NOT LISTED FOR SALE

45245 Kingtree Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $393,655 - $445,000

4 Beds
2 Baths
1,625 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2012

Last sale price $92,100 $57 Per Sq Ft

Est. 361% increase in value since last sale

Current estimated payment $2,518 / mo

73 Days on Market

About This Home

As of February 2012

Nice multi-family investment- 2 units with one attached 2-car garage. Investment at $108,000- 20% down is a loan of $87,200 with an estimated PITI payment of $700/mo. You should be able to get $725-$750 with little trouble. Gross rents at $1,450/mo-- Not Bad with only $700/mo mortgage!! OR live in one and rent the other... Both units will be rent ready 12/3/11. Write it up!

Last Agent to Sell the Property

Mark Chappell

Keller Williams Realty A.V. Listed on: 11/07/2011

Last Buyer's Agent

Michael Jaghasbanian

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 1,625 Sq Ft Home
  • Asphalt Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3120-031-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Directions To Property: Ave I to Kingtree (near 13th West)
  • Listing Member Name: Mark Chappell
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 0.94
  • Square Footage: 1625.00
  • Tract Suffix: Avenue
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 45247
  • Price Per Unit: 49000.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Asphalt

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 2
  • AdditionalInfoCoveredParkingSpaces: 2
  • AdditionalInfoOpenParkingSpaces: 2
  • AdditionalInfoParkingSpaces: 4

Utilities

  • Cooling Type: Room Evaporated Air
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.16
  • Zoning: LRR2*

Tax Info

  • Assessor Parcel Number: 3120-031-022

Multi Family

  • Number2 Bedroom Units: 2.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
Feb 10, 2012
Sold by
Bought by
Seller's Agent
Mark Chappell
Keller Williams Realty A.V.
Buyer's Agent
Michael Jaghasbanian
List Price
$109,000
Sold Price
$92,100
Premium/Discount to List
-$16,900
-15.5%
Current Estimated Value
$424,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,118
Avg. Annual Appreciation
11.25%
Original Mortgage
$69,075
Outstanding Balance
$8,350
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$415,868

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jan 28, 2012
Sold by
Bought by
Seller's Agent
Mark Chappell
Keller Williams Realty A.V.
Buyer's Agent
Michael Jaghasbanian
List Price
$109,000
Sold Price
$92,100
Premium/Discount to List
-$16,900
-15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,075
Outstanding Balance
$8,350
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$415,868

Purchase Details

Closed on
Nov 11, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
6.78%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
10.62%

Purchase Details

Closed on
Mar 2, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
10.62%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
7.16%

Purchase Details

Closed on
Oct 18, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 1995
Sold by
Bought by
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Co
$92,500 Fidelity National Title Co
$53,955 None Available
$315,000 First American Title Co
-- Alliance Title Company
$154,000 First American Title Co
$22,500 First American Title Co
$90,000 Lawyers Title
$57,500 Fidelity National Title Co
$75,721 First Southwestern Title
-- --
$57,500 Chicago Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $69,075
Previous Owner $252,000
Previous Owner $184,000
Previous Owner $123,200
Previous Owner $70,900
Previous Owner $51,750
Previous Owner $31,000
Closed $23,000
Closed $10,000
Closed $30,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $92,100 -15.5% $57 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $109,000 -- $67 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,719 $115,670 $17,579 $98,091
2024 $2,561 $113,403 $17,235 $96,168
2023 $2,520 $111,181 $16,898 $94,283
2022 $2,478 $109,002 $16,567 $92,435
2021 $2,432 $106,866 $16,243 $90,623
2019 $2,375 $104,138 $15,762 $88,376
2018 $2,337 $102,105 $15,453 $86,652
2016 $2,228 $97,718 $14,853 $82,865
2015 $2,205 $96,251 $14,630 $81,621
2014 $2,214 $94,367 $14,344 $80,023
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Chappell

    Keller Williams Realty A.V.

  • M

    Buyer's Agent in 2012

    Michael Jaghasbanian

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1112811

Greater Antelope Valley Association of REALTORS®

APN: 3120-031-022

California Los Angeles County Lancaster 93534 Central Lancaster

45245 Kingtree Ave, Lancaster, CA

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
Your Personal Tour Guide

Ask me questions while you tour the home.