NOT LISTED FOR SALE

44231 Cedar Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $562,000 - $670,947

5 Beds
4 Baths
2,535 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $425,000 $168 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,940/month

9 Days on Market

About This Home

As of March 2020

This is now a Short Sale home. Subject to ban approval on all terms. Perfect opportunity to own a quadplex. Located in West Lancaster. Offering two units with 1 bedroom 1 bath, and two units with 2 bedrooms 1 bathroom. All units currently rented out. From 1200 to 1400 range. Washer and dryer hookups in the 2 bedroom units. 1 car garage for the 2 bedroom units. This is a must see, located near shopping, schools, entertainment, and more.

Last Agent to Sell the Property

Hervi Estrada

Keller Williams Realty A.V. Listed on: 08/15/2019

Last Buyer's Agent

Liana Drube

Keller Williams Realty A.V. License #01887982

Keller Williams Realty A.V.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 2,535 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3132-006-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions To Property: North on Sierra Hwy, West on Ave. J, South on Cedar to property.This is now a Short Sale home. Subject to ban approval on all terms
  • Listing Member Name: Hervi E Estrada
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 0.85
  • Square Footage: 2535.00
  • Tract Suffix: Avenue
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 124975.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Room Evaporated Air
  • HeatingTypes: Baseboard, Wall Furnace

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.21
  • Zoning: LRR2

Tax Info

  • Assessor Parcel Number: 3132-006-016

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Sava Genti
Bought by
Gj Properties Llc
Current Estimated Value
$629,237

Purchase Details

Closed on
Sep 17, 2019
Sold by
Mendez Adofo Alejandro
Bought by
Sava Genti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Casim Erlynn B and Erlyn B Casim Llc
Bought by
Mendez Adolfo Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 15, 2006
Sold by
Cullano Nazarito and Casim Erlynn
Bought by
Erlyn B Casim Llc

Purchase Details

Closed on
Mar 28, 2005
Sold by
Cullano Nazarito and Casim Erlynn B
Bought by
Cullano Nazarito and Casim Erlynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Luna Luis M and Luna Maria C
Bought by
Cullano Nazarito and Casim Erlynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2001
Sold by
Henderson Charles
Bought by
Luna Luis M and Luna Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
7.08%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Henderson Charles and Parker Lillian E
Bought by
Henderson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.86%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Bank Of New York
Bought by
Henderson Charles and Parker Lillian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Aquino Dominador V and Aquino Pauline C
Bought by
Cwmbs Inc and Mortgage Pass Through Certificates Serie
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
Gj Properties Llc -- None Available
Sava Genti $425,000 Old Republic Title Company
Mendez Adolfo Alejandro $460,000 Fidelity National Title Co
Casim Erlynn B -- Fidelity National Title Co
Erlyn B Casim Llc -- None Available
Cullano Nazarito -- North American Title
Cullano Nazarito $385,000 Fidelity National Title Comp
Luna Luis M $129,000 Chicago Title Co
Henderson Charles -- Orange Coast Title
Henderson Charles $90,000 Landsafe Title
Cwmbs Inc $71,500 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sava Genti $300,000
Previous Owner Casim Erlynn B $69,000
Previous Owner Mendez Adolfo Alejandro $368,000
Previous Owner Cullano Nazarito $320,000
Previous Owner Cullano Nazarito $256,000
Previous Owner Luna Luis M $68,500
Previous Owner Henderson Charles $94,400
Previous Owner Henderson Charles $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $425,000 -15.0% $168 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $499,900 -- $197 / 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 $7,710 $460,031 $70,357 $389,674
2024 $7,710 $451,012 $68,978 $382,034
2023 $7,566 $442,170 $67,626 $374,544
2022 $7,431 $433,500 $66,300 $367,200
2021 $7,306 $425,000 $65,000 $360,000
2020 $7,893 $476,000 $124,200 $351,800
2019 $7,868 $476,000 $124,200 $351,800
2018 $6,764 $386,000 $100,700 $285,300
2016 $6,351 $364,000 $95,000 $269,000
2015 $5,257 $272,000 $70,900 $201,100
2014 $4,283 $190,000 $49,500 $140,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hervi Estrada

    Keller Williams Realty A.V.

  • Liana Drube

    Buyer's Agent in 2020

    Liana Drube

    Keller Williams Realty A.V.

    (661) 839-8555

    5 in this area

    88 Total Sales

    Liana Drube
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 19009112

Greater Antelope Valley Association of REALTORS®

APN: 3132-006-016

California Los Angeles County Lancaster 93534 Central Lancaster

44231 Cedar Ave, Lancaster, CA

Not Listed for Sale

MultiFamily

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