NOT LISTED FOR SALE

828 Bailey Ave Needles, CA 92363

Estimated Value: $137,052 - $277,000

4 Beds
3 Baths
1,764 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $75,000 $43 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,183/month

478 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Galley Kitchen
  • Laundry Room

About This Home

As of January 2017

Includes a House and two units , this is a steal f for income producing property

Last Agent to Sell the Property

SUE SCHMITZ

J R Real Estate License #01245364 Listed on: 08/24/2016

Last Buyer's Agent

Lucia Reed

Lucia Reed License #01181954

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1925

Lot Details

  • 6,900 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Stucco Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Property Attached
  • Fire Rated Drywall
  • Composition Roof
  • Foam Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Unassigned Parking

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 2
  • Assessor Parcel Number 0185181010000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $1,500
  • Gross Income $14,700
  • Net Operating Income $11,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Other Phone Description: --cell
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0185181010000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 42.52
  • Room Type: Galley Kitchen

Exterior Features

  • View: Neighborhood
  • Fencing: Chain Link, Stucco Wall
  • Pool Private: No
  • Roof: Composition, Foam
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Electric Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6900.00
  • Price Per Lot Square Foot: 10.87
  • Lot Size Acres: 0.1580

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 14700.00
  • Gross Scheduled Income: 14750.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6900.0000 Square Feet
  • Net Operating Income: 11160.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 295.00
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Reid La Donna Kay
Bought by
Ledesma Guillermo O
Current Estimated Value
$204,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 8, 2014
Sold by
Hess Margareth
Bought by
Hess Melvin
Seller's Agent
HEIDI SMITH
RIVER RAIL REALTY, INC.
Buyer's Agent
SUE SCHMITZ
J R Real Estate
List Price
$63,000
Sold Price
$60,000
Premium/Discount to List
-$3,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Nov 14, 2013
Sold by
Walters Leonard T and Walters Nancy J
Bought by
Hss Melvin E

Purchase Details

Closed on
May 9, 2011
Sold by
Walters Leonard T and Walters Nancy J
Bought by
Walters Leonard T and Walters Nancy J
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
Ledesma Guillermo O $75,000 Chicago Title Company
Hess Melvin -- Chicago Title Company
Hss Melvin E $60,000 Chicago Title Company
Walters Leonard T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledesma Guillermo O $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $75,000 +5.6% $43 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
07/03/2015 07/03/15 For Sale $71,000 +18.3% $40 / Sq Ft
04/16/2014 04/16/14 Sold $60,000 -4.8% $34 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $63,000 -- $36 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,099 $87,045 $13,927 $73,118
2024 $1,099 $85,338 $13,654 $71,684
2023 $1,225 $83,664 $13,386 $70,278
2022 $1,199 $82,024 $13,124 $68,900
2021 $1,182 $80,416 $12,867 $67,549
2020 $1,174 $79,591 $12,735 $66,856
2019 $1,181 $78,030 $12,485 $65,545
2018 $1,178 $76,500 $12,240 $64,260
2017 $983 $62,650 $10,442 $52,208
2016 $1,089 $78,000 $13,000 $65,000
2015 $960 $73,439 $12,240 $61,199
2014 $867 $72,000 $12,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15145691

California Regional Multiple Listing Service (CRMLS)

APN: 0185-181-01