Seller's Agent in 2024
Bryen Wright
First Team Real Estate-HighDes
(760) 952-8326
54 in this area
133 Total Sales
16340 Quantico Rd Apple Valley, CA 92307
High Desert NeighborhoodEstimated Value: $867,000 - $946,000
4
Beds
2
Baths
4,088
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Private Yard
- Park
- Landscaped
- No HOA
- Laundry Room
- Bike Trail
About This Home
As of August 2024Rare opportunity to own quadruplex (4 Units with Garages) in highly sought after Desert Knolls neighborhood in Apple Valley, Ca. Immediate upside if you can manage yourself currently with professional management company costing ±$5,400 in annual expenses. The Operating Expenses and NOI include new property taxes at ±$900,000 and current insurance coverage. Neighborhood includes nearby St. Mary's Hospital, high end homes, offices, restaurants, banks, shopping, and much more. Within minutes of the I-15 Freeway. Units feature 2 Beds 1 Baths with living area and kitchen. Two units have been completely remodeled last year with the higher rents and the other two units are long term tenants. Great pro-forma potential in a growing market with highly anticipated High Speed Train to Las Vegas plus millions of sq ft of industrial buildings proposed in the North Apple Valley Industrial Specific Plan.
Last Agent to Sell the Property
First Team Real Estate-HighDes Brokerage Phone: 760-792-4224 License #01948664 Listed on: 05/22/2024
Last Buyer's Agent
First Team Real Estate-HighDes Brokerage Phone: 760-792-4224 License #01948664 Listed on: 05/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,017
Year Built
- Built in 1988
Lot Details
- 0.52 Acre Lot
- 1 Common Wall
- Landscaped
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Private Yard
Parking
- 8 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,088 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 197
- Tax Tract Number 7802
- Assessor Parcel Number 0473281030000
- $827 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Recreation
- Park
- Bike Trail
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $3,150
- Professional Management Expense $5,400
- Trash Expense $2,700
- Water Sewer Expense $1,200
- New Taxes Expense $10,000
- Operating Expense $22,450
- Gross Income $67,488
- Net Operating Income $45,038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Jun 26, 2024
Sold by
Brad And Debra Golden Family Trust and Golden Bradley D
Bought by
Ajayi Family Revocable Living Trust and Ajayi
Seller's Agent
Bryen Wright
First Team Real Estate-HighDes
Buyer's Agent
Bryen Wright
First Team Real Estate-HighDes
List Price
$900,000
Sold Price
$870,000
Premium/Discount to List
-$30,000
-3.33%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,728
Avg. Annual Appreciation
3.66%
Purchase Details
Closed on
Dec 3, 2007
Sold by
Golden Bradley D and Golden Debra J
Bought by
Golden Bradley D and Golden Debra J
Purchase Details
Closed on
Jun 6, 2001
Sold by
Washington Mutual Bank Fa
Bought by
Golden Bradley D and Golden Debra J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.09%
Purchase Details
Closed on
Jan 12, 2001
Sold by
Soave Sam and Soave Donna J
Bought by
Washington Mutual Bank Fa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ajayi Family Revocable Living Trust | $870,000 | Fidelity National Title | |
| Golden Bradley D | -- | None Available | |
| Golden Bradley D | $152,000 | Fidelity National Title Co | |
| Washington Mutual Bank Fa | $110,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Golden Bradley D | $121,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $870,000 | -3.3% | $213 / Sq Ft |
| 06/09/2024 06/09/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | For Sale | $900,000 | -- | $220 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,017 | $870,000 | $175,000 | $695,000 |
| 2024 | $3,017 | $220,148 | $28,967 | $191,181 |
| 2023 | $2,985 | $215,831 | $28,399 | $187,432 |
| 2022 | $2,938 | $211,599 | $27,842 | $183,757 |
| 2021 | $2,872 | $207,450 | $27,296 | $180,154 |
| 2020 | $2,835 | $205,323 | $27,016 | $178,307 |
| 2019 | $2,782 | $201,297 | $26,486 | $174,811 |
| 2018 | $2,716 | $197,350 | $25,967 | $171,383 |
| 2017 | $2,676 | $193,481 | $25,458 | $168,023 |
| 2016 | $2,400 | $189,687 | $24,959 | $164,728 |
| 2015 | $2,363 | $186,838 | $24,584 | $162,254 |
| 2014 | $2,331 | $183,178 | $24,102 | $159,076 |
Source: Public Records
Agents Affiliated with this Home
-
Bryen Wright
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: HD24102854
APN: 0473-281-03
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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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