NOT LISTED FOR SALE

Estimated Value: $694,000 - $1,180,175

1 Bed
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $640,000

Est. 58% increase in value since last sale

Current estimated payment $6,141/month

14 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2023

This 4-plex offers 4 cozy 1-bedroom, 1-bath units, ideal for both owner occupied with tenants in the other or for investors. One unit is move-in
ready, making it perfect for immediate rental income. The other 3 units, though requiring some TLC, present an excellent opportunity for value addition and return on investment. Washer/Dryer with WASH agreement on site plus storage and parking for 4 behind and street parking in front. Don't miss this golden opportunity to own a multi-family property in the heart of Lompoc

Last Agent to Sell the Property

Pam Grant

Compass California, Inc.-Lompoc License #01314208 Listed on: 07/21/2023

Compass California, Inc.-Lompoc

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,121

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Fixer Upper
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 39
  • Assessor Parcel Number 091021005

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North West Lmpc Subdivision

Amenities

  • Laundry Facilities

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,121

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Inclusions: Stove, Refrigerators in all units.
  • Price Per Unit: 160000
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: North West Lmpc(49)
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 091021005
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 27.10
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 14, 2023
Sold by
Williford Family Trust and Reichel Terri J
Bought by
Mitchum Jennifer A
Seller's Agent
Pam Grant
Compass California, Inc.-Lompoc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$640,000
Sold Price
$640,000
Views
19
Current Estimated Value
$1,013,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,294
Avg. Annual Appreciation
26.73%
Original Mortgage
$512,000
Outstanding Balance
$501,269
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$512,025

Purchase Details

Closed on
Jun 11, 1996
Sold by
Williford Charlotte Leora
Bought by
Williford Charlotte Leora

Purchase Details

Closed on
Aug 4, 1995
Sold by
Williford David P and Leora Williford C
Bought by
Williford David P and Williford Charlotte Leora
Source: Public Records

Range of Values:

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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
Mitchum Jennifer A $640,000 Fidelity National Title Compan
Williford Charlotte Leora -- --
Williford David P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchum Jennifer A $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $640,000 0.0% --
08/04/2023 08/04/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $640,000 -- --
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 $7,121 $652,800 $204,000 $448,800
2023 $7,121 $520,000 $100,000 $420,000
2022 $1,031 $84,506 $15,980 $68,526
2021 $1,040 $82,850 $15,667 $67,183
2020 $1,029 $82,002 $15,507 $66,495
2019 $1,011 $80,395 $15,203 $65,192
2018 $994 $78,819 $14,905 $63,914
2017 $975 $77,274 $14,613 $62,661
2016 $958 $75,760 $14,327 $61,433
2014 $937 $73,162 $13,836 $59,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23134725

California Regional Multiple Listing Service (CRMLS)

APN: 091-021-005