NOT LISTED FOR SALE

737 Commercial Ave Ridgecrest, CA 93555

Estimated Value: $195,000 - $226,039

4 Beds
2 Baths
1,440 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $157,000 $109 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,305/month

25 Days on Market

Highlights

  • Ceiling Fan
  • Evaporated cooling system
  • Carpet
  • Burroughs High School Rated A-
  • Partially Fenced Property

About This Home

As of April 2022

Spacious Duplex. 2 units features Eat in kitchen and laundry room in each unit. This unit shares a courtyard area with 737 Commercial. Large Lot. Owner is also selling adjacent 741Commercial Duplex and would like to sell them together due to both parcels share water meter. Utility easement in the back but plenty of room to build sheds or communal area. Do not disturb tenants. Make all offers contingent upon buyers visual inspection of the property.

Last Agent to Sell the Property

Kimberly Alexander

Vaughn Realty License #01233118 Listed on: 01/24/2022

Last Buyer's Agent

Kimberly Alexander

Vaughn Realty License #01233118 Listed on: 01/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Murray Middle School
  • Sherman E. Burroughs High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Master Meter
  • Natural Gas Connected
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 080-062-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,817

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 080-062-03
  • Directions To Property: East Ridgecrest Blvd take a right turn on Broadway then left on Commercial . Third property on the right.
  • Property Sub Type: Duplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1959
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Water Heater
  • Total Bathrooms: 2
  • Lower Floor 1 Bedrooms: 4
  • Interior Amenities: Ceiling Fans, Flooring- Vinyl, Flooring- Carpet
  • Listing Area: South East
  • Living Sq Ft: 1440

Exterior Features

  • Exterior Construction: Frame, Stucco
  • Exterior Features: Fenced- Partial
  • Flood Zone: 0.2 PCT
  • Roof Type: Composition, Shingle

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting
  • Heating: Natural Gas Furnace, Wall Heater
  • Utilities: Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Hooked-up, Power Source: City/Municipal, Water: See Remarks

Condo/Co-op/Association

  • Units In Building: 2

Schools

  • Middle School: Murray Middle School
  • High School: Sherman E. Burroughs
  • High School: Sherman E. Burroughs
  • Middle School: Murray Middle School

Lot Info

  • Lot Size: 0.16
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Gee Samuel Lee
Bought by
Gee Samuel Lee and Jerico Properties Inc
Current Estimated Value
$195,498

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 3, 2022
Sold by
Acevedo Living Trust
Bought by
Gee Samuel Lee
Seller's Agent
Kimberly Alexander
Vaughn Realty
Buyer's Agent
Kimberly Alexander
Vaughn Realty
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$125,000
Interest Rate
3.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 2017
Sold by
Acevedo Ignacio and Acevedo Cate Demin
Bought by
The Acevedo Living Trust

Purchase Details

Closed on
Apr 18, 2005
Sold by
Silva John W and Silva Katheryn A
Bought by
Acevedo Ignacio and Acevedo Cate Demin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,312
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 1995
Sold by
Pinto Peter S
Bought by
Pinto Florence N
Source: Public Records

Range of Values:

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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
Gee Samuel Lee -- None Listed On Document
Gee Samuel Lee $157,000 Chicago Title
The Acevedo Living Trust -- None Available
Acevedo Ignacio $98,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gee Samuel Lee $125,000
Previous Owner Acevedo Ignacio $73,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $157,000 -4.8% $109 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $165,000 -- $115 / 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 $2,817 $166,608 $37,142 $129,466
2024 $2,817 $163,342 $36,414 $126,928
2023 $2,741 $160,140 $35,700 $124,440
2022 $2,370 $128,053 $32,829 $95,224
2021 $2,246 $125,543 $32,186 $93,357
2020 $2,246 $124,256 $31,856 $92,400
2019 $2,151 $124,256 $31,856 $92,400
2018 $1,650 $76,000 $20,000 $56,000
2017 $1,598 $70,000 $14,000 $56,000
2016 $1,560 $70,000 $10,000 $60,000
2015 $1,544 $70,000 $10,000 $60,000
2014 $1,253 $110,859 $28,423 $82,436
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Alexander

    Seller's Agent in 2022

    Kimberly Alexander

    Vaughn Realty

    (760) 384-8749

    12 in this area

    12 Total Sales

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Map

Source: Southern Sierra MLS

MLS Number: 2602108

APN: 080-062-03-00-5

California Kern County Ridgecrest 93555

737 Commercial Ave, Ridgecrest, CA

This home is located at 737 Commercial Ave, Ridgecrest, CA 93555 since 24 January 2022 and is currently estimated at $207,010, approximately $143 per square foot. This property was built in 1959. 737 Commercial Ave is a home located in Kern County with nearby schools including Gateway Elementary School, James Monroe Middle School, and Burroughs High School.

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