45119 Beech Ave Lancaster, CA 93534
Central Lancaster Neighborhood
8
Beds
--
Bath
3,940
Sq Ft
8,899
Sq Ft Lot
Highlights
- No HOA
- Park
- Laundry Room
About This Home
As of July 2024Great Investment Opportunity in the Lancaster Area, 4 units total. Three units are 2 bedrooms and 1 ½ bathrooms and one unit is 2 bedrooms and 1 bath. Property centrally located close to shopping, schools, hospitals, and more. Easy freeway access. Tenants are being difficult and they are not showings at this time.
Last Agent to Sell the Property
New Key Realty Inc. License #02160977 Listed on: 04/12/2022
Last Buyer's Agent
Vanessa Ibanez
New Key Realty Inc. License #02150326
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,286
Year Built
- Built in 1981
Lot Details
- 8,899 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 3,940 Sq Ft Home
- Property Attached
Additional Features
- 8 Bedrooms
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 25 / 25
- Tax Tract Number 900806
- Assessor Parcel Number 3134003010
- $2,286 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,000
- Insurance Expense $1,629
- Trash Expense $810
- Water Sewer Expense $2,400
- Operating Expense $10,839
- Gross Income $81,600
- Net Operating Income $5,700
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
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
Similar Homes in Lancaster, CA
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
Home Values in the Area
Average Home Value in this Area
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
-
Adonis Cruz
Seller's Agent in 2024
Adonis Cruz
New Key Enterprise Inc.
(818) 731-4671
1 in this area
7 Total Sales
-
U
Buyer's Agent in 2024
Unknown Member
NON-MEMBER OFFICE
-
Maria Ochoa
Seller's Agent in 2022
Maria Ochoa
New Key Realty Inc.
(323) 377-9799
2 in this area
16 Total Sales
-
V
Buyer's Agent in 2022
Vanessa Ibanez
New Key Realty Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22073857
APN: 3134-003-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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