NOT LISTED FOR SALE

1544 W Katella Ave Unit 109 Anaheim, CA 92802

Hermosa Village Neighborhood

Estimated Value: $636,000 - $916,000

3 Beds
3 Baths
1,717 Sq Ft
1,799 Sq Ft Lot

Last Sold February 03, 2020

Last sale price $700,000 $408 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,872/month

13 Days on Market

Highlights

  • Gated Community
  • Furnished
  • Walk-In Closet
  • Mediterranean Architecture
  • Granite Countertops
  • Recessed Lighting

About This Home

As of February 2020

THIS TOWNHOUSE IS A CURRENTLY OPERATING, FULLY LICENSED, SHORT-TERM RENTAL, APPROVED BY THE CITY OF ANAHEIM AND THE HOA CC&Rs. This townhouse has Brand New Carpet and is Freshly Painted. Distinctive Living Areas with Granite counter tops and low maintenance fiberglass tub/shower surrounds. Spacious master bedroom with walk-in closet. Designer selected chrome faucets and recessed lighting throughout. Two-car attached garage with direct home access. Gourmet Kitchen with designer selected granite slap counter-tops with 4" back-splash. Contemporary cabinetry with concealed hinges, adjustable shelves and brushed chrome pulls/knobs. Dual compartment stainless steel sink with Moden pull-out spray faucet. LG appliances including microwave. Easy access to attraction such as Disneyland, Anaheim Convention Center, Knott's Berry Farm, Angel Stadium and Honda Center. Cap Rate of 7%, if Buyer manages the property. Cap Rate of 5.1%, with Professional Property Management included.

Last Agent to Sell the Property

Keith Powers

Alta Realty Group CA, Inc License #01940642 Listed on: 12/05/2019

Alta Realty Group CA, Inc

Last Buyer's Agent

Alyssa Jones

Surterre Properties Inc. License #01778524

Surterre Properties Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 2015

Lot Details

  • 1,799

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,717 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • Drapes & Rods
  • Blinds

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17116
  • Assessor Parcel Number 93586048

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Cable TV Expense $2,160
  • Electric Expense $1,600
  • Fuel Expense $480
  • Insurance Expense $1,120
  • Maintenance Expense $3,108
  • Other Expense $11,903
  • Professional Management Expense $18,225
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $8,400
  • Operating Expense $48,332
  • Gross Income $83,835
  • Net Operating Income $35,503

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,635

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.10
  • Inclusions: All Furniture, Fixtures, and Appliances are Included in the Sale
  • Professional Management Expense: 18225.00
  • Property Attached: Yes
  • Security: Gated Community
  • Water Sewer Expenses: 400.00
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 93586048
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Furnished, Granite Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 407.69
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Walk-In Closet
  • Window Features: Blinds, Drapes

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 1799.00
  • Lot Size Acres: 0.0413

Multi Family

  • Cable TV Expense: 2160.00
  • Electric Expense: 1600.00
  • Fuel Expense: 480.00
  • Gross Income: 83835.00
  • Gross Operating Income: 83835.00
  • Gross Scheduled Income: 114626.00
  • Insurance Expense: 1120.00
  • Lot Size Area: 1799.0000 Square Feet
  • Maintenance Expense: 3108.00
  • Net Operating Income: 35503.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 48332.00
  • Operating Expense Percent: 57.70
  • Other Expense: 11903.00
  • Other Expense Description: TOT & CC
  • Rent Control: No
  • Total Expenses: 48332.00
  • Vacancy Allowance Rate: 27.00

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Census Tract: 876.02
  • Tax Lot: 1
  • Tax Tract Number: 17116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Dec 30, 2019
Sold by
Li Jinfu and Liu Min
Bought by
Stanley Michael A and Stanley Carole F
Seller's Agent
Keith Powers
Alta Realty Group CA, Inc
Buyer's Agent
Alyssa Jones
Surterre Properties Inc.
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$793,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,222
Avg. Annual Appreciation
2.37%
Original Mortgage
$420,000
Outstanding Balance
$371,801
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$429,186
Source: Public Records

Range of Values:

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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
Stanley Michael A $700,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Michael A $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $700,000 0.0% $408 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/14/2019 12/14/19 Off Market $700,000 -- --
12/05/2019 12/05/19 For Sale $700,000 -- $408 / 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 $8,635 $765,550 $478,529 $287,021
2024 $8,635 $750,540 $469,146 $281,394
2023 $8,457 $735,824 $459,947 $275,877
2022 $8,355 $721,397 $450,929 $270,468
2021 $8,374 $707,252 $442,087 $265,165
2020 $6,405 $530,390 $276,245 $254,145
2019 $6,212 $519,991 $270,829 $249,162
2018 $6,083 $509,796 $265,519 $244,277
2017 $5,842 $499,800 $260,312 $239,488
2016 $5,826 $490,000 $255,207 $234,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19267724

California Regional Multiple Listing Service (CRMLS)

APN: 935-860-48