Seller's Agent in 2018
Daniel Blackwell
CB Richard Ellis, Inc.
(949) 423-6111
52 Total Sales
Encore at Hewes is a 12-unit Active Adult (55+) multifamily community in Orange, California. Constructed in 2017, the property was developed and owned by the current ownership and is located in a strong rental market, at the intersection of East Chapman and Hewes Street. All units feature one-bedroom with den layouts with condominium quality floor plans, granite countertops, central heat and air conditioning and washer/dryer hookups. This opportunity presents an investor to acquire a new construction, pride of ownership asset in a desirable submarket in the heart of Orange County. Additional amenities include a furnished clubhouse with gourmet kitchen, beautifully landscaped courtyard and a fitness center. Encore at Hewes is located in the affluent area of the Orange Foothills near many shopping centers and restaurants. The property is also minutes away from the 55 and 22 Freeways, Old Towne Orange, Chapman University and Irvine Regional Park. No rent control.
Last Agent to Sell the Property
CB Richard Ellis, Inc. License #01854961 Listed on: 12/04/2017
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2018 11/05/18 | Sold | $4,500,000 | -9.9% | $447 / Sq Ft |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- |
| 12/04/2017 12/04/17 | For Sale | $4,995,000 | -- | $497 / Sq Ft |
| 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 | $55,267 | $5,019,835 | $2,231,039 | $2,788,796 |
| 2024 | $55,267 | $4,921,407 | $2,187,293 | $2,734,114 |
| 2023 | $54,043 | $4,824,909 | $2,144,405 | $2,680,504 |
| 2022 | $52,994 | $4,730,303 | $2,102,357 | $2,627,946 |
| 2021 | $51,517 | $4,637,552 | $2,061,134 | $2,576,418 |
| 2020 | $51,042 | $4,590,000 | $2,040,000 | $2,550,000 |
| 2019 | $50,403 | $4,500,000 | $2,000,000 | $2,500,000 |
| 2018 | $28,452 | $2,411,529 | $969,000 | $1,442,529 |
| 2017 | $9,833 | $950,000 | $950,000 | $0 |
| 2016 | $8,408 | $812,200 | $812,200 | $0 |
| 2015 | $8,287 | $800,000 | $800,000 | $0 |
| 2014 | $7,726 | $747,126 | $747,126 | $0 |
Seller's Agent in 2018
Daniel Blackwell
CB Richard Ellis, Inc.
(949) 423-6111
52 Total Sales
Source: The MLS
MLS Number: 17-294038
APN: 392-181-21
Ask me questions while you tour the home.