NOT LISTED FOR SALE

1506 E Avenue R Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $363,434 - $473,000

3 Beds
1 Bath
1,365 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $70,000 $51 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $2,338/month

25 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Cooling Available

About This Home

As of January 2013

Move in condition,completely rehabbed,new floors,kitchen,counter tops,carpet,new paint must see.

Last Agent to Sell the Property

Orasee Russell

CAPITAL COVE INTERNATIONAL License #01273801 Listed on: 10/08/2012

CAPITAL COVE INTERNATIONAL

Last Buyer's Agent

James Rodriguez

Intero Real Estate Services License #01828020

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,497

Parking

  • 2 Car Garage

Interior Spaces

  • 1,365 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 7,497 Sq Ft Lot
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 260
  • Tax Tract Number 17369

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1365.00
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 51.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 7497.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7497.0000 Square Feet

Tax Info

  • Tax Lot: 260
  • Tax Tract Number: 17369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2015
Sold by
Moreno Francisco
Bought by
The Moreno Living Trust
Current Estimated Value
$414,109

Purchase Details

Listed on
Oct 8, 2012
Closed on
Jan 8, 2013
Sold by
Capital Cove Bancorp Llc
Bought by
Moreno Francisco
Seller's Agent
Orasee Russell
CAPITAL COVE INTERNATIONAL
Buyer's Agent
James Rodriguez
Intero Real Estate Services
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$68,732
Outstanding Balance
$48,079
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$366,030

Purchase Details

Closed on
Nov 1, 2011
Sold by
Bhongir Chandra R
Bought by
Capital Cove Bancorp Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bhongir Lakshmi M
Bought by
Bhongir Chandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.85%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bhongir Lakshmi M
Bought by
Bhongir Chandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.63%

Purchase Details

Closed on
May 9, 2000
Sold by
Hud
Bought by
Bhongir Chandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.63%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Newman Andrew
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 14, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Aug 26, 1997
Sold by
Halal Investment Corp
Bought by
Newman Andrew and Newman Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,235
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 1997
Sold by
Federal National Mortgage Association
Bought by
Halal Investment Corp J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,235
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1996
Sold by
Hagan William T and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
The Moreno Living Trust -- None Available
Moreno Francisco $70,000 Ticor Title Co
Capital Cove Bancorp Llc $52,000 Ticor Title Co
Bhongir Chandra R -- Gateway Title
Bhongir Chandra R -- Investors Title Company
Bhongir Chandra R $60,500 Investors Title Company
Countrywide Home Loans Inc $72,652 Landsafe Title
Hud -- Landsafe Title
Newman Andrew $65,000 Investors Title Company
Halal Investment Corp J $32,500 First American
Federal National Mortgage Association $74,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Francisco $68,732
Previous Owner Bhongir Chandra R $80,000
Previous Owner Bhongir Chandra R $54,000
Previous Owner Newman Andrew $65,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $70,000 -36.3% $51 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $109,900 -- $81 / 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
2025 $2,070 $86,188 $17,233 $68,955
2024 $2,070 $84,499 $16,896 $67,603
2023 $2,057 $82,843 $16,565 $66,278
2022 $1,991 $81,220 $16,241 $64,979
2021 $1,938 $79,628 $15,923 $63,705
2019 $1,893 $77,267 $15,451 $61,816
2018 $1,868 $75,753 $15,149 $60,604
2017 $156 $74,268 $14,852 $59,416
2016 $1,760 $72,812 $14,561 $58,251
2015 $1,740 $71,720 $14,343 $57,377
2014 $1,726 $70,317 $14,063 $56,254
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2013

    Orasee Russell

    CAPITAL COVE INTERNATIONAL

    Section Image

  • J

    Buyer's Agent in 2013

    James Rodriguez

    Intero Real Estate Services

    (818) 869-6132

    7 Total Sales

    James Rodriguez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12124972

California Regional Multiple Listing Service (CRMLS)

APN: 3012-003-016

California Los Angeles County Palmdale 93550 East Palmdale

1506 E Avenue R, Palmdale, CA

Not Listed for Sale

Detached

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