NOT LISTED FOR SALE

Estimated Value: $450,000 - $634,421

5 Beds
3 Baths
1,847 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $270,000 $146 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,346/month

79 Days on Market

Highlights

  • Property is near public transit
  • Evaporated cooling system
  • Front Yard

About This Home

As of July 2016

Three adorable courtyard units, each has their own private patio and parking. Walking distance to south downtown Lancaster. New library, shops, restaurants, movie and performing arts center. Property has been well maintained. Front house is 2 bedroom 1 bath, another unit same 2 bedroom 1 bath in back and a 1 bedroom apartment. Please do not walk onto the property. Shown with accepted offer only.

Last Agent to Sell the Property

Sona Gallatin

Keller Williams VIP Properties License #01488764 Listed on: 03/20/2016

Keller Williams VIP Properties

Last Buyer's Agent

Anaceli Rodriguez

Peak Real Estate Inc. License #01900694

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 9,959 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,847 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • Property is near public transit
  • Evaporated cooling system

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 9009
  • Assessor Parcel Number 3134026012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $80
  • Professional Management Expense $220
  • Trash Expense $70
  • Water Sewer Expense $70
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Professional Management Expense: 220.00
  • Property Attached: No
  • Water Sewer Expenses: 70.00
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 3134026012
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 146.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 70.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 9959.00
  • Price Per Lot Square Foot: 27.11

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 27000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 9008.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2016
Closed on
Jun 15, 2016
Sold by
Kobrossi Marcelle
Bought by
Mora Guadalupe Cervando
Seller's Agent
Sona Gallatin
Keller Williams VIP Properties
Buyer's Agent
Anaceli Rodriguez
Peak Real Estate Inc.
List Price
$278,500
Sold Price
$270,000
Premium/Discount to List
-$8,500
-3.05%
Current Estimated Value
$553,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,474
Avg. Annual Appreciation
7.92%
Original Mortgage
$266,109
Outstanding Balance
$212,000
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$341,474

Purchase Details

Listed on
Jun 28, 2012
Closed on
Jul 3, 2012
Sold by
Hultquist Melva G and Hultquist Trust
Bought by
Kobrossi Marcelle
Seller's Agent
Alec Bernstein
LRS Realty & Management Inc.
Buyer's Agent
Sona Gallatin
Kingway Properties
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$108,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2010
Sold by
Hultquist Melva G and Hultquist Trust
Bought by
Hultquist Melva G and Sub Trust B
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
Mora Guadalupe Cervando $270,000 Fatcola
Kobrossi Marcelle $155,000 California Title Company
Hultquist Melva G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Guadalupe Cervando $266,109
Previous Owner Kobrossi Marcelle $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2016 07/25/16 Sold $270,000 -3.1% $146 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $278,500 +79.7% $151 / Sq Ft
07/31/2012 07/31/12 Sold $155,000 -- $84 / Sq Ft View Prior Sale
06/29/2012 06/29/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,357 $313,351 $46,420 $266,931
2024 $5,357 $307,208 $45,510 $261,698
2023 $5,259 $301,185 $44,618 $256,567
2022 $5,168 $295,281 $43,744 $251,537
2021 $5,084 $289,492 $42,887 $246,605
2020 $5,031 $286,525 $42,448 $244,077
2019 $4,948 $280,908 $41,616 $239,292
2018 $4,873 $275,400 $40,800 $234,600
2016 $3,421 $161,234 $24,444 $136,790
2015 $3,385 $158,813 $24,077 $134,736
2014 $3,394 $155,703 $23,606 $132,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16058700

California Regional Multiple Listing Service (CRMLS)

APN: 3134-026-012