NOT LISTED FOR SALE

Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $749,000 - $879,124

8 Beds
8 Baths
3,644 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $425,000 $117 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,154/month

10 Days on Market

About This Home

As of September 2016

4 unit income property located close to most public transportation and shopping centers. Great income property. 3 units are currently rented one will be rented shortly. Two of the units have attached garage and the other two have assigned garage spaces.

Last Agent to Sell the Property

Katie Stewart

License #01409362 Listed on: 05/09/2016

Last Buyer's Agent

Maria Navarro

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,466

Year Built

  • Built in 1983

Lot Details

  • 7,405

Home Design

  • 3,644 Sq Ft Home
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-025-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,466

Year Built

Built in 1983

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: Palmdale Blvd, east on 3rd St E, right on Q7
  • Income Producing: Yes
  • Listing Member Name: Katie Stewart
  • Listing Office Short Id: 5345
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220346901327000000
  • Prop. Type: E
  • Selling Member Short Id: 92819
  • Selling Office Short Id: 4067
  • Sp Percent Lp: 1.00
  • Square Footage: 3644.00
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 106249.75
  • Total Bathrooms: 8.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.17
  • Zoning: PDR3*

Tax Info

  • Assessor Parcel Number: 3008-025-023

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 2.00
  • Number 4 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Sep 6, 2016
Sold by
High Desert Investment Properties I Llc
Bought by
Martinez Corina E
Seller's Agent
Katie Stewart
Buyer's Agent
Maria Navarro
Century 21 Masters
List Price
$424,999
Sold Price
$425,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$816,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,281
Avg. Annual Appreciation
7.62%
Original Mortgage
$311,250
Outstanding Balance
$250,352
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$571,154

Purchase Details

Listed on
Dec 29, 2011
Closed on
Jan 29, 2013
Sold by
Mellinger Greg
Bought by
High Desert Investment Properties I Llc
Seller's Agent
Katie Stewart
Buyer's Agent
Katie Stewart
List Price
$168,000
Sold Price
$151,000
Premium/Discount to List
-$17,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.20%
Original Mortgage
$50,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2007
Sold by
Mellinger Greg
Bought by
Los Arboles Apartments & Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Mellinger Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.64%

Purchase Details

Closed on
Jun 3, 1999
Sold by
Lobo Norman
Bought by
Washington Mutual Bank Fa and Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.64%
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
Martinez Corina E $425,000 Fidelity National Title Co
High Desert Investment Properties I Llc $151,000 None Available
Mellinger Greg -- None Available
Los Arboles Apartments & Townhomes Llc -- None Available
Mellinger Greg $105,000 Chicago Title Co
Washington Mutual Bank Fa $133,194 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Corina E $311,250
Previous Owner Mellinger Greg $50,000
Previous Owner High Desert Investment Properties I Llc $150,000
Previous Owner High Desert Investment Properties I Llc $50,000
Previous Owner Los Arboles Apartments & Townhomes Llc $20,000
Previous Owner High Desert Investment Properties I Llc $103,250
Previous Owner High Desert Investment Properties I Llc $25,000
Previous Owner Los Arboles Apartments & Townhomes Llc $66,000
Previous Owner Mellinger Greg $75,000
Previous Owner Mellinger Gregory $0
Previous Owner Mellinger Greg $427,500
Previous Owner Mellinger Gregory $242,000
Previous Owner Mellinger Gregory $82,500
Previous Owner Mellinger Greg $75,000
Previous Owner Mellinger Greg $643,680
Previous Owner Mellinger Gregory $22,500
Previous Owner Mellinger Greg $25,000
Previous Owner Mellinger Greg $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $425,000 0.0% $117 / Sq Ft
09/08/2016 09/08/16 Sold $425,000 0.0% $117 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/19/2016 05/19/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $424,999 0.0% $117 / Sq Ft
05/08/2016 05/08/16 For Sale $424,999 0.0% $117 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $424,999 +181.5% $117 / Sq Ft
01/30/2013 01/30/13 Sold $151,000 -10.1% $41 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $168,000 -- $46 / 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 $8,466 $493,242 $74,273 $418,969
2024 $8,466 $483,571 $72,817 $410,754
2023 $8,391 $474,090 $71,390 $402,700
2022 $8,088 $464,795 $69,991 $394,804
2021 $7,913 $455,682 $68,619 $387,063
2019 $7,702 $442,169 $66,585 $375,584
2018 $7,595 $433,500 $65,280 $368,220
2016 $5,207 $249,654 $37,447 $212,207
2015 $5,155 $245,905 $36,885 $209,020
2014 $5,106 $241,089 $36,163 $204,926
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Katie Stewart

  • M

    Buyer's Agent in 2016

    Maria Navarro

    Century 21 Masters

  • R

    Buyer's Agent in 2016

    Rex Smith

See All Agents

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16004502

Greater Antelope Valley Association of REALTORS®

APN: 3008-025-023

California Los Angeles County Palmdale 93550

East Palmdale

This home since 09 May 2016 and is currently estimated at $816,281, approximately $224 per square foot. This property was built in 1983. This home is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Intermediate, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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