NOT LISTED FOR SALE

18662 E Vine Ave Orange, CA 92869

Estimated Value: $1,190,000 - $1,616,000

8 Beds
5 Baths
2,850 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $1,007,075 $353 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,032/month

10 Days on Market

Highlights

  • No HOA
  • El Modena High School Rated A-
  • Laundry Room

About This Home

As of December 2020

Investor's Delight-R4 Zone!

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 09/28/2020

K.W. EXECUTIVE

Last Buyer's Agent

Kristine Tran

Kristine Tran, Broker License #01864071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Home Design

  • Property Attached

Interior Spaces

  • 2,850 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 5
  • Tax Tract Number 157
  • Assessor Parcel Number 09310306

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,236
  • Trash Expense $350
  • Water Sewer Expense $1,416
  • New Taxes Expense $9,072
  • Operating Expense $12,074
  • Gross Income $96,000
  • Net Operating Income $1,082

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1416.00
  • Property Type: Residential Income
  • Parcel Number: 09310306
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 353.36

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 1236.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 1082.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1082.00
  • Rent Control: No
  • Total Actual Rent: 8000.00
  • Total Expenses: 12074.00

Tax Info

  • New Taxes Expense: 9072.00
  • Tax Block: 5
  • Tax Census Tract: 219.13
  • Tax Lot: 8
  • Tax Tract Number: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Galaxy Management Inc
Bought by
Doan Long and Le Tra
Current Estimated Value
$1,348,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 12, 2018
Sold by
Nhu Y Tran Thi
Bought by
Management Galaxy
Seller's Agent
Kevin Bui
Professional R.E. Center, Inc.
Buyer's Agent
John Santana
JAMIL ALAM, BROKER
List Price
$819,999
Sold Price
$810,000
Premium/Discount to List
-$9,999
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Mar 6, 2017
Sold by
Nhu Y Tran Thi
Bought by
Nhu Y Tran Thi

Purchase Details

Closed on
Oct 26, 2016
Sold by
Nguyen Van Khanh
Bought by
Nhu Y Tran Thi

Purchase Details

Closed on
Apr 24, 2014
Sold by
Nguyen Van Khanh
Bought by
Van Khanh Nguyen Living Trust

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 13, 2013
Sold by
Wallace Jermaine Galindo
Bought by
Nguyen Van Khanh
Seller's Agent
Barry Haluch
Vista Real Estate Corporation
Buyer's Agent
Stephen Miller
J. Stephen Miller
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 11, 2013
Sold by
Vine #18662 Partners
Bought by
Nguyen Van Khanh
Seller's Agent
Barry Haluch
Vista Real Estate Corporation
Buyer's Agent
Stephen Miller
J. Stephen Miller
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Purchase Details

Closed on
Apr 17, 2012
Sold by
Salazar Martin and Flores Gloria
Bought by
Vine #18662 Trust

Purchase Details

Closed on
May 21, 2007
Sold by
Flores Gloria and Salazar Martin
Bought by
Salazar Martin and Flores Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 19, 2007
Sold by
Flores Gloria and Salazar Martin
Bought by
Salazar Martin and Flores Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 7, 2001
Sold by
Salazar Martin and Gomez Juan Antonio
Bought by
Salazar Martin and Castellanos Gloria Delcarmen Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,838
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2001
Sold by
Castellanos Gloria Del Carmen Flores
Bought by
Salazar Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,838
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2000
Sold by
Martin Salazar and Martin Antonio Juan
Bought by
Salazar Martin and Castellanos Gloria Delcarmen Flores

Purchase Details

Closed on
Feb 10, 2000
Sold by
Castellanos Flores G
Bought by
Salazar Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2000
Sold by
Castro Maria Gabriela Santillan
Bought by
Gomez Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1998
Sold by
Salazar Martin and Gomez Juan Antonio
Bought by
Salazar Martin and Castellanos Gloria Del Carmen Flores

Purchase Details

Closed on
Aug 31, 1998
Sold by
Flores Gloria
Bought by
Salazar Martin

Purchase Details

Closed on
Apr 6, 1998
Sold by
Perez Max and Perez Michael
Bought by
Salazar Martin and Gomez Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,002
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1997
Sold by
Toledano Virginia P
Bought by
Perez Max and Perez Michael

Purchase Details

Closed on
Aug 31, 1994
Sold by
Perez Miguel C and Perez Oliva
Bought by
Perez Miguel C and Perez Oliva T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Doan Long $1,007,500 First Amer Ttl Co Los Angele
Management Galaxy $810,000 First American Title
Nhu Y Tran Thi -- None Available
Nhu Y Tran Thi -- None Available
Nguyen Van Khanh -- None Available
Van Khanh Nguyen Living Trust -- None Available
Nguyen Van Khanh -- Lawyers Title
Nguyen Van Khanh $475,000 Lawyers Title
Vine #18662 Partners -- Lawyers Title
Vine #18662 Trust -- Accommodation
Salazar Martin -- New Century Title Company
Salazar Martin -- New Century Title Company
Salazar Martin -- --
Salazar Martin -- American Title
Salazar Martin -- American Title
Salazar Martin -- --
Salazar Martin -- South Coast Title Company
Salazar Martin -- South Coast Title Company
Gomez Juan Antonio -- South Coast Title Company
Salazar Martin -- --
Salazar Martin -- Benefit Land Title Company
Salazar Martin $143,000 Benefit Land Title Company
Perez Max -- --
Perez Miguel C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doan Long $596,400
Previous Owner Salazar Martin $612,000
Previous Owner Salazar Martin $99,000
Previous Owner Salazar Martin $242,838
Previous Owner Salazar Martin $184,000
Previous Owner Salazar Martin $141,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $1,007,075 -7.4% $353 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,088,000 +34.3% $382 / Sq Ft
04/13/2018 04/13/18 Sold $810,000 -1.2% $284 / Sq Ft View Prior Sale
02/21/2018 02/21/18 For Sale $819,999 +72.6% $288 / Sq Ft
12/20/2013 12/20/13 Sold $475,000 -5.0% $190 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $499,900 -- $200 / 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 $11,828 $1,090,089 $931,738 $158,351
2024 $11,828 $1,068,715 $913,468 $155,247
2023 $11,559 $1,047,760 $895,557 $152,203
2022 $11,327 $1,027,216 $877,997 $149,219
2021 $11,011 $1,007,075 $860,781 $146,294
2020 $9,297 $842,724 $697,678 $145,046
2019 $9,179 $826,200 $683,998 $142,202
2018 $5,882 $511,749 $381,863 $129,886
2017 $5,644 $501,715 $374,375 $127,340
2016 $5,537 $491,878 $367,034 $124,844
2015 $5,566 $484,490 $361,521 $122,969
2014 $5,452 $475,000 $354,439 $120,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20203615

California Regional Multiple Listing Service (CRMLS)

APN: 093-103-06