NOT LISTED FOR SALE

18825 E Pearl Ave Orange, CA 92869

Orange Area
8 Beds
4 Baths
3,162 Sq Ft
6,719 Sq Ft Lot

Sale Details

Date Sold: January 22, 2013

Last sale price $725,000 $229 Per Sq Ft

3 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • No Heating
  • El Modena High School Rated A-
  • Wood Siding

About This Home

As of January 2013

Fantastic income property in the city of Orange. This is a duplex, each unit has 4 bedrooms, a retreat off the master (currently being used as an additional bedroom) and 2 1/2 baths. Rent is $2,400 for each unit, both tenants long term and stable. Both units have a 2 car garage. The property has recently been renovated, all units have been freshly painted (inside & out), new carpet with new baseboards installed in both units, new tile, toilets, and pedestals in most of the bathrooms, new light fixtures, microwaves, and new landscaping. Drive by only - do not disturb tenants.

Last Agent to Sell the Property

Stephen Doughty

Coldwell Banker Platinum Prop License #01502374 Listed on: 12/19/2012

Coldwell Banker Platinum Prop

Last Buyer's Agent

Ruth Jacobs

Coldwell Banker Platinum Prop License #00785117

Coldwell Banker Platinum Prop
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 1950

Lot Details

  • 6,719

Parking

  • 4 Car Garage
  • Two Garage Doors
  • Assigned Parking

Home Design

  • 3,162 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,719 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 22 / A
  • Tax Tract Number 223
  • Assessor Parcel Number 38327148

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,224
  • Water Sewer Expense $720
  • New Taxes Expense $7,760
  • Gross Income $4,800
  • Net Operating Income $46,896

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,719 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 6.25
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 38327148
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 229.29

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6719.00
  • Lot Size Acres: 0.1540

Multi Family

  • Gross Income: 4800.00
  • Gross Multiplier: 13.02
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 2224.00
  • Net Operating Income: 46896.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10704.00

Tax Info

  • New Taxes Expense: 7760.00
  • Tax Area: 76173
  • Tax Block: A
  • Tax Lot: 22
  • Tax Tract Number: 223

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

Listed on
Dec 19, 2012
Closed on
Dec 27, 2012
Sold by
Bought by
Seller's Agent
Stephen Doughty
Coldwell Banker Platinum Prop
Buyer's Agent
Ruth Jacobs
Coldwell Banker Platinum Prop
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$327,804
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2012
Closed on
Nov 23, 2012
Sold by
Bought by
Seller's Agent
Stephen Doughty
Coldwell Banker Platinum Prop
Buyer's Agent
Ruth Jacobs
Coldwell Banker Platinum Prop
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$327,804
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2009
Sold by
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
$417,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2006
Sold by
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
$814,500
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Orange, 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
$725,000 Lawyers Title
-- None Available
-- None Available
-- None Available
$514,000 None Available
$720,000 None Available
-- First American Title Co
-- --
-- --
$119,000 Southland Title Corporation
-- Fidelity National Title
$75,000 Fidelity National Title
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 $490,000
Previous Owner $417,000
Previous Owner $159,000
Previous Owner $814,500
Previous Owner $500,000
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
01/22/2013 01/22/13 Sold $725,000 -3.3% $229 / Sq Ft
12/22/2012 12/22/12 Pending -- -- --
12/19/2012 12/19/12 For Sale $749,900 -- $237 / 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 $10,243 $910,635 $578,040 $332,595
2025 $9,999 $892,780 $566,706 $326,074
2024 $9,999 $875,275 $555,594 $319,681
2023 $9,762 $858,113 $544,700 $313,413
2022 $9,559 $841,288 $534,020 $307,268
2021 $9,296 $824,793 $523,549 $301,244
2020 $9,212 $816,336 $518,180 $298,156
2019 $9,099 $800,330 $508,020 $292,310
2018 $8,963 $784,638 $498,059 $286,579
2017 $8,597 $769,253 $488,293 $280,960
2016 $8,434 $754,170 $478,719 $275,451
2015 $8,464 $742,842 $471,528 $271,314
2014 $8,290 $728,291 $462,291 $266,000
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: S720956

California Regional Multiple Listing Service (CRMLS)

APN: 383-271-48

Your Personal Tour Guide

Ask me questions while you tour the home.