NOT LISTED FOR SALE

533 E Avenue q12 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $612,495 - $768,000

6 Beds
5 Baths
2,732 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $315,000 $115 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,307/month

36 Days on Market

Highlights

  • 0.5 Acre Lot
  • Refrigerated and Evaporative Cooling System
  • Wood Siding

About This Home

As of May 2014

Great opportunity for investors in Palmdale this income generating property on a 21,700+ sq ft lot has potential for building more. Front home is 3 bedrooms + 2 bathrooms and 2 car garage. There is a long driveway that leads to 3 units each 1 bedroom + 1 bathroom in back of the front house. There is a spacious yard between rear units and front house which is fenced in. Shopping and freeway are close making this a convenient location.

Last Agent to Sell the Property

Minerva Solano

Century 21 Crest Listed on: 03/24/2014

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot

Home Design

  • 2,732 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3009-010-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1955

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: I block South of East 5th Street and West of Palmdale Blvd.
  • Listing Member Name: Minerva Solano
  • Listing Office Short Id: 3140
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220418900989000000
  • Prop. Type: E
  • Selling Member Short Id: g9999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.96
  • Square Footage: 2732.00
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 537
  • Price Per Unit: 82250.00
  • Total Bathrooms: 5.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Room Evaporated Air
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.50
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3009-010-004

Multi Family

  • Number1 Bedroom Units: 3.00
  • Number3 Bedroom Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2016
Sold by
Arevalo Raquel Gonzalez and Gonzalez Raquel
Bought by
Arevalo Raquel Gonzalez
Current Estimated Value
$682,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 24, 2014
Closed on
Apr 8, 2014
Sold by
The Perweez K Hamil & Shakila Jamil Trus
Bought by
Gonzalez Raquel
Seller's Agent
Minerva Solano
Century 21 Crest
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Nov 13, 2012
Closed on
Oct 31, 2012
Sold by
Bio Tek Technology
Bought by
The Preweez K Jamil & Shakila Jamil Fami
Seller's Agent
Nazmuddin Mohammed
MYI Inc.
Buyer's Agent
Nazmuddin Mohammed
MYI Inc.
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.93%

Purchase Details

Closed on
Feb 24, 2012
Sold by
Bio Tek Technology
Bought by
Omari Tarik

Purchase Details

Closed on
Aug 27, 2009
Sold by
Palacios Hector and Palacios Maria M
Bought by
Bio Tek Technology

Purchase Details

Closed on
Apr 13, 2005
Sold by
Fields Bryan W
Bought by
Palacios Hector and Palacios Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Fields Geralddean Sunny
Bought by
Fields Bryan W

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bayer William
Bought by
Fields Bryan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Zavala Everardo
Bought by
Bayer William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1999
Sold by
Trust Klehn Henry Jr And Brenda W Trs Kl
Bought by
Zavala Everardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
6.94%
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
Arevalo Raquel Gonzalez -- First American Title Company
Gonzalez Raquel $315,000 Chicago Title
The Preweez K Jamil & Shakila Jamil Fami $172,000 First American Title Company
Omari Tarik -- None Available
Bio Tek Technology $135,000 Accommodation
Palacios Hector $500,000 Fidelity National Title Co
Fields Bryan W -- First American Title Co Los
Fields Bryan W $350,000 First American Title Co
Bayer William R $175,000 Commonwealth Land Title Co
Zavala Everardo $87,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arevalo Raquel Gonzalez $231,000
Closed Gonzalez Raquel $75,000
Closed Arevalo Raquel Gonzalez $185,000
Closed Arevalo Raquel Gonzalez $185,000
Previous Owner Palacios Hector $400,000
Previous Owner Fields Bryan W $280,000
Previous Owner Bayer William R $174,326
Previous Owner Bayer William R $172,296
Previous Owner Zavala Everardo $69,600
Closed Palacios Hector $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $315,000 -4.3% $115 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $329,000 +91.3% $120 / Sq Ft
11/13/2012 11/13/12 Sold $172,000 -- $63 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
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 $7,158 $386,135 $57,609 $328,526
2024 $7,158 $378,565 $56,480 $322,085
2023 $7,095 $371,143 $55,373 $315,770
2022 $6,848 $363,867 $54,288 $309,579
2021 $6,694 $356,733 $53,224 $303,509
2020 $6,599 $354,076 $52,679 $301,397
2019 $6,525 $347,154 $51,647 $295,507
2018 $6,441 $340,368 $50,635 $289,733
2016 $6,040 $326,192 $48,670 $277,522
2015 $5,986 $321,293 $47,939 $273,354
2014 $4,298 $172,780 $26,118 $146,662
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Minerva Solano

    Century 21 Crest

  • U

    Buyer's Agent in 2014

    Unknown Member

    NON-MEMBER OFFICE

  • N

    Seller's Agent in 2012

    Nazmuddin Mohammed

    MYI Inc.

    (818) 355-8648

    1 Total Sale

    Nazmuddin Mohammed
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1403376

Greater Antelope Valley Association of REALTORS®

APN: 3009-010-004

California Los Angeles County Palmdale 93550 East Palmdale

533 E Avenue q12, Palmdale, CA

This home is located at 533 E Avenue q12, Palmdale, CA 93550 since 24 March 2014 and is currently estimated at $682,124, approximately $249 per square foot. This property was built in 1955. 533 E Avenue q12 is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Magnet Academy, and Highland High School.

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.

Greater Antelope Valley Association of REALTORS® 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.

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