NOT LISTED FOR SALE

Estimated Value: $900,471 - $1,092,000

3 Beds
2 Baths
2,575 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $425,000 $165 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $6,063/month

236 Days on Market

About This Home

As of July 2013

Great location on Route 66, 2- 1bedroom 1 bath houses, 1- 3bedroom 1 bath house, 1 garage. App. 30,000 square foot lot zoned commerical, great for future construction!

Last Agent to Sell the Property

Tom Musser

BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES License #01498325 Listed on: 05/20/2013

BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES

Last Buyer's Agent

Tom Musser

BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES License #01498325 Listed on: 05/20/2013

BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,948

Year Built

  • Built in 1958

Lot Details

  • 0.66 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,575 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 4004
  • Assessor Parcel Number 8655017019

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,573
  • Trash Expense $840
  • Water Sewer Expense $840
  • New Taxes Expense $3,901
  • Gross Income $1,950
  • Net Operating Income $1,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,948

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 840.00
  • Property Type: Residential Income
  • Parcel Number: 8655017019
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 165.05

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 28622.00
  • Lot Size Acres: 0.6570

Multi Family

  • Gross Income: 1950.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1573.00
  • Lot Size Area: 28622.0000 Square Feet
  • Net Operating Income: 1399.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 876.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3901.00
  • Tax Lot: 32
  • Tax Tract Number: 4004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Jul 13, 2013
Sold by
Galss Steven F and Combs Sally J
Bought by
1201 Route 66 Llc
Seller's Agent
Tom Musser
BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES
Buyer's Agent
Tom Musser
BERKSHIRE HATHAWAY HOMESERVICES CA PROPERTIES
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$1,029,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,368
Avg. Annual Appreciation
7.41%
Original Mortgage
$212,500
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2011
Sold by
The Steven F Glass Living Trust
Bought by
Glass Steven F and Combs Sally J

Purchase Details

Closed on
Jun 29, 2004
Sold by
Shafia Fred and Glass Steven
Bought by
The Steven F Glass Living Trust

Purchase Details

Closed on
Jun 3, 1999
Sold by
Creese Elizabeth Louise and Creese Delbert Donald
Bought by
Shafia Fred and Glass Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1201 Route 66 Llc $425,000 Orange Coast Title Company O
Glass Steven F -- None Available
The Steven F Glass Living Trust -- --
Shafia Fred $235,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1201 Route 66 Llc $660,000
Closed 1201 Route 66 Llc $350,000
Closed 1201 Route 66 Llc $212,500
Previous Owner The Steven F Glass Living Trust $155,000
Previous Owner Shafia Fred $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $425,000 -10.5% $165 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $475,000 -- $184 / 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 $6,948 $520,979 $490,338 $30,641
2024 $6,948 $510,765 $480,724 $30,041
2023 $6,799 $500,751 $471,299 $29,452
2022 $6,671 $490,933 $462,058 $28,875
2021 $6,548 $481,308 $452,999 $28,309
2020 $6,349 $476,374 $448,355 $28,019
2019 $6,211 $467,034 $439,564 $27,470
2018 $5,869 $457,878 $430,946 $26,932
2016 $5,622 $440,100 $414,213 $25,887
2015 $5,506 $433,491 $407,992 $25,499
2014 $5,514 $425,000 $400,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12127293

California Regional Multiple Listing Service (CRMLS)

APN: 8655-017-019