NOT LISTED FOR SALE

48737 120th St E Lancaster, CA 93535

Estimated Value: $241,000 - $360,000

3 Beds
2 Baths
1,500 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $58,502 $39 Per Sq Ft

Est. 450% increase in value since last sale

Current estimated payment $1,815/month

130 Days on Market

Highlights

  • Horse Property
  • 7.75 Acre Lot
  • No HOA
  • RV Access or Parking
  • Ranch Style House
  • Formal Dining Room

About This Home

As of April 2013

$30,000 price reduction! Seller wants this property sold! Freddie Mac foreclosure. Ranch style home situated on over 7 acres! House is older built, but has had some updating. Tile flooring and counters in the kitchen. Newer cabinets. Nice floor plan with living room, large kitchen, and dining area. Property has its own well. Beautiful desert views from all around! Being sold strictly as-is for cash only.

Last Agent to Sell the Property

Debbie Harrington

Berkshire Hathaway HomeServices Troth, REALTORS License #01235538 Listed on: 11/19/2012

Last Buyer's Agent

John Sonleitner

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1920

Lot Details

  • 7.75 Acre Lot
  • Property is zoned LCA11* buyer to verify

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • 220 Volts
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 3310-003-045

Community Details

Overview

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

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions To Property: HWY 138 to Ave F exit, go east to Sierra Hwy, go north to Ave E, go east to 120th St E, go north about 1/2 mile to the telephone pole on the left with the address on it. Follow that dirt road west past first house then to the subject.
  • Listing Member Name: Debbie Harrington
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.17
  • Square Footage: 1500.00
  • Tract Suffix: Street
  • Year Built: 1920
  • Precautions: Show when there is p
  • Other Features Comments: Other/See Remarks
  • Property Sub Type: Single Family Residence
  • R V Access: Yes
  • Building Stories: 1 Story
  • Cross Street: Dirt
  • Building Style: Ranch
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • AppliancesComments: Other/See Remarks
  • Dining Room: Formal
  • Fireplace: None
  • Laundry: Common Area

Exterior Features

  • Roof: Composition
  • Exterior Features: Accessory Buildings, View
  • 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

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 7.75
  • Zoning: LCA11* buyer to verify
  • Horse Property: Yes

Rental Info

  • Pet Deposit: $1500

Tax Info

  • Assessor Parcel Number: 3310-003-045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2012
Closed on
Apr 3, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Meek Nancy L and Monasco Steven L
Seller's Agent
Debbie Harrington
Berkshire Hathaway HomeServices Troth, REALTORS
Buyer's Agent
John Sonleitner
NON-MEMBER OFFICE
List Price
$49,900
Sold Price
$58,502
Premium/Discount to List
$8,602
17.24%
Current Estimated Value
$322,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,499
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Jackson Larry Wilburn
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 16, 2006
Sold by
Va
Bought by
Jackson Larry Wilburn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2001
Sold by
Arnzen Ronald H
Bought by
Va
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
Meek Nancy L $59,000 Servicelink
Federal Home Loan Mortgage Corporation $54,992 Accommodation
Jackson Larry Wilburn -- United Title Company-La
Va $60,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Larry Wilburn $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2013 04/09/13 Sold $58,502 +17.2% $39 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $49,900 -- $33 / 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 $1,511 $119,436 $29,916 $89,520
2024 $1,511 $117,095 $29,330 $87,765
2023 $1,458 $114,800 $28,755 $86,045
2022 $1,462 $112,550 $28,192 $84,358
2021 $1,449 $110,344 $27,640 $82,704
2019 $1,408 $107,072 $26,821 $80,251
2018 $1,415 $104,974 $26,296 $78,678
2017 $1,396 $102,917 $25,781 $77,136
2016 $1,329 $100,900 $25,276 $75,624
2015 $1,307 $99,386 $24,897 $74,489
2014 $1,354 $97,440 $24,410 $73,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1302668

Greater Antelope Valley Association of REALTORS®

APN: 3310-003-045