NOT LISTED FOR SALE

148 N Pixley St Orange, CA 92868

Estimated Value: $880,000 - $1,035,000

3 Beds
2 Baths
1,380 Sq Ft
$711/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $539,000 $391 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,712/month

379 Days on Market

Highlights

  • Craftsman Architecture
  • 3-minute walk to Orange
  • Ceramic Countertops
  • Wood Flooring
  • Wood Frame Window
  • Wood Siding

About This Home

As of May 2013

HISTORIC 1920 CRAFTSMAN BUNGALOW FEATURES WOOD FLOORS, LIVING ROOM WITH BRICK FIREPLACE OPEN TO A DINING ROOM WITH ORIGINAL BUILT-IN CHINA HUTCH. CUSTOM TILE ACCENTS THE HISTORIC KITCHEN FEATURING BUILT IN TABLE AND SEATS. SEPARATE LAUNDRY ROOM. 2 BEDROOMS HAVE CEILING FANS AND WALK-IN CLOSETS. NEW COPPER PLUMBING. FENCED BACK YARD AND A DETACHED HISTORIC CARRIAGE HOUSE. AS A BONUS, 150 N. PIXLEY BUILT IN 1949 IS A SEPARATE 1 BEDROOM 1 BATH HOME THAT RENTS FOR $1095/MO. WITH ITS OWN PRIVATE YARD, SEPARATE GAS AND ELECTRIC METERS. BEDROOM/BATH LAUNDRY AREA AND KITCHEN WITH EATING AREA. ALL OF THIS IS JUST 1 BLOCK FROM THE TRAIN DEPOT, 6 BLOCKS FROM THE PLAZA AND 2 BLOCKS FROM CHAPMAN UNIVERSITY!

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 04/01/2012

Last Buyer's Agent

Albert Ricci

Ricci Realty License #01011606 Listed on: 04/01/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot

Parking

  • 1 Car Garage
  • Single Garage Door
  • Driveway

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Fireplace Features Masonry
  • Wood Frame Window

Kitchen

  • Gas Oven or Range
  • Range
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 0.1 / B
  • Tax Tract Number 734
  • Assessor Parcel Number 38646215

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,150
  • Pest Control $600
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $5,984
  • Gross Income $3,390
  • Net Operating Income $24,408

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 4.44
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 38646215
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: One
  • Price Per Square Foot: 390.58
  • Window Features: Wood Frames

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Pest Control Expense: 600.00
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 430
  • Average2 Bed Area: 950
  • Gross Income: 3390.00
  • Gross Multiplier: 13.52
  • Gross Scheduled Income: 40680.00
  • Insurance Expense: 1150.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 24408.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14238.00
  • Operating Expense Percent: 35.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5984.00
  • Tax Area: 08001
  • Tax Block: B
  • Tax Lot: 0.1
  • Tax Rate: 1.09
  • Tax Tract Number: 734
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2016
Sold by
Seling Steven M
Bought by
Seling Steven M and Seling Ashley A
Current Estimated Value
$981,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$377,463
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$603,538

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 13, 2013
Sold by
Seling Ashley
Bought by
Seling Steven M
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Albert Ricci
Ricci Realty
List Price
$549,900
Sold Price
$539,000
Premium/Discount to List
-$10,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$539,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Apr 1, 2012
Closed on
Apr 17, 2013
Sold by
King William J and King Beverly J
Bought by
Seling Steven M
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Albert Ricci
Ricci Realty
List Price
$549,900
Sold Price
$539,000
Premium/Discount to List
-$10,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Feb 8, 2006
Sold by
King William J and King Beverly J
Bought by
King William J and King Beverly J

Purchase Details

Closed on
Oct 11, 2005
Sold by
Walker Robert Leroy and Walker Frances Tarvin
Bought by
King William J and King Beverly Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2003
Sold by
Walker Robert Leroy and Walker Frances Tarvin
Bought by
Walker Robert Leroy and Walker Frances Tarvin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Seling Steven M -- Chicago Title Company
Seling Steven M -- Chicago Title Company
Seling Steven M $539,000 Chicago Title Company
King William J -- None Available
King William J $565,000 Ticor Title Company Of Ca
Walker Robert Leroy -- --
Walker Robert Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seling Steven M $474,000
Closed Seling Steven M $539,000
Previous Owner King William J $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold $539,000 -2.0% $391 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/01/2012 04/01/12 For Sale $549,900 -- $398 / 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 $7,421 $663,736 $622,296 $41,440
2024 $7,421 $650,722 $610,094 $40,628
2023 $7,255 $637,963 $598,131 $39,832
2022 $7,114 $625,454 $586,403 $39,051
2021 $6,917 $613,191 $574,905 $38,286
2020 $6,854 $606,904 $569,010 $37,894
2019 $6,769 $595,004 $557,853 $37,151
2018 $6,667 $583,338 $546,915 $36,423
2017 $6,393 $571,900 $536,191 $35,709
2016 $6,271 $560,687 $525,678 $35,009
2015 $6,180 $552,265 $517,781 $34,484
2014 $6,049 $541,447 $507,638 $33,809
Source: Public Records

Agents Affiliated with this Home

  • Albert Ricci

    Seller's Agent in 2013

    Albert Ricci

    Ricci Realty

    (714) 231-6058

    104 in this area

    153 Total Sales

    Albert Ricci
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P817546

California Regional Multiple Listing Service (CRMLS)

APN: 386-462-15

California Orange County Orange 92868

148 N Pixley St, Orange, CA

Not Listed for Sale

MultiFamily

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