NOT LISTED FOR SALE

40571 161st St E Lancaster, CA 93535

Estimated Value: $384,000 - $417,000

4 Beds
2 Baths
1,741 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $229,000 $132 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,350/month

83 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2019

This is a great and spacious home sitting on a 43,219 square foot corner lot. This horse property sits street to street with multiple entry access points. This property is in move in condition. The home features central air & heat, laminate & tile flooring, fire place in living room, and a spacious floor plan.

Last Agent to Sell the Property

frank newsome

1st Premier Properties License #01312841 Listed on: 01/18/2019

Last Buyer's Agent

Daniel Garcia

Daniel Garcia License #01732375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.99 Acre Lot
  • Lawn
  • Property is zoned LCRA40000*

Interior Spaces

  • 1,741 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 28483
  • Assessor Parcel Number 3070012020

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LCRA40000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3070012020
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1741.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 131.53
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 43219.00
  • Lot Size Acres: 0.9922
  • Latitude Manual: 34.62056800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43219.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9001.03
  • Tax Lot: 163
  • Tax Tract Number: 28483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
May 24, 2019
Sold by
Alberto Alfredo Reyna
Bought by
Molina Edwin
Seller's Agent
frank newsome
1st Premier Properties
Buyer's Agent
Daniel Garcia
Daniel Garcia
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$397,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,392
Avg. Annual Appreciation
8.70%
Original Mortgage
$230,743
Outstanding Balance
$204,080
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$193,312

Purchase Details

Closed on
Sep 13, 2017
Sold by
Arevalo Yimy Alexander Ayala
Bought by
Alberto Alfredo Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2014
Sold by
Shibata Jeffrey and Shibata Doris
Bought by
Arevalo Yimy Alexander Ayala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,632
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
Begg Christopher
Bought by
Shibata Jeffrey and Shibata Doris

Purchase Details

Closed on
May 12, 2006
Sold by
Malcolm Ronald J and Malcolm Mary Lou
Bought by
Begg Christopher

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
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Begg Concepcion
Bought by
Begg Christopher

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
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Malcolm Ronald J and Malcolm Mary Lou
Bought by
Malcolm Ronald J and Malcolm Mary Lou

Purchase Details

Closed on
May 20, 1999
Sold by
Hogue Lavera
Bought by
Malcolm Ronald James and Malcolm Mary Lou

Purchase Details

Closed on
Jun 19, 1997
Sold by
Hud
Bought by
Hogue Claude and Hogue Lavera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
7.94%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jul 18, 1996
Sold by
Howell Harold R and Powell Sharon C
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Molina Edwin $235,000 Western Resource Title Co
Alberto Alfredo Reyna $210,000 Ticor Title Company Of Ca
Arevalo Yimy Alexander Ayala $129,000 Priority Title
Shibata Jeffrey $30,000 Lawyers Title La
Begg Christopher $230,000 Chicago Title Co
Begg Christopher $230,000 Chicago Title Co
Malcolm Ronald J -- --
Malcolm Ronald James -- --
Hogue Claude $44,000 --
Hud -- First Southwestern Title Co
Homeside Lending Inc $114,004 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Edwin $230,743
Previous Owner Alberto Alfredo Reyna $157,500
Previous Owner Arevalo Yimy Alexander Ayala $131,632
Previous Owner Begg Christopher $230,000
Previous Owner Hogue Claude $41,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Sold $229,000 0.0% $132 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
01/27/2019 01/27/19 For Sale $229,000 0.0% $132 / Sq Ft
01/23/2019 01/23/19 Off Market $229,000 -- --
01/18/2019 01/18/19 For Sale $229,000 +77.5% $132 / Sq Ft
12/22/2014 12/22/14 Sold $129,000 0.0% $74 / Sq Ft View Prior Sale
12/22/2014 12/22/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $129,000 -- $74 / 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 $3,290 $262,142 $77,749 $184,393
2024 $3,290 $257,003 $76,225 $180,778
2023 $3,245 $251,965 $74,731 $177,234
2022 $3,196 $247,025 $73,266 $173,759
2021 $3,128 $242,182 $71,830 $170,352
2019 $238 $214,200 $42,840 $171,360
2018 $2,695 $210,000 $42,000 $168,000
2016 $1,734 $130,966 $26,193 $104,773
2015 $1,709 $129,000 $25,800 $103,200
2014 $1,366 $94,900 $24,000 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19013910

California Regional Multiple Listing Service (CRMLS)

APN: 3070-012-020