NOT LISTED FOR SALE

154 Adams Ave Huntington Beach, CA 92648

Estimated Value: $1,567,118 - $1,896,000

5 Beds
3 Baths
2,000 Sq Ft
$855/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $1,100,000 $550 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,208/month

240 Days on Market

Highlights

  • Laundry Room
  • Bungalow
  • Forced Air Heating System
  • Agnes L. Smith Elementary Rated A-
  • Tile Flooring
  • 4-minute walk to Lake Park & Clubhouse

About This Home

As of April 2016

2 HOUSES ON 1 LOT!!!!! Darling Front Home is 3 Bedroom, 1 Bath with front and Back Yards, Hardwood Flooring, and upgraded kitchen and Bath. REAR UPSTAIRS UNIT built in 2007 is a 2 Bedroom 2 Bath Gorgeous unit with beautiful cabinets, granite counter tops, and upgraded bathrooms. 3 Car Enclosed Garage, with an extra parking space. Unbelievable location within walking distance to Lake Park and Downtown.

Last Agent to Sell the Property

BONNIE AHRENS

Seven Gables Real Estate License #00923377 Listed on: 07/17/2015

Seven Gables Real Estate

Last Buyer's Agent

BONNIE AHRENS

Seven Gables Real Estate License #00923377 Listed on: 07/17/2015

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,616

Year Built

  • Built in 1987

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Partially Fenced Property
  • Back Yard

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • 2,000 Sq Ft Home
  • Bungalow
  • Composition Roof

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9
  • Assessor Parcel Number 02308312

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Gross Income $4,100
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,616

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown Area (DOWN)
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 02308312
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 550.00

Exterior Features

  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Forced Air, Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 180.39
  • Lot Size Acres: 0.1400

Multi Family

  • Average2 Bed Area: 1100
  • Average3 Bed Area: 1100
  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 49200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Sold by
Macdonald Marc Dru
Bought by
Macdonald Marc Dru and Macdonald Carol Joy
Current Estimated Value
$1,709,030

Purchase Details

Listed on
Jul 17, 2015
Closed on
Mar 15, 2016
Sold by
Cade Eric
Bought by
Macdonald Marc Dru
Seller's Agent
BONNIE AHRENS
Seven Gables Real Estate
Buyer's Agent
BONNIE AHRENS
Seven Gables Real Estate
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Listed on
Jul 17, 2015
Closed on
Mar 3, 2016
Sold by
Macdonald Carol Joy
Bought by
Macdonald Marc Dru
Seller's Agent
BONNIE AHRENS
Seven Gables Real Estate
Buyer's Agent
BONNIE AHRENS
Seven Gables Real Estate
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Purchase Details

Closed on
Jun 6, 2015
Sold by
Cade Eric
Bought by
Cade Eric

Purchase Details

Closed on
May 9, 2005
Sold by
Cade Merle
Bought by
Cade Merle

Purchase Details

Closed on
Mar 29, 2001
Sold by
Cade Eric and Cade Merle
Bought by
Cade Merle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,750
Interest Rate
7.06%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 12, 2001
Sold by
Cade Merle
Bought by
Cade Eric and Cade Merle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,750
Interest Rate
7.06%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 3, 2000
Sold by
Merle Cade
Bought by
Cade Merle

Purchase Details

Closed on
Dec 14, 1998
Sold by
Brown Scot A and Brown Cheryl A
Bought by
Cade Eric and Cade Merle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 1995
Sold by
Brown Scot and Brown Cheryl A
Bought by
Brown Scot and Brown Cheryl A
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
Macdonald Marc Dru -- None Available
Macdonald Marc Dru $1,100,000 Ticor Title Company
Macdonald Marc Dru -- Ticor Title Company
Cade Eric -- None Available
Cade Merle -- --
Cade Merle -- American Title Co
Cade Eric -- American Title Co
Cade Merle -- --
Cade Eric $260,000 Orange Coast Title
Brown Scot -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cade Eric $343,750
Previous Owner Cade Eric $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $1,100,000 -12.0% $550 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $1,250,000 -- $625 / 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 $14,616 $1,302,174 $1,132,773 $169,401
2024 $14,616 $1,276,642 $1,110,562 $166,080
2023 $14,291 $1,251,610 $1,088,786 $162,824
2022 $13,918 $1,227,069 $1,067,437 $159,632
2021 $13,660 $1,203,009 $1,046,507 $156,502
2020 $13,572 $1,190,674 $1,035,776 $154,898
2019 $13,409 $1,167,328 $1,015,467 $151,861
2018 $13,203 $1,144,440 $995,556 $148,884
2017 $13,028 $1,122,000 $976,035 $145,965
2016 $5,247 $457,403 $304,705 $152,698
2015 $5,195 $561,291 $432,485 $128,806
2014 $6,273 $550,297 $424,014 $126,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15156952

California Regional Multiple Listing Service (CRMLS)

APN: 023-083-12