B
Seller's Agent in 2019
Ben Hecht
BD Realty
(310) 867-3056
11 Total Sales
1040 W Acacia Ave Orange, CA 92868
Estimated Value: $963,110 - $1,289,000
4
Beds
3
Baths
1,796
Sq Ft
$606/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Laundry Room
- Separate Family Room
- Double Pane Windows
- Forced Air Heating and Cooling System
- Turnkey
About This Home
As of October 2019Completely remodeled in 2016, this turn-key 4 Bedroom/3 Bathroom home is currently an exceptional rental garnering over $5,100/month for the past 2 years. The home is just minutes from downtown Orange, Chapman University and Westfield Mainplace shopping. Custom 5-in base molding, recessed lighting, brand new copper plumbing and light fixtures. The new kitchen is completely open to the living and family rooms and features new luxurious soft close cabinets with custom granite countertops, travertine backsplash, travertine flooring and a full stainless appliance package including fridge. The oversized master bath features a huge travertine shower from floor to ceiling with custom glass doors and a brand new double marble vanity. One of the guest bathrooms (3 total baths) includes a glass steam shower enclosure. New central AC system, brand new dual pane windows throughout and new electrical panel. Re-finished original hardwood flooring and large sunken family room. Corner lot with huge patio in the front. Tons of natural light. A second driveway allows for plenty of parking or place to park your RV! Current tenant renewed their lease June 1st for 1 year. Cap rate is over 7%!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,083
Year Built
- Built in 1952 | Remodeled
Lot Details
- 6,018 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 2 Car Garage
Home Design
- Turnkey
- Raised Foundation
- Asphalt Roof
- Copper Plumbing
Interior Spaces
- 1,796 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Separate Family Room
- Living Room with Fireplace
- Wood Flooring
- Laundry Room
Kitchen
- Built-In Range
- Range Hood
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Community Details
- 1 Leased Unit
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $498
- Maintenance Expense $1,200
- Operating Expense $2,298
- Net Operating Income $58,902
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 1566
- Assessor Parcel Number 03903501
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2021
Sold by
Cappello Investments Llc
Bought by
Cappello Joshua J and Cappello Kristen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$576,989
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$499,954
Purchase Details
Closed on
Aug 10, 2020
Sold by
Cappello Joshua J and Cappello Jordan A
Bought by
Cappello Investments Llc
Purchase Details
Listed on
Jul 1, 2019
Closed on
Oct 28, 2019
Sold by
Hecht Ben
Bought by
Cappello Joshua J and Cappello Jordan A
Seller's Agent
Ben Hecht
BD Realty
Buyer's Agent
Marina Parker
Coldwell Banker Realty
List Price
$840,000
Sold Price
$766,000
Premium/Discount to List
-$74,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$612,800
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 1, 2019
Closed on
Oct 15, 2019
Sold by
Cappello Lorena
Bought by
Cappello Jordan A
Seller's Agent
Ben Hecht
BD Realty
Buyer's Agent
Marina Parker
Coldwell Banker Realty
List Price
$840,000
Sold Price
$766,000
Premium/Discount to List
-$74,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,800
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2016
Sold by
Andrews Mark Stephen
Bought by
Hecht Ben
Purchase Details
Closed on
Jan 15, 2016
Sold by
Hecht Diane P K
Bought by
Hecht Ben
Purchase Details
Listed on
Feb 18, 2015
Closed on
Feb 23, 2015
Sold by
Hecht Ben
Bought by
Andrews Mark Stephen
Seller's Agent
Ben Hecht
BD Realty
Buyer's Agent
Miguel Aguilar
Self Made Real Estate, Inc.
List Price
$579,998
Sold Price
$579,998
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$511,998
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 18, 2015
Closed on
Feb 12, 2015
Sold by
Hecht Diane
Bought by
Hecht Ben
Seller's Agent
Ben Hecht
BD Realty
Buyer's Agent
Miguel Aguilar
Self Made Real Estate, Inc.
List Price
$579,998
Sold Price
$579,998
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,998
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 17, 2014
Closed on
Oct 13, 2014
Sold by
Hecht Ben
Bought by
Hecht Ben and Hecht Diane
Seller's Agent
Argie Nastasi
AAG Residential Services, Inc.
Buyer's Agent
Ben Hecht
BD Realty
List Price
$549,900
Sold Price
$460,000
Premium/Discount to List
-$89,900
-16.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.35%
Purchase Details
Closed on
Mar 28, 1984
Sold by
Couvillon Jean J
Bought by
Couvillon Jean J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cappello Joshua J | -- | Lawyers Title Oc | |
| Cappello Jordan A | -- | Lawyers Title | |
| Cappello Investments Llc | -- | First American Title Company | |
| Cappello Joshua J | $766,000 | First American Title | |
| Cappello Jordan A | -- | First American Title | |
| Cappello Joshua J | -- | None Available | |
| Hecht Ben | $595,000 | First American Title Company | |
| Hecht Ben | -- | First American Title Company | |
| Andrews Mark Stephen | $580,000 | Orange Coast Title Company | |
| Hecht Ben | -- | Orange Coast Title Company | |
| Hecht Ben | -- | Accommodation | |
| Hecht Ben | $460,000 | Orange Coast Title | |
| Hecht Ben | -- | Orange Coast Title | |
| Couvillon Jean J | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cappello Joshua J | $630,000 | |
| Closed | Cappello Joshua J | $630,000 | |
| Closed | Cappello Jordan A | $612,800 | |
| Previous Owner | Hecht Ben | $507,500 | |
| Previous Owner | Hecht Ben | $417,000 | |
| Previous Owner | Andrews Mark Stephen | $511,998 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2019 10/31/19 | Sold | $766,000 | -1.2% | $427 / Sq Ft |
| 09/05/2019 09/05/19 | Price Changed | $775,000 | -3.1% | $432 / Sq Ft |
| 08/21/2019 08/21/19 | Price Changed | $799,900 | -3.0% | $445 / Sq Ft |
| 07/29/2019 07/29/19 | Price Changed | $825,000 | -1.8% | $459 / Sq Ft |
| 07/01/2019 07/01/19 | For Sale | $840,000 | +44.8% | $468 / Sq Ft |
| 03/30/2015 03/30/15 | Sold | $579,998 | 0.0% | $323 / Sq Ft |
| 02/20/2015 02/20/15 | Pending | -- | -- | -- |
| 02/18/2015 02/18/15 | For Sale | $579,998 | 0.0% | $323 / Sq Ft |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- |
| 02/03/2015 02/03/15 | Price Changed | $579,998 | 0.0% | $323 / Sq Ft |
| 01/25/2015 01/25/15 | Price Changed | $579,999 | -0.9% | $323 / Sq Ft |
| 01/19/2015 01/19/15 | Price Changed | $584,998 | -0.8% | $326 / Sq Ft |
| 01/06/2015 01/06/15 | Price Changed | $589,997 | 0.0% | $329 / Sq Ft |
| 12/30/2014 12/30/14 | For Sale | $589,998 | +28.3% | $329 / Sq Ft |
| 10/20/2014 10/20/14 | Sold | $460,000 | -7.4% | $256 / Sq Ft |
| 08/18/2014 08/18/14 | Price Changed | $497,000 | -9.6% | $277 / Sq Ft |
| 07/17/2014 07/17/14 | For Sale | $549,900 | -- | $306 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,083 | $838,354 | $740,060 | $98,294 |
| 2024 | $9,083 | $821,916 | $725,549 | $96,367 |
| 2023 | $8,884 | $805,800 | $711,322 | $94,478 |
| 2022 | $8,713 | $790,000 | $697,374 | $92,626 |
| 2021 | $8,463 | $773,935 | $679,221 | $94,714 |
| 2020 | $8,385 | $766,000 | $672,257 | $93,743 |
| 2019 | $7,209 | $649,612 | $569,316 | $80,296 |
| 2018 | $7,100 | $636,875 | $558,153 | $78,722 |
| 2017 | $6,804 | $624,388 | $547,209 | $77,179 |
| 2016 | $6,431 | $588,845 | $534,498 | $54,347 |
| 2015 | $5,097 | $460,000 | $406,469 | $53,531 |
| 2014 | $858 | $57,854 | $23,791 | $34,063 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Hecht
-
Marina Parker
Buyer's Agent in 2019
Marina Parker
Coldwell Banker Realty
(714) 343-9977
1 in this area
58 Total Sales
-
M
Buyer's Agent in 2015
Miguel Aguilar
Self Made Real Estate, Inc.
-
A
Seller's Agent in 2014
Argie Nastasi
AAG Residential Services, Inc.
-
David Silva
Seller Co-Listing Agent in 2014
David Silva
Coldwell Banker Realty
(714) 227-3822
13 in this area
62 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19154967
APN: 039-035-01
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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