NOT LISTED FOR SALE
-- Beds
-- Baths
4,167 Sq Ft
7,493 Sq Ft Lot

Sale Details

Date Sold: May 22, 2012

Last sale price $950,000 $228 Per Sq Ft

Highlights

  • No Heating
  • Birney Elementary School Rated A+
  • 2-minute walk to Andrews Park

About This Home

As of May 2012

SOLD WHILE BEING PROCESSED. New roll-up garage doors w/remotes. Front house 2BR/1.5BA, gas heating; wood ceiling, raised hearth fireplace; Five 1BR/1BA; all electric. 4 top units have wood ceilings; Copper re-pipe in 2002. Verizon Cable ready. Separate laundry room. Separate equipment-supply/work room. 4 upper level units have balconies. All units have dual-paned windows. Storage cabinets & water heaters in garages.

Last Agent to Sell the Property

Betty Claude

Laguna Woods Properties License #00695836 Listed on: 05/22/2012

Last Buyer's Agent

Brice W. Head, MBA

Re/Max Commercial & Investment License #01330706

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,493 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 4,167 Sq Ft Home
  • Raised Hearth
  • Fireplace With Gas Starter

Utilities

  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 11 / 32
  • Tax Tract Number 6207
  • Assessor Parcel Number 4156014011

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $780
  • Gardener Expense $360
  • Insurance Expense $1,935
  • Trash Expense $984
  • Water Sewer Expense $1,200
  • Gross Income $4,850
  • Net Operating Income $45,944

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

7,493 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 4.59
  • View: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 4156014011
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: No
  • Fireplace Features: Gas Starter, Raised Hearth
  • Price Per Square Foot: 227.98

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Electric Water Heater
  • Trash Expense: 984.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7493.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 780.00
  • Gross Income: 4850.00
  • Gross Multiplier: 17.18
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 1935.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7493.0000 Square Feet
  • Net Operating Income: 45944.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Refrigerator: 5
  • Operating Expense: 12256.00

Tax Info

  • Tax Area: 8060
  • Tax Block: 32
  • Tax Lot: 11
  • Tax Tract Number: 6207

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
May 22, 2012
Closed on
May 9, 2012
Sold by
Claude George H and Claude Charlotte E
Bought by
Seller's Agent
Betty Claude
Laguna Woods Properties
Buyer's Agent
Brice W. Head, MBA
Re/Max Commercial & Investment
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%

Purchase Details

Closed on
Sep 23, 2006
Sold by
Claude Dolores and Dolores Claude Trust
Bought by
Claude George H and Claude Charlotte E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$950,000 Nat
Claude George H -- None Available
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 $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
05/22/2012 05/22/12 Sold $950,000 -5.0% $228 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $1,000,000 -- $240 / 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 $15,776 $1,217,105 $832,758 $384,347
2025 $15,776 $1,193,241 $816,430 $376,811
2024 $15,095 $1,169,845 $800,422 $369,423
2023 $14,836 $1,146,908 $784,728 $362,180
2022 $14,647 $1,124,421 $769,342 $355,079
2021 $14,332 $1,102,374 $754,257 $348,117
2019 $23,161 $1,889,249 $912,638 $976,611
2018 $22,562 $1,852,212 $894,744 $957,468
2016 $13,193 $1,007,986 $689,675 $318,311
2015 $12,961 $992,846 $679,316 $313,530
2014 $12,823 $973,399 $666,010 $307,389
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S698849

California Regional Multiple Listing Service (CRMLS)
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