B
Seller's Agent in 2013
Burton Young
Burton S. Young, Broker
(949) 705-5000
1 Total Sale
38675 12th St E Palmdale, CA 93550
East Palmdale Neighborhood
5
Beds
3
Baths
42,120
Sq Ft
1.98
Acre Lot
Highlights
- Gated Parking
- Contemporary Architecture
- Ceramic Countertops
- 1.98 Acre Lot
- Community Pool
- Accessible Parking
About This Home
As of May 2013The subject, includes two buildings consisting of six structures commonly known as the 12th Street Courtyard East Apartments is a 38-unit, 1985-construction, two-story townhome-style apartment project, located on the west side of 12th Street East, between Avenue Q and Palmdale Boulevard, in the city of Palmdale. This location is approximately 1 miles east of the Antelope Valley (14) Freeway. The project is situated on two parcels of land totaling 86,369 square feet, or 1.98-acres. The unit mix consists of 30 two-bedroom/one-and-one-halfbathroom townhome units and eight three-bedroom/two-bathroom townhome units. The subject s gross rentable area is about 42,120 square feet, indicating an average unit size of 1,108 square feet. Project amenities include two pools, remote accessed gated entry, onsite parking (garage/carport/open), two laundry facilities with 6 machines in each, barbeque area and on-site management.
Last Agent to Sell the Property
Burton S. Young, Broker License #01058300 Listed on: 12/12/2012
Last Buyer's Agent
Bruce Kwon
IRN Realty License #01035513
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985 | Remodeled
Lot Details
- 1.98 Acre Lot
- Lot Dimensions are 148x294
Home Design
- Contemporary Architecture
- Block Foundation
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 42,120 Sq Ft Home
- Multi-Level Property
- Decorative Fireplace
- Electric Fireplace
- Washer
Kitchen
- Electric Cooktop
- Ceramic Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 78 Parking Spaces
- Carport
- Single Garage Door
- Driveway
- Gated Parking
- Paved Parking
- On-Street Parking
- Off-Site Parking
- Assigned Parking
- Controlled Entrance
Accessible Home Design
- Accessible Parking
Utilities
- Forced Air Heating System
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 25
- Assessor Parcel Number 3015006015
Community Details
Overview
- 6 Buildings
- 38 Units
Recreation
- Community Pool
Building Details
- 40 Separate Electric Meters
- 39 Separate Gas Meters
- 40 Separate Water Meters
- Electric Expense $6,360
- Gardener Expense $4,551
- Insurance Expense $9,500
- Maintenance Expense $18,979
- Professional Management Expense $18,979
- Trash Expense $8,616
- Water Sewer Expense $6,840
- New Taxes Expense $53,151
- Gross Income $32,185
- Net Operating Income $222,976
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,150,000
Interest Rate
0.027%
Mortgage Type
Construction
Purchase Details
Listed on
Dec 12, 2012
Closed on
Apr 26, 2013
Sold by
Bought by
Seller's Agent
Burton Young
Burton S. Young, Broker
Buyer's Agent
Bruce Kwon
IRN Realty
List Price
$3,099,000
Sold Price
$3,050,000
Premium/Discount to List
-$49,000
-1.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,000
Interest Rate
0.036%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2010
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,750,000 | Fidelity National Title | ||
| $3,030,000 | Lawyers Title Company | ||
| $1,950,019 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $4,150,000 | ||
| Closed | $1,515,000 | ||
| Closed | $5,300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2013 05/03/13 | Sold | $3,050,000 | -1.6% | $72 / Sq Ft |
| 02/06/2013 02/06/13 | Pending | -- | -- | -- |
| 12/12/2012 12/12/12 | For Sale | $3,099,000 | -- | $74 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $52,570 | $3,173,688 | $476,269 | $2,697,419 |
| 2024 | $49,369 | $3,111,460 | $466,931 | $2,644,529 |
| 2023 | $48,955 | $3,050,452 | $457,776 | $2,592,676 |
| 2022 | $47,155 | $2,990,640 | $448,800 | $2,541,840 |
| 2021 | $46,263 | $2,932,000 | $440,000 | $2,492,000 |
| 2020 | $31,629 | $1,717,190 | $256,722 | $1,460,468 |
| 2019 | $31,311 | $1,683,633 | $251,689 | $1,431,944 |
| 2018 | $30,907 | $1,650,733 | $246,754 | $1,403,979 |
| 2016 | $28,831 | $1,581,156 | $237,173 | $1,343,983 |
| 2015 | $28,599 | $1,557,407 | $233,611 | $1,323,796 |
| 2014 | $29,810 | $1,526,900 | $229,035 | $1,297,865 |
Source: Public Records
Agents Affiliated with this Home
-
Burton Young
-
B
Buyer's Agent in 2013
Bruce Kwon
IRN Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S720402
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.
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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