NOT LISTED FOR SALE

Estimated Value: $695,617 - $952,000

9 Beds
8 Baths
4,553 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $497,000 $109 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,565/month

42 Days on Market

Highlights

  • 0.36 Acre Lot
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of June 2017

Fantastic Opportunity on this 4 Plex of Garden Town Homes built in 1988 in a good Location in the City of Lancaster. Units have been well maintained. All units have Attached 2 Car Garages with Laundry Hook Ups. The first unit is a 3 bedroom, 2.5 bath. The middle 2 units are 2 bedroom, 1.5 baths. The rear unit is a 2 bedroom, 2 bath. Don't miss out this Rare Opportunity. Please do not disturb tenants.

Last Agent to Sell the Property

Kent Steffes

Meterra, Inc. License #01015371 Listed on: 04/21/2017

Meterra, Inc.

Last Buyer's Agent

Elias Saleh

Preferred Real Estate and Investments Inc. License #01343666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,709

Year Built

  • Built in 1988

Lot Details

  • 0.36

Home Design

  • 4,553 Sq Ft Home
  • Tile Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Additional Features

  • 0.36 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3148-035-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,709

Year Built

Built in 1988

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: 20th St E to J10 W to property.
  • Income Producing: Yes
  • Listing Member Name: Kent Steffes
  • Listing Office Short Id: 2311
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220332223037000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 97092
  • Selling Office Short Id: 1214
  • Sp Percent Lp: 0.90
  • Square Footage: 4553.00
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 137500.00
  • Total Bathrooms: 8.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.36
  • Zoning: LRRA7500

Rental Info

  • Pet Deposit: 7500

Tax Info

  • Assessor Parcel Number: 3148-035-009

Multi Family

  • Number2 Bedroom Units: 3.00
  • Number3 Bedroom Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Saleh Elias and Saleh Sana
Bought by
Saleh Family Revocable Trust and Saleh
Current Estimated Value
$864,654

Purchase Details

Closed on
Jan 2, 2021
Sold by
Nimier Alexander M
Bought by
Saleh Elias and Saleh Sana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 13, 2017
Sold by
Kentjoe Llc
Bought by
Nimier Alexander M
Seller's Agent
Kent Steffes
Meterra, Inc.
Buyer's Agent
Elias Saleh
Preferred Real Estate and Investments Inc.
List Price
$550,000
Sold Price
$497,000
Premium/Discount to List
-$53,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
May 1, 2012
Sold by
Childs Joe R and Childs Donna B
Bought by
Kent Joe Llc

Purchase Details

Closed on
Oct 28, 2010
Sold by
Kentjoe Llc
Bought by
Childs Joseph R and Childs Donna B

Purchase Details

Closed on
May 1, 2009
Sold by
Childs Joseph R
Bought by
Kentjoe Llc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Childs Donna B
Bought by
Childs Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2008
Sold by
Lasalle Bank Na
Bought by
Childs Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
Alexander Richard D and Brown Amara Lakeem
Bought by
Lasalle Bank Na and Bearstearns Asset Backed Securities I Ll

Purchase Details

Closed on
Feb 9, 2004
Sold by
Shearer Robert K and Shearer Colleen S
Bought by
Alexander Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.72%
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
Saleh Family Revocable Trust -- None Listed On Document
Saleh Elias $515,000 Progressive Title
Nimier Alexander M $497,000 Wfg National Title Company
Kent Joe Llc $64,000 None Available
Childs Joseph R -- Accommodation
Kentjoe Llc $94,000 None Available
Childs Joseph R -- Lsi Title
Childs Joseph R $375,000 Lsi Title
Lasalle Bank Na $493,313 None Available
Alexander Richard D $520,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saleh Elias $386,250
Previous Owner Childs Joseph R $281,250
Previous Owner Alexander Richard D $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $497,000 -9.6% $109 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $550,000 -- $121 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $11,709 $779,348 $119,066 $660,282
2024 $11,709 $764,068 $116,732 $647,336
2023 $11,477 $749,088 $114,444 $634,644
2022 $11,266 $734,400 $112,200 $622,200
2021 $8,824 $532,882 $82,558 $450,324
2020 $8,727 $527,419 $81,712 $445,707
2019 $8,577 $517,078 $80,110 $436,968
2018 $8,429 $506,940 $78,540 $428,400
2016 $5,313 $260,056 $39,007 $221,049
2015 $5,255 $256,151 $38,422 $217,729
2014 $5,186 $251,134 $37,670 $213,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17003649

Greater Antelope Valley Association of REALTORS®

APN: 3148-035-009