NOT LISTED FOR SALE

Estimated Value: $519,408 - $602,000

5 Beds
3 Baths
2,249 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $350,000 $156 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,439/month

9 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Wood Fence
  • No HOA
  • Central Heating and Cooling System
  • Back and Front Yard

About This Home

As of November 2018

Fantastic investment opportunity to own a DUPLEX in Palmdale, This non-rent controlled asset presents a great opportunity for an
investor to acquire a fully occupied income property with great tenants, 1 UNIT is 3BED/2BATH rented at $1,150 and 2nd UNIT is 2BED/1BATH rented at $900.
BOTH units have CENTRAL A/C and Laminate wood floors throughout, Each unit has upgraded kitchens with Granite counter tops, Washer and Dryer, Each unit with
it's own private back yard and a detached 3 car garage and 2 extra parking spaces, Don't miss this great investment opportunity!
DO NOT DISTURB OCCUPANTS, DRIVE-BY ONLY PLEASE.**DO NOT DISTURB OCCUPANTS**

Last Agent to Sell the Property

Jenny Segovia

Luxury Collective License #01331605 Listed on: 09/17/2018

Last Buyer's Agent

Jenny Segovia

Luxury Collective License #01331605 Listed on: 09/17/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 9,220 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,249 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Stucco

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 23747
  • Assessor Parcel Number 3018012020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: PDR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3018012020
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Price Per Square Foot: 155.62

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9220.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 9106.01
  • Tax Lot: 3
  • Tax Tract Number: 23747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Jajja Richard M and The Richard M Jajja Trust
Bought by
Jajja Richard M
Current Estimated Value
$561,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,100
Outstanding Balance
$212,770
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$349,082

Purchase Details

Closed on
Oct 29, 2019
Sold by
Jajja Richard Mahendra
Bought by
Jajja Richard M and The Richard M Jajja Trust

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 25, 2018
Sold by
Perfecto Antonio Canales
Bought by
Jaja Richard
Seller's Agent
Jenny Segovia
Luxury Collective
Buyer's Agent
Jenny Segovia
Luxury Collective
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$245,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 30, 2015
Sold by
Alvarez Reyna
Bought by
Perfecto Antonio Canales
Seller's Agent
Linda Gonzalez
Real Estate Professionals of AV
Buyer's Agent
Jenny Segovia
Luxury Collective
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$235,653
Interest Rate
3.67%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 15, 2015
Sold by
Rashmadzhyan Diana
Bought by
Perfecto Antonio Canales
Seller's Agent
Linda Gonzalez
Real Estate Professionals of AV
Buyer's Agent
Jenny Segovia
Luxury Collective
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
3.67%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 28, 2014
Sold by
Markosyan Edward
Bought by
Rashmadzhyan Diana
Seller's Agent
Maggie Ward
HomeBased Realty
Buyer's Agent
Edward Markosyan
Century 21 Masters
List Price
$193,000
Sold Price
$168,000
Premium/Discount to List
-$25,000
-12.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.29%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Us Bank National Association
Bought by
Rashmadzhyan Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2012
Sold by
Watson James L
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 5, 2006
Sold by
Watson James L
Bought by
Watson James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Hud
Bought by
Watson James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
7.51%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Lee Shante Renee
Bought by
Watson James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
7.51%

Purchase Details

Closed on
Mar 11, 1999
Sold by
Hernandez Jose A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Aug 4, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
May 16, 1994
Sold by
Hernandez Irma
Bought by
Hernandez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,378
Interest Rate
8.56%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1994
Sold by
Rich Joyce A Sanders
Bought by
Hernandez Jose A and Lopez Cresencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,378
Interest Rate
8.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1993
Sold by
Rich Theodore M
Bought by
Sanders Joyce A

Purchase Details

Closed on
Nov 30, 1993
Sold by
Camuso Alfred
Bought by
Sanders Joyce A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jajja Richard M -- Elevated Title Company
Jajja Richard M -- None Available
Jaja Richard $350,000 Stewart Title Company Of Cal
Perfecto Antonio Canales -- Stewart Title
Perfecto Antonio Canales $240,000 Stewart Title
Rashmadzhyan Diana -- Servicelink
Rashmadzhyan Diana $168,000 Servicelink
U S Bank National Association $87,000 None Available
Watson James L -- Alliance Title Company
Watson James L $54,500 Stewart Title
Watson James L -- Stewart Title Company
Countrywide Home Loans Inc $116,343 Landsafe Title
Hud -- Los Angeles
Hernandez Jose A -- First American Title Company
Hernandez Jose A $111,000 First American Title Company
Sanders Joyce A -- First American Title Company
Sanders Joyce A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jajja Richard M $241,100
Closed Jaja Richard $245,000
Previous Owner Perfecto Antonio Canales $235,653
Previous Owner Rashmadzhyan Diana $117,600
Previous Owner Watson James L $310,000
Previous Owner Watson James L $48,600
Previous Owner Hernandez Jose A $110,378
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2018 11/01/18 Sold $350,000 0.0% $156 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $349,900 +45.8% $156 / Sq Ft
05/05/2015 05/05/15 Sold $240,000 +2.1% $107 / Sq Ft View Prior Sale
04/13/2015 04/13/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $235,000 +39.9% $104 / Sq Ft
09/03/2014 09/03/14 Sold $168,000 -13.0% $75 / Sq Ft View Prior Sale
06/17/2014 06/17/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $193,000 -- $86 / 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 $6,009 $390,427 $59,121 $331,306
2024 $6,009 $382,772 $57,962 $324,810
2023 $5,953 $375,268 $56,826 $318,442
2022 $5,726 $367,911 $55,712 $312,199
2021 $5,615 $360,698 $54,620 $306,078
2020 $5,521 $357,000 $54,060 $302,940
2019 $5,452 $350,000 $53,000 $297,000
2018 $4,328 $253,503 $42,250 $211,253
2016 $4,037 $243,660 $40,610 $203,050
2015 $3,186 $168,000 $30,000 $138,000
2014 -- $90,408 $13,561 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18227298

California Regional Multiple Listing Service (CRMLS)

APN: 3018-012-020