NOT LISTED FOR SALE
8 Beds
4 Baths
3,500 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: April 6, 2017

Last sale price $1,400,000 $400 Per Sq Ft

173 Days on Market

Highlights

  • Forced Air Heating System
  • Van Buren Elementary School Rated A
  • 6 Car Garage

About This Home

As of April 2017

Rare newer construction tri-plex in North Orange County. Always occupied and in great condition. Upper 2 bedroom units are very large with granite counter tops and upgraded bathrooms and cabinetry. Downstairs is a 4 bedroom/ 2 bathroom. 3 2-car garages attached to unit and additional on site parking.

Next door 10 town homes are under construction and will complete the cul de sac street and will sell in the high $500,000's. You can buy a 40 year old building, struggle to keep it occupied and spend a ton of money on upkeep or buy this turn-key, fully leased building. Seller built this in 2006 for $1,500,000 and it would cost more to build it now. "Sister" building across the street is also for sale for the same price and both properties must close concurrently

Last Agent to Sell the Property

Lauren Brady

Partners Real Estate Group License #01957751 Listed on: 09/19/2016

Last Buyer's Agent

Stephanie St Pierre

Seven Gables Real Estate License #00688286

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • 3,500 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,900
  • Insurance Expense $1,000
  • Professional Management Expense $3,600
  • Operating Expense $6,500
  • Gross Income $6,350
  • Net Operating Income $3,820

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 666
  • Assessor Parcel Number 34136604

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

7,405 Sq Ft Lot

Parking

6

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 1900.00
  • Parcel Number: 34136604
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 400.00

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Average2 Bed Area: 980 Square Feet
  • Gross Income: 6350.00
  • Gross Scheduled Income: 81600.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 3820.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 64800.00
  • Rent Control: No
  • Total Expenses: 6500.00

Tax Info

  • Tax Census Tract: 218.21
  • Tax Lot: 14
  • Tax Tract Number: 666

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
Oct 19, 2017
Sold by
Bought by

Purchase Details

Listed on
Sep 19, 2016
Closed on
Mar 13, 2017
Sold by
Bought by
Seller's Agent
Lauren Brady
Partners Real Estate Group
Buyer's Agent
Stephanie St Pierre
Seven Gables Real Estate
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%

Purchase Details

Closed on
Jul 23, 2009
Sold by
Bought by

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
0.0531%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
0.0595%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
0.0595%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
0.0574%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
0.0585%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
0.0709%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
0.0709%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
0.0709%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Available
$1,400,000 First American Title
-- Accommodation
-- Chicago Title Co
$480,000 Chicago Title Co
-- --
-- American Title Co
-- North American Title Co
-- North American Title Co
$105,000 North American Title Co
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 $450,000
Previous Owner $384,000
Previous Owner $20,000
Previous Owner $107,000
Previous Owner $99,750
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
04/06/2017 04/06/17 Sold $1,400,000 -6.4% $400 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $1,495,000 0.0% $427 / Sq Ft
08/15/2014 08/15/14 Rented $1,750 0.0% --
08/15/2014 08/15/14 For Rent $1,750 -- --
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
2025 $18,169 $1,624,818 $1,143,965 $480,853
2024 $18,169 $1,592,959 $1,121,534 $471,425
2023 $17,842 $1,561,725 $1,099,543 $462,182
2022 $17,665 $1,531,103 $1,077,983 $453,120
2021 $17,322 $1,501,082 $1,056,846 $444,236
2020 $17,370 $1,485,691 $1,046,010 $439,681
2019 $16,721 $1,456,560 $1,025,500 $431,060
2018 $16,515 $1,428,000 $1,005,392 $422,608
2017 $10,086 $834,162 $322,545 $511,617
2016 $9,886 $817,806 $316,220 $501,586
2015 $9,762 $805,522 $311,470 $494,052
2014 $9,482 $789,743 $305,368 $484,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16705806

California Regional Multiple Listing Service (CRMLS)
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