Guy Miracle
Sotheby's International Realty
(323) 894-9002
35 Total Sales
2 in Orange
$1.3M - $1.4M Price Range
131 W Hoover Ave Orange, CA 92867
Orange Area
16
Beds
8
Baths
6,575
Sq Ft
0.48
Acre Lot
Highlights
- 20,909 Sq Ft lot
- 8 Car Garage
- 1-Story Property
- No HOA
About This Home
As of August 2016Please review this upgraded, and owner maintained three building complex on almost 1/2 an Acre. The family has owned over 30 years. The complex is 100% single story construction made up of three buildings, eight garages, and eight open spots. The buildings have pitched roofs, washer and dryer hookups, and separate gas and electric meters. There is no owner gas or electric bill. Each unit has its own water heater and security screen door. 5 out of 8 of the units have had an extensive owner upgrade (Please refer to agent for pictures and list of items). Also, in 2007 all three buildings received new roofing. The front building has a gated front yard, and units have private yards. The property has well manacured landscaping and provides comely curb appeal.
This property is located in the City of Orange, just off of Katella Avenue and N Glassell Street. Less than two miles from the Honda Center and Angel Stadium and five miles from Disneyland, this property provides a central location to major retail, entertainment, and employment opportunities for tenants. The property is also minutes away from the 55 and 57 freeways for ease of transportation.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 06/07/2016
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 20,909 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 8 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 6,575 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 375 / 271
- Tax Tract Number 2
- Assessor Parcel Number 37527102
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Insurance Expense $2,860
- Maintenance Expense $6,000
- Other Expense $3,000
- Professional Management Expense $6,644
- Trash Expense $900
- Water Sewer Expense $1,602
- New Taxes Expense $22,445
- Gross Income $11,415
- Net Operating Income $87,785
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 2014
Sold by
Bought by
Purchase Details
Closed on
Jun 28, 2013
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 24, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 2005
Sold by
Bought by
Purchase Details
Closed on
Aug 9, 1996
Sold by
Bought by
Purchase Details
Closed on
Apr 2, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange, CA
-
Guy Miracle
-
Silvestre Medel
Silvestre Medel
Excellence RE Real Estate, Inc.
(858) 256-8987
56 Total Sales
1 in Orange
$775,000 Price
-
Blanca M Lopez
Blanca M Lopez
RE/MAX One
(657) 385-8005
58 Total Sales
4 in Orange
$40K - $1.1M Price Range
-
Chandy Andre
Chandy Andre
CK Realty
(949) 570-6094
38 Total Sales
2 in Orange
$1,541,000 Price Range
-
Candice Blair
Candice Blair
Coldwell Banker Realty
(949) 744-5263
109 Total Sales
1 in Orange
$630,000 Price
-
Adel Hamad
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
23 Total Sales
4 in Orange
$78K - $205K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,925,000 | Chicago Title Newport Beach | ||
| -- | None Available | ||
| -- | Fnt | ||
| -- | Fnt | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Gateway Title Company | ||
| -- | Gateway Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,100,000 | ||
| Previous Owner | $1,260,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2016 08/29/16 | Sold | $1,925,000 | 0.0% | $293 / Sq Ft |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- |
| 06/07/2016 06/07/16 | For Sale | $1,925,000 | -- | $293 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,871 | $2,278,807 | $1,657,316 | $621,491 |
| 2025 | $25,871 | $2,234,125 | $1,624,820 | $609,305 |
| 2024 | $25,291 | $2,190,319 | $1,592,961 | $597,358 |
| 2023 | $24,722 | $2,147,372 | $1,561,726 | $585,646 |
| 2022 | $24,235 | $2,105,267 | $1,531,104 | $574,163 |
| 2021 | $23,571 | $2,063,988 | $1,501,083 | $562,905 |
| 2020 | $23,352 | $2,042,825 | $1,485,691 | $557,134 |
| 2019 | $23,068 | $2,002,770 | $1,456,560 | $546,210 |
| 2018 | $22,719 | $1,963,500 | $1,428,000 | $535,500 |
| 2017 | $21,796 | $1,925,000 | $1,400,000 | $525,000 |
| 2016 | $4,335 | $237,926 | $79,590 | $158,336 |
| 2015 | $4,269 | $234,353 | $78,395 | $155,958 |
| 2014 | $4,179 | $229,763 | $76,860 | $152,903 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Bridge
Seller's Agent in 2016
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
56 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16125168
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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