NOT LISTED FOR SALE

17072 Carlann Cir Tustin, CA 92780

Tustin Area
9 Beds
5 Baths
4,251 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 18, 2019

Last sale price $1,210,000 $285 Per Sq Ft

35 Days on Market

Highlights

  • No HOA
  • Tile Countertops
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Recessed Lighting
  • Forced Air Heating System

About This Home

As of September 2019

HIGHLY DESIRED LOCATION and PREMIER OPPORTUNITY for investment in the heart of Tustin located nearly one mile from Old Town Tustin and easy access to 5 and 55 freeways. The building is a two story four-plex in a high demand area each with 5 separate electric and gas meters with enclosed garages and separate community laundry room which consists of one (1) large 3 bedroom 2 bath unit and three (3) 2 bedroom 1 bath units with private patios or balconies and a one car garage enclosed garage with 2 additional parking spaces. Units have tile, carpet and laminate floors, recessed lighting and central or window AC units. The property has been well maintained and cared for by the loving owners.

Last Agent to Sell the Property

Julie Tran

Pacific Sotheby's Int'l Realty License #01947778 Listed on: 07/08/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Ally Chan

WeTrust Realty License #01872450

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 5008
  • Assessor Parcel Number 40236217

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $3,106
  • Maintenance Expense $4,543
  • Other Expense $3,935
  • Trash Expense $1,348
  • New Taxes Expense $3,346
  • Operating Expense $19,500
  • Gross Income $64,200
  • Net Operating Income $44,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 40236217
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Recessed Lighting, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 284.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 1348.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 64200.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 3106.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 4543.00
  • Net Operating Income: 44700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19500.00
  • Other Expense: 3935.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 5350.00
  • Total Expenses: 19500.00

Tax Info

  • New Taxes Expense: 3346.00
  • Tax Census Tract: 755.14
  • Tax Lot: 2
  • Tax Tract Number: 5008

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
Aug 26, 2021
Sold by
Bought by

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 13, 2019
Sold by
Bought by
Seller's Agent
Julie Tran
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ally Chan
WeTrust Realty
List Price
$1,300,000
Sold Price
$1,210,000
Premium/Discount to List
-$90,000
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,210,000 California Title Company
-- None Available
-- 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
Previous Owner $720,000
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
09/18/2019 09/18/19 Sold $1,210,000 -3.1% $285 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $1,249,000 -3.9% $294 / Sq Ft
07/08/2019 07/08/19 For Sale $1,300,000 -- $306 / 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 $15,980 $1,349,775 $1,171,295 $178,480
2025 $15,265 $1,323,309 $1,148,328 $174,981
2024 $15,265 $1,297,362 $1,125,812 $171,550
2023 $14,884 $1,271,924 $1,103,737 $168,187
2022 $14,650 $1,246,985 $1,082,095 $164,890
2021 $14,361 $1,222,535 $1,060,878 $161,657
2020 $14,286 $1,210,000 $1,050,000 $160,000
2019 $3,419 $200,011 $46,611 $153,400
2018 $3,372 $196,090 $45,697 $150,393
2017 $3,321 $192,246 $44,801 $147,445
2016 $3,272 $188,477 $43,923 $144,554
2015 $3,543 $185,646 $43,263 $142,383
2014 $3,470 $182,010 $42,416 $139,594
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19160597

California Regional Multiple Listing Service (CRMLS)

APN: 402-362-17

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