NOT LISTED FOR SALE

Estimated Value: $660,938 - $784,000

4 Beds
4 Baths
3,584 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $400,000 $112 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,136/month

32 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Living Room
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2018

This is a VERY well-maintained 100% occupied stable income property located Quadruplex in Apple Valley! The property consists of 4 units, each unit features two-bedrooms and two-bathrooms, along with a detached garage. There is plenty of additional parking available for the tenants and their guests. Inside features tile flooring the kitchen with carpeted flooring in the living room and bedrooms, baseboard molding and ample number of windows through-out the home bringing in plenty of natural lighting. are spacious with lots of closest/storage space. Located near the Civic Center Park, shopping centers and easy access to the Happy Trails 18 highways!Easy to manage income producing property with a CAP Rate over 6%!!

Last Agent to Sell the Property

Henry Hill

TXR Homes inc. License #01946917 Listed on: 04/30/2018

Last Buyer's Agent

Vittorio Millan

Agio Real Estate Inc. License #01959172

Agio Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.39 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 3,584 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Gas Range
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441173040000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $2,880
  • Water Sewer Expense $2,200
  • New Taxes Expense $1,350
  • Operating Expense $7,630
  • Gross Income $37,800
  • Net Operating Income $30,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.39 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2200.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0441173040000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 111.61
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2880.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16960.00

Multi Family

  • Average2 Bed Area: 896 Square Feet
  • Gross Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 30170.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 7630.00
  • Rent Control: No
  • Total Expenses: 7630.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 1350.00
  • Tax Census Tract: 97.14
  • Tax Lot: 19
  • Tax Tract Number: 4112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2025
Sold by
Younger Eric and Younger Stephanie
Bought by
Younger Family Trust and Younger
Current Estimated Value
$706,235

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 23, 2018
Sold by
Magana Gabriel Anthony
Bought by
Younger Eric and Younger Stephanie
Seller's Agent
Henry Hill
TXR Homes inc.
Buyer's Agent
Vittorio Millan
Agio Real Estate Inc.
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 16, 2015
Sold by
Magana Jeanette Isabel
Bought by
Magana Gabriel Anthony
Seller's Agent
Tracy Ishino
Legacy Real Estate
Buyer's Agent
Kimberly Cortes
The Way Realty
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$270,019
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 17, 2015
Sold by
Ishino Bryan F and Ishino Lynette N
Bought by
Magana Gabriel Anthony
Seller's Agent
Tracy Ishino
Legacy Real Estate
Buyer's Agent
Kimberly Cortes
The Way Realty
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2013
Sold by
Ishino Bryan F
Bought by
Ishino Bryan F and Ishino Lynette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Ishino Bryan and Ishino Lynette N

Purchase Details

Closed on
Feb 10, 2010
Sold by
Sanchez Rafael and Sanchez Araceli
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 3, 2006
Sold by
Sanchez Rafael
Bought by
Sanchez Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2006
Sold by
Rodriguez Dagoberto and Rodriguez Alejandra
Bought by
Sanchez Rafael and Sanchez Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 2005
Sold by
Cortez Margarita
Bought by
Rodriguez Dagoberto and Rodriguez Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2004
Sold by
Stearns Hazel M
Bought by
Cortez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 12, 2002
Sold by
Kenney William M and Kenney Beverly
Bought by
Stearns Hazel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.86%

Purchase Details

Closed on
May 19, 1999
Sold by
Hud
Bought by
Kenney William M and Kenney Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.86%

Purchase Details

Closed on
Aug 3, 1998
Sold by
King Edward L
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

Purchase Details

Closed on
Jun 3, 1997
Sold by
Agency Publication & Information Clearin
Bought by
King Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,242
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Agency Publication & Information Clearin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,242
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1997
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
7.96%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Fleming John C and Fleming Georgina
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Younger Family Trust -- None Listed On Document
Younger Eric $400,000 Fidelity National Title Comp
Magana Gabriel Anthony -- First American Title Company
Magana Gabriel Anthony $275,000 First American Title Company
Ishino Bryan F -- First American Title Company
Ishino Bryan $140,000 First American Title Company
Deutsche Bank National Trust Company $118,000 Accommodation
Sanchez Aracely -- None Available
Sanchez Rafael $581,000 Orange Coast Title
Rodriguez Dagoberto $500,000 Gateway Title
Cortez Margarita $400,000 First American
Stearns Hazel M $165,000 United Title
Kenney William M $81,500 Stewart Title Company
Homeside Lending Inc $107,287 First Southwestern Title Co
King Edward L $97,500 Commonwealth Land Title Co
Agency Publication & Information Clearin $56,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation -- Benefit Land Title Company
Wells Fargo Bank Na $78,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Younger Eric $300,000
Previous Owner Magana Gabriel Anthony $270,019
Previous Owner Ishino Bryan F $136,500
Previous Owner Sanchez Rafael $280,000
Previous Owner Rodriguez Dagoberto $400,000
Previous Owner Cortez Margarita $80,000
Previous Owner Cortez Margarita $320,000
Previous Owner Stearns Hazel M $115,500
Previous Owner Kenney William M $60,000
Previous Owner King Edward L $97,242
Previous Owner Agency Publication & Information Clearin $53,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2018 08/23/18 Sold $400,000 0.0% $112 / Sq Ft
07/10/2018 07/10/18 For Sale $399,999 0.0% $112 / Sq Ft
07/05/2018 07/05/18 Price Changed $399,999 0.0% $112 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $399,999 +45.5% $112 / Sq Ft
07/28/2015 07/28/15 Sold $275,000 -6.8% $77 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $295,000 -- $82 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,546 $446,207 $33,465 $412,742
2024 $5,392 $437,458 $32,809 $404,649
2023 $5,341 $428,881 $32,166 $396,715
2022 $5,258 $420,471 $31,535 $388,936
2021 $5,139 $412,227 $30,917 $381,310
2020 $5,075 $408,000 $30,600 $377,400
2019 $4,981 $400,000 $30,000 $370,000
2018 $2,747 $201,100 $17,000 $184,100
2017 $2,751 $201,100 $17,000 $184,100
2016 $3,357 $275,000 $35,000 $240,000
2015 $1,955 $150,365 $21,481 $128,884
2014 $1,928 $147,419 $21,060 $126,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18102273

California Regional Multiple Listing Service (CRMLS)

APN: 0441-173-04

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