NOT LISTED FOR SALE

Estimated Value: $402,919 - $500,000

4 Beds
3 Baths
1,613 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 24, 2016

Last sale price $198,000 $123 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,768/month

30 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Laundry Room
  • Wrought Iron Fence
  • Cooling Available
  • Tile Flooring
  • 1-minute walk to Whit Carter Park

About This Home

As of December 2016

Great Investment opportunity, perfect for the first time home buyer, occupy one and rent the other one, also perfect for income producing investment
property features 2 attached units, 2 bedroom 1 bathroom each and 2 car garage, nice size lot with plenty yard, drive way for additional parking, unit have been recently painted, new garage door and cooler.
This is a must see, closed to shopping, dining, school and more.

Last Agent to Sell the Property

Jacqueline Resendiz

No Firm Affiliation License #01965329 Listed on: 10/24/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,971 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Asbestos Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 77
  • Tax Tract Number 19421
  • Assessor Parcel Number 3135004018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $550
  • Trash Expense $900
  • Water Sewer Expense $732
  • New Taxes Expense $2,806
  • Gross Income $19,500
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 732.00
  • Zoning: LRR2*
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 3135004018
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 122.75

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6971.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 19500.00
  • Gross Scheduled Income: 19500.00
  • Insurance Expense: 550.00
  • Net Operating Income: 17400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2100.00
  • Rent Control: No
  • Total Actual Rent: 1625.00

Tax Info

  • New Taxes Expense: 2806.00
  • Tax Census Tract: 9008.04
  • Tax Lot: 77
  • Tax Tract Number: 19421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Cruz Rigoberto Cabrera
Bought by
Morejon Melkin Rolando
Current Estimated Value
$456,306

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 2, 2016
Sold by
Vigil Santos Herber A
Bought by
Cruz Rigoberto Cabrera
Seller's Agent
Jacqueline Resendiz
No Firm Affiliation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$210,000
Sold Price
$198,000
Premium/Discount to List
-$12,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$194,413
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 17, 2014
Closed on
May 14, 2014
Sold by
Lopez Susan
Bought by
Santos Herber A Vigil
Seller's Agent
Patricia Cobos
Buyer's Agent
Adonis Cruz
Realty Republic
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$142,373
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2009
Sold by
Us Bank National Association
Bought by
Lopez Susan

Purchase Details

Closed on
Jul 1, 2008
Sold by
Clayton David R
Bought by
Us Bank Na and Credit Suisse First Boston Armt 2005-10

Purchase Details

Closed on
Apr 28, 2006
Sold by
Clayton David R
Bought by
Clayton David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,750
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Lopez Salvador
Bought by
Clayton David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,300
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1994
Sold by
Lopez Araceli
Bought by
Lopez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 1993
Sold by
Antelope Valley Trust Deed Services Inc
Bought by
Rogers Helen R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Morejon Melkin Rolando -- None Available
Cruz Rigoberto Cabrera $198,000 Title 365
Santos Herber A Vigil $145,000 Usa National Title
Lopez Susan $60,000 North American Title
Us Bank Na $130,000 North American Title Co
Clayton David -- Financial Title Company
Clayton David R $249,000 Fidelity National Title
Lopez Salvador -- World Title Company
Lopez Salvador $75,000 World Title Company
Rogers Helen R $70,925 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Rigoberto Cabrera $194,413
Previous Owner Santos Herber A Vigil $142,373
Previous Owner Clayton David $119,750
Previous Owner Clayton David R $174,300
Previous Owner Lopez Salvador $50,000
Closed Clayton David R $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/24/2016 12/24/16 Sold $198,000 -5.7% $123 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $210,000 +44.8% $130 / Sq Ft
06/11/2014 06/11/14 Sold $145,000 -9.4% $90 / Sq Ft View Prior Sale
04/11/2014 04/11/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $160,000 -- $99 / 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 $4,773 $304,027 $45,930 $258,097
2024 $4,773 $298,067 $45,030 $253,037
2023 $4,681 $292,224 $44,148 $248,076
2022 $4,596 $286,495 $43,283 $243,212
2021 $4,521 $280,879 $42,435 $238,444
2020 $4,470 $278,000 $42,000 $236,000
2019 $3,594 $205,999 $31,212 $174,787
2018 $3,533 $201,960 $30,600 $171,360
2016 $2,839 $150,151 $22,781 $127,370
2015 $2,806 $147,896 $22,439 $125,457
2014 $1,840 $62,920 $12,604 $50,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16732785

California Regional Multiple Listing Service (CRMLS)

APN: 3135-004-018