NOT LISTED FOR SALE

557 E Avenue q12 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $327,000 - $484,000

2 Beds
1 Bath
882 Sq Ft
$434/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $179,000 $203 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,336/month

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Den
  • 0.51 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of September 2017

Large lot in central Palmdale location. Half acre with PDR3-C3 zoning. Multi Family and Commercial zoning. Potential to build additional units or commercial enterprise. This is a rarely available opportunity. Existing home is a nice 2 bedroom 1 bathroom with a garage conversion currently used as a den. New kitchen cabinets, counters, appliances, carpet, flooring, interior paint, exterior paint, window treatments and more. Ready for quick move in or to rent for strong income stream until ready to build. All utilities on lot. Large apartment buildings on both sides of property. Commercial property to rear of site. Owner occupants and investors welcome. Property is believed to be eligible for FHA and Conventional financing. Available. Lease will be considered at $1,195 per month.

Last Agent to Sell the Property

Robert Mestepey

Castlestone Properties, Inc. License #00863813 Listed on: 05/25/2017

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1947

Lot Details

  • 0.51 Acre Lot
  • Back and Front Yard Fenced
  • Rectangular Lot
  • Property is zoned PDR3-C3

Parking

  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Den

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Sewer in Street
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3009-010-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,211

Year Built

Built in 1947

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: North of Avenue R. East of 5th Street East
  • Listing Member Name: Robert Mestepey
  • Listing Office Short Id: 6164
  • Lot Measurement: Acres
  • Open House Office I D: 20150204220401077154000000
  • Prop. Type: A
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.99
  • Square Footage: 882.00
  • Year Built: 1947
  • Tax Legal Tract Number: TOWN AND S
  • Other Features Comments: YES
  • Property Sub Type: Single Family Residence
  • R V Access: Possible, Yes
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Basement Full Bathrooms: 1
  • Fireplace: None
  • Flooring: Carpet, Linoleum, Vinyl

Exterior Features

  • Exterior Construction: Frame
  • Roof: Composition
  • Exterior Features: Den/Study, Pets Allowed
  • Fencing: Back Yard, Front Yard
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Utilities

  • Sewer: Sewer in Street
  • Hot Water: Public Utility
  • Utilities: Cable TV, Internet, Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.51
  • Zoning: PDR3-C3
  • Horse Property: No

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: 3000

Tax Info

  • Assessor Parcel Number: 3009-010-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 17, 2017
Sold by
Castlestone Investment Corp
Bought by
Huizar Guillermina Gaeta
Seller's Agent
Robert Mestepey
Castlestone Properties, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$219,900
Sold Price
$179,000
Premium/Discount to List
-$40,900
-18.6%
Current Estimated Value
$382,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,433
Avg. Annual Appreciation
9.93%
Original Mortgage
$175,757
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2016
Sold by
Olsen Barbara
Bought by
Castlestone Investment Corp

Purchase Details

Closed on
Jan 24, 2005
Sold by
Wirick Betty G
Bought by
Olsen Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.6%
Mortgage Type
Unknown
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
Huizar Guillermina Gaeta $179,000 Fidelity National Title Co
Castlestone Investment Corp $122,000 None Available
Olsen Barbara $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huizar Guillernina Gaeta $176,000
Closed Huizar Guillermina Gaeta $175,757
Previous Owner Olsen Barbara $375,000
Previous Owner Olsen Barbara $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $179,000 -18.6% $203 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $219,900 -- $249 / 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 $3,211 $203,666 $75,435 $128,231
2024 $3,211 $199,673 $73,956 $125,717
2023 $3,213 $195,758 $72,506 $123,252
2022 $3,080 $191,921 $71,085 $120,836
2021 $3,038 $188,159 $69,692 $118,467
2019 $3,164 $182,580 $67,626 $114,954
2018 $3,125 $179,000 $66,300 $112,700
2016 $2,129 $127,600 $51,700 $75,900
2015 $2,142 $127,600 $51,700 $75,900
2014 $1,700 $72,000 $29,200 $42,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert Mestepey

    Castlestone Properties, Inc.

    (818) 993-0099

    1 in this area

    12 Total Sales

    Robert Mestepey
    Section Image

  • U

    Buyer's Agent in 2017

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17004937

Greater Antelope Valley Association of REALTORS®

APN: 3009-010-006

California Los Angeles County Palmdale 93550 East Palmdale

557 E Avenue q12, Palmdale, CA

This home is located at 557 E Avenue q12, Palmdale, CA 93550 since 25 May 2017 and is currently estimated at $382,433, approximately $433 per square foot. This property was built in 1947. 557 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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