Off MarketRisky Deal2 days on market
1245 Magnolia Dr
1245 Magnolia Dr, Lancaster, CA 93535, Lancaster, CA 93535
$509,900
Estimate®:$500,800
Listing Price
1245 Magnolia Dr, Lancaster, CA 93535
Loc: Lancaster, CA
Days Listed
2
Tax Assessed
$499k
Estimate®
$501k
Market Rate
Lot Size
8,245 sqft
Rent Estimate
$3,629/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Lincoln Elementary School
K-5
0.2 mi away
2
New Vista Middle School
6-8
0.7 mi away
3
Eastside High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
tudor-inspiredstucco exteriortile roofattached garagegated drivewaycontemporary fencingsunset lightinglandscaped front yardmulti-levelcurb appealresidentialsuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.24%
Total ROI
72.8%
Cash Flow
$-418/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-418/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lancaster, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2023-04-24 | Sold | $470,000 | $178 |
| 2023-03-28 | Pending sale | $470,000 | $178 |
| 2023-02-25 | Listed for sale | $470,000 | $178 |
| 2023-02-13 | Contingent | $470,000 | $178 |
| 2023-02-05 | Listed for sale | $470,000 | $178 |
| 2019-07-29 | Sold | $319,000 | $121 |
| 2019-06-24 | Pending sale | $319,000 | $121 |
| 2019-06-20 | Price change | $319,000 | $121 |
| 2019-06-10 | Price change | $329,000 | $125 |
| 2019-05-29 | Price change | $339,000 | $129 |
| 2019-05-13 | Price change | $349,900 | $133 |
| 2019-04-15 | Listed for sale | $355,000 | $135 |
| 2015-12-29 | Sold | $238,000 | $90 |
| 2015-10-13 | Listed for sale | $237,770 | $90 |
| 2014-07-29 | Listing removed | $235,000 | $89 |
| 2014-05-27 | Price change | $235,000 | $89 |
| 2014-05-08 | Price change | $245,000 | $93 |
| 2014-04-26 | Price change | $235,000 | $89 |
| 2014-04-03 | Listed for sale | $245,000 | $93 |
| 2012-05-22 | Sold | $160,000 | $61 |
| 1994-07-15 | Sold | $139,000 | $53 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $498,766 |
| 2025 | $7,567.71 | $488,987 |
| 2024 | $7,225.65 | $479,400 |
| 2023 | $5,457.34 | $335,321 |
| 2022 | $5,224.7 | $328,748 |
| 2021 | $4,803.25 | $322,303 |
| 2020 | $4,745.9 | $319,000 |
| 2019 | $4,745.9 | $252,566 |
| 2018 | $3,784.47 | $247,614 |
| 2017 | $3,784.47 | $242,760 |
| 2016 | $3,825.69 | $238,000 |
| 2015 | $3,650.35 | $167,110 |
| 2014 | $2,798.6 | $163,838 |
| 2012 | $0 | $155,000 |
| 2011 | $0 | $155,000 |
| 2010 | $0 | $132,000 |
| 2009 | $0 | $181,293 |
| 2008 | $0 | $177,739 |
| 2007 | $0 | $174,254 |
| 2006 | $0 | $170,838 |
| 2005 | $0 | $170,838 |
| 2004 | $0 | $164,207 |
| 2003 | $0 | $161,198 |
| 2002 | $0 | $158,038 |
| 2000 | $0 | $151,903 |
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