NOT LISTED FOR SALE
6 Beds
5 Baths
3,005 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: July 31, 2019

Last sale price $1,200,500 $400 Per Sq Ft

96 Days on Market

Highlights

  • No HOA
  • Demille Elementary Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2019

Great Investor Opportunity! Beautiful Triplex in the Heart of Midway City. Front house is a 2 Bedroom 1 Bathroom. Back 2 units Have 2 Bedrooms and 2 Bathrooms and Built in 2009. 6 Cars Garage Parking. Community Laundry Room. Washer & Dryer is Owned Not Leased All Inits Have Central A/C, Front House has Inside Laundry.

Last Agent to Sell the Property

Tim Castroreale

Coldwell Banker Realty License #01195494 Listed on: 04/02/2019

Coldwell Banker Realty

Last Buyer's Agent

H. Frank Choe

Pacific Design Properties License #00676992

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 2
  • Tax Tract Number 635
  • Assessor Parcel Number 09714402

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $180
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $792
  • Water Sewer Expense $1,620
  • New Taxes Expense $14,300
  • Operating Expense $19,892
  • Gross Income $69,900
  • Net Operating Income $50,008

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

7,841 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 4.00
  • Property Attached: Yes
  • Subdivision Name Other: Midway City
  • Water Sewer Expenses: 1620.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 09714402
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 399.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Trash Expense: 792.00
  • Water Source: Private, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 180.00
  • Gross Income: 69900.00
  • Gross Scheduled Income: 69900.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 50008.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 19892.00
  • Rent Control: No
  • Total Expenses: 19892.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Census Tract: 997.01
  • Tax Lot: 2
  • Tax Tract Number: 635

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
Nov 28, 2022
Sold by
Choe Hui-Tong Frank and Choe Tulang
Bought by

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 26, 2019
Sold by
Tj Midway Inc
Bought by
Choe Hui Tong Frank and Choe Tulang
Seller's Agent
Tim Castroreale
Coldwell Banker Realty
Buyer's Agent
H. Frank Choe
Pacific Design Properties
List Price
$1,300,000
Sold Price
$1,200,500
Premium/Discount to List
-$99,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2018
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Purchase Details

Closed on
Jun 5, 2013
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Purchase Details

Closed on
Sep 21, 2012
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,737
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2006
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Goen Alice C
Bought by
Goen Darrell Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Goen Darrell Wayne
Bought by
Goen Darrell W and Wells Fargo Bank N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Post Thomas R and Post Joyce M
Bought by
Post Thomas R and Post Joyce M

Purchase Details

Closed on
Feb 7, 1996
Sold by
Feiler Betty Jean and Goen Darrell Wayne
Bought by
Goen Darrell Wayne

Purchase Details

Closed on
Jul 11, 1995
Sold by
Feiler Betty Jean
Bought by
Murray Viola B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Midway City, CA

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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
-- None Listed On Document
Choe Hui Tong Frank $1,200,500 Ticor Ttl Orange Cnty Branch
Post Thomas R -- None Available
Tj Midway Inc -- None Available
Post Thomas R -- First American Title Company
Post Thomas R -- None Available
Post Thomas R -- Servicelink
Post Thomas R -- Servicelink
Post Thomas R -- Ticor Title Company Of Ca
Post Thomas R -- Ticor Title Company Of Ca
Post Thomas R -- None Available
Goen Darrell Wayne -- Stewart Title
Post Thomas R $484,500 Stewart Title Irvine
Goen Darrell W -- Accommodation
Post Thomas R -- Accommodation
Goen Darrell Wayne $38,353 Continental Lawyers Title Co
Murray Viola B -- --
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
Previous Owner $712,000
Previous Owner Choe Hui Tong Frank $450,000
Previous Owner Post Thomas R $296,500
Previous Owner Post Thomas R $320,000
Previous Owner Post Thomas R $362,737
Previous Owner Post Thomas R $363,375
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
07/31/2019 07/31/19 Sold $1,200,500 -3.6% $400 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $1,245,000 -0.4% $414 / Sq Ft
05/23/2019 05/23/19 Price Changed $1,250,000 -2.0% $416 / Sq Ft
04/26/2019 04/26/19 Price Changed $1,275,000 -1.9% $424 / Sq Ft
04/02/2019 04/02/19 For Sale $1,300,000 -- $433 / 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 $16,099 $1,339,177 $950,445 $388,732
2025 $15,882 $1,312,919 $931,809 $381,110
2024 $15,882 $1,287,176 $913,538 $373,638
2023 $15,347 $1,261,938 $895,626 $366,312
2022 $15,113 $1,237,195 $878,065 $359,130
2021 $14,733 $1,212,937 $860,848 $352,089
2020 $14,563 $1,200,500 $852,021 $348,479
2019 $11,287 $895,000 $527,972 $367,028
2018 $10,767 $831,300 $464,272 $367,028
2017 $10,378 $815,000 $455,168 $359,832
2016 $9,322 $730,571 $370,739 $359,832
2015 $9,172 $719,598 $365,171 $354,427
2014 $8,979 $705,503 $358,018 $347,485
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19081781

California Regional Multiple Listing Service (CRMLS)

APN: 097-144-02

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