NOT LISTED FOR SALE

16687 Lynn St Unit A-C Victorville, CA 92395

Estimated Value: $502,119 - $657,000

6 Beds
3 Baths
2,886 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $475,000 $165 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,462/month

44 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2022

Excellent opportunity to purchase this triplex with separate electrical and gas meter, 2 bedrooms, 1 full bath with 1 car garage each with plenty of parking, fenced yards, views, Detached one car garage per unit, and all on a private cul-de-sac. 16683 Lynn is also available for sale

Last Agent to Sell the Property

Ricardo Acevedo

Acevedo Real Estate Professionals License #01812103 Listed on: 03/16/2022

Last Buyer's Agent

KENNETH FOUTZ

ABSOLUTE ADVANTAGE REALTY License #02090266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,827

Year Built

  • Built in 1958

Lot Details

  • 0.69 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,886 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 48
  • Tax Tract Number 3204
  • Assessor Parcel Number 0478083200000
  • $791 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $2,400
  • Water Sewer Expense $900
  • Operating Expense $4,600
  • Gross Income $99,240
  • Net Operating Income $2,487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,827

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 0478083200000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 164.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 30000.00
  • Lot Size Acres: 0.6887

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 99240.00
  • Gross Scheduled Income: 2870.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 30000.0000 Square Feet
  • Net Operating Income: 2487.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 383.00
  • Rent Control: No
  • Total Expenses: 4600.00

Tax Info

  • Tax Census Tract: 98.00
  • Tax Lot: 48
  • Tax Tract Number: 3204
  • TaxOtherAnnualAssessmentAmount: 791.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Sep 6, 2022
Sold by
Claasic Llc
Bought by
Foutz Kenneth and Foutz Anna
Seller's Agent
Ricardo Acevedo
Acevedo Real Estate Professionals
Buyer's Agent
KENNETH FOUTZ
ABSOLUTE ADVANTAGE REALTY
List Price
$479,900
Sold Price
$475,000
Premium/Discount to List
-$4,900
-1.02%
Views
7
Current Estimated Value
$565,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,780
Avg. Annual Appreciation
5.73%
Original Mortgage
$356,250
Outstanding Balance
$340,491
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$225,289

Purchase Details

Closed on
Feb 9, 2022
Sold by
Yin and Laura
Bought by
Claasic Llc

Purchase Details

Closed on
May 14, 2020
Sold by
Zgp Investments Llc
Bought by
Yin Sam and Yin Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2018
Sold by
Plasencia Zubin and Pugliese Zubin
Bought by
Plasencia Zubin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2007
Sold by
Hudson Don
Bought by
Pugliese Zubin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Groves Brett R
Bought by
Hudson Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Foutz Kenneth $475,000 Fidelity National Title
Claasic Llc $410,000 Fidelity National Title
Yin Sam $357,000 Wfg National Title Co Of Ca
Zgp Investments Llc -- Wfg National Title Co Of Ca
Plasencia Zubin -- Fidelity National Title Comp
Pugliese Zubin $258,000 First American Title
Hudson Don $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foutz Kenneth $356,250
Previous Owner Yin Sam $267,750
Previous Owner Plasencia Zubin $210,000
Previous Owner Pugliese Zubin $290,500
Previous Owner Hudson Don $140,000
Closed Hudson Don $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $475,000 -1.0% $165 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $479,900 -- $166 / 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 $5,827 $494,190 $98,838 $395,352
2024 $5,827 $484,500 $96,900 $387,600
2023 $5,770 $475,000 $95,000 $380,000
2022 $4,470 $367,913 $56,681 $311,232
2021 $4,389 $360,699 $55,570 $305,129
2020 $2,684 $221,000 $36,700 $184,300
2019 $2,450 $200,900 $33,400 $167,500
2018 $2,424 $182,700 $30,400 $152,300
2017 $2,255 $170,000 $28,300 $141,700
2016 $1,964 $147,800 $24,600 $123,200
2015 $1,721 $132,000 $22,000 $110,000
2014 $1,569 $120,000 $20,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22052484

California Regional Multiple Listing Service (CRMLS)

APN: 0478-083-20