NOT LISTED FOR SALE

32120 Agate Rd Lucerne Valley, CA 92356

Estimated Value: $157,000 - $249,000

77.49 Acres
$2,425 Price per Acre
3,375,464 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $125,000

Est. 50% increase in value since last sale

Current estimated payment $1,137/month

90 Days on Market

Highlights

  • 77.49 Acre Lot
  • Mountain View
  • No HOA

About This Lot

As of September 2014

EXCELLENT INVESTMENT OPPORTUNITY!! TOTAL OF 77.49 ACRES LAND SITS ON FOOTHILL OF GORGEOUS ROCKY HILLS AND PANORAMIC 360 VIEW OF THE ENTIRE VALLEY. THE CHEAPEST BUILDABLE LAND IN LUCERNE VALLEY ONLY $1,740.00 PER ACRE AND $2,700.00 PER RESIDENTIAL LOT. Seller has tentative map for minimum of 50 houses. There are larger newer custom built home all around this property. Very peaceful, secluded and scenic area. A perfect land for immediate development to build custom houses. Property is zoned RS-10m (10,000 sq. ft. minimum lot size). The conditions of approval and Tentative Tract Map are available at listing office or through your agent. Seller will do seller financing with as little as 35% down, at 6% interest amortized over 25 years, due in 10 years. Buy this land now and make a fortune in near future.

Last Agent to Sell the Property

Mohammad Alam

ALAM REALTY License #01457818 Listed on: 06/04/2014

Last Buyer's Agent

Mohammad Alam

ALAM REALTY License #01457818 Listed on: 06/04/2014

Property Details

Property Type

  • Land

Lot Details

  • 77.49 Acre Lot
  • Property is zoned RS-10m

Property Views

  • Mountain
  • Desert
  • Valley

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Tract Number 17088
  • Assessor Parcel Number 0450191470000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RS-10m
  • Property Type: Land
  • Parcel Number: 0450191470000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.04

Exterior Features

  • View: Desert, Mountain(s), Valley

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Lot Size Sq Ft: 3375464.00
  • Lot Size Acres: 77.4900

Multi Family

  • Lot Size Area: 77.4900 Acres

Tax Info

  • Tax Tract Number: 17088
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 11, 2014
Sold by
Davis James Allen
Bought by
Nguyen Anh Ngoc
Seller's Agent
Mohammad Alam
ALAM REALTY
Buyer's Agent
Mohammad Alam
ALAM REALTY
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$187,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,909
Avg. Annual Appreciation
3.66%
Original Mortgage
$81,250
Outstanding Balance
$62,110
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Estimated Equity
$125,799

Purchase Details

Closed on
Aug 29, 2008
Sold by
Davis James Allen and Davis Dawn Marle
Bought by
Davis James Allen

Purchase Details

Closed on
Jun 10, 2004
Sold by
Uy Margaret Ann C
Bought by
Uy Edwin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Jbl Investments Inc
Bought by
Davis James Allen and Davis Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Nguyen Anh Ngoc $125,000 Fidelity National Title Co
Davis James Allen -- None Available
Uy Edwin S -- First American
Uy Richard S -- First American
Uy Susan S -- First American
Davis James Allen $413,000 First American
Ngoboc Dalmacio -- First American
Ngoboc Corazon -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Anh Ngoc $81,250
Previous Owner Davis James Allen $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2014 09/24/14 Sold $125,000 -7.4% --
09/02/2014 09/02/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $135,000 -- --
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 $1,968 $150,231 $150,231 --
2024 $1,922 $147,285 $147,285 --
2023 $1,896 $144,397 $144,397 $0
2022 $1,851 $141,566 $141,566 $0
2021 $1,815 $138,790 $138,790 $0
2020 $1,791 $137,367 $137,367 $0
2019 $1,757 $134,674 $134,674 $0
2018 $1,568 $132,033 $132,033 $0
2017 $1,539 $129,444 $129,444 $0
2016 $1,506 $126,906 $126,906 $0
2015 $1,486 $125,000 $125,000 $0
2014 $1,297 $108,500 $108,500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mohammad Alam

    ALAM REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14116626

California Regional Multiple Listing Service (CRMLS)

APN: 0450-191-47

California San Bernardino County Lucerne Valley 92356

32120 Agate Rd, Lucerne Valley, CA

Not Listed for Sale

Lots

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