NOT LISTED FOR SALE

Estimated Value: $837,000 - $877,000

2 Beds
2 Baths
4,208 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $237,000 $56 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $5,045/month

8 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of April 2015

THIS 4-PLEX WILL SELL FAST!! Great investment opportunity! CASH ONLY SALE!! This property is in a need of repairs. One of the unit has been vandalize badly. Motivated seller priced accordingly based on current condition. Town home style, Quadruplex or 4 units located in Apple Valley. Each unit has about 1100 SQFT of living space with spacious 2 bedrooms and 2 baths, fireplaces in living room, patio, large fenced yard, garages and indoor laundry room. Conveniently located near Super Target, Walmart, and Albertson Shopping center. Commuter friendly area near HWY-18. Located in a nicer neighborhood and surround by newer custom built houses. Nice view of the mountains and valley from the front and back. Tenants occupied property, please do not disturb tenants. Must write an offer subject to interior inspection before being able to view the property. Call now for more details.

Last Agent to Sell the Property

Mohammad Alam

ALAM REALTY License #01457818 Listed on: 03/26/2015

Last Buyer's Agent

DAVID AGUIRRE JR.

DAVID AGUIRRE JR., BROKER License #01862072

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1991

Lot Details

  • 0.68 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,208 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 445
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441095030000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $2,600
  • Net Operating Income $26,200

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0441095030000
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 56.32

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 6-10 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29600.00
  • Lot Size Acres: 0.6800

Multi Family

  • Average2 Bed Area: 1092
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 29600.0000 Square Feet
  • Net Operating Income: 26200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 445
  • Tax Tract Number: 4287
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Msh Corporation Services
Bought by
Sanchez Jose G
Current Estimated Value
$855,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$336,991
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$518,207

Purchase Details

Closed on
Jun 21, 2018
Sold by
Empire Construction Development Services
Bought by
Msh Corporation Services

Purchase Details

Listed on
Mar 26, 2015
Closed on
Apr 16, 2015
Sold by
Hardin Don W
Bought by
Empire Construction Development Service
Seller's Agent
Mohammad Alam
ALAM REALTY
Buyer's Agent
DAVID AGUIRRE JR.
DAVID AGUIRRE JR., BROKER
List Price
$235,000
Sold Price
$237,000
Premium/Discount to List
$2,000
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$188,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hui Paul S
Bought by
Hardin Don W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,513
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2000
Sold by
Chu April
Bought by
Hui Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 1, 2000
Sold by
Reza Richard and Reza Alice Jean
Bought by
Hui Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.96%

Purchase Details

Closed on
Jun 27, 1998
Sold by
Hud
Bought by
Reza Richard and Reza Alice Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.93%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Williams Gary Gault and Countrywide Home Loans Inc
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Aug 1, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jun 10, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Williams Gary Gault

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,926
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1996
Sold by
Williams Odalie
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 28, 1992
Sold by
Williams Odalie M
Bought by
Williams Odalie M and Lee Harold D
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
Sanchez Jose G $510,000 First American Title Company
Msh Corporation Services -- Orange Coast Title Company
Empire Construction Development Service $237,000 Chicago Title Company
Hardin Don W $159,000 First American Title Ins Co
Hui Paul S -- First American Title Ins Co
Hui Paul S $125,000 First American Title Ins Co
Reza Richard $87,000 Lawyers Title Company
Countrywide Home Loans Inc $82,799 Landsafe Title
Hud -- Landsafe Title
Williams Gary Gault $74,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $139,000 Continental Lawyers Title Co
Williams Odalie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jose G $382,500
Previous Owner Empire Construction Development Service $188,000
Previous Owner Hardin Don W $156,513
Previous Owner Hui Paul S $100,000
Previous Owner Reza Richard $54,000
Previous Owner Williams Gary Gault $73,926
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2015 04/29/15 Sold $237,000 +0.9% $56 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $235,000 -- $56 / 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 $6,717 $568,915 $44,621 $524,294
2024 $6,717 $557,760 $43,746 $514,014
2023 $6,654 $546,823 $42,888 $503,935
2022 $6,553 $536,101 $42,047 $494,054
2021 $6,404 $525,590 $41,223 $484,367
2020 $6,325 $520,200 $40,800 $479,400
2019 $6,208 $255,343 $37,709 $217,634
2018 $3,310 $250,337 $36,970 $213,367
2017 $3,263 $245,428 $36,245 $209,183
2016 $2,976 $240,615 $35,534 $205,081
2015 $6,770 $195,442 $14,749 $180,693
2014 -- $191,613 $14,460 $177,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15066757

California Regional Multiple Listing Service (CRMLS)

APN: 0441-095-03