M
Seller's Agent in 2024
Mustafa Sultani
Mustafa Sultani Broker
(800) 244-6627
1 in this area
15 Total Sales
20217 Serrano Rd Unit 4 Apple Valley, CA 92307
High Desert NeighborhoodEstimated Value: $838,531 - $987,000
12
Beds
8
Baths
4,012
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- No HOA
- Ceramic Countertops
- Storage
- Living Room Balcony
- Laundry Room
- Tile Flooring
About This Home
As of May 2024Rare 4 unit complex in Apple Valley. All units are 3 bedroom / 2 bathroom. Just over 1100 sq ft for each unit. Each unit comes with open floor plan, fireplace, 1 car garage, patio and washer/dryer hookups. Low maintenance complex with each unit individually metered for water, gas and electric. Owner only pays trash cost at $284 per month. Great investment opportunity or live in one unit and collect rent to offset mortgage payments for easy qualification with only 3.5 % to 5% down payment programs. Property was updated 4 years ago and in good condition. Property to be sold “AS IS condition.
Last Agent to Sell the Property
Mustafa Sultani Broker License #01755273 Listed on: 04/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,218
Year Built
- Built in 1983
Lot Details
- 0.39 Acre Lot
- No Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Single Garage Door
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
- Asphalt Roof
Interior Spaces
- 4,012 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Storage
- Laundry Room
- Tile Flooring
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Ceramic Countertops
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Outdoor Features
- Living Room Balcony
- Exterior Lighting
Utilities
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 212
- Tax Tract Number 4112
- Assessor Parcel Number 0441221050000
- $1,221 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $3,500
- Trash Expense $3,420
- Operating Expense $6,920
- Gross Income $93,000
- Net Operating Income $89,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2024
Closed on
May 8, 2024
Sold by
Sultani Mustafa
Bought by
Elsayed Edy
Seller's Agent
Mustafa Sultani
Mustafa Sultani Broker
Buyer's Agent
Azhar Sabir
Shamoon Sikora, Broker
List Price
$925,000
Sold Price
$920,000
Premium/Discount to List
-$5,000
-0.54%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,367
Avg. Annual Appreciation
-0.66%
Original Mortgage
$552,000
Outstanding Balance
$544,578
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$367,055
Purchase Details
Closed on
Sep 17, 2020
Sold by
Sultani Nazifa Noori
Bought by
Sultani Mustafa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2020
Sold by
Stewart Cornel and Stewart Jeannette
Bought by
Sultani Mustafa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2017
Sold by
Acosta Diana
Bought by
Stewart Cornel and Stewart Jeannette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,736
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 12, 2013
Sold by
Acosta Rene
Bought by
Acosta Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,813
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 2, 2012
Sold by
Acosta Ambrosio
Bought by
Acosta Rene
Purchase Details
Closed on
Nov 15, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Acosta Ambrosio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,217
Interest Rate
3.88%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 28, 2011
Sold by
Ekanem Catherine
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Sep 27, 2005
Sold by
Mufti M Umair
Bought by
Ekanem Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,650
Interest Rate
7.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 6, 2005
Sold by
Keating Lindsay Christopher K
Bought by
Mufti M Umair
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 12, 2003
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2003
Sold by
High Desert Propertys
Bought by
Homotoff Stephen
Purchase Details
Closed on
Feb 18, 2003
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen
Purchase Details
Closed on
Sep 19, 2001
Sold by
Homotoff Stephen
Bought by
Homotoff Stephen and The Stephen Homotoff Living Tr
Purchase Details
Closed on
Oct 14, 1999
Sold by
Albedo Corp
Bought by
Pembritton
Purchase Details
Closed on
Aug 12, 1998
Sold by
Homotoff Stephen Daniel
Bought by
Albedo Corp
Purchase Details
Closed on
Aug 8, 1997
Sold by
Homotoff Brenda
Bought by
Homotoff Stephen D
Purchase Details
Closed on
Aug 7, 1997
Sold by
Great Western Bank
Bought by
Homotoff Stephen D
Purchase Details
Closed on
May 5, 1997
Sold by
Howarth Harold and Howarth Jacqueline C
Bought by
Great Western Bank Fsb
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elsayed Edy | $920,000 | Orange Coast Title Company | |
| Sultani Mustafa | -- | First American Title Company | |
| Sultani Mustafa | $570,000 | First American Title Company | |
| Stewart Cornel | $405,000 | Pacific Coast Title Company | |
| Acosta Diana | $253,000 | First American Title Company | |
| Acosta Rene | -- | First American Title Company | |
| Acosta Ambrosio | $153,500 | Placer Title Company | |
| Hsbc Bank Usa National Association | $150,000 | Lps Default Title & Closing | |
| Ekanem Catherine | $549,000 | Financial Title Co Sb | |
| Mufti M Umair | -- | Financial Title Co Sb | |
| Mufti M Umair | -- | Financial Title Co Sb | |
| Homotoff Stephen | -- | Ticor Title Co | |
| Homotoff Stephen | -- | -- | |
| High Desert Propertys | -- | -- | |
| High Desert Propertys | -- | -- | |
| Homotoff Stephen | -- | -- | |
| Homotoff Stephen | -- | -- | |
| Pembritton | -- | -- | |
| Albedo Corp | -- | -- | |
| Homotoff Stephen D | -- | Stewart Title Company | |
| Homotoff Stephen D | $85,000 | Stewart Title Company | |
| Great Western Bank Fsb | $85,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elsayed Edy | $552,000 | |
| Previous Owner | Sultani Mustafa | $427,500 | |
| Previous Owner | Stewart Cornel | $393,736 | |
| Previous Owner | Acosta Diana | $218,813 | |
| Previous Owner | Acosta Ambrosio | $149,217 | |
| Previous Owner | Ekanem Catherine | $466,650 | |
| Previous Owner | Mufti M Umair | $360,000 | |
| Previous Owner | Homotoff Stephen | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $920,000 | -0.5% | $229 / Sq Ft |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | For Sale | $925,000 | -- | $231 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,218 | $938,400 | $102,000 | $836,400 |
| 2024 | $7,218 | $604,888 | $31,836 | $573,052 |
| 2023 | $7,151 | $593,028 | $31,212 | $561,816 |
| 2022 | $7,042 | $581,400 | $30,600 | $550,800 |
| 2021 | $6,882 | $570,000 | $30,000 | $540,000 |
| 2020 | $6,226 | $429,789 | $21,224 | $408,565 |
| 2019 | $5,207 | $421,362 | $20,808 | $400,554 |
| 2018 | $5,080 | $413,100 | $20,400 | $392,700 |
| 2017 | $2,591 | $186,743 | $15,915 | $170,828 |
| 2016 | $2,316 | $183,081 | $15,603 | $167,478 |
| 2015 | $2,807 | $180,331 | $15,369 | $164,962 |
| 2014 | $2,249 | $254,149 | $20,091 | $234,058 |
Source: Public Records
Agents Affiliated with this Home
-
Mustafa Sultani
-
Azhar Sabir
Buyer's Agent in 2024
Azhar Sabir
Shamoon Sikora, Broker
(714) 448-4300
2 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24078239
APN: 0441-221-05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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