NOT LISTED FOR SALE

116 W Elm Ave Fullerton, CA 92832

Estimated Value: $805,000 - $921,000

2 Beds
1 Bath
880 Sq Ft
$962/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $484,000 $550 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,941/month

85 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Fullerton Union High School Rated A-
  • Central Air

About This Home

As of April 2018

Great starter home located desirable location, in the heart of downtown Fullerton. Front house is Newly renovated. It has good size lot. Perfect for Investment or first time buyers as well. Very close to all restaurants, 91 AND 57 FWY. It has avocado tree and guava tree on the back yard. R-2 ZONING EASILY CAN BE CONVERTED TO 2 UNITS.

Last Agent to Sell the Property

Maricela Musavvir

Diamond Hills Realty License #01264520 Listed on: 09/18/2017

Last Buyer's Agent

Leticia Cooke

Complete Realty Services License #01365491

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,850 Sq Ft Lot
  • No Sprinklers
  • Property is zoned R-2

Parking

  • 2 Car Garage

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 467
  • Assessor Parcel Number 03227406

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 03227406
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 880.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 550.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5850.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 116.01
  • Tax Lot: 34
  • Tax Tract Number: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Montanez Brenda Contreras and Contreras Brenda
Bought by
Montanez Brenda Contreras and Montanez Jose Sergio
Current Estimated Value
$846,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$281,493
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$565,459

Purchase Details

Listed on
Sep 18, 2017
Closed on
Apr 6, 2018
Sold by
Montanez Jose
Bought by
Contreras Brenda
Seller's Agent
Maricela Musavvir
Diamond Hills Realty
Buyer's Agent
Leticia Cooke
Complete Realty Services
List Price
$499,000
Sold Price
$484,000
Premium/Discount to List
-$15,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$387,200
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Mar 12, 2018
Sold by
Musavvir Adam and Musavvir Daniela D
Bought by
Contreras Brenda
Seller's Agent
Maricela Musavvir
Diamond Hills Realty
Buyer's Agent
Leticia Cooke
Complete Realty Services
List Price
$499,000
Sold Price
$484,000
Premium/Discount to List
-$15,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Bisson Albert R and Bisson Katherine E
Bought by
Musavvir Adam and Musavvir Daniela D

Purchase Details

Closed on
Apr 9, 1998
Sold by
Tapp James E and Tapp Teresa K
Bought by
Bisson Albert R and Bisson Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,168
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Montanez Brenda Contreras -- American Coast Title
Contreras Brenda -- Priority Title
Contreras Brenda $484,000 Priority Title
Musavvir Adam $395,000 Old Republic Title
Bisson Albert R $112,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montanez Brenda Contreras $375,000
Closed Contreras Brenda $387,200
Previous Owner Bisson Albert R $112,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $484,000 -1.0% $550 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/05/2017 12/05/17 Price Changed $489,000 -2.0% $556 / Sq Ft
09/18/2017 09/18/17 For Sale $499,000 -- $567 / 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 $6,151 $550,706 $505,748 $44,958
2024 $6,151 $539,908 $495,831 $44,077
2023 $6,003 $529,322 $486,109 $43,213
2022 $5,963 $518,944 $476,578 $42,366
2021 $5,860 $508,769 $467,233 $41,536
2020 $5,828 $503,553 $462,442 $41,111
2019 $5,677 $493,680 $453,375 $40,305
2018 $4,715 $402,900 $366,716 $36,184
2017 $1,946 $154,084 $120,467 $33,617
2016 $1,907 $151,063 $118,105 $32,958
2015 $1,856 $148,794 $116,331 $32,463
2014 $1,803 $145,880 $114,052 $31,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17215324

California Regional Multiple Listing Service (CRMLS)

APN: 032-274-06