$160,000
SOLD OCT 12, 2012
-- Bed
-- Bath
1,929 Sq Ft
0.47 Acres

Recently Sold

$83 Per Sq Ft

About This Home

As of December 2015

Not REO and Not Short sale. Great Rental Income properties in West Lancaster. New paint inside and out, new carpet, new landscaping. Each house has 2 bedrooms and 1 bathroom with total sqft of 1,929. Currently occupied by wonderful tenants, much potential for short term and long term investmnet, ready to be sold!

Last Agent to Sell the Property

Edward Markosyan

Real Estate Professionals of AV License #01369360 Listed on: 10/02/2012

Last Buyer's Agent

Edward Markosyan

Real Estate Professionals of AV License #01369360 Listed on: 10/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1965

Lot Details

  • 0.47 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • 1,929 Sq Ft Home

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 14728
  • Assessor Parcel Number 3125002023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $50
  • Water Sewer Expense $1,440
  • New Taxes Expense $5,522
  • Gross Income $2,100
  • Net Operating Income $1,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,324

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 3125002023
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 82.94

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Lot Info

  • Lot Size Sq Ft: 20404.00
  • Lot Size Acres: 0.4680

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2100.00
  • Insurance Expense: 50.00
  • Lot Size Area: 20404.0000 Square Feet
  • Net Operating Income: 1980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 120.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5522.00
  • Tax Lot: 57
  • Tax Tract Number: 14728
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jan 14, 2016
Sold by
Conner Caleb C and Conner Lisa K
Bought by
Caleb & Lisa Conner Revocable Trust
Seller's Agent
Kendra Kuhnhofer
Kuhnhofer Properties Inc.
Buyer's Agent
Kathy Terry
RE/MAX All-Pro
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$508,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,628
Avg. Annual Appreciation
8.07%

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 22, 2015
Sold by
Conner Lisa
Bought by
Conner Caleb
Seller's Agent
Kendra Kuhnhofer
Kuhnhofer Properties Inc.
Buyer's Agent
Kathy Terry
RE/MAX All-Pro
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$65,574
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$424,328

Purchase Details

Closed on
Oct 5, 2015
Sold by
Donnel Mark C
Bought by
Conner Caleb and Conner Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$65,574
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$424,328

Purchase Details

Listed on
Jul 17, 2012
Closed on
Oct 26, 2012
Sold by
Davoudi Janet C
Bought by
Donnel Mark C
Seller's Agent
Cesar Rivera
2000 Realty Group
Buyer's Agent
Kenneth Sulawske
Quartz Hill Real Estate
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$120,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2012
Closed on
Oct 5, 2012
Sold by
Donnel Mariah E
Bought by
Donnel Mark C
Seller's Agent
Cesar Rivera
2000 Realty Group
Buyer's Agent
Kenneth Sulawske
Quartz Hill Real Estate
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2011
Closed on
Mar 2, 2012
Sold by
Serobyan Gohar
Bought by
Davoudi Janef C
Seller's Agent
John Manry
Century 21 Doug Anderson
Buyer's Agent
Cesar Rivera
2000 Realty Group
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.33%

Purchase Details

Closed on
Dec 30, 2011
Sold by
The Bank Of New York Mellon
Bought by
Davoudi Janef C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
San Vicente Maria Estela
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 13, 2007
Sold by
San Vicente Sergio
Bought by
San Vicente Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
San Vi Group
Bought by
San Vicente Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
San Vicente David
Bought by
San Vi Group

Purchase Details

Closed on
Jan 7, 2005
Sold by
Sanvicente Lorena
Bought by
Sanvicente David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2004
Sold by
Fasheh Michael and Fasheh Marina
Bought by
Sanvicente David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Cowles Frances S and The Cowles Family Trust
Bought by
Fasheh Michael and Fasheh Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2000
Sold by
Cowles Dolph S and Cowles Frances S
Bought by
Cowles Dolph S and Cowles Frances S
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed $222,500 First American Title
Grant Deed $160,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Landsafe Title Simi Valley
Grant Deed $125,000 Landsafe Title Simi Valley
Trustee Deed $117,000 None Available
Interfamily Deed Transfer -- Southland Title Company
Grant Deed -- Accommodation
Grant Deed -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $355,000 Chicago Title Co
Grant Deed $260,000 Chicago Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $86,250 New Conventional
Previous Owner $344,000 New Conventional
Previous Owner $337,250 Purchase Money Mortgage
Previous Owner $234,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $230,000 +2.2% $119 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $225,000 +40.6% $117 / Sq Ft
11/09/2012 11/09/12 Sold $160,000 0.0% $83 / Sq Ft
10/12/2012 10/12/12 Sold $160,000 -11.1% $83 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
08/02/2012 08/02/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $180,000 +56.5% $93 / Sq Ft
03/30/2012 03/30/12 Sold $115,000 -14.8% $60 / Sq Ft
12/20/2011 12/20/11 Pending -- -- --
08/08/2011 08/08/11 For Sale $135,000 -- $70 / 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 $4,324 $263,385 $52,673 $210,712
2024 $4,324 $258,222 $51,641 $206,581
2023 $4,243 $253,160 $50,629 $202,531
2022 $4,167 $248,197 $49,637 $198,560
2021 $4,095 $243,331 $48,664 $194,667
2020 $4,051 $240,837 $48,166 $192,671
2019 $3,976 $236,116 $47,222 $188,894
2018 $3,911 $231,488 $46,297 $185,191
2016 $3,709 $222,500 $44,500 $178,000
2015 $3,231 $182,378 $27,663 $154,715
2014 $3,222 $178,807 $27,122 $151,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12090036

California Regional Multiple Listing Service (CRMLS)

APN: 3125-002-023