NOT LISTED FOR SALE

1817 E Avenue j10 Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $690,415 - $1,013,000

9 Beds
8 Baths
4,553 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 16, 2017

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

Est. 79% increase in value since last sale

Current estimated payment $5,678/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

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

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
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • 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

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%
Current Estimated Value
$891,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,354
Avg. Annual Appreciation
7.06%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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 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 $12,262 $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

  • Kent Steffes

    Seller's Agent in 2017

    Kent Steffes

    Meterra, Inc.

    (661) 713-1366

    6 in this area

    67 Total Sales

    Kent Steffes
    Section Image

  • E

    Buyer's Agent in 2017

    Elias Saleh

    Preferred Real Estate and Investments Inc.

    (818) 620-2999

    Elias Saleh
    Section Image
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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

California Los Angeles County Lancaster 93535 East Lancaster

1817 E Avenue j10, Lancaster, CA

Not Listed for Sale

MultiFamily

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