NOT LISTED FOR SALE

38457 Larkin Ave Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $637,000 - $792,000

6 Beds
6 Baths
2,736 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $280,000 $102 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,273/month

18 Days on Market

About This Home

As of August 2017

What a great opportunity!! This triplex has fantastic potential and could be a great income producing property when it is restored to it's glory!! Each unit has 2 bedrooms and 2 bathrooms and a nice floor plan. Each unit also has washer/dryer hook-ups. Come check it out for yourself before it's too late!

Last Agent to Sell the Property

Andrea Castaneda

RE/MAX All-Pro License #01375307 Listed on: 07/13/2017

RE/MAX All-Pro

Last Buyer's Agent

Fabiola Cardenas

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,276

Home Design

  • 2,736 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-015-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions To Property: Palmdale Blvd, North on 5th St East, left on Q7, right on Larkin, property is on left
  • Listing Member Name: Andrea P Castaneda
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.08
  • Square Footage: 2736.00
  • Tract Suffix: Avenue
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 86633.33
  • Total Bathrooms: 6.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.19
  • Zoning: PDR3

Tax Info

  • Assessor Parcel Number: 3008-015-015

Multi Family

  • Number2 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 15, 2017
Sold by
Cardenas Fabiola
Bought by
Saldivar Luis
Seller's Agent
Andrea Castaneda
RE/MAX All-Pro
Buyer's Agent
Fabiola Cardenas
Intero Real Estate Services
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%
Current Estimated Value
$704,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,667
Avg. Annual Appreciation
11.63%
Original Mortgage
$224,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 3, 2017
Sold by
The Bank Of New York Mellon
Bought by
Saldivar Luis
Seller's Agent
Andrea Castaneda
RE/MAX All-Pro
Buyer's Agent
Fabiola Cardenas
Intero Real Estate Services
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%

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
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2017
Sold by
Yoon Erica
Bought by
The Bank Of New York Mellon and The Bank Of New York

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
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Yoon Erica
Bought by
Larkin 38457 Trust and Trust Holding Service Co

Purchase Details

Closed on
Jan 11, 2006
Sold by
Yoon Deok Joong
Bought by
Yoon Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
Sold by
Penn Roy A
Bought by
Yoon Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1999
Sold by
Calderon Consuelo
Bought by
Penn Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,480
Interest Rate
7.82%
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
Saldivar Luis -- Servicelink
Saldivar Luis $280,000 Servicelink
The Bank Of New York Mellon $345,000 Accommodation
Larkin 38457 Trust -- None Available
Yoon Erica -- Chicago Title Co
Yoon Erica $500,000 Chicago Title
Penn Roy A $83,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Saldivar Luis $224,000
Previous Owner Yoon Erica $375,000
Previous Owner Penn Roy A $61,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $280,000 +7.7% $102 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $259,900 -- $95 / 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 $7,058 $392,545 $62,578 $329,967
2024 $6,629 $384,849 $61,351 $323,498
2023 $6,572 $377,304 $60,149 $317,155
2022 $6,333 $369,907 $58,970 $310,937
2021 $6,200 $362,655 $57,814 $304,841
2019 $6,032 $351,900 $56,100 $295,800
2018 $5,948 $345,000 $55,000 $290,000
2016 $3,538 $150,114 $37,527 $112,587
2015 $3,503 $147,860 $36,964 $110,896
2014 $3,480 $144,964 $36,240 $108,724
Source: Public Records

Agents Affiliated with this Home

  • Andrea Castaneda

    Seller's Agent in 2017

    Andrea Castaneda

    RE/MAX

    (661) 816-4983

    7 in this area

    144 Total Sales

    Andrea Castaneda
    Section Image

  • F

    Buyer's Agent in 2017

    Fabiola Cardenas

    Intero Real Estate Services

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17006733

Greater Antelope Valley Association of REALTORS®

APN: 3008-015-015

California Los Angeles County Palmdale 93550 East Palmdale

38457 Larkin Ave, Palmdale, CA

Not Listed for Sale

MultiFamily

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