NOT LISTED FOR SALE

1502 E Adams Ave Orange, CA 92867

Estimated Value: $1,297,000 - $1,527,000

4 Beds
4 Baths
2,700 Sq Ft
$517/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $1,200,000 $444 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,027/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • 3 Car Attached Garage
  • Laundry Room
  • No HOA
  • Patio
  • Tile Flooring

About This Home

As of February 2022

This property is described in the Orange County records as a duplex however these two units look and feel more like two on a lot. They are attached only at the garage door wall and their roof. There are no common walls joining the living space of these two units. 1119 N. Lincoln is a 1200 square foot home with 2 bedrooms, 2 bathrooms and an adjoining one car garage. 1502 E Adams is a 1500 square foot home with 2 bedrooms, 2 bathrooms and an attached 2 car garage with direct access from the inside. Each unit has its own washer/dryer hookup inside their respective garages. Each home has a patio size rear yard enclosed by a 6 foot high wall for privacy. Lincoln faces West and Adams faces North. The neighborhood surrounding this property is an upscale neighborhood of single family homes. These two home are on a single lot and have driveway easement access on their eastside of their respective garages. Both homes are tenant occupied with long term tenants. Because they are tenant occupied, they will be shown by the Listing Agent to the prospective buyers and their Agents BY APPOINTMENT ONLY. 24 hour Notice is required to schedule a viewing and preview the inside. Strict COVID-19 precautions will be applied: wear a face mask and viewing will be limited to 2 prospects and their Agents at a time. Please DO NOT otherwise DISTURB the tenants.

Last Listed By

John Fitzpatrick

Fitzpatrick Real Estate Co. License #00955840 Listed on: 01/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,647

Year Built

  • Built in 1966

Lot Details

  • 8,544 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Attached Garage
  • Parking Available

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Patio
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 4206
  • Assessor Parcel Number 37541509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,647

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: unknown
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 37541509
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 444.44
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Suite

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Orange Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8544.00
  • Lot Size Acres: 0.1961

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8544.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 4206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Navala Investment Llc
Bought by
City Of Orange
Total Days on Market
2
Current Estimated Value
$1,394,577

Purchase Details

Listed on
Jan 5, 2022
Closed on
Mar 18, 2022
Sold by
Armando Navarrete-Gomez Diego and Armando Joedi
Bought by
Navala Investment Llc
Seller's Agent
John Fitzpatrick
Fitzpatrick Real Estate Co.
Buyer's Agent
Anna Aguirre
Taurus Realty Group
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$900,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 11, 2022
Sold by
Dzida Steven J and Dzida Maria C
Bought by
Navarrete-Gomez Diego Armando and Larrondo Joeli
Seller's Agent
John Fitzpatrick
Fitzpatrick Real Estate Co.
Buyer's Agent
Anna Aguirre
Taurus Realty Group
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jul 17, 2013
Sold by
Norred Matthew W
Bought by
Dzida Steven J and Dzida Maria C
Seller's Agent
Richard Heaton
Suncoast Riviera Realty
Buyer's Agent
Michele Brewbaker
Fitzpatrick Real Estate Co.
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$493,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Norred Matthew W and Norred Marion H
Bought by
Norred Matthew W and Norred Marion H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Markum James G and Markum Judith L
Bought by
Norred Matthew W and Norred Marion H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1997
Sold by
Millard Theodore E and Millard Sondra K
Bought by
Millard Sondra K

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
City Of Orange -- --
Navala Investment Llc -- Accommodation/Courtesy Recordi
Navarrete-Gomez Diego Armando $1,200,000 Chicago Title
Dzida Steven J $720,000 First American Title Company
Norred Matthew W -- None Available
Norred Matthew W $760,000 United Independent Title
Millard Sondra K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarrete-Gomez Diego Armando $900,000
Previous Owner Navarrete-Gomez Diego Armando $900,000
Previous Owner Dzida Steven J $401,000
Previous Owner Dzida Steven J $485,000
Previous Owner Dzida Steven J $493,500
Previous Owner Norred Matthew W $40,000
Previous Owner Norred Matthew W $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $1,200,000 +0.4% $444 / Sq Ft
01/05/2022 01/05/22 For Sale $1,195,000 +66.0% $443 / Sq Ft
08/08/2013 08/08/13 Sold $720,000 -10.0% $267 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $800,000 -- $296 / 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
2024 $14,647 $1,309,570 $1,068,925 $240,645
2023 $13,188 $1,200,000 $1,047,966 $152,034
2022 $9,293 $831,710 $684,297 $147,413
2021 $9,034 $815,402 $670,879 $144,523
2020 $8,951 $807,042 $664,000 $143,042
2019 $8,838 $791,218 $650,980 $140,238
2018 $8,704 $775,704 $638,215 $137,489
2017 $8,343 $760,495 $625,701 $134,794
2016 $8,182 $745,584 $613,433 $132,151
2015 $8,063 $734,385 $604,219 $130,166
2014 $7,892 $720,000 $592,383 $127,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22000162

California Regional Multiple Listing Service (CRMLS)

APN: 375-415-09