NOT LISTED FOR SALE

Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $458,770 - $593,000

4 Beds
2 Baths
1,960 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $276,000 $141 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,108/month

60 Days on Market

About This Home

As of October 2018

Great investment...Corner lot extra large units in great location. Long term residents. Live in one side, rent the other? or great opportunity to own income producing property. Comes with 2-car garage and it's Close to newly improved hot spot in downtown Lancaster ''The Blvd.'' Plenty of dining and entertainment nearby. Great investment opportunity! Please do not disturb or talk with residents...

Last Agent to Sell the Property

Mark Chappell

ENRG Realty, Inc. License #01009746 Listed on: 08/09/2018

ENRG Realty, Inc.

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 1,960 Sq Ft Home
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3134-026-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Directions To Property: Avenue J to Cedar and make a left (North). Located on the corner of Cedar Ave and Pillsbury.
  • Income Producing: Yes
  • Listing Member Name: Mark Chappell
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 0.99
  • Square Footage: 1960.00
  • Tract Suffix: Avenue
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 140000.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Stucco
  • ConstructionComments: recently painted
  • Roof: Composition

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 1

Utilities

  • Cooling Type: Room Evaporated Air
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.21
  • Zoning: LRR2

Rental Info

  • Pet Deposit: 5000

Tax Info

  • Assessor Parcel Number: 3134-026-014

Multi Family

  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 25, 2018
Sold by
Chappell Jacqueline Ann
Bought by
Chappell Travis C
Seller's Agent
Mark Chappell
ENRG Realty, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$290,000
Sold Price
$276,000
Premium/Discount to List
-$14,000
-4.83%
Current Estimated Value
$515,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,943
Avg. Annual Appreciation
9.14%
Original Mortgage
$193,100
Outstanding Balance
$168,753
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$347,190

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 12, 2018
Sold by
Chappell Brittany N and Chappell Travis C
Bought by
Sharrow Robert F and Sharrow Genevieve C
Seller's Agent
Mark Chappell
ENRG Realty, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$290,000
Sold Price
$276,000
Premium/Discount to List
-$14,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,100
Outstanding Balance
$168,753
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$347,190

Purchase Details

Closed on
May 24, 2010
Sold by
Wiggins Norman F and Wiggins Patricia A
Bought by
Chappell Brittany N and Chappell Travis C

Purchase Details

Closed on
Jul 27, 2009
Sold by
Chappell Mark and Chappell Kelly
Bought by
Wiggins Norman F

Purchase Details

Closed on
Nov 25, 2008
Sold by
Sanchez Marcos
Bought by
Chappell Mark

Purchase Details

Closed on
Jun 14, 2006
Sold by
Giesen Barbara
Bought by
Sanchez Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Chappell Travis C -- North American Title
Sharrow Robert F $276,000 North American Title
Chappell Brittany N -- Fidelity National Title Co
Wiggins Norman F $100,000 None Available
Chappell Mark $88,600 None Available
Sanchez Marcos $376,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharrow Robert F $193,100
Previous Owner Sanchez Marcos $300,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $276,000 -4.8% $141 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $290,000 -- $148 / 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 $4,846 $307,879 $45,734 $262,145
2024 $4,846 $301,843 $44,838 $257,005
2023 $4,752 $295,925 $43,959 $251,966
2022 $4,666 $290,124 $43,098 $247,026
2021 $4,587 $284,436 $42,253 $242,183
2019 $4,456 $276,000 $41,000 $235,000
2018 $2,351 $101,332 $15,198 $86,134
2016 $2,237 $97,399 $14,608 $82,791
2015 $2,214 $95,937 $14,389 $81,548
2014 $2,224 $94,059 $14,108 $79,951
Source: Public Records

Agents Affiliated with this Home

  • Mark Chappell

    Seller's Agent in 2018

    Mark Chappell

    ENRG Realty, Inc.

    (661) 223-4017

    9 in this area

    89 Total Sales

    Mark Chappell
    Section Image

  • U

    Buyer's Agent in 2018

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 18008446

Greater Antelope Valley Association of REALTORS®

APN: 3134-026-014

California Los Angeles County Lancaster 93534

Central Lancaster

Not Listed for Sale

MultiFamily

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