Noemy Arellano
Vida Realty
(657) 216-9210
70 Total Sales
4 in High Desert
$100K - $480K Price Range
22526 Sioux Rd Apple Valley, CA 92308
High Desert Neighborhood
6
Beds
5
Baths
38,280
Sq Ft
4.03
Acre Lot
Highlights
- 4.03 Acre Lot
- Community Pool
- Laundry Facilities
- Corner Lot
- Central Heating and Cooling System
About This Home
As of April 2020Newer construction, 38 unit community built in 1986 on roughly 4 acres. The Apple Valley Town Homes offers tenants attractive oversized floorplans consisting of sixteen (3 Bedroom + 1.5 Bathroom Townhomes), nineteen (2 Bedroom + 1.5 Bathroom Townhomes) and three (1 Bedroom 1 Bath flats). Additional tenant amenities include central A/C and heat, large patios, on-site laundry service, individual water heaters, a central common area with playground and basketball court, and assigned garages and car spaces. Well located just 1.5 miles from Apple Valley High School and 5.2 miles from Victor Valley College. This investment property offers an investor the opportunity to acquire an asset with current cash flow and a substantial upside potential as current rents are under market. Priced well below replacement costs at a price per unit of $94,605 and a price per square foot of $93.91, this represents one of the best value opportunities in the high desert.
Last Agent to Sell the Property
Investment Capital Real Estate License #01379930 Listed on: 08/15/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 4.03 Acre Lot
- Two or More Common Walls
- Rural Setting
- Corner Lot
- Density is 6-10 Units/Acre
- 043939239
Parking
- 65 Open Parking Spaces
- 14 Car Garage
Home Design
- 38,280 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 392
- Assessor Parcel Number 0439392380000
Community Details
Overview
- 4 Buildings
- 38 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 38 Leased Units
- 39 Separate Electric Meters
- 39 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,015
- Fuel Expense $400
- Insurance Expense $11,400
- Maintenance Expense $17,640
- Other Expense $15,960
- Professional Management Expense $13,688
- Trash Expense $9,232
- Water Sewer Expense $19,564
- New Taxes Expense $41,343
- Operating Expense $130,242
- Gross Income $356,460
- Net Operating Income $215,560
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Outstanding Balance
$3,001,100
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,671,875
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
May 8, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,000
Interest Rate
5.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 9, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 31, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,000
Interest Rate
6.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 9, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.24%
Mortgage Type
Commercial
Purchase Details
Closed on
May 13, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.24%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 1994
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in High Desert, CA
-
Noemy Arellano
-
Dave Cochems
Dave Cochems
C & M Real Estate Services
(949) 763-4735
18 Total Sales
1 in High Desert
$365,000 Price
-
Janet Johnson
Janet Johnson
RE/MAX FREEDOM
(442) 219-8101
52 Total Sales
11 in High Desert
$10K - $625K Price Range
-
Elma Montenegro
Elma Montenegro
Keller Williams High Desert
(760) 493-7728
85 Total Sales
26 in High Desert
$40K - $876K Price Range
-
Dinorah Carmenate
Dinorah Carmenate
Properties By Dinorah
(657) 425-0747
53 Total Sales
1 in High Desert
$439,000 Price
-
Laura Dandoy
Laura Dandoy
The Real Estate Resource Group
(626) 784-4821
261 Total Sales
1 in High Desert
$387,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,100,000 | Commonwealth Land Title | ||
| $3,562,500 | Fidelity National Ttl Co Ie | ||
| $1,830,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | -- | ||
| $1,950,000 | Chicago Title Co | ||
| $1,175,000 | First American Title | ||
| -- | Chicago Title Co | ||
| -- | Chicago Title Company | ||
| -- | First American Title Ins Co | ||
| -- | First American Title Ins Co | ||
| $585,000 | First American Title Ins Co | ||
| $630,000 | World Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,550,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $2,671,875 | ||
| Previous Owner | $1,098,000 | ||
| Previous Owner | $1,537,000 | ||
| Previous Owner | $1,470,000 | ||
| Previous Owner | $932,000 | ||
| Previous Owner | $830,000 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $30,544 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2020 04/25/20 | Sold | $3,562,500 | -0.9% | $93 / Sq Ft |
| 01/22/2020 01/22/20 | For Sale | $3,595,000 | +0.9% | $94 / Sq Ft |
| 12/17/2019 12/17/19 | Off Market | $3,562,500 | -- | -- |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 11/25/2019 11/25/19 | Price Changed | $3,595,000 | -4.1% | $94 / Sq Ft |
| 08/15/2019 08/15/19 | For Sale | $3,750,000 | -- | $98 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $24,601 | $2,601,000 | $357,000 | $2,244,000 |
| 2025 | $24,601 | $1,946,689 | $300,752 | $1,645,937 |
| 2024 | $23,920 | $1,908,519 | $294,855 | $1,613,664 |
| 2023 | $23,687 | $1,871,098 | $289,074 | $1,582,024 |
| 2022 | $23,321 | $1,834,410 | $283,406 | $1,551,004 |
| 2021 | $22,794 | $1,798,441 | $277,849 | $1,520,592 |
| 2020 | $14,238 | $1,050,881 | $74,653 | $976,228 |
| 2019 | $13,974 | $1,030,275 | $73,189 | $957,086 |
| 2018 | $13,639 | $1,010,074 | $71,754 | $938,320 |
| 2017 | $13,442 | $990,269 | $70,347 | $919,922 |
| 2016 | $12,116 | $970,852 | $68,968 | $901,884 |
| 2015 | $11,932 | $956,269 | $67,932 | $888,337 |
| 2014 | $11,769 | $937,537 | $66,601 | $870,936 |
Source: Public Records
Agents Affiliated with this Home
-
Ignacio Diaz Jr
I
Seller's Agent in 2020
Ignacio Diaz Jr
Investment Capital Real Estate
(949) 201-8817
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19195372
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.
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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