NOT LISTED FOR SALE

130 S Hewes St Orange, CA 92869

Studio
-- Bath
10,057 Sq Ft
0.45 Acres Lot

Sale Details

Date Sold: November 5, 2018

Last sale price $4,500,000 $447 Per Sq Ft

165 Days on Market

Highlights

  • 19,689 Sq Ft lot
  • Central Heating and Cooling System
  • 22 Car Garage
  • El Modena High School Rated A-

About This Home

As of November 2018

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

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 12/04/2017

Last Buyer's Agent

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 12/04/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • 0.45

Parking

  • 22 Car Garage

Interior Spaces

  • 10,057 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • 19,689 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 392-181-21

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10057
  • Stories: 2
  • Year Built: 2017
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 496.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 22

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 950000
  • Assessor Parcel Number: 392-181-21
  • Geocode Override: No
  • Lot Size Area: 19689

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.85
  • Number Of Units: 12
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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
Source: The MLS

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-294038

The MLS

APN: 392-181-21

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