NOT LISTED FOR SALE

Estimated Value: $519,000 - $605,000

6 Beds
3 Baths
2,652 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $365,000 $138 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,397/month

9 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Rectangular Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Yucca Loma Park

About This Home

As of December 2019

Updated Apple Valley Triplex. Each unit is 2bed 1bath with private fenced back yard and its own detached garage. Building has brand new roof, new plumbing, new electrical, new AC/heater units, new water heaters, new range/stoves, range hoods, dishwashers, garbage disposals, window blinds, doors, tile, carpets, etc. Each unit leased at $880/unit with long term renters (2 of 3 have been renting >4 years). Extra income from on site laundry.

Last Agent to Sell the Property

MATTHEW JERKINS

KELLER WILLIAMS REALTY License #02059621 Listed on: 10/13/2019

KELLER WILLIAMS REALTY

Last Buyer's Agent

Karim Almandos

Homequest Real Estate License #01197927

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1979

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,652 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3451
  • Tax Tract Number 3641
  • Assessor Parcel Number 3087301170000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,851
  • Operating Expense $8,651
  • Gross Income $31,680
  • Net Operating Income $23,029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,749

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 123000
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 3087301170000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 137.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Park Nearby
  • Lot Size Sq Ft: 21700.00
  • Lot Size Acres: 0.4982

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 884 Square Feet
  • Gross Income: 31680.00
  • Gross Operating Income: 31680.00
  • Gross Scheduled Income: 31680.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 21700.0000 Square Feet
  • Net Operating Income: 23029.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8651.00
  • Rent Control: No
  • Total Actual Rent: 2640.00
  • Total Expenses: 8651.00

Tax Info

  • New Taxes Expense: 3851.00
  • Tax Census Tract: 97.10
  • Tax Lot: 3451
  • Tax Tract Number: 3641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2019
Closed on
Oct 28, 2019
Sold by
Jiles Lizzie and Giles Lizzie
Bought by
Legaspi Jose J and Legaspi Judy Elizabeth
Seller's Agent
MATTHEW JERKINS
KELLER WILLIAMS REALTY
Buyer's Agent
Karim Almandos
Homequest Real Estate
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%
Total Days on Market
9
Current Estimated Value
$565,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,494
Avg. Annual Appreciation
8.30%
Original Mortgage
$118,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Sold by
Keck Albert
Bought by
Giles Lizzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1999
Sold by
Keck Albert
Bought by
Keck Albert and Keck Lotte I

Purchase Details

Closed on
May 11, 1999
Sold by
Bankers Trust Company
Bought by
Keck Albert and Keck Lotte

Purchase Details

Closed on
Feb 26, 1999
Sold by
Ekanem Effiong
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Sep 12, 1997
Sold by
Hilliard Robert L and Hilliard Diane C Tr
Bought by
Ekanem Effiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.26%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Legaspi Jose J $365,000 Fidelity National Title Co
Giles Lizzie $154,909 Stewart Title Company
Keck Albert -- --
Keck Albert $55,000 Fidelity National Title
Amresco Residential Securities Corp Mtg $76,528 Benefit Title
Ekanem Effiong $76,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legaspi Jose J $331,000
Closed Legaspi Jose J $118,000
Previous Owner Giles Lizzie $139,400
Previous Owner Keck Albert $66,000
Previous Owner Keck Albert $63,000
Previous Owner Ekanem Effiong $36,000
Previous Owner Ekanem Effiong $68,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $365,000 -1.1% $138 / Sq Ft
10/13/2019 10/13/19 For Sale $369,000 -- $139 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,749 $391,354 $37,527 $353,827
2023 $4,704 $383,680 $36,791 $346,889
2022 $4,632 $376,157 $36,070 $340,087
2021 $4,527 $368,782 $35,363 $333,419
2020 $4,471 $205,147 $22,512 $182,635
2019 $7,967 $201,125 $22,071 $179,054
2018 $7,976 $197,181 $21,638 $175,543
2017 $4,081 $193,315 $21,214 $172,101
2016 $4,250 $189,524 $20,798 $168,726
2015 -- $186,678 $20,486 $166,192
2014 $3,725 $183,022 $20,085 $162,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19242300

California Regional Multiple Listing Service (CRMLS)

APN: 3087-301-17