$245,000
SOLD NOV 6, 2013
8 Beds
4 Baths
3,584 Sq Ft
0.43 Acres

Recently Sold

$68 Per Sq Ft

6% Below List Price

42 Days on Market

About This Home

As of November 2013

STANDARDS SALE!!! Fourplex in great area of Apple Valley - Centrally Located right off Bear Valley -- the busiest thoroughfare of the High Desert!! Each Unit consists of 2B1B with attached 1 Car Garage. The fourplex is comprised two separate buildings with each having two units attached at the garage side for better privacy between tenants. Buy them as an investment! Or buy them to live in one & rent the other three - and thus qualifying for primary residence financing! Hurry the won't last long!

Last Agent to Sell the Property

Robert Nicorici

Icon Realty and Investments License #01742289 Listed on: 11/06/2013

Last Buyer's Agent

Eric Hunley

PARKER INTEGRITY License #01729765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1984

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • 3,584 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 5497
  • Assessor Parcel Number 3087445030000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,579

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 3087445030000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 68.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Lot Size Sq Ft: 18900.00
  • Lot Size Acres: 0.4340

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 9999999.00
  • Insurance Expense: 1.00
  • Lot Size Area: 18900.0000 Square Feet
  • Net Operating Income: 1.00
  • 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: 1.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 23
  • Tax Tract Number: 5497
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2020
Sold by
Pedersen Richard and Pedersen Lupe
Bought by
Sanchez Ricardo
Current Estimated Value
$758,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,446
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 6, 2013
Closed on
Sep 20, 2013
Sold by
Veritas Capital Llc
Bought by
Pedersen Richard and Pedersen Lupe
Seller's Agent
Robert Nicorici
Icon Realty and Investments
Buyer's Agent
Eric Hunley
PARKER INTEGRITY
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$160,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2013
Sold by
Howie Scott
Bought by
Veritas Capital Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Howie Joyce S
Bought by
Howie Scott

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
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2005
Sold by
Kelleher Craig and Kelleher Sharyl
Bought by
Howie Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1999
Sold by
Va
Bought by
Kelleher Craig and Kelleher Sharyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 1998
Sold by
Mercantile Bank Na
Bought by
Va

Purchase Details

Closed on
Apr 3, 1998
Sold by
Torres David D and Torres Felipa
Bought by
Mercantile Bank Na

Purchase Details

Closed on
Sep 23, 1993
Sold by
Torres David Daniel and Torres Felipa
Bought by
Torres David Daniel and Torres Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,422
Interest Rate
7.25%
Mortgage Type
Assumption

Purchase Details

Closed on
Aug 13, 1993
Sold by
Torres Vernon L and Torres Kathryn L
Bought by
Torres David Daniel and Torres Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,422
Interest Rate
7.25%
Mortgage Type
Assumption
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $510,000 First American Title
Grant Deed $245,000 Fidelity Title
Trustee Deed $156,000 None Available
Interfamily Deed Transfer -- Fidelity Nationaltitle Co
Grant Deed $425,000 Fidelity Nationaltitle Co
Deed $87,500 Orange Coast Title
Deed -- Lawyer Title Company
Trustee Deed $90,783 Lawyers Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $479,446 FHA
Previous Owner $160,000 New Conventional
Previous Owner $80,000 Unknown
Previous Owner $340,000 Unknown
Previous Owner $382,500 Purchase Money Mortgage
Previous Owner $128,000 Unknown
Previous Owner $78,750 Seller Take Back
Previous Owner $140,422 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Rented $700 0.0% --
12/04/2014 12/04/14 For Rent $700 0.0% --
11/06/2013 11/06/13 Sold $245,000 -5.7% $68 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $259,900 -- $73 / 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 $6,579 $557,760 $27,341 $530,419
2024 $6,579 $546,824 $26,805 $520,019
2023 $6,517 $536,102 $26,279 $509,823
2022 $6,418 $525,590 $25,764 $499,826
2021 $6,272 $515,284 $25,259 $490,025
2020 $3,594 $274,621 $22,419 $252,202
2019 $3,528 $269,236 $21,979 $247,257
2018 $3,443 $263,957 $21,548 $242,409
2017 $3,394 $258,781 $21,125 $237,656
2016 $3,105 $253,707 $20,711 $232,996
2015 $3,058 $249,896 $20,400 $229,496
2014 $3,016 $245,000 $20,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13154403

California Regional Multiple Listing Service (CRMLS)

APN: 3087-445-03