NOT LISTED FOR SALE

21194 Laguna Rd Unit 3 Apple Valley, CA 92308

High Desert Neighborhood

Estimated Value: $607,057 - $816,000

8 Beds
4 Baths
3,600 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $281,000 $78 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,375/month

19 Days on Market

About This Home

As of September 2014

INVESTORS!! THIS IS IT. Earn 15% cash on cash return with only 25% DOWN. Fully occupied 4 plex with center courtyard, Each with 2 bedrooms 1 bath, fireplace, 2 car garage attached, individual laundry hook ups in garage, central AC and Heating. 4 electric meters, 1 water meter, plenty of additional parking. Great location close to everything, in great area surrounded by houses not other apartments (rare find).
Current rents have upside potential...

Last Agent to Sell the Property

Adam Castaneda

Adam Castaneda, Broker License #01119316 Listed on: 08/13/2014

Last Buyer's Agent

George Najem

Dreamworks Real Estate License #01501581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1984

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,600 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 598
  • Tax Tract Number 5924
  • Assessor Parcel Number 0434367040000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,092
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,500
  • Gross Income $2,740
  • Net Operating Income $24,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,221

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0434367040000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 78.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 1092.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 18480.00
  • Lot Size Acres: 0.4240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 2740.00
  • Gross Scheduled Income: 32880.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 18480.0000 Square Feet
  • Net Operating Income: 24688.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8192.00
  • Rent Control: No
  • Total Actual Rent: 2740.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Lot: 598
  • Tax Tract Number: 5924
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Nov 20, 2014
Sold by
Wadhwa Parvindar S
Bought by
P4la Llc
Seller's Agent
Adam Castaneda
Adam Castaneda, Broker
Buyer's Agent
George Najem
Dreamworks Real Estate
List Price
$279,900
Sold Price
$281,000
Premium/Discount to List
$1,100
0.39%
Current Estimated Value
$755,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,764
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Aug 13, 2014
Closed on
Aug 25, 2014
Sold by
Tapia Leobardo Olivares
Bought by
Wadhwa Parvinder S and Wadhwa Ravinder K
Seller's Agent
Adam Castaneda
Adam Castaneda, Broker
Buyer's Agent
George Najem
Dreamworks Real Estate
List Price
$279,900
Sold Price
$281,000
Premium/Discount to List
$1,100
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Vannguyen Le Van
Bought by
Tapia Leobardo Olivares

Purchase Details

Closed on
Mar 12, 2010
Sold by
Nguyen Bill
Bought by
Vannguyen Le

Purchase Details

Closed on
Jun 11, 2007
Sold by
Nguyen Bill
Bought by
Nguyen Bill and Nguyen Thanh Xuan Thi

Purchase Details

Closed on
Jan 19, 2006
Sold by
Calderon Hector L
Bought by
Nguyen Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1997
Sold by
Fidelity Fsla
Bought by
Calderon Hector L and Calderon Luz

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
7.43%

Purchase Details

Closed on
Apr 11, 1997
Sold by
Agramonte Jose A and Carreras Luis P
Bought by
Fidelity Fsla

Purchase Details

Closed on
Sep 9, 1993
Sold by
Carreras Luis P
Bought by
Carreras Mayra
Source: Public Records

Range of Values:

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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
P4la Llc -- None Available
Wadhwa Parvindar S -- None Available
Wadhwa Parvinder S $281,000 Advantage Title Inc
Tapia Leobardo Olivares $249,000 Lawyers Title
Vannguyen Le $145,000 Lawyers Title
Nguyen Bill -- None Available
Nguyen Bill $550,000 Southland Title
Calderon Hector L $105,000 Lawyers Title Company
Fidelity Fsla $90,000 Northern Counties Title Ins
Carreras Mayra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wadhwa Parvinder S $210,750
Previous Owner Nguyen Bill $440,000
Previous Owner Calderon Hector L $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $281,000 +0.4% $78 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $279,900 -- $78 / 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 $4,221 $337,721 $24,037 $313,684
2024 $4,221 $331,099 $23,566 $307,533
2023 $4,544 $324,607 $23,104 $301,503
2022 $4,115 $318,242 $22,651 $295,591
2021 $4,022 $312,002 $22,207 $289,795
2020 $3,971 $308,803 $21,979 $286,824
2019 $3,897 $302,748 $21,548 $281,200
2018 $3,803 $296,811 $21,125 $275,686
2017 $3,749 $290,991 $20,711 $270,280
2016 $3,454 $285,285 $20,305 $264,980
2015 $3,402 $260,230 $31,353 $228,877
2014 $3,142 $255,133 $30,739 $224,394
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adam Castaneda

    Adam Castaneda, Broker

    (909) 578-2119

    2 in this area

    32 Total Sales

    Adam Castaneda
    Section Image
  • George Najem

    Buyer's Agent in 2014

    George Najem

    Dreamworks Real Estate

    (562) 260-3224

    4 in this area

    19 Total Sales

    George Najem
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14173772

California Regional Multiple Listing Service (CRMLS)

APN: 0434-367-04

California San Bernardino County Apple Valley 92308 High Desert

21194 Laguna Rd Unit 3, Apple Valley, CA

This home is located at 21194 Laguna Rd Unit 3, Apple Valley, CA 92308 since 13 August 2014 and is currently estimated at $755,764, approximately $209 per square foot. This property was built in 1984. 21194 Laguna Rd Unit 3 is a home located in San Bernardino County with nearby schools including Sandia Elementary School and Apple Valley High School.

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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