NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,179,000

8 Beds
8 Baths
4,572 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $625,000 $137 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,206/month

32 Days on Market

About This Home

As of June 2018

EXCELLENT INVESTMENT OPPORTUNITY... Quadruplex in great condition, well maintained. Located in the very desirable neighborhood of Desert Knolls in Apple Valley. These four 2 bedroom 1.5 bath units are fully occupied with reliable long-term tenants. Each unit features, attached garage, laundry hook-ups, new tile flooring, 2 story floor plan with private balconies. DON'T MISS OUT ON THIS GREAT INVESTMENT!

Last Agent to Sell the Property

Sandra Garcia

REALTY ONE GROUP EMPIRE License #01954958 Listed on: 04/02/2018

REALTY ONE GROUP EMPIRE

Last Buyer's Agent

Helen Bartkowski

FIRST TEAM REAL ESTATE License #00953350

FIRST TEAM REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,277

Year Built

  • Built in 1986

Lot Details

  • 0.44 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,572 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 219
  • Tax Tract Number 7802
  • Assessor Parcel Number 0473322100000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,277

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0473322100000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 136.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19319.00

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 3800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Other Expense Description: Verify
  • Rent Control: No

Tax Info

  • Tax Census Tract: 121.01
  • Tax Lot: 219
  • Tax Tract Number: 7802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Apr 23, 2018
Sold by
Jackson Terry W
Bought by
Tong Cheng and Ma Chi
Seller's Agent
Sandra Garcia
REALTY ONE GROUP EMPIRE
Buyer's Agent
Helen Bartkowski
FIRST TEAM REAL ESTATE
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$1,051,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,802
Avg. Annual Appreciation
7.28%
Original Mortgage
$461,250
Outstanding Balance
$396,298
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$655,504

Purchase Details

Closed on
Nov 13, 2006
Sold by
Wilson James A
Bought by
Jackson Terry and Warner Karon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Jean Adam Martin G
Bought by
Wilson James A and Bennett Kimberley
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tong Cheng $625,000 Fidelity National Title Comp
Jackson Terry $635,000 Investors Title
Wilson James A -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Cheng $461,250
Previous Owner Jackson Terry $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $625,000 -3.8% $137 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $650,000 -- $142 / 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 $8,277 $711,142 $79,648 $631,494
2024 $8,277 $697,198 $78,086 $619,112
2023 $8,201 $683,528 $76,555 $606,973
2022 $8,076 $670,126 $75,054 $595,072
2021 $7,892 $656,986 $73,582 $583,404
2020 $7,796 $650,250 $72,828 $577,422
2019 $7,652 $637,500 $71,400 $566,100
2018 $7,063 $590,000 $55,000 $535,000
2017 $5,588 $452,800 $64,700 $388,100
2016 $5,119 $431,200 $61,600 $369,600
2015 $4,595 $385,000 $55,000 $330,000
2014 $4,223 $350,000 $50,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18075304

California Regional Multiple Listing Service (CRMLS)

APN: 0473-322-10