$345,000
SOLD AUG 20, 2015

38509 5th St E Palmdale, CA 93550

East Palmdale Neighborhood
8 Beds
4 Baths
3,120 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

14 Days on Market

About This Home

As of December 2017

Standard sale 4 Unit apartment in Palmdale. Come take a look at this beautifully renovated apartment building in
Southeast Palmdale, minutes from the 138 and 14 freeways. Each unit 2 bedroom 1 baths, with covered carport, secured
storage shed and onsite laundry. New laminate floors, new kitchen cabinets, new bathrooms and appliances.

Last Agent to Sell the Property

Nick Nobuo Ichimaru

Reavans Real Estate & Investments License #00844993 Listed on: 01/16/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,169

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 3,120 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Location

  • Suburban Location

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 14561
  • Assessor Parcel Number 3008014013

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $3,130
  • Net Operating Income $3,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,169

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Other Phone Description: 310-320-0588
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 3008014013
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Bath
  • Price Per Square Foot: 110.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Income: 3130.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 3130.00
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 98
  • Tax Tract Number: 14561

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%
Total Days on Market
14
Current Estimated Value
$711,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,649
Avg. Annual Appreciation
6.52%
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:

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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 Type Sale Price Title Company
Grant Deed $445,000 Fidelity Sherman Oaks
Grant Deed $345,000 Old Republic Title Company
Grant Deed $245,000 Fatcola
Quit Claim Deed $210,000 Fidelity Van Nuys
Grant Deed $205,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $510,000 --
Grant Deed $84,000 Benefit Land Title Company
Trustee Deed $91,427 Fidelity National Title Ins
Individual Deed $86,500 Investors Title Company
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Company
Corporate Deed $56,000 First American Title Company
Trustee Deed $66,833 Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Previous Owner $333,750 New Conventional
Previous Owner $276,000 Adjustable Rate Mortgage/ARM
Previous Owner $153,750 New Conventional
Previous Owner $382,500 Negative Amortization
Previous Owner $58,800 No Value Available
Previous Owner $25,000 Stand Alone Second
Previous Owner $77,850 No Value Available
Previous Owner $66,400 No Value Available
Previous Owner $40,000 No Value Available
Closed $8,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
05/02/2013 05/02/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $204,000 -- $65 / 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
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

  • Nick Nobuo Ichimaru

    Seller's Agent in 2015

    Nick Nobuo Ichimaru

    Reavans Real Estate & Investments

    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    18 in this area

    5,588 Total Sales

    NoEmail NoEmail
    Section Image
  • Bryce Kawata

    Seller's Agent in 2013

    Bryce Kawata

    Keller Williams South Bay

    (310) 346-5999

    27 Total Sales

    Bryce Kawata
    Section Image

  • C

    Seller's Agent in 2013

    CONNIE CHOU

    Han Investment Group Inc.

    (626) 538-2868

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15010519

California Regional Multiple Listing Service (CRMLS)

APN: 3008-014-013

California Los Angeles County Palmdale 93550 East Palmdale

38509 5th St E, Palmdale, CA

This home is located at 38509 5th St E, Palmdale, CA 93550 and is currently priced at $345,000, approximately $110 per square foot. This property was built in 1973. 38509 5th St E is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Intermediate, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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