NOT LISTED FOR SALE

45541 Kingtree Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $409,683 - $445,000

4 Beds
2 Baths
1,723 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $73,000 $42 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $2,641/month

26 Days on Market

Highlights

  • Above Ground Spa
  • Traditional Architecture
  • No HOA
  • Family Room with Fireplace
  • Lawn
  • Covered Patio or Porch

About This Home

As of March 2012

INVESTOR SPECIAL - light fixer on a tree lined street. This is a 4 bedroom, two bath home consisting of 1723 sq.ft. and has a great floor plan. There is a charming ceiling to floor brick fireplace in the family room. It also has a formal living/dining room. This home appears to need mostly cosmetic repairs. There is a breakfast bar in the dining area next to sliders - great home for entertaining and barbeques. Right outside the sliders is a covered patio with above ground spa included. The spa appears to be new but is sold as is - buyer to verify working condition. This home is close to schools, stores and transportation. What a great rental this would be. This is a lot of house for the price so don't wait - come see it now!

Last Agent to Sell the Property

Terry Gilner

Century 21 Doug Anderson License #01293724 Listed on: 02/04/2012

Last Buyer's Agent

Diana Cotne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Sprinkler System
  • Lawn
  • Property is zoned LRR16000*

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Breakfast Bar
  • Laundry Room

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch

Utilities

  • 220 Volts
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Association fees include - see remarks

Listing and Financial Details

  • Assessor Parcel Number 3120-014-022

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions To Property: Traveling north on 20th Street W. go to Avenue I. Right on Avenue I, Left on 15th W., Right on H8, Right on Kingtree.
  • Listing Member Name: Terry Gilner
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 1723.00
  • Tract Suffix: Avenue
  • Year Built: 1955
  • Precautions: Pull front door to t
  • Tax Legal Tract Number: 21426
  • Other Features Comments: Other/See Remarks
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 1 Story
  • Cross Street: Paved, Public
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: None
  • Dining Room: Breakfast Bar, Dining Area, Formal
  • Fireplace: Family Room
  • Flooring: Carpet, Linoleum, Vinyl
  • Laundry: Laundry Room
  • Sprinklers: Automatic

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition
  • Exterior Features: Family Room, Lawn - Front
  • Fencing: Block
  • Lot Size: Rectangular Lot
  • Patio: Covered
  • Pool: None
  • Spa: Above Ground
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached

Utilities

  • Sewer: Sewer in Street
  • Hot Water: Public Utility
  • Utilities: 220 Electric, Natural Gas

Condo/Co-op/Association

  • HOA: No
  • H O A Includes: None - See Remarks
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.15
  • Zoning: LRR16000*
  • Horse Property: No

Rental Info

  • Pet Deposit: 1500.00

Tax Info

  • Assessor Parcel Number: 3120-014-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Golden Opportunity No 14 Lp
Bought by
Spssm Investments Iii Lp
Current Estimated Value
$432,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,200,000
Outstanding Balance
$15,650,720
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$15,218,299

Purchase Details

Closed on
Aug 3, 2020
Sold by
Infinity Lancaster Llc
Bought by
Golden Opportunity No 14 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,437,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 4, 2012
Closed on
Mar 1, 2012
Sold by
Us Bank National Association
Bought by
Infinity Landale Llc
Seller's Agent
Terry Gilner
Century 21 Doug Anderson
Buyer's Agent
Diana Cotne
List Price
$72,900
Sold Price
$73,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Montano Fernando
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 6, 2005
Sold by
Montano Araceli
Bought by
Montano Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 13, 2005
Sold by
Price Ronald D and Price Sharon K
Bought by
Montano Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 18, 2002
Sold by
Miller John C
Bought by
Price Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1998
Sold by
Y Eagle R
Bought by
Miller John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
11.5%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Bankers Trust Co Of California Na
Bought by
R Y Eagle Inc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Ellis Stanley and Vendee Mtg Trust 1996-1
Bought by
Vendee Mtg Trust 1996-1

Purchase Details

Closed on
Aug 14, 1995
Sold by
Va
Bought by
Ellis Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
7.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bank Of America Nt & Sa
Bought by
Va

Purchase Details

Closed on
Jun 22, 1994
Sold by
Equitable Deed Company
Bought by
Bank Of America Nt & Sa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Spssm Investments Iii Lp -- Orange Coast Title Co
Golden Opportunity No 14 Lp $701,000 Fidelity National Title Co
Infinity Landale Llc $73,000 Landsafe Title
U S Bank National Association $79,200 Accommodation
Montano Fernando -- Fidelity
Montano Fernando $275,000 Fidelity
Price Ronald D $145,000 Fidelity National Title Co
Miller John C $86,000 Fidelity National Title Co
R Y Eagle Inc $47,500 First American Title Ins Co
Vendee Mtg Trust 1996-1 $48,800 First Southwestern Title Co
Ellis Stanley $47,000 First American Title Co
Va -- Benevest Title
Bank Of America Nt & Sa $78,152 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spssm Investments Iii Lp $17,200,000
Previous Owner Golden Opportunity No 14 Lp $3,437,500
Previous Owner Montano Fernando $220,000
Previous Owner Price Ronald D $142,759
Previous Owner Miller John C $64,500
Previous Owner Ellis Stanley $42,300
Closed Miller John C $12,900
Closed Montano Fernando $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2012 03/21/12 Sold $73,000 +0.1% $42 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $72,900 -- $42 / 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 $4,554 $267,465 $66,892 $200,573
2024 $4,554 $262,222 $65,581 $196,641
2023 $4,458 $257,082 $64,296 $192,786
2022 $4,246 $252,042 $63,036 $189,006
2021 $3,844 $247,100 $61,800 $185,300
2020 $1,871 $83,833 $16,763 $67,070
2019 $1,844 $82,190 $16,435 $65,755
2018 $1,814 $80,579 $16,113 $64,466
2016 $1,723 $77,452 $15,489 $61,963
2015 $1,706 $76,290 $15,257 $61,033
2014 $1,717 $74,797 $14,959 $59,838
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Terry Gilner

    Century 21 Doug Anderson

  • D

    Buyer's Agent in 2012

    Diana Cotne

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1201388

Greater Antelope Valley Association of REALTORS®

APN: 3120-014-022

California Los Angeles County Lancaster 93534 Central Lancaster

45541 Kingtree Ave, Lancaster, CA

Not Listed for Sale

Detached

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