NOT LISTED FOR SALE

38425 2nd St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $440,935 - $588,000

3 Beds
3 Baths
1,675 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $265,000 $158 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,100/month

20 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Evaporated cooling system

About This Home

As of July 2018

Hard to find Investment Opportunity. 3 unit complex. Well maintained, Curb Appeal and in a corner lot. Easy access to freeways. Will not last. Priced to sell.

Last Agent to Sell the Property

Jessie Lam

The Real Estate Architects License #01825067 Listed on: 05/02/2018

Last Buyer's Agent

Mina Pourang

Better Loans & Homes Realty License #00969515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,411

Year Built

  • Built in 1953

Lot Details

  • 7,020 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 1,675 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Utilities

  • Evaporated cooling system
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 18623
  • Assessor Parcel Number 3008023010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,411

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LCR3*
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 3008023010
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1675.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 158.21

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Antelope

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7020.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9104.02
  • Tax Lot: 52
  • Tax Tract Number: 18623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 6, 2018
Sold by
Arroyos Lizbeth
Bought by
Arroyos Luis M
Seller's Agent
Jessie Lam
The Real Estate Architects
Buyer's Agent
Mina Pourang
Better Loans & Homes Realty
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Current Estimated Value
$504,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,978
Avg. Annual Appreciation
9.23%
Original Mortgage
$198,750
Outstanding Balance
$172,247
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$332,731

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 5, 2018
Sold by
Gonzalez Elias and Diaz Alejandro Gonzalez
Bought by
Arroyos Luis M
Seller's Agent
Jessie Lam
The Real Estate Architects
Buyer's Agent
Mina Pourang
Better Loans & Homes Realty
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$172,247
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$332,731

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 12, 2012
Sold by
Gonzalez Bertha Z
Bought by
Gonzalez Elias
Seller's Agent
Micah Kerrico
Keller Williams Realty A.V.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$96,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
May 25, 2012
Sold by
Javdan Fred
Bought by
Gonzalez Elias and Diaz Alejandro Gonzalez
Seller's Agent
Micah Kerrico
Keller Williams Realty A.V.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Lopez Porfirio Enriquez
Bought by
Javdan Fred

Purchase Details

Closed on
Mar 12, 2007
Sold by
Lopez Porfirio Enrique and Lopez Hilda
Bought by
Lopez Porfirio Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004
Sold by
Marquez Victor and Marquez Cecilia
Bought by
Lopez Porfirio and Lopez Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1993
Sold by
Marquez Victor and Marquez Cecilia
Bought by
Marquez Victor and Marquez Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.09%
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
Arroyos Luis M -- Stewart Title
Arroyos Luis M $265,000 Stewart Title
Gonzalez Elias -- --
Gonzalez Elias $135,000 Fatcola
Javdan Fred $97,000 None Available
Lopez Porfirio Enrique -- Alliance Title Company
Lopez Porfirio $174,000 Fatcola
Marquez Victor -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyos Luis M $198,750
Previous Owner Gonzalez Elias $96,750
Previous Owner Lopez Porfirio Enrique $291,750
Previous Owner Lopez Porfirio $139,200
Previous Owner Marquez Victor $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2018 07/12/18 Sold $265,000 -5.4% $158 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $280,000 0.0% $167 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $280,000 +107.4% $167 / Sq Ft
07/23/2012 07/23/12 Sold $135,000 -2.2% $81 / Sq Ft View Prior Sale
06/28/2012 06/28/12 Sold $138,000 -4.8% $82 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
05/14/2012 05/14/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $145,000 -- $87 / 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 $5,411 $295,606 $44,617 $250,989
2024 $5,411 $289,811 $43,743 $246,068
2023 $5,364 $284,130 $42,886 $241,244
2022 $5,176 $278,560 $42,046 $236,514
2021 $5,063 $273,099 $41,222 $231,877
2019 $4,934 $265,000 $40,000 $225,000
2018 $3,529 $146,102 $22,185 $123,917
2016 $3,334 $140,430 $21,324 $119,106
2015 $3,296 $138,321 $21,004 $117,317
2014 $3,268 $135,612 $20,593 $115,019
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jessie Lam

    The Real Estate Architects

    Section Image
  • Mina Pourang

    Buyer's Agent in 2018

    Mina Pourang

    Better Loans & Homes Realty

    (949) 202-7484

    2 Total Sales

    Mina Pourang
    Section Image
  • Kimberly Juday

    Seller's Agent in 2012

    Kimberly Juday

    The Market

    (661) 917-9153

    2 in this area

    43 Total Sales

    Kimberly Juday
    Section Image

  • M

    Seller's Agent in 2012

    Micah Kerrico

    Keller Williams Realty A.V.

  • U

    Buyer's Agent in 2012

    Unknown Member

    NON-MEMBER OFFICE

  • Susan Aragon

    Buyer's Agent in 2012

    Susan Aragon

    High Ten Partners, Inc.

    (626) 437-9975

    Susan Aragon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18105396

California Regional Multiple Listing Service (CRMLS)

APN: 3008-023-010

California Los Angeles County Palmdale 93550 East Palmdale

38425 2nd St E, Palmdale, CA

This home is located at 38425 2nd St E, Palmdale, CA 93550 since 02 May 2018 and is currently estimated at $504,978, approximately $301 per square foot. This property was built in 1953. 38425 2nd St E is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Magnet Academy, and Highland High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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