NOT LISTED FOR SALE

Fountain Valley, CA 92708

Estimated Value: $1,610,175 - $1,794,000

4 Beds
4 Baths
2,899 Sq Ft
$585/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $980,000 $338 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,857/month

88 Days on Market

Highlights

  • Active Adult
  • Main Floor Bedroom
  • Lawn
  • Wood Flooring
  • Furnished
  • No HOA

About This Home

As of May 2018

GREAT OPPORTUNITY to purchase this turn-key Senior Home, RCFE business in the heart of Orange County. Sale includes the Real Estate AND the Business! This SEVEN Bedroom home has FOUR private rooms, ONE double bedroom, ONE caretakers room and TWO Bedrooms upstairs for the Owner/Operator! Great, family run business with a wonderful reputation for caring for the elderly. Recent renovations and upgrades provide a great living environment for residents. LARGE, 2900 sq. ft. home on a quiet, cul-de-sac. PRICED TO SELL! Family owned and operated since 1994. Great location. Close to transportation, hospitals, shopping, dining and Mile Square Park!

Last Agent to Sell the Property

MLS Department

Out Of Area License #88888888 Listed on: 02/02/2018

Last Buyer's Agent

Tommy Tran

Credent Real Estate License #01308723

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,212

Year Built

  • Built in 1964

Lot Details

  • 7,192 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Main Floor Bedroom
  • 2,899 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Awning
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Grab Bar In Bathroom
  • Lowered Light Switches
  • Customized Wheelchair Accessible
  • Doors are 32 inches wide or more
  • Accessible Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4603
  • Assessor Parcel Number 14323118

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,212

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • CapRate: 12.00
  • Inclusions: Bed, Furnishings, RCFE Business: Gardenia home Care...
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 14323118
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Furnished, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Customized Wheelchair Accessible, Grab Bars In Bathroom(s), Lowered Light Switches, Parking
  • Appliances: Yes
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 338.05
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lawn, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7192.00

Multi Family

  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 240000.00
  • Insurance Expense: 12000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Refrigerator: 1
  • Rent Control: No
  • Total Actual Rent: 20400.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Census Tract: 992.25
  • Tax Lot: 17
  • Tax Tract Number: 4603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
May 14, 2018
Sold by
Lang Nhan Le Quan
Bought by
Quan Hoa Khai
Seller's Agent
MLS Department
Out Of Area
Buyer's Agent
Tommy Tran
Credent Real Estate
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Current Estimated Value
$1,696,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,294
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Lamourea Lalaine Pascual and Lamourea Alphonse Peter
Bought by
Lamourea Alphonse Peter and Lamourea Lalaine Pascual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Quan Hoa Khai -- Fntg Builders Services
Quan Hoa Khai $900,000 Fidelity National Title Co
Lamourea Alphonse Peter -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamourea Alphonse Peter $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $980,000 -1.5% $338 / Sq Ft
02/02/2018 02/02/18 For Sale $995,000 -- $343 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,212 $1,024,044 $813,774 $210,270
2024 $11,212 $1,003,965 $797,817 $206,148
2023 $10,952 $984,280 $782,174 $202,106
2022 $10,797 $964,981 $766,837 $198,144
2021 $10,588 $946,060 $751,801 $194,259
2020 $10,528 $936,360 $744,092 $192,268
2019 $10,309 $918,000 $729,501 $188,499
2018 $3,917 $335,658 $130,268 $205,390
2017 $3,854 $329,077 $127,714 $201,363
2016 $3,692 $322,625 $125,210 $197,415
2015 $3,634 $317,779 $123,329 $194,450
2014 $3,562 $311,555 $120,914 $190,641
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MLS Department

    Out Of Area

    (714) 375-9313

    17 Total Sales

    MLS Department
    Section Image
  • Tommy Tran

    Buyer's Agent in 2018

    Tommy Tran

    Credent Real Estate

    (714) 855-9493

    3 Total Sales

    Tommy Tran
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18035235

California Regional Multiple Listing Service (CRMLS)

APN: 143-231-18

California Orange County Fountain Valley

92708

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