NOT LISTED FOR SALE

Estimated Value: $608,000 - $699,754

6 Beds
3 Baths
3,272 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $398,000 $122 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,982/month

About This Home

As of March 2019

Location!... location!... location!! ...3 units only one block from Downtown Lancaster, Each unit has 2 bedrooms and 1 bathroom, each unit has their own private gated yard, one car detached garage for each unit. This lot is zoning: LRC2, also have for sale next property 44721 Date Ave. if you combine both lots (per seller) you can build multiple units. Only few blocks to the Lancaster Performing Arts Center, restaurants, entertainment, etc.

Last Agent to Sell the Property

Orlando Cruz

Brightstone Estate Properties License #01051110 Listed on: 01/17/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1955

Lot Details

  • 8,861 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,272 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 3134017004
  • Tax Block 16

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Trash Expense $372
  • Water Sewer Expense $1,560
  • Operating Expense $2,682
  • Gross Income $33,300
  • Net Operating Income $30,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Zoning: LRC2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 3134017004
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 121.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 372.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 8861
  • Lot Size Sq Ft: 8861.00
  • Lot Size Acres: 0.2034

Multi Family

  • Gross Income: 33300.00
  • Gross Scheduled Income: 33300.00
  • Insurance Expense: 750.00
  • Lot Size Area: 8861.0000 Square Feet
  • Net Operating Income: 30618.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2682.00
  • Rent Control: No
  • Total Expenses: 2682.00

Tax Info

  • Tax Area: 5835
  • Tax Block: 16
  • Tax Census Tract: 9008.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 1, 2019
Sold by
Hernandez Dore and Hernandez Maria Estela
Bought by
Kwon Daniel
Seller's Agent
Orlando Cruz
Brightstone Estate Properties
List Price
$398,000
Sold Price
$398,000
Current Estimated Value
$642,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,939
Avg. Annual Appreciation
7.61%
Original Mortgage
$296,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hernandez Dore and Hernandez Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2008
Sold by
Roher Shawna
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 29, 2005
Sold by
Morrison Max M and Morrison Leticia E
Bought by
Roher Shawna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2005
Sold by
Morrison Max M and Morrison Leticia E
Bought by
Morrison Max M and Morrison Leticia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2003
Sold by
Hultquist Donald and Hultquist Melva
Bought by
Morrison Max Martin and Morrison Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.73%

Purchase Details

Closed on
Feb 10, 2003
Sold by
Hultquist Linden and Hultquist Judy
Bought by
Hultquist Donald and Hultquist Melva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.73%

Purchase Details

Closed on
Oct 20, 1993
Sold by
The Hultquist Trust
Bought by
The Hultquist Trust
Source: Public Records

Range of Values:

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Average Value
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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
Kwon Daniel $395,000 Usa National Title Company
Hernandez Dore $130,000 Lawyers Title Company
Deutsche Bank National Trust Company $200,100 Accommodation
Roher Shawna $410,000 Fidelity National Title Co
Morrison Max M -- Fidelity National Title Co
Morrison Max Martin $187,000 First American Title Co
Hultquist Donald -- First American Title Co
The Hultquist Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwon Daniel $296,250
Previous Owner Hernandez Dore $90,000
Previous Owner Roher Shawna $328,000
Previous Owner Morrison Max M $250,000
Previous Owner Morrison Max Martin $149,600
Closed Morrison Max Martin $18,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $398,000 0.0% $122 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $398,000 -- $122 / Sq Ft
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 $6,717 $440,625 $66,929 $373,696
2024 $6,717 $431,986 $65,617 $366,369
2023 $6,590 $423,517 $64,331 $359,186
2022 $6,477 $415,214 $63,070 $352,144
2021 $6,381 $407,074 $61,834 $345,240
2020 $6,310 $402,900 $61,200 $341,700
2019 $3,266 $149,946 $30,009 $119,937
2018 $3,293 $147,007 $29,421 $117,586
2016 $3,141 $141,301 $28,280 $113,021
2015 $3,110 $139,180 $27,856 $111,324
2014 $3,127 $136,455 $27,311 $109,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19010476

California Regional Multiple Listing Service (CRMLS)

APN: 3134-017-004