NOT LISTED FOR SALE

38738 Larkin Ave Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $513,227 - $795,000

8 Beds
4 Baths
3,120 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $242,000 $78 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,897/month

19 Days on Market

About This Home

As of June 2013

MARRO presents this Turn Key 4 unit complex located in the heart of Palmdale! These units are the sharpest on the block!!! They have been well cared for and the landscaping has been freshly manicured. These units have been recently remodeled and ready to go. There is another 4 unit complex next door(which is for sale as well) that share an electric gate. Located near all shopping, parks, and schools. Property feature a car port and a coin operated machine that is shared with the other 4 units. Don't miss out on this opportunity to purchase an investment property! Act now before its too late! Do not disturb tenants.

Last Agent to Sell the Property

Esperanza Marroquin

Marro Real Estate, Inc. License #01385504 Listed on: 04/04/2013

Last Buyer's Agent

Jose Gutierrez

Pride Management

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,276

Home Design

  • 3,120 Sq Ft Home
  • Asphalt Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-009-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions To Property: Palmdale Blvd to 5th St E to Q-7 left to Larkin Rt.
  • Listing Member Name: Esperanza M Marroquin
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.88
  • Square Footage: 3120.00
  • Tract Suffix: Avenue
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 68747.50
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Asphalt

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 4
  • AdditionalInfoOpenParkingSpaces: 3
  • AdditionalInfoParkingSpaces: 4

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.19
  • Zoning: PDR3

Tax Info

  • Assessor Parcel Number: 3008-009-015

Multi Family

  • Number2 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2013
Sold by
Sahagun Lorena
Bought by
Sahagun Lorena and Lorena Sahagun Trust
Current Estimated Value
$645,807

Purchase Details

Listed on
Apr 4, 2013
Closed on
Aug 13, 2013
Sold by
Sahagun Lorena
Bought by
Sahagun Lorena and Lorena Sahagun Trust
Seller's Agent
Esperanza Marroquin
Marro Real Estate, Inc.
Buyer's Agent
Jose Gutierrez
Pride Management
List Price
$274,990
Sold Price
$242,000
Premium/Discount to List
-$32,990
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 4, 2013
Sold by
Marroquin Hernando B
Bought by
Sahagun Lorena
Seller's Agent
Esperanza Marroquin
Marro Real Estate, Inc.
Buyer's Agent
Jose Gutierrez
Pride Management
List Price
$274,990
Sold Price
$242,000
Premium/Discount to List
-$32,990
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Outstanding Balance
$129,051
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$516,756

Purchase Details

Closed on
Sep 3, 2008
Sold by
Washington Mutual Bank
Bought by
Marroquin Hernando B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2008
Sold by
Marroquin Mary Francine
Bought by
Marroquin Hernando B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2008
Sold by
Cardoza Anabel
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Nov 7, 2005
Sold by
Ward Clifford A and Ward Marie B
Bought by
Cardoza Anabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2002
Sold by
Sperling Francis F and Sperling Renee M
Bought by
Ward Clifford A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
7.5%
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
Sahagun Lorena -- None Available
Sahagun Lorena -- None Available
Sahagun Lorena $242,000 Fidelity
Marroquin Hernando B $330,000 Chicago Title
Marroquin Hernando B -- Servicelink
Washington Mutual Bank $404,100 None Available
Cardoza Anabel $540,000 Commonwealth Land Title
Ward Clifford A $192,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahagun Lorena $181,500
Previous Owner Marroquin Hernando B $231,000
Previous Owner Cardoza Anabel $428,000
Previous Owner Ward Clifford A $163,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $242,000 -12.0% $78 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $274,990 -- $88 / 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 $6,150 $297,992 $44,325 $253,667
2024 $6,150 $292,150 $43,456 $248,694
2023 $6,098 $286,422 $42,604 $243,818
2022 $5,895 $280,807 $41,769 $239,038
2021 $5,749 $275,301 $40,950 $234,351
2019 $5,613 $267,138 $39,737 $227,401
2018 $5,539 $261,901 $38,958 $222,943
2016 $5,203 $251,734 $37,447 $214,287
2015 $5,152 $247,954 $36,885 $211,069
2014 $5,102 $243,098 $36,163 $206,935
Source: Public Records

Agents Affiliated with this Home

  • Esperanza Marroquin

    Seller's Agent in 2013

    Esperanza Marroquin

    Marro Real Estate, Inc.

    (661) 471-6621

    84 in this area

    298 Total Sales

    Esperanza Marroquin
    Section Image

  • J

    Buyer's Agent in 2013

    Jose Gutierrez

    Pride Management

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1303481

Greater Antelope Valley Association of REALTORS®

APN: 3008-009-015

California Los Angeles County Palmdale 93550 East Palmdale

38738 Larkin Ave, Palmdale, CA

Not Listed for Sale

MultiFamily

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