NOT LISTED FOR SALE

38451 88th St E Palmdale, CA 93552

Estimated Value: $320,000 - $407,000

2 Beds
1 Bath
825 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $200,000 $242 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,087/month

Highlights

  • Horse Property
  • No HOA
  • Rectangular Lot
  • Ranch Style House
  • Dining Area
  • Carpet

About This Home

As of October 2018

Super cute home with large lot. Nice floorplan. Good use of space. New interior paint. New exterior paint. New roof. New kitchen cabinets. New appliances. New flooring. New low flow commode. New window treatments. New water heater. New cooling system. More than half acre of land. Potential truck, boat, RV, trailer access. Close in location. Easy access to transportation, shopping and services. USDA, VA, FHA and conventional financing terms. Quick delivery home. Home shows very well.

Last Agent to Sell the Property

Robert Mestepey

Castlestone Properties, Inc. License #00863813 Listed on: 08/20/2018

Co-Listed By

Mark Mestepey

Castlestone Properties, Inc. License #01991537

Last Buyer's Agent

Brian Watters

Realty Executives Platinum License #01748905

Realty Executives Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1955

Lot Details

  • 0.55 Acre Lot
  • Back Yard Fenced
  • Rectangular Lot
  • Property is zoned LCRA10000

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Concrete Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 825 Sq Ft Home
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Horse Property

Utilities

  • Propane
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3027-011-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,673

Year Built

Built in 1955

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Take Palmdale Bl. to 88th Street East then North to the property.
  • Listing Member Name: Robert Mestepey
  • Listing Office Short Id: 6164
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220401077154000000
  • Prop. Type: A
  • Selling Member Short Id: 73025
  • Selling Office Short Id: 2761
  • Sp Percent Lp: 0.95
  • Square Footage: 825.00
  • Tract Suffix: Street
  • Year Built: 1955
  • Tax Legal Tract Number: R S 64-50
  • Other Features Comments: YES
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Ranch, Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • AppliancesComments: Propane gas.
  • Basement Full Bathrooms: 1
  • Dining Room: Dining Area
  • Fireplace: None
  • Flooring: Carpet, Linoleum, Vinyl

Exterior Features

  • Exterior Construction: Frame
  • Roof: Composition
  • Exterior Features: Pets Allowed
  • Fencing: Back Yard
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: None

Utilities

  • Sewer: Septic System
  • Hot Water: Public Utility
  • Utilities: Cable TV, Internet, Propane

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.55
  • Zoning: LCRA10000
  • Horse Property: Yes

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: 3000

Tax Info

  • Assessor Parcel Number: 3027-011-029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 11, 2018
Sold by
Scsfr Investments Inc
Bought by
Martinez Angelo and Medina Renee D
Seller's Agent
Robert Mestepey
Castlestone Properties, Inc.
Buyer's Agent
Brian Watters
Realty Executives Platinum
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$351,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,637
Avg. Annual Appreciation
8.38%
Original Mortgage
$7,000
Outstanding Balance
$6,092
Interest Rate
4.5%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$345,545

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 1, 2018
Sold by
Pineda Stephanie Raquelle
Bought by
Scsfr Investments Inc
Seller's Agent
Rodney Gallman
Citihome
Buyer's Agent
Robert Mestepey
Castlestone Properties, Inc.
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
772.41%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Pineda Maria
Bought by
Pineda Maria and Maria Pineda 2015 Revocable Trust

Purchase Details

Closed on
Sep 30, 2004
Sold by
Sierra Felix
Bought by
Pineda Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Pineda Juan and Pineda Maria
Bought by
Pineda Maria

Purchase Details

Closed on
Jul 8, 2004
Sold by
Sierra Felix
Bought by
Pineda Juan

Purchase Details

Closed on
Nov 15, 1994
Sold by
Va
Bought by
Sierra Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
9.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Martinez Angelo $200,000 Fidelity National Title Comp
Scsfr Investments Inc $100,000 Fidelity National Title Comp
Pineda Maria -- None Available
Pineda Maria -- Old Republic Title Company
Pineda Maria -- Old Republic Title Company
Pineda Maria -- --
Pineda Juan -- --
Sierra Felix $40,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Angelo $7,000
Previous Owner Pineda Maria $101,500
Previous Owner Sierra Felix $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2018 10/10/18 Sold $200,000 -4.7% $242 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $209,900 +109.9% $254 / Sq Ft
06/15/2018 06/15/18 Sold $100,000 -20.0% $121 / Sq Ft View Prior Sale
05/30/2018 05/30/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $125,000 -- $152 / 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 $2,673 $223,099 $145,350 $77,749
2024 $2,673 $218,725 $142,500 $76,225
2023 $2,616 $214,437 $139,706 $74,731
2022 $2,570 $210,233 $136,967 $73,266
2021 $2,524 $206,112 $134,282 $71,830
2019 $2,448 $200,000 $130,300 $69,700
2018 $1,969 $156,798 $30,620 $126,178
2016 $1,610 $129,300 $25,200 $104,100
2015 $1,428 $113,200 $22,100 $91,100
2014 -- $81,000 $15,800 $65,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 18008830

Greater Antelope Valley Association of REALTORS®

APN: 3027-011-029