NOT LISTED FOR SALE

1636 La Paloma Ave Placentia, CA 92870

Estimated Value: $678,306 - $776,000

3 Beds
2 Baths
1,250 Sq Ft
$587/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2018

Last sale price $440,000 $352 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,507 / mo

13 Days on Market

Highlights

  • No HOA
  • Two Homes on a Lot
  • Tile Flooring
  • Glenview Elementary School Rated A-
  • Shed
  • 1-Story Property

About This Home

As of April 2018

Lowest priced duplex in Orange County. Two separate houses on one lot in Placentia with no common walls. Front unit is a 1 bedroom/ 1 bath. Second unit is a 2 bedroom/ 1 bath with an extra office/play room. Tile flooring in living room and kitchen area with carpet in bedrooms. Each unit has a private yard, separate entrances, and separately metered for gas and electricity. Long term tenants on month to month rental agreements.

Last Agent to Sell the Property

George Gonzalez

Bell Realty Group License #01990382 Listed on: 02/07/2018

Last Buyer's Agent

Marlon Burga

Century 21 Affiliated License #01236299

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,537 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Shed
  • Two Homes on a Lot
  • Urban Location
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 38
  • Tax Tract Number 322
  • Assessor Parcel Number 34617310

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $500
  • Water Sewer Expense $2,200
  • New Taxes Expense $5,049
  • Operating Expense $8,000
  • Gross Income $24,000
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

3,537 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Atwood
  • Water Sewer Expenses: 2200.00
  • Property Type: Residential Income
  • Parcel Number: 34617310
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 352.00

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s), Two On A Lot
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3537.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 420 Square Feet
  • Average2 Bed Area: 830 Square Feet
  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 600.00
  • Net Operating Income: 16000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Actual Rent: 24000.00
  • Total Expenses: 8000.00

Tax Info

  • New Taxes Expense: 5049.00
  • Tax Census Tract: 218.21
  • Tax Lot: 38
  • Tax Tract Number: 322

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
Jan 31, 2024
Sold by
Bought by
Current Estimated Value
$733,327

Purchase Details

Listed on
Feb 7, 2018
Closed on
Feb 26, 2018
Sold by
Bought by
Seller's Agent
George Gonzalez
Bell Realty Group
Buyer's Agent
Marlon Burga
Century 21 Affiliated
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$330,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2005
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
$475,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1995
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
$70,277
Interest Rate
8.51%
Mortgage Type
FHA
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

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 Listed On Document
$440,000 Stewart Title Of California
-- None Available
$360,000 North American Title Co
$70,000 Commonwealth Land Title
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
Closed $330,000
Closed $475,000
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
04/06/2018 04/06/18 Sold $440,000 -4.1% $352 / Sq Ft
02/07/2018 02/07/18 For Sale $459,000 -- $367 / 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
2025 $6,827 $663,148 $632,468 $30,680
2024 $6,827 $500,586 $474,825 $25,761
2023 $6,504 $541,008 $513,269 $27,739
2022 $6,394 $471,768 $447,470 $24,298
2021 $6,190 $462,518 $438,696 $23,822
2020 $6,209 $457,776 $434,198 $23,578
2019 $5,937 $448,800 $425,684 $23,116
2018 $4,046 $273,188 $250,479 $22,709
2017 $3,972 $267,832 $245,568 $22,264
2016 $3,895 $262,581 $240,753 $21,828
2015 $3,839 $258,637 $237,136 $21,501
2014 $3,743 $253,571 $232,491 $21,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18029527

California Regional Multiple Listing Service (CRMLS)

APN: 346-173-10

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