NOT LISTED FOR SALE

427 E Lancaster Blvd Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $413,000 - $545,000

4 Beds
4 Baths
2,332 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $226,000 $97 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,051/month

68 Days on Market

About This Home

As of January 2017

This duplex is perfect for an investor or for an owner to live in one unit and rent the other. Very large units, approx. 1,166 square feet for each, offer 2 bedrooms and 2 baths. Each unit also has a private 2 car attached garage with driveway space in front. There are 2 separate electric meters and 2 separate gas meters. The property is not subject to rent control. All this represents an opportunity not to be missed.

Last Agent to Sell the Property

Maximo Gonzalez

License #01096120 Listed on: 10/13/2016

Last Buyer's Agent

Maximo Gonzalez

Berkshire Hathaway Crest R.E

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1978

Lot Details

  • 7,405

Home Design

  • 2,332 Sq Ft Home
  • Composition Roof
  • Stucco

Additional Features

  • 4 Bedrooms
  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3142-008-067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,001

Year Built

Built in 1978

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Division to Lancaster Bl. East to 427 Cross Streets: East of Division
  • Income Producing: Yes
  • Listing Member Name: Maximo Gonzalez
  • Listing Office Short Id: 7222
  • Lot Measurement: SqFt
  • Open House Office I D: 20160304002002354733000000
  • Prop. Type: E
  • Selling Member Short Id: 71030
  • Selling Office Short Id: 7222
  • Sp Percent Lp: 1.01
  • Square Footage: 2332.00
  • Tract Suffix: Boulevard
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 112000.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.17
  • Zoning: LRR3

Tax Info

  • Assessor Parcel Number: 3142-008-067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2018
Sold by
Gonzalez Max Emmanuel
Bought by
M E Investments Group Llc
Current Estimated Value
$481,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Outstanding Balance
$156,612
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$326,032

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 19, 2017
Sold by
Gonzalez Maximo
Bought by
Gonzalez Maximo and Gonzalez Max Emmanuel
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 5, 2017
Sold by
Castleberry Terry L
Bought by
Gonzalez Maximo
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 4, 2017
Sold by
Hammond Gary Lee
Bought by
Hammond Dawn L
Seller's Agent
Maximo Gonzalez
Buyer's Agent
Maximo Gonzalez
Berkshire Hathaway Crest R.E
List Price
$224,000
Sold Price
$226,000
Premium/Discount to List
$2,000
0.89%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Castleberry Terry L
Bought by
Castleberry Terry L and Castleberry Steven C

Purchase Details

Closed on
Apr 17, 2009
Sold by
Honaker James R and Honaker Nola R
Bought by
Hammond Dawn L
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
M E Investments Group Llc -- Accommodation
Gonzalez Max Emmanuel -- Stewart Title
Gonzalez Maximo -- None Available
Deleon Eldar A -- None Available
Gonzalez Maximo $226,000 Chicago Title Co
Hammond Dawn L -- Chicago Title Co
Castleberry Terry L -- None Available
Hammond Dawn L -- None Available
Hammond Dawn L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Max Emmanuel $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $226,000 0.0% $97 / Sq Ft
01/13/2017 01/13/17 Sold $226,000 +0.9% $97 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/20/2016 12/20/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $224,000 0.0% $96 / Sq Ft
09/25/2016 09/25/16 Price Changed $224,000 -6.6% $96 / Sq Ft
08/15/2016 08/15/16 Price Changed $239,900 -4.0% $103 / Sq Ft
07/13/2016 07/13/16 For Sale $249,900 -- $107 / 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 $5,001 $318,584 $47,784 $270,800
2024 $5,001 $312,339 $46,848 $265,491
2023 $4,904 $306,216 $45,930 $260,286
2022 $4,815 $300,213 $45,030 $255,183
2021 $4,732 $294,328 $44,148 $250,180
2020 $4,678 $291,311 $43,696 $247,615
2019 $4,294 $260,365 $40,147 $220,218
2018 $3,923 $230,520 $36,720 $193,800
2016 $2,986 $172,838 $29,404 $143,434
2015 $2,949 $170,243 $28,963 $141,280
2014 $2,937 $166,909 $28,396 $138,513
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim Cromie

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 845-8322

    13 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Maximo Gonzalez

    (818) 402-8344

    3 in this area

    39 Total Sales

    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16009992

Greater Antelope Valley Association of REALTORS®

APN: 3142-008-067

California Los Angeles County Lancaster 93535 East Lancaster

427 E Lancaster Blvd, Lancaster, CA

This home is located at 427 E Lancaster Blvd, Lancaster, CA 93535 since 13 October 2016 and is currently estimated at $482,644, approximately $206 per square foot. This property was built in 1978. 427 E Lancaster Blvd is a home located in Los Angeles County with nearby schools including Linda Verde Elementary School, Piute Middle School, and Antelope Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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