1516 Michelle Ave Lancaster, CA 93535
East Lancaster NeighborhoodEstimated Value: $415,716 - $505,000
3
Beds
2
Baths
1,483
Sq Ft
$301/Sq Ft
Est. Value
About This Home
This home is located at 1516 Michelle Ave, Lancaster, CA 93535 and is currently estimated at $445,929, approximately $300 per square foot. 1516 Michelle Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, New Vista Middle School, and Eastside High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 14, 2020
Sold by
Wood Scott Andrew
Bought by
Wood Scott Andrew and Wood Sarah Elizabeth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$39,703
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$406,226
Purchase Details
Closed on
Sep 24, 2012
Sold by
Wood Sarah
Bought by
Wood Scott Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,298
Outstanding Balance
$79,540
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$366,389
Purchase Details
Closed on
Jan 14, 2009
Sold by
Cook Ella and Estate Of Ronald Clark Smith
Bought by
Wood Scott Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.92%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 1994
Sold by
Smith Carolyn Sue
Bought by
Smith Ronald
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wood Scott Andrew | -- | Chicago Title Company | |
| Wood Scott Andrew | -- | Stewart Title Of California | |
| Wood Scott Andrew | $125,000 | Chicago Title Company | |
| Smith Ronald | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wood Scott Andrew | $50,000 | |
| Open | Wood Scott Andrew | $116,298 | |
| Closed | Wood Scott Andrew | $122,735 |
Source: Public Records
Tax History Compared to Growth
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 | $3,447 | $175,183 | $32,183 | $143,000 |
| 2024 | $3,447 | $171,749 | $31,552 | $140,197 |
| 2023 | $3,377 | $168,383 | $30,934 | $137,449 |
| 2022 | $3,185 | $151,670 | $30,328 | $121,342 |
| 2021 | $2,640 | $148,697 | $29,734 | $118,963 |
| 2019 | $2,570 | $144,289 | $28,853 | $115,436 |
| 2018 | $2,526 | $141,461 | $28,288 | $113,173 |
| 2016 | $4,218 | $135,970 | $27,191 | $108,779 |
| 2015 | $2,371 | $133,929 | $26,783 | $107,146 |
| 2014 | $2,367 | $131,307 | $26,259 | $105,048 |
Source: Public Records
Map
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