Seller's Agent in 2016
Katie Yau
Pinnacle Real Estate Group
(626) 922-6822
68 Total Sales
38502 Larkin Ave Palmdale, CA 93550
East Palmdale NeighborhoodEstimated Value: $775,000 - $841,154
8
Beds
7
Baths
3,940
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Gated Parking
- Cooling System Powered By Gas
- Tile Flooring
- No HOA
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of August 2016Good Investment Property with high cap rate. Well maintained 4 units income property close to metro and freeway. All units are 2 bedroom & 2 baths, condo style (except Unit #4D, 2bedr & 1 bath located upstairs). All units have been painted, carpet upstairs/tile downstairs replaced, central air/heat with patios. A lot of upgrades done recently, good tenants with stable rent. Three of the units are 2-story with both bedrooms upstairs. The 4th unit is a 2nd story unit. There are 6 private garages and a roomy private office. Laundry room on premises (not use). Property to be Sold-As-Is, no repair nor termite. City inspection is completed. Also, seller will not pay for home warranty or do any credit back to buyers. Property will not qualify for FHA.
Last Agent to Sell the Property
Pinnacle Real Estate Group License #01824795 Listed on: 06/02/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,217
Year Built
- Built in 1981
Lot Details
- 8,115 Sq Ft Lot
- 1 Common Wall
Parking
- 6 Car Garage
- Parking Available
- Single Garage Door
- Driveway
- Gated Parking
- Assigned Parking
Home Design
- Property Attached
- Shingle Roof
- Wood Siding
Interior Spaces
- 3,940 Sq Ft Home
- Blinds
- Carbon Monoxide Detectors
- Laundry Room
Kitchen
- Gas Cooktop
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- All Upper Level Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Powered By Gas
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 110
- Tax Tract Number 14561
- Assessor Parcel Number 3008014025
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,460
- Trash Expense $1,500
- Water Sewer Expense $900
- New Taxes Expense $6,136
- Gross Income $3,350
- Net Operating Income $29,004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2016
Closed on
Aug 1, 2016
Sold by
Yau Katie
Bought by
Myint Andy Kyaw and Mo Wei Lan
Seller's Agent
Katie Yau
Pinnacle Real Estate Group
Buyer's Agent
Daniel Castaneda
San Fernando Realty, Inc.
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,289
Avg. Annual Appreciation
7.97%
Original Mortgage
$303,750
Outstanding Balance
$243,667
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$567,348
Purchase Details
Listed on
May 20, 2014
Closed on
Jun 10, 2014
Sold by
Akrawi Matti
Bought by
Yau Katie
Seller's Agent
Kimberly Juday
The Market
Buyer's Agent
Katie Yau
Pinnacle Real Estate Group
List Price
$329,900
Sold Price
$330,000
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
10.40%
Original Mortgage
$231,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2013
Sold by
Ribeiro Bernardo
Bought by
Akrawi Sally
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2011
Sold by
Frakes Jon and Estate Of Raymond J Frakes
Bought by
Akrawi Matti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2011
Sold by
Akrawi Margrat
Bought by
Akrawi Matti
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 1998
Sold by
The Bank Of New York
Bought by
Frakes Raymond J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.11%
Purchase Details
Closed on
Sep 26, 1997
Sold by
Delgado Daniel and The Bank Of New York
Bought by
The Bank Of New York and Cwmbs Inc
Purchase Details
Closed on
Oct 2, 1995
Sold by
Woolfolk Herman O
Bought by
Delgado Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.92%
Purchase Details
Closed on
Dec 19, 1994
Sold by
Woolfolk Herman O and Woolfolk Deborah J
Bought by
Jerald A Peterson Family Trust
Purchase Details
Closed on
Sep 30, 1994
Sold by
Hud
Bought by
Woolfolk Herman O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.78%
Purchase Details
Closed on
Mar 24, 1994
Sold by
Professional Foreclosure Corp
Bought by
Citicorp Mtg Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Myint Andy Kyaw | $405,000 | Wfg National Title Company | |
| Yau Katie | $330,000 | Chicago | |
| Akrawi Matti | -- | Chicago Title Company | |
| Akrawi Sally | -- | Pacific Coast Title | |
| Akrawi Matti | -- | Pacific Coast Title | |
| Akrawi Matti | $220,000 | Stewart Title | |
| Akrawi Matti | -- | Stewart Title | |
| Frakes Raymond J | $72,000 | Landsafe Title | |
| The Bank Of New York | $74,700 | Landsafe Title | |
| Delgado Daniel | $135,000 | Stewart Title | |
| Jerald A Peterson Family Trust | -- | -- | |
| Woolfolk Herman O | $51,000 | First American Title Company | |
| Citicorp Mtg Inc | $154,622 | First Southwestern Title | |
| Hud | -- | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Myint Andy Kyaw | $303,750 | |
| Previous Owner | Yau Katie | $231,000 | |
| Previous Owner | Akrawi Matti | $159,000 | |
| Previous Owner | Akrawi Matti | $154,000 | |
| Previous Owner | Frakes Raymond J | $57,600 | |
| Previous Owner | Delgado Daniel | $121,500 | |
| Previous Owner | Woolfolk Herman O | $40,000 | |
| Closed | Woolfolk Herman O | $11,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2016 08/10/16 | Sold | $405,000 | +1.3% | $103 / Sq Ft |
| 06/23/2016 06/23/16 | Pending | -- | -- | -- |
| 06/02/2016 06/02/16 | For Sale | $400,000 | +21.2% | $102 / Sq Ft |
| 07/16/2014 07/16/14 | Sold | $330,000 | 0.0% | $84 / Sq Ft |
| 06/05/2014 06/05/14 | Pending | -- | -- | -- |
| 05/20/2014 05/20/14 | For Sale | $329,900 | -- | $84 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,217 | $470,031 | $69,632 | $400,399 |
| 2024 | $8,217 | $460,816 | $68,267 | $392,549 |
| 2023 | $8,143 | $451,781 | $66,929 | $384,852 |
| 2022 | $7,853 | $442,923 | $65,617 | $377,306 |
| 2021 | $7,678 | $434,239 | $64,331 | $369,908 |
| 2019 | $7,476 | $421,362 | $62,424 | $358,938 |
| 2018 | $7,373 | $413,100 | $61,200 | $351,900 |
| 2016 | $6,187 | $335,031 | $50,254 | $284,777 |
| 2015 | $6,133 | $330,000 | $49,500 | $280,500 |
| 2014 | $4,993 | $229,925 | $34,488 | $195,437 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Yau
-
Daniel Castaneda
D
Buyer's Agent in 2016
Daniel Castaneda
San Fernando Realty, Inc.
(818) 365-5671
1 in this area
6 Total Sales
-
Kimberly Juday
Seller's Agent in 2014
Kimberly Juday
The Market
(661) 917-9153
2 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR16118695
APN: 3008-014-025
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