NOT LISTED FOR SALE

38828 8th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $357,486 - $383,000

2 Beds
2 Baths
1,412 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $120,000 $85 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,176/month

49 Days on Market

About This Home

As of August 2013

Great Investment Opportunity. Do Not Disturb tenants. DRIVE BY ONLY. Standard Sale! Not REO or Short Sale. Both units are 1 Bed 1 Bath and are currently rentd out for $635 (front unit) and $650 (back unit). Perfect for first time buyers or investors

Last Agent to Sell the Property

Carlos Orellana

BGA Properties Inc. License #01940274 Listed on: 06/27/2013

Last Buyer's Agent

Carlos Orellana

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,412 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3022-020-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Avenue Q to 8th Street East
  • Listing Member Name: Carlos Orellana
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.00
  • Square Footage: 1412.00
  • Tract Suffix: Street
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 60000.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Stucco, Wood

Utilities

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

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.14
  • Zoning: LCR3

Tax Info

  • Assessor Parcel Number: 3022-020-022

Multi Family

  • Number1 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Rodriguez Francisco
Bought by
Rodriguez Francisco and Ruiz Marie E
Current Estimated Value
$368,162

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 15, 2013
Sold by
Melendez Raul G
Bought by
Rodriguez Francisco and Ruiz Maria E
Seller's Agent
Carlos Orellana
BGA Properties Inc.
Buyer's Agent
Carlos Orellana
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Aurora Loan Services Llc
Bought by
Melendez Raul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
Cullano Nazarito D and Casim Erlynn B
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Cullano Nazarito D and Casim Erlynn B
Bought by
Cullano Nazarito D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

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

Purchase Details

Closed on
Jul 5, 2005
Sold by
Casim Erlynn
Bought by
Cullano Nazarito D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Casim Erlynn and Lustado Erlyn C
Bought by
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
$119,200
Interest Rate
7.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2003
Sold by
Hunt Georgene Larue and Georgene Larue Hunt Trust
Bought by
Lustado Erlyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.4%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Hunt Georgene Larue
Bought by
Hunt Georgene Larue and The Georgene Larue Hunt Revocable Trust
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
Rodriguez Francisco -- None Available
Rodriguez Francisco $120,000 Lawyers Title
Melendez Raul G $105,000 Lsi Title
Aurora Loan Services Llc $220,708 None Available
Cullano Nazarito D -- Accommodation
Cullano Nazarito D -- United Title Company
Cullano Nazarito D -- None Available
Cullano Nazarito D -- Commonwealth Title
Casim Erlynn -- United Title Company
Lustado Erlyn C $95,000 Fidelity National Title Co
Hunt Georgene Larue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melendez Raul G $73,500
Previous Owner Cullano Nazarito D $210,000
Previous Owner Cullano Nazarito D $164,000
Previous Owner Casim Erlynn $119,200
Previous Owner Lustado Erlyn C $61,000
Closed Lustado Erlyn C $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $120,000 -14.3% $85 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $140,000 -- $99 / 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 $3,009 $147,094 $36,771 $110,323
2024 $3,009 $144,210 $36,050 $108,160
2023 $2,828 $141,384 $35,344 $106,040
2022 $2,731 $138,612 $34,651 $103,961
2021 $2,674 $135,895 $33,972 $101,923
2019 $2,606 $131,865 $32,965 $98,900
2018 $2,574 $129,280 $32,319 $96,961
2017 $2,547 $126,746 $31,686 $95,060
2016 $2,422 $124,262 $31,065 $93,197
2015 $2,402 $122,397 $30,599 $91,798
2014 $2,383 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1306611

Greater Antelope Valley Association of REALTORS®

APN: 3022-020-022

California Los Angeles County Palmdale 93550 East Palmdale

38828 8th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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