NOT LISTED FOR SALE

8743 3rd Ave Hesperia, CA 92345

Downtown Hesperia Neighborhood

Estimated Value: $364,000 - $399,000

2 Beds
1 Bath
1,120 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $155,000 $138 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,228/month

42 Days on Market

Highlights

  • 2.04 Acre Lot
  • Open Floorplan
  • No HOA
  • Oak Hills High School Rated A-
  • Property is near park
  • Fireplace

About This Home

As of October 2014

2.04 acres recently rezoned to Medium Density (16-33 units!) Buyer to verify. This property is one you can seek City Approval to start developing now, or move into the existing 2 bedroom/1 bath home with detached garage, and possibly build units later. Deep lot ~660ft to the back! Property backs to Lime Street Park. Church currently to the left and City owned vacant lot to the right. So many possibilities! Property sold as-is in its present condition.

Last Agent to Sell the Property

Jenna McCormick

JENNA MC CORMICK, BROKER License #01253070 Listed on: 10/17/2014

Last Buyer's Agent

DANIEL ARRIAZA

INTERNATIONAL REAL ESTATE SVCS License #01424439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2.04 Acre Lot
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,120 Sq Ft Home
  • Open Floorplan
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 0413222120000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0413222120000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 138.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Rural

Lot Info

  • Lot Features: 11-15 Units/Acre, Level, Rectangular Lot, Lot Over 40000 Sqft, Paved, Park Nearby
  • Lot Size Sq Ft: 88862.00
  • Lot Size Acres: 2.0400

Multi Family

  • Lot Size Area: 88862.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2016
Sold by
Velasquez Leticia
Bought by
Rivera Noemi
Current Estimated Value
$384,043

Purchase Details

Closed on
Jun 3, 2015
Sold by
Velazquez Jose G
Bought by
Velazquez Leticia

Purchase Details

Listed on
Oct 17, 2014
Closed on
Sep 26, 2014
Sold by
Velazquez Leticia
Bought by
Velazquez Jose G
Seller's Agent
Jenna McCormick
JENNA MC CORMICK, BROKER
Buyer's Agent
DANIEL ARRIAZA
INTERNATIONAL REAL ESTATE SVCS
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$146,301
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 17, 2014
Closed on
Sep 16, 2014
Sold by
Austin Ginamarie
Bought by
Velasquez Jose G
Seller's Agent
Jenna McCormick
JENNA MC CORMICK, BROKER
Buyer's Agent
DANIEL ARRIAZA
INTERNATIONAL REAL ESTATE SVCS
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,301
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 1999
Sold by
Hud
Bought by
Austin Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1999
Sold by
Ge Capital Mtg Services Inc
Bought by
Hud

Purchase Details

Closed on
May 6, 1999
Sold by
Mcatee Wayne T
Bought by
G E Capital Mtg Services Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivera Noemi -- None Available
Velazquez Leticia -- None Available
Velazquez Jose G -- Chicago Title Company
Velasquez Jose G $155,000 Chicago Title Company
Austin Russell E $65,000 United Title
Hud -- Benefit Land Title Company
G E Capital Mtg Services Inc $93,550 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Jose G $146,301
Previous Owner Austin Russell E $64,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $155,000 +3.3% $138 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $150,000 -- $134 / 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 $2,874 $261,701 $56,892 $204,809
2024 $2,874 $256,569 $55,776 $200,793
2023 $2,842 $251,538 $54,682 $196,856
2022 $3,351 $246,606 $53,610 $192,996
2021 $2,727 $241,771 $52,559 $189,212
2020 $2,695 $239,292 $52,020 $187,272
2019 $3,124 $234,600 $51,000 $183,600
2018 $2,006 $174,284 $63,376 $110,908
2017 $1,971 $170,866 $62,133 $108,733
2016 $1,929 $167,516 $60,915 $106,601
2015 $1,905 $165,000 $60,000 $105,000
2014 -- $81,497 $18,806 $62,691
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jenna McCormick

    JENNA MC CORMICK, BROKER

    Section Image

  • D

    Buyer's Agent in 2014

    DANIEL ARRIAZA

    INTERNATIONAL REAL ESTATE SVCS

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14119387

California Regional Multiple Listing Service (CRMLS)

APN: 0413-222-12

California San Bernardino County Hesperia 92345 Downtown Hesperia

8743 3rd Ave, Hesperia, CA

Not Listed for Sale

MultiFamily

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