NOT LISTED FOR SALE

38739 5th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $663,000 - $730,000

8 Beds
4 Baths
3,332 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $436,100 $131 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,351/month

13 Days on Market

About This Home

As of October 2018

4 units; 2 bedrooms 1 bathroom in each unit. Great for all investors.

Last Agent to Sell the Property

Tracy King

License #00986395 Listed on: 09/15/2018

Last Buyer's Agent

Mario Menjivar

Select Service Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 7,841

Home Design

  • 3,332 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-009-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: East Avenue Q to 5th Street East
  • Listing Member Name: Tracy L King
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.97
  • Square Footage: 3332.00
  • Tract Suffix: Street
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 112500.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco

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: Res

Tax Info

  • Assessor Parcel Number: 3008-009-020

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 2.00
  • Number 4 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Big M Investment Inc
Bought by
Menjivar Mario
Current Estimated Value
$698,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2018
Closed on
Sep 25, 2018
Sold by
Brown Keenan L and Estae Of Marvin Tyrone Britton
Bought by
Big M Investment Inc
Seller's Agent
Tracy King
Buyer's Agent
Mario Menjivar
Select Service Realty
List Price
$450,000
Sold Price
$436,100
Premium/Discount to List
-$13,900
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$389,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2015
Sold by
Hare Samuel R
Bought by
Britton Marvin Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2004
Sold by
Nuckolls Corinne Clara and Nuckolls Corinne C
Bought by
Hare Samuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Menjivar Mario -- First Amer Ttl Los Angeles
Big M Investment Inc $436,500 Wfg National Title Company
Britton Marvin Tyrone $360,000 Fidelity National Title
Hare Samuel R $409,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menjivar Mario $411,500
Previous Owner Big M Investment Inc $389,000
Previous Owner Britton Marvin Tyrone $353,479
Previous Owner Hare Samuel R $327,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2018 10/12/18 Sold $436,100 0.0% $131 / Sq Ft
10/12/2018 10/12/18 Sold $436,100 -3.1% $131 / Sq Ft View Prior Sale
09/28/2018 09/28/18 Pending -- -- --
09/28/2018 09/28/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $450,000 0.0% $135 / Sq Ft
03/15/2018 03/15/18 For Sale $450,000 +25.0% $135 / Sq Ft
03/11/2016 03/11/16 Sold $360,000 0.0% $108 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Sold $360,000 0.0% $108 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $360,000 0.0% $108 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $360,000 -- $108 / 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 $8,314 $524,943 $78,738 $446,205
2024 $8,314 $514,651 $77,195 $437,456
2023 $8,235 $504,561 $75,682 $428,879
2022 $7,919 $494,669 $74,199 $420,470
2021 $7,401 $449,429 $67,089 $382,340
2020 $7,283 $444,822 $66,402 $378,420
2019 $7,194 $436,100 $65,100 $371,000
2018 $6,807 $399,840 $79,560 $320,280
2016 $5,654 $320,000 $77,400 $242,600
2015 $5,380 $296,000 $71,600 $224,400
2014 $4,622 $230,000 $55,700 $174,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tracy King

  • T

    Seller's Agent in 2018

    Tracy King-Realtor

    Real Consultants

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Deborah Zeolla

    Real Consultants

    (661) 299-5570

    2 in this area

    64 Total Sales

    Deborah Zeolla
    Section Image

  • M

    Buyer's Agent in 2018

    Mario Menjivar

    Select Service Realty

  • Sam Hare

    Seller's Agent in 2016

    Sam Hare

    Suburban Enterprises, Inc.

    (661) 706-5732

    6 in this area

    10 Total Sales

    Sam Hare
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    21 in this area

    6,174 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 18009924

Greater Antelope Valley Association of REALTORS®

APN: 3008-009-020

California Los Angeles County Palmdale 93550 East Palmdale

38739 5th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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