Seller's Agent in 2022
Arbi Derian
COMPASS
(626) 487-4410
1 in this area
45 Total Sales
44327 Cedar Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated Value: $644,000 - $752,000
7
Beds
4
Baths
3,144
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Park
- East Facing Home
- Block Wall Fence
- Zoned Heating and Cooling
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 in unit
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
May 11, 2022
Sold by
Bought by
Seller's Agent
Arbi Derian
COMPASS
Buyer's Agent
Frances Reinoso
Keller Williams Premier Prop
List Price
$699,900
Sold Price
$720,000
Premium/Discount to List
$20,100
2.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,918
Avg. Annual Appreciation
-0.34%
Original Mortgage
$576,000
Outstanding Balance
$543,260
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$166,822
Purchase Details
Closed on
Apr 7, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 2018
Sold by
Bought by
Purchase Details
Listed on
Feb 20, 2018
Closed on
Apr 24, 2018
Sold by
Bought by
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
2.41%
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
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
May 10, 2016
Sold by
Bought by
Purchase Details
Listed on
Jun 8, 2015
Closed on
Aug 11, 2015
Sold by
Bought by
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
5.98%
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
Bought by
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
Bought by
Purchase Details
Closed on
May 7, 2014
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 2005
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
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
Bought by
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $720,000 | Lawyers Title | ||
| -- | Lawyers Title | ||
| -- | Lawyers Title | ||
| -- | New Title Company Name | ||
| -- | Landwood Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $485,000 | Lawyers Title | ||
| -- | Chicago Title Company | ||
| $449,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $380,000 | Fatcola | ||
| $254,500 | Title365 | ||
| -- | Servicelink | ||
| $235,000 | None Available | ||
| -- | None Available | ||
| $450,000 | Fidelity National Title | ||
| -- | Chicago Title Co | ||
| $310,000 | Chicago Title Co | ||
| $145,000 | Chicago Title | ||
| -- | Landsafe Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $576,000 | ||
| Previous Owner | $355,000 | ||
| Previous Owner | $363,750 | ||
| Previous Owner | $336,750 | ||
| Previous Owner | $373,117 | ||
| Previous Owner | $191,250 | ||
| Previous Owner | $308,000 | ||
| Previous Owner | $263,500 | ||
| Previous Owner | $116,000 | ||
| Previous Owner | $131,195 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,787 | $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
101 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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