NOT LISTED FOR SALE

2907 Steensen St Lake Isabella, CA 93240

Estimated Value: $171,000 - $237,623

4 Beds
2 Baths
1,705 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $159,900 $94 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,269/month

220 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wall Furnace
  • Private Yard
  • Laundry Room

About This Home

As of May 2021

Affordable first time home and investment. Live in one and rent out the other. Large 2 units of 2 bedrooms, one bath, spacious living room /dining room combo, generous size kitchen. Upward potential for rents. Very affordable. Each unit has a garage and its own laundry facilities. Don't pass this up. Try conventional low down payment loan programs. Own instead of rent. Agent has 3 duplexes, 1 building of 3 units, and 2 buildings of 4 units each. Call agent for an analysis of what it would really cost you to own any of these properties. This is a Trust Sale. NO COURT APPROVAL IS NECESSARY. The properties are being sold in the current "AS IS, WHERE IS CONDITION."

Last Agent to Sell the Property

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 10/31/2018

Last Buyer's Agent

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 10/31/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1975

Lot Details

  • 6,872 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Desert faces the front and back of the property
  • Corner Lot
  • No Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,705 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 2004
  • Assessor Parcel Number 2631621200

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $663
  • Other Expense $118
  • Trash Expense $80
  • New Taxes Expense $1,826
  • Operating Expense $2,687
  • Gross Income $16,140
  • Net Operating Income $13,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,290

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • CapRate: 8.41
  • Other Phone Description: Listing Agent
  • Other Phone Number: 949-874-0456
  • Price Per Unit: 79950
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2631621200
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 93.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Desert Back, Desert Front, Front Yard, Sprinklers None, Yard
  • Lot Size Sq Ft: 6872.00
  • Lot Size Acres: 0.1578

Multi Family

  • Average2 Bed Area: 852 Square Feet
  • Gross Income: 16140.00
  • Gross Multiplier: 10.09
  • Gross Scheduled Income: 16140.00
  • Insurance Expense: 663.00
  • Lot Size Area: 6872.0000 Square Feet
  • Net Operating Income: 13453.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2687.00
  • Other Expense: 118.00
  • Other Expense Description: Fire Fee
  • Rent Control: No
  • Total Actual Rent: 1345.00
  • Total Expenses: 2687.00

Tax Info

  • New Taxes Expense: 1826.00
  • Tax Lot: 92
  • Tax Tract Number: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Apr 22, 2021
Sold by
Scott Family Living Trust and Scott Angela M
Bought by
Scott Joseph W
Seller's Agent
Silvana Raiola
Landmark Realtors
Buyer's Agent
Silvana Raiola
Landmark Realtors
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$205,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,006
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Scott Harold L and Scott Kathleen
Bought by
Scott Harold L and Scott Kathleen

Purchase Details

Closed on
Jan 14, 2004
Sold by
Ruff Norman W and Ruff Jerry D
Bought by
Scott Harold L and Scott Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Ruff Norman W and The Vernon M Ruff 1997 Trust
Bought by
Ruff Norman W and Ruff Jerry D

Purchase Details

Closed on
Nov 3, 1998
Sold by
Lorene Ruff Vernon and Lorene A
Bought by
Ruff Vernon M and Ruff Norman W
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
Scott Joseph W $160,000 First American Title
Scott Harold L -- --
Scott Harold L $99,000 Fidelity Title
Ruff Norman W -- --
Ruff Vernon M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Harold L $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $159,900 0.0% $94 / Sq Ft
04/06/2021 04/06/21 For Sale $159,900 0.0% $94 / Sq Ft
01/21/2020 01/21/20 For Sale $159,900 0.0% $94 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
10/31/2018 10/31/18 For Sale $159,900 -- $94 / 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 $2,290 $173,188 $27,060 $146,128
2024 $2,228 $169,793 $26,530 $143,263
2023 $2,228 $166,464 $26,010 $140,454
2022 $2,161 $163,200 $25,500 $137,700
2021 $1,699 $130,021 $19,694 $110,327
2020 $1,636 $128,689 $19,493 $109,196
2019 $1,612 $128,689 $19,493 $109,196
2018 $1,308 $100,000 $25,000 $75,000
2017 $1,261 $95,000 $24,000 $71,000
2016 $1,154 $90,000 $15,000 $75,000
2015 $1,160 $90,000 $15,000 $75,000
2014 $1,181 $91,709 $13,895 $77,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18227426

California Regional Multiple Listing Service (CRMLS)

APN: 263-162-12-00-3