NOT LISTED FOR SALE

519 E Ridgecrest Blvd Ridgecrest, CA 93555

Estimated Value: $230,000 - $530,000

8 Beds
6 Baths
3,328 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $385,000 $116 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,559/month

157 Days on Market

Highlights

  • Landscaped
  • Two cooling system units
  • Carpet
  • Burroughs High School Rated A-
  • Two Heating Systems

About This Home

As of September 2021

Large fourplex fully rented. Upgraded windows. Open floor plans. Newer flooring, freshly painted. Units stay rented.

Last Agent to Sell the Property

Timothy Jacobs

TNT Western Homes Inc. License #1468735 Listed on: 01/26/2021

Last Buyer's Agent

Timothy Jacobs

TNT Western Homes Inc. License #1468735 Listed on: 01/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped

Home Design

  • 3,328 Sq Ft Home
  • Composition Roof
  • Stucco Exterior

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Two cooling system units
  • Central Air
  • Roof Mounted Cooling System
  • Two Heating Systems
  • Master Meter
  • Natural Gas Connected

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 080-041-47

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,578

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 080-041-47
  • Directions To Property: East Ridgecrest Blvd
  • Property Sub Type: 4+ Units, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1974
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups
  • Total Bathrooms: 6
  • Lower Floor 1 Bedrooms: 8
  • Interior Amenities: Flooring- Linoleum, Flooring- Carpet
  • Listing Area: South East
  • Living Sq Ft: 3328

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Curb & Gutter, Landscape- Partial
  • Flood Zone: 0.2 PCT
  • Roof Type: Composition
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: Central Air, Dual Pack, Roof Unit, Central Air: Multi-room Ducting
  • Heating: Dual Pack
  • Utilities: Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Hooked-up

Condo/Co-op/Association

  • Units In Building: 4

Lot Info

  • Lot Size: 0.14
  • Zoning: Res, Fourplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Aug 19, 2021
Sold by
Jacobs Timothy D
Bought by
Bridges Lois
Seller's Agent
Timothy Jacobs
TNT Western Homes Inc.
Buyer's Agent
Timothy Jacobs
TNT Western Homes Inc.
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Current Estimated Value
$412,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,267
Avg. Annual Appreciation
4.75%
Original Mortgage
$385,000
Outstanding Balance
$351,084
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$112,150

Purchase Details

Closed on
Sep 5, 2019
Sold by
Slim Sadye Llc
Bought by
Jacobs Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
Jacobs Timothy
Bought by
Slim Sadye Llc

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jun 7, 2017
Sold by
M & W Homes Lp
Bought by
Jacobs Timothy
Seller's Agent
Timothy Jacobs
TNT Western Homes Inc.
Buyer's Agent
Timothy Jacobs
TNT Western Homes Inc.
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$150,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2007
Sold by
Monte Francesca and Wagner Tim
Bought by
M & W Homes Lp

Purchase Details

Closed on
Mar 22, 2005
Sold by
M & W Homes Lp
Bought by
Wagner Tim and Monte Francesca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Wagner Tim and Monte Francesca
Bought by
M & W Homes Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 27, 2002
Sold by
Barnes Richard A
Bought by
Wagner Tim and Monte Francesca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 1998
Sold by
Hud
Bought by
Barnes Richard A

Purchase Details

Closed on
Feb 9, 1998
Sold by
Barnes Sylvia A
Bought by
Barnes Richard A

Purchase Details

Closed on
Jul 29, 1997
Sold by
Stover Howard H and Stover Deborah A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 24, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Nov 15, 1996
Sold by
Stover Howard H and Stover Deborah A
Bought by
Stover Howard H
Source: Public Records

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
Bridges Lois $385,000 First American Title Company
Jacobs Timothy D -- First American Ttl Santa Ana
Slim Sadye Llc -- Accommodation
Jacobs Timothy $200,000 Ticor Title Co
M & W Homes Lp -- None Available
Wagner Tim -- First American Title
M & W Homes Lp -- --
Wagner Tim $110,000 First American Title
Barnes Richard A $40,000 American Title Co
Barnes Richard A -- American Title Co
Countrywide Home Loans Inc $120,805 First American Title Ins Co
Hud -- First American Title Ins Co
Stover Howard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridges Lois $385,000
Previous Owner Jacobs Timothy D $215,600
Previous Owner Jacobs Timothy $150,000
Previous Owner Wagner Tim $100,000
Previous Owner Wagner Tim $75,000
Previous Owner Monte Francesca $47,200
Previous Owner Wagner Tim $80,000
Closed Wagner Tim $21,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $385,000 -7.2% $116 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $415,000 +107.5% $125 / Sq Ft
06/16/2017 06/16/17 Sold $200,000 0.0% $60 / Sq Ft
01/05/2017 01/05/17 For Sale $200,000 -- $60 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
Source: Southern Sierra MLS

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 $4,578 $408,564 $84,896 $323,668
2024 $4,578 $400,554 $83,232 $317,322
2023 $4,518 $392,700 $81,600 $311,100
2022 $6,140 $385,000 $80,000 $305,000
2021 $4,090 $214,438 $26,804 $187,634
2020 $3,961 $212,241 $26,530 $185,711
2019 $3,916 $212,241 $26,530 $185,711
2018 $3,865 $204,000 $25,500 $178,500
2017 $3,165 $137,256 $18,711 $118,545
2016 $3,062 $134,566 $18,345 $116,221
2015 $3,007 $132,546 $18,070 $114,476
2014 $2,613 $129,951 $17,717 $112,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Sierra MLS

MLS Number: 2600123

APN: 080-041-47-00-0