NOT LISTED FOR SALE

826 E Avenue j12 Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $765,510 - $950,000

8 Beds
8 Baths
4,536 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $288,500 $64 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,945/month

84 Days on Market

About This Home

As of March 2012

4 Unit Building! Each unit is 2 bedrooms 1.5 baths. Each with its own 2 car garage. Close to shopping centers. All Units are occupied, Will only be shown with an accepted offer

Last Agent to Sell the Property

Arturo Polanco

Pinnacle Estate Properties License #01251754 Listed on: 11/03/2011

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • 4,536 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3140-030-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Head East On E Ave K to Challanger to E Ave. J12
  • Listing Member Name: Arturo Polanco
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 1.09
  • Square Footage: 4536.00
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 66250.00
  • Total Bathrooms: 8.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.29
  • Zoning: LRRA6500*

Tax Info

  • Assessor Parcel Number: 3140-030-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2013
Sold by
Kpachavi Jean George
Bought by
K1 Investment Group Llc
Current Estimated Value
$846,628

Purchase Details

Listed on
Nov 3, 2011
Closed on
Feb 28, 2012
Sold by
Vasquez Ramon
Bought by
Kpachavi Jean George
Seller's Agent
Arturo Polanco
Pinnacle Estate Properties
Buyer's Agent
Unknown Member
List Price
$300,000
Sold Price
$288,500
Premium/Discount to List
-$11,500
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$216,375
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2011
Sold by
Guzman Jose J
Bought by
Vasquez Ramon

Purchase Details

Closed on
Nov 19, 2008
Sold by
Polanco Arturo M and Polanco Angela
Bought by
Guzman Jose J

Purchase Details

Closed on
Jul 26, 2007
Sold by
Guzman Jose J
Bought by
Polanco Arturo M and Polanco Angela

Purchase Details

Closed on
Jan 3, 2007
Sold by
Guzman Marybel
Bought by
Guzman Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Mkhitaryan Gukas
Bought by
Guzman Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Moran Maria
Bought by
Mkhitaryan Gukas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 4, 2004
Sold by
Mcginity Michael F and Mcginity Heather A
Bought by
Mkhitaryan Gukas and Moran Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Mcginity Michael F and Mcginity Heather A
Bought by
Mcginity Michael F and Mcginity Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,300
Interest Rate
7.05%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Mcginity Michael F and Mcginity Heather A
Bought by
Mcginity Michael F and Mcginity Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.68%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Family Trust Jordan James T And Lorna J Trs J
Bought by
Mcginity Michael F and Mcginity Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
K1 Investment Group Llc -- Accommodation
Kpachavi Jean George $288,500 Fidelity National Title
Vasquez Ramon $210,000 Fidelity National Title
Guzman Jose J -- None Available
Polanco Arturo M -- None Available
Guzman Jose J -- Fidelity National Title Co
Guzman Jose J $670,000 Fidelity National Title Co
Mkhitaryan Gukas -- First American Title Company
Mkhitaryan Gukas $515,000 Fidelity
Mcginity Michael F -- --
Mcginity Michael F -- Orange Coast Title
Mcginity Michael F -- Chicago Title
Mcginity Michael F -- Chicago Title
Mcginity Michael F $213,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kpachavi Jean George $216,375
Previous Owner Guzman Jose J $536,000
Previous Owner Mkhitaryan Gukas $525,000
Previous Owner Mkhitaryan Gukas $412,000
Previous Owner Mcginity Michael F $151,300
Previous Owner Mcginity Michael F $148,000
Previous Owner Mcginity Michael F $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2012 03/05/12 Sold $288,500 -3.8% $64 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $300,000 -- $66 / Sq Ft
Source: Greater Antelope Valley 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 $6,743 $364,613 $91,119 $273,494
2024 $6,743 $357,465 $89,333 $268,132
2023 $6,624 $350,457 $87,582 $262,875
2022 $6,508 $343,586 $85,865 $257,721
2021 $6,383 $336,850 $84,182 $252,668
2019 $6,216 $326,861 $81,686 $245,175
2018 $6,112 $320,453 $80,085 $240,368
2016 $5,795 $308,011 $76,976 $231,035
2015 $5,728 $303,385 $75,820 $227,565
2014 $5,644 $297,443 $74,335 $223,108
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Arturo Polanco

    Pinnacle Estate Properties

  • U

    Buyer's Agent in 2012

    Unknown Member

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1112653

Greater Antelope Valley Association of REALTORS®

APN: 3140-030-020

California Los Angeles County Lancaster 93535 East Lancaster

826 E Avenue j12, Lancaster, CA

Not Listed for Sale

MultiFamily

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