NOT LISTED FOR SALE

38560 2nd St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $372,000 - $429,000

3 Beds
1 Bath
1,107 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $94,000 $85 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $2,281/month

49 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry Room
  • Tile Flooring
  • Attached Garage
  • Bungalow
  • Central Heating

About This Home

As of March 2013

Great starter home or investor rental, own for less then rent. New tile/carpet and fresh paint.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,760 Sq Ft Lot
  • Property is zoned LCR17000*

Parking

  • Attached Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 3008-019-013

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1107
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 81.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached

Utilities

  • Cooling: Evaporative
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 3008-019-013
  • Lot Size Area: 6760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2012
Closed on
Mar 20, 2013
Sold by
Myers Joshua G
Bought by
Erdman Daniel J
Seller's Agent
Genesis Investments Company
Buyer's Agent
Genesis Investments Company
List Price
$89,900
Sold Price
$94,000
Premium/Discount to List
$4,100
4.56%
Current Estimated Value
$398,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,480
Avg. Annual Appreciation
11.98%
Original Mortgage
$92,297
Outstanding Balance
$64,269
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$334,211

Purchase Details

Closed on
Mar 15, 2012
Sold by
Braden Michael D
Bought by
Achilles Profit Sharing & Trust Agreemen

Purchase Details

Closed on
Mar 30, 1999
Sold by
Vieane Virline D
Bought by
Vieane Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.1%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Vieane Rudy
Bought by
Braden Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.1%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Mtg Trust
Bought by
Vieane Rudy and Vieane Virline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
6.92%

Purchase Details

Closed on
Apr 23, 1998
Sold by
Stice Steven E
Bought by
Mtg Trust
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
Erdman Daniel J $94,000 Fidelity Van Nuys
Achilles Profit Sharing & Trust Agreemen $147,657 Chicago Title
Vieane Rudy -- Fidelity National Title Co
Braden Michael D $69,000 Fidelity National Title Co
Vieane Rudy $42,000 Chicago Title Co
Mtg Trust $42,837 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdman Daniel J $92,297
Previous Owner Braden Michael D $55,200
Previous Owner Vieane Rudy $43,200
Closed Braden Michael D $10,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2013 03/26/13 Sold $94,000 +4.6% $85 / Sq Ft
09/28/2012 09/28/12 For Sale $89,900 0.0% $81 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/18/2012 07/18/12 Price Changed $89,900 -4.9% $81 / Sq Ft
06/28/2012 06/28/12 Price Changed $94,500 -4.5% $85 / Sq Ft
06/08/2012 06/08/12 For Sale $99,000 -- $89 / Sq Ft
Source: The MLS

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 $2,400 $115,742 $23,144 $92,598
2024 $2,400 $113,474 $22,691 $90,783
2023 $2,384 $111,250 $22,247 $89,003
2022 $2,303 $109,069 $21,811 $87,258
2021 $2,248 $106,932 $21,384 $85,548
2019 $2,192 $103,761 $20,750 $83,011
2018 $2,162 $101,728 $20,344 $81,384
2016 $2,034 $97,780 $19,555 $78,225
2015 $2,014 $96,312 $19,262 $77,050
2014 $1,995 $94,426 $18,885 $75,541
Source: Public Records

Map

Source: The MLS

MLS Number: 12-605853

The MLS

APN: 3008-019-013

California Los Angeles County Palmdale 93550 East Palmdale

38560 2nd St E, Palmdale, CA

Not Listed for Sale

Detached

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