NOT LISTED FOR SALE

18627 E Vine Ave Orange, CA 92869

Estimated Value: $884,000 - $1,004,000

4 Beds
2 Baths
1,690 Sq Ft
$554/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $625,000 $370 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,561/month

87 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • El Modena High School Rated A-
  • No HOA
  • Living Room

About This Home

As of August 2019

TWO 2 BEDROOM 1 BATH UNITS, EACH WITH A ONE CAR GARAGE. LARGE FRONT AND REAR YARDS,ENCLOSED SIDE PATIOS. LONG TERM TENANTS, LOTS OF UPSIDE POTENTIAL.

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 02/18/2019

Last Buyer's Agent

Ramon Zamora

Executive Brokers Real Estate License #01171680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a county road
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 17 / A
  • Tax Tract Number 838
  • Assessor Parcel Number 09310008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Maintenance Expense $222
  • Trash Expense $432
  • Water Sewer Expense $960
  • New Taxes Expense $7,689
  • Operating Expense $12,222
  • Gross Income $36,000
  • Net Operating Income $22,698

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: FREE STANDING GAS STOVES
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 960.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 09310008
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 369.82
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 432.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 845 Square Feet
  • Gross Income: 36000.00
  • Gross Operating Income: 34920.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 222.00
  • Net Operating Income: 22698.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 12222.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 12222.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7689.00
  • Tax Block: A
  • Tax Census Tract: 219.13
  • Tax Lot: 17
  • Tax Tract Number: 838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Ruiz Luna Esequiel and Ruiz Mana Elena
Bought by
Ruiz Luna Esequiel and Ruiz Maria Elena
Current Estimated Value
$937,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Outstanding Balance
$413,164
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$523,870

Purchase Details

Closed on
May 20, 2019
Sold by
Dunn Patti M
Bought by
Ruiz Luna Esequiel and Ruiz Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Stock Philip H
Bought by
Gardon Ronald E and Gardon Barbara J

Purchase Details

Closed on
Apr 27, 1998
Sold by
Gardon Ronald E and Gardon Barbara J
Bought by
Stock Philip H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ruiz Luna Esequiel -- Stewart Title Guaranty Co
Ruiz Luna Esequiel $625,000 Orange Coast Title
Gardon Ronald E -- --
Stock Philip H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Luna Esequiel $466,000
Previous Owner Ruiz Luna Esequiel $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $625,000 -3.8% $370 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $649,900 -7.1% $385 / Sq Ft
02/18/2019 02/18/19 For Sale $699,900 -- $414 / 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 $7,816 $683,527 $608,778 $74,749
2024 $7,816 $670,125 $596,841 $73,284
2023 $7,626 $656,986 $585,138 $71,848
2022 $7,462 $644,104 $573,664 $70,440
2021 $7,260 $631,475 $562,416 $69,059
2020 $7,194 $625,000 $556,649 $68,351
2019 $1,472 $78,352 $27,757 $50,595
2018 $1,453 $76,816 $27,213 $49,603
2017 $1,412 $75,310 $26,679 $48,631
2016 $1,391 $73,834 $26,156 $47,678
2015 $1,523 $72,725 $25,763 $46,962
2014 $1,498 $71,301 $25,258 $46,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19037199

California Regional Multiple Listing Service (CRMLS)

APN: 093-100-08