NOT LISTED FOR SALE

Estimated Value: $514,000 - $699,000

2 Beds
1 Bath
2,410 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $245,000 $102 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,586/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Living Room
  • Private Yard
  • Evaporated cooling system
  • Laundry Room

About This Home

As of January 2015

These 3 Units Come With 2 Bedrooms And 1 Bath. 2 Units Are Ground Level 1 Unit Sits Above 3 Parking Spaces. Also Has Laundry Room On Site.
Great For An Investor Or Live In One And Receive Rent On Others.
Will Need A Little TLC. Does Has Some Differed Maintenance So Be Prepared To Clean Them Up.

Last Agent to Sell the Property

Robert Meadows

METRO ONE PREMIER REALTY License #01395359 Listed on: 11/14/2014

Last Buyer's Agent

Juan Leyva

JV REALTY CONSULTING GROUP License #01122260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1970

Lot Details

  • 6,157 Sq Ft Lot
  • 1 Common Wall
  • Cross Fenced
  • Wood Fence
  • Wire Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • 3 Attached Carport Spaces
  • Parking Available

Home Design

  • Contemporary Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas, HVAC maintenance, insurance, trash collection, water
  • Tax Lot 50
  • Tax Tract Number 56
  • Assessor Parcel Number 0140112330000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $30
  • Fuel Expense $20
  • Insurance Expense $20
  • Trash Expense $40
  • Water Sewer Expense $50
  • New Taxes Expense $2,756
  • Operating Expense $22,000
  • Gross Income $2,250
  • Net Operating Income $26,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,756

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Washer And Dryer
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 50.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0140112330000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 101.66
  • Room Type: Living Room
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Exterior Features: TV Antenna
  • Fencing: Wood, Wire, Cross Fenced
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 40.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 6157.00
  • Lot Size Acres: 0.1410

Rental Info

  • Tenant Pays: Electricity, Gas, HVAC Maintenance, Insurance, Trash Collection, Water

Multi Family

  • Electric Expense: 30.00
  • Fuel Expense: 20.00
  • Gross Income: 2250.00
  • Gross Scheduled Income: 2250.00
  • Insurance Expense: 20.00
  • Lot Size Area: 6157.0000 Square Feet
  • Net Operating Income: 26750.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1920.00
  • Rent Control: No
  • Total Expenses: 22000.00

Tax Info

  • New Taxes Expense: 2756.00
  • Tax Lot: 50
  • Tax Tract Number: 0056
  • Tax Annual Amount: 2756.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 15, 2014
Sold by
Duran Honorato C
Bought by
Duran Concepcion
Seller's Agent
Robert Meadows
METRO ONE PREMIER REALTY
Buyer's Agent
Juan Leyva
JV REALTY CONSULTING GROUP
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$598,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,587
Avg. Annual Appreciation
9.35%
Original Mortgage
$240,562
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 8, 2014
Sold by
Guillen Katherine V
Bought by
Duran Concepcion
Seller's Agent
Robert Meadows
METRO ONE PREMIER REALTY
Buyer's Agent
Juan Leyva
JV REALTY CONSULTING GROUP
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2002
Sold by
Humphrey Gloria R and Humphrey Eugene L
Bought by
Humphrey Eugene L
Source: Public Records

Range of Values:

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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
Duran Concepcion -- Orange Coast
Duran Concepcion $245,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duran Concepcion $240,562
Previous Owner Humphrey Eugene L $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $245,000 0.0% $102 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $245,000 -- $102 / 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 $3,691 $288,443 $48,073 $240,370
2024 $3,691 $282,787 $47,130 $235,657
2023 $3,599 $277,242 $46,206 $231,036
2022 $3,605 $271,806 $45,300 $226,506
2021 $3,611 $266,477 $44,412 $222,065
2020 $3,621 $263,745 $43,957 $219,788
2019 $3,513 $258,573 $43,095 $215,478
2018 $3,473 $253,503 $42,250 $211,253
2017 $3,367 $248,533 $41,422 $207,111
2016 $3,266 $243,660 $40,610 $203,050
2015 $2,835 $214,196 $44,879 $169,317
2014 $2,756 $210,000 $44,000 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14242975

California Regional Multiple Listing Service (CRMLS)

APN: 0140-112-33