NOT LISTED FOR SALE

16031 Live Oak St Hesperia, CA 92345

Downtown Hesperia Neighborhood

Estimated Value: $352,000 - $374,000

2 Beds
1 Bath
1,180 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $270,000 $229 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,188/month

144 Days on Market

Highlights

  • Evaporated cooling system
  • Wall Furnace
  • 1-Story Property
  • Paved or Partially Paved Lot

About This Home

As of March 2022

Hesperia duplex priced to sell! These are so rare to see come up for sale that you have to jump on them. Unit A is ONE bedroom & ONE bathroom and are on a month-to-month basis for $550 a month. Unit B two bedrooms & ONE bathroom that is rented for $650. The owner does not have any deposits. I believe this property is rented under market value and rents could be increased to $750 & $800 (which is possible) that would make it a 6.5 cap rate! Drive by only, do NOT disturb the tenants. All offers subject to interior inspection. Buyer to verify all including square footage. Great VALUE ADD opportunity!

Last Agent to Sell the Property

Derek De Ville

Realty ONE Group Empire License #01701497 Listed on: 09/24/2021

Realty ONE Group Empire

Last Buyer's Agent

PETER MAKHLOUF

Embassy Financial Group Inc. License #01277189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1952

Lot Details

  • 7,000 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Conventional Septic

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 0407152030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,133

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: No
  • Zoning: Residential 3
  • Property Type: Residential Income
  • Parcel Number: 0407152030000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Appliances: No
  • Price Per Square Foot: 228.81

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Water, Trash

Lot Info

  • Lot Features: Paved
  • Lot Size: buyer to verify.
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Feb 21, 2022
Sold by
Griffin Family Trust
Bought by
Yepez Ricardo and Yepez Alicia
Seller's Agent
Derek De Ville
Realty ONE Group Empire
Buyer's Agent
PETER MAKHLOUF
Embassy Financial Group Inc.
List Price
$275,500
Sold Price
$270,000
Premium/Discount to List
-$5,500
-2%
Current Estimated Value
$361,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,500
Avg. Annual Appreciation
10.27%
Original Mortgage
$202,500
Outstanding Balance
$189,539
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$190,288

Purchase Details

Closed on
Sep 17, 2005
Sold by
Griffin Larry L
Bought by
Griffin Larry L and Griffin Sally Ann

Purchase Details

Closed on
Jul 12, 2000
Sold by
Price E L
Bought by
Griffin Larry L and Griffin Sally Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
Yepez Ricardo $270,000 Chicago Title
Griffin Larry L -- --
Griffin Larry L $30,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yepez Ricardo $202,500
Previous Owner Griffin Larry L $84,500
Previous Owner Griffin Larry L $44,700
Previous Owner Griffin Larry L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $270,000 -2.0% $229 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $275,500 0.0% $233 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $275,500 -3.5% $233 / Sq Ft
09/24/2021 09/24/21 For Sale $285,500 -- $242 / 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 $3,133 $286,526 $37,142 $249,384
2024 $3,133 $280,908 $36,414 $244,494
2023 $3,099 $275,400 $35,700 $239,700
2022 $2,538 $224,400 $35,700 $188,700
2021 $545 $41,763 $9,745 $32,018
2020 $539 $41,335 $9,645 $31,690
2019 $530 $40,525 $9,456 $31,069
2018 $521 $39,731 $9,271 $30,460
2017 $513 $38,952 $9,089 $29,863
2016 $504 $38,188 $8,911 $29,277
2015 -- $37,614 $8,777 $28,837
2014 $493 $36,877 $8,605 $28,272
Source: Public Records

Agents Affiliated with this Home

  • Derek De Ville

    Seller's Agent in 2022

    Derek De Ville

    Realty ONE Group Empire

    (760) 559-4805

    6 in this area

    157 Total Sales

    Derek De Ville
    Section Image
  • PETER MAKHLOUF

    Buyer's Agent in 2022

    PETER MAKHLOUF

    Embassy Financial Group Inc.

    (562) 572-9671

    1 in this area

    25 Total Sales

    PETER MAKHLOUF
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 539548

California Regional Multiple Listing Service (CRMLS)

APN: 0407-152-03

California San Bernardino County Hesperia 92345 Downtown Hesperia

16031 Live Oak St, Hesperia, CA

This home is located at 16031 Live Oak St, Hesperia, CA 92345 since 24 September 2021 and is currently estimated at $361,500, approximately $306 per square foot. This property was built in 1952. 16031 Live Oak St is a home located in San Bernardino County with nearby schools including Joshua Circle Elementary School, Hesperia Junior High School, and Hesperia High School.

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

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