NOT LISTED FOR SALE

Estimated Value: $529,000 - $547,000

4 Beds
4 Baths
2,332 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $320,000 $137 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,562/month

14 Days on Market

About This Home

As of February 2019

Great income property. Easy to own and operate. Large single level units. Tenants pay all utilities except water. Each unit is rented at $1,195 per month. $2,390 monthly gross income. $28,680 gross yearly income. Both units are 2 bedrooms 2 bathrooms. Attached garages. Units rent immediately. Very well maintained.

Last Agent to Sell the Property

Robert Mestepey

Castlestone Properties, Inc. License #00863813 Listed on: 11/20/2018

Last Buyer's Agent

Mario Medrano

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 1978

Lot Details

  • 7,405

Home Design

  • 2,332 Sq Ft Home
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3142-008-072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,291

Year Built

Built in 1978

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: West of 5th Street East. Located on Lancaster Bl.
  • Income Producing: Yes
  • Listing Member Name: Robert Mestepey
  • Listing Office Short Id: 6164
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220401077154000000
  • Prop. Type: E
  • Selling Member Short Id: 98801
  • Selling Office Short Id: 7506
  • Sp Percent Lp: 1.00
  • Square Footage: 2332.00
  • Tract Suffix: Boulevard
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 159950.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Frame
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.17
  • Zoning: LRR3

Rental Info

  • Pet Deposit: 10000

Tax Info

  • Assessor Parcel Number: 3142-008-072

Multi Family

  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Narcizo-Toribio Damian and Toribio Luis Oscar
Bought by
Narcizo Real Estate Llc
Current Estimated Value
$539,495

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 30, 2019
Sold by
Gonzalez Juanita
Bought by
Toribio Luis Oscar Narcizo
Seller's Agent
Robert Mestepey
Castlestone Properties, Inc.
Buyer's Agent
Mario Medrano
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$224,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2018
Sold by
Norlaco Rentals Llc
Bought by
Narcizo Toribio Damian and Toribio Luis Oscar Narcizo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2014
Sold by
Walls Dock
Bought by
Norlaco Rentals Llc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Walls Dock and Walls Doris E
Bought by
Walls Dock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,453
Interest Rate
5.57%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2001
Sold by
Brown Donald E and Brown Yvonne
Bought by
Bryant Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 2001
Sold by
Brown Donald E and Brown Yvonne
Bought by
Walls Dock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back
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
Narcizo Real Estate Llc -- None Listed On Document
Toribio Luis Oscar Narcizo -- Fidelity National Title Comp
Narcizo Toribio Damian -- Fidelity National Title Comp
Norlaco Rentals Llc $136,700 None Available
Walls Dock -- Fidelity National Title Co
Bryant Joel T $42,000 Fidelity National Title Co
Walls Dock -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narcizo Toribio Damian $224,000
Previous Owner Norlaco Rentals Llc $109,360
Previous Owner Walls Dock $240,000
Previous Owner Walls Dock $152,453
Previous Owner Bryant Joel T $118,000
Previous Owner Walls Dock $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $320,000 0.0% $137 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $319,900 -- $137 / 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 $7,291 $513,060 $154,020 $359,040
2024 $7,291 $503,000 $151,000 $352,000
2023 $5,262 $343,103 $53,609 $289,494
2022 $5,164 $336,376 $52,558 $283,818
2021 $5,075 $329,781 $51,528 $278,253
2020 $5,016 $326,400 $51,000 $275,400
2019 $3,347 $181,316 $27,470 $153,846
2018 $3,291 $177,762 $26,932 $150,830
2016 $2,963 $170,861 $25,887 $144,974
2015 $2,926 $168,296 $25,499 $142,797
2014 $2,365 $125,000 $31,300 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 18012377

Greater Antelope Valley Association of REALTORS®

APN: 3142-008-072