NOT LISTED FOR SALE

Estimated Value: $645,000 - $752,000

8 Beds
4 Baths
3,584 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $515,000 $144 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,146/month

42 Days on Market

About This Home

As of March 2021

Great investment property in a highly desirable rent area of Apple Valley. All units are well kept. The owner has recently changed the plumbing drain lines to the septic tanks. Tenants are long term tenants and paying on time. Located in an overside lot that you could possibly add more development. Two units are vacant which gives the new owner opportunity to rent out at market price. Located close to schools and shopping centers. Great asset to be added on to your investment portfolio. Must see the appreciate.

Last Agent to Sell the Property

Channy Chor

JohnHart Real Estate License #01836138 Listed on: 12/02/2020

JohnHart Real Estate

Co-Listed By

Sophinarath Cheang Ok

Re/Max Top Producers License #02062473

Last Buyer's Agent

Michelle Risser

RE/MAX HORIZON License #01435646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,653

Year Built

  • Built in 1986

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • No Landscaping
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,584 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1238
  • Tax Tract Number 8170
  • Assessor Parcel Number 3087671190000

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Valley

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $99
  • Water Sewer Expense $340
  • Operating Expense $7,000
  • Gross Income $46,000
  • Net Operating Income $45,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,653

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 340.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3087671190000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 143.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 99.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, No Landscaping, Yard
  • Lot Size Sq Ft: 18000.00
  • Lot Size Acres: 0.4132

Multi Family

  • Gross Income: 46000.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 18000.0000 Square Feet
  • Net Operating Income: 45800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 7000.00

Tax Info

  • Tax Census Tract: 97.10
  • Tax Lot: 1238
  • Tax Tract Number: 8170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 23, 2021
Sold by
Soth Sina
Bought by
Figueroa Laura Elena and Figueroa Nick Leo
Seller's Agent
Channy Chor
JohnHart Real Estate
Buyer's Agent
Michelle Risser
RE/MAX HORIZON
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%
Current Estimated Value
$684,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,919
Avg. Annual Appreciation
6.32%
Original Mortgage
$505,672
Outstanding Balance
$453,299
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$231,620

Purchase Details

Closed on
Jun 13, 2019
Sold by
Khy Nguon
Bought by
Soth Sina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Ingalls William and Ingalls Colleen
Bought by
Soth Sina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2017
Sold by
Hernandez Jose and Hernandez Carmen P
Bought by
Ingalls William and Ingalss Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Hernandez Jose M and Hernandez Carmen P
Bought by
Hernandez Jose and Hernandez Carmen P

Purchase Details

Closed on
Feb 15, 2001
Sold by
Conway Martin C and Conway Sally A
Bought by
Hernandez Jose M and Hernandez Carmen P

Purchase Details

Closed on
Jul 26, 1994
Sold by
Shamblin Arnold Wayne and Shamblin Judy K
Bought by
Conway Martin C and Conway Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Figueroa Laura Elena $515,000 Lawyers Title
Soth Sina -- Chicago Title Company
Soth Sina $425,000 Chicago Title Inland Empire
Ingalls William $350,000 Chicago Title Company
Hernandez Jose -- --
Hernandez Jose M -- United Title Company
Conway Martin C $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Laura Elena $505,672
Previous Owner Soth Sina $225,000
Previous Owner Ingalls William $210,000
Previous Owner Conway Martin C $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $515,000 0.0% $144 / Sq Ft
01/15/2021 01/15/21 Off Market $515,000 -- --
01/14/2021 01/14/21 For Sale $499,999 -2.9% $140 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/11/2020 12/11/20 Off Market $515,000 -- --
12/07/2020 12/07/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $499,999 -- $140 / 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 $6,653 $557,452 $97,419 $460,033
2024 $6,653 $546,522 $95,509 $451,013
2023 $6,948 $535,806 $93,636 $442,170
2022 $6,489 $525,300 $91,800 $433,500
2021 $5,412 $437,991 $20,611 $417,380
2020 $5,345 $433,500 $20,400 $413,100
2019 $4,501 $357,000 $25,500 $331,500
2018 $4,392 $350,000 $25,000 $325,000
2017 $2,217 $153,204 $12,984 $140,220
2016 $1,948 $150,200 $12,729 $137,471
2015 $1,918 $147,944 $12,538 $135,406
2014 $1,892 $145,046 $12,292 $132,754
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20240897

California Regional Multiple Listing Service (CRMLS)

APN: 3087-671-19