NOT LISTED FOR SALE

15531 5th St Victorville, CA 92395

Estimated Value: $244,000 - $414,000

3 Beds
3 Baths
1,740 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $185,000 $106 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,878/month

165 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Wall Furnace

About This Home

As of May 2016

Tri-plex located in Old Town Victorville. A wonderful investment opportunity these units are fully rented and have recently received newer windows in all three units. The back unit has newer flooring, newer bathroom vanity, shower, fixtures, etc., newer paint throughout, newer kitchen cabinets, counter tops, sink, faucet and a single car garage with an updated roll up door. The back unit is privately gated, with a yard and alley access also. Front duplex has newer flooring, newer bathrooms with updated showers, vanities etc., newer kitchen counter tops etc. There is plenty of up-front parking on the property, with a parking lot to accommodate tenants parking needs.

Last Agent to Sell the Property

Thomas Gibson

THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 02/18/2016

Last Buyer's Agent

Rosibel Flores

Equity Smart Real Estate Serv License #01965611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1952

Lot Details

  • 7,100 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • Uncovered Parking
  • Assigned Parking

Home Design

  • 1,740 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 98
  • Assessor Parcel Number 0478222100000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,292
  • Trash Expense $564
  • Water Sewer Expense $1,416
  • New Taxes Expense $2,363
  • Gross Income $2,050
  • Net Operating Income $22,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 1416.00
  • Property Type: Residential Income
  • Parcel Number: 0478222100000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 106.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 564.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 7100.00
  • Price Per Lot Square Foot: 26.06
  • Lot Size Acres: 0.1630

Multi Family

  • Gross Income: 2050.00
  • Gross Scheduled Income: 26620.00
  • Insurance Expense: 1292.00
  • Lot Size Area: 7100.0000 Square Feet
  • Net Operating Income: 22965.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2363.00
  • Tax Lot: 5
  • Tax Tract Number: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2017
Sold by
Casillas Yesenia Noemi
Bought by
Casillas Hector
Current Estimated Value
$314,639

Purchase Details

Closed on
Mar 16, 2016
Sold by
Rama Manesh
Bought by
Casillas Yesenia Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2015
Closed on
Feb 5, 2015
Sold by
Ceba Properties Lp
Bought by
Rama Manesh
Seller's Agent
Angela Brown
First Team Real Estate
Buyer's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
List Price
$164,500
Sold Price
$150,000
Premium/Discount to List
-$14,500
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$112,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2015
Closed on
Feb 4, 2015
Sold by
Rama Sunita Manesh
Bought by
Rama Manesh
Seller's Agent
Angela Brown
First Team Real Estate
Buyer's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
List Price
$164,500
Sold Price
$150,000
Premium/Discount to List
-$14,500
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2014
Sold by
Osias Luana Marie and Daniel Noriega Living Trust
Bought by
Ceba Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Noriega Daniel
Bought by
Noriega Daniel and The Daniel Noriega Living Trus

Purchase Details

Closed on
Aug 23, 2000
Sold by
James Connie L
Bought by
James Connie L and Noriega Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,012
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2000
Sold by
Demaree Clifford F
Bought by
James Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,012
Interest Rate
8.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Casillas Hector -- None Available
Casillas Yesenia Noemi $185,000 Lawyers Title
Rama Manesh $150,000 Western Resources Title Co
Rama Manesh -- Western Resources Title Co
Ceba Properties Lp $70,000 First American Title Company
Noriega Daniel -- --
James Connie L -- --
James Connie L $55,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casillas Yesenia Noemi $181,649
Previous Owner Rama Manesh $112,500
Previous Owner Ceba Properties Lp $76,000
Previous Owner James Connie L $46,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2016 05/20/16 Sold $185,000 -2.1% $106 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $189,000 +26.0% $109 / Sq Ft
02/18/2015 02/18/15 Sold $150,000 -8.8% $86 / Sq Ft View Prior Sale
01/16/2015 01/16/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $164,500 -- $95 / 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 $2,607 $220,510 $23,211 $197,299
2024 $2,607 $216,186 $22,756 $193,430
2023 $2,562 $211,947 $22,310 $189,637
2022 $2,518 $207,792 $21,873 $185,919
2021 $2,484 $203,718 $21,444 $182,274
2020 $2,438 $201,629 $21,224 $180,405
2019 $2,398 $197,676 $20,808 $176,868
2018 $2,555 $193,800 $20,400 $173,400
2017 $2,481 $188,700 $15,300 $173,400
2016 $2,011 $152,288 $15,229 $137,059
2015 $933 $112,507 $16,073 $96,434
2014 $1,442 $67,606 $9,833 $57,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15216189

California Regional Multiple Listing Service (CRMLS)

APN: 0478-222-10