NOT LISTED FOR SALE

107 W Wilson Ave Orange, CA 92867

3 Beds
2 Baths
12,899 Sq Ft
0.44 Acres

Last Sold March 23, 2017

Last sale price $3,975,000 $308 Per Sq Ft

22 Days on Market

About This Home

As of March 2017

• Highly Renovated Property
• New Cabinets, Granite, Windows, A/C Units,
Roofs, Garage Doors and More
• Approximately 1 Mile North of Old Town Orange
• Mix of 1 & 2 Bedrooms w/ Garages
• Two Separate Parcels
• Over 1 Parking Space per Bedroom

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 11/16/2016

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 11/16/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre
  • 375-283-11

Parking

  • 8 Open Parking Spaces
  • 20 Car Garage

Home Design

  • 12,899 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 3774
  • Assessor Parcel Number 37528310

Community Details

Overview

  • 2 Buildings
  • 20 Units

Building Details

  • 21 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $4,176
  • Maintenance Expense $16,119
  • Other Expense $750
  • Professional Management Expense $8,000
  • Trash Expense $3,906
  • Water Sewer Expense $3,906
  • New Taxes Expense $46,020
  • Operating Expense $88,222
  • Gross Income $23,080
  • Net Operating Income $180,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

20

Listing Details

  • CapRate: 4.50
  • Professional Management Expense: 8000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3906.00
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 37528310
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 308.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 20.00
  • Total Parking Spaces: 28.00
  • Uncovered Spaces: 8.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 3906.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 375-283-11
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 19139.00

Multi Family

  • Gross Income: 23080.00
  • Gross Multiplier: 14.44
  • Gross Operating Income: 268651.00
  • Gross Scheduled Income: 276960.00
  • Gross Spendable Income: 34200.00
  • Insurance Expense: 4176.00
  • Laundry Income: 180.00
  • Maintenance Expense: 16119.00
  • Net Operating Income: 180430.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 88222.00
  • Operating Expense Percent: 31.90
  • Other Expense: 750.00
  • Other Expense Description: Admin
  • Other Income1: 100.00
  • Other Income Description: Parking
  • Rent Control: No
  • Total Expenses: 88222.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 46020.00
  • Tax Census Tract: 762.04
  • Tax Lot: 18
  • Tax Tract Number: 3774
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $3,975,000 -0.6% $308 / Sq Ft
11/16/2016 11/16/16 For Sale $4,000,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,572 $2,306,661 $1,624,819 $681,842
2024 $26,572 $2,261,433 $1,592,960 $668,473
2023 $25,968 $2,217,092 $1,561,726 $655,366
2022 $25,452 $2,173,620 $1,531,104 $642,516
2021 $24,760 $2,131,000 $1,501,082 $629,918
2020 $24,530 $2,109,150 $1,485,691 $623,459
2019 $24,236 $2,067,795 $1,456,560 $611,235
2018 $23,871 $2,027,250 $1,428,000 $599,250
2017 $15,114 $1,233,103 $998,717 $234,386
2016 $14,835 $1,208,925 $979,134 $229,791
2015 $14,616 $1,190,766 $964,426 $226,340
2014 $14,306 $1,167,441 $945,534 $221,907
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16748494

California Regional Multiple Listing Service (CRMLS)