NOT LISTED FOR SALE

711 W Valley Blvd Tehachapi, CA 93561

Estimated Value: $3,951,009

0.44 Acre
$8,979,566 Price per Acre
19,166 Sq Ft Lot

Last Sold September 17, 2014

Last sale price $250,800

Est. 1,475% increase in value since last sale

Current estimated payment $22,198/month

598 Days on Market

About This Lot

As of September 2014

This lot has a finished building pad. The parking lot and landscaping improvements are done. Utilities are stubbed to the pad. The new City of Tehachapi land use designation for this property appears to be a combination of Transect Zones 4.0 and 4.5. T-4.0 allows residential and lodging uses and T-4.5 allows the additional uses of office and retail. This lot has been approved under a Conditional Use Permit by the City for a professional office building of up to 4,000 sq. ft. in size. Limited neighborhood commercial uses may be possible. Please check with the City Planning Department regarding potential uses. The lot is located on the same site and shares a driveway and parking with the medical building at 707 Valley Boulevard and with the adjoining Parcel B to the east, which is soon to be developed into a 3,600 sq. ft. dental office building.

Last Agent to Sell the Property

Bernard Connolly CCIM

Coldwell Banker Frontier License #00752653 Listed on: 04/26/2012

Coldwell Banker Frontier

Last Buyer's Agent

Agent Non Mls

Non Mls Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,756

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 58x197x96x28x160x270
  • Cleared Lot
  • Property is zoned C-1

Utilities

  • Electricity To Lot Line

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 00000011

Property Details

Property Type

Land

Est. Annual Taxes

$14,756

Lot Details

0

Listing Details

  • Property Sub Type: Industrial
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.4400
  • Lot Size: 58x197x96x28x160x270
  • New Construction: No
  • Special Features: None

Interior Features

  • Broker Approved: Yes
  • Disability Access: State/County Highway

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Price Per Acre: 570000.00
  • Road Frontage: Yes, See Remarks
  • Water Frontage: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Sewer Connect Avail
  • Water Source: Public
  • Gas Company: Natural Gas,Yes,Other
  • PowerSource: Public Utility

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 19166.00
  • Parcel #: 00000011
  • Zoning: C-1
  • ResoLotSizeUnits: Acres
  • Lot Description: Cleared

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: A
  • Tax Tract: PMW 2012-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2017
Sold by
Banban Tehachapi Llc
Bought by
Cs1031 California Mob 1 Dst
Current Estimated Value
$3,951,009

Purchase Details

Closed on
Mar 7, 2015
Sold by
Sanderling Healthcare Llc
Bought by
Banban Tehachapi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2013
Sold by
Forpaws Properties Llc
Bought by
Sanderling Healthcare Llc

Purchase Details

Closed on
Mar 20, 2012
Sold by
Forpaws Properties Llc
Bought by
Forpaws Properties Llc
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
Cs1031 California Mob 1 Dst $2,970,000 First American Title Ins Co
Banban Tehachapi Llc $2,078,000 Chicago Title Company
Sanderling Healthcare Llc $251,000 Chicago Title Company
Forpaws Properties Llc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banban Tehachapi Llc $1,435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $250,800 0.0% --
08/18/2014 08/18/14 Pending -- -- --
04/26/2012 04/26/12 For Sale $250,800 -- --
Source: Tehachapi Area Association of REALTORS®

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 $14,756 $1,270,000 $120,000 $1,150,000
2024 $14,756 $1,270,000 $120,000 $1,150,000
2023 $14,527 $1,270,000 $120,000 $1,150,000
2022 $15,062 $1,300,000 $173,000 $1,127,000
2021 $15,470 $1,300,000 $173,000 $1,127,000
2020 $21,499 $1,768,679 $298,594 $1,470,085
2019 $21,495 $1,768,679 $298,594 $1,470,085
2018 $20,716 $1,700,000 $287,000 $1,413,000
2017 $13,296 $1,071,000 $255,000 $816,000
2016 $12,930 $1,050,000 $250,000 $800,000
2015 $4,762 $401,000 $251,000 $150,000
2014 $1,078 $89,973 $89,973 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bernard Connolly CCIM

    Coldwell Banker Frontier

    Section Image

  • A

    Buyer's Agent in 2014

    Agent Non Mls

    Non Mls Office

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Map

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9964586

APN: 416-010-41-00-3

California Kern County Tehachapi 93561

711 W Valley Blvd, Tehachapi, CA

This home is located at 711 W Valley Blvd, Tehachapi, CA 93561 since 26 April 2012 and is currently estimated at $3,951,009. 711 W Valley Blvd is a home located in Kern County with nearby schools including Tompkins Elementary School, Jacobsen Middle School, and Tehachapi High School.

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