NOT LISTED FOR SALE

16665 E Buena Vista Ave Orange, CA 92865

Estimated Value: $894,000 - $1,012,658

3 Beds
2 Baths
1,650 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $699,988 $424 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,691/month

20 Days on Market

Highlights

  • Above Ground Spa
  • View of Catalina
  • Updated Kitchen
  • Villa Park High School Rated A
  • Custom Home
  • Wood Flooring

About This Home

As of June 2016

Welcome to this adorable Craftsman style bungalow. Two homes on one lot in coveted Olive Heights. Gorgeous views of the city lights, Honda Center, Angel Stadium and Disneyland fireworks. Both homes are completely refurbished & upgraded. The front/main house was built in 1922 and was moved to the property in the 1950's from historic Old Town Orange. It has 2 bedrooms, an upstairs loft and 1 bathroom . The kitchen has been updated with new flooring and new appliances. The bathroom has also been updated. The main house also offers terraced landscaping & brick patio, plenty of front and back yard space, a driveway to its single car garage, and central AC. The back house is a 1 bedroom, 1 bathroom that has been remodeled, a full kitchen that has been updated, spacious living room, indoor laundry, its own private courtyard and drive up access to it's separate single car garage with a driveway for additional back alley parking. Each home has separate meters for gas, water and electric. The property is located within County limits. The owner has used the front unit as a VRBO rental and has verification of the rental income and testimonials from past guest. This is a great home for an investor or owner looking to move in and have additional rental income!

Last Agent to Sell the Property

Justin Roach

Freedom First Properties License #01976308 Listed on: 05/11/2016

Last Buyer's Agent

Tom Render

Ricci Realty License #01977175

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,421 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Up Slope from Street
  • Gravel Driveway

Property Views

  • Catalina
  • City Lights
  • Bluff
  • Neighborhood

Home Design

  • Custom Home
  • Craftsman Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Blinds
  • French Mullion Window
  • Window Screens
  • French Doors
  • Living Room
  • Home Office
  • Loft

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Above Ground Spa
  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • 220 Volts For Spa
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 1 / L
  • Tax Tract Number 527
  • Assessor Parcel Number 36037104

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $7,700
  • Gross Income $3,900
  • Net Operating Income $33,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Architectural Style: Custom Built, Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 36037104
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: One
  • Price Per Square Foot: 424.24
  • Room Type: All Bedrooms Down, Loft, Living Room, Walk-In Closet, Office
  • Spa Features: Above Ground
  • Window Features: Blinds, Double Pane Windows, French/Mullioned, Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Catalina, City Lights, Neighborhood
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Plaster, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Gravel, Driveway, Garage Faces Front, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts For Spa, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Stackable
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Bluff, Back Yard, 2-5 Units/Acre, Front Yard, Garden, Sprinklers In Front, Sprinklers In Rear, Up Slope from Street
  • Lot Size Sq Ft: 6421.00
  • Price Per Lot Square Foot: 109.02

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 650
  • Average2 Bed Area: 1000
  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 33760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 13040.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7700.00
  • Tax Block: L
  • Tax Lot: 1
  • Tax Tract Number: 527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 5, 2016
Sold by
Camarata Peter P
Bought by
The Castorena Revocable Trust
Seller's Agent
Justin Roach
Freedom First Properties
Buyer's Agent
Tom Render
Ricci Realty
List Price
$699,988
Sold Price
$699,988
Current Estimated Value
$949,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,427
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
May 24, 2013
Sold by
Camarata Peter
Bought by
Camarata Peter P

Purchase Details

Closed on
Apr 9, 2007
Sold by
Jacobs Erik P and Jacobs Deanna L
Bought by
Camarata Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Jacobs Erik P and Jacobs Deanna L
Bought by
Jacobs Erik P and Jacobs Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 7, 1999
Sold by
Williams Durman Barbara Ann and Williams Ann Barbara
Bought by
Jacobs Erik P and Jacobs Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,650
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
The Castorena Revocable Trust $700,000 Western Resources Title Co
Camarata Peter P -- None Available
Camarata Peter P $660,000 Multiple
Jacobs Erik P -- First American Title Co
Jacobs Erik P $227,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camarata Peter P $528,000
Previous Owner Jacobs Erik P $359,650
Previous Owner Jacobs Erik P $215,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $699,988 0.0% $424 / Sq Ft
05/11/2016 05/11/16 For Sale $699,988 -- $424 / 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 $9,130 $828,638 $755,585 $73,053
2024 $9,130 $812,391 $740,770 $71,621
2023 $8,928 $796,462 $726,245 $70,217
2022 $8,755 $780,846 $712,005 $68,841
2021 $8,512 $765,536 $698,044 $67,492
2020 $8,433 $757,687 $690,887 $66,800
2019 $8,328 $742,831 $677,340 $65,491
2018 $8,202 $728,266 $664,059 $64,207
2017 $7,862 $713,987 $651,038 $62,949
2016 $5,030 $440,578 $364,141 $76,437
2015 $4,957 $433,961 $358,672 $75,289
2014 $4,939 $433,961 $358,672 $75,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16100634

California Regional Multiple Listing Service (CRMLS)

APN: 360-371-04

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