NOT LISTED FOR SALE

45113 Spearman Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $575,000 - $772,000

6 Beds
3 Baths
2,352 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $398,000 $169 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,071/month

17 Days on Market

About This Home

As of May 2019

HUGE TRI-PLEX OPPORTUNITY!! Each unit is 2 bedroom, 1 bath and garage. The adjoining building is for sale as well. Owned by same Owner. Both are separate APN's but MUST be purchased at same time due to shared master water meter and shared driveway/gate. The building's are very well maintained with mature trees, wrought iron fencing, automatic front gate and long driveway that runs through them. 45117 Spearman Ave is the adjoining building address and listed for $399,900

Last Agent to Sell the Property

Heidi Benhamou-Courtney

Scenic Hills Real Estate License #01268266 Listed on: 04/22/2019

Last Buyer's Agent

Ilham Theodory

Preferred Real Estate and Investments Inc. License #01222393

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,583

Home Design

  • 2,352 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3138-004-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions To Property: From I-14, East on Avenue I, past Sierra Highway to Spearman, South to property
  • Income Producing: Yes
  • Listing Member Name: Heidi B Courtney
  • Lot Measurement: Acres
  • Prop. Type: E
  • Sp Percent Lp: 1.00
  • Square Footage: 2352.00
  • Tract Suffix: Avenue
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 133300.00
  • Total Bathrooms: 3.00

Exterior Features

  • Exterior Construction: Brick, Frame, Stucco, Wood
  • Roof: Composition

Garage/Parking

  • AdditionalInfoParkingSpaces: 3

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Elec

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.22
  • Zoning: LRR2*

Rental Info

  • Pet Deposit: 3%

Tax Info

  • Assessor Parcel Number: 3138-004-020

Multi Family

  • Number2 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 24, 2019
Sold by
Boghosian Maggy
Bought by
Boghosian Amer
Seller's Agent
Heidi Benhamou-Courtney
Scenic Hills Real Estate
Buyer's Agent
Ilham Theodory
Preferred Real Estate and Investments Inc.
List Price
$399,900
Sold Price
$398,000
Premium/Discount to List
-$1,900
-0.48%
Current Estimated Value
$671,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,697
Avg. Annual Appreciation
8.27%
Original Mortgage
$298,500
Outstanding Balance
$261,901
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$409,796

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 23, 2019
Sold by
Gcc Multi Unit A Llc
Bought by
Boghosian Amer
Seller's Agent
Heidi Benhamou-Courtney
Scenic Hills Real Estate
Buyer's Agent
Ilham Theodory
Preferred Real Estate and Investments Inc.
List Price
$399,900
Sold Price
$398,000
Premium/Discount to List
-$1,900
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Outstanding Balance
$261,901
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$409,796

Purchase Details

Closed on
Dec 20, 2010
Sold by
Gcc Partners Llc
Bought by
Gcc Multi Unit A Llc

Purchase Details

Closed on
Feb 11, 2009
Sold by
Us Bank National Association
Bought by
Gcc Partners Llc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Arevalo Blanca I
Bought by
Us Bank Na and Terwin Mortgage Trust 2005-18Alt Asset B

Purchase Details

Closed on
Aug 25, 2005
Sold by
Kachin George
Bought by
Arevalo Blanca I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2002
Sold by
Fannin Zoila M
Bought by
Kachin George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.88%

Purchase Details

Closed on
Jul 26, 2002
Sold by
Kachin Lisa
Bought by
Kachin George

Purchase Details

Closed on
Apr 29, 1999
Sold by
Fannin Zoila Marina and The Zoila Marina Fannin Revoca
Bought by
Fannin Zoila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,450
Interest Rate
6.9%

Purchase Details

Closed on
Oct 16, 1998
Sold by
Amresco Residential Properties Inc
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Aug 17, 1998
Sold by
Balajadia Renato C
Bought by
Amresco Residential Properties Inc

Purchase Details

Closed on
Mar 26, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Balajadia Renato C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.82%

Purchase Details

Closed on
Dec 7, 1994
Sold by
Surber Leona L and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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
Boghosian Amer -- First American Title Company
Boghosian Amer $398,000 First American Title Resale
Gcc Multi Unit A Llc -- None Available
Gcc Partners Llc $152,000 Lsi Title Agency Inc
Us Bank Na $199,221 None Available
Arevalo Blanca I $450,000 --
Kachin George $160,500 Gateway Title Company
Kachin George -- Gateway Title Company
Fannin Zoila M -- Chicago Title Co
Ocwen Federal Bank Fsb -- --
Amresco Residential Properties Inc $61,623 American Title Ins Co
Balajadia Renato C $35,000 Investors Title Company
Home Svgs Of America Fsb $76,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boghosian Amer $298,500
Previous Owner Arevalo Blanca I $359,650
Previous Owner Kachin George $65,000
Previous Owner Fannin Zoila M $59,450
Previous Owner Balajadia Renato C $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $398,000 -0.5% $169 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $399,900 -- $170 / 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 $6,740 $443,972 $66,929 $377,043
2024 $6,740 $435,267 $65,617 $369,650
2023 $6,616 $426,733 $64,331 $362,402
2022 $6,509 $418,367 $63,070 $355,297
2021 $6,420 $410,165 $61,834 $348,331
2020 $6,350 $405,960 $61,200 $344,760
2019 $3,606 $177,771 $35,553 $142,218
2018 $3,552 $174,286 $34,856 $139,430
2016 $3,393 $167,520 $33,503 $134,017
2015 $3,362 $165,004 $33,000 $132,004
2014 $3,377 $161,773 $32,354 $129,419
Source: Public Records

Agents Affiliated with this Home

  • Heidi Benhamou-Courtney

    Seller's Agent in 2019

    Heidi Benhamou-Courtney

    Scenic Hills Real Estate

    (661) 251-0881

    36 Total Sales

    Heidi Benhamou-Courtney
    Section Image

  • I

    Buyer's Agent in 2019

    Ilham Theodory

    Preferred Real Estate and Investments Inc.

    Section Image
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 19004396

Greater Antelope Valley Association of REALTORS®

APN: 3138-004-020

California Los Angeles County Lancaster 93534 Central Lancaster

45113 Spearman Ave, Lancaster, CA

Not Listed for Sale

MultiFamily

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