NOT LISTED FOR SALE

5516 W Avenue l6 Lancaster, CA 93536

West Lancaster Neighborhood

Estimated Value: $529,397 - $550,000

4 Beds
3 Baths
2,021 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $220,000 $109 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,397/month

31 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Lawn
  • Family Room with Fireplace
  • Corner Lot
  • No HOA

About This Home

As of May 2013

No showings till 4-8. Some cleaning in process. When vacant, property will be cleaned, some painting, new carpet thru out. Back yard will be cleaned. Repairs will be done Tenant in process of moving. Please do not disturb. Call agent to set up appt,allow 24 hour notice for showing until vacant.Hugh corner lot, Excellent floor plan.Down stairs bedroom with double doors. Tile entry. Wood banisters.Family room with fireplace.Back yard has custom concrete work, Was once a beautiful back yard. Can be brought back. Potential is there . In the heart of Quartz Hill, one block from Lane Park/ Joe Walker school.

Last Agent to Sell the Property

Colleen Sauter

Palm Realty Listed on: 04/02/2013

Co-Listed By

Delaree Ware

Palm Realty

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,584

Year Built

  • Built in 1992

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Lawn
  • Property is zoned LCA11OOOO*

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,021 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Gas Dryer Hookup

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3102-034-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,584

Year Built

Built in 1992

Lot Details

0

Listing Details

  • House Faces: W
  • Directions To Property: Ave L turn South on 55th St West, to L-6. Corner property
  • Listing Member Name: Colleen Sauter
  • Listing Office Short Id: 5155
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220344706073000000
  • Prop. Type: A
  • Selling Member Short Id: g9999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.96
  • Square Footage: 2021.00
  • Tract Suffix: Avenue
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 2 Stories
  • Cross Street: Paved, Public
  • Building Style: Traditional
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Appliances: Dishwasher, Disposal, Gas Range
  • Dining Room: Dining Area
  • Fireplace: Family Room, Gas
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Laundry: Gas Hook-up

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Tile
  • Exterior Features: Downstairs Bedroom, Family Room, Lawn - Front
  • Fencing: Block
  • Lot Size: Corner Lot
  • Patio: None
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Cable TV, Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 0.19
  • Zoning: LCA11OOOO*
  • Horse Property: No

Rental Info

  • Pet Deposit: $3000

Tax Info

  • Assessor Parcel Number: 3102-034-083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
2018 3 Ih Borrower Lp
Current Estimated Value
$538,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,038,300
Outstanding Balance
$112,932,993
Interest Rate
4.5%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$112,388,577

Purchase Details

Closed on
Jun 19, 2015
Sold by
Ih2 Property West Lp
Bought by
2015-3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,395,000
Interest Rate
3.83%
Mortgage Type
Loan Amount Between One & Nine Billion

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 20, 2013
Sold by
Lucas Gregory A
Bought by
Ih2 Property West Lp
Seller's Agent
Colleen Sauter
Palm Realty
Buyer's Agent
Unknown Member
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bank Of New York
Bought by
Lucas Gregory A and Lucas Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2007
Sold by
Mendoza Gustavo
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-80

Purchase Details

Closed on
Nov 10, 2005
Sold by
Mendoza Consuelo
Bought by
Mendoza Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2005
Sold by
Cochran William Ray
Bought by
Mendoza Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2004
Sold by
Cochran Melissa
Bought by
Cochran William Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Famiglietti Gary B
Bought by
Cochran William Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1999
Sold by
Famiglietti Gary B
Bought by
Famiglietti Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,970
Interest Rate
7.7%
Mortgage Type
VA

Purchase Details

Closed on
Apr 9, 1993
Sold by
The Stratham Quartz Hill Homes Inc
Bought by
Famiglietti Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,617
Interest Rate
7.2%
Mortgage Type
Assumption
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
2018 3 Ih Borrower Lp -- Os National Llc
2015-3 Ih2 Borrower Lp -- Fidelity Natl Title Group
Ih2 Property West Lp $220,000 Fidelity National Title Co
Lucas Gregory A $243,000 Landsafe Title
Bank Of New York $299,250 Landsafe Title
Mendoza Gustavo -- Fidelity National Title Co
Mendoza Gustavo $407,000 Fidelity National Title Co
Cochran William Ray -- First American Title Co
Cochran William Ray $270,000 First American Title Co
Famiglietti Gary B -- First American Title Ins Co
Famiglietti Gary B $130,000 Orange Coast Title Of Los An
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 3 Ih Borrower Lp $130,038,300
Previous Owner 2015-3 Ih2 Borrower Lp $119,395,000
Previous Owner Lucas Gregory A $194,400
Previous Owner Mendoza Gustavo $81,400
Previous Owner Mendoza Gustavo $325,600
Previous Owner Cochran William Ray $172,800
Previous Owner Cochran William Ray $170,000
Previous Owner Famiglietti Gary B $36,750
Previous Owner Famiglietti Gary B $20,500
Previous Owner Famiglietti Gary B $131,970
Previous Owner Famiglietti Gary B $131,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $220,000 -4.3% $109 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $230,000 -- $114 / 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 $5,584 $351,650 $88,201 $263,449
2024 $5,584 $344,756 $86,472 $258,284
2023 $5,525 $337,997 $84,777 $253,220
2022 $5,301 $331,370 $83,115 $248,255
2021 $4,878 $324,874 $81,486 $243,388
2020 $4,825 $332,899 $83,516 $249,383
2019 $3,956 $242,854 $48,569 $194,285
2018 $3,823 $238,093 $47,617 $190,476
2016 $3,622 $228,850 $45,769 $183,081
2015 $3,581 $225,413 $45,082 $180,331
2014 -- $220,998 $44,199 $176,799
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Colleen Sauter

    Palm Realty

  • D

    Seller Co-Listing Agent in 2013

    Delaree Ware

    Palm Realty

  • U

    Buyer's Agent in 2013

    Unknown Member

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1303390

Greater Antelope Valley Association of REALTORS®

APN: 3102-034-083

California Los Angeles County Lancaster 93536 West Lancaster

5516 W Avenue l6, Lancaster, CA

This home is located at 5516 W Avenue l6, Lancaster, CA 93536 since 02 April 2013 and is currently estimated at $538,099, approximately $266 per square foot. This property was built in 1992. 5516 W Avenue l6 is a home located in Los Angeles County with nearby schools including Quartz Hill Elementary School, Joe Walker Middle School, and Quartz Hill 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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