NOT LISTED FOR SALE

45421 Cedar Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $395,709 - $507,000

4 Beds
2 Baths
1,613 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $220,000 $136 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,584/month

9 Days on Market

Highlights

  • Refrigerated and Evaporative Cooling System
  • Wood Siding
  • 5-minute walk to Whit Carter Park

About This Home

As of December 2017

Location! Location! Location! Nice Duplex With Both Units Rented Out In A Very Desirable Rental Area Of Lancaster, CA.

Last Agent to Sell the Property

Jim Shavalian

Keller Williams-VIP Properties License #01918198 Listed on: 10/23/2017

Keller Williams-VIP Properties

Last Buyer's Agent

Sonia Guzman

Mel Wilson & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,613 Sq Ft Home
  • Composition 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 3135-007-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Directions To Property: Catch Sierra HWY, then make a right on Ave H-8. Then make a left on Cedar Ave.
  • Income Producing: Yes
  • Listing Member Name: Jim Shavalian
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 1.00
  • Square Footage: 1613.00
  • Tract Suffix: Avenue
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 110000.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.14
  • Zoning: LRR2

Tax Info

  • Assessor Parcel Number: 3135-007-004

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Oct 30, 2017
Sold by
Lara Melissa
Bought by
Akoopie Henrik
Seller's Agent
Jim Shavalian
Keller Williams-VIP Properties
Buyer's Agent
Sonia Guzman
Mel Wilson & Associates
List Price
$180,000
Sold Price
$220,000
Premium/Discount to List
$40,000
22.22%
Current Estimated Value
$435,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,903
Avg. Annual Appreciation
8.64%
Original Mortgage
$165,000
Outstanding Balance
$137,275
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$298,628

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jun 21, 2016
Sold by
Patel Babubhai
Bought by
Lara Melissa
Seller's Agent
Jim Shavalian
Keller Williams-VIP Properties
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Patel Savita
Bought by
Babubhai Patel Family Trust

Purchase Details

Closed on
May 26, 2010
Sold by
Patel Babubbhai
Bought by
Patel Savita

Purchase Details

Closed on
May 13, 2010
Sold by
Chisom Toi R
Bought by
Patel Sivita

Purchase Details

Closed on
May 15, 2006
Sold by
Chisom Cornelious O
Bought by
Chisom Cornelious O and Chisom Toi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
1.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2006
Sold by
Collins Kenneth
Bought by
Chisom Cornelius O and Chisom Toi

Purchase Details

Closed on
Apr 11, 2005
Sold by
Leverage Available Llc
Bought by
Collins Kenneth C and Collins Betty

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
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2005
Sold by
Zagha Charles
Bought by
Leverage Available Llc

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
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2001
Sold by
Zagha Dolores
Bought by
Zagha Charles

Purchase Details

Closed on
Sep 29, 2001
Sold by
Tookey John H
Bought by
Zagha Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
7.01%
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

Date Buyer Sale Price Title Company
Akoopie Henrik $220,000 Fidelity Sherman Oaks
Lara Melissa $180,000 Fidelity Sherman Oaks
Babubhai Patel Family Trust -- None Available
Patel Savita -- Fidelity National Title Co
Patel Sivita $80,000 Fidelity National Title Co
Chisom Cornelious O -- New Century Title Company
Chisom Cornelius O -- None Available
Collins Kenneth C $230,000 Lawyers Title
Leverage Available Llc -- --
Zagha Charles -- First American Title Co
Zagha Charles $83,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akoopie Henrik $165,000
Previous Owner Chisom Cornelious O $280,000
Previous Owner Collins Kenneth C $184,000
Previous Owner Zagha Charles $57,750
Closed Zagha Charles $20,625
Closed Collins Kenneth C $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2017 12/07/17 Sold $220,000 +22.2% $136 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $180,000 0.0% $112 / Sq Ft
07/29/2016 07/29/16 Sold $180,000 +0.1% $112 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $179,900 -- $112 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $4,140 $250,317 $37,545 $212,772
2024 $4,140 $245,409 $36,809 $208,600
2023 $4,063 $240,598 $36,088 $204,510
2022 $3,990 $235,881 $35,381 $200,500
2021 $3,923 $231,257 $34,688 $196,569
2019 $3,815 $224,400 $33,660 $190,740
2018 $3,749 $220,000 $33,000 $187,000
2017 $3,277 $180,000 $27,000 $153,000
2016 $2,091 $86,577 $12,985 $73,592
2015 $2,070 $85,277 $12,790 $72,487
2014 $2,082 $83,608 $12,540 $71,068
Source: Public Records

Agents Affiliated with this Home

  • Jim Shavalian

    Seller's Agent in 2017

    Jim Shavalian

    Keller Williams-VIP Properties

    (213) 448-3439

    3 Total Sales

    Jim Shavalian
    Section Image

  • S

    Buyer's Agent in 2017

    Sonia Guzman

    Mel Wilson & Associates

  • U

    Buyer's Agent in 2016

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17010178

Greater Antelope Valley Association of REALTORS®

APN: 3135-007-004

California Los Angeles County Lancaster 93534 Central Lancaster

45421 Cedar Ave, Lancaster, CA

Not Listed for Sale

MultiFamily

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.