NOT LISTED FOR SALE

16542 Lorelei Ln Tustin, CA 92780

5 Beds
4 Baths
3,059 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 5, 2015

Last sale price $669,000 $219 Per Sq Ft

14 Days on Market

Highlights

  • Walk-In Closet
  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Foothill High School Rated A
  • Laundry closet
  • Ceiling Fan

About This Home

As of March 2015

Modern, newer townhome style duplex. Large units feel like home. One unit is a 3 bed/2.5 bath and the other is a 2 bed/ 2.5 bath with double garages plus on-site parking and large private fenced in yards. Conveniently located on a quiet cul-de-sac street accessible to 5 and 55 Freeways. Separate electric and gas meters and central a/c units. Newer roof on building and detached garage. 100% occupancy. Unit # 16544 has a converted room being used as a 3rd bedroom without permits.

Last Agent to Sell the Property

Donald St. Jean

AIM Properties License #01362100 Listed on: 01/22/2015

Last Buyer's Agent

Donald St. Jean

AIM Properties License #01362100 Listed on: 01/22/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,059 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10029
  • Assessor Parcel Number 40227110

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,995
  • Net Operating Income $30,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 40227110
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 218.70
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Water Heater
  • Heating Type: Forced Air, Fireplace(s), Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 3995.00
  • Gross Scheduled Income: 47940.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 30940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 17000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 10029
  • Tax Year: 2014
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$631,000 Wfg National Title Ins Co
-- First American Title Ins Co
-- --
-- --
-- Old Republic Title Company
-- Old Republic Title Company
-- Orange Coast 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
Closed $400,000
Closed $532,000
Closed $70,000
Closed $25,000
Closed $194,100
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
03/05/2015 03/05/15 Sold $669,000 0.0% $219 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $669,000 -- $219 / 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 $9,132 $804,034 $389,862 $414,172
2024 $9,132 $788,269 $382,218 $406,051
2023 $8,908 $772,813 $374,723 $398,090
2022 $8,773 $757,660 $367,375 $390,285
2021 $8,599 $742,804 $360,171 $382,633
2020 $8,550 $735,188 $356,478 $378,710
2019 $8,343 $720,773 $349,488 $371,285
2018 $8,208 $706,641 $342,636 $364,005
2017 $8,067 $692,786 $335,918 $356,868
2016 $7,924 $679,202 $329,331 $349,871
2015 $3,978 $296,207 $106,656 $189,551
2014 $3,883 $290,405 $104,567 $185,838
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15014728

California Regional Multiple Listing Service (CRMLS)

APN: 402-271-10

Your Personal Tour Guide

Ask me questions while you tour the home.