NOT LISTED FOR SALE

528, 532 Commmercial Ridgecrest, CA 93555

Estimated Value: $255,933 - $295,000

12 Beds
6 Baths
4,212 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $460,000 $109 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $1,758/month

9 Days on Market

Highlights

  • Mountain View
  • Patio
  • Property is Fully Fenced
  • Burroughs High School Rated A-
  • Evaporated cooling system
  • Carpet

About This Home

As of June 2023

PRICED TO SELL QUICKLY. TWO TRIPLEXES SIDE BY SIDE MUST BE SOLD TOGETHER AS THEY HAVE ONE WATER METER. LONG TERM TENANTS. ONE UNIT IN EACH OF THE TRIPLEXES HAVE BEEN UPDATED WITH NEW FLOORING, NEW PAINT AND BASEBOARDS. KITCHEN CABINENTS HAVE BEEN PAINTED. NEW FAUCETS, TOILET AND VANITY IN BATHROOM. THESE UNTIS TO BE SOLD IN AS IS CONDITION WITH NO REPAIRS. BUYER TO PAY FOR ANY INSPECTIONS DESIRED. MAKE OFFERS CONTINGENT ON VISUAL INPSECTIONS. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Janet Olmsted

Keller Williams Realty License #1348122 Listed on: 04/13/2023

Keller Williams Realty

Last Buyer's Agent

Janet Olmsted

Keller Williams Realty License #1348122 Listed on: 04/13/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced

Home Design

  • Triplex
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 4,212 Sq Ft Home
  • Light Fixtures
  • Window Treatments
  • Mountain Views
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 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
  • Natural Gas Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 080-041-52, 080-041-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 080-041-52, 080-041-
  • Directions To Property: LEFT FROM CHINA LAKE BLVD TO RIDGECREST BLVD, TURN LEFT AND THEN RIGHT AT SUNLAND. TURN LEFT ON COMMERCIAL
  • Property Sub Type: 4+ Units, Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1967
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Water Heater- Nat. Gas, Oven/Range, Refrigerator, Water Heater
  • Total Bathrooms: 6
  • Lower Floor 1 Bedrooms: 12
  • Interior Amenities: Window Coverings, Fixtures, Flooring- Carpet, Flooring- Linoleum/Vinyl
  • Listing Area: South East
  • Living Sq Ft: 4212

Exterior Features

  • Exterior Construction: Stucco, Tex Coat
  • Exterior Features: Sidewalks, Curb & Gutter, Fenced- Full, Patio- Uncovered, View of Mountains
  • Flood Zone: X
  • Roof Type: Composition
  • Swimming Pool Description: No-Pool

Utilities

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

Condo/Co-op/Association

  • Units In Building: 6

Lot Info

  • Lot Size: 0.3
  • Zoning: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Wilson David L
Bought by
Graham Charles Franklin and Graham Leslie L
Current Estimated Value
$267,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 18, 2023
Sold by
Donald Ford Revocable Trust
Bought by
Wilson David L
Seller's Agent
Janet Olmsted
Keller Williams Realty
Buyer's Agent
Janet Olmsted
Keller Williams Realty
List Price
$460,000
Sold Price
$460,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.90%
Original Mortgage
$172,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Sanchez Jorge and Sanchez Beatriz
Bought by
Ford Donald and The Donald Ford Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Nelson Robert Dale and Nelson Marlene June
Bought by
Sanchez Jorge and Sanchez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.89%

Purchase Details

Closed on
Jul 12, 1995
Sold by
Hud
Bought by
Nelson Robert Dale and Nelson Marlene June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,609
Interest Rate
7.71%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1995
Sold by
Gmac Mtg Corp Of Pa
Bought by
Hud

Purchase Details

Closed on
Dec 22, 1994
Sold by
Jorgenson Dale O and Jorgenson Betty N
Bought by
Gmac Mtg Corp Of Pa
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
Graham Charles Franklin $250,000 Chicago Title Company
Wilson David L $230,000 Chicago Title Company
Ford Donald $95,000 First American Title
Sanchez Jorge $60,000 Chicago Title Co
Nelson Robert Dale $44,000 Heritage Title Co
Hud -- World Title Company
Gmac Mtg Corp Of Pa $77,681 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Charles Franklin $187,500
Previous Owner Wilson David L $172,500
Previous Owner Ford Donald $76,000
Previous Owner Sanchez Jorge $45,000
Previous Owner Nelson Robert Dale $43,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $460,000 0.0% $109 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $460,000 -- $109 / Sq Ft
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 $4,111 $255,000 $30,600 $224,400
2024 $2,911 $234,600 $30,600 $204,000
2023 $2,911 $129,805 $20,488 $109,317
2022 $2,851 $127,261 $20,087 $107,174
2021 $2,672 $124,767 $19,694 $105,073
2020 $2,582 $123,489 $19,493 $103,996
2019 $2,556 $123,489 $19,493 $103,996
2018 $2,526 $118,695 $18,737 $99,958
2017 $2,522 $116,369 $18,370 $97,999
2016 $2,438 $114,088 $18,010 $96,078
2015 $2,396 $112,375 $17,740 $94,635
2014 $2,096 $110,175 $17,393 $92,782
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janet Olmsted

    Keller Williams Realty

    (760) 608-1155

    41 in this area

    54 Total Sales

    Janet Olmsted
    Section Image
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Map

Source: Southern Sierra MLS

MLS Number: 2604118

APN: 080-041-52-00-4

California Kern County Ridgecrest 93555

528, 532 Commmercial, Ridgecrest, CA

This home is located at 528, 532 Commmercial, Ridgecrest, CA 93555 since 13 April 2023 and is currently estimated at $267,983, approximately $63 per square foot. This property was built in 1967. 528, 532 Commmercial is a home located in Kern County with nearby schools including Gateway Elementary School, James Monroe Middle School, and Burroughs High School.

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