NOT LISTED FOR SALE

45002 40th St E Lancaster, CA 93535

Estimated Value: $232,000 - $385,657

2 Beds
0.5 Bath
1,098 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $89,500 $82 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,716/month

69 Days on Market

Highlights

  • Horse Property
  • 5.01 Acre Lot
  • Rectangular Lot
  • RV Access or Parking
  • 1-Story Property

About This Home

As of May 2015

Good investment. Near the Baptist College, very near town. On approx. 5 acres. Needs some T.L.C.

Last Agent to Sell the Property

Michael LeFebvre

East Valley Real Estate License #00761853 Listed on: 01/14/2015

Co-Listed By

Yunhe Schmidt

East Valley Real Estate License #01165630

Last Buyer's Agent

Patrice Howard

1st Property Real Estate Inc License #01086726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 5.01 Acre Lot
  • Rectangular Lot
  • Property is zoned LCA22*

Parking

  • RV Access or Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Outdoor Features

  • Horse Property

Utilities

  • Well
  • Septic System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3150-018-024

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: 40 St. E. Between Ave. I and Lancaster Blvd.
  • Listing Member Name: Michael LeFebvre
  • Lot Measurement: SqFt
  • Prop. Type: A
  • Sp Percent Lp: 0.85
  • Square Footage: 1098.00
  • Tract Suffix: Street
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Appliances: None
  • Half Bathrooms: 1
  • Fireplace: None

Exterior Features

  • Exterior Features: Pets Allowed
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Raised

Garage/Parking

  • Garage Spaces: None

Utilities

  • Sewer: Septic System
  • Hot Water: Own Well

Condo/Co-op/Association

  • HOA: Yes
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 5.01
  • Zoning: LCA22*
  • Horse Property: Yes

Tax Info

  • Assessor Parcel Number: 3150-018-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 2, 2015
Sold by
Lancaster Korean Baptist Church
Bought by
Flores Heladia Benitez and Lopez Talia Flores
Seller's Agent
Michael LeFebvre
East Valley Real Estate
Buyer's Agent
Patrice Howard
1st Property Real Estate Inc
List Price
$105,000
Sold Price
$89,500
Premium/Discount to List
-$15,500
-14.76%
Current Estimated Value
$305,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,664
Avg. Annual Appreciation
12.18%
Original Mortgage
$90,000
Outstanding Balance
$69,031
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,133

Purchase Details

Closed on
Jan 11, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lancaster Korean Baptist Church

Purchase Details

Closed on
Jul 12, 1994
Sold by
Stan Shaw Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Flores Heladia Benitez $89,500 Fidelity National Title Co
Lancaster Korean Baptist Church $44,500 World Title Company
Federal Home Loan Mortgage Corporation $70,000 World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Heladia Benitez $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $89,500 -14.8% $82 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $105,000 -- $96 / 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 $1,435 $107,555 $43,261 $64,294
2024 $1,435 $105,447 $42,413 $63,034
2023 $1,386 $103,381 $41,582 $61,799
2022 $1,729 $101,355 $40,767 $60,588
2021 $1,383 $99,368 $39,968 $59,400
2019 $1,346 $96,423 $38,784 $57,639
2018 $1,356 $94,533 $38,024 $56,509
2016 $1,197 $90,864 $36,549 $54,315
2015 $2,130 $161,800 $137,000 $24,800
2014 -- $161,800 $137,000 $24,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael LeFebvre

    East Valley Real Estate

  • Y

    Seller Co-Listing Agent in 2015

    Yunhe Schmidt

    East Valley Real Estate

    Section Image
  • Patrice Howard

    Buyer's Agent in 2015

    Patrice Howard

    1st Property Real Estate Inc

    (661) 406-7635

    71 Total Sales

    Patrice Howard
    Section Image
See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1500561

Greater Antelope Valley Association of REALTORS®

APN: 3150-018-024

California Los Angeles County Lancaster 93535

45002 40th St E, Lancaster, CA

Not Listed for Sale

Detached

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.

Greater Antelope Valley Association of REALTORS® 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.

Nearby Homes