NOT LISTED FOR SALE

40955 159th St E Lancaster, CA 93535

Estimated Value: $373,000 - $405,000

3 Beds
2 Baths
1,320 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $245,000 $186 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,334/month

21 Days on Market

Highlights

  • Horse Property
  • Living Room with Fireplace
  • No HOA
  • RV Access or Parking
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of December 2019

Beautifully rehabbed home with loads of features. NEW two-tone interior paint and NEW stylish laminate wood flooring throughout. Kitchen comes with NEW granite counter tops, NEW stainless steel appliances, and plenty of counter and cabinet space. Spacious living room with gorgeous stone fireplace, lovely dining area, and master bedroom with large closet and private bathroom with new granite counter tops and new modern vessel bowl sink. Huge lot, covered patio, 2-car garage, and RV parking. Come and see it today!

Last Agent to Sell the Property

HeJung Hong

License #01413883 Listed on: 11/07/2019

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.9 Acre Lot
  • Property is zoned LCRA40000

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • RV Access or Parking

Outdoor Features

  • Horse Property
  • Covered Patio or Porch

Utilities

  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3069-016-031

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: 155th St E to Avenue N8 to 158th St E to Valeport Ave to 159th St E
  • Listing Member Name: HeJung L Hong
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 1320.00
  • Tract Suffix: Street
  • Year Built: 1986
  • Tax Legal Tract Number: TRACT NO 2
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Paved, Public
  • Audio Video Surveillance: No
  • House Sale Contingency: None
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Dishwasher, Gas Range
  • Basement Full Bathrooms: 2
  • Dining Room: Dining Area
  • Fireplace: Living Room
  • Flooring: Laminate

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition
  • Exterior Features: Pets Allowed
  • Patio: Covered
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Septic System
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.90
  • Zoning: LCRA40000
  • Horse Property: Yes

Green Features

  • Solar: None

Tax Info

  • Assessor Parcel Number: 3069-016-031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 4, 2019
Sold by
Avr2 Holdigns Llc
Bought by
Warner Lucas Tremain
Seller's Agent
HeJung Hong
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$239,990
Sold Price
$245,000
Premium/Discount to List
$5,010
2.09%
Current Estimated Value
$390,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,989
Avg. Annual Appreciation
8.00%
Original Mortgage
$232,750
Outstanding Balance
$205,166
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$185,823

Purchase Details

Closed on
Jun 15, 2018
Sold by
R2m Holdings Llc
Bought by
Avr2 Holdings Llc

Purchase Details

Closed on
Jan 24, 2014
Sold by
Dri Holdings Llc
Bought by
R2m Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,750,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 6, 2013
Closed on
May 2, 2013
Sold by
Hernandez Jacqueline
Bought by
Dri Holdings Llc
Seller's Agent
Felicita Garcia
Real Estate Professionals of A.V.
Buyer's Agent
Wilder Zamora
Keller Williams Realty Lancaster
List Price
$100,000
Sold Price
$65,000
Premium/Discount to List
-$35,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Raphael Paula
Bought by
Serrano Nelson S and Hernandez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 2005
Sold by
Powell James
Bought by
Raphael Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2004
Sold by
Mccullough Eddie
Bought by
Raphael Paula and Powell James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,300
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Mccullough Eddie
Bought by
Mccullough Eddie and Mccullough Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,300
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1999
Sold by
Chase Manhattan Mtg Corp
Bought by
Mccullough Eddie and Mccullough Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
11.25%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Cane Kathy
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Aug 26, 1996
Sold by
King Richard
Bought by
Cane Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
8.11%

Purchase Details

Closed on
Oct 14, 1993
Sold by
Cisnero Henry G
Bought by
King Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
6.85%
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
Warner Lucas Tremain $245,000 Fidelity National Title
Avr2 Holdings Llc -- None Available
R2m Holdings Llc -- First American Title
Dri Holdings Llc $65,000 Fidelity National Title Co
Serrano Nelson S $275,000 Lawyers Title Company
Raphael Paula -- North American Title
Raphael Paula $155,000 --
Mccullough Eddie -- --
Mccullough Eddie $40,000 Fidelity Title
Chase Manhattan Mtg Corp $41,393 American Title
Cane Kathy $67,000 Chicago Title Company
King Richard $50,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Lucas Tremain $232,750
Previous Owner R2m Holdings Llc $9,750,000
Previous Owner Serrano Nelson S $220,000
Previous Owner Raphael Paula $212,500
Previous Owner Raphael Paula $9,300
Previous Owner Mccullough Eddie $36,000
Previous Owner Cane Kathy $66,900
Previous Owner King Richard $39,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2019 12/12/19 Sold $245,000 +2.1% $186 / Sq Ft
11/28/2019 11/28/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $239,990 +269.2% $182 / Sq Ft
05/21/2013 05/21/13 Sold $65,000 -35.0% $49 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $100,000 -- $76 / 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 $3,496 $267,938 $84,755 $183,183
2024 $3,327 $262,686 $83,094 $179,592
2023 $3,281 $257,536 $81,465 $176,071
2022 $3,232 $252,487 $79,868 $172,619
2021 $3,166 $247,537 $78,302 $169,235
2020 $3,090 $245,000 $77,500 $167,500
2019 $1,199 $80,577 $19,867 $60,710
2018 $1,169 $78,998 $19,478 $59,520
2016 $1,093 $75,932 $18,723 $57,209
2015 $1,169 $82,992 $20,799 $62,193
2014 $1,179 $81,367 $20,392 $60,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 19011907

Greater Antelope Valley Association of REALTORS®

APN: 3069-016-031