NOT LISTED FOR SALE

15965 Sago Rd Unit 1-4 Apple Valley, CA 92307

High Desert Neighborhood

Estimated Value: $614,000 - $901,000

8 Beds
4 Baths
3,612 Sq Ft
0.49 Acres

Last Sold December 07, 2018

Last sale price $410,000 $114 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,517/month

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Cooling Available
  • Chain Link Fence

About This Home

As of December 2018

Hurry this Deal won't last! New remodel. Seller spend more than $50,000 for sewer connected with city Sewer. 4 units income property. Connected with City Sewer!!! All unit are 2B/1B/1 Car Garage. Total 3612 sqft with total 4 car Garages on an enormous 21,455 sqft lot. Each unit has a 1 car garage. Laundry Room separate not including sqft. Chain Link fance. Closed to school& Shopping Center. This is your opportunity to own a well managed multi-unit property in a very desirable area of Apple Valley. Long term tenants with no issues since the beginning. Each unit has central AC and its own gas and electric meter also. Welcome FHA Loan. This property has positive cash flow.

Last Agent to Sell the Property

Lydia Zhu

STAR MAX REALTY License #01837252 Listed on: 11/27/2018

Last Buyer's Agent

DANIEL MORALES

GOLDEN EAGLE PROPERTIES License #02063511

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,547

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Chain Link Fence

Parking

  • 8 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 3,612 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 315
  • Tax Tract Number 100
  • Assessor Parcel Number 0441102140000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $2,163
  • Trash Expense $960
  • Water Sewer Expense $450
  • New Taxes Expense $3,567
  • Operating Expense $7,860
  • Gross Income $40,800
  • Net Operating Income $33,660

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,547

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 450.00
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 0441102140000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 113.51
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Natural Gas Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21455.00
  • Lot Size Acres: 0.4925

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 2163.00
  • Lot Size Area: 21455.0000 Square Feet
  • Net Operating Income: 33660.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Rent Control: No
  • Total Actual Rent: 3450.00
  • Total Expenses: 7860.00

Tax Info

  • New Taxes Expense: 3567.00
  • Tax Census Tract: 97.16
  • Tax Lot: 315
  • Tax Tract: 4287
  • Tax Tract Number: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2020
Sold by
Gutierrez Matias and Muniz Bertha
Bought by
Navarro Hjose Luis and Navarro Veronica
Current Estimated Value
$757,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$272,480
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$484,781

Purchase Details

Closed on
Sep 26, 2018
Sold by
Bi Clark Ke and Zhu Lydia Lingqin
Bought by
Gutierrez Matias and Muniz Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,316
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2015
Sold by
Nguyen Andrew
Bought by
Bi Clark Ke and Zhu Lydia Lingqin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Mojave Desert Enterprises Llc
Bought by
Nguyen Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Grove Gary and Grove Tracy
Bought by
Mojave Desert Enterprises Llc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Woods Michael
Bought by
Grove Gary and Grove Tracy

Purchase Details

Closed on
Mar 30, 2007
Sold by
Woods Michael
Bought by
Woods Michael

Purchase Details

Closed on
Jul 9, 2004
Sold by
Woods Michael
Bought by
Woods Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Burkhalter Phalance E
Bought by
Woods Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Lowe Michelle M
Bought by
Burkhalter Phalance E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.12%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Burkhalter Phalance E
Bought by
The Phalance E Burkhalter Trust Ii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Hud
Bought by
Burkhalter Phalance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Apr 16, 1999
Sold by
Encinas Richard T and Encinas Grace
Bought by
Midfirst Bank

Purchase Details

Closed on
Nov 30, 1998
Sold by
Encinas Richard T and Encinas Grace
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 13, 1993
Sold by
Encinas Richard T and Encinas Grace
Bought by
Torres Eddie A and Torres Tamara N
Source: Public Records

Range of Values:

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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
Navarro Hjose Luis $510,000 North American Title Company
Gutierrez Matias $410,000 Old Republic Title Company
Bi Clark Ke $270,000 First American Title
Nguyen Andrew $190,000 Chicago Title Company
Mojave Desert Enterprises Llc $104,000 None Available
Grove Gary -- None Available
Woods Michael -- First American Title Company
Woods Michael -- Orange Coast Title
Woods Michael -- Orange Coast Title
Woods Michael $169,000 Orange Coast Title
Burkhalter Phalance E -- Orange Coast Title
The Phalance E Burkhalter Trust Ii -- --
Burkhalter Phalance $90,000 Orange Coast Title
Hud -- Fidelity National Title Ins
Midfirst Bank $148,733 Fidelity National Title Ins
Chase Manhattan Mtg Corp $142,413 Fidelity National Title Ins
Torres Eddie A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Hjose Luis $306,000
Previous Owner Gutierrez Matias $396,316
Previous Owner Bi Clark Ke $162,000
Previous Owner Nguyen Andrew $142,500
Previous Owner Woods Michael $206,500
Previous Owner Woods Michael $105,000
Previous Owner Burkhalter Phalance $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $410,000 -4.6% $114 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $429,900 -- $119 / 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 $6,547 $552,040 $54,121 $497,919
2024 $6,547 $541,216 $53,060 $488,156
2023 $6,485 $530,604 $52,020 $478,584
2022 $6,386 $520,200 $51,000 $469,200
2021 $5,734 $422,533 $41,223 $381,310
2020 $5,199 $418,200 $40,800 $377,400
2019 $5,103 $286,526 $37,142 $249,384
2018 $3,646 $280,908 $36,414 $244,494
2017 $3,594 $275,400 $35,700 $239,700
2016 $3,567 $270,000 $35,000 $235,000
2015 $2,835 $202,541 $21,320 $181,221
2014 $2,499 $198,573 $20,902 $177,671
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lydia Zhu

    STAR MAX REALTY

    Section Image

  • D

    Buyer's Agent in 2018

    DANIEL MORALES

    GOLDEN EAGLE PROPERTIES

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18280710

California Regional Multiple Listing Service (CRMLS)

APN: 0441-102-14

California San Bernardino County Apple Valley 92307 High Desert

15965 Sago Rd Unit 1-4, Apple Valley, CA

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