NOT LISTED FOR SALE

515 E Avenue Q-5 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $579,417 - $754,000

8 Beds
4 Baths
3,120 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $230,000 $74 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $4,385/month

8 Days on Market

About This Home

As of August 2013

Standard Sale 4-plex in East Palmdale. Each unit has 2 bedrooms and one bath in about 780 square feet. These units have laminate wood flooring and some with carpet in the bedrooms and tile. Located on a cul-de-sac in East Palmdale close to Metrolink station, shopping, public transportation and elementary school. Units have new windows, recently painted and are in excellent condition with good paying tenants. Private driveway entrance and off-street parking located on property. Great investment opportunity.

Last Listed By

DeRain Horton

RE/MAX All-Pro Listed on: 03/06/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 1972

Lot Details

  • 6,970

Home Design

  • 3,120 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-013-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,075

Year Built

Built in 1972

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Palmdale Blvd. East to 5th street east go north to Q-5.
  • Income Producing: Yes
  • Listing Member Name: DeRain Horton
  • Listing Office Short Id: 2311
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220332223037000000
  • Prop. Type: E
  • Selling Member Short Id: g9999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.96
  • Square Footage: 3120.00
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 59750.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 4
  • AdditionalInfoCoveredParkingSpaces: 4
  • AdditionalInfoParkingSpaces: 4

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Elec

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.16
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-013-028

Multi Family

  • Number2 Bedroom Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
515 East Avenue Qs Trust
Bought by
515 East Avenue Q5 Trust and Coons
Total Days on Market
8
Current Estimated Value
$678,104

Purchase Details

Closed on
Jan 5, 2015
Sold by
Hakopian Marine
Bought by
Hakopian Marine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2014
Sold by
Thomas Tessy Sara
Bought by
Varghese Binu K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2014
Sold by
Hakopian Marine
Bought by
Varghese Binu K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2013
Sold by
Lilly James
Bought by
Hakopian Marine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2011
Sold by
Lilly Rosalind
Bought by
Lilly James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2011
Sold by
Hawkins Clarence
Bought by
Lilly James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Stevens Ron E and Stevens Yvonne
Bought by
Hawkins Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 25, 2003
Sold by
Stevens Ron and Stevens Yvonne
Bought by
Stevens Ron E and Stevens Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1999
Sold by
Hud
Bought by
Stevens Ron and Stevens Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
3.35%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Bank United
Bought by
Hud

Purchase Details

Closed on
Mar 14, 1997
Sold by
Dipietro John and Bank United
Bought by
Bank United

Purchase Details

Closed on
Nov 5, 1996
Sold by
Western Federal Financial
Bought by
Dipietro John and Dipietro Madelene

Purchase Details

Closed on
Jul 28, 1996
Sold by
Dipietro John and Dipietro Madelene
Bought by
Western Federal Financial

Range of Values:

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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
515 East Avenue Q5 Trust -- None Listed On Document
Hakopian Marine -- Lawyers Title
Varghese Binu K -- Lawyers Title
Varghese Binu K $314,000 Lawyers Title Company
Hakopian Marine $230,000 Chicago Title Company
Lilly James -- Chicago Title Company
Lilly James $165,000 Chicago Title Company
Hawkins Clarence $550,000 Orange Coast Title Company
Stevens Ron $71,000 First American Title
Hud -- Benefit Land Title Ins Co
Bank United $115,826 Benefit Land Title Ins Co
Dipietro John -- --
Western Federal Financial -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varghese Binu K $413,000
Previous Owner Varghese Binu K $235,500
Previous Owner Hakopian Marine $225,834
Previous Owner Lilly James $123,750
Previous Owner Hawkins Clarence $412,500
Previous Owner Stevens Ron $366,000
Previous Owner Stevens Ron E $175,000
Previous Owner Stevens Ron $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold $230,000 -3.8% $74 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $239,000 -- $77 / 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
2024 $7,075 $369,971 $55,374 $314,597
2023 $7,014 $362,718 $54,289 $308,429
2022 $6,770 $355,607 $53,225 $302,382
2021 $6,614 $348,635 $52,182 $296,453
2019 $6,448 $338,296 $50,635 $287,661
2018 $6,361 $331,664 $49,643 $282,021
2016 $5,962 $318,787 $47,716 $271,071
2015 $5,070 $234,594 $58,648 $175,946
2014 $5,031 $230,000 $57,500 $172,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    DeRain Horton

    RE/MAX

  • U

    Buyer's Agent in 2013

    Unknown Member

    NON-MEMBER OFFICE

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1302391

Greater Antelope Valley Association of REALTORS®

APN: 3008-013-028

California Los Angeles County Palmdale 93550 East Palmdale

515 E Avenue Q-5, Palmdale, CA

Homes for Sale in Palmdale, CA

This home is located at 515 E Avenue Q-5, Palmdale, CA 93550 since 06 March 2013 and is currently estimated at $678,104, approximately $217 per square foot. This property was built in 1972. 515 E Avenue Q-5 is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Intermediate, and Highland High School.

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.

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