NOT LISTED FOR SALE

702 W Avenue S Palmdale, CA 93551

Southeast Antelope Valley Neighborhood

Estimated Value: $659,000 - $760,000

5 Beds
4 Baths
732 Sq Ft
$966/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $355,000 $485 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,437/month

1,199 Days on Market

Highlights

  • 180,774 Sq Ft lot
  • Ceiling Fan
  • 20 Car Garage
  • Central Heating and Cooling System

About This Home

As of July 2015

Back on Market, cash Only, Lender ,APPROVED FOR $350000 CASH, due to property conditions, 2 separated resident building on Huge lot ( On profile / 3 units ) Located at near 14 Fwy, and surrounded by a lot of newer expensive residential homes, Good potential for investors, there are 4 Br+2 BA house (Fair condition) with empty pool at rear yard and 2 BR+ 2 BA house (kitchen area has fire damaged) Buyer to check & verify all necessary info of properties for own satisfaction. Agent please read private remark.

Last Agent to Sell the Property

Jessica Kim

Ivy Realty Co. License #01038646 Listed on: 03/19/2012

Last Buyer's Agent

Jessica Kim

Ivy Realty Co. License #01038646 Listed on: 03/19/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,239

Year Built

  • Built in 1944

Lot Details

  • 4.15

Parking

  • 20 Car Garage

Interior Spaces

  • 732 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Additional Features

  • 4.15 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3054-012-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,239

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 732
  • Stories: 2
  • Year Built: 1944
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 478.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 20

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 795906
  • Assessed Land Value: 212241
  • Assessor Parcel Number: 3054-012-018
  • Lot Size Area: 180774

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 3units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jul 15, 2015
Sold by
Ahn Jim M
Bought by
Chaharmahali Sevan
Seller's Agent
Jessica Kim
Ivy Realty Co.
Buyer's Agent
Jessica Kim
Ivy Realty Co.
List Price
$449,900
Sold Price
$355,000
Premium/Discount to List
-$94,900
-21.09%
Current Estimated Value
$707,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,166
Avg. Annual Appreciation
7.25%
Original Mortgage
$266,250
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
Ahn Connie
Bought by
Ahn Jim M

Purchase Details

Closed on
Dec 6, 2005
Sold by
Rethi Veronica Sophia and The Joseph Attila Rethi & Vero
Bought by
Ahn Jim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2001
Sold by
Martino Gregg P and Martino Meryl L
Bought by
Rethi Joseph A and Rethi Veronica S

Purchase Details

Closed on
May 30, 2000
Sold by
Rethi Joseph A and Rethi Veronica S
Bought by
Rethi Joseph Attila and Rethi Veronica Sophia
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
Chaharmahali Sevan $355,000 Provident Title Company
Ahn Jim M -- Chicago Title Co
Ahn Jim M $950,000 Chicago Title
Rethi Joseph A $140,000 Fidelity National Title Co
Rethi Joseph Attila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaharmahali Sevan $285,000
Closed Chaharmahali Sevan $266,250
Previous Owner Ahn Jim M $650,000
Previous Owner Rethi Veronica Sophia $263,000
Previous Owner Rethi Joseph Attila $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $355,000 -21.1% $485 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/19/2012 03/19/12 For Sale $449,900 -- $615 / Sq Ft
Source: The 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
2024 $6,239 $468,291 $116,056 $352,235
2023 $6,041 $459,110 $113,781 $345,329
2022 $5,779 $450,108 $111,550 $338,558
2021 $5,705 $441,283 $109,363 $331,920
2020 $5,563 $436,759 $108,242 $328,517
2019 $5,490 $428,196 $106,120 $322,076
2018 $5,448 $419,801 $104,040 $315,761
2016 $5,084 $403,500 $100,000 $303,500
2015 $5,853 $468,000 $98,500 $369,500
2014 -- $434,000 $91,000 $343,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jessica Kim

    Ivy Realty Co.

    (213) 422-2211

    7 Total Sales

    Jessica Kim
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Map

Source: The MLS

MLS Number: 12-589269

The MLS

APN: 3054-012-018

California Los Angeles County Palmdale 93551 Southeast Antelope Valley

702 W Avenue S, Palmdale, CA

This home is located at 702 W Avenue S, Palmdale, CA 93551 since 19 March 2012 and is currently estimated at $707,166, approximately $966 per square foot. This property was built in 1944. 702 W Avenue S is a home located in Los Angeles County with nearby schools including Ocotillo Elementary School, David G. Millen Intermediate, and Highland High School.

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