NOT LISTED FOR SALE

45305 5th St E Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $473,000 - $488,000

2 Beds
1 Bath
1,964 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $382,000 $195 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,965/month

37 Days on Market

About This Home

As of January 2019

Great opportunity foe investment or rent one and live on the other, both units are 2 good size bedrooms one bath laundry area in the one car garage, centrally located, corner lot

Last Agent to Sell the Property

Julio Carrasco

Century 21 Allstars License #01256604 Listed on: 11/25/2018

Century 21 Allstars

Last Buyer's Agent

Jason Hurst

EGL Properties Incorporated License #02067523

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,938

Year Built

  • Built in 1964

Lot Details

  • 6,660 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 87
  • Tax Tract Number 9006
  • Assessor Parcel Number 3176011021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $70
  • Insurance Expense $86
  • Water Sewer Expense $115
  • New Taxes Expense $2,432
  • Operating Expense $5,689
  • Gross Income $20,400
  • Net Operating Income $16,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,938

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 115.00
  • Zoning: LRR2*
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 3176011021
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6660.00
  • Lot Size Acres: 0.1529

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average3 Bed Area: 982 Square Feet
  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 86.00
  • Lot Size Area: 6660.0000 Square Feet
  • Net Operating Income: 16980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3420.00
  • Rent Control: No
  • Total Expenses: 5689.00

Tax Info

  • New Taxes Expense: 2432.00
  • Tax Census Tract: 9006.02
  • Tax Lot: 87
  • Tax Tract Number: 9006.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2018
Closed on
Jan 11, 2019
Sold by
Lewis Patricia Ann and Lewis Patricia Ann
Bought by
Lail Vikram and Lail Chitose
Seller's Agent
Julio Carrasco
Century 21 Allstars
Buyer's Agent
Jason Hurst
EGL Properties Incorporated
List Price
$279,900
Sold Price
$382,000
Premium/Discount to List
$102,100
36.48%
Total Days on Market
37
Current Estimated Value
$481,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,149
Avg. Annual Appreciation
3.38%
Original Mortgage
$212,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1996
Sold by
Jackson Franklin
Bought by
Jackson Dollie Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,960
Interest Rate
8.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 1995
Sold by
Voltera Julia
Bought by
Vauthey Georgette A
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 Buyer Sale Price Title Company
Lail Vikram $283,000 Old Republic Title Company
Jackson Dollie Faye -- Fidelity National Title Co
Jackson Dollie Faye -- Fidelity National Title Co
Vauthey Georgette A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lall Vikram $207,517
Closed Lail Vikram $212,250
Previous Owner Lewis Patricia A $180,000
Previous Owner Jackson Dollie Faye $143,500
Previous Owner Jackson Dollie Faye $76,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $382,000 +36.5% $195 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
11/25/2018 11/25/18 For Sale $279,900 -- $143 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $4,938 $309,499 $47,026 $262,473
2023 $4,842 $303,431 $46,104 $257,327
2022 $4,754 $297,482 $45,200 $252,282
2021 $4,674 $291,650 $44,314 $247,336
2020 $4,622 $288,660 $43,860 $244,800
2019 $2,496 $112,404 $40,871 $71,533
2018 $2,457 $110,201 $40,070 $70,131
2016 $2,336 $105,923 $38,515 $67,408
2015 $2,312 $104,333 $37,937 $66,396
2014 $2,319 $102,290 $37,194 $65,096
Source: Public Records

Agents Affiliated with this Home

  • Julio Carrasco

    Seller's Agent in 2019

    Julio Carrasco

    Century 21 Allstars

    (562) 863-2121

    28 Total Sales

    Julio Carrasco
    Section Image

  • J

    Buyer's Agent in 2019

    Jason Hurst

    EGL Properties Incorporated

    (949) 524-0471

    2 Total Sales

    Jason Hurst
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18280895

California Regional Multiple Listing Service (CRMLS)

APN: 3176-011-021

California Los Angeles County Lancaster 93535 East Lancaster

45305 5th St E, Lancaster, CA

This home is located at 45305 5th St E, Lancaster, CA 93535 since 25 November 2018 and is currently estimated at $481,149, approximately $244 per square foot. This property was built in 1964. 45305 5th St E is a home located in Los Angeles County with nearby schools including Linda Verde Elementary School, Piute Middle School, and Antelope Valley High School.

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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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