NOT LISTED FOR SALE
5 Beds
4 Baths
6,650 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: September 30, 2012

Last sale price $1,850,000 $278 Per Sq Ft

13 Days on Market

Highlights

  • 0.39 Acre Lot
  • Wood Siding
  • No Heating
  • Kaiser Elementary School Rated A

About This Home

As of September 2012

Cecil Place is a two-story, garden-style apartment community built in 1976, which encompasses a total of six condo quality units situated on 16,952 square feet of land. The building consists of (4) 2 Bedroom / 2 Bathroom units measuring approximately 1,000 square feet, and (2) 3 Bedroom / 2.5 Bathroom Townhome Units measuring approximately 1,325 Square feet each. Property amenities include: copper plumbing, pitched roofs, washer dryer hookups, individual water heaters, large yards, dishwashers, carports and a a low-density pride of ownership environment

Last Agent to Sell the Property

Pat Swanson

Pat Swanson License #01382974 Listed on: 07/26/2012

Last Buyer's Agent

Darrell Pash

Metro Estates License #00645838

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 16,952 Sq Ft Lot
  • Lot Dimensions are 121x140

Home Design

  • 6,650 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • 8 Carport Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 18
  • Tax Tract Number 269
  • Assessor Parcel Number 42606208

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $1,800
  • Insurance Expense $2,328
  • Other Expense $4,500
  • Trash Expense $1,286
  • Water Sewer Expense $2,100
  • New Taxes Expense $19,226
  • Gross Income $10,200
  • Net Operating Income $83,609

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.39 Acres

Listing Details

  • Assessments: No
  • CapRate: 4.52
  • View: No
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 42606208
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 278.20

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 1286.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 121x140
  • Lot Size Sq Ft: 16952.00
  • Lot Size Acres: 0.3890

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1325
  • Electric Expense: 900.00
  • Gross Income: 10200.00
  • Gross Multiplier: 15.11
  • Gross Scheduled Income: 122400.00
  • Insurance Expense: 2328.00
  • Lot Size Area: 16952.0000 Square Feet
  • Net Operating Income: 83609.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Patio: 4
  • Operating Expense: 35119.00
  • Other Expense: 4500.00
  • Other Expense Description: Repairs
  • Total Actual Rent: 10200.00

Tax Info

  • New Taxes Expense: 19226.00
  • Tax Area: 15044
  • Tax Lot: 18
  • Tax Tract Number: 269

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
Jun 10, 2019
Sold by
Cecil Street Partners Llc
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
$1,100,000
Outstanding Balance
$948,823
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2012
Closed on
Aug 28, 2012
Sold by
Cefalia James John and Cefalia Cathy Lynn
Bought by
Cecil Street Partners Llc
Seller's Agent
Pat Swanson
Pat Swanson
Buyer's Agent
Darrell Pash
Metro Estates
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Cefalia James and Cefalia Cathy Lynn
Bought by
Cefalia James John and Cefalia Cathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2006
Sold by
Gassett Charles B and Gassett Pamela H
Bought by
Cefalia James John and Cefalia Cathy Lynn
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eastside Costa Mesa, CA

See All Agents

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
-- First American Title Company
Cecil Street Partners Llc $1,850,000 None Available
Cefalia James John -- Stewart Title
Cefalia James John $1,530,000 Ticor Title Co Fullerton
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
Open $1,100,000
Previous Owner Cecil Street Partners Llc $1,165,000
Previous Owner Cefalia James John $982,000
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
09/30/2012 09/30/12 Sold $1,850,000 0.0% $278 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $1,850,000 -- $278 / 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 $407 $18,080 $3,000 $15,080
2024 $373 $18,080 $3,000 $15,080
2023 $357 $18,080 $3,000 $15,080
2022 $357 $18,080 $3,000 $15,080
2021 $340 $9,080 $3,000 $6,080
2020 $340 $9,080 $3,000 $6,080
2019 $18 $9,080 $3,000 $6,080
2018 $322 $9,080 $3,000 $6,080
2017 $18 $9,080 $3,000 $6,080
2016 $345 $9,730 $3,000 $6,730
2015 $345 $9,730 $3,000 $6,730
2014 $345 $9,730 $3,000 $6,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S706471

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.