NOT LISTED FOR SALE

546 E Lancaster Blvd Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $570,000 - $813,000

5 Beds
5 Baths
2,916 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $430,000 $147 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,276/month

15 Days on Market

About This Home

As of January 2019

Great 3 unit townhome building. Very well maintained building. Easy to own and operate. 1 bedroom 1 bathroom rented at $1,095. 2 bedroom 2 bathroom rented at $1,150. 2 bedroom 2 bathroom rented for $1,284. Total gross monthly income $3,529. Total gross yearly income $42,348. Units are individually metered and tenants pay all utilities except for water.. Bread and butter units.

Last Agent to Sell the Property

Robert Mestepey

Castlestone Properties, Inc. License #00863813 Listed on: 11/20/2018

Last Buyer's Agent

Jose Araujo

Mission Real Estate - Palmdale

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,583

Home Design

  • 2,916 Sq Ft Home
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3146-005-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: East of 5th Street East. Located on Lancaster Blvd.
  • Income Producing: Yes
  • Listing Member Name: Robert Mestepey
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 1.01
  • Square Footage: 2916.00
  • Tract Suffix: Boulevard
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 141633.33
  • Total Bathrooms: 5.00

Exterior Features

  • Exterior Construction: Frame
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.22
  • Zoning: LRR3

Rental Info

  • Pet Deposit: 15000

Tax Info

  • Assessor Parcel Number: 3146-005-001

Multi Family

  • Number1 Bedroom Units: 1.00
  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 18, 2018
Sold by
Norlaco Rentals Llc
Bought by
Serenil Jose Manuel and Serenil Maria
Seller's Agent
Robert Mestepey
Castlestone Properties, Inc.
Buyer's Agent
Jose Araujo
Mission Real Estate - Palmdale
List Price
$424,900
Sold Price
$430,000
Premium/Discount to List
$5,100
1.2%
Current Estimated Value
$698,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,514
Avg. Annual Appreciation
7.22%
Original Mortgage
$322,500
Outstanding Balance
$284,129
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$414,385

Purchase Details

Closed on
Dec 22, 2011
Sold by
Wesley Gerald N
Bought by
Norlaco Rentals Llc

Purchase Details

Closed on
Apr 3, 2006
Sold by
Wesley Christian Melody
Bought by
Wesley Gerald N

Purchase Details

Closed on
Jan 7, 2005
Sold by
Wesley Gerald N and Gerald N Wesley Trust
Bought by
Wesley Christian Melody

Purchase Details

Closed on
Dec 30, 2002
Sold by
Wesley Gerald N
Bought by
Wesley Gerald N and Gerald N Wesley Trust

Purchase Details

Closed on
Dec 30, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wesley Gerald N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,900
Interest Rate
7.72%

Purchase Details

Closed on
Sep 27, 1999
Sold by
Ekmekdjian Missak and Ekmekdjian Gohar
Bought by
Federal Home Loan Mortgage Corporation
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
Serenil Jose Manuel $430,000 Fidelity National Title Comp
Norlaco Rentals Llc $146,250 None Available
Wesley Gerald N -- Chicago Title Co
Wesley Christian Melody -- --
Wesley Gerald N -- --
Wesley Gerald N $121,000 Equity Title Company
Federal Home Loan Mortgage Corporation $119,900 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serenil Jose Manuel $322,500
Previous Owner Wesley Gerald N $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $430,000 +1.2% $147 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $424,900 -- $146 / 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 $7,400 $479,668 $72,505 $407,163
2024 $7,400 $470,264 $71,084 $399,180
2023 $7,256 $461,044 $69,691 $391,353
2022 $7,125 $452,005 $68,325 $383,680
2021 $7,008 $443,143 $66,986 $376,157
2019 $4,002 $195,914 $29,272 $166,642
2018 $3,946 $192,074 $28,699 $163,375
2016 $3,750 $184,618 $27,586 $157,032
2015 $3,710 $181,846 $27,172 $154,674
2014 $3,712 $178,285 $26,640 $151,645
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Mestepey

    Castlestone Properties, Inc.

    (818) 993-0099

    9 Total Sales

    Robert Mestepey
    Section Image

  • J

    Buyer's Agent in 2019

    Jose Araujo

    Mission Real Estate - Palmdale

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 18012381

Greater Antelope Valley Association of REALTORS®

APN: 3146-005-001

California Los Angeles County Lancaster 93535 East Lancaster

546 E Lancaster Blvd, Lancaster, CA

Not Listed for Sale

MultiFamily

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