NOT LISTED FOR SALE

524 Commercial Ave Ridgecrest, CA 93555

Ridgecrest Area

Estimated Value: $252,464 - $300,000

6 Beds
3 Baths
2,106 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2018

Last sale price $187,000 $89 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,712 / mo

45 Days on Market

Highlights

  • Patio
  • Evaporated cooling system
  • Partially Fenced Property
  • Tile Flooring

About This Home

As of October 2018

Fully leased triplex in South East with great rental history and in excellent condition inside and out.. The three units are 2 bedroom 1 bath. Unit C has been completely updated w/ new heater, evap cooler, paint & tile. Unit B has been recently updated with newer heater, evap cooler, paint and flooring. Unit A has long term tenant. Exterior has been recently painted. Includes the stoves in all units and the fridges in B & C. Gross Rents $1,725.00 Monthly. Please see documents tab for rent roll. Please make offers subject to inspection. Please don't disturb tenants.

Last Agent to Sell the Property

Christine Dosen

Dosen Real Estate License #01947816 Listed on: 08/01/2018

Last Buyer's Agent

Christine Dosen

Dosen Real Estate License #01947816 Listed on: 08/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,106 Sq Ft Home
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Roof Mounted Cooling System
  • Heating System Mounted To A Wall or Window
  • Master Meter
  • Natural Gas Connected
  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 080-041-40

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Additional Assessor Parcel Numbers: 080-041-40
  • Directions To Property: East on Ridgecrest Blvd, South on Sunland St, East on Commercial Ave and units are on North side of street.
  • Property Sub Type: Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1968
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups, Water Heater
  • Total Bathrooms: 3
  • Lower Floor 1 Bedrooms: 6
  • Interior Amenities: Window Coverings, Flooring- Tile, Flooring- Carpet
  • Listing Area: South East
  • Living Sq Ft: 2106

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Curb & Gutter, Fenced- Partial, Patio- Uncovered
  • Flood Zone: 0.2 PCT
  • Foundation: Slab on Grade
  • Roof Type: Composition, Shingle
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting, On Roof
  • Heating: Wall Heater
  • Utilities: Water: IWVWD, Power: On Meter, Legal Access: Yes, Natural Gas: Hooked-up, Sewer: Hooked-up

Condo/Co-op/Association

  • Units In Building: 3

Lot Info

  • Lot Size: 0.15
  • Zoning: Triplex

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

Listed on
Aug 1, 2018
Closed on
Oct 30, 2018
Sold by
Bought by
Seller's Agent
Christine Dosen
Dosen Real Estate
Buyer's Agent
Christine Dosen
Dosen Real Estate
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%
Current Estimated Value
$273,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,616
Avg. Annual Appreciation
5.05%
Original Mortgage
$139,500
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 26, 2018
Sold by
Bought by
Seller's Agent
Christine Dosen
Dosen Real Estate
Buyer's Agent
Christine Dosen
Dosen Real Estate
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 17, 2018
Sold by
Bought by
Seller's Agent
Christine Dosen
Dosen Real Estate
Buyer's Agent
Christine Dosen
Dosen Real Estate
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2017
Closed on
Dec 13, 2017
Sold by
Bought by
Seller's Agent
Janet Olmsted
Keller Williams Realty
Buyer's Agent
Janet Olmsted
Keller Williams Realty
List Price
$114,000
Sold Price
$122,500
Premium/Discount to List
$8,500
7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.58%

Purchase Details

Closed on
Jul 6, 2004
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
$100,000
Interest Rate
0.0427%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 26, 2003
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
$100,000
Interest Rate
0.0709%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2000
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
$52,750
Interest Rate
0.0786%

Purchase Details

Closed on
Oct 26, 2000
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
$52,750
Interest Rate
0.0786%

Purchase Details

Closed on
Oct 23, 1995
Sold by
Bought by

Purchase Details

Closed on
May 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- First American Title Co
$186,000 First American Title
$122,000 Chicago Title Co
$125,000 First American Title
-- Fidelity Title
-- First American Title Co
$66,000 First American Title Co
$46,500 Nations Title
-- Heritage Title Company
$77,601 Heritage Title Company
$77,601 Heritage Title Company
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 $139,500
Previous Owner $100,000
Previous Owner $100,000
Previous Owner $52,750
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 Prior Sale
10/31/2018 10/31/18 Sold $187,000 -6.5% $89 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $199,900 +63.2% $95 / Sq Ft
01/08/2018 01/08/18 Sold $122,500 +7.5% $58 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $114,000 -- $54 / 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 $3,120 $136,087 $44,617 $91,470
2024 $2,997 $133,420 $43,743 $89,677
2023 $2,922 $130,805 $42,886 $87,919
2022 $2,862 $128,242 $42,046 $86,196
2021 $2,683 $125,728 $41,222 $84,506
2020 $2,593 $124,440 $40,800 $83,640
2019 $2,566 $124,440 $40,800 $83,640
2018 $2,378 $105,000 $21,000 $84,000
2017 $2,396 $105,000 $21,000 $84,000
2016 $2,341 $105,000 $10,000 $95,000
2015 $2,316 $105,000 $10,000 $95,000
2014 $1,976 $99,000 $15,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Sierra MLS

MLS Number: 1954863

APN: 080-041-40-00-9

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