NOT LISTED FOR SALE

401 Union Pacific Ave Yermo, CA 92398

Estimated Value: $50,902 - $146,000

1.09 Acres
$90,322 Price per Acre
47,480 Sq Ft Lot

Last Sold February 17, 2023

Last sale price $45,000

Est. 119% increase in value since last sale

Current estimated payment $569/month

463 Days on Market

Highlights

  • 1.09 Acre Lot
  • Pasture Views
  • No HOA
  • Silver Valley High School Rated 9+
  • Corner Lot

About This Lot

As of February 2023

BACK IN THE MARKET!!! MAJOR PRICE REDUCTION!!! THE SELLER WANTS TO SELL IT FAST!!! 1.09 AC Corner of 4th Street and Union Pacific Ave. with the physical address of 401 Union Pacific Avenue, Yermo CA 92398.This is an exciting opportunity to purchase an affordable investment property, with exceptional opportunity as a rental property or Airbnb, furthermore, the location is ideal for a contractor’s yard, or someone in search of a place to store and ride their recreational vehicles. There are concrete slabs for 15 + Mobile homes with a shack in the center, electric hookups, and water on site. You can fix it up and use it as an income property. 1 block from the main street through the small town of Yermo. Easy and fast access to Highway 15 to the North and City of Barstow to the West. You may also use the following GPS coordinates to locate the property: 34.905775 -116.815711

Last Agent to Sell the Property

Richard Khatibi

Rich Estate Props License #00895193 Listed on: 08/17/2021

Last Buyer's Agent

Richard Khatibi

Rich Estate Props License #00895193 Listed on: 08/17/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $621

Lot Details

  • 1.09 Acre Lot
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Land Lease
  • Property is zoned CR

Property Views

  • Pasture
  • Mountain
  • Valley

Utilities

  • Private Water Source

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 2459
  • Assessor Parcel Number 0538066080000

Property Details

Property Type

Land

Est. Annual Taxes

$621

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: CR
  • Property Type: Land
  • Parcel Number: 0538066080000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.95

Exterior Features

  • View: Mountain(s), Pasture, Valley

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 47480.00
  • Lot Size Acres: 1.0900
  • Latitude Manual: 34.90577500

Multi Family

  • Lot Size Area: 47480.0000 Square Feet

Tax Info

  • Tax Census Tract: 116.00
  • Tax Lot: 107
  • Tax Tract Number: 2459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Feb 3, 2023
Sold by
Mk World Investments Llc
Bought by
Hillview Llc
Seller's Agent
Richard Khatibi
Rich Estate Props
Buyer's Agent
Richard Khatibi
Rich Estate Props
List Price
$59,999
Sold Price
$45,000
Premium/Discount to List
-$14,999
-25%
Views
28
Current Estimated Value
$98,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,770
Avg. Annual Appreciation
33.78%
Original Mortgage
$29,250
Outstanding Balance
$28,357
Interest Rate
6.48%
Mortgage Type
Seller Take Back
Estimated Equity
$70,094

Purchase Details

Closed on
Sep 1, 2021
Sold by
Fjaeran Randi
Bought by
Mk World Investments Llc

Purchase Details

Closed on
Oct 4, 2013
Sold by
Jamco Holdings Llc
Bought by
Fjaeran Randi

Purchase Details

Closed on
Apr 29, 2008
Sold by
C & C Property Admin Inc
Bought by
Jamco Holdings Llc

Purchase Details

Closed on
Nov 26, 2005
Sold by
Bredelis Ronald C
Bought by
C & C Property Admin Inc

Purchase Details

Closed on
Jun 1, 2004
Sold by
Kirkpatrick Dale L
Bought by
Bredelis Ronald C and Bredelis Jean F

Purchase Details

Closed on
Dec 10, 1996
Sold by
Kirkpatrick Dale L
Bought by
Livin Dale L and Livin Paula L Kirkpatrick Joint
Source: Public Records

Range of Values:

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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
Hillview Llc $45,000 Chicago Title
Mk World Investments Llc $14,000 None Available
Fjaeran Randi $6,600 None Available
Jamco Holdings Llc -- None Available
C & C Property Admin Inc $182,000 First American
Bredelis Ronald C $20,000 First American
Livin Dale L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillview Llc $29,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $45,000 -25.0% --
12/24/2022 12/24/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $59,999 0.0% --
11/14/2022 11/14/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $59,999 -25.0% --
10/26/2022 10/26/22 Price Changed $79,999 -12.1% --
08/26/2022 08/26/22 Price Changed $90,999 -5.2% --
08/03/2022 08/03/22 Price Changed $95,999 -4.0% --
08/02/2022 08/02/22 Price Changed $99,999 -9.1% --
06/03/2022 06/03/22 Price Changed $109,999 +10.0% --
05/17/2022 05/17/22 Price Changed $99,999 -16.7% --
04/27/2022 04/27/22 Price Changed $119,999 0.0% --
04/27/2022 04/27/22 For Sale $119,999 +166.7% --
11/17/2021 11/17/21 Off Market $45,000 -- --
11/08/2021 11/08/21 Price Changed $99,999 -50.0% --
09/16/2021 09/16/21 For Sale $199,999 +344.4% --
08/17/2021 08/17/21 Off Market $45,000 -- --
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 $621 $46,818 $39,535 $7,283
2024 $621 $45,900 $38,760 $7,140
2023 $257 $14,280 $12,240 $2,040
2022 $180 $14,000 $12,000 $2,000
2021 $178 $7,475 $6,116 $1,359
2020 $178 $7,398 $6,053 $1,345
2019 $176 $7,253 $5,934 $1,319
2018 $174 $7,111 $5,818 $1,293
2017 $173 $6,972 $5,704 $1,268
2016 $81 $6,835 $5,592 $1,243
2015 $80 $6,732 $5,508 $1,224
2014 $78 $6,600 $5,400 $1,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21172219

California Regional Multiple Listing Service (CRMLS)

APN: 0538-066-08