NOT LISTED FOR SALE

432 E Avenue q7 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $787,000 - $843,110

8 Beds
8 Baths
3,644 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 02, 2016

Last sale price $402,000 $110 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,117/month

83 Days on Market

About This Home

As of July 2016

Nice 4 unit income property located within close proximity to most services. All units are currently rented out, some very long term.

Last Agent to Sell the Property

Katie Stewart

License #01409362 Listed on: 10/20/2015

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1983

Lot Details

  • 7,405

Home Design

  • 3,644 Sq Ft Home
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-025-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 1983

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: North of Palmdale Bld
  • Income Producing: Yes
  • Listing Member Name: Katie Stewart
  • Listing Office Short Id: 5345
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220346901327000000
  • Prop. Type: E
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.95
  • Square Footage: 3644.00
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 106249.75
  • Total Bathrooms: 8.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Central Heat/Elec

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.17
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-025-024

Multi Family

  • Number2 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Jun 28, 2016
Sold by
High Desert Investment Properties I Llc
Bought by
Begijani Gilbert and Baghoomian Alenoosh
Seller's Agent
Katie Stewart
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$424,999
Sold Price
$402,000
Premium/Discount to List
-$22,999
-5.41%
Current Estimated Value
$814,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,278
Avg. Annual Appreciation
8.04%
Original Mortgage
$387,845
Outstanding Balance
$312,124
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$504,130

Purchase Details

Listed on
Aug 1, 2011
Closed on
Feb 15, 2012
Sold by
Los Arboles Apartments & Townhomes Llc
Bought by
High Desert Investment Properties I Llc
Seller's Agent
Katie Stewart
Buyer's Agent
Katie Stewart
List Price
$190,000
Sold Price
$171,000
Premium/Discount to List
-$19,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.28%
Original Mortgage
$103,250
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2007
Sold by
Mellinger Greg
Bought by
Los Arboles Apartments & Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Mellinger Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
8.2%

Purchase Details

Closed on
Nov 9, 1999
Sold by
Lobo Norman
Bought by
Washington Mutual Bank Fa
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
Begijani Gilbert $402,000 None Available
High Desert Investment Properties I Llc $171,000 Fidelity National Title Co
Los Arboles Apartments & Townhomes Llc -- None Available
Mellinger Greg $109,000 First American Title Co
Washington Mutual Bank Fa $119,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begijani Gilbert $33,982
Open Begijani Gilbert $387,845
Previous Owner High Desert Investment Properties I Llc $103,250
Previous Owner High Desert Investment Properties I Llc $25,000
Previous Owner High Desert Investment Properties I Llc $110,000
Previous Owner Los Arboles Apartments & Townhomes Llc $66,000
Previous Owner Mellinger Greg $75,000
Previous Owner Mellinger Gregory $0
Previous Owner Mellinger Greg $427,500
Previous Owner Mellinger Greg $643,680
Previous Owner Mellinger Gregory $22,500
Previous Owner Mellinger Greg $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2016 07/02/16 Sold $402,000 -5.4% $110 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $424,999 +148.5% $117 / Sq Ft
04/04/2012 04/04/12 Sold $171,000 -10.0% $47 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
08/01/2011 08/01/11 For Sale $190,000 -- $52 / 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 $8,154 $466,548 $69,632 $396,916
2024 $8,154 $457,401 $68,267 $389,134
2023 $8,081 $448,433 $66,929 $381,504
2022 $7,793 $439,641 $65,617 $374,024
2021 $7,621 $431,022 $64,331 $366,691
2019 $7,420 $418,240 $62,424 $355,816
2018 $7,318 $410,040 $61,200 $348,840
2016 $4,784 $212,206 $31,830 $180,376
2015 $4,733 $209,019 $31,352 $177,667
2014 $4,690 $204,925 $30,738 $174,187
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Katie Stewart

  • U

    Buyer's Agent in 2016

    Unknown Member

    NON-MEMBER OFFICE

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 15012285

Greater Antelope Valley Association of REALTORS®

APN: 3008-025-024

California Los Angeles County Palmdale 93550 East Palmdale

432 E Avenue q7, Palmdale, CA

This home is located at 432 E Avenue q7, Palmdale, CA 93550 since 20 October 2015 and is currently estimated at $814,278, approximately $223 per square foot. This property was built in 1983. 432 E Avenue q7 is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Intermediate, and Highland 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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