NOT LISTED FOR SALE

557 E Avenue q12 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $385,187

2 Beds
1 Bath
882 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2017

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

Est. 115% increase in value since last sale

Current estimated payment $2,457 / mo

74 Days on Market

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

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 22,216 Sq Ft 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

Year Built

Built in 1947

Lot Details

0.51 Acres

Listing Details

  • House Faces: E
  • Directions To Property: North of Avenue R. East of 5th Street East
  • Listing Member Name: Robert Mestepey
  • Lot Measurement: Acres
  • Prop. Type: A
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$385,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,187
Avg. Annual Appreciation
8.87%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Palmdale, CA

  • Ruben Abrego Real Estate Agent - Coldwell Banker Realty

    Ruben Abrego

    Coldwell Banker Realty

    (760) 891-2416

    56 Total Sales

    1 in East Palmdale

    $385,000 Price

    Ruben Abrego
     Section Image
  • Jacqueline Cox-Anderson Real Estate Agent - Aquila Real Estate, Inc.

    Jacqueline Cox-Anderson

    Aquila Real Estate, Inc.

    (858) 258-9101

    8 Total Sales

    1 in East Palmdale

    $355,000 Price

    Jacqueline Cox-Anderson
     Section Image
  • Mario Mariscal Real Estate Agent - Better Homes and Gardens RE

    Mario Mariscal

    Better Homes and Gardens RE

    (562) 471-4695

    103 Total Sales

    1 in East Palmdale

    $500,500 Price

    Mario Mariscal
     Section Image
  • Roddy de la Garza Real Estate Agent - Epique Realty

    Roddy de la Garza

    Epique Realty

    (323) 615-1579

    115 Total Sales

    1 in East Palmdale

    $453,500 Price

    Roddy de la Garza
     Section Image
  • Donna Oehler Real Estate Agent - Realty Executives Platinum

    Donna Oehler

    Realty Executives Platinum

    (661) 485-4798

    33 Total Sales

    5 in East Palmdale

    $198K - $355K Price Range

    Donna Oehler
     Section Image
  • Aaron Aalcides Real Estate Agent - Epique Realty

    Aaron Aalcides

    Epique Realty

    (424) 344-4752

    58 Total Sales

    1 in East Palmdale

    $515,000 Price

    Aaron Aalcides
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$179,000 Fidelity National Title Co
Castlestone Investment Corp $122,000 None Available
Olsen Barbara $12,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,386 $207,738 $76,943 $130,795
2025 $3,386 $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

  • RM

    Seller's Agent in 2017

    Robert Mestepey

    Castlestone Properties, Inc.

    (818) 993-0099

    1 Total Sale

    Robert Mestepey
    Section Image

  • UM

    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

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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