NOT LISTED FOR SALE

205 W Robertson Rd Ridgecrest, CA 93555

Ridgecrest Area
7 Beds
7 Baths
-- Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $115,000

202 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • On-Site Manager or Management

About This Home

As of April 2021

6 Space Mobile Home Park PLUS bachelor unit. Investment opportunity for growth for entry level investor. Long term management makes it easy for out of area owner.

Last Agent to Sell the Property

Jimmy La Peter

ALL PRO Real Estate Int'l License #00462499 Listed on: 08/27/2020

Last Buyer's Agent

Phillip Lopez

RE/MAX TerraSol License #02070434

RE/MAX TerraSol
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 12,640 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • 1-Story Property
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 55
  • Tax Tract Number 1234
  • Assessor Parcel Number 47805407007

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Professional Management Expense $1,500
  • New Taxes Expense $900
  • Operating Expense $3,000
  • Gross Income $16,500
  • Net Operating Income $13,500

Security

  • On-Site Manager or Management

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.29 Acres

Listing Details

  • Assessments: No
  • CapRate: 10.30
  • Professional Management Expense: 1500.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Resident Manager
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 47805407007
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12640.00
  • Lot Size Acres: 0.2902

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 16500.00
  • Gross Multiplier: 7.87
  • Gross Operating Income: 16500.00
  • Gross Scheduled Income: 16500.00
  • Gross Spendable Income: 13500.00
  • Insurance Expense: 600.00
  • Lot Size Area: 12640.0000 Square Feet
  • Net Operating Income: 13500.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 16500.00
  • Total Expenses: 3000.00

Tax Info

  • New Taxes Expense: 900.00
  • Tax Census Tract: 54.03
  • Tax Lot: 55
  • Tax Tract Number: 1234

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
Aug 27, 2020
Closed on
Mar 4, 2021
Sold by
Manila Investments
Bought by
Seller's Agent
Jimmy La Peter
ALL PRO Real Estate Int'l
Buyer's Agent
Phillip Lopez
RE/MAX TerraSol
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2011
Sold by
Stc Investments
Bought by
Manila Investments

Purchase Details

Closed on
May 6, 1999
Sold by
Ufer Kim
Bought by
Stc Investments
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ridgecrest, CA

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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
$110,000 Orange Coast Ttl Co Of Socal
Manila Investments $5,000 Orange Coast Title Company
Stc Investments $28,000 American Title Co
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
Previous Owner $90,000
Previous Owner Lapeter Jimmy $20,000
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
04/30/2021 04/30/21 Sold $115,000 0.0% --
03/17/2021 03/17/21 Pending -- -- --
11/06/2020 11/06/20 Price Changed $115,000 -11.5% --
08/27/2020 08/27/20 For Sale $129,900 -- --
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
2026 $3,956 $121,446 $104,886 $16,560
2025 $3,956 $119,066 $102,830 $16,236
2024 $3,835 $116,732 $100,814 $15,918
2023 $3,750 $114,444 $98,838 $15,606
2022 $3,674 $112,200 $96,900 $15,300
2021 $2,332 $12,756 $11,600 $1,156
2020 $847 $12,627 $11,482 $1,145
2019 $1,010 $12,627 $11,482 $1,145
2018 $1,538 $12,138 $11,037 $1,101
2017 $1,538 $11,901 $10,821 $1,080
2016 $1,491 $11,668 $10,609 $1,059
2015 $1,450 $11,494 $10,450 $1,044
2014 $1,068 $11,270 $10,246 $1,024
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20153972

California Regional Multiple Listing Service (CRMLS)
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