NOT LISTED FOR SALE

38856 8th St E Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $361,000 - $383,000

2 Beds
2 Baths
1,412 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $165,000 $117 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,255/month

9 Days on Market

About This Home

As of October 2016

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 rented out for: $750 (front unit) and $630 (back unit). Perfect for first time buyers or investors

Last Agent to Sell the Property

Carlos Orellana

BGA Properties Inc. License #01940274 Listed on: 07/16/2016

Last Buyer's Agent

Kristine Halajyan

Keller Williams Realty A.V.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,970

Home Design

  • 1,412 Sq Ft Home
  • Composition Roof

Utilities

  • Central Air
  • Wall Furnace

Additional Features

  • 2 Bedrooms
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3022-020-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Going East on E ave Q, turn Left on 8th St E to the property
  • Listing Member Name: Carlos Orellana
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.03
  • Square Footage: 1412.00
  • Tract Suffix: Street
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 80000.00

Exterior Features

  • Exterior Construction: Siding
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.16
  • Zoning: Lcr3

Tax Info

  • Assessor Parcel Number: 3022-020-017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Carreno Nancy and Uribe Nancy Carreno
Bought by
Carreno Family Trust and Uribe
Current Estimated Value
$375,477

Purchase Details

Closed on
Jul 29, 2016
Sold by
Valley Industrial Properties Inc
Bought by
Carreno Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2012
Sold by
Valley Industrial Properties Inc
Bought by
Ad Hoc Properties Llc

Purchase Details

Closed on
Apr 20, 2010
Sold by
Fannie Mae
Bought by
Valley Industrial Properties Inc

Purchase Details

Closed on
Oct 26, 2009
Sold by
Palencia Miguel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 16, 2007
Sold by
Nunez Dolores
Bought by
Palencia Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Paz Humberto
Bought by
Palencia Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2006
Sold by
Paz Humberto
Bought by
Paz Humberto and Paz Remidios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2002
Sold by
Paz Remedios
Bought by
Paz Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.18%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Tejada Jose
Bought by
Paz Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.18%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Persails James H
Bought by
Tejada Jose and Sylvia Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,918
Interest Rate
6.63%
Mortgage Type
FHA
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
Carreno Family Trust -- None Listed On Document
Carreno Nancy $165,000 Fatcola
Ad Hoc Properties Llc $34,000 None Available
Valley Industrial Properties Inc $58,000 Old Republic Title Company
Federal National Mortgage Association $266,107 Accommodation
Palencia Miguel -- Chicago Title Co
Palencia Miguel $295,000 Chicago Title Co
Paz Humberto -- Fidelity Natl Title Co Of Ca
Paz Humberto -- --
Paz Humberto $85,000 Commonwealth Land Title
Tejada Jose $53,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carreno Nancy $162,011
Previous Owner Palencia Miguel $295,000
Previous Owner Paz Humberto $183,000
Previous Owner Paz Humberto $80,750
Previous Owner Tejada Jose $52,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2016 10/05/16 Sold $165,000 +3.1% $117 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/16/2016 07/16/16 For Sale $160,000 -- $113 / 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 $3,501 $191,491 $29,011 $162,480
2024 $3,501 $187,738 $28,443 $159,295
2023 $3,304 $184,058 $27,886 $156,172
2022 $3,188 $180,450 $27,340 $153,110
2021 $3,122 $176,912 $26,804 $150,108
2020 $3,076 $175,099 $26,530 $148,569
2019 $3,045 $171,666 $26,010 $145,656
2018 $3,005 $168,300 $25,500 $142,800
2016 $1,917 $82,530 $12,633 $69,897
2015 $1,896 $81,292 $12,444 $68,848
2014 $1,880 $79,701 $12,201 $67,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
    Section Image

  • K

    Buyer's Agent in 2016

    Kristine Halajyan

    Keller Williams Realty A.V.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16006898

Greater Antelope Valley Association of REALTORS®

APN: 3022-020-017

California Los Angeles County Palmdale 93550 East Palmdale

38856 8th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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