NOT LISTED FOR SALE

20217 Serrano Rd Unit 4 Apple Valley, CA 92307

High Desert Neighborhood

Estimated Value: $828,000 - $905,000

12 Beds
8 Baths
4,012 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2024

Last sale price $920,000 $229 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,578 / mo

4 Days on Market

Highlights

  • No HOA
  • Ceramic Countertops
  • Storage
  • Living Room Balcony
  • Laundry Room
  • Tile Flooring

About This Home

As of May 2024

Rare 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

Mustafa Sultani Broker License #01755273 Listed on: 04/19/2024

Last Buyer's Agent

Azhar Sabir

Shamoon Sikora, Broker License #01346363

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 17,000 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.39 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0441221050000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Living Room Balcony, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 229.31
  • Room Type: All Bedrooms Down, Laundry, Living Room

Exterior Features

  • Exterior Features: Balcony
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 3420.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 17000.00
  • Lot Size Acres: 0.3903

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1103 Square Feet
  • Gross Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 17000.0000 Square Feet
  • Net Operating Income: 89000.00
  • 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: 3420.00
  • Rent Control: No
  • Total Expenses: 6920.00

Tax Info

  • Tax Census Tract: 97.27
  • Tax Lot: 212
  • Tax Tract Number: 4112
  • TaxOtherAnnualAssessmentAmount: 1221.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 8, 2024
Sold by
Bought by
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
$857,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,363
Avg. Annual Appreciation
-3.37%
Original Mortgage
$552,000
Outstanding Balance
$544,578
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$313,059

Purchase Details

Closed on
Sep 17, 2020
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Nov 15, 2011
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Feb 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 1997
Sold by
Bought by

Purchase Details

Closed on
May 5, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$920,000 Orange Coast Title Company
-- First American Title Company
$570,000 First American Title Company
$405,000 Pacific Coast Title Company
$253,000 First American Title Company
-- First American Title Company
$153,500 Placer Title Company
$150,000 Lps Default Title & Closing
$549,000 Financial Title Co Sb
-- Financial Title Co Sb
-- Financial Title Co Sb
-- Ticor Title Co
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- Stewart Title Company
$85,000 Stewart Title Company
$85,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $552,000
Previous Owner $427,500
Previous Owner $393,736
Previous Owner $218,813
Previous Owner $149,217
Previous Owner $466,650
Previous Owner $360,000
Previous Owner $156,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,188 $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

  • M

    Seller's Agent in 2024

    Mustafa Sultani

    Mustafa Sultani Broker

    Section Image
  • Azhar Sabir

    Buyer's Agent in 2024

    Azhar Sabir

    Shamoon Sikora, Broker

    (714) 448-4300

    2 in this area

    28 Total Sales

    Azhar Sabir
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24078239

California Regional Multiple Listing Service (CRMLS)

APN: 0441-221-05

California San Bernardino County Apple Valley 92307 High Desert

20217 Serrano Rd Unit 4, Apple Valley, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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