NOT LISTED FOR SALE

38521 10th Place E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $577,000 - $708,000

4 Beds
4 Baths
2,400 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $320,000 $133 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,018/month

66 Days on Market

About This Home

As of June 2016

Great Investment Opportunity. Four unit one story homes. Fully occupied. No rent control. Easy access to Fwy, schools, shopping and hospitals. These 4 homes have 1 bedroom, 1 bath, spacious living room, kitchen, and dinning area. These homes are gated. Monthly rental income is $2580.

Last Agent to Sell the Property

Kenneth Yu

HomeBased Realty License #01471284 Listed on: 01/26/2016

Co-Listed By

Janet Yu

HomeBased Realty License #01484453

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 2,400 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3015-003-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: From 14 Hwy, east on Palmdale Blvd to 10th St E, north to E Ave. Q5, turn right to 10th Pl.
  • Income Producing: Yes
  • Listing Member Name: Kenneth S Yu
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.98
  • Square Footage: 2400.00
  • Tract Suffix: Place
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 81250.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 4
  • AdditionalInfoCoveredParkingSpaces: 4
  • AdditionalInfoParkingSpaces: 5

Utilities

  • Cooling Type: Room Refrig Air
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.18
  • Zoning: PDR3*

Rental Info

  • Pet Deposit: 5000

Tax Info

  • Assessor Parcel Number: 3015-003-017

Multi Family

  • Number1 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 11, 2016
Sold by
Min Soong Ki
Bought by
Pokpongklat Si and Pokpongkiat Panchit
Seller's Agent
Kenneth Yu
HomeBased Realty
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$655,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,092
Avg. Annual Appreciation
7.78%
Original Mortgage
$240,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2014
Sold by
Min Helen Myeongheui
Bought by
Min Soong Ki

Purchase Details

Listed on
Aug 31, 2012
Closed on
Dec 17, 2012
Sold by
Martinez Jorge
Bought by
Min Helen Myeongheui
Seller's Agent
Carlos Orellana
BGA Properties Inc.
Buyer's Agent
Carlos Orellana
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Apr 15, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Martinez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2008
Sold by
Claros Salvador G and Claros Maria T
Bought by
Hsbc Bank Usa Na and Nomura Asset Acceptance Corp Mortgage Pa

Purchase Details

Closed on
Mar 23, 2005
Sold by
Campos Jorge
Bought by
Claros Salvador G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2003
Sold by
Rivera Angel M and Rivera Alma
Bought by
Campos Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Jamir Enrique
Bought by
Rivera Angel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.21%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Jamir Remedios S
Bought by
Jamir Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1998
Sold by
Gemigniani Edward and Gemigniani Charlotte
Bought by
Jamir Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1995
Sold by
Meurer William H and Meurer Terry A
Bought by
Gemigniani Edward and Gemigniani Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 1995
Sold by
Orozco Arthur A and Orozco Kathy
Bought by
Meurer William H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pokpongklat Si $320,000 Fidelity National Title
Min Soong Ki -- None Available
Min Helen Myeongheui $188,000 Lawyers Title
Martinez Jorge $165,000 Stewart Title
Hsbc Bank Usa Na $324,077 None Available
Claros Salvador G $390,000 Fidelity National Title Co
Campos Jorge $185,000 Atc
Rivera Angel M $112,000 North American Title Co
Jamir Enrique -- American Title
Jamir Enrique $25,000 American Title Co
Gemigniani Edward $75,000 Fidelity National Title
Meurer William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pokpongklat Si $240,000
Previous Owner Martinez Jorge $162,011
Previous Owner Claros Salvador G $312,000
Previous Owner Campos Jorge $140,000
Previous Owner Rivera Angel M $100,800
Previous Owner Jamir Enrique $76,500
Previous Owner Gemigniani Edward $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2016 06/10/16 Sold $320,000 -1.5% $133 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $325,000 +72.9% $135 / Sq Ft
01/08/2013 01/08/13 Sold $188,000 -3.6% $78 / Sq Ft View Prior Sale
12/06/2012 12/06/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $195,000 -- $81 / 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 $7,036 $378,806 $56,818 $321,988
2024 $7,036 $371,379 $55,704 $315,675
2023 $6,974 $364,098 $54,612 $309,486
2022 $6,731 $356,960 $53,542 $303,418
2021 $6,580 $349,962 $52,493 $297,469
2019 $6,415 $339,584 $50,937 $288,647
2018 $6,328 $332,927 $49,939 $282,988
2016 $5,353 $268,026 $40,610 $227,416
2015 $5,301 $264,000 $40,000 $224,000
2014 $4,442 $188,853 $28,127 $160,726
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kenneth Yu

    HomeBased Realty

  • J

    Seller Co-Listing Agent in 2016

    Janet Yu

    HomeBased Realty

  • U

    Buyer's Agent in 2016

    Unknown Member

    NON-MEMBER OFFICE

  • C

    Seller's Agent in 2013

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16000890

Greater Antelope Valley Association of REALTORS®

APN: 3015-003-017

California Los Angeles County Palmdale 93550 East Palmdale

38521 10th Place E, Palmdale, CA

Not Listed for Sale

MultiFamily

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