NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,486,000

5 Beds
3 Baths
2,650 Sq Ft
$471/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $910,000 $343 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,948/month

40 Days on Market

Highlights

  • 0.35 Acre Lot
  • Wood Flooring
  • No HOA
  • California High School Rated A-
  • Main Floor Primary Bedroom
  • Laundry Room

About This Home

As of July 2020

Virtual tour: https://my.matterport.com/show/?m=sAajjjJYuFR&mls=1. 13947-13953 Meyer Road- Each address has its own driveway. Fantastic compound! 2 remodeled homes on a 15,000 sqft lot. Possible potential lot split! Larger house features 3 bedrooms and 1.75 bathes. It would be easy to add a 4th bedroom. Smaller home features 2 bedrooms and 1 bath. House #1 has laundry in the garage. House #2 has laundry and original hardwood floors in unit. Each house has: new roofs, new windows, new electrical boxes, new kitchens, new bathrooms, new flooring, and new paint. The garages for each home are generously sized 2 car garages at approximately 500 sqft each. Each home and its garage sit on a 1/2 of the lot. Each home has a large yard with plenty of room to play or entertain guests. Each home also have a separate electric, gas, and water meter. bring your offers, fha, va, low down, etc.

Last Agent to Sell the Property

Joey Leisz

Inhabit Collective License #02015519 Listed on: 05/15/2020

Inhabit Collective

Last Buyer's Agent

josiah silva

Realty Source, Inc License #01782022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,841

Year Built

  • Built in 1949

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,650 Sq Ft Home
  • Family Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 10481
  • Assessor Parcel Number 8031010006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $6,500
  • Operating Expense $7,500
  • Gross Income $61,200
  • Net Operating Income $53,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,841

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LCA1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8031010006
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 343.40
  • Room Type: Family Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15245.00
  • Lot Size Acres: 0.3500

Multi Family

  • Gross Income: 61200.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 15245.0000 Square Feet
  • Net Operating Income: 53700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7500.00
  • Rent Control: No
  • Total Expenses: 7500.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 13
  • Tax Tract Number: 10481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 25, 2020
Sold by
Leisz Lawrence J and Leisz Jennifer
Bought by
Freedom Intl Crstn Training Ctr Inc
Seller's Agent
Joey Leisz
Inhabit Collective
Buyer's Agent
josiah silva
Realty Source, Inc
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$1,247,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,914
Avg. Annual Appreciation
6.18%
Original Mortgage
$682,500
Outstanding Balance
$606,319
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$641,595

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 5, 2019
Sold by
Nogle Gerald Wayne and Smile Darlene Roth
Bought by
Leisz Lawrence J and Leisz Jennifer
Seller's Agent
Darla Gorton
Bullock Russell RE Services
Buyer's Agent
Joey Leisz
CENTURY 21 Affiliated
List Price
$699,000
Sold Price
$639,000
Premium/Discount to List
-$60,000
-8.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.26%
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Freedom Intl Crstn Training Ctr Inc $910,000 Fidelity National Title
Leisz Lawrence J $639,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedom Intl Crstn Training Ctr Inc $682,500
Previous Owner Leisz Lawrence J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2020 07/23/20 Sold $910,000 0.0% $343 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/09/2020 06/09/20 Off Market $910,000 -- --
06/09/2020 06/09/20 For Sale $899,000 -1.2% $339 / Sq Ft
06/04/2020 06/04/20 Off Market $910,000 -- --
05/21/2020 05/21/20 Price Changed $899,000 -3.2% $339 / Sq Ft
05/15/2020 05/15/20 For Sale $929,000 +45.4% $351 / Sq Ft
12/16/2019 12/16/19 Sold $639,000 -8.6% $288 / Sq Ft View Prior Sale
11/03/2019 11/03/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $699,000 -- $315 / 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
2025 $4,841 $985,010 $689,507 $295,503
2024 $4,841 $965,697 $675,988 $289,709
2023 $11,588 $946,763 $662,734 $284,029
2022 $11,664 $928,200 $649,740 $278,460
2021 $11,427 $910,000 $637,000 $273,000
2020 $8,289 $639,000 $239,000 $400,000
2019 $2,025 $102,150 $49,646 $52,504
2018 $1,775 $100,148 $48,673 $51,475
2016 $1,669 $96,261 $46,784 $49,477
2015 $1,634 $94,816 $46,082 $48,734
2014 $1,634 $92,960 $45,180 $47,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20092913

California Regional Multiple Listing Service (CRMLS)

APN: 8031-010-006