NOT LISTED FOR SALE

38544 9th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $387,000 - $459,000

3 Beds
3 Baths
1,800 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $325,000 $181 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,780/month

42 Days on Market

About This Home

As of December 2020

Great investment opportunity! 3 units, 1 beds 1 bathrooms each unit. Great Tenants, performing, 2 units recently upgraded, Great Location. estimated ROI 8%, how do you like that?

Last Agent to Sell the Property

Carlos Orellana

BGA Properties Inc. License #01940274 Listed on: 08/21/2020

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,800 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-038-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Capital Rate: 6.50
  • House Faces: E
  • Directions To Property: 14 N, Palmdale blvd East, left on 9th street to property
  • Income Producing: Yes
  • Listing Member Name: Carlos Orellana
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.87
  • Square Footage: 1800.00
  • Tract Suffix: Street
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 125000.00
  • Total Bathrooms: 3.00

Exterior Features

  • Exterior Construction: Brick, Frame, Stucco, Wood
  • Roof: Shingle

Garage/Parking

  • AdditionalInfoCoveredParkingSpaces: 3

Utilities

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

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.13
  • Zoning: PDC2*

Tax Info

  • Assessor Parcel Number: 3008-038-004

Multi Family

  • Number1 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 1, 2020
Sold by
Asemota Elliot Tommy and Asemota Radia Rustamovna
Bought by
Asemota Elliot Tommy and Asemota Nadia Rustamovna
Seller's Agent
Carlos Orellana
BGA Properties Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$435,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,475
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Oct 1, 2020
Sold by
Lastra Natasha A
Bought by
Asemota Elliot Tommy and Rizakoulova Nadejda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2011
Sold by
Bernard Xiomara
Bought by
Black Golden Llc

Purchase Details

Closed on
Oct 17, 2006
Sold by
Burgos Eric and Burgos Rosa
Bought by
Bernard Xiomara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2006
Sold by
Fajardo Pedro and Fajardo Pedro Antonio
Bought by
Burgos Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2005
Sold by
Vides Sonia
Bought by
Fajardo Pedro Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2002
Sold by
Richter Zoltan and Richter Julie
Bought by
Vides Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,682
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2001
Sold by
Marvin Frieder Md Inc Profit Sharing Tr and Leona
Bought by
Richter Zoltan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,700
Interest Rate
6.89%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Combe George and Marvin Frieder Md Inc
Bought by
Marvin Frieder Md Inc

Purchase Details

Closed on
Nov 6, 1995
Sold by
Boston Harbor Corp
Bought by
Combe George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.58%

Purchase Details

Closed on
Aug 1, 1994
Sold by
Gregory Gordon B and Gregory Roberta J
Bought by
Boston Harbor Corp
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
Asemota Elliot Tommy -- Corinthian Title Company
Asemota Elliot Tommy $325,000 Corinthian Title Company
Black Golden Llc -- Accommodation
Bernard Xiomara $365,000 Commonwealth
Burgos Eric $315,000 Financial Title Company
Fajardo Pedro Antonio $315,000 Ticor Title Co Glendale
Vides Sonia $158,000 Investors Title Company
Richter Zoltan $92,500 Fidelity National Title Co
Marvin Frieder Md Inc $39,614 Continental Lawyers Title Co
Combe George -- Orange Coast Title
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asemota Elliot Tommy $243,750
Previous Owner Bernard Xiomara $273,750
Previous Owner Burgos Eric $220,500
Previous Owner Fajardo Pedro Antonio $267,750
Previous Owner Vides Sonia $147,682
Previous Owner Richter Zoltan $64,700
Previous Owner Combe George $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $325,000 -13.3% $181 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $375,000 +158.6% $208 / Sq Ft
04/12/2012 04/12/12 Sold $145,000 +4.3% $81 / Sq Ft View Prior Sale
02/05/2012 02/05/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $139,000 -- $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 $6,077 $351,789 $54,121 $297,668
2024 $6,077 $344,892 $53,060 $291,832
2023 $6,024 $338,130 $52,020 $286,110
2022 $5,807 $331,500 $51,000 $280,500
2021 $5,686 $325,000 $50,000 $275,000
2020 $3,802 $166,527 $32,156 $134,371
2019 $3,765 $163,263 $31,526 $131,737
2018 $3,716 $160,062 $30,908 $129,154
2016 $3,509 $153,848 $29,708 $124,140
2015 $3,472 $151,538 $29,262 $122,276
2014 $3,444 $148,570 $28,689 $119,881
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
    Section Image

  • U

    Buyer's Agent in 2020

    Unknown Member

    NON-MEMBER OFFICE

  • H

    Seller's Agent in 2012

    HeJung Hong

    Lenders Realty Inc.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 20006641

Greater Antelope Valley Association of REALTORS®

APN: 3008-038-004

California Los Angeles County Palmdale 93550 East Palmdale

38544 9th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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