NOT LISTED FOR SALE

14541 Carfax Dr Tustin, CA 92780

9 Beds
625 Baths
4,699 Sq Ft
0.27 Acres Lot

Sale Details

Date Sold: December 31, 2019

Last sale price $1,346,000 $286 Per Sq Ft

25 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Tile Countertops
  • Cul-De-Sac
  • Fireplace in Patio
  • Laundry Room

About This Home

As of December 2019

Centrally Located in Orange County in the City of Tustin. Access to 5-Santa Ana and 55-Costa Mesa Freeways. Close Proximity to employment and entertainment/shopping.

Last Agent to Sell the Property

Steven Adams

Steven Adams Real Estate License #01495459 Listed on: 10/07/2019

Last Buyer's Agent

Stephen Watson

Keller Williams Los Angeles License #01187813

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 11,761 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,699 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Gas and Electric Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 625 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fireplace in Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 17
  • Tax Tract Number 5028
  • Assessor Parcel Number 43213206

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,171
  • Gardener Expense $3,473
  • Insurance Expense $1,201
  • Maintenance Expense $1,030
  • Other Expense $1,273
  • Professional Management Expense $2,736
  • Supplies Expense $475
  • Trash Expense $820
  • Water Sewer Expense $2,342
  • New Taxes Expense $14,767
  • Operating Expense $28,815
  • Gross Income $89,064
  • Net Operating Income $59,649

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.27 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2736.00
  • Property Attached: No
  • Supplies Expense: 475.00
  • Water Sewer Expenses: 2342.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 3473.00
  • Parcel Number: 43213206
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 286.44
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Water Heater, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 820.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1094 Square Feet
  • Average3 Bed Area: 1420 Square Feet
  • Electric Expense: 1171.00
  • Gross Income: 89064.00
  • Gross Operating Income: 88464.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 1201.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 11761.0000 Square Feet
  • Maintenance Expense: 1030.00
  • Net Operating Income: 59649.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 28815.00
  • Operating Expense Percent: 32.50
  • Other Expense: 1273.00
  • Other Expense Description: SA
  • Rent Control: No
  • Total Actual Rent: 7550.00
  • Total Expenses: 28815.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 14767.00
  • Tax Area: 13-082
  • Tax Census Tract: 755.15
  • Tax Lot: 17
  • Tax Rate: 1.07
  • Tax Tract Number: 5028
  • Tax Year: 2018
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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
12/31/2019 12/31/19 Sold $1,346,000 -3.8% $286 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $1,399,000 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,818 $1,472,049 $1,143,956 $328,093
2024 $16,818 $1,443,186 $1,121,526 $321,660
2023 $16,403 $1,414,889 $1,099,536 $315,353
2022 $16,150 $1,387,147 $1,077,977 $309,170
2021 $15,830 $1,359,949 $1,056,841 $303,108
2020 $15,748 $1,346,005 $1,046,005 $300,000
2019 $6,305 $470,380 $233,410 $236,970
2018 $6,209 $461,157 $228,833 $232,324
2017 $6,108 $452,115 $224,346 $227,769
2016 $6,007 $443,250 $219,947 $223,303
2015 $6,255 $436,592 $216,643 $219,949
2014 $6,110 $428,040 $212,399 $215,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19237416

California Regional Multiple Listing Service (CRMLS)

APN: 432-132-06

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