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706 West Milling Street

706 West Milling Street, Lancaster, CA 93534
706 West Milling Street has been categorized by the local assessors in Lancaster, CA as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 6,947 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a parking lot for those who require parking. According to our sources, there are a total of 45 available parking spaces. 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, 706 West Milling Street sold most recently in Feb 3, 2016 for a total of $65,000. If you work out the math, that's approximately a cost of $4.64 per sqft. Before that, the property was also sold for $79,500 in Jan 14, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $744 in taxes each year. 706 West Milling Street was most recently assessed in 2018. During this assessment, the property's total value was estimated to be about $33,812. If we break it down further, the land itself was valued at $33,292. Improvements to the property, however, were assessed at a total of $520. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

Assigned Parking
Unassigned Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220408
04/08/2022
Loft
-
-
$399,000
bedrooms
Loft
bathrooms
-
-
-
-
Narine Schneider
Nest Seekers
20191007
10/07/2019
Loft
-
-
$250,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Parking lot
  • Parking Space Count: 45

    Dimensions

  • Lot Size Square Feet: 6,947
  • Lot Size Frontage Feet: 0
  • Total Building Area: 14,000
  • Gross Building Area: 14,000
  • Building Area: 14,000
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: TOWN OF LANCASTER
  • Land Acres: 0.16
  • Standard Land Use Code: Parking lot
  • Legal Description 1: LANCASTER LOT ON SE LINE OF MILLING ST COM SW 50 FT FROM W LINE OF ELM AVE TH SW ON SD SE LINE 50 FT WITH A UNIFORM DEPTH OF

Ownership

  • Current Owner : ELITE CHOICE PROPERTIES INC
  • Previous Owner : LADITAN OLUYEMISI
  • Previous Owner 2: LADITAN LAOLU
  • Owner Before Previous Owner: DIMATTIO MARINO
  • Owner Before Previous Owner 2: THE MARINO DIMATTIO & EVA DIMATTIO TRUST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 900806

Zoning

  • Zoning: LRPR*

Geography

  • Parcel: 3133-023-017
  • Block: 22
  • Lot: 3
  • Latitude: 34.6957
  • Longitude: -118.142

    Address

  • Full Address: 706 W Milling St
  • Address - House Number: 706
  • Street Direction: W
  • Address - Street Name: Milling
  • Address - Suffix Type: St
  • State: CA
  • City Name: Lancaster
  • Carrier Code: C002
  • 4-Digit Zip Code: 3121
  • Zip Code: 93534

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $744
  • Tax Rate Code Area: 5-835

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $33,812
  • Assessed Land Value: $33,292
  • Assessed Improvements Value: $520

    Sales

  • Current Sale Contract Date: Feb 03, 2016
  • Current Sale Recording Date: Feb 17, 2016
  • Current Sale Transaction ID: 1437939656
  • Current Sale Price: $65,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0172023
  • Previous Sale Recording Date: Feb 10, 2005
  • Previous Sale Contract Date: Jan 14, 2005
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE MARINO DIMATTIO & EVA DIMA
  • Previous Mortgage Transaction Date: Feb 10, 2005
  • Previous Mortgage Loan Amount: $63,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About South Downtown Lancaster



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 706 West Milling Street located in?
The 706 West Milling Street is a land located in the neighborhood of South Downtown Lancaster in South Downtown Lancaster, Lancaster.
What is the average sales price for listings in 706 West Milling Street?
The average sales price for units in 706 West Milling Street is $0 currently.

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