NOT LISTED FOR SALE
10 Beds
5 Baths
4,940 Sq Ft
0.46 Acres Lot

Sale Details

Date Sold: June 23, 2020

Last sale price $549,000 $111 Per Sq Ft

88 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Mountainous Community

About This Home

As of June 2020

Fully occupied 5 units located in north of Apple Valley area. Good investment for investors. Each unit has spacious 2 bedroom and 1 bath, indoor laundry area. Property now is managed by local management company. Each unit is being well maintained.

Last Agent to Sell the Property

Bi Chen

Pinnacle Real Estate Group License #01255894 Listed on: 10/18/2019

Pinnacle Real Estate Group

Last Buyer's Agent

Luis Gallegos

Keller Williams Pacific Estates License #01806981

Keller Williams Pacific Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 20,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,940 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Tax Lot 495
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441101300000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Mountainous Community

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Gardener Expense $600
  • Insurance Expense $1,050
  • Professional Management Expense $3,318
  • Trash Expense $3,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,500
  • Operating Expense $14,108
  • Gross Income $33,292
  • Net Operating Income $33,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.46 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3318.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0441101300000
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 111.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4591

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 33292.00
  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1050.00
  • Lot Size Area: 20000.0000 Square Feet
  • Net Operating Income: 33292.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 14108.00
  • Rent Control: No
  • Total Expenses: 14108.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Census Tract: 97.16
  • Tax Lot: 495
  • Tax Tract Number: 4287
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2020 06/23/20 Sold $549,000 0.0% $111 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $549,000 +77.1% $111 / Sq Ft
04/24/2015 04/24/15 Sold $310,000 -8.5% $63 / Sq Ft View Prior Sale
01/13/2015 01/13/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $338,800 -- $69 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,617 $600,412 $38,278 $562,134
2024 $7,192 $588,639 $37,527 $551,112
2023 $7,124 $577,097 $36,791 $540,306
2022 $7,015 $565,782 $36,070 $529,712
2021 $6,856 $554,688 $35,363 $519,325
2020 $4,470 $340,670 $32,968 $307,702
2019 $4,387 $333,991 $32,322 $301,669
2018 $4,281 $327,442 $31,688 $295,754
2017 $4,220 $321,022 $31,067 $289,955
2016 $3,859 $314,728 $30,458 $284,270
2015 $3,415 $276,645 $15,369 $261,276
2014 -- $271,226 $15,068 $256,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19246850

California Regional Multiple Listing Service (CRMLS)
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