NOT LISTED FOR SALE

Estimated Value: $1,500,000 - $1,757,000

20 Beds
14 Baths
10,415 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,475,000 $142 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,737/month

168 Days on Market

Highlights

  • 0.32 Acre Lot
  • Laundry Room
  • 4-minute walk to Broadway Park
  • Lawn

About This Home

As of April 2022

This deal was marketed as Two Fourplexes (12721 Hadley), however they closed separately.

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 08/30/2021

Last Buyer's Agent

Bill Mulkey

TR Wealth Management Inc. License #00986020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,888

Year Built

  • Built in 1988

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Lawn
  • 8135002012

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 10,415 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 14 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 11 / 14
  • Tax Tract Number 501503
  • Assessor Parcel Number 8135002012
  • $1,834 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,800
  • Insurance Expense $8,000
  • Trash Expense $2,280
  • Water Sewer Expense $5,400
  • Operating Expense $68,580
  • Gross Income $180,655
  • Net Operating Income $112,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,888

Year Built

Built in 1988

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 187500
  • Property Attached: Yes
  • Water Sewer Expenses: 5400.00
  • Zoning: WHC0UD*
  • Property Type: Residential Income
  • Parcel Number: 8135002012
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 141.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2280.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 8135002012
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 14001.00
  • Lot Size Acres: 0.3214

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1800.00
  • Gross Income: 180655.00
  • Gross Scheduled Income: 183768.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 14001.0000 Square Feet
  • Net Operating Income: 112075.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 68580.00
  • Rent Control: No
  • Total Expenses: 68580.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 5015.04
  • Tax Lot: 11
  • Tax Tract Number: 501503
  • TaxOtherAnnualAssessmentAmount: 1834.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Groag Carlo and Groag Brenda
Bought by
Groag Carlo and Groag Brenda
Total Days on Market
168
Current Estimated Value
$1,632,480

Purchase Details

Closed on
Sep 12, 2002
Sold by
Uy Leande Arcos and Uy Veronica U
Bought by
Uy Leande Arcos and Uy Veronica U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.05%

Purchase Details

Closed on
Nov 6, 1993
Sold by
Uy Leande Arcos and Uy Veronica U
Bought by
Uy Leande A and Uy Veronica U
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
Groag Carlo -- Accommodation/Courtesy Recordi
Uy Leande Arcos -- New Century Title Company
Uy Leande A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uy Leande Arcos $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $1,475,000 -50.8% $142 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
10/06/2021 10/06/21 Price Changed $3,000,000 -3.8% $288 / Sq Ft
08/30/2021 08/30/21 For Sale $3,120,000 -- $300 / 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
2024 $18,888 $1,534,590 $936,360 $598,230
2023 $24,332 $2,028,780 $1,419,840 $608,940
2022 $8,101 $547,261 $220,536 $326,725
2021 $8,167 $536,531 $216,212 $320,319
2020 $7,797 $531,031 $213,996 $317,035
2019 $7,712 $520,619 $209,800 $310,819
2018 $7,436 $510,412 $205,687 $304,725
2016 $7,122 $490,593 $197,700 $292,893
2015 $6,973 $483,225 $194,731 $288,494
2014 $6,828 $473,760 $190,917 $282,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21191621

California Regional Multiple Listing Service (CRMLS)

APN: 8135-002-012