NOT LISTED FOR SALE

Estimated Value: $908,479 - $1,090,000

4 Beds
2 Baths
1,952 Sq Ft
$500/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $765,000 $392 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,088/month

65 Days on Market

Highlights

  • No HOA
  • Fullerton Union High School Rated A
  • Laundry Room

About This Home

As of May 2021

GREAT INVESTMENT OPPORTUNITY!! TWO SINGLE FAMILY RESIDENCE ON ONE LOT. FRONT UNIT IS A 2 BEDROOMS AND ONE BATHROOM. AN
ATTACHED 2 CAR GARAGE. BACK UNIT IS A 2 BEDROOMS AND ONE BATHROOM AND A SINGLE CAR GARAGE. PERFECT FOR RENTING OR COMBINATION
RENTING ONE AND LIVING IN THE OTHER. THIS NEIGHBORHOOD IS LOCATED CLOSE TO SHOPPING CENTER, SCHOOLS, UNION STATION, DOWNTOWN
FULLERTON, CSUF AND CLOSE TO 91 FREEWAY. PLEASE DO YOUR OWN INVESTIGATIONS REGARDING SQUARE FOOTAGE, AGE, PERMITS ETC. DO NOT
DISTURB TENANTS, TENANTS ARE NOT AWARE THE PROPERTY IS FOR SALE. ALL TENANTS STAY. YOU DON'T WANT TO MISS THIS OPPORTUNITY.***
BACK ON THE MARKET***

Last Agent to Sell the Property

Virginia Flores

T.N.G. Real Estate Consultants License #01047768 Listed on: 01/18/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Chris Miller

Miller Real Estate License #01723166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,200

Year Built

  • Built in 1968

Lot Details

  • 8,937 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,952 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Private Sewer

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 276
  • Assessor Parcel Number 03225306

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $636
  • Other Expense $1,500
  • Water Sewer Expense $1,151
  • New Taxes Expense $3,888
  • Operating Expense $7,174
  • Gross Income $39,900
  • Net Operating Income $32,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,200

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1151.00
  • Property Type: Residential Income
  • Parcel Number: 03225306
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 391.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8937.00
  • Lot Size Acres: 0.2052

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 39900.00
  • Gross Scheduled Income: 39900.00
  • Insurance Expense: 636.00
  • Lot Size Area: 8937.0000 Square Feet
  • Net Operating Income: 32753.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7174.00
  • Other Expense: 1500.00
  • Rent Control: No
  • Total Expenses: 7174.00

Tax Info

  • New Taxes Expense: 3888.00
  • Tax Lot: 11
  • Tax Tract Number: 276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 25, 2021
Sold by
Dhth Holdeman Llc
Bought by
Thomas Michelle
Seller's Agent
Virginia Flores
T.N.G. Real Estate Consultants
Buyer's Agent
Chris Miller
Miller Real Estate
List Price
$799,999
Sold Price
$765,000
Premium/Discount to List
-$34,999
-4.37%
Current Estimated Value
$976,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,620
Avg. Annual Appreciation
5.30%
Original Mortgage
$650,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Mar 13, 2012
Sold by
Belaquez Adolph J and Belasquez Linda D
Bought by
Holdeman Darr E and Holdeman Tammy R
Seller's Agent
Ryan Christensen
The Ryan Real Estate Group Inc
Buyer's Agent
Ryan Christensen
The Ryan Real Estate Group Inc
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$217,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Espinoza Richard V
Bought by
Espinoza Richard

Purchase Details

Closed on
Feb 5, 2004
Sold by
Belasquez Linda
Bought by
Belasquez Adolph J and Belasquez Linda D
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
Thomas Michelle $765,000 Provident Title Company
Holdeman Dhth -- Provident Title Company
Holdeman Darr E $290,000 Stewart Title Irvine
Espinoza Richard -- --
Belasquez Adolph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Michelle $650,250
Previous Owner Holdeman Darr E $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $765,000 -4.4% $392 / Sq Ft
01/18/2021 01/18/21 For Sale $799,999 +175.9% $410 / Sq Ft
05/08/2012 05/08/12 Sold $290,000 -- $305 / 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 $9,200 $828,060 $755,295 $72,765
2024 $9,200 $811,824 $740,485 $71,339
2023 $8,978 $795,906 $725,965 $69,941
2022 $8,920 $780,300 $711,730 $68,570
2021 $4,136 $336,511 $272,216 $64,295
2020 $4,112 $333,061 $269,425 $63,636
2019 $4,012 $326,531 $264,142 $62,389
2018 $3,953 $320,129 $258,963 $61,166
2017 $3,888 $313,852 $253,885 $59,967
2016 $3,810 $307,699 $248,907 $58,792
2015 $3,708 $303,078 $245,169 $57,909
2014 $3,603 $297,142 $240,367 $56,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21011166

California Regional Multiple Listing Service (CRMLS)

APN: 032-253-06