NOT LISTED FOR SALE

43857 Division St Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $369,000 - $603,000

1.57 Acres
$308,461 Price per Acre
68,389 Sq Ft Lot

Last Sold March 30, 2021

Last sale price $462,500 $475 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,994/month

56 Days on Market

Highlights

  • 1.57 Acre Lot
  • Corner Lot
  • Cul-De-Sac

About This Lot

As of March 2021

Amazing opportunity here! 1.57 acres of land zoned light industrial, with road frontage on one of the most heavily traveled streets in Lancaster. Beyond the great location, this property has so much more to offer, including utilities already installed, recently paved streets and curbing, several storage & out buildings, proximity to rail tracks, partial fencing, and even a multiple rented units producing income every month! Both units (the outside shop and residential dwelling) have had many improvements made in recent years and are currently bringing in $1900 a month combined! This property is extremely unique & versatile and offers so many possibilities for investors, developers, or businesses looking to establish a storefront. Come take a look before it's gone!

Last Agent to Sell the Property

Patrick Fossati

RE/MAX Gold Coast REALTORS License #01907255 Listed on: 08/28/2020

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Alexander Seropian

FIRST PACIIFIC REALTY License #01331016

Property Details

Property Type

  • Land

Lot Details

  • 1.57 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Land Lease
  • Property is zoned LRLI

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 3130032047

Property Details

Property Type

Land

Lot Details

1.57 Acres

Listing Details

  • Road Frontage Type: City Street
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LRLI
  • Property Type: Land
  • Parcel Number: 3130032047
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.76

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: Yes
  • Lot Features: Corner Lot, Corners Marked, Cul-De-Sac
  • Lot Size Sq Ft: 68389.00
  • Lot Size Acres: 1.5700

Multi Family

  • Lot Size Area: 68389.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Feb 21, 2021
Sold by
Zuniga Edgar H and Zuniga Rosalina
Bought by
Harutyunyan Garen
Seller's Agent
Patrick Fossati
RE/MAX Gold Coast REALTORS
Buyer's Agent
Alexander Seropian
FIRST PACIIFIC REALTY
List Price
$499,000
Sold Price
$462,500
Premium/Discount to List
-$36,500
-7.31%
Current Estimated Value
$484,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,783
Avg. Annual Appreciation
0.93%
Original Mortgage
$231,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2020
Closed on
Feb 12, 2021
Sold by
Zuniga Edgar H and Zuniga Rosalina
Bought by
Harutyunyan Garen
Seller's Agent
Patrick Fossati
RE/MAX Gold Coast REALTORS
Buyer's Agent
Alexander Seropian
FIRST PACIIFIC REALTY
List Price
$499,000
Sold Price
$462,500
Premium/Discount to List
-$36,500
-7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2016
Closed on
May 10, 2017
Sold by
The Binando Family Partnership
Bought by
Zuniga Edgar H and Zuniga Rosalina
Seller's Agent
Patrick Fossati
Re/Max Gold Coast REALTORS
Buyer's Agent
Patrick Fossati
Berkshire Hathaway HomeServices Troth, REALTORS
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Binando Adelina
Bought by
Binando Adelina and The Adelina Binando Trust

Purchase Details

Closed on
Feb 4, 1998
Sold by
Binando Adelina
Bought by
Binando Adelina and The Adelina Binando Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harutyunyan Garen $462,500 Chicago Title Company
Harutyunyan Garen $462,500 Chicago Title
Zuniga Edgar H $235,000 Chicago
Binando Adelina -- --
Binando Adelina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harutyunyan Garen $231,250
Previous Owner Harutyunyan Garen $231,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $462,500 -7.3% $475 / Sq Ft
01/04/2021 01/04/21 For Sale $499,000 0.0% $513 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $499,000 +112.3% $513 / Sq Ft
05/24/2017 05/24/17 Sold $235,000 -20.3% $242 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
09/23/2016 09/23/16 For Sale $295,000 -- $303 / Sq Ft
Source: Ventura County Regional Data Share

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 $5,705 $376,144 $94,712 $281,432
2024 $5,705 $368,769 $92,855 $275,914
2023 $5,580 $361,539 $91,035 $270,504
2022 $5,343 $191,384 $57,415 $133,969
2021 $3,005 $187,633 $56,290 $131,343
2020 $2,971 $185,710 $55,713 $129,997
2019 $2,919 $182,070 $54,621 $127,449
2018 $2,764 $178,500 $53,550 $124,950
2016 $1,270 $56,407 $25,655 $30,752
2015 $1,259 $55,561 $25,270 $30,291
2014 $1,269 $54,473 $24,775 $29,698
Source: Public Records

Agents Affiliated with this Home

  • Patrick Fossati

    Seller's Agent in 2021

    Patrick Fossati

    RE/MAX

    (805) 910-0463

    2 in this area

    107 Total Sales

    Patrick Fossati
    Section Image
  • Alexander Seropian

    Buyer's Agent in 2021

    Alexander Seropian

    FIRST PACIIFIC REALTY

    (626) 628-5121

    9 in this area

    35 Total Sales

    Alexander Seropian
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-219011569

Ventura County Regional Data Share

APN: 3130-032-047

California Los Angeles County Lancaster 93534 East Lancaster

43857 Division St, Lancaster, CA

Not Listed for Sale

Lots

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