NOT LISTED FOR SALE

540 Commercial Ave Ridgecrest, CA 93555

Estimated Value: $255,222 - $387,000

6 Beds
3 Baths
2,379 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $184,000 $77 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,990/month

10 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Burroughs High School Rated A-
  • Ceiling Fan

About This Home

As of August 2019

Fully rented triplex! Units all have A/C. Units have all been renovated in the past several years. Conveniently located. Close to the rear gate for China Lake and shopping. On-grounds co-op laundry room with coin operated washer/dryer. Large lot. Parking at the rear. All investors welcome! Please do not disturb tenants.

Last Agent to Sell the Property

CRAIG STEVENS

Coldwell Banker Frontier License #00960443 Listed on: 06/14/2019

Coldwell Banker Frontier

Last Buyer's Agent

CRAIG STEVENS

Coldwell Banker Frontier License #00960443 Listed on: 06/14/2019

Coldwell Banker Frontier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 2,379 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Roof Mounted Cooling System
  • Heating System Uses Natural Gas
  • Master Meter
  • Natural Gas Connected
  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 080-041-50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 080-041-50
  • Directions To Property: From China Lake turn east onto Ridgecrest Blvd. then turn south onto Sunland St and east onto Commercial Avenue. Property will be on the north side.
  • Property Sub Type: Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1977
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups, Water Heater
  • Total Bathrooms: 3
  • Lower Floor 1 Bedrooms: 6
  • Interior Amenities: Ceiling Fans, Window Coverings, Flooring- Tile, Flooring- Laminate, Flooring- Carpet
  • Listing Area: South East
  • Living Sq Ft: 2379

Exterior Features

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

Utilities

  • Cooling: Central Air: Multi-room Ducting, On Roof
  • Heating: Natural Gas Furnace, Ducted to All Rooms
  • 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: 0.22
  • Zoning: R-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 9, 2019
Sold by
Smith Edward V and Smith Dawn R
Bought by
Periut Rosa
Seller's Agent
CRAIG STEVENS
Coldwell Banker Frontier
Buyer's Agent
CRAIG STEVENS
Coldwell Banker Frontier
List Price
$189,900
Sold Price
$184,000
Premium/Discount to List
-$5,900
-3.11%
Current Estimated Value
$309,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,306
Avg. Annual Appreciation
8.11%
Original Mortgage
$147,200
Outstanding Balance
$129,199
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$165,426

Purchase Details

Closed on
Jul 27, 2015
Sold by
Premiere Piatinum Properties Llc
Bought by
Smith Edward V and Smith Dawn R

Purchase Details

Closed on
Aug 8, 2012
Sold by
Evergreen Construction Inc
Bought by
Premiere Platinum Properties Llc

Purchase Details

Closed on
Jun 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Evergreen Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2009
Sold by
Sigman Barry and Sigman Andrina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2005
Sold by
Kent Philip D
Bought by
Sigman Barry and Sigman Andrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Wiley Gloria
Bought by
Wiley Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Kent Peggy
Bought by
Kent Phillip D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Wiley Steven L
Bought by
Kent Philip D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Wiley Gloria J
Bought by
Wiley Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
8.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
Bohman Anne Stalder and Robert L Stalder Living Trust
Bought by
Wiley Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
8.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Stalder Robert
Bought by
Stalder Robert L and Robert L Stalder Living Trust

Purchase Details

Closed on
Oct 22, 2001
Sold by
Tweet Roger M
Bought by
Stalder Robert

Purchase Details

Closed on
Mar 13, 2001
Sold by
Reveles Salvador and Reveles Lorena
Bought by
Tweet Roger M

Purchase Details

Closed on
Jun 9, 1997
Sold by
Federal National Mortgage Association
Bought by
Reveles Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,250
Interest Rate
7.91%

Purchase Details

Closed on
Jan 14, 1997
Sold by
Duguid Charles W and Duguid Nancy L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Periut Rosa $184,000 Chicago Title Bakersfield
Smith Edward V $125,000 First American Title Company
Premiere Platinum Properties Llc -- Placer Title
Evergreen Construction Inc $97,000 Stewart Title Of California
Federal National Mortgage Association $114,854 Servicelink
Sigman Barry $160,000 First American Title
Wiley Steven L -- First American Title
Kent Phillip D -- First American Title
Kent Philip D $118,000 First American Title
Wiley Steven L -- First American Title
Wiley Steven L $91,500 First American Title
Stalder Robert L -- --
Stalder Robert $87,000 First American Title Co
Tweet Roger M $44,000 First American Title Co
Reveles Salvador $21,500 First American Title Co
Federal National Mortgage Association $18,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Periut Rosa $147,200
Previous Owner Evergreen Construction Inc $68,000
Previous Owner Sigman Barry $112,000
Previous Owner Kent Philip D $86,250
Previous Owner Wiley Steven L $72,500
Previous Owner Reveles Salvador $18,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $184,000 -3.1% $77 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $189,900 -- $80 / 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 $3,700 $201,226 $38,275 $162,951
2024 $3,602 $197,281 $37,525 $159,756
2023 $3,602 $193,414 $36,790 $156,624
2022 $3,528 $189,622 $36,069 $153,553
2021 $3,343 $185,905 $35,362 $150,543
2020 $3,241 $184,000 $35,000 $149,000
2019 $2,682 $135,302 $21,648 $113,654
2018 $2,650 $130,050 $20,808 $109,242
2017 $2,644 $127,500 $20,400 $107,100
2016 $2,556 $125,000 $20,000 $105,000
2015 $2,299 $103,399 $21,319 $82,080
2014 $2,002 $101,375 $20,902 $80,473
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    CRAIG STEVENS

    Coldwell Banker Frontier

    (760) 382-8494

    225 in this area

    241 Total Sales

    CRAIG STEVENS
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Map

Source: Southern Sierra MLS

MLS Number: 1955910

APN: 080-041-50-00-8

California Kern County Ridgecrest 93555

540 Commercial Ave, Ridgecrest, CA

This home is located at 540 Commercial Ave, Ridgecrest, CA 93555 since 14 June 2019 and is currently estimated at $309,306, approximately $130 per square foot. This property was built in 1977. 540 Commercial Ave 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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