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600 Cherry Lane

600 Cherry Lane, Tehachapi, CA 93561
Property in Kern
Sold Aug 24, 2018
$4,500,000
$50,000 by Banc Of California Na
Mortgage
Sold Jan 31, 2002
$1,596,000
$1,276,800 by Abn Amro Mtg Group Inc
Mortgage Due Feb 01, 2032
600 Cherry Lane in Tehachapi, CA was first built in 1990 and is 34 years old. This has been categorized as a residential property type. There are a total of 2 floors. In total, the area measurement of the land is 216,929 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of concrete. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 600 Cherry Lane sold most recently in May 31, 2018 for a total of $4,500,000. If you work out the math, that's approximately a cost of $98.10 per sqft. Before that, the property was also sold for $1,596,000 in Oct 4, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $60,793 in taxes each year. 600 Cherry Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,720,904. If we break it down further, the land itself was valued at $115,797. Improvements to the property, however, were assessed at a total of $4,605,107. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 56
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 216,929
  • Total Building Area: 45,873
  • Gross Building Area: 45,873
  • Building Area: 45,873
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TEHACHAPI FRUIT & LAND COMPANYS SUB
  • Land Acres: 4.98
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: PARCEL MAP 11302 , LOT A

Ownership

  • Current Owner : TEHACHAPI INVESTMENTS LLC
  • Previous Owner : RUBIN BEVERLY
  • Owner Before Previous Owner: PACIFIC ENTERTAINMENT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tehachapi Unified School District
  • Census Tract: 006102

Geography

  • Assessors Map Reference: 2609-G4
  • Account Number: 416120228
  • Subdivision Tract Number: 11302
  • Parcel: 416-120-22-00-0
  • Lot: A
  • Latitude: 35.12
  • Longitude: -118.457

    Address

  • Full Address: 600 Cherry Ln
  • Address - House Number: 600
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Tehachapi
  • Carrier Code: C005
  • 4-Digit Zip Code: 2187
  • Zip Code: 93561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,793
  • Tax Rate Code Area: 00-006

    Appraisal Valuation

  • Standard Deviation: 0.3287
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 34
  • Final Value: 4,628,337
  • High Value: 6,150,017
  • Low Value: 3,106,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: BANC OF CALIFORNIA NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2018
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,720,904
  • Assessed Land Value: $115,797
  • Assessed Improvements Value: $4,605,107

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Transaction ID: 11501857460
  • Current Sale Price: $4,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0218111512
  • Previous Sale Recording Date: Jan 31, 2002
  • Previous Sale Contract Date: Oct 04, 2001
  • Previous Sale Amount: $1,596,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANC OF CALIFORNIA NA
  • First Mortgage Transaction Date: Aug 24, 2018
  • First Mortgage Loan Amount: $50,000

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Jan 31, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,276,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2032

About Tehachapi



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Frequently Asked Questions

What neighborhood is 600 Cherry Lane located in?
The 600 Cherry Lane is a located in the neighborhood of Kern in Tehachapi, Tehachapi.
What is the average sales price for listings in 600 Cherry Lane?
The average sales price for units in 600 Cherry Lane is $0 currently.

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