NOT LISTED FOR SALE

Estimated Value: $664,485 - $846,000

8 Beds
4 Baths
3,960 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $580,000 $146 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,580/month

3 Days on Market

Highlights

  • No HOA
  • 8 Car Attached Garage
  • Central Air
  • Fireplace
  • Laundry Room

About This Home

As of October 2021

Presenting 20209 Otoe Road, a 1984 Built four (4) unit apartment in Apple Valley. The property consists of desirable single-story two-bedroom, one-bath units that come with two-car garage parking. Tenants enjoy a private fenced back yard and comforting floorplans with interior fireplaces.
The property sits on a large half-acre lot and contains two separate stand-alone structures for added tenant comfort. 20209 Otoe Road is perfect for an owner-user, a seasoned investor, or a new investor looking to acquire a property and start their investment portfolio. Investors have the opportunity to purchase this property at only $145 per square foot, which is well below today's replacement costs. Also, expenses are reduced since the tenants pay for most utilities. The property is near the Apple Valley Commons shopping center, featuring notable retailers and restaurants such as Target, Dollar Tree, Ross, Well Fargo, Alberton's, Panda Express, Denny's, and the Apple Valley Golf Course. Don't miss out on this rare find!

Last Agent to Sell the Property

DAISY DE LA PARRA

HAUS OF REAL ESTATE License #02028188 Listed on: 09/17/2021

Last Buyer's Agent

DAISY DE LA PARRA

HAUS OF REAL ESTATE License #02028188 Listed on: 09/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Attached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,960 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 8 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 333
  • Tax Tract Number 4287
  • Assessor Parcel Number 0441093030000
  • $872 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,236

Year Built

Built in 1984

Lot Details

0

Parking

8

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 0441093030000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3960.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 8
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 8
  • Price Per Square Foot: 146.46
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Apple Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21875.00
  • Lot Size Acres: 0.5022

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21875.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 97.16
  • Tax Lot: 333
  • Tax Tract Number: 4287
  • TaxOtherAnnualAssessmentAmount: 872.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Yang Min K and Yang Randy K
Bought by
Avanston Llc
Current Estimated Value
$758,371

Purchase Details

Listed on
Sep 17, 2021
Closed on
Sep 24, 2021
Sold by
Lopez Edward Albert and Lopez Carmen
Bought by
Yang Min and Mills Randy K
Seller's Agent
DAISY DE LA PARRA
HAUS OF REAL ESTATE
Buyer's Agent
DAISY DE LA PARRA
HAUS OF REAL ESTATE
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$406,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2014
Sold by
Scorcia Rosalia
Bought by
Lopez Edward Albert and Lopez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1997
Sold by
Scorcia Rosalia
Bought by
The Rosalia Scorcia Living Trust
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
Avanston Llc -- --
Yang Min $580,000 Orange Coast Title
Lopez Edward Albert $260,000 Chicago Title Company
The Rosalia Scorcia Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Min $406,000
Previous Owner Lopez Edward Albert $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $580,000 +0.9% $146 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $575,000 +121.2% $145 / Sq Ft
04/18/2014 04/18/14 Sold $260,000 -3.7% $66 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $270,000 -- $68 / 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 $7,236 $615,500 $63,672 $551,828
2024 $7,236 $603,432 $62,424 $541,008
2023 $7,169 $591,600 $61,200 $530,400
2022 $3,923 $300,341 $28,879 $271,462
2021 $3,835 $294,452 $28,313 $266,139
2020 $3,786 $291,433 $28,023 $263,410
2019 $3,716 $285,719 $27,474 $258,245
2018 $3,626 $280,116 $26,935 $253,181
2017 $3,575 $274,624 $26,407 $248,217
2016 $3,283 $269,239 $25,889 $243,350
2015 -- $247,646 $27,709 $219,937
2014 $3,000 $242,795 $27,166 $215,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21206138

California Regional Multiple Listing Service (CRMLS)

APN: 0441-093-03