NOT LISTED FOR SALE

38728 12th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $373,000 - $446,000

2 Beds
1 Bath
980 Sq Ft
$402/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $90,000 $92 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $2,365/month

79 Days on Market

Highlights

  • 0.48 Acre Lot
  • Central Air
  • Wood Siding

About This Home

As of April 2014

Excellent opportunity for Investors! Extra large lot with R-3 Zoning. Lot is approx. 55'x 373' deep. Single family home with apartment/multi dwelling units nearby and beautiful newer Senior Living complex directly East of property. Potential to subdivide lot. Buyer to verify future plans with City of Palmdale. Home offers 2 bedrooms plus a den, Living room, kitchen, full bathroom and added on laundry room (not included in the sf). Long driveway and carport. Property is cross- fenced. Dirt lot to the east is included with the property.

Last Agent to Sell the Property

Michelle Lewis

Stephen B. Marvin Real Estate License #1187138 Listed on: 09/29/2013

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.48 Acre Lot

Home Design

  • 980 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 3015-011-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Take Ave. Q east to 12th St. East then turn South to the property.
  • Income Producing: Yes
  • Listing Member Name: Michelle Lewis
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.95
  • Square Footage: 980.00
  • Tract Suffix: Street
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 95000.00
  • Total Bathrooms: 1.00

Exterior Features

  • Exterior Construction: Frame, Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 1

Lot Info

  • Lot Acres: 0.48
  • Zoning: PDR-3

Tax Info

  • Assessor Parcel Number: 3015-011-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Arakelyan Marine
Bought by
Marine Arakelyan Revocable Trust and Arakelyan
Current Estimated Value
$393,490

Purchase Details

Closed on
Oct 10, 2017
Sold by
Sogomonyan Spartak
Bought by
Arakelyan Marine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Lacroix Michael Arithony
Bought by
Sogomonyan Spartak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2002
Sold by
Andrejcik Wilda Nielsen
Bought by
Lacroix Michael Anthony and Lacroix Catherine Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.74%

Purchase Details

Closed on
Sep 29, 1993
Sold by
Andrejcik Andrew
Bought by
Andrejcik Andrew and Andrejcik Wilda Nielsen
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
Marine Arakelyan Revocable Trust -- --
Arakelyan Marine $210,000 Lawyers Title Co
Sogomonyan Spartak $90,000 Chicago Title Company
Lacroix Michael Anthony $83,000 First American Title Co
Andrejcik Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arakelyan Marine $168,000
Previous Owner Sogomonyan Spartak $72,000
Previous Owner Lacroix Michael Anthony $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2014 04/07/14 Sold $90,000 -18.2% $92 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $110,000 +13650.0% $112 / Sq Ft
03/09/2012 03/09/12 Sold $800 -99.1% $1 / Sq Ft View Prior Sale
03/09/2012 03/09/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $85,000 -- $87 / 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 $3,857 $238,938 $59,733 $179,205
2024 $3,857 $234,254 $58,562 $175,692
2023 $3,840 $229,662 $57,414 $172,248
2022 $3,691 $225,160 $56,289 $168,871
2021 $3,626 $220,746 $55,186 $165,560
2019 $3,514 $214,200 $53,550 $160,650
2018 $3,469 $210,000 $52,500 $157,500
2017 $2,020 $95,058 $28,517 $66,541
2016 $1,930 $93,195 $27,958 $65,237
2015 $1,910 $91,797 $27,539 $64,258
2014 $1,731 $71,200 $14,600 $56,600
Source: Public Records

Agents Affiliated with this Home

  • Michelle Lewis

    Seller's Agent in 2014

    Michelle Lewis

    Stephen B. Marvin Real Estate

    (661) 305-1375

    3 in this area

    51 Total Sales

    Michelle Lewis
    Section Image

  • U

    Buyer's Agent in 2014

    Unknown Member

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1310435

Greater Antelope Valley Association of REALTORS®

APN: 3015-011-007

California Los Angeles County Palmdale 93550 East Palmdale

38728 12th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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