NOT LISTED FOR SALE

15857 Tokay St Victorville, CA 92395

Estimated Value: $647,000 - $725,925

8 Beds
5 Baths
3,800 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $350,000 $92 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,024/month

218 Days on Market

About This Home

As of June 2016

7.06% Cap Rate - 4 unit apartment complex located on Tokay Rd in Victorville. Property is situated one street north of Bear Valley, offering convenient access to the I-15 Freeway. Complex is situated near shopping and eateries such as Starbucks, Johns Incredible Pizza, Marie Callenders and the Mall of Victor Valley featuring national anchor tenants Macy's, JC Penny's, Barnes and Noble, Dick's Sporting Goods and many others.

Last Agent to Sell the Property

Graeme Carr

NAI CAPITAL, INC. Brokerage Phone: 760-403-4151 License #00648584 Listed on: 11/10/2015

Last Buyer's Agent

Jacqueline Soto

eHomes License #01854412

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,356 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rural Setting
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 571
  • Tax Tract Number 3
  • Assessor Parcel Number 3093571030000

Community Details

Overview

  • 10 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,385
  • Water Sewer Expense $1,385
  • New Taxes Expense $3,001
  • Operating Expense $5,771
  • Gross Income $2,600
  • Net Operating Income $25,429

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1385.00
  • Property Type: Residential Income
  • Parcel Number: 3093571030000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 92.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 1385.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4356.00
  • Price Per Lot Square Foot: 80.35
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 0.1000 Acres
  • Net Operating Income: 25429.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 5771.00
  • Rent Control: No
  • Total Expenses: 5771.00

Tax Info

  • New Taxes Expense: 3001.00
  • Tax Lot: 571
  • Tax Tract Number: 03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jun 15, 2016
Sold by
Elliot Ralph E and Elliot Rose M
Bought by
Sanchez Carlos
Seller's Agent
Graeme Carr
NAI CAPITAL, INC.
Buyer's Agent
Jacqueline Soto
eHomes
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$687,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,981
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Apr 24, 2008
Sold by
Elliot Ralph E and Elliot Rose M
Bought by
Elliot Ralph E and Elliot Rose M

Purchase Details

Closed on
Mar 19, 2007
Sold by
Elliot Ralph E and Elliot Rose M
Bought by
Elliot Ralph E and Elliot Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sanchez Carlos $350,000 Chicago Title Company
Elliot Ralph E -- None Available
Elliot Ralph E -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliot Ralph E $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $350,000 -2.8% $92 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $360,000 -- $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 $4,899 $414,327 $71,027 $343,300
2024 $4,899 $406,203 $69,634 $336,569
2023 $4,848 $398,239 $68,269 $329,970
2022 $4,763 $390,430 $66,930 $323,500
2021 $4,675 $382,775 $65,618 $317,157
2020 $4,590 $378,850 $64,945 $313,905
2019 $4,514 $371,422 $63,672 $307,750
2018 $4,810 $364,140 $62,424 $301,716
2017 $4,712 $357,000 $61,200 $295,800
2016 $3,113 $237,855 $5,981 $231,874
2015 $3,001 $234,282 $5,891 $228,391
2014 $2,947 $229,693 $5,776 $223,917
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Graeme Carr

    NAI CAPITAL, INC.

    Section Image

  • J

    Buyer's Agent in 2016

    Jacqueline Soto

    eHomes

    (323) 434-5003

    25 Total Sales

    Jacqueline Soto
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15243460

California Regional Multiple Listing Service (CRMLS)

APN: 3093-571-03

California San Bernardino County Victorville 92395

15857 Tokay St, Victorville, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes