$685,000
SOLD MAY 29, 2025
12.73 Acres
$53,821 Price per Acre
554,401 Sq Ft Lot

Recently Sold

65% Below List Price

1,118 Days on Market

Highlights

  • 12.73 Acre Lot
  • No HOA
  • Rectangular Lot
  • Property is near public transit

About This Lot

As of May 2025

Huge price reduction on Approx. 12.72 acres in the fastest growing community in East Palmdale. Prime Developed area of 47th Street and Palmdale Blvd. Lot is approx. 660 feet of frontage on Palmdale Blvd. 840 Ft. Depth on proposed 45th Street ( at city's discretion). All utilities are available. Approx. 3.5 miles from Palmdale Airport and City Hall. Major Medical Center two parcels to West on 40th St. Major shopping all along 47th St. E along with beautiful family residential communities. Beautiful parks and recreation in the neighborhood. Great quality schools, restaurants and fast food, entertainment and easy transportation. Close to freeways for great access to many destinations. Beautiful area at still affordable prices.

Last Agent to Sell the Property

Alfred Shanfeld

Citadel Ventures, Inc. Brokerage Phone: 818-437-5117 License #00810987 Listed on: 04/04/2022

Last Buyer's Agent

Jawad Afzal

REALTY 365 License #01896940

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,715

Lot Details

  • 12.73 Acre Lot
  • Rectangular Lot
  • Level Lot
  • The property's topography is level
  • Value in Land
  • Property is zoned PDC2

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Phone Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3023004053
  • $155 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$16,715

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Current Use Comments: New Land Use Plan in Process. Buyer to check with Planning Dept.
  • Ingress Egress: Yes
  • Other Phone Description: Alfie Cell
  • Other Phone Number: 818-437-5117
  • Possible Use: Buyer to verify, Commercial
  • Possible Use Comments: New Land Use Plan in Process. Buyer to check with Planning Dept. Potential for Live/Work Units, Strip Retail Center, Food Service, and Office. Buyer to Verify with City Depts. for all potential uses.
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Survey: Buyer Pays
  • View: No
  • Zoning: PDC2
  • Property Type: Land
  • Parcel Number: 3023004053
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.24

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Valley

Lot Info

  • Topography: level
  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 1180126
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Near Public Transit, Value In Land
  • Lot Size Sq Ft: 554400.00
  • Lot Size Acres: 12.7273
  • Latitude Manual: 34.57984100

Multi Family

  • Lot Size Area: 554400.0000 Square Feet

Tax Info

  • Tax Lot: 2
  • Tax Annual Amount: 16715.00
  • TaxOtherAnnualAssessmentAmount: 155.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 23, 2025
Sold by
Carol Walker Living Trust and Walker Carol
Bought by
Ali Amer and Rafiq Shazia
Seller's Agent
Alfred Shanfeld
Citadel Ventures, Inc.
Buyer's Agent
Jawad Afzal
REALTY 365
List Price
$1,975,000
Sold Price
$685,000
Premium/Discount to List
-$1,290,000
-65.32%
Views
238

Purchase Details

Closed on
Nov 30, 2021
Sold by
Ng Carol Walker and Crystal Properties Ltd Lp
Bought by
Walker Carol and Carol Walker Living Trust

Purchase Details

Closed on
Nov 18, 2011
Sold by
4500 E Palmdale Blvd Llc
Bought by
Crystal Properties Ltd Lp

Purchase Details

Closed on
Jun 25, 2007
Sold by
Crystal Properties Ltd Lp
Bought by
4500 E Palmdale Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Equity Title
Interfamily Deed Transfer -- None Available
Trustee Deed $500,000 None Available
Grant Deed $3,650,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,650,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $685,000 -31.4% --
08/08/2024 08/08/24 Price Changed $999,000 -23.2% --
09/09/2023 09/09/23 Price Changed $1,300,000 -34.2% --
04/04/2022 04/04/22 For Sale $1,975,000 -- --
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 $17,859 $1,349,855 $1,349,855 --
2024 $17,859 $1,323,388 $1,323,388 --
2023 $18,989 $1,297,440 $1,297,440 $0
2022 $17,078 $1,203,728 $1,203,728 $0
2021 $16,715 $1,180,126 $1,180,126 $0
2019 $16,119 $1,145,124 $1,145,124 $0
2018 $15,496 $1,122,671 $1,122,671 $0
2016 $14,881 $1,079,077 $1,079,077 $0
2015 $15,010 $1,062,869 $1,062,869 $0
2014 $15,174 $1,042,049 $1,042,049 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22067310

California Regional Multiple Listing Service (CRMLS)

APN: 3023-004-053