NOT LISTED FOR SALE

223 W Lancaster Blvd Unit 2 Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $511,000 - $634,000

4 Beds
2 Baths
1,452 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $205,000 $141 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,437/month

16 Days on Market

About This Home

As of January 2018

2 units fully permitted. Front unit 223 2 bed 1 bath at 952 sq. ft. Tenant occupied on a month to month basis. Tile throughout with washer and dryer hook ups. New tile surround in shower. Large master. Fully fenced.Back unit 229 2 bedrooms 1 bath at 500 sq. ft. vacant could rent for $780.00 per month. Tile flooring throughout except bedrooms. Perfect for mother in-law with full kitchen or rental income. Can go FHA if owner occupies either unit.

Last Agent to Sell the Property

Rebecca Fults

Century 21 Doug Anderson Listed on: 12/05/2017

Last Buyer's Agent

Robert Chevalier

Keller Williams

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,452 Sq Ft Home
  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3138-013-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • House Faces: W
  • Directions To Property: West on Lancaster Blvd. Property is on the left.
  • Income Producing: Yes
  • Listing Member Name: Rebecca Fults
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.05
  • Square Footage: 1452.00
  • Tract Suffix: Boulevard
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 97500.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Brick, Siding, Stucco

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.14
  • Zoning: LRR2

Tax Info

  • Assessor Parcel Number: 3138-013-021

Multi Family

  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Rodriguez Oscar A and Rodriguez Edna Yanira
Bought by
Reyes Alan J and Betancourt Kimberly
Current Estimated Value
$540,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Outstanding Balance
$502,492
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$50,059

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 9, 2018
Sold by
Tvm Inc
Bought by
Letcher Latanya S
Seller's Agent
Rebecca Fults
Century 21 Doug Anderson
Buyer's Agent
Robert Chevalier
Keller Williams
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$164,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2016
Sold by
Chandler Ventures Inc
Bought by
Tvm Inc and Tvm Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2014
Sold by
Longabaugh Richard John
Bought by
Longabaugh Lisa

Purchase Details

Closed on
Feb 5, 2014
Sold by
Longabaugh Lisa
Bought by
Chandler Ventures Inc

Purchase Details

Closed on
Feb 4, 2014
Sold by
Zimmerman Michael H and Zimmerman Trust
Bought by
Longabaugh Lisa

Purchase Details

Closed on
Jun 12, 2013
Sold by
Zimmerman Michael H and Zimmerman Trust
Bought by
Longabaugh Lisa

Purchase Details

Closed on
Feb 5, 2005
Sold by
Zimmerman Henry
Bought by
Zimmerman Henry and The Trust Of Henry Zimmerman Jr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reyes Alan J $525,000 Priority Title
Letcher Latanya S $205,000 Chicago Title Company
Tvm Inc -- First American Title Ins Co
Longabaugh Lisa -- Fidelity
Chandler Ventures Inc $74,500 Fidelity
Longabaugh Lisa -- None Available
Longabaugh Lisa -- None Available
Zimmerman Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Alan J $515,490
Previous Owner Letcher Latanya S $164,000
Previous Owner Tvm Inc $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $205,000 +5.1% $141 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $195,000 -- $134 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $7,344 $535,500 $81,600 $453,900
2024 $7,344 $525,000 $80,000 $445,000
2023 $5,747 $393,720 $59,160 $334,560
2022 $5,649 $386,000 $58,000 $328,000
2021 $3,611 $215,490 $32,586 $182,904
2020 $3,573 $213,281 $32,252 $181,029
2019 $3,517 $209,100 $31,620 $177,480
2018 $2,182 $107,733 $26,932 $80,801
2016 $2,083 $103,551 $25,887 $77,664
2015 $2,063 $101,997 $25,499 $76,498
2014 $1,606 $73,084 $43,451 $29,633
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rebecca Fults

    Century 21 Doug Anderson

  • R

    Buyer's Agent in 2018

    Robert Chevalier

    Keller Williams

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17011498

Greater Antelope Valley Association of REALTORS®

APN: 3138-013-021

California Los Angeles County Lancaster 93534 Central Lancaster

223 W Lancaster Blvd Unit 2, Lancaster, CA

Not Listed for Sale

MultiFamily

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