$230,000
SOLD FEB 13, 2018
5 Beds
2 Baths
1,770 Sq Ft
7,267 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

1 Day on Market

Highlights

  • Fireplace in Bathroom
  • Laundry Room
  • Wall Furnace
  • Evaporated cooling system

About This Home

As of August 2023

Great income producing property in the city of Palmdale. Front unit features 3 bedrooms and rents for $1250 and rear unit features 2 bedrooms 1 bath and rents for 1,000
Both units have their laundry area and private storage. Long driveway allows for over 6 vehicles to park in the driveway while 2 are under the carport.

Last Agent to Sell the Property

Frank Guard

Globe and Anchor Realty, Inc. License #01741621 Listed on: 01/08/2018

Last Buyer's Agent

Frank Guard

Globe and Anchor Realty, Inc. License #01741621 Listed on: 01/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,240

Year Built

  • Built in 1955

Lot Details

  • 7,267 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,770 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 17500
  • Assessor Parcel Number 3022018004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $480
  • Water Sewer Expense $720
  • New Taxes Expense $3,450
  • Operating Expense $4,670
  • Gross Income $27,000
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,240

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: LCR2*
  • Property Type: Residential Income
  • Parcel Number: 3022018004
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Living Room, Gas
  • Price Per Square Foot: 129.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7267.00

Multi Family

  • Gross Income: 27000.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 500.00
  • Net Operating Income: 22000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 4670.00

Tax Info

  • New Taxes Expense: 3450.00
  • Tax Census Tract: 9101.01
  • Tax Lot: 36
  • Tax Tract Number: 17500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 26, 2023
Sold by
Castro Diana
Bought by
Gonzalez Andres
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Frank Guard
Globe and Anchor Realty, Inc.
List Price
$385,000
Sold Price
$410,000
Premium/Discount to List
$25,000
6.49%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$307,500
Outstanding Balance
$300,335
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$213,169

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jun 29, 2023
Sold by
Ibanez Alexis W
Bought by
Gonzalez Andres
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Frank Guard
Globe and Anchor Realty, Inc.
List Price
$385,000
Sold Price
$410,000
Premium/Discount to List
$25,000
6.49%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$300,335
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$213,169

Purchase Details

Closed on
May 2, 2019
Sold by
Franco Clemencia
Bought by
Ibanez Alexis W

Purchase Details

Closed on
Dec 21, 2018
Sold by
Ibanez Alexis W
Bought by
Franca Clemencia

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 9, 2018
Sold by
Ramos Angel Ernesto Cortez
Bought by
Guardado Rosalina A
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Frank Guard
Globe and Anchor Realty, Inc.
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$230,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jan 17, 2018
Sold by
Guardado Rosalina A
Bought by
Ibanez Alexis W
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Frank Guard
Globe and Anchor Realty, Inc.
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2009
Sold by
Gmac Mortgage Llc
Bought by
Guardado Rosalina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2006
Sold by
Casim Erlynn
Bought by
Cullano Nazarito D and Casim Erlynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Feb 1, 2005
Sold by
Casim Erlynn
Bought by
Cullano Nazarito D and Casim Erlynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
8.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2004
Sold by
Mccracken Mary F
Bought by
Casim Erlynn and Cullano Nazarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Mccracken Lawrence
Bought by
Mccracken Lawrence D and Mccracken Mary F
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed -- Orange Coast Title Company
Grant Deed $410,000 Orange Coast Title
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- Pacific Coast Title Company
Grant Deed $230,000 Pacific Coast Title Company
Grant Deed $95,000 First American Title Ins Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- North American Title
Grant Deed $165,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $230,000 VA
Previous Owner $76,000 Purchase Money Mortgage
Previous Owner $260,000 New Conventional
Previous Owner $32,500 Credit Line Revolving
Previous Owner $221,000 Fannie Mae Freddie Mac
Previous Owner $163,200 New Conventional
Previous Owner $124,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $525,000 +28.0% $297 / Sq Ft
08/21/2023 08/21/23 Sold $410,000 +6.5% $232 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $385,000 +67.4% $218 / Sq Ft
02/13/2018 02/13/18 Sold $230,000 0.0% $130 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $230,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,240 $418,200 $104,550 $313,650
2024 $6,240 $410,000 $102,500 $307,500
2023 $4,343 $268,047 $42,886 $225,161
2022 $4,183 $262,793 $42,046 $220,747
2021 $4,103 $257,641 $41,222 $216,419
2019 $3,806 $234,600 $35,700 $198,900
2018 $2,323 $107,507 $21,498 $86,009
2016 $2,183 $103,334 $20,664 $82,670
2015 $2,162 $101,783 $20,354 $81,429
2014 $2,145 $99,790 $19,956 $79,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18007014

California Regional Multiple Listing Service (CRMLS)

APN: 3022-018-004