NOT LISTED FOR SALE

1118 W Pearl St Unit A Anaheim, CA 92801

Northwest Anaheim Neighborhood

Estimated Value: $1,078,000 - $1,384,000

16 Beds
6 Baths
3,780 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $1,860,000 $492 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $7,861/month

56 Days on Market

About This Home

As of March 2017

• Two Individual Triplexes with Separate Parcels
• All Single Story, 2 & 3 Bedroom Cottages
• Complete Remodel and Renovation (4 of 6 units)
• High End Upgrades – Porcelain Flooring, Granite, Windows, Molding, Appliances, Plumbing, Electrical, etc.
• Private Front & Back Yards
• W/D Hookups

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 11/28/2016

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,790

Year Built

  • Built in 1936

Lot Details

  • 6,752 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre
  • 25503116

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 754
  • Assessor Parcel Number 25503117

Community Details

Overview

  • 6 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,100
  • Insurance Expense $1,500
  • Maintenance Expense $5,916
  • Other Expense $500
  • Water Sewer Expense $1,800
  • New Taxes Expense $22,621
  • Operating Expense $34,438
  • Gross Income $10,165
  • Net Operating Income $83,883

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,790

Year Built

Built in 1936

Lot Details

0

Listing Details

  • CapRate: 4.40
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 25503117
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 25503116
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6752.00

Multi Family

  • Gross Income: 10165.00
  • Gross Multiplier: 15.54
  • Gross Operating Income: 118321.00
  • Gross Scheduled Income: 121980.00
  • Gross Spendable Income: 21082.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 5916.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 83883.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 34438.00
  • Operating Expense Percent: 28.20
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Expenses: 34438.00
  • Vacancy Allowance: 3659
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22621.00
  • Tax Census Tract: 872.00
  • Tax Lot: 5
  • Tax Tract Number: 754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 23, 2017
Sold by
Pearl Street Anaheim Llc
Bought by
Relock Kevin M and Relock Barbara
Seller's Agent
Rick Applebaum
Morgan Skenderian
Buyer's Agent
Doug Rodermund
Morgan Skenderian
List Price
$1,925,000
Sold Price
$1,860,000
Premium/Discount to List
-$65,000
-3.38%
Current Estimated Value
$1,262,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$597,727
Avg. Annual Appreciation
-4.56%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Relock Kevin M and Relock Barbara C
Bought by
Relock Kevin M and Relock Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Relock Kevin M and Relock Barbara C
Bought by
Relock Kevin M and Relock Barbara C

Purchase Details

Closed on
Sep 12, 2011
Sold by
Relock Donald Michael
Bought by
Relock Donald M and Relock Kevin M

Purchase Details

Closed on
Nov 16, 2010
Sold by
Garcia Gabriel S and Garcia Susan L
Bought by
Relock Kevin M and Relock Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Garcia Gabriel S and Garcia Susan L
Bought by
Garcia Gabriel S and Garcia Susan L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Relock Kevin M -- None Available
Relock Kevin M -- Pacific Coast Title Company
Relock Kevin M -- Pacific Coast Title Company
Relock Kevin M -- None Available
Relock Kevin M -- None Available
Relock Donald M -- None Available
Relock Kevin M $375,000 First American Title Ins Co
Garcia Gabriel S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Relock Kevin M $437,500
Previous Owner Relock Kevin M $281,250
Previous Owner Garcia Gabriel S $126,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $1,860,000 +0.5% $492 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/23/2017 01/23/17 Price Changed $1,850,000 -2.4% $489 / Sq Ft
01/03/2017 01/03/17 Price Changed $1,895,000 -1.6% $501 / Sq Ft
11/28/2016 11/28/16 For Sale $1,925,000 -- $509 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,790 $1,068,548 $1,021,061 $47,487
2024 $11,790 $1,000,000 $955,251 $44,749
2023 $11,209 $788,000 $743,251 $44,749
2022 $11,905 $1,006,918 $962,169 $44,749
2021 $11,928 $987,175 $943,303 $43,872
2020 $11,880 $977,053 $933,630 $43,423
2019 $11,523 $957,896 $915,324 $42,572
2018 $11,285 $939,114 $897,376 $41,738
2017 $8,797 $735,000 $694,098 $40,902
2016 $5,203 $401,867 $362,475 $39,392
2015 $5,155 $395,831 $357,030 $38,801
2014 $4,852 $388,078 $350,037 $38,041
Source: Public Records

Agents Affiliated with this Home

  • Rick Applebaum

    Seller's Agent in 2017

    Rick Applebaum

    Morgan Skenderian

    (949) 251-8800

    1 in this area

    64 Total Sales

    Rick Applebaum
    Section Image
  • Doug Rodermund

    Buyer's Agent in 2017

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    21 Total Sales

    Doug Rodermund
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16753892

California Regional Multiple Listing Service (CRMLS)

APN: 255-031-17

California Orange County Anaheim 92801 Northwest Anaheim

1118 W Pearl St Unit A, Anaheim, CA

This home is located at 1118 W Pearl St Unit A, Anaheim, CA 92801 since 28 November 2016 and is currently estimated at $1,262,273, approximately $333 per square foot. This property was built in 1936. 1118 W Pearl St Unit A is a home located in Orange County with nearby schools including Westmont Elementary School, Sycamore Junior High School, and Anaheim High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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