NOT LISTED FOR SALE

44525 Cedar Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $423,000 - $541,000

3 Beds
3 Baths
1,647 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $299,900 $182 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,035/month

84 Days on Market

Highlights

  • Refrigerated and Evaporative Cooling System
  • Wood Siding
  • 5-minute walk to Jane Reynolds Park

About This Home

As of July 2017

Great Multi-Unit, income producing property located in Lancaster. Purchase also includes adjacent lot (APN:3134-026-027). Two units have been recently renovated and all units are rented! Great opportunity for all investors. The extra lot provides opportunity for growth.

Last Agent to Sell the Property

Adrian Luna

License #01781637 Listed on: 04/06/2017

Co-Listed By

Renuca Ajodha-Luna

License #01948572

Last Buyer's Agent

Maria Navarro

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 1,647 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3134-026-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Directions To Property: East on Ave J, turn left and head North on Cedar to units.
  • Income Producing: Yes
  • Listing Member Name: Adrian Luna
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.00
  • Square Footage: 1647.00
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 99966.67
  • Total Bathrooms: 3.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.20
  • Zoning: Residential

Rental Info

  • Pet Deposit: 3000

Tax Info

  • Assessor Parcel Number: 3134-026-018

Multi Family

  • Number1 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jul 5, 2017
Sold by
Luna Eduardo
Bought by
Martinez Corina Evelyn
Seller's Agent
Adrian Luna
Buyer's Agent
Maria Navarro
Century 21 Masters
List Price
$310,000
Sold Price
$299,900
Premium/Discount to List
-$10,100
-3.26%
Current Estimated Value
$498,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,767
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Apr 15, 2015
Sold by
Waschek Pauline E and The Pauline E Rocha Revocable
Bought by
Luna Eduardo

Purchase Details

Closed on
Mar 4, 2015
Sold by
Waschek Pauline E and Estate Of Pauline E Rocha
Bought by
Waschek Pauline E and The Pauline E Rocha Revocable

Purchase Details

Closed on
Nov 20, 2014
Sold by
Baxter Charles Richard
Bought by
Baxter Charles Richard
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
Martinez Corina Evelyn $300,000 Chicago Title Company
Luna Eduardo $175,000 Fidelity
Waschek Pauline E -- None Available
Baxter Charles Richard -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $299,900 -3.3% $182 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $310,000 -- $188 / 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 $5,155 $297,538 $42,667 $254,871
2024 $5,155 $291,705 $41,831 $249,874
2023 $5,062 $285,986 $41,011 $244,975
2022 $4,975 $280,379 $40,207 $240,172
2021 $4,895 $274,882 $39,419 $235,463
2020 $4,844 $272,064 $39,015 $233,049
2019 $4,765 $266,730 $38,250 $228,480
2018 $4,693 $261,500 $37,500 $224,000
2016 $3,196 $150,000 $25,000 $125,000
2015 $1,896 $32,993 $11,803 $21,190
2014 $1,940 $32,347 $11,572 $20,775
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Adrian Luna

  • R

    Seller Co-Listing Agent in 2017

    Renuca Ajodha-Luna

    (661) 400-9119

    3 Total Sales

    Renuca Ajodha-Luna
    Section Image

  • M

    Buyer's Agent in 2017

    Maria Navarro

    Century 21 Masters

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17003093

Greater Antelope Valley Association of REALTORS®

APN: 3134-026-018

California Los Angeles County Lancaster 93534 Central Lancaster

44525 Cedar Ave, Lancaster, CA

Not Listed for Sale

MultiFamily

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