NOT LISTED FOR SALE

40923 161st St E Lancaster, CA 93535

Estimated Value: $357,555 - $451,000

3 Beds
2 Baths
1,346 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $59,000 $44 Per Sq Ft

Est. 574% increase in value since last sale

Current estimated payment $2,176/month

13 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • No HOA
  • Living Room with Fireplace
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of February 2012

HUD Home. 3 bedroom 2 bath 1 Story Single Family Residence with almost a full acre lot in Lancaster. Perfect for first time home buyer to customize to your liking. Property features kitchen and dining combo, living room with fireplace, laundry hook up in garage. Perfect for animals and pets.

Last Agent to Sell the Property

David Hernandez

The Olson Agency Listed on: 12/09/2011

Last Buyer's Agent

Gustavo Cardenas

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.94 Acre Lot
  • Back Yard Fenced
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • 220 Volts
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include - see remarks

Listing and Financial Details

  • Assessor Parcel Number 3070-018-015

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: 14 N exit W Palmdale Blvd. 170th St E Turn Left E Ave N8, 162St E Turn Right, Valeport Ave Turn Left runs into 161St.
  • Listing Member Name: David Hernandez
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 1346.00
  • Tract Suffix: Street
  • Year Built: 1986
  • Other Features Comments: Other/See Remarks
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Ranch
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: None
  • Dining Room: Dining in Kitchen
  • Fireplace: Living Room
  • Flooring: Hardwood
  • Laundry: In Garage
  • Sprinklers: None

Exterior Features

  • Exterior Construction: Wood
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Size: Unknown
  • Patio: Covered, Slab
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Direct Access
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Septic System
  • Hot Water: Public Utility
  • Utilities: 220 Electric, Cable TV, Natural Gas

Condo/Co-op/Association

  • HOA: No
  • H O A Includes: None - See Remarks
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.94
  • Zoning: R1
  • Horse Property: No

Tax Info

  • Assessor Parcel Number: 3070-018-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2011
Closed on
Feb 8, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Ellis George
Seller's Agent
David Hernandez
The Olson Agency
Buyer's Agent
Gustavo Cardenas
List Price
$59,000
Sold Price
$59,000
Current Estimated Value
$397,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,389
Avg. Annual Appreciation
14.71%
Original Mortgage
$58,337
Outstanding Balance
$40,875
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$356,514

Purchase Details

Closed on
Aug 31, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 9, 2011
Sold by
Sargenta Desiree C and Daulton Daniel K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 21, 2004
Sold by
Frakes Raymond J
Bought by
Sargent Desiree C and Daulton Daniel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,840
Interest Rate
5.38%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1998
Sold by
Va
Bought by
Frakes Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,930
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 14, 1997
Sold by
Homeside Lending Inc
Bought by
Va

Purchase Details

Closed on
May 13, 1997
Sold by
Watts Robert S and Homeside Lending Inc
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
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
Ellis George $59,000 First American Title Ins Co
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $161,977 None Available
Sargent Desiree C $155,000 Fidelity National Title Co
Frakes Raymond J $38,000 Commonwealth Land Title Co
Va -- --
Homeside Lending Inc $47,553 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis George $58,337
Previous Owner Sargent Desiree C $152,840
Previous Owner Frakes Raymond J $33,930
Closed Sargent Desiree C $4,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $59,000 0.0% $44 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
12/09/2011 12/09/11 For Sale $59,000 -- $44 / 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 $1,126 $74,095 $14,815 $59,280
2024 $1,126 $72,643 $14,525 $58,118
2023 $1,111 $71,220 $14,241 $56,979
2022 $1,095 $69,824 $13,962 $55,862
2021 $1,068 $68,456 $13,689 $54,767
2019 $1,034 $66,428 $13,284 $53,144
2018 $1,014 $65,126 $13,024 $52,102
2016 $947 $62,599 $12,519 $50,080
2015 $934 $61,659 $12,331 $49,328
2014 $952 $60,452 $12,090 $48,362
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Hernandez

    The Olson Agency

  • G

    Buyer's Agent in 2012

    Gustavo Cardenas

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1113965

Greater Antelope Valley Association of REALTORS®

APN: 3070-018-015

California Los Angeles County Lancaster 93535

40923 161st St E, Lancaster, CA

Not Listed for Sale

Detached

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