NOT LISTED FOR SALE

527 E Newgrove St Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $360,000 - $373,000

3 Beds
2 Baths
1,186 Sq Ft
$308/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $165,000 $139 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,212/month

7 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 5-minute walk to El Dorado Park
  • No HOA
  • Wood Siding

About This Home

As of May 2017

Investors! Looking for a nice Lancaster property with a long term, good paying tenant? This is your opportunity to get just that!This is a nice 3 bedroom 2 bath home with a large covered patio!

Last Agent to Sell the Property

Allen Wessel

License #01384279 Listed on: 03/31/2017

Last Buyer's Agent

Jim Quiroz

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3146-005-026

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Head East on Lancaster Blvd, turn right on 5th St East, turn left on East Nugent prepare to make a very quick left on Watford Ave, turn right on E. Newgrove St.
  • Listing Member Name: Allen Wessel
  • Lot Measurement: SqFt
  • Prop. Type: A
  • Sp Percent Lp: 0.94
  • Square Footage: 1186.00
  • Tract Suffix: Street
  • Year Built: 1957
  • Other Features Comments: YES
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved, Public
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Gas Range
  • Basement Full Bathrooms: 2
  • Fireplace: None

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.15
  • Zoning: Residential
  • Horse Property: No

Green Features

  • Solar: None

Tax Info

  • Assessor Parcel Number: 3146-005-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 16, 2017
Sold by
Abajian Grigor and Abajian Seda G
Bought by
Casillas Mauro Eli Castellanos
Seller's Agent
Allen Wessel
Buyer's Agent
Jim Quiroz
NON-MEMBER OFFICE
List Price
$175,900
Sold Price
$165,000
Premium/Discount to List
-$10,900
-6.2%
Current Estimated Value
$365,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,827
Avg. Annual Appreciation
9.69%
Original Mortgage
$162,011
Outstanding Balance
$135,826
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$230,001

Purchase Details

Closed on
Mar 18, 2010
Sold by
Express Investments Inc
Bought by
Abajian Grigor and Abajian Seda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Aurora Loan Services Llc
Bought by
Express Investments Inc

Purchase Details

Closed on
Jun 26, 2009
Sold by
Marshall Matthew and Marshall Shannon M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 13, 2003
Sold by
Marshall Shannon M and Harris Shannon
Bought by
Marshall Mathew and Marshall Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,275
Interest Rate
5.82%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Cooper Lora L and Counts Lora L Cooper
Bought by
Harris Shannon
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
Casillas Mauro Eli Castellanos $165,000 None Available
Abajian Grigor $85,000 Calcounties Title Nation
Express Investments Inc $61,500 Lsi Title Agency Inc
Aurora Loan Services Llc $149,806 None Available
Marshall Mathew -- Equity Title Company
Harris Shannon $60,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casillas Mauro Eli Castellanos $162,011
Previous Owner Abajian Grigor $63,750
Previous Owner Marshall Mathew $51,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $165,000 -6.2% $139 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $175,900 -- $148 / 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 $3,539 $191,488 $38,295 $153,193
2024 $3,539 $187,735 $37,545 $150,190
2023 $3,464 $184,055 $36,809 $147,246
2022 $3,269 $180,447 $36,088 $144,359
2021 $2,882 $176,910 $35,381 $141,529
2019 $2,801 $171,665 $34,333 $137,332
2018 $2,750 $168,300 $33,660 $134,640
2016 $1,880 $92,679 $18,534 $74,145
2015 $1,860 $91,288 $18,256 $73,032
2014 $1,867 $89,501 $17,899 $71,602
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Allen Wessel

    (661) 802-4442

    4 in this area

    41 Total Sales

    Allen Wessel
    Section Image

  • J

    Buyer's Agent in 2017

    Jim Quiroz

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17002909

Greater Antelope Valley Association of REALTORS®

APN: 3146-005-026

California Los Angeles County Lancaster 93535 East Lancaster

527 E Newgrove St, Lancaster, CA

Not Listed for Sale

Detached

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