NOT LISTED FOR SALE

38756 5th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $790,992 - $914,000

7 Beds
6 Baths
4,616 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $360,000 $78 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,022/month

130 Days on Market

About This Home

As of April 2016

Calling all Investors!!!! This is a standard sale... 4 unit complex, built in 1982. Unit consist of (2+1 vacant) (2+1 occupied) (3+2 occupied)(3+1 occupied). There is additional rec room with 1 bed 1 bath. Complex is fenced and features a central laundry room with coin operated machines and there are ''FOUR'' 1 car garages. Please do not disturb tenants, Drive by Only.

Last Agent to Sell the Property

Veronica Alcazar

Centennial Realty Listed on: 12/11/2015

Last Buyer's Agent

Miguel Castellanos

Cobblestone Realty Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,712

Home Design

  • 4,616 Sq Ft Home
  • Composition Roof
  • Stucco

Additional Features

  • 7 Bedrooms
  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-010-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Palmdale Blvd to 5th Street, head North to Avenue Q... South East Corner of Avenue Q and 5th Street.
  • Income Producing: Yes
  • Listing Member Name: Veronica Alcazar
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.90
  • Square Footage: 4616.00
  • Tract Suffix: Street
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 99975.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Composition

Garage/Parking

  • AdditionalInfoParkingSpaces: 4

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.20
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-010-001

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 3.00
  • Number 4 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Apr 14, 2016
Sold by
Gomez Maria
Bought by
Nevarez Jose
Seller's Agent
Veronica Alcazar
Centennial Realty
Buyer's Agent
Miguel Castellanos
Cobblestone Realty Inc.
List Price
$410,000
Sold Price
$360,000
Premium/Discount to List
-$50,000
-12.2%
Current Estimated Value
$840,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,498
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Curtis Jerald and Curtis Feliciana
Bought by
Gomez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,680
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2009
Sold by
Gmac Mortgage Llc
Bought by
Curtis Jerald and Curtis Feliciana

Purchase Details

Closed on
May 16, 2008
Sold by
Casim Erlynn and Cullano Nazarito
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corp

Purchase Details

Closed on
Jun 19, 2006
Sold by
Erlyn B Casim Llc
Bought by
Cullano Nazarito and Casim Erlynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2006
Sold by
Cullano Nazarito and Casim Erlynn
Bought by
Erlyn B Casim Llc

Purchase Details

Closed on
Mar 15, 2005
Sold by
Lopez Salvador
Bought by
Cullano Nazarito and Casim Erlynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 2003
Sold by
Lopez Araceli
Bought by
Lopez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Solorzano Alfredo F and Solorzano Antonia V
Bought by
Lopez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1998
Sold by
Solorzano Alfred V
Bought by
Solorzano Alfredo F and Solorzano Antonia V

Purchase Details

Closed on
Oct 17, 1997
Sold by
Solorzano Ana L
Bought by
Solorzano Alfred V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.49%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Roache James R
Bought by
Solorzano Alfred V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.49%

Purchase Details

Closed on
Mar 26, 1997
Sold by
Ford Consumer Finance Company Inc
Bought by
Roache James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,011
Interest Rate
7.56%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Azzopardi Anthony and Ford Consumer Finance Company
Bought by
Ford Consumer Finance Co Inc
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
Nevarez Jose $360,000 Orange Coast Title Co Socal
Gomez Maria $280,000 Calcounties Title Company
Curtis Jerald $187,000 First American Title Ins Co
Gmac Mortgage Llc $459,000 None Available
Cullano Nazarito -- Transunion Title
Erlyn B Casim Llc -- None Available
Cullano Nazarito $500,000 Fidelity National Title
Lopez Salvador -- Fidelity National Title
Lopez Salvador $275,000 Fidelity National Title
Solorzano Alfredo F -- --
Solorzano Alfred V -- Fidelity National Title Co
Solorzano Alfred V $106,000 Fidelity National Title Co
Roache James R $61,500 American Title Co
Ford Consumer Finance Co Inc $162,032 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Maria $270,680
Previous Owner Cullano Nazarito $480,000
Previous Owner Cullano Nazarito $425,000
Previous Owner Lopez Salvador $192,500
Previous Owner Solorzano Alfred V $79,500
Previous Owner Roache James R $57,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $360,000 -12.2% $78 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $410,000 -- $89 / 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 $7,420 $426,161 $106,539 $319,622
2024 $7,420 $417,805 $104,450 $313,355
2023 $7,384 $409,613 $102,402 $307,211
2022 $7,456 $401,583 $100,395 $301,188
2021 $7,293 $393,710 $98,427 $295,283
2019 $7,086 $382,034 $95,508 $286,526
2018 $6,990 $374,544 $93,636 $280,908
2016 $4,972 $233,765 $35,172 $198,593
2015 $4,921 $230,254 $34,644 $195,610
2014 $4,875 $225,745 $33,966 $191,779
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Veronica Alcazar

    Centennial Realty

  • M

    Buyer's Agent in 2016

    Miguel Castellanos

    Cobblestone Realty Inc.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 15013762

Greater Antelope Valley Association of REALTORS®

APN: 3008-010-001

California Los Angeles County Palmdale 93550 East Palmdale

38756 5th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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