NOT LISTED FOR SALE

640 Commercial Ave Ridgecrest, CA 93555

Estimated Value: $215,000 - $243,123

4 Beds
2 Baths
1,674 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $180,000 $108 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,509/month

13 Days on Market

About This Home

As of February 2022

ATTENTION INVESTORS!!! This fully occupied duplex on the East side of town is up for grabs at a very affordable price. Great for a first time or seasoned investor. Both units are occupied with great tenants.

Last Agent to Sell the Property

Ali Odeh

Ridgecrest Realty License #01847072 Listed on: 11/26/2021

Last Buyer's Agent

Ali Odeh

Ridgecrest Realty License #01847072 Listed on: 11/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,674 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 080-051-38

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,081

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 080-051-38
  • Directions To Property: Go East on Ridgecrest Blvd then South to Commercial
  • Property Sub Type: Duplex
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1976
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Bathrooms: 2
  • Lower Floor 1 Bedrooms: 4
  • Listing Area: South East
  • Living Sq Ft: 1674

Exterior Features

  • Exterior Construction: Stucco
  • Flood Zone: X+0.2 PCT
  • Foundation: Slab on Grade
  • Roof Type: Composition, Shingle
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: See Remarks
  • Heating: Wall Heater
  • Utilities: Legal Access: Yes, Natural Gas: Hooked-up, Phone: Land Line

Condo/Co-op/Association

  • Units In Building: 2

Lot Info

  • Lot Size: 0.15
  • Zoning: r2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Zurn Blair R
Bought by
Zurn Family Trust
Total Days on Market
13
Current Estimated Value
$231,531

Purchase Details

Closed on
Jan 5, 2023
Sold by
Gee Samuel Lee
Bought by
Gee Samuel Lee and Jerico Properties Inc

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 22, 2021
Sold by
Evan Zurn
Bought by
Gee Samuel Lee
Seller's Agent
Ali Odeh
Ridgecrest Realty
Buyer's Agent
Ali Odeh
Ridgecrest Realty
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$135,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Craddock Trina
Bought by
Zurn Evan and Zurn Blair R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2018
Sold by
Zurn Pamela A
Bought by
Zurn Blair R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2016
Sold by
Resources Llc
Bought by
Craddock Trina F

Purchase Details

Closed on
Sep 1, 2015
Sold by
Reich Shmuel
Bought by
Src Real Estate Investment Properties Ll

Purchase Details

Closed on
Jul 23, 2015
Sold by
Src Real Estate Investment Properties Ll
Bought by
Resources Llc

Purchase Details

Closed on
Dec 16, 2014
Sold by
Reich Levana
Bought by
Reich Shmuel

Purchase Details

Closed on
Nov 18, 2014
Sold by
Reich Shmuel and Reich Shmilik
Bought by
Src Real Estate Investment Properties Ll

Purchase Details

Closed on
Sep 9, 2011
Sold by
Reich Levana
Bought by
Reich Shmulik

Purchase Details

Closed on
Sep 1, 2011
Sold by
Federal National Mortgage Association
Bought by
Reich Shmulik

Purchase Details

Closed on
Jun 14, 2011
Sold by
Ortega Orfa J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2005
Sold by
Ortega Cuauhtemoc
Bought by
Ortega Orfa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Mei Lobin Richard Michael and Mei Hung Chao
Bought by
Ortega Orfa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Dennis Larry H
Bought by
Mei Lobin Richard Michael and Mei Hung Chao

Purchase Details

Closed on
Sep 25, 2001
Sold by
Dennis Krissana
Bought by
Dennis Larry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.9%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Hud
Bought by
Wiley Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,950
Interest Rate
8.12%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Wiley Gloria
Bought by
Wiley Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,950
Interest Rate
8.12%

Purchase Details

Closed on
May 4, 2000
Sold by
Lafleur Edouard E
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Apr 20, 2000
Sold by
Ge Capital Mtg Services Inc
Bought by
Hud
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
Zurn Family Trust -- None Listed On Document
Gee Samuel Lee -- None Listed On Document
Gee Samuel Lee $180,000 Chicago Title
Zurn Evan $390,000 Chicago Title Bakersfield
Zurn Blair R -- Chicago Title Bakersfield
Craddock Trina F $110,000 Old Republic Title Company
Src Real Estate Investment Properties Ll -- Old Republic Title Company
Resources Llc $79,000 Old Republic Title Company
Reich Shmuel -- Chicago Title
Src Real Estate Investment Properties Ll -- Accommodation
Reich Shmulik -- Lsi Title Company Ca
Reich Shmulik $68,000 Lsi Title Company Ca
Federal National Mortgage Association $145,149 Accommodation
Ortega Orfa J -- Fidelity Title
Ortega Orfa $133,000 Fidelity Title
Mei Lobin Richard Michael $68,000 First American Title
Dennis Larry H -- First American Title Co
Dennis Larry H $42,000 First American Title Co
Wiley Steven L $24,000 American Title Co
Wiley Steven L -- American Title Co
Ge Capital Mtg Services Inc $61,253 First American Title Ins Co
Hud -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gee Samuel Lee $135,000
Previous Owner Zurn Evan $200,000
Previous Owner Zurn Blair R $100,000
Previous Owner Ortega Orfa J $132,000
Previous Owner Ortega Orfa J $126,350
Previous Owner Dennis Larry H $37,800
Previous Owner Wiley Steven L $30,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $180,000 +2.9% $108 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $175,000 -- $105 / Sq Ft
Source: Southern Sierra MLS

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 $3,081 $191,017 $37,142 $153,875
2024 $2,995 $187,272 $36,414 $150,858
2023 $2,995 $183,600 $35,700 $147,900
2022 $2,292 $120,884 $21,023 $99,861
2021 $2,169 $118,514 $20,611 $97,903
2020 $2,169 $117,300 $20,400 $96,900
2019 $2,077 $117,300 $20,400 $96,900
2018 $2,068 $114,444 $20,808 $93,636
2017 $2,063 $112,200 $20,400 $91,800
2016 $2,153 $125,000 $20,000 $105,000
2015 $1,555 $71,066 $15,676 $55,390
2014 -- $69,674 $15,369 $54,305
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ali Odeh

    Ridgecrest Realty

    (760) 793-0698

    9 in this area

    10 Total Sales

    Ali Odeh
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Map

Source: Southern Sierra MLS

MLS Number: 2601863

APN: 080-051-38-00-7

California Kern County Ridgecrest 93555

640 Commercial Ave, Ridgecrest, CA

This home is located at 640 Commercial Ave, Ridgecrest, CA 93555 since 26 November 2021 and is currently estimated at $231,531, approximately $138 per square foot. This property was built in 1976. 640 Commercial Ave is a home located in Kern County with nearby schools including Gateway Elementary School, James Monroe Middle School, and Burroughs 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.

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