$875,000
SOLD JUL 19, 2024
8 Beds
7 Baths
3,940 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

9 Days on Market

About This Home

As of July 2024

Great Investment Opportunity in the Lancaster Area, 4 units total in a gated community. Three units are 2 bedrooms and 1 1/2 bathrooms and one unit is 2 bedrooms and 1 bath. Potential to build more units in the back. Property features a clean meticulously designed, low-maintenance landscape. Great cash flow with friendly tenants. Property is centrally located close to shopping, schools, hospitals, and more. Easy freeway access..

Last Agent to Sell the Property

Adonis Cruz

New Key Enterprise Inc. License #01733231 Listed on: 05/20/2024

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,286

Year Built

  • Built in 1981

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 3,940 Sq Ft Home
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3134-003-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,286

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions To Property: Take 14 N and Exit Avenue I, Turn R onto Elm St, L onto Ivesbrook St, property will be on the R
  • Listing Member Name: Adonis E Cruz
  • Listing Office Short Id: 7121
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220406604636000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 1.00
  • Square Footage: 3940.00
  • Tract Suffix: Avenue
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 218750.00
  • Total Bathrooms: 7.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Shingle

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.20
  • Zoning: LRC3*

Tax Info

  • Assessor Parcel Number: 3134-003-010

Multi Family

  • Number2 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 12, 2024
Sold by
Caro Edgar R Mendez
Bought by
Yom Hong Y
Seller's Agent
Adonis Cruz
New Key Enterprise Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$875,000
Sold Price
$875,000
Views
2
Current Estimated Value
$877,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,463
Avg. Annual Appreciation
-0.38%
Original Mortgage
$660,000
Outstanding Balance
$654,207
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$217,121

Purchase Details

Closed on
Jan 16, 2007
Sold by
Taylor Rodney and Taylor Pamela R
Bought by
Mendez Adolfo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Patterson Engelhardt
Bought by
Taylor Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Patterson Engelhardt
Bought by
Patterson Burl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,513
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2002
Sold by
Patterson Burl W and Patterson Patricia C
Bought by
Patterson Engelhardt
Source: Public Records

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Range of Values:

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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 $875,000 Chicago Title Company
Grant Deed $585,000 Chicago Title Co
Grant Deed $330,000 Chicago Title Co
Grant Deed $330,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Previous Owner $468,000 Purchase Money Mortgage
Previous Owner $247,500 Purchase Money Mortgage
Previous Owner $106,513 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $875,000 0.0% $222 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $875,000 +20.7% $222 / Sq Ft
07/14/2022 07/14/22 Sold $725,000 +3.7% $184 / Sq Ft
05/28/2022 05/28/22 For Sale $699,000 -3.6% $177 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
04/12/2022 04/12/22 Off Market $725,000 -- --
04/12/2022 04/12/22 For Sale $725,000 -- $184 / 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 $11,286 $875,000 $219,000 $656,000
2024 $11,286 $739,500 $183,600 $555,900
2023 $11,061 $725,000 $180,000 $545,000
2022 $11,189 $738,560 $183,059 $555,501
2021 $9,811 $625,000 $154,900 $470,100
2019 $8,011 $480,000 $119,000 $361,000
2018 $7,984 $480,000 $119,000 $361,000
2016 $6,787 $395,000 $97,900 $297,100
2015 $6,033 $332,000 $82,300 $249,700
2014 $5,582 $295,000 $73,100 $221,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 24003783

Greater Antelope Valley Association of REALTORS®

APN: 3134-003-010