NOT LISTED FOR SALE

516 Commercial Ave Ridgecrest, CA 93555

Ridgecrest Area

Estimated Value: $175,000 - $251,000

4 Beds
2 Baths
1,540 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2018

Last sale price $119,000 $77 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,444 / mo

86 Days on Market

Highlights

  • Evaporated cooling system
  • Partially Fenced Property
  • Carpet

About This Home

As of October 2018

Great Investment Opportunity, fully rented. Sold as-is. Please do not disturb tenant's. Make offer contingent on inspection.

Last Agent to Sell the Property

Gail Sap

Vaughn Realty License #01878099 Listed on: 05/30/2018

Last Buyer's Agent

Gail Sap

Vaughn Realty License #01878099 Listed on: 05/30/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • 1,540 Sq Ft Home
  • Composition Roof
  • Stucco Exterior

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Roof Mounted Cooling System
  • Heating System Uses Natural Gas
  • Master Meter
  • Natural Gas Connected
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 080-041-42

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Additional Assessor Parcel Numbers: 080-041-42
  • Directions To Property: East on Ridgecrest Blvd to Sunland, South on Sunland to Commercial, East on Commercial
  • Property Sub Type: Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1979
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, Water Heater
  • Total Bathrooms: 2
  • Lower Floor 1 Bedrooms: 4
  • Interior Amenities: Flooring- Carpet, Flooring- Linoleum/Vinyl
  • Listing Area: South East
  • Living Sq Ft: 1540

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Curb & Gutter, Fenced- Partial
  • Flood Zone: X
  • Roof Type: Composition
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting, On Roof
  • Heating: Natural Gas Furnace
  • Utilities: Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Available

Condo/Co-op/Association

  • Units In Building: 2

Lot Info

  • Lot Size: 0.15
  • Zoning: R-2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Bought by
Current Estimated Value
$224,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,319
Interest Rate
0.032%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,319
Interest Rate
0.032%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 30, 2018
Sold by
Bought by
Seller's Agent
Gail Sap
Vaughn Realty
Buyer's Agent
Gail Sap
Vaughn Realty
List Price
$120,000
Sold Price
$119,000
Premium/Discount to List
-$1,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$89,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2018
Closed on
Aug 29, 2018
Sold by
Bought by
Seller's Agent
Gail Sap
Vaughn Realty
Buyer's Agent
Gail Sap
Vaughn Realty
List Price
$120,000
Sold Price
$119,000
Premium/Discount to List
-$1,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
0.0699%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
0.0699%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
0.0979%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
$148,000 First American Title Company
-- First American Title
$119,000 First American Title
-- Alliance Title Company Oxnar
$122,000 Alliance Title Company Oxnar
$44,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $145,319
Previous Owner $17,125
Previous Owner $89,250
Previous Owner $122,500
Previous Owner $109,800
Previous Owner $35,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $119,000 -0.8% $77 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $120,000 -- $78 / Sq Ft
Source: Southern Sierra MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,004 $170,604 $32,807 $137,797
2024 $2,782 $167,260 $32,164 $135,096
2023 $2,782 $163,982 $31,534 $132,448
2022 $2,725 $160,767 $30,916 $129,851
2021 $2,598 $157,615 $30,310 $127,305
2020 $2,147 $121,380 $25,500 $95,880
2019 $2,121 $121,380 $25,500 $95,880
2018 $2,447 $149,447 $12,246 $137,201
2017 $2,441 $146,517 $12,006 $134,511
2016 $2,354 $143,645 $11,771 $131,874
2015 $2,316 $141,489 $11,595 $129,894
2014 $2,097 $138,718 $11,368 $127,350
Source: Public Records

Agents Affiliated with this Home

  • Gail Sap

    Seller's Agent in 2018

    Gail Sap

    Vaughn Realty

    (760) 977-6920

    23 Total Sales

    Gail Sap
    Section Image
See All Agents

Map

Source: Southern Sierra MLS

MLS Number: 1954609

APN: 080-041-42-00-5

California Kern County Ridgecrest 93555

516 Commercial Ave, Ridgecrest, CA

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.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.