NOT LISTED FOR SALE

38509 5th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $657,000 - $794,292

8 Beds
4 Baths
3,120 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $445,000 $143 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,602/month

6 Days on Market

About This Home

As of December 2017

Great investment opportunity, don't let this one pass by! Great Location. Building built in 1973. All units has been remodeled. 4 Unit apartment building, 4 two bedroom/ one bath. 4 covered parking spaces.

Last Agent to Sell the Property

Ryan Call

License #01738456 Listed on: 10/20/2017

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,169

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • 3,120 Sq Ft Home
  • Tile Roof
  • Concrete Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-014-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,169

Year Built

Built in 1973

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Palmdale Blvd & 5th Street East & ave Q-7
  • Listing Member Name: Ryan Call
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.99
  • Square Footage: 3120.00
  • Tract Suffix: Street
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 112500.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Concrete
  • Roof: Tile

Utilities

  • Cooling Type: None
  • HeatingTypes: None

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.19
  • Zoning: r4

Tax Info

  • Assessor Parcel Number: 3008-014-013

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 2.00
  • Number 4 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 2, 2017
Sold by
Obadeyi Abayomi A
Bought by
Sequeira Roberto Jose and Schoenwetter Melissa
Seller's Agent
Ryan Call
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$744,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,573
Avg. Annual Appreciation
6.72%
Original Mortgage
$333,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2015
Sold by
Reavans Tur Reo I Llc
Bought by
Obadeyi Abayomi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 30, 2013
Closed on
Oct 9, 2013
Sold by
Sbc Real Property Management Llc
Bought by
Reavans Tur Reo I Llc
Seller's Agent
CONNIE CHOU
Han Investment Group Inc.
Buyer's Agent
CONNIE CHOU
Han Investment Group Inc.
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Listed on
Feb 15, 2013
Closed on
May 21, 2013
Sold by
Wolkowitz Edward N
Bought by
Sbc Real Property Management Llc
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryce Kawata
Keller Williams South Bay
List Price
$204,000
Sold Price
$210,000
Premium/Discount to List
$6,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.02%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Padilla Felicidad P
Bought by
Fernandez Yasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Padilla Felicidad P
Bought by
Padilla Felicidad P and Felicidad P Padilla Living Trust

Purchase Details

Closed on
Jun 10, 2005
Sold by
Frakes Raymond J
Bought by
Padilla Felicidad P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 2, 1999
Sold by
Bankers Trust Company
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
$58,800
Interest Rate
3.35%

Purchase Details

Closed on
Jun 3, 1999
Sold by
Cheatom Carol J
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Aug 4, 1997
Sold by
Smith Scot Christian
Bought by
Cheatom Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,850
Interest Rate
11.25%

Purchase Details

Closed on
Jul 21, 1995
Sold by
Fuller Leslie
Bought by
Smith Scot Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.58%

Purchase Details

Closed on
Jan 26, 1995
Sold by
Fuller Janet Cathryn
Bought by
Fuller Leslie

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
9.21%

Purchase Details

Closed on
Dec 27, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fuller Leslie

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
9.21%

Purchase Details

Closed on
Aug 5, 1994
Sold by
T D Service Company
Bought by
Federal Home Loan Mortgage Corporation
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
Sequeira Roberto Jose $445,000 Fidelity Sherman Oaks
Obadeyi Abayomi A $345,000 Old Republic Title Company
Reavans Tur Reo I Llc $245,000 Fatcola
Sbc Real Property Management Llc $210,000 Fidelity Van Nuys
Fernandez Yasmin $205,000 Chicago Title Company
Padilla Felicidad P -- None Available
Padilla Felicidad P $510,000 --
Frakes Raymond J $84,000 Benefit Land Title Company
Amresco Residential Securities Corp Mtg $91,427 Fidelity National Title Ins
Cheatom Carol J $86,500 Investors Title Company
Smith Scot Christian -- --
Fuller Leslie -- First American Title Company
Fuller Leslie $56,000 First American Title Company
Federal Home Loan Mortgage Corporation $66,833 Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sequeira Roberto Jose $333,750
Previous Owner Obadeyi Abayomi A $276,000
Previous Owner Fernandez Yasmin $153,750
Previous Owner Padilla Felicidad P $382,500
Previous Owner Frakes Raymond J $58,800
Previous Owner Cheatom Carol J $77,850
Previous Owner Smith Scot Christian $66,400
Previous Owner Fuller Leslie $40,000
Closed Smith Scot Christian $8,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Sold $445,000 -1.1% $143 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $450,000 +30.4% $144 / Sq Ft
08/20/2015 08/20/15 Sold $345,000 0.0% $111 / Sq Ft View Prior Sale
01/30/2015 01/30/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $345,000 +40.8% $111 / Sq Ft
10/17/2013 10/17/13 Sold $245,000 -3.9% $79 / Sq Ft View Prior Sale
10/14/2013 10/14/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $255,000 +21.4% $82 / Sq Ft
05/23/2013 05/23/13 Sold $210,000 +2.9% $67 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $204,000 -- $65 / 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 $8,169 $506,329 $79,646 $426,683
2024 $8,169 $496,402 $78,085 $418,317
2023 $8,095 $486,669 $76,554 $410,115
2022 $7,785 $477,127 $75,053 $402,074
2021 $7,613 $467,773 $73,582 $394,191
2019 $7,396 $453,900 $71,400 $382,500
2018 $7,288 $445,000 $70,000 $375,000
2016 $5,845 $345,000 $52,000 $293,000
2015 $4,835 $249,894 $62,524 $187,370
2014 -- $245,000 $61,300 $183,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Call

  • U

    Buyer's Agent in 2017

    Unknown Member

    NON-MEMBER OFFICE

  • N

    Seller's Agent in 2015

    Nick Ichimaru

    Reavans Real Estate & Investments

    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    21 in this area

    6,078 Total Sales

    NoEmail NoEmail
    Section Image
  • Bryce Kawata

    Seller's Agent in 2013

    Bryce Kawata

    Keller Williams South Bay

    (310) 346-5999

    25 Total Sales

    Bryce Kawata
    Section Image

  • C

    Seller's Agent in 2013

    CONNIE CHOU

    Han Investment Group Inc.

    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17010116

Greater Antelope Valley Association of REALTORS®

APN: 3008-014-013

California Los Angeles County Palmdale 93550 East Palmdale

38509 5th St E, Palmdale, CA

Not Listed for Sale

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