NOT LISTED FOR SALE

Estimated Value: $580,824 - $825,000

Studio
-- Bath
2,760 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $285,000 $103 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,034/month

7 Days on Market

Highlights

  • Cooling Available
  • Madison Heights Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of November 2017

Great investment property is fully rented. Quiet neighborhood with many SFR with some office and medical facilities nearby. Quick access to downtown & airport via 51 freeway. These are 2 bdrm/1 bath units in solid block building with private coin operated laundry and covered parking.

Last Agent to Sell the Property

Gerald Rupp

West USA Realty License #SA023725000 Listed on: 10/17/2017

West USA Realty

Last Buyer's Agent

Mike Snitz

Realty ONE Group License #SA651575000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1971

Lot Details

  • 10,193

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Schools

  • Madison Elementary School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 160-22-107

Community Details

Overview

  • 4 Units
  • Building Dimensions are 74.93 x 138.07
  • Mission Viejo Section 1 Subdivision

Building Details

  • Operating Expense $8,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Northern & 14th. Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Professional Management Expense: 1596.0
  • Subdivision Name: MISSION VIEJO SECTION 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Fuel Expense: 466.09
  • Annual Water Sewer Expense: 2964.23

Schools

  • Elementary School: Madison Elementary School
  • High School: Central High School

Lot Info

  • Lot Size: 74.93 x 138.07
  • Additional Parcels: No
  • Parcel #: 160-22-107

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 340.49
  • Insurance Expense: 844.0
  • Maintenance Expense: 442.46
  • Annual Operating Expense: 8591.37

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 160.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Khan Asaad
Bought by
1331 E Vista Llc
Current Estimated Value
$746,956

Purchase Details

Listed on
Oct 17, 2017
Closed on
Nov 22, 2017
Sold by
Sakson Alexander and Sakson Katalin
Bought by
Khan Asaad
Seller's Agent
Gerald Rupp
West USA Realty
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$213,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1331 E Vista Llc -- None Available
Khan Asaad $285,000 Clear Title Agency Of Arizon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Asaad $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $285,000 0.0% $103 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $285,000 -- $103 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,820 $13,969 -- --
2024 $1,689 $13,304 -- --
2023 $1,689 $55,880 $11,170 $44,710
2022 $1,638 $37,820 $7,560 $30,260
2021 $1,652 $34,830 $6,960 $27,870
2020 $1,627 $27,650 $5,530 $22,120
2019 $1,591 $24,250 $4,850 $19,400
2018 $1,552 $20,960 $4,190 $16,770
2017 $1,479 $17,280 $3,450 $13,830
2016 $1,428 $14,680 $2,930 $11,750
2015 $1,326 $12,820 $2,560 $10,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5675082

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-107