NOT LISTED FOR SALE

Estimated Value: $382,000 - $469,990

4 Beds
4 Baths
1,442 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $329,000 $228 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,757/month

17 Days on Market

About This Home

As of December 2021

Palmdale duplex for sale. This is a great income property located on a corner lot. The front house has 3 bedrooms and 2 bathrooms, the largest bedroom and bath was converted to an extra unit and has a kitchenette in it. The back house is a 1 bedroom 1 bath with its own entrance and gated parking. The back unit has central heat and air conditioning. There is also a 2 car garage. There are long term tenants here who are paying rent regularly and take great care of the place. This property is sold with the tenants in place, submit offers subject to interior inspection. Property is sold as-is.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center License #01275725 Listed on: 10/29/2021

Keller Williams Realty World Media Center

Last Buyer's Agent

Monica Di Giulio

Real Brokerage Technologies License #02120989

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,712 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,442 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 18659
  • Assessor Parcel Number 3021028015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Professional Management Expense $1,200
  • Operating Expense $3,620
  • Gross Income $23,736
  • Net Operating Income $20,116

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3021028015
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 228.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6712.00
  • Lot Size Acres: 0.1541

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 23736.00
  • Gross Scheduled Income: 23736.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6712.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 20116.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3620.00
  • Rent Control: No
  • Total Actual Rent: 1978.00
  • Total Expenses: 3620.00

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 18659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Laoc Properties Llc
Bought by
Vallance Kenneth R and Vallance Nerza Anna
Current Estimated Value
$434,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2014
Sold by
Valley Industrial Properties Inc
Bought by
Laoc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,799
Interest Rate
3.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2012
Sold by
Valley Industrial Properties Inc
Bought by
Ad Hoc Properties Llc

Purchase Details

Closed on
Aug 17, 2011
Sold by
Federal National Mortgage Association
Bought by
Valley Industrial Properties

Purchase Details

Closed on
Mar 29, 2011
Sold by
Caceres Apolonio and Caceres Adriana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2007
Sold by
Ac Property Investments Inc
Bought by
Caceres Apolonio and Caceres Adriana

Purchase Details

Closed on
Aug 14, 2006
Sold by
Caceres Apolonio and Caceres Adriana
Bought by
Ac Property Investments Inc

Purchase Details

Closed on
Apr 11, 2006
Sold by
Caceres Apolonio
Bought by
Caceres Apolonio and Caceres Adriana

Purchase Details

Closed on
Oct 11, 2004
Sold by
Baracco Mildred
Bought by
Caceres Apolonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Baracco Frederick Italo
Bought by
Baracco Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Caceres Adriana
Bought by
Caceres Apolonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1995
Sold by
Baracco Italo and Baracco Mildred
Bought by
Baracco Frederick Italo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vallance Kenneth R $210,000 Pacific Coast Title Company
Laoc Properties Llc $109,500 Chicago Title
Ad Hoc Properties Llc $36,000 None Available
Valley Industrial Properties $70,000 Lawyers Title
Federal National Mortgage Association $63,100 Landsafe Title
Caceres Apolonio -- None Available
Ac Property Investments Inc -- Accommodation
Caceres Apolonio -- None Available
Caceres Apolonio $210,000 First American Title Company
Baracco Mildred -- First American Title Company
Baracco Mildred -- First American Title Company
Caceres Apolonio -- First American Title Company
Baracco Frederick Italo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallance Kenneth R $203,700
Previous Owner Laoc Properties Llc $73,799
Previous Owner Caceres Apolonio $168,000
Closed Caceres Apolonio $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $329,000 +1.2% $228 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $325,000 +54.8% $225 / Sq Ft
07/20/2017 07/20/17 Sold $210,000 -8.7% $146 / Sq Ft View Prior Sale
04/29/2017 04/29/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $230,000 -- $160 / 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 $5,752 $349,136 $51,998 $297,138
2024 $5,465 $342,291 $50,979 $291,312
2023 $5,413 $335,580 $49,980 $285,600
2022 $5,209 $329,000 $49,000 $280,000
2021 $4,094 $231,258 $57,814 $173,444
2020 $4,017 $228,888 $57,222 $171,666
2019 $3,974 $224,400 $56,100 $168,300
2018 $3,920 $220,000 $55,000 $165,000
2016 $2,951 $150,256 $30,457 $119,799
2015 $2,391 $102,000 $20,379 $81,621
2014 $2,373 $100,003 $19,980 $80,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21235679

California Regional Multiple Listing Service (CRMLS)

APN: 3021-028-015