NOT LISTED FOR SALE

1533 N Erwin St Ridgecrest, CA 93555

Estimated Value: $363,000 - $455,000

7 Beds
4 Baths
2,982 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $331,100 $111 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,649/month

35 Days on Market

Highlights

  • Mountain View
  • Covered Patio or Porch
  • Landscaped with Trees
  • Burroughs High School Rated A-
  • Fireplace
  • Evaporated cooling system

About This Home

As of March 2021

Great investment property in the desirable North-West. Unit A is a 3 bed/ 2 bath and units B & C are 2 bed/1 bath with all with one car garages. These quaint units have fireplaces, evap coolers, nice layouts inside and the lower units have back patios. The location is great with nice curb appeal. Please do not disturb the tenants. All offers to be contingent upon inspection.

Last Agent to Sell the Property

Carolyn Kent

eXp Realty of California, Inc. License #01700686 Listed on: 11/30/2020

eXp Realty of California, Inc.

Last Buyer's Agent

Carolyn Kent

eXp Realty of California, Inc. License #01700686 Listed on: 11/30/2020

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,982 Sq Ft Home
  • Fireplace
  • Window Treatments
  • Carpet
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Master Meter
  • Natural Gas Connected
  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 453-072-04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,396

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 453-072-04
  • Directions To Property: North Downs, west on Perdew to Erwin
  • Property Sub Type: Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1985
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups, Water Heater
  • Total Bathrooms: 4
  • Lower Floor 1 Bedrooms: 7
  • Interior Amenities: Fireplace, Window Coverings, Flooring- Carpet
  • Listing Area: North West
  • Living Sq Ft: 2982

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Curb & Gutter, Fenced- Partial, Landscape- Partial, Patio- Covered, Trees, View of Mountains
  • Flood Zone: 0.2 PCT
  • Foundation: Slab on Grade
  • Roof Type: Composition, Shingle
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting
  • Utilities: Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Hooked-up

Condo/Co-op/Association

  • Units In Building: 3

Lot Info

  • Lot Size: 0.17
  • Zoning: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Mar 26, 2021
Sold by
Premiere Platinum Properties Llc
Bought by
Chen Xue Zhan
Seller's Agent
Carolyn Kent
eXp Realty of California, Inc.
Buyer's Agent
Carolyn Kent
eXp Realty of California, Inc.
List Price
$350,000
Sold Price
$331,100
Premium/Discount to List
-$18,900
-5.4%
Current Estimated Value
$414,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,660
Avg. Annual Appreciation
5.19%
Original Mortgage
$243,750
Outstanding Balance
$220,094
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$195,621

Purchase Details

Listed on
Nov 30, 2020
Closed on
Mar 15, 2021
Sold by
Chen Xiaoji
Bought by
Chen Xue Zhan
Seller's Agent
Carolyn Kent
eXp Realty of California, Inc.
Buyer's Agent
Carolyn Kent
eXp Realty of California, Inc.
List Price
$350,000
Sold Price
$331,100
Premium/Discount to List
-$18,900
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$220,094
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$195,621

Purchase Details

Closed on
Mar 18, 2013
Sold by
Fairlie Neal Joan Ann
Bought by
Premiere Platinum Properties Llc

Purchase Details

Closed on
Jul 3, 2006
Sold by
Borden Susan E
Bought by
Borden Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2006
Sold by
Borden Bruce E
Bought by
Fairlie Neal Joan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 23, 1997
Sold by
Todd Joseph Richard
Bought by
Borden Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Xue Zhan $331,500 First American Title Company
Chen Xue Zhan -- First American Title Company
Premiere Platinum Properties Llc $145,000 Placer Title Company
Borden Bruce E -- Chicago Title Company
Fairlie Neal Joan Ann $295,000 Chicago Title Company
Borden Bruce E $65,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xue Zhan $243,750
Previous Owner Fairlie Neal Joan Ann $221,250
Previous Owner Borden Bruce E $64,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $331,100 -5.4% $111 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $350,000 -- $117 / Sq Ft
Source: Southern Sierra MLS

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 $5,396 $358,391 $43,296 $315,095
2024 $5,244 $351,365 $42,448 $308,917
2023 $5,244 $344,476 $41,616 $302,860
2022 $5,137 $337,722 $40,800 $296,922
2021 $3,113 $164,951 $22,749 $142,202
2020 $3,015 $163,260 $22,516 $140,744
2019 $2,980 $163,260 $22,516 $140,744
2018 $2,941 $156,923 $21,643 $135,280
2017 $2,935 $153,847 $21,219 $132,628
2016 $2,834 $150,831 $20,803 $130,028
2015 $2,787 $148,566 $20,491 $128,075
2014 $2,476 $145,657 $20,090 $125,567
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southern Sierra MLS

MLS Number: 1957828

APN: 453-072-04-00-9