NOT LISTED FOR SALE

5995 Cedar St Wrightwood, CA 92397

Estimated Value: $797,366

8 Beds
8 Baths
6,500 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $510,000 $78 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,737/month

240 Days on Market

Highlights

  • Fishing
  • No HOA
  • Horse Trails
  • 0.38 Acre Lot
  • Laundry Room
  • Foothills

About This Home

As of March 2014

Here is your chance to own a gorgeous motel, popular among residents and tourists alike! Wrightwood is known worldwide for its Skiing, snowboarding, and now ziplining! Put your hand in the pot; busy with snowbirds during the spring/summer, and packed with skiiers all winter long, not to mention the dining hall, which doubles as a restaurant and banquet facility! Start earning serious cash while you sit back and take in the gorgeous sights of Wrightwood!

Last Agent to Sell the Property

Giuseppe Cappellino

BENCHMARK REALTORS License #01872106 Listed on: 05/07/2013

Last Buyer's Agent

Giuseppe Cappellino

BENCHMARK REALTORS License #01872106 Listed on: 05/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 1989

Lot Details

  • 0.38 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • 10 Parking Spaces

Home Design

  • 6,500 Sq Ft Home
  • Property Attached

Kitchen

  • Range Hood
  • Freezer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 1 / 8
  • Tax Tract Number 92
  • Assessor Parcel Number 0355173310000

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Hunting
  • Horse Trails

Building Details

  • Electric Expense $800
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Trash Expense $100
  • Water Sewer Expense $600
  • Gross Income $5,500
  • Net Operating Income $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,451

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: All equipment, licenses and inventory/contracts.
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 0355173310000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 78.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Range Hood, Refrigerator, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Cesspool
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hunting, Horse Trails, Mountainous, Rural

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16737.00
  • Lot Size Acres: 0.3840

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 5500.00
  • Gross Scheduled Income: 10000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 16737.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 5500.00
  • Number Of Units Total: 8
  • Operating Expense: 4500.00
  • Rent Control: No
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Block: 8
  • Tax Lot: 1
  • Tax Tract Number: 92.01
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Livreri Michael A and Livreri Terrie K
Bought by
Landshark Ventures Llc
Current Estimated Value
$797,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$561,016
Interest Rate
6.67%
Mortgage Type
Seller Take Back
Estimated Equity
$233,729

Purchase Details

Listed on
May 7, 2013
Closed on
Mar 20, 2014
Sold by
Gitmed Ben and Estate Of Billy Gitmed
Bought by
Livreri Michael A and Livreri Terrie K
Seller's Agent
Giuseppe Cappellino
BENCHMARK REALTORS
Buyer's Agent
Giuseppe Cappellino
BENCHMARK REALTORS
List Price
$570,000
Sold Price
$510,000
Premium/Discount to List
-$60,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Dec 13, 2005
Sold by
Kastilahn Sherri L and Estate Of Dung Trieu Truong
Bought by
Gitmed Billy

Purchase Details

Closed on
Apr 8, 2002
Sold by
Chin Mui Ted
Bought by
Truong Dung Trieu and Situ Jeane Lucia Quinto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 1995
Sold by
Chin Mui Ted
Bought by
Mui Ted Chin Revocable Trust and Chin Mui Ted
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Landshark Ventures Llc $1,125,000 Orange Coast Title Company
Livreri Michael A $350,000 Fidelity National Title Co
Gitmed Billy $575,000 Gateway Title
Truong Dung Trieu $582,500 First American Title Ins Co
Mui Ted Chin Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landshark Ventures Llc $562,500
Previous Owner Gitmed Ben $303,510
Previous Owner Gitmed Billy $200,000
Previous Owner Gitmed Billy $100,000
Previous Owner Gitmed Billy $200,000
Previous Owner Gitmed Billy $200,000
Previous Owner Gitmed Billy $500,000
Previous Owner Truong Dung Trieu $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $510,000 -10.5% $78 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
05/07/2013 05/07/13 For Sale $570,000 -- $88 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,451 $429,053 $85,813 $343,240
2024 $4,451 $420,640 $84,130 $336,510
2023 $4,401 $412,392 $82,480 $329,912
2022 $4,295 $404,306 $80,863 $323,443
2021 $4,214 $396,378 $79,277 $317,101
2020 $4,160 $392,314 $78,464 $313,850
2019 $4,076 $384,621 $76,925 $307,696
2018 $3,841 $377,080 $75,417 $301,663
2017 $3,772 $369,686 $73,938 $295,748
2016 $3,690 $362,437 $72,488 $289,949
2015 $6,685 $655,368 $165,267 $490,101
2014 $6,596 $642,531 $162,030 $480,501
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13084415

California Regional Multiple Listing Service (CRMLS)

APN: 0355-173-31