NOT LISTED FOR SALE

18741 E Center Ave Orange, CA 92869

Estimated Value: $669,046 - $723,000

1 Bed
0.5 Bath
850 Sq Ft
$821/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $535,000 $629 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,316/month

41 Days on Market

Highlights

  • Corner Lot
  • El Modena High School Rated A-
  • No HOA

About This Home

As of March 2022

Fully approved plans with City of Orange / RTI (READY TO ISSUE) Existing 850 sqft / SFR to 3 bedroom 1 bath. In addition / Property has City fully approved 790 sqft ADU - perfect for multi-generational family or live in one rent out the other allowing for an extra income as short/long term rental. Conveniently located close to Old Town Orange,close drive to Disneyland, Knottsberry farm, Beaches, Restaurants, and Shopping. Sale will include all approved drawings and approved building permits, ready to issue. The existing front house needs full remodel with existing 850 sqft to (3 bedroom/1 bath), ADU will have 2 beds 1 bath 790 living sqft. Rents are record high in this direct area and will continue to rise. All permits and plans fully approved with the county of Orange. Great for homeowner/builder to capture additional income.

Last Agent to Sell the Property

Agnes De Torres

Ferragamo Real Estate License #01395045 Listed on: 12/08/2021

Last Buyer's Agent

Agnes De Torres

Ferragamo Real Estate License #01395045 Listed on: 12/08/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 4,735 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Tear Down

Home Design

  • 850 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 0.5 Bathroom

Outdoor Features

  • Exterior Lighting

Schools

  • Rancho Santiago Middle School
  • El Modena High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / A
  • Tax Tract Number 160
  • Assessor Parcel Number 38308263

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 38308263
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 629.41
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: El Modena
  • Middle Or Junior School: Rancho Santiago
  • High School2: ELMOD2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Tear Down
  • Lot Size Sq Ft: 4735.00
  • Lot Size Acres: 0.1087

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4735.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 219.13
  • Tax Lot: 14
  • Tax Tract Number: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 11, 2021
Sold by
Irvine Ranch Water District
Bought by
One Westerns Llc
Seller's Agent
Vince Ferragamo
Touchdown Real Estate
Buyer's Agent
Vince Ferragamo
Touchdown Real Estate
List Price
$199,000
Sold Price
$250,000
Premium/Discount to List
$51,000
25.63%
Current Estimated Value
$698,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,012
Avg. Annual Appreciation
23.52%
Original Mortgage
$298,629
Outstanding Balance
$266,860
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
$431,152

Purchase Details

Closed on
Mar 25, 1998
Sold by
Carpenter Irrigation District
Bought by
Irvine Ranch Water District
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
One Westerns Llc $250,000 Wfg Title Insurance Company
Irvine Ranch Water District -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Westerns Llc $298,629
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2022 03/29/22 Sold $535,000 -2.7% $629 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
12/23/2021 12/23/21 Price Changed $549,900 -6.0% $647 / Sq Ft
12/08/2021 12/08/21 For Sale $585,000 +134.0% $688 / Sq Ft
02/23/2021 02/23/21 Sold $250,000 +25.6% $294 / Sq Ft View Prior Sale
01/19/2021 01/19/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $199,000 -20.4% $234 / Sq Ft
01/18/2021 01/18/21 Off Market $250,000 -- --
01/15/2021 01/15/21 For Sale $199,000 -- $234 / 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 $8,039 $706,108 $542,215 $163,893
2024 $8,039 $692,263 $531,583 $160,680
2023 $6,982 $601,521 $521,160 $80,361
2022 $1,512 $96,283 $72,224 $24,059
2021 $0 $94,396 $70,808 $23,588
2020 $0 $93,429 $70,082 $23,347
2019 $0 $91,598 $68,708 $22,890
2018 $0 $89,802 $67,360 $22,442
2017 $0 $88,042 $66,040 $22,002
2016 -- $86,316 $64,745 $21,571
2015 -- $85,020 $63,773 $21,247
2014 -- $83,355 $62,524 $20,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21261815

California Regional Multiple Listing Service (CRMLS)

APN: 383-082-63