NOT LISTED FOR SALE

18146 Casaba Rd Adelanto, CA 92301

Estimated Value: $458,156 - $667,000

8 Beds
4 Baths
3,312 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $185,000 $56 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,387/month

206 Days on Market

Highlights

  • Desert View
  • Living Room
  • Tile Flooring
  • No HOA
  • Laundry Room

About This Home

As of January 2016

4 plex in heart of Adelanto. Walk to stores. good rental history. 2 story units with 2 bedrooms, 1.5 baths each. 4 covered carports for parking. fenced rear yard areas. some updating done. newer roof (2010), windows & 2 AC units. good investment property. laundry area in each unit.

Last Agent to Sell the Property

Donna Barnes

BARNES REAL ESTATE License #01055271 Listed on: 12/31/2015

Last Buyer's Agent

Bi Chen

Pinnacle Real Estate Group License #01255894

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 8,235 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Desert Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 50
  • Tax Tract Number 7521
  • Assessor Parcel Number 0459315060000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,403
  • Pest Control $960
  • Trash Expense $1,738
  • Water Sewer Expense $3,480
  • New Taxes Expense $622
  • Gross Income $2,400
  • Net Operating Income $15,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3480.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0459315060000
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 55.86
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • Foundation: Slab
  • View: Desert
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Phone Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Pest Control Expense: 960.00
  • Trash Expense: 1738.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8235.00
  • Price Per Lot Square Foot: 22.47
  • Lot Size Acres: 0.1890

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 828
  • Gross Income: 2400.00
  • Gross Scheduled Income: 23447.00
  • Insurance Expense: 1403.00
  • Lot Size Area: 8235.0000 Square Feet
  • Net Operating Income: 15244.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 8203.00
  • Rent Control: No
  • Total Actual Rent: 1750.00
  • Vacancy Allowance: 25

Tax Info

  • New Taxes Expense: 622.00
  • Tax Lot: 50
  • Tax Tract Number: 7521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2015
Closed on
Dec 14, 2015
Sold by
A & T Smith Properties Llp
Bought by
A & T Smith Properties Llc
Seller's Agent
Donna Barnes
BARNES REAL ESTATE
Buyer's Agent
Bi Chen
Pinnacle Real Estate Group
List Price
$199,999
Sold Price
$185,000
Premium/Discount to List
-$14,999
-7.5%
Current Estimated Value
$584,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,539
Avg. Annual Appreciation
12.75%
Original Mortgage
$111,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 31, 2015
Closed on
Nov 30, 2015
Sold by
A & T Smith Properties Llp
Bought by
A & T Smith Properties Llc
Seller's Agent
Donna Barnes
BARNES REAL ESTATE
Buyer's Agent
Bi Chen
Pinnacle Real Estate Group
List Price
$199,999
Sold Price
$185,000
Premium/Discount to List
-$14,999
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 24, 2015
Sold by
A & T Smith Properties Llc
Bought by
Zhao Jian H and Zhao Xiuling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2009
Sold by
Wells Fargo Bank Na
Bought by
A & T Smith Properties Llp

Purchase Details

Closed on
Aug 14, 2008
Sold by
Nelson Larry and Nelson Annette
Bought by
Wells Fargo Bank Na and Mastr Asset Backed Securities Trust 2007

Purchase Details

Closed on
Jan 31, 2007
Sold by
Nelson Annette and Nelson Larry
Bought by
Nelson Larry and Nelson Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
9.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Nelson Larry
Bought by
Nelson Larry and Nelson Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
9.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Nelson Annette and Nelson Larry
Bought by
18148 Casaba Road Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Nelson Annette
Bought by
Nelson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Nelson Larry
Bought by
Nelson Annette and Nelson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,875
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2000
Sold by
Creative Investment Network
Bought by
Nelson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,815
Interest Rate
8.26%

Purchase Details

Closed on
Jan 18, 2000
Sold by
Grove Maureen Rose
Bought by
Grove Larry Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,815
Interest Rate
8.26%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Grove Larry Daniel
Bought by
Creative Investment Network

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,815
Interest Rate
8.26%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Bond Bond William H William H
Bought by
Grove Larry Daniel

Purchase Details

Closed on
May 22, 1997
Sold by
Mojave Rental Assn
Bought by
Bond William H and William H & Betty J Bond 1990

Purchase Details

Closed on
Nov 1, 1996
Sold by
Mojave Rental Association
Bought by
Colton David G and Colton Christy

Purchase Details

Closed on
Feb 5, 1996
Sold by
Bank United Of Texas Fsb
Bought by
Mojave Rental Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.04%

Purchase Details

Closed on
Oct 4, 1995
Sold by
Alliance Mtg Company
Bought by
Bank United Of Texas Fsb

Purchase Details

Closed on
Aug 19, 1994
Sold by
Fisher Paul E and Fisher Jean S
Bought by
Alliance Mtg Company and Charter Mtg Company Of Florida
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
A & T Smith Properties Llc -- Accommodation
A & T Smith Properties Llc -- Accommodation
Zhao Jian H $185,000 Stewart Title Of Ca Inc
A & T Smith Properties Llp $90,000 Landsafe Title
Wells Fargo Bank Na $168,000 Landsafe
Nelson Larry -- Lawyers
Nelson Larry -- Lawyers Title Co
18148 Casaba Road Trust -- None Available
Nelson Larry -- Investors Title Co Newportbc
Nelson Annette -- First American
Nelson Larry $120,000 Chicago Title Co
Nelson Larry -- Chicago Title Co
Grove Larry Daniel -- Chicago Title Co
Creative Investment Network $29,000 Chicago Title Co
Grove Larry Daniel -- Fidelity National Title Ins
Bond William H $77,557 Chicago Title Co
Colton David G -- --
Mojave Rental Assn $33,000 Chicago Title Co
Bank United Of Texas Fsb -- Chicago Title Co
Alliance Mtg Company $79,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhao Jian H $111,000
Previous Owner Nelson Larry $405,000
Previous Owner Nelson Larry $326,250
Previous Owner Nelson Larry $262,500
Previous Owner Nelson Annette $165,875
Previous Owner Nelson Larry $110,815
Previous Owner Creative Investment Network $45,000
Previous Owner Mojave Rental Assn $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $185,000 -7.5% $56 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
06/12/2015 06/12/15 For Sale $199,999 -- $60 / 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 $2,423 $219,000 $23,674 $195,326
2024 $2,423 $214,706 $23,210 $191,496
2023 $2,400 $210,496 $22,755 $187,741
2022 $2,356 $206,369 $22,309 $184,060
2021 $2,495 $202,323 $21,872 $180,451
2020 $2,449 $200,249 $21,648 $178,601
2019 $2,433 $196,323 $21,224 $175,099
2018 $2,460 $192,474 $20,808 $171,666
2017 $2,388 $188,700 $20,400 $168,300
2016 $2,342 $185,000 $20,000 $165,000
2015 $1,193 $96,325 $10,714 $85,611
2014 $1,182 $94,438 $10,504 $83,934
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: IV15131073

California Regional Multiple Listing Service (CRMLS)

APN: 0459-315-06