NOT LISTED FOR SALE

38541 5th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $452,751 - $759,000

8 Beds
4 Baths
3,120 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $218,000 $70 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,688/month

19 Days on Market

About This Home

As of July 2013

Lovely four-plex located near everything! -- Convenient access to nearby restaurants; metrolink station; shops and grocery stores. Each unit is 2 bed, 1 bath, approximately 800 sq ft each. Kitchens and bathrooms offer granite counters; Roof is 5 years old (approx) Owner has updated certain units *fresh paint *new laminate wood flooring; other units need some repairs/tlc. Laundry room is located on bottom floor; gated carport parking for added security. Each unit has its own meter & water heater. This one wont last long! Cash offers preferred.

Last Agent to Sell the Property

Carol Laffite

RE/MAX All-Pro License #01452108 Listed on: 04/24/2013

RE/MAX All-Pro

Last Buyer's Agent

Carlos Paiz

PLI Realty Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • 3,120 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Refrigerated and Evaporative Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-014-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: From 14 freeway, exit Palmdale Blvd, head east. At 5th St West, turn left.
  • Income Producing: Yes
  • Listing Member Name: Carol Laffite
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.91
  • Square Footage: 3120.00
  • Tract Suffix: Street
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 59975.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco

Garage/Parking

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

Utilities

  • Cooling Type: Central Air/Refrig, Room Refrig Air
  • HeatingTypes: Central Heat/Elec

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.19
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-014-008

Multi Family

  • Number2 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2014
Sold by
Myers Brent Allan
Bought by
Myers Brent A and Myers Family Trust
Current Estimated Value
$618,688

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jul 23, 2013
Sold by
Cst Investments Group Llc
Bought by
Myers Brent Allan
Seller's Agent
Carol Laffite
RE/MAX All-Pro
Buyer's Agent
Carlos Paiz
PLI Realty Inc.
List Price
$239,900
Sold Price
$218,000
Premium/Discount to List
-$21,900
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Jul 27, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Cst Investment Group Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Dela Cruz Wilgard E and De La Cruz Wilgard E
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 13, 2005
Sold by
Frakes Raymond J and A V Property Investment Co
Bought by
Delacruz Wilgard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Trust Goodrow Donald C Co Tr Goodrow Fam and Goodrow Rosalyn
Bought by
Frakes Raymond J and A V Property Investment Co

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
7.05%
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
Myers Brent A -- None Available
Myers Brent Allan $218,000 Chicago Title Company
Cst Investment Group Llc $205,000 Chicago
Hsbc Bank Usa National Association $193,439 None Available
Delacruz Wilgard E $510,000 --
Frakes Raymond J $72,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delacruz Wilgard E $459,000
Previous Owner Frakes Raymond J $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $218,000 -9.1% $70 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $239,900 -- $77 / 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 $5,418 $269,680 $40,450 $229,230
2024 $5,418 $264,393 $39,657 $224,736
2023 $5,370 $259,210 $38,880 $220,330
2022 $5,181 $254,128 $38,118 $216,010
2021 $5,038 $249,146 $37,371 $211,775
2019 $4,913 $242,758 $36,263 $206,495
2018 $4,844 $238,018 $35,552 $202,466
2016 $4,530 $227,816 $34,172 $193,644
2015 $4,479 $224,395 $33,659 $190,736
2014 -- $220,000 $33,000 $187,000
Source: Public Records

Agents Affiliated with this Home

  • Carol Laffite

    Seller's Agent in 2013

    Carol Laffite

    RE/MAX

    (800) 336-3629

    5 in this area

    77 Total Sales

    Carol Laffite
    Section Image

  • C

    Buyer's Agent in 2013

    Carlos Paiz

    PLI Realty Inc.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1304227

Greater Antelope Valley Association of REALTORS®

APN: 3008-014-008

California Los Angeles County Palmdale 93550 East Palmdale

38541 5th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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