Ruben Gutierrez
Responds Quickly
Ruben Gutierrez, Broker
(657) 224-7194
28 Total Sales
2 in Orange
$880K - $1.2M Price Range
162 S Esplanade St Orange, CA 92869
Orange AreaEstimated Value: $1,031,915
2
Beds
1
Bath
1,812
Sq Ft
$569/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Family Room
- El Modena High School Rated A-
- Bungalow
- Chain Link Fence
About This Home
As of June 2022You found your exchange property. Incredible opportunity. With some minor upgrades to these two units will produce roughly 3 times the rent. First time on the market in over 4 decades, this detached duplex has two one car garages dividing the units. Each unit has 2 bedrooms and 1 bath and its own large yard. Both units have separate meters for all utilities. Both units have their own outdoor space, that is fenced. Bathrooms in each unit have been updated. Tenants are month to month and current. Walking distance to public transportation, shopping centers, Centrally located to Chapman University, Santiago College, freeway access to the 55/22 and the 5, and the Toll Road. Excellent Investment Opportunity to own in the City of Orange. DRIVE BY ONLY! PLEASE DO NOT DISTURB TENANTS. Tenants vacate on May 30, 2022
Last Agent to Sell the Property
Harcourts Blue Water License #01327396 Listed on: 04/06/2022
Last Buyer's Agent
Josh Sitea
Newport Development Group License #01313298
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 6,068 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Private Yard
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Bungalow
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Composition Roof
Interior Spaces
- 1,812 Sq Ft Home
- 1-Story Property
- Family Room
- Laundry in Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 1
- Assessor Parcel Number 39221105
- $500 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,278
- Operating Expense $1,278
- Gross Income $17,970
- Net Operating Income $17,970
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
Listed on
Apr 6, 2022
Closed on
May 16, 2022
Sold by
Laurence King Ronald
Bought by
Seller's Agent
Kathy Clark
Harcourts Blue Water
Buyer's Agent
Josh Sitea
Newport Development Group
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,915
Avg. Annual Appreciation
3.80%
Original Mortgage
$600,600
Outstanding Balance
$557,296
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$474,619
Purchase Details
Listed on
Apr 6, 2022
Closed on
May 5, 2022
Sold by
Marie King
Bought by
Sitea Family Trust
Seller's Agent
Kathy Clark
Harcourts Blue Water
Buyer's Agent
Josh Sitea
Newport Development Group
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,600
Outstanding Balance
$557,296
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$474,619
Purchase Details
Closed on
Aug 14, 2021
Sold by
Helen Hopkins Ruby
Bought by
Hopkins Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange, CA
-
Ruben Gutierrez
-
Teresa Andrade
Teresa Andrade
Elizabeth E. Rivera, Broker
(657) 325-7487
68 Total Sales
2 in Orange
$150K - $245K Price Range
-
Michael Mei
Michael Mei
Keller Williams Realty Irvine
(949) 763-5711
165 Total Sales
3 in Orange
$813K - $1.2M Price Range
-
Daniel Gray
Daniel Gray
First Team Real Estate
(657) 500-0995
22 Total Sales
8 in Orange
$174K - $2.1M Price Range
-
John Simcoe
John Simcoe
Keller Williams Realty
(951) 476-2949
178 Total Sales
2 in Orange
$800K - $1.6M Price Range
-
Sean Buell
Sean Buell
Keller Williams
(714) 583-9681
18 Total Sales
1 in Orange
$1,400,000 Price
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 |
|---|---|---|---|
| -- | First American Title | ||
| Sitea Family Trust | $858,000 | First American Title | |
| Hopkins Family Trust | -- | -- | |
| King Marie Helen | -- | None Available |
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 |
|---|---|---|---|
| Open | $600,600 |
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 |
|---|---|---|---|---|
| 06/13/2022 06/13/22 | Sold | $880,000 | -2.1% | $486 / Sq Ft |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | For Sale | $899,000 | +2.2% | $496 / Sq Ft |
| 04/19/2022 04/19/22 | Off Market | $880,000 | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $899,000 | -- | $496 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $10,647 | $1,012,295 | $846,103 | $166,192 |
| 2025 | $10,149 | $926,927 | $829,513 | $97,414 |
| 2024 | $10,149 | $908,752 | $813,248 | $95,504 |
| 2023 | $9,759 | $875,160 | $797,302 | $77,858 |
| 2022 | $7,901 | $700,000 | $628,732 | $71,268 |
| 2021 | $1,294 | $75,887 | $19,249 | $56,638 |
| 2020 | $1,281 | $75,109 | $19,051 | $56,058 |
| 2019 | $1,271 | $73,637 | $18,678 | $54,959 |
| 2018 | $1,253 | $72,194 | $18,312 | $53,882 |
| 2017 | $1,214 | $70,779 | $17,953 | $52,826 |
| 2016 | $1,194 | $69,392 | $17,601 | $51,791 |
| 2015 | $1,176 | $68,350 | $17,336 | $51,014 |
| 2014 | $1,151 | $67,012 | $16,997 | $50,015 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Clark
KC
Seller's Agent in 2022
Kathy Clark
Harcourts Blue Water
(949) 283-2833
64 Total Sales
-
Brenna Van Hoogenstyn
Seller Co-Listing Agent in 2022
Brenna Van Hoogenstyn
Harcourts Blue Water
(949) 873-6111
57 Total Sales
-
JS
Buyer's Agent in 2022
Josh Sitea
Newport Development Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22066651
APN: 392-211-05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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