NOT LISTED FOR SALE

47918 120th St E Lancaster, CA 93535

Estimated Value: $257,000 - $350,000

3 Beds
2 Baths
1,080 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $120,000 $111 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,658/month

63 Days on Market

Highlights

  • Guest House
  • Horse Property
  • Ranch Style House
  • Horse Facilities
  • RV Access or Parking
  • Bonus Room

About This Home

As of January 2015

If you want peace, no neighbors around then look no more, this property is perfect for you. Bring your animals and enjoy this 2.5 acre ranch all fenced. Garage was converted to a great room, it may be used as a guess house.

Last Agent to Sell the Property

Edith Alvarez

Century 21 Masters License #01395498 Listed on: 10/27/2014

Century 21 Masters

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1950

Lot Details

  • 2.54 Acre Lot
  • Chain Link Fence
  • Rectangular Lot
  • Property is zoned LCA21*

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • 220 Volts
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Horse Property
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 3310-012-003

Community Details

Overview

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

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions To Property: 120th St East, between E avenue E and Ave F
  • Income Producing: No
  • Listing Member Name: Edith S Alvarez
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.87
  • Square Footage: 1080.00
  • Tract Suffix: Street
  • Year Built: 1950
  • LaundryComments: Other/See Remarks
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Dirt, Private
  • Building Style: Ranch
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: None
  • Dining Room: Dining in Kitchen
  • Fireplace: None
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Sprinklers: Drip System

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition
  • Exterior Features: Accessory Buildings, Bonus Room, Family Room, Guest House, Horse Facilities, Pets Allowed
  • Fencing: Chain Link
  • Lot Size: Rectangular Lot
  • Patio: None
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: None

Utilities

  • Sewer: Septic System
  • Hot Water: Own Well
  • Utilities: 220 Electric, Cable TV

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 2.54
  • Zoning: LCA21*
  • Horse Property: Yes

Rental Info

  • Pet Deposit: 2000.00

Tax Info

  • Assessor Parcel Number: 3310-012-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Yi Chao
Bought by
Otis Michael J and Michael J Otis Living Trust
Current Estimated Value
$285,872

Purchase Details

Listed on
Oct 27, 2014
Closed on
Jan 9, 2015
Sold by
Alcaraz Junior
Bought by
Yi Chao
Seller's Agent
Edith Alvarez
Century 21 Masters
Buyer's Agent
Unknown Member
List Price
$137,500
Sold Price
$120,000
Premium/Discount to List
-$17,500
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
May 4, 2010
Sold by
Espinal Jose and Espinal Marina
Bought by
Alcaraz Junior and Alcaraz Alejandra

Purchase Details

Closed on
Aug 12, 2002
Sold by
Lee Linda K
Bought by
Espinal Jose

Purchase Details

Closed on
Feb 25, 2002
Sold by
Mattson John Raymond
Bought by
Lee Linda K

Purchase Details

Closed on
Jun 19, 1997
Sold by
Mattson John O
Bought by
Mattson John Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1997
Sold by
Avco Financial Svcs Of Southern Ca Inc
Bought by
Mattson John O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1996
Sold by
Hayes Richard Eugene and Hayes Maveya Tania Grace
Bought by
Avco Financial Services Of Southern Ca
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
Otis Michael J $126,000 First American Title Company
Yi Chao $120,000 Fatcola
Alcaraz Junior $78,000 Fatcola-Resale
Espinal Jose $20,000 Fidelity National Title Co
Lee Linda K -- --
Mattson John Raymond -- --
Mattson John O $15,000 Fidelity National Title Co
Avco Financial Services Of Southern Ca $36,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattson John O $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $120,000 -12.7% $111 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $137,500 -- $127 / 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 $1,905 $149,149 $37,285 $111,864
2024 $1,905 $146,225 $36,554 $109,671
2023 $1,838 $143,359 $35,838 $107,521
2022 $1,764 $140,549 $35,136 $105,413
2021 $1,755 $137,795 $34,448 $103,347
2020 $1,726 $136,383 $34,095 $102,288
2019 $1,706 $133,710 $33,427 $100,283
2018 $1,708 $131,089 $32,772 $98,317
2016 $1,648 $121,829 $30,457 $91,372
2015 $1,178 $83,146 $25,583 $57,563
2014 $1,229 $81,518 $25,082 $56,436
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edith Alvarez

    Century 21 Masters

    (661) 942-3703

    1 Total Sale

    Edith Alvarez
    Section Image

  • U

    Buyer's Agent in 2015

    Unknown Member

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1412193

Greater Antelope Valley Association of REALTORS®

APN: 3310-012-003

California Los Angeles County Lancaster 93535

47918 120th St E, Lancaster, CA

Not Listed for Sale

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