NOT LISTED FOR SALE

Estimated Value: $650,000 - $955,000

5 Beds
3 Baths
2,000 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $685,000 $342 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,845/month

10 Days on Market

About This Home

As of June 2018

Congratulations you found it! This property boasts two single family residences on one lot. Located right in the heart of Orange County this property is walking distance from schools, shopping, and dinning. The front house features two bedroom, one bathroom, large side yard, and gated front yard. The larger back house features three bedroom, two bathrooms, two car attached garage, back yard with avocado and orange trees, a large driveway, and gated entry. This is a great rental opportunity or you can live in one and rent the other. Do not hesitate because this Santa Ana GEM will not last!

Last Agent to Sell the Property

Steven Valdez

Aspero Realty, Inc License #01963528 Listed on: 04/06/2018

Last Buyer's Agent

Steven Valdez

Aspero Realty, Inc License #01963528 Listed on: 04/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,100 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 748
  • Assessor Parcel Number 40517512

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $360
  • Insurance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $1,200
  • Operating Expense $4,260
  • Gross Income $52,800
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,100 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Beginnings (BEGN)
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 40517512
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 342.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6100.00

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 360.00
  • Gross Income: 52800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 500.00
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 4260.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Census Tract: 748.01
  • Tax Lot: 12
  • Tax Tract Number: 748.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Apr 30, 2018
Sold by
Rivera Anita L
Bought by
Trinh Joseph T and Nguyen Jenny T
Seller's Agent
Steven Valdez
Aspero Realty, Inc
Buyer's Agent
Steven Valdez
Aspero Realty, Inc
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Current Estimated Value
$777,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,816
Avg. Annual Appreciation
1.64%
Original Mortgage
$513,750
Outstanding Balance
$443,371
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$334,445

Purchase Details

Closed on
Mar 13, 2013
Sold by
Eden Lydia and Van Ry Yolanda
Bought by
Valdez Josefina

Purchase Details

Closed on
Jan 22, 2009
Sold by
Elizabeth Martinez
Bought by
Josephina Ualdez

Purchase Details

Closed on
Sep 11, 2005
Sold by
Valdez Josefina
Bought by
Eden Lydia and Martinez Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trinh Joseph T $685,000 None Available
Valdez Josefina -- None Available
Josephina Ualdez -- None Available
Eden Lydia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Joseph T $513,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $685,000 +5.4% $343 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $650,000 -- $325 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,042 $779,411 $697,704 $81,707
2024 $9,042 $764,129 $684,024 $80,105
2023 $8,820 $749,147 $670,612 $78,535
2022 $8,731 $734,458 $657,462 $76,996
2021 $8,526 $720,057 $644,570 $75,487
2020 $8,545 $712,674 $637,961 $74,713
2019 $8,375 $698,700 $625,451 $73,249
2018 $947 $48,700 $14,011 $34,689
2017 $935 $47,746 $13,737 $34,009
2016 $919 $46,810 $13,467 $33,343
2015 $905 $46,107 $13,264 $32,843
2014 $886 $45,204 $13,004 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18079446

California Regional Multiple Listing Service (CRMLS)

APN: 405-175-12

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