Seller's Agent in 2022
Arbi Derian
COMPASS
(626) 487-4410
1 in this area
43 Total Sales
44327 Cedar Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated Value: $715,000 - $764,000
7
Beds
4
Baths
3,144
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- Park
- Zoned Heating and Cooling
- Block Wall Fence
- Laundry Room
- East Facing Home
About This Home
As of June 2022This well maintained residential income property offers a great opportunity of owning a 4PLEX. This property is comprised of 2 buildings. The front building has 2 units, each one is a 2Bed/1Bath with its own laundry facility inside the unit. The back building has 3 private garages for each of the 2bed/1 bath units, a single, and another 2Bed/1Bath unit on top with its own laundry facility. DO NOT DISTURB OCCUPANTS. DRIVE BY ONLY. Visual inspection upon accepted offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 9,207 Sq Ft Lot
- No Common Walls
- East Facing Home
- Block Wall Fence
- No Sprinklers
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
- Garage Door Opener
- Driveway
- Parking Lot
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Zoned Heating and Cooling
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 3132007016
Community Details
Overview
- 2 Buildings
Recreation
- Park
Building Details
- 4 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,217
- Trash Expense $1,200
- Water Sewer Expense $2,040
- Operating Expense $36,854
- Gross Income $59,580
- Net Operating Income $22,723
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 26, 2018
Sold by
Staccato Dominic and Derian Arbi
Bought by
Leghetto Llc
Current Estimated Value
Purchase Details
Listed on
Feb 20, 2018
Closed on
Apr 24, 2018
Sold by
Baker Ian D
Bought by
Yadegar Farid
Seller's Agent
Arbi Derian
COMPASS
Buyer's Agent
Arbi Derian
COMPASS
List Price
$499,995
Sold Price
$585,000
Premium/Discount to List
$85,005
17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$363,750
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2017
Closed on
Mar 25, 2017
Sold by
Baker Pamela
Bought by
Baker Ian D
Seller's Agent
Carlos Alonso
HomeSmart Realty Group
Buyer's Agent
Arbi Derian
COMPASS
List Price
$449,000
Sold Price
$449,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.47%
Original Mortgage
$336,750
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2017
Closed on
Mar 4, 2017
Sold by
Goldasich Debbie and Marroquin Daniel
Bought by
Baker Ian D
Seller's Agent
Carlos Alonso
HomeSmart Realty Group
Buyer's Agent
Arbi Derian
COMPASS
List Price
$449,000
Sold Price
$449,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2016
Sold by
Goldasich Debbie
Bought by
Goldasich Debbie and Marroquin Daniel
Purchase Details
Closed on
May 10, 2016
Sold by
Pleitez Blanca
Bought by
Marroquin Daniel
Purchase Details
Listed on
Jun 8, 2015
Closed on
Aug 11, 2015
Sold by
J & R Home Investments Inc
Bought by
Goldasich Debbie
Seller's Agent
John Barris
Century 21 Masters
Buyer's Agent
Manjeet Kaur
Allied Realty Inc
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$373,117
Interest Rate
3.86%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 15, 2015
Closed on
Mar 16, 2015
Sold by
Pmt Npl Financing 2014-1
Bought by
J & R Home Investments Inc
Seller's Agent
John Manry
Century 21 Doug Anderson
Buyer's Agent
John Barris
List Price
$269,900
Sold Price
$254,200
Premium/Discount to List
-$15,700
-5.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.65%
Original Mortgage
$191,250
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2014
Sold by
Pennymac Holdings Llc
Bought by
Pmt Npl Financing 2014-1
Purchase Details
Closed on
May 7, 2014
Sold by
Huber Scott Joseph and Scott Joseph Huber Living Trus
Bought by
Pennymac Holdings Llc
Purchase Details
Closed on
Feb 13, 2006
Sold by
Huber Scott Joseph and Scott Joseph Huber Living Trus
Bought by
Huber Family Trust
Purchase Details
Closed on
Feb 28, 2005
Sold by
Deleon Robert F
Bought by
Huber Scott Joseph and Scott Joseph Huber Living Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2004
Sold by
Deleon Annette Honeycutt
Bought by
Deleon Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 2004
Sold by
Hernandez Victor and Hernandez Esperanza
Bought by
Deleon Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 29, 2001
Sold by
Nichols Karen K
Bought by
Hernandez Victor and Hernandez Esperanza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.89%
Purchase Details
Closed on
Apr 19, 1999
Sold by
Vonklargaard Peter
Bought by
Nichols Karen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,195
Interest Rate
6.98%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leghetto Llc | -- | None Available | |
| Yadegar Farid | -- | None Available | |
| Yadegar Farid | $485,000 | Lawyers Title | |
| Baker Ian D | -- | Chicago Title Company | |
| Baker Ian D | $449,000 | Chicago Title Company | |
| Goldasich Debbie | -- | None Available | |
| Marroquin Daniel | -- | None Available | |
| Goldasich Debbie | -- | None Available | |
| Goldasich Debbie | $380,000 | Fatcola | |
| J & R Home Investments Inc | $254,500 | Title365 | |
| Pmt Npl Financing 2014-1 | -- | Servicelink | |
| Pennymac Holdings Llc | $235,000 | None Available | |
| Huber Family Trust | -- | None Available | |
| Huber Scott Joseph | $450,000 | Fidelity National Title | |
| Deleon Robert F | -- | Chicago Title Co | |
| Deleon Robert F | $310,000 | Chicago Title Co | |
| Hernandez Victor | $145,000 | Chicago Title | |
| Nichols Karen K | -- | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yadegar Farid | $363,750 | |
| Previous Owner | Baker Ian D | $336,750 | |
| Previous Owner | Goldasich Debbie | $373,117 | |
| Previous Owner | J & R Home Investments Inc | $191,250 | |
| Previous Owner | Huber Scott Joseph | $308,000 | |
| Previous Owner | Deleon Robert F | $263,500 | |
| Previous Owner | Hernandez Victor | $116,000 | |
| Previous Owner | Nichols Karen K | $131,195 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $720,000 | +2.9% | $229 / Sq Ft | |
| 05/27/2022 05/27/22 | Pending | -- | -- | -- | |
| 04/28/2022 04/28/22 | For Sale | $699,900 | +19.6% | $223 / Sq Ft | |
| 05/01/2018 05/01/18 | Sold | $585,000 | 0.0% | $186 / Sq Ft | View Prior Sale |
| 03/29/2018 03/29/18 | Off Market | $585,000 | -- | -- | |
| 02/20/2018 02/20/18 | For Sale | $499,995 | +11.4% | $159 / Sq Ft | |
| 03/29/2017 03/29/17 | Sold | $449,000 | 0.0% | $143 / Sq Ft | View Prior Sale |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- | |
| 02/03/2017 02/03/17 | For Sale | $449,000 | +18.2% | $143 / Sq Ft | |
| 09/22/2015 09/22/15 | Sold | $380,000 | 0.0% | $121 / Sq Ft | View Prior Sale |
| 09/15/2015 09/15/15 | Sold | $380,000 | -1.3% | $121 / Sq Ft | View Prior Sale |
| 08/13/2015 08/13/15 | Pending | -- | -- | -- | |
| 08/03/2015 08/03/15 | Pending | -- | -- | -- | |
| 07/20/2015 07/20/15 | For Sale | $385,000 | 0.0% | $122 / Sq Ft | |
| 06/08/2015 06/08/15 | For Sale | $385,000 | +51.5% | $122 / Sq Ft | |
| 04/01/2015 04/01/15 | Sold | $254,200 | -5.8% | $81 / Sq Ft | View Prior Sale |
| 03/18/2015 03/18/15 | Pending | -- | -- | -- | |
| 01/15/2015 01/15/15 | For Sale | $269,900 | -- | $86 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $11,343 | $764,068 | $116,732 | $647,336 |
| 2024 | $11,343 | $749,088 | $114,444 | $634,644 |
| 2023 | $11,115 | $734,400 | $112,200 | $622,200 |
| 2022 | $8,455 | $514,917 | $77,502 | $437,415 |
| 2021 | $8,313 | $504,822 | $75,983 | $428,839 |
| 2020 | $8,222 | $499,946 | $75,204 | $424,742 |
| 2019 | $8,137 | $495,000 | $74,460 | $420,540 |
| 2018 | $7,671 | $458,280 | $90,780 | $367,500 |
| 2016 | $6,574 | $380,000 | $75,000 | $305,000 |
| 2015 | $5,268 | $270,000 | $40,500 | $229,500 |
| 2014 | -- | $500,313 | $90,963 | $409,350 |
Source: Public Records
Agents Affiliated with this Home
-
Arbi Derian
-
Frances Reinoso
Buyer's Agent in 2022
Frances Reinoso
Keller Williams Premier Prop
(562) 713-9800
1 in this area
96 Total Sales
-
C
Seller's Agent in 2017
Carlos Alonso
HomeSmart Realty Group
-
J
Seller's Agent in 2015
John Manry
Century 21 Doug Anderson
-
J
Seller's Agent in 2015
John Barris
Century 21 Masters
-
M
Buyer's Agent in 2015
Manjeet Kaur
Allied Realty Inc
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-9250
APN: 3132-007-016
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