NOT LISTED FOR SALE

40944 161st St E Lancaster, CA 93535

Estimated Value: $297,000 - $349,394

2 Beds
1 Bath
1,288 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $290,000 $225 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,014/month

9 Days on Market

Highlights

  • Horse Property
  • Bonus Room
  • Laundry Room
  • Desert View
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2022

This is an incredible opportunity and you do not want to miss out on this. For those who need space, have extra toys, or works on or with cars you'll appreciate the extra large garage/workshop in back as well as the conex storage container included with the sale. This home offers a open floor plan with a woodburning fireplace and 2 sizable bedrooms. The original garage has been converted to add extra living space to this home. With the double sided paved driveway, that includes the extra poured concrete leading to the back workshop/garage and paid off solar, you can't beat this. Currently, it's the lowest priced home in all of Lake Los Angeles. All it needs is a little TLC and a new family, and it will offer great value and place to call home.

Last Agent to Sell the Property

Joy Murphy

Keller Williams Realty Antelope Valley License #01249510 Listed on: 10/30/2022

Keller Williams Realty Antelope Valley

Last Buyer's Agent

Rima Rafeh

eXp Realty of California Inc License #01748539

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.91 Acre Lot
  • Rural Setting
  • Property is zoned LCRA40000*

Parking

  • 2 Car Garage

Property Views

  • Desert
  • Neighborhood

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 28483
  • Assessor Parcel Number 3070017009
  • $239 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCRA40000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3070017009
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1288.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 225.16
  • Room Type: Bonus Room, Family Room

Exterior Features

  • View: Desert, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 39449.00
  • Lot Size Acres: 0.9056

Multi Family

  • Lease Considered: No
  • Lot Size Area: 39449.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9001.03
  • Tax Lot: 96
  • Tax Tract Number: 28483
  • TaxOtherAnnualAssessmentAmount: 239.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2022
Closed on
Nov 10, 2022
Sold by
Wixon Thomas Glenn
Bought by
Gonzalez Eduardo and Perez Maria A
Seller's Agent
Joy Murphy
Keller Williams Realty Antelope Valley
Buyer's Agent
Rima Rafeh
eXp Realty of California Inc
List Price
$265,000
Sold Price
$290,000
Premium/Discount to List
$25,000
9.43%
Views
68
Current Estimated Value
$325,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,849
Avg. Annual Appreciation
3.92%
Original Mortgage
$284,747
Outstanding Balance
$275,917
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$49,932

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jul 1, 2014
Sold by
Celebron Paul V
Bought by
Wixon Thomas Glenn
Seller's Agent
Marvin McKinnon
HomeBased Realty
Buyer's Agent
Adebayo Windokun
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
Nov 10, 2008
Sold by
Lore John R
Bought by
Celebron Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2008
Sold by
Lore John R
Bought by
Lore John R and Zerlin Nita

Purchase Details

Closed on
Mar 12, 2001
Sold by
Hankey Delbert
Bought by
Lore John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
7.19%

Purchase Details

Closed on
Mar 6, 2001
Sold by
Lore Maxine S
Bought by
Lore John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
7.19%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Hud
Bought by
Hankey Delbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,102
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1997
Sold by
Mellon Mtg Company
Bought by
Hud

Purchase Details

Closed on
Jan 21, 1997
Sold by
Fazlalizadeh Issa
Bought by
Mellon Mtg Company

Purchase Details

Closed on
Jan 16, 1996
Sold by
Fazlalizadeh Melook
Bought by
Fazlalizadeh Issa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.18%
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
Gonzalez Eduardo $290,000 Corinthian Title
Wixon Thomas Glenn $97,000 Fidelity National Title
Celebron Paul $90,000 Chicago Title Company
Lore John R -- None Available
Lore John R $69,500 Chicago Title Co
Lore John R -- Chicago Title Co
Hankey Delbert $50,000 --
Hud -- Fidelity National Title Ins
Mellon Mtg Company $88,781 --
Fazlalizadeh Issa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Eduardo $284,747
Previous Owner Celebron Paul $72,000
Previous Owner Lore John R $55,600
Previous Owner Hankey Delbert $50,102
Previous Owner Fazlalizadeh Issa $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2022 12/14/22 Sold $290,000 +9.4% $225 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/30/2022 10/30/22 For Sale $265,000 +173.2% $206 / Sq Ft
07/31/2014 07/31/14 Sold $97,000 -2.9% $75 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $99,900 -- $78 / 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 $3,681 $301,715 $176,451 $125,264
2024 $3,681 $295,800 $172,992 $122,808
2023 $3,630 $290,000 $169,600 $120,400
2022 $1,452 $109,847 $21,965 $87,882
2021 $1,419 $107,694 $21,535 $86,159
2019 $1,371 $104,502 $20,898 $83,604
2018 $1,334 $102,454 $20,489 $81,965
2016 $1,251 $98,478 $19,695 $78,783
2015 $1,231 $97,000 $19,400 $77,600
2014 $1,192 $90,700 $23,100 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22232340

California Regional Multiple Listing Service (CRMLS)

APN: 3070-017-009