NOT LISTED FOR SALE

Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $791,000 - $936,000

9 Beds
6.5 Baths
3,973 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $480,000 $121 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,327/month

About This Home

As of March 2017

Extremely rare offering, WEST PALMDALE 4 unit apartment building. Walking distance to everything: Mall, Shopping, Hospital, Schools, Rail/Metro/Bus HUB, Freeway close. One 3 bedroom unit, and Three 2 bedroom units, all with indoor laundry hook ups, central HVAC and private patios. Excellent addition to an existing income portfolio, or for a first time investor to live in one unit and rent other units for ultimate positive cash flow.

Last Agent to Sell the Property

Jared Haskell

HomeBased Realty License #01772577 Listed on: 01/09/2017

HomeBased Realty

Co-Listed By

Karin Haskell

HomeBased Realty License #01022074

Last Buyer's Agent

Robert Mestepey

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,153

Year Built

  • Built in 1972

Lot Details

  • 0.31

Home Design

  • 3,973 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6.5 Bathrooms

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3003-007-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,153

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Annual Insurance Expense: 1639.00
  • Capital Rate: 8.40
  • Directions To Property: Corner of Beechdale and 10th Street west
  • Income Producing: Yes
  • Listing Member Name: Jared B Haskell
  • Listing Office Short Id: 2484
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220333978991000000
  • Prop. Type: E
  • Selling Member Short Id: 88625
  • Selling Office Short Id: 6164
  • Sp Percent Lp: 0.91
  • Square Footage: 3973.00
  • Tract Suffix: Street
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 131225.00
  • Total Bathrooms: 6.50

Exterior Features

  • Exterior Construction: Frame, Stucco, Wood
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.31
  • Zoning: PDR3*

Rental Info

  • Pet Deposit: 3% financed 10% Cash

Tax Info

  • Assessor Parcel Number: 3003-007-027

Multi Family

  • Number2 Bedroom Units: 3.00
  • Number3 Bedroom Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Jan 24, 2017
Sold by
Hunt Georgene La Rue and The George La Rue Hunt Revocab
Bought by
Norlaco Rentals Llc
Seller's Agent
Jared Haskell
HomeBased Realty
Buyer's Agent
Robert Mestepey
NON-MEMBER OFFICE
List Price
$524,900
Sold Price
$480,000
Premium/Discount to List
-$44,900
-8.55%
Current Estimated Value
$860,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,916
Avg. Annual Appreciation
7.03%
Original Mortgage
$400,000
Outstanding Balance
$331,091
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$529,825

Purchase Details

Closed on
Feb 24, 2003
Sold by
Hunt Georgene Larue
Bought by
Hunt Georgene Larue and The Georgene Larue Hunt Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.89%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Hunt Georgene Larue
Bought by
Hunt Georgene Larue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.89%

Purchase Details

Closed on
May 12, 2000
Sold by
Hunt Georgene Larue and The William James Hunt Revocab
Bought by
Hunt Georgene Larue

Purchase Details

Closed on
Apr 30, 1999
Sold by
Hunt Wm James and The Wm James Hunt Revocable Tr
Bought by
Hunt Georgene Larue and The William James Hunt Revocab
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
Norlaco Rentals Llc $480,000 Fidelity National Title Co
Hunt Georgene Larue -- --
Hunt Georgene Larue -- Chicago Title
Hunt Georgene Larue -- --
Hunt Georgene Larue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norlaco Rentals Llc $400,000
Previous Owner Hunt Georgene Larue $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $480,000 -8.6% $121 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $524,900 -- $132 / 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 $9,153 $557,075 $92,843 $464,232
2024 $9,153 $546,153 $91,023 $455,130
2023 $9,011 $535,445 $89,239 $446,206
2022 $8,711 $524,947 $87,490 $437,457
2021 $8,516 $514,655 $85,775 $428,880
2020 $8,434 $509,379 $84,896 $424,483
2019 $8,323 $499,392 $83,232 $416,160
2018 $8,205 $489,600 $81,600 $408,000
2016 $3,769 $138,300 $17,578 $120,722
2015 $3,722 $136,223 $17,314 $118,909
2014 $3,685 $133,555 $16,975 $116,580
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jared Haskell

    HomeBased Realty

    5 in this area

    14 Total Sales

    Jared Haskell
    Section Image
  • Karin Haskell

    Seller Co-Listing Agent in 2017

    Karin Haskell

    HomeBased Realty

    (661) 406-8125

    5 in this area

    15 Total Sales

    Karin Haskell
    Section Image

  • R

    Buyer's Agent in 2017

    Robert Mestepey

    NON-MEMBER OFFICE

See All Agents

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17000211

Greater Antelope Valley Association of REALTORS®

APN: 3003-007-027

California Los Angeles County Palmdale 93551

West Palmdale

This home since 09 January 2017 and is currently estimated at $860,916, approximately $216 per square foot. This property was built in 1972. This home is a home located in Los Angeles County with nearby schools including Ocotillo Elementary School, David G. Millen Magnet Academy, 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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