NOT LISTED FOR SALE

1632 Orchid Ln Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $899,000 - $989,880

10 Beds
10 Baths
4,035 Sq Ft
$233/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $725,000 $180 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,898/month

6 Days on Market

Highlights

  • 0.35 Acre Lot
  • Central Air
  • Wood Siding

About This Home

As of January 2021

Fantastic Opportunity on this 4 Plex of Garden Town Homes built in 1990 in a Great Location in the City of Lancaster. All four two story units have been very well maintained. All units have Attached 2 Car Garages with Laundry Hook Ups.The front Unit is a 3 bedroom,2.5 bath. The middle 2 units are 2 bedroom,1.5 baths. The rearunit is a 3 bedroom,2.5 bath. Did I mention property is built in 1990 with Tile roof. Don'tmiss out this Rare Opportunity.

Last Agent to Sell the Property

Carlos Esparza

RE/MAX All-Pro License #01107588 Listed on: 11/13/2020

RE/MAX All-Pro

Last Buyer's Agent

Carlos Esparza

RE/MAX All-Pro License #01107588 Listed on: 11/13/2020

RE/MAX All-Pro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.35

Home Design

  • 4,035 Sq Ft Home
  • Tile Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Additional Features

  • 0.35 Acre Lot
  • Central Air

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3147-038-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions To Property: Ave J east to 17th st east left to Orchid Lane left to property.
  • Listing Member Name: Carlos J Esparza
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.97
  • Square Footage: 4035.00
  • Tract Suffix: Lane
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 187500.00
  • Total Bathrooms: 10.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Heat Pump

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.35
  • Zoning: LRR315UDP

Rental Info

  • Pet Deposit: 2%

Tax Info

  • Assessor Parcel Number: 3147-038-012

Multi Family

  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Garcia Luciano
Bought by
Garcia Luciano and Luciano Garcia Living Trust
Current Estimated Value
$938,970

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 21, 2015
Sold by
Garcia Evangelina
Bought by
Garcia Luciano
Seller's Agent
Fabian Terracciano
RE/MAX All-Pro
Buyer's Agent
Carlos Esparza
RE/MAX All-Pro
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$337,500
Outstanding Balance
$258,866
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$680,104

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 14, 2015
Sold by
Preschler Adelhiel Anna
Bought by
Garcia Luciano
Seller's Agent
Fabian Terracciano
RE/MAX All-Pro
Buyer's Agent
Carlos Esparza
RE/MAX All-Pro
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$258,866
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$680,104

Purchase Details

Closed on
Mar 6, 2013
Sold by
Preschler Adelheid Anna
Bought by
Preschler Adelheid Anna and Adelheid Anna Preschler Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Preschler Adelheid Anna and The Adelheid Preschler Living
Bought by
Preschler Adelheid Anna and The Adelheid Preschler Living Trust

Purchase Details

Closed on
Oct 5, 2007
Sold by
Preschler Adelheid Anna
Bought by
Preschler Adelheid Anna and Adelheid Preschler Living Trust

Purchase Details

Closed on
Jul 17, 2002
Sold by
Gibson James M and Greening Alice R
Bought by
Preschler Adelheid Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Luciano -- None Available
Garcia Luciano -- Fidelity
Garcia Luciano $475,000 Fidelity
Preschler Adelheid Anna -- Fidelity National Title Co
Preschler Adelheid Anna -- Fidelity National Title Co
Preschler Adelheid Anna -- Chicago Title Company
Preschler Adelheid Anna -- None Available
Preschler Adelheid Anna $275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Luciano $337,500
Previous Owner Preschler Adelheid Anna $168,000
Previous Owner Preschler Adelheid Anna $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $725,000 -3.3% $180 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $750,000 +57.9% $186 / Sq Ft
06/16/2015 06/16/15 Sold $475,000 -4.8% $118 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $499,000 -- $124 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $12,430 $784,760 $119,066 $665,694
2024 $11,909 $769,374 $116,732 $652,642
2023 $11,676 $754,290 $114,444 $639,846
2022 $11,455 $739,500 $112,200 $627,300
2021 $8,879 $527,399 $83,271 $444,128
2020 $8,781 $521,993 $82,418 $439,575
2019 $8,478 $511,758 $80,802 $430,956
2018 $7,870 $501,724 $79,218 $422,506
2016 $7,960 $482,243 $76,143 $406,100
2015 $6,180 $331,387 $60,247 $271,140
2014 $6,170 $324,896 $59,067 $265,829
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carlos Esparza

    RE/MAX

    Section Image
  • Fabian Terracciano

    Seller's Agent in 2015

    Fabian Terracciano

    RE/MAX

    (661) 209-1192

    9 in this area

    107 Total Sales

    Fabian Terracciano
    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 20009184

Greater Antelope Valley Association of REALTORS®

APN: 3147-038-012

California Los Angeles County Lancaster 93535 East Lancaster

1632 Orchid Ln, Lancaster, CA

Not Listed for Sale

MultiFamily

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