NOT LISTED FOR SALE

43680 Trail k Lake Hughes, CA 93532

Estimated Value: $121,824 - $161,000

3 Beds
3 Baths
776 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $125,000 $161 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $890/month

About This Home

As of February 2017

Utilities expenses $10 Unique opportunity in quaint Lake Hughes. Three studio units w/C4 zoning. Great location for small business complex or use as residential rental units. Each studio has been upgraded with new roofs, new tile flooring, AC units and fresh paint. Larger unit has woodstove w/rock hearth. One unit has large wood deck. Great investment.Great opportunity for 1st time Investor. 3 studio units All units have newer roofs, new flooring, paint inside and out and newer window a/c's. Large double lot that is fully fenced and on public sewer. Close to all and in walking distance to the lake. Rents are $575, $550 and $525. Area is not subject to rent control.

Last Agent to Sell the Property

Richard Khatibi

Rich Estate Properties License #00895193 Listed on: 07/15/2016

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1924

Lot Details

  • 3,920

Home Design

  • 776 Sq Ft Home
  • Composition Roof
  • Wood Siding

Utilities

  • Refrigerated and Evaporative Cooling System
  • Propane

Additional Features

  • 3 Bedrooms
  • 3,920 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3242-024-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Directions To Property: High way 14 North to Palmdale Blvd. West to Lake Elizabeth Lake Rd. Left on Trail K.
  • Income Producing: Yes
  • Listing Member Name: Richard Khatibi
  • Listing Office Short Id: 6310
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220403441237000000
  • Prop. Type: E
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.96
  • Square Footage: 776.00
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 43330.00

Exterior Features

  • Exterior Construction: Wood
  • Roof: Composition

Utilities

  • Cooling Type: Room Refrig Air
  • HeatingTypes: Propane

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.09
  • Zoning: C4 Triplex

Tax Info

  • Assessor Parcel Number: 3242-024-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Feb 3, 2017
Sold by
Tabibzadeh Baharak
Bought by
Makabeh Mayer C
Seller's Agent
Richard Khatibi
Rich Estate Properties
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$124,000
Sold Price
$125,000
Premium/Discount to List
$1,000
0.81%
Current Estimated Value
$141,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,412
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Jul 15, 2016
Closed on
Dec 15, 2016
Sold by
Makabeh Mayer C
Bought by
Trinketown Llc
Seller's Agent
Richard Khatibi
Rich Estate Properties
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$124,000
Sold Price
$125,000
Premium/Discount to List
$1,000
0.81%

Purchase Details

Closed on
Jul 5, 2016
Sold by
Khatibi Aliasghar
Bought by
Makabeh Mayer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2013
Sold by
Barrett Connie
Bought by
Khatibi Aliasghar

Purchase Details

Closed on
Nov 13, 2003
Sold by
Blain Clarence A and Clarence A & Cheng Ja Blain 20
Bought by
Barrett Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 2003
Sold by
Zekavat Blain Clarence A and Zekavat Blain Cheng Ja
Bought by
Blain Clarence A and Blain Cheng Ja
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
Makabeh Mayer C -- First American Title Company
Trinketown Llc -- First American Title Company
Makabeh Mayer C $72,727 None Available
Khatibi Aliasghar $6,000 None Available
Barrett Connie $130,000 Chicago Title Co
Blain Clarence A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makabeh Mayer C $60,000
Previous Owner Barrett Connie $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2017 02/06/17 Sold $125,000 +0.8% $161 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
07/15/2016 07/15/16 For Sale $124,000 -- $160 / 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 $6,000 $145,067 $34,815 $110,252
2024 $6,000 $142,224 $34,133 $108,091
2023 $6,345 $139,436 $33,464 $105,972
2022 $4,969 $136,703 $32,808 $103,895
2021 $4,537 $134,023 $32,165 $101,858
2020 $6,086 $132,650 $31,836 $100,814
2019 $4,142 $130,050 $31,212 $98,838
2018 $4,125 $127,500 $30,600 $96,900
2016 $3,580 $82,841 $31,065 $51,776
2015 $3,565 $81,598 $30,599 $50,999
2014 $3,570 $80,000 $30,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16006855

Greater Antelope Valley Association of REALTORS®

APN: 3242-024-005