NOT LISTED FOR SALE

Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $507,988 - $692,000

6 Beds
5 Baths
2,950 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $275,000 $93 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,571/month

60 Days on Market

About This Home

As of February 2015

Bring your client that is looking for multiple units that weren't built in the 50's. This is a fully occupied Triplex. There are (2) 2br/2bth two story units. Each unit has an attached two car garage with washer and dryer hookups located in garage. These two units each have a small patio in rear. There is also a single story 2br/1bth with a detached garage with washer and dryer hookups. The smaller unit has a decent size private yard between the unit and the garage. The current gross monthly rent is $2,500. With upgrades the rents could easily be raised to $950 or $1,000 per month. This property MUST CLOSE CONCURRENTLY with the property directly to the east at 325 West J-8. 325 J-8 is also listed at $325,000 Listing Number 1413728. The floor plan of 325 J-8 is identical to this

Last Agent to Sell the Property

Howard Harris

PMI Antelope Valley License #00995639 Listed on: 10/25/2014

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 9,148

Home Design

  • 2,950 Sq Ft Home
  • Frame Construction
  • Tile Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • 9,148 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3132-014-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • House Faces: W
  • Directions To Property: Take Sierra Hwy to Ave. J-8, go west on J-8
  • Listing Member Name: Howard Harris
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.85
  • Square Footage: 2950.00
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 108333.33
  • Total Bathrooms: 5.00

Exterior Features

  • Exterior Construction: Frame
  • Roof: Tile

Garage/Parking

  • AdditionalInfoParkingSpaces: 6

Utilities

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

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.21
  • Zoning: LRM1*

Tax Info

  • Assessor Parcel Number: 3132-014-011

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2019
Sold by
Akrawi Matti and Akrawi Margrat
Bought by
Akrawi Matti and Akrawi Margrat
Current Estimated Value
$593,497

Purchase Details

Listed on
Oct 25, 2014
Closed on
Jan 8, 2015
Sold by
Green Eric O
Bought by
Akrawi Matti and Akrawi Margrat
Seller's Agent
Howard Harris
PMI Antelope Valley
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$192,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Huston Richard C and The Richard C Huston
Bought by
Ogreen Eric and Ogreen Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Huston Richard C
Bought by
Huston Richard C and Richard C Huston Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Huston Richard and Huston Richard C
Bought by
Huston Richard C and Richard C Huston Trust

Purchase Details

Closed on
Aug 23, 2003
Sold by
Fish David Roy and Fish Michael David
Bought by
Huston Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Wilson Thomas M and Wilson Joyce L
Bought by
Fish David Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
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
Akrawi Matti -- None Available
Akrawi Matti $275,000 None Available
Ogreen Eric $185,000 Chicago Title Company
Huston Richard C -- Accommodation
Huston Richard C -- First American Title Co
Huston Richard C -- --
Huston Richard $250,000 Chicago Title Co
Fish David Roy $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akrawi Matti $192,500
Previous Owner Ogreen Eric $138,750
Previous Owner Huston Richard C $384,000
Previous Owner Huston Richard $200,000
Previous Owner Fish David Roy $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2015 02/19/15 Sold $275,000 -15.4% $93 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $325,000 -- $110 / 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 $5,645 $330,502 $49,272 $281,230
2024 $5,645 $324,022 $48,306 $275,716
2023 $5,543 $317,669 $47,359 $270,310
2022 $5,446 $311,441 $46,431 $265,010
2021 $5,351 $305,335 $45,521 $259,814
2020 $5,294 $302,205 $45,055 $257,150
2019 $5,207 $296,280 $44,172 $252,108
2018 $5,127 $290,471 $43,306 $247,165
2016 $4,864 $279,193 $41,625 $237,568
2015 $3,909 $198,690 $32,218 $166,472
2014 -- $194,799 $31,587 $163,212
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Howard Harris

    PMI Antelope Valley

    (661) 579-0508

    8 in this area

    33 Total Sales

    Howard Harris
    Section Image

  • U

    Buyer's Agent in 2015

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1413726

Greater Antelope Valley Association of REALTORS®

APN: 3132-014-011

California Los Angeles County Lancaster 93534

Central Lancaster

Not Listed for Sale

MultiFamily

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