NOT LISTED FOR SALE

5391 Meredith Ave Palmdale, CA 93552

East Palmdale Neighborhood

Estimated Value: $424,000 - $530,000

4 Beds
3 Baths
2,175 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $193,000 $89 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,925/month

56 Days on Market

Highlights

  • Living Room with Fireplace
  • Lawn
  • Formal Dining Room
  • Traditional Architecture
  • No HOA
  • 1-minute walk to Domenic Massari Park

About This Home

As of April 2014

Calling all investors!!!! This home is perfect for the investor, who is looking for tenant who has been in property for long term period.

Last Agent to Sell the Property

Bradley Hertan

HomeBased Realty License #846737 Listed on: 02/04/2014

Co-Listed By

Darlene Lipe

Blue Sky Real Estate License #01102519

Last Buyer's Agent

Darlene Lipe

Keller Williams Realty A.V.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence
  • Irregular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned PDR1*

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,175 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include - see remarks

Listing and Financial Details

  • Assessor Parcel Number 3023-046-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,991

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions To Property: Avenue R8/north on Sabal/east on Blue Sage/north on Blazing Star St to Meredith.
  • Listing Member Name: Bradley Hertan
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.96
  • Square Footage: 2175.00
  • Tract Suffix: Avenue
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 2 Stories
  • Cross Street: Public
  • Building Style: Traditional
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Appliances: Dishwasher, Gas Range, Disposal
  • Dining Room: Dining Area, Formal
  • Fireplace: Living Room
  • Flooring: Carpet, Linoleum, Vinyl
  • Sprinklers: Automatic, Front

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Lawn - Front
  • Fencing: Wood
  • Lot Size: Irregular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Hot Water: Public
  • Utilities: Sewer Available, Cable Available, Natural Gas Available

Condo/Co-op/Association

  • HOA: No
  • H O A Includes: None - See Remarks
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.16
  • Zoning: PDR1*
  • Horse Property: No

Rental Info

  • Pet Deposit: 3000.00

Tax Info

  • Assessor Parcel Number: 3023-046-066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
Hormozi Iraj and Hormozi Fabiulla
Bought by
Iraj Hormozi and Fabiulla Hormozi Revocabl
Current Estimated Value
$491,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$56,040
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$435,804

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 29, 2014
Sold by
Hormozi Iraj and Hormozi Fabiulla
Bought by
Hormozi Iraj and Hormozi Fabiulla
Seller's Agent
Bradley Hertan
HomeBased Realty
Buyer's Agent
Darlene Lipe
Keller Williams Realty A.V.
List Price
$215,000
Sold Price
$193,000
Premium/Discount to List
-$22,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$144,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 26, 2014
Sold by
Lipe Robert and Lipe Agnes
Bought by
Hormozi Iraj and Hormozi Fabiulla
Seller's Agent
Bradley Hertan
HomeBased Realty
Buyer's Agent
Darlene Lipe
Keller Williams Realty A.V.
List Price
$215,000
Sold Price
$193,000
Premium/Discount to List
-$22,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Us Bank Na
Bought by
Lipe Robert and Lipe Agnes

Purchase Details

Closed on
Dec 21, 2007
Sold by
Kindle Doyle
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 16, 2005
Sold by
Watson Cressia A
Bought by
Kindle Doyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Bankers Trust Company Of California Na
Bought by
Watson Cressia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,938
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2001
Sold by
Harmond John
Bought by
Vendee Mtg Trust Series 1996-3

Purchase Details

Closed on
Jun 3, 1996
Sold by
Va
Bought by
Harmond John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,404
Interest Rate
8.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 1995
Sold by
Bancboston Mtg Corp
Bought by
Va

Purchase Details

Closed on
Oct 30, 1995
Sold by
Bae Choong H and Bae Mi K
Bought by
Bancboston Mtg Corp
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
Iraj Hormozi -- First American Title Company
Hormozi Iraj -- None Available
Hormozi Iraj $193,000 Fatcola
Lipe Robert $140,000 First American Title Ins Co
Us Bank Na $292,500 First American Title Company
Kindle Doyle -- North American Title
Kindle Doyle -- North American Title
Watson Cressia A $148,000 First American Title Co
Vendee Mtg Trust Series 1996-3 $113,849 First American Title Co
Harmond John $111,000 First American Title Co
Va -- --
Bancboston Mtg Corp $97,702 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iraj Hormozi $144,000
Closed Hormozi Iraj $144,750
Previous Owner Kindle Doyle $289,000
Previous Owner Watson Cressia A $145,938
Previous Owner Harmond John $109,404
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2014 04/07/14 Sold $193,000 -10.2% $89 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $215,000 -- $99 / 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 $3,991 $236,580 $47,313 $189,267
2024 $3,991 $231,942 $46,386 $185,556
2023 $3,982 $227,395 $45,477 $181,918
2022 $3,833 $222,937 $44,586 $178,351
2021 $3,746 $218,566 $43,712 $174,854
2019 $3,636 $212,085 $42,416 $169,669
2018 $3,583 $207,928 $41,585 $166,343
2016 $3,339 $199,856 $39,971 $159,885
2015 $3,315 $196,855 $39,371 $157,484
2014 $2,770 $147,064 $36,765 $110,299
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bradley Hertan

    HomeBased Realty

  • Darlene Lipe

    Seller Co-Listing Agent in 2014

    Darlene Lipe

    Blue Sky Real Estate

    (661) 949-8766

    7 in this area

    38 Total Sales

    Darlene Lipe
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1401526

Greater Antelope Valley Association of REALTORS®

APN: 3023-046-066

California Los Angeles County Palmdale 93552 East Palmdale

5391 Meredith Ave, Palmdale, CA

Not Listed for Sale

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