NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,082,000

8 Beds
8 Baths
4,532 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $850,000 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,061/month

Highlights

  • Mountain View
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of December 2021

This is a great income property located in Desert Knowles area of Apple Valley. This property has been well maintained and has great curb appeal.

Last Agent to Sell the Property

Daun Dorcy

Coldwell Banker Commercial Rea License #01495233 Listed on: 07/23/2021

Coldwell Banker Commercial Rea

Co-Listed By

Paul Victor Leon

Coldwell Banker Commercial Rea License #00915214

Last Buyer's Agent

David Spears

OMEGA REAL ESTATE License #01969554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,430

Year Built

  • Built in 2010

Lot Details

  • 0.52 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 8 Car Garage

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 4,532 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 0473381090000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,430

Year Built

Built in 2010

Lot Details

0

Parking

8

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: Residential 3
  • Property Type: Residential Income
  • Parcel Number: 0473381090000
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Appliances: Yes
  • Price Per Square Foot: 187.56

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Oven, Dishwasher, Disposal
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Water, Trash

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 22745.00
  • Lot Size Acres: 0.5200

Multi Family

  • Lot Size Area: 22745.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 269
  • Tax Tract: 7802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Dec 6, 2021
Sold by
Wato Road Llc
Bought by
Potluri Sridhar Babu and Yejella Sushmarani
Seller's Agent
Daun Dorcy
Coldwell Banker Commercial Rea
Buyer's Agent
David Spears
OMEGA REAL ESTATE
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$979,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,331
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Giarrusso Dion Scott and Giarrusso Karien
Bought by
Wato Road Llc

Purchase Details

Closed on
Jan 25, 2021
Sold by
Giarrusso Dion Scott and Giarrusso Dion
Bought by
Giarrusso Dion Scott and Giarrusso Karien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2017
Sold by
Giarrusso Karien
Bought by
Giarrusso Dion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,250
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2017
Sold by
Hermansen Charles R Hermanser and The Hermansen Family Living Tr
Bought by
Giarrusso Dion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,250
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2013
Sold by
Hermansen Charles R and Hermansen Julie A
Bought by
Hermansen Charles R and Hermansen Julie A

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
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2013
Sold by
Lee Owen R and Owen R Lee Living Trust
Bought by
Hermansen Charles R and Hermansen Julie A

Purchase Details

Closed on
Aug 10, 2012
Sold by
Cedar Creek Development Inc
Bought by
Lee Owen R and Owen R Lee Living Trust

Purchase Details

Closed on
Jan 8, 2008
Sold by
Bliz Properties Llc
Bought by
High Desert Falls Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2007
Sold by
Cedar Creek Development Inc
Bought by
Bliz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Velez Philip V
Bought by
Cedar Creek Development Inc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Radmer Kathaleen R and Kathaleen Radmer Revocable Tru
Bought by
Velez Philip V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
5.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 2003
Sold by
Radmer Kathaleen R and Radmer Kathaleen Rose
Bought by
Radmer Kathaleen R and Radmer Revocable T Kathaleen R

Purchase Details

Closed on
Jun 7, 2001
Sold by
Pulford Donald B
Bought by
Radmer Kathaleen Rose
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Potluri Sridhar Babu $850,000 Chicago Title Company
Wato Road Llc -- Chicago Title Company
Giarrusso Dion Scott -- Lawyers Title
Giarrusso Dion -- Chicago Title
Giarrusso Dion $595,000 Chicago Title Company
Hermansen Charles R -- Chicago Title Co
Hermansen Charles R $200,000 Chicago Title Company
Lee Owen R $300,000 Accommodation
High Desert Falls Management Llc -- None Available
Bliz Properties Llc -- Accommodation
Cedar Creek Development Inc $150,000 Orange Coast Title Company
Velez Philip V $47,000 American Title
Radmer Kathaleen R -- --
Radmer Kathaleen Rose $21,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giarrusso Dion Scott $486,000
Previous Owner Giarrusso Dion $283,250
Previous Owner Hermansen Charles R $100,000
Previous Owner High Desert Falls Management Llc $82,500
Previous Owner Bliz Properties Llc $600,000
Previous Owner Velez Philip V $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $850,000 -5.6% $188 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $900,000 0.0% $199 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $900,000 -- $199 / 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 $10,430 $902,026 $180,405 $721,621
2024 $10,430 $884,340 $176,868 $707,472
2023 $10,335 $867,000 $173,400 $693,600
2022 $7,725 $850,000 $170,000 $680,000
2021 $7,550 $625,451 $78,838 $546,613
2020 $7,457 $619,038 $78,030 $541,008
2019 $7,319 $606,900 $76,500 $530,400
2018 $7,140 $595,000 $75,000 $520,000
2017 $4,792 $381,974 $53,052 $328,922
2016 $4,479 $374,485 $52,012 $322,473
2015 $4,412 $368,860 $51,231 $317,629
2014 $4,353 $361,634 $50,227 $311,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 537567

California Regional Multiple Listing Service (CRMLS)

APN: 0473-381-09