NOT LISTED FOR SALE

Estimated Value: $869,000 - $1,109,175

8 Beds
9 Baths
4,468 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $565,000 $126 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,250/month

47 Days on Market

About This Home

As of December 2017

If you are a Real Estate Investor, and interested in purchasing 4 units as a investment, then you need to see these units. These units are in a nice looking location ( corner property ) Seller is firm on listed price, and requiring CASH only, This investment base on its corner position brings out its true highlights and building character. Dont pass this investment opportunity, these units are two bed rooms and 1 bath room. This area appears to be in a nice location in Lancaster. Great investment for the right investor. This units are subject to drive by only, please do not disturb tenants. All offers are subject to walk-though inspection. Call agent for additional information if needed. call agt for details These units are Section 8 tenants subject to verification of income and expensives ( all gross and net income are only estimate ) and shall be to subject to when presenting a offer.

Last Agent to Sell the Property

Armando Sanchez

24/7 Real Estate License #01027928 Listed on: 08/11/2017

Last Buyer's Agent

SILVIA MENDOZA

GOLD-MINE GROUP License #01126877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,095

Year Built

  • Built in 1987

Lot Details

  • 0.28

Parking

  • 4 Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 4,468 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Additional Features

  • 0.28 Acre Lot
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3140-030-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,095

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4468
  • Stories: 1
  • Year Built: 1987
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 134.06

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central
  • Water Expense: 6000.00

Condo/Co-op/Association

  • Professional Management: 2700.00

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 7500.00
  • Trash Expense: 2280.00

Lot Info

  • Assessed Improvement Value: 447446
  • Assessed Land Value: 117744
  • Assessor Parcel Number: 3140-030-023
  • Geocode Override: No
  • Lot Size Area: 12067

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18000.00
  • Number Of Units: 4
  • Total Annual Expense: 34629
  • Type Of Units: 4
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 8489.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2017
Sold by
Akin Phillip O
Bought by
Quinteros Alicia
Current Estimated Value
$1,000,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Akin Julliet
Bought by
Akin Phillip O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Silon Visser Rona M and Silon Rona M
Bought by
Akin Phillip O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Visser Albert J
Bought by
Silon Visser Rona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quinteros Alicia $599,000 Provident Title Company
Akin Phillip O -- Alliance Title Company
Akin Phillip O $480,000 Alliance Title Company
Silon Visser Rona M -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinteros Alicia $550,000
Previous Owner Quinteros Alicia $550,000
Previous Owner Akin Phillip O $60,000
Previous Owner Akin Phillip O $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $565,000 -5.7% $126 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $599,000 -- $134 / Sq Ft
Source: The MLS

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 $10,095 $642,868 $102,402 $540,466
2024 $10,095 $630,264 $100,395 $529,869
2023 $9,900 $617,907 $98,427 $519,480
2022 $9,720 $605,793 $96,498 $509,295
2021 $9,553 $593,915 $94,606 $499,309
2019 $9,281 $576,300 $91,800 $484,500
2018 $9,118 $565,000 $90,000 $475,000
2017 $9,288 $576,492 $120,098 $456,394
2016 $8,896 $565,190 $117,744 $447,446
2015 $8,781 $556,701 $115,976 $440,725
2014 $8,625 $545,797 $113,705 $432,092
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-260738

The MLS

APN: 3140-030-023