NOT LISTED FOR SALE

468 Pepper Dr Tehachapi, CA 93561

Estimated Value: $338,000 - $354,012

3 Beds
2 Baths
1,372 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $302,000 $220 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,125/month

2 Days on Market

Highlights

  • Lawn
  • Double Pane Windows
  • Landscaped with Trees
  • No HOA
  • Laundry Room
  • 4-minute walk to Philip Marx Central Park

About This Home

As of July 2023

Welcome to downtown Tehachapi's hidden gem! This exceptional 1992-built house presents an incredible investment opportunity that will leave you wanting more. With its generous 1372 square feet, this fixer-upper boasts immense potential and promises instant equity for savvy investors.Nestled in a highly sought-after neighborhood, this property's prime location is unparalleled. Picture yourself just seconds away from Marx Central Park, Jacobsen Junior High, and Tehachapi High Schools. Convenience is key, as you'll find yourself mere minutes from the freeway and Tehachapi Willow Springs Rd, making commuting a breeze.Step inside and be captivated by the possibilities that await. The beautiful lawn and meticulously designed landscaping create an inviting first impression, setting the stage for what lies beyond. With 3 bedrooms and 1.75 baths, this residence offers ample space for customization and expansion.Prepare to be impressed by the vaulted ceilings and open living area, providing a sense of grandeur and freedom. Embrace the opportunity to reimagine this space to your liking and create a truly remarkable home.Let's not forget the two-car garage, offering both convenience and security for your vehicles. Parking will never be a concern in this property.Priced well below market value for comparable homes, this is an investment opportunity that cannot be overlooked. Don't miss your chance to own a piece of downtown Tehachapi, with all its charm and promise. Take the first step and come see the potential that awaits. Your future starts here!

Last Agent to Sell the Property

Nathanael Harbison

Keller Williams Tehachapi License #02059393 Listed on: 06/24/2023

Keller Williams Tehachapi

Co-Listed By

Dru Hawkins

Country Real Estate License #01989051

Last Buyer's Agent

Theresa Mann

Keller Williams Realty Bakersf License #01281667

Keller Williams Realty Bakersf

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped with Trees
  • Lawn
  • Property is zoned R-1-8

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,372 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Carpet
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Central Heating
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 41516503

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.1600
  • Co List Office Mls Id: 119
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1992
  • Foundation Features: Concrete Slab
  • AV Surveillance: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range Gas, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: In Living Room
  • Fireplaces: 1
  • Flooring: Carpet
  • Living Area: 1372.00
  • Window Features: Double Pane
  • ResoLivingAreaSource: Assessor
  • Broker Approved: Yes
  • Total Bathrooms: 2.00
  • Water Heaters: Natural Gas

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Price Per Acre: 1887500.00
  • Price Per Square Foot: 220.12
  • Exterior Type: Siding Stucco

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Laundry Features: Room
  • Cooling: None
  • Heating: Central
  • Electricity On Property: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Natural Gas
  • PowerSource: Public Utility
  • High Speed Internet: Broadband
  • Total Water Heaters: 1

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Parcel #: 41516503
  • Zoning: R-1-8
  • ResoLotSizeUnits: Acres

Green Features

  • Green Landscaping: Lawn, Trees Shade

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: 31
  • Tax Tract: 5164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jul 7, 2023
Sold by
Tolentino David
Bought by
Mcclain Scott Andrew and Mcclain Lisa
Seller's Agent
Nathanael Harbison
Keller Williams Tehachapi
Buyer's Agent
Theresa Mann
Keller Williams Realty Bakersf
List Price
$299,000
Sold Price
$302,000
Premium/Discount to List
$3,000
1%
Views
125
Current Estimated Value
$345,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,503
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Tolentino Beulah Mae
Bought by
Tolentino David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,633
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Jun 3, 2009
Sold by
Ake Nancy L
Bought by
Tolentino David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,633
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Jul 24, 2003
Sold by
Hamilton Donald and Hamilton Grace
Bought by
Ake Thomas J and Ake Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Latshaw Donald J and Latshaw Ginueffa I
Bought by
Hamilton Donald and Hamilton Grace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcclain Scott Andrew $302,000 Chicago Title Company
Tolentino David -- Chicago Title Company
Tolentino David $169,000 Chicago Title Company
Ake Thomas J $150,000 First American Title
Hamilton Donald $129,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolentino David $172,633
Previous Owner Ake Thomas J $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $302,000 +1.0% $220 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $299,000 -- $218 / Sq Ft
Source: Tehachapi Area 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 $3,709 $308,040 $66,300 $241,740
2024 $3,709 $302,000 $65,000 $237,000
2023 $2,589 $209,666 $43,418 $166,248
2022 $2,562 $205,556 $42,567 $162,989
2021 $2,523 $201,527 $41,733 $159,794
2020 $2,528 $199,462 $41,306 $158,156
2019 $2,527 $199,462 $41,306 $158,156
2018 $2,439 $191,718 $39,703 $152,015
2017 $2,409 $186,109 $30,000 $156,109
2016 $2,233 $173,000 $43,000 $130,000
2015 $2,145 $172,000 $43,000 $129,000
2014 $1,911 $151,000 $38,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9987473

APN: 415-165-03-00-5