NOT LISTED FOR SALE

Estimated Value: $695,000 - $756,000

8 Beds
4 Baths
3,612 Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: December 7, 2018

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

Est. 75% increase in value since last sale

Current estimated payment $4,194 / mo

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

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

Amenities

  • Laundry Facilities

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

Year Built

Built in 1988

Lot Details

0.49 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Bought by
Current Estimated Value
$718,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$112,162
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$605,876

Purchase Details

Closed on
Jun 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,500 --
-- --
$160,000 Randy Rhinehart
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $130,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,024 $83,100 $17,900 $65,200
2024 $3,024 $83,100 $17,900 $65,200
2023 $2,846 $83,100 $17,900 $65,200
2022 $3,179 $83,100 $17,900 $65,200
2021 $3,195 $83,100 $17,900 $65,200
2020 $3,655 $98,800 $12,700 $86,100
2019 $3,606 $98,800 $12,700 $86,100
2018 $3,606 $98,800 $12,700 $86,100
2017 $3,604 $98,800 $12,700 $86,100
2016 $3,558 $98,800 $12,700 $86,100
2015 -- $98,800 $12,700 $86,100
2014 -- $98,800 $12,700 $86,100
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18280710

California Regional Multiple Listing Service (CRMLS)
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