NOT LISTED FOR SALE

18851 E Center Ave Unit 2 Orange, CA 92869

Estimated Value: $763,000 - $1,139,000

4 Beds
2 Baths
1,786 Sq Ft
$540/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $800,000 $448 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,892/month

4 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 1-Story Property
  • El Modena High School Rated A-

About This Home

As of February 2022

Two detached homes (duplex) in high demand rental area. Blocks from El Modena high school. Each unit has 2 bedrooms and 1 bath and it’s own large yard. Both units have separate meters for all utilities. Front house has white picket fence with and plenty of space in the frontyard to get creative. Both units have plenty of windows that allow natural light to fill the home. Walking distance to public transportation, shopping centers, Centrally located to Chapman University, Santiago College, freeway access to the 55/22 and the 5, and the Toll Road. Excellent Investment Opportunity to own in the City of Orange.

Last Agent to Sell the Property

Jorge Martinez

Jam Realty License #01213945 Listed on: 01/29/2022

Last Buyer's Agent

Marisol Araya

LONE HILL PROPERTIES License #01193072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 23 / A
  • Tax Tract Number 160
  • Assessor Parcel Number 38308231
  • $471 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 38308231
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 447.93

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, No Landscaping
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 1500.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 219.13
  • Tax Lot: 23
  • Tax Tract Number: 160
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Feb 23, 2022
Sold by
Steven Haas & Karen Joyce Haas Trust
Bought by
Salazar Luis and Salazar Silvia
Seller's Agent
Jorge Martinez
Jam Realty
Buyer's Agent
Marisol Araya
LONE HILL PROPERTIES
List Price
$780,000
Sold Price
$800,000
Premium/Discount to List
$20,000
2.56%
Current Estimated Value
$963,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,827
Avg. Annual Appreciation
4.88%
Original Mortgage
$560,000
Outstanding Balance
$520,002
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$443,825

Purchase Details

Closed on
Feb 4, 2004
Sold by
Haas Steven and Haas Karen
Bought by
Haas Steven and Haas Karen

Purchase Details

Closed on
Jun 26, 2003
Sold by
Haas Steven and Haas Karen
Bought by
Haas Steven and Haas Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
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
Salazar Luis $800,000 Chicago Title
Haas Steven -- --
Haas Steven -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Luis $560,000
Previous Owner Haas Steven $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $800,000 +2.6% $448 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $780,000 -- $437 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,328 $848,966 $726,795 $122,171
2024 $9,328 $832,320 $712,544 $119,776
2023 $9,112 $816,000 $698,572 $117,428
2022 $3,128 $251,088 $141,469 $109,619
2021 $3,047 $246,165 $138,695 $107,470
2020 $3,020 $243,641 $137,272 $106,369
2019 $2,986 $238,864 $134,580 $104,284
2018 $2,943 $234,181 $131,941 $102,240
2017 $2,831 $229,590 $129,354 $100,236
2016 $2,780 $225,089 $126,818 $98,271
2015 $2,849 $221,708 $124,913 $96,795
2014 $2,793 $217,366 $122,467 $94,899
Source: Public Records

Agents Affiliated with this Home

  • Jorge Martinez

    Seller's Agent in 2022

    Jorge Martinez

    Jam Realty

    (714) 423-1993

    4 in this area

    26 Total Sales

    Jorge Martinez
    Section Image
  • Marisol Araya

    Buyer's Agent in 2022

    Marisol Araya

    LONE HILL PROPERTIES

    (626) 890-9561

    3 in this area

    19 Total Sales

    Marisol Araya
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22018186

California Regional Multiple Listing Service (CRMLS)

APN: 383-082-31

California Orange County Orange 92869

18851 E Center Ave Unit 2, Orange, CA

Not Listed for Sale

MultiFamily

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