NOT LISTED FOR SALE

38715 Larkin Ave Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $639,000 - $783,000

8 Beds
5 Baths
3,558 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $360,000 $101 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,484/month

28 Days on Market

About This Home

As of September 2016

Excellent opportunity, near by everything. This is a four-plex fully occupied and income producer. Newer ceramic tile, newer paint, new fixtureson each unit. Ready to go.

Last Agent to Sell the Property

Carlos Orellana

BGA Properties Inc. License #01940274 Listed on: 07/17/2016

Last Buyer's Agent

Kenneth Yu

Keller Williams Realty A.V.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,841

Home Design

  • 3,558 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-008-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions To Property: going East on Palmdale Blvd. turn left on 5th St E, left on Q7, turn right on Larkin Av to the property.
  • Income Producing: Yes
  • Listing Member Name: Carlos Orellana
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.97
  • Square Footage: 3558.00
  • Tract Suffix: Avenue
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 92500.00
  • Total Bathrooms: 5.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.18
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-008-024

Multi Family

  • Number1 Bedroom Units: 1.00
  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Ki Min Soong
Bought by
Soong Ki Min Living Trust
Current Estimated Value
$735,240

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 22, 2016
Sold by
Semler Shane
Bought by
Min Soong Ki
Seller's Agent
Carlos Orellana
BGA Properties Inc.
Buyer's Agent
Kenneth Yu
Keller Williams Realty A.V.
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Federal National Mortgage Association
Bought by
Semler Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Marroquin Teresa M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2008
Sold by
Marroquin Carlos E
Bought by
Marroquin Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2008
Sold by
Ford Investment Group
Bought by
Marroquin Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2005
Sold by
Lavi Mike and Lavi Massoud
Bought by
Lavi Mike and Lavi Trust

Purchase Details

Closed on
Apr 10, 2002
Sold by
Tdc Pacific Properties Inc
Bought by
Lavi Massoud

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
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Dillard Kevin R
Bought by
Tdc/Pacific Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.21%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Voight Michael
Bought by
Dillard Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.32%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 5, 1994
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Voight Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.38%

Purchase Details

Closed on
Apr 12, 1994
Sold by
California Federal Bank
Bought by
Berkeley Federal Bank & Trust Fsb

Purchase Details

Closed on
Mar 28, 1994
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank Fsb
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
Soong Ki Min Living Trust -- None Listed On Document
Min Soong Ki $360,000 Fatcola
Semler Shane $190,000 Lsi Title Company Inc
Federal National Mortgage Association $315,799 Accommodation
Marroquin Teresa M -- First American Title Company
Marroquin Teresa M $400,000 First American Title Company
Ford Investment Group -- First American Title Company
Lavi Mike -- --
Lavi Massoud $175,000 Provident Title Company
Tdc/Pacific Properties $98,000 --
Dillard Kevin R $83,000 Chicago Title
Voight Michael $50,000 First American Title Company
Berkeley Federal Bank & Trust Fsb $47,500 --
California Federal Bank Fsb $154,625 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Semler Shane $142,500
Previous Owner Marroquin Teresa M $290,000
Previous Owner Lavi Massoud $140,000
Previous Owner Tdc/Pacific Properties $87,000
Previous Owner Dillard Kevin R $83,000
Previous Owner Voight Michael $45,000
Closed Tdc/Pacific Properties $20,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $360,000 -2.7% $101 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $370,000 -- $104 / 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 $7,580 $417,803 $62,667 $355,136
2024 $7,580 $409,612 $61,439 $348,173
2023 $7,514 $401,582 $60,235 $341,347
2022 $7,250 $393,708 $59,054 $334,654
2021 $7,085 $385,990 $57,897 $328,093
2020 $6,981 $382,033 $57,304 $324,729
2019 $6,903 $374,543 $56,181 $318,362
2018 $6,809 $367,200 $55,080 $312,120
2016 $4,705 $205,626 $30,843 $174,783
2015 $4,655 $202,538 $30,380 $172,158
2014 $4,614 $198,571 $29,785 $168,786
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
    Section Image

  • K

    Buyer's Agent in 2016

    Kenneth Yu

    Keller Williams Realty A.V.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16006893

Greater Antelope Valley Association of REALTORS®

APN: 3008-008-024

California Los Angeles County Palmdale 93550 East Palmdale

38715 Larkin Ave, Palmdale, CA

Not Listed for Sale

MultiFamily

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