NOT LISTED FOR SALE

Estimated Value: $718,586 - $1,290,000

2 Beds
1 Bath
3,847 Sq Ft
0.28 Acres

Last Sold July 09, 2024

Last sale price $1,250,000 $325 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $5,782/month

324 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Wrought Iron Fence
  • 0.28 Acre Lot
  • Laundry Room
  • Rectangular Lot

About This Home

As of July 2024

Redevelopment potential: 12,348 SF CSM/R2 zoned sites, in the heart of the Historical South Main Commercial District. Site has dual access from both Main Street and Sycamore Street. Fixer, Ranch Style, permitted 2 bed/1 bath home functions as 4 Bed/2 Bath home with over 1,100 SF of gross living area on a 6,250 SF Lot in a quiet South Main Historic District area. Enjoy cool evenings on the large covered front porch (255 SF) overlooking a private, fenced front yard with mature landscaping. Enjoy family gatherings on the large covered rear patio (369 SF). Gated driveway for secure parking. See MLS #LG23120921 for more details on the Commercial Building & Apartment offered together with this home for $1,400,000 for 12,348 SF site and 4,387 SF of gross building area; (zoning: CSM on Main St. R2 on Sycamore St.) perfect for total redevelopment site. Bring your unique business, art studio, or workshop to a live/work location in Central Orange County. Great for owner user to live on site in the SFR, rent the apartment and or house, use the commercial building for a business or rent it out as income producing investment property. Investors delight: rent all three separately to maximize rents or together to make things simple.

Last Agent to Sell the Property

Paul Marchi

Engel & Völkers Brokerage Phone: 714-429-0023 License #01804886 Listed on: 07/11/2023

Engel & Völkers

Last Buyer's Agent

Paul Marchi

Engel & Völkers Brokerage Phone: 714-429-0023 License #01804886 Listed on: 07/11/2023

Engel & Völkers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $863

Year Built

  • Built in 1923

Lot Details

  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot
  • 01506408

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,847 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms | 4 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / A
  • Tax Tract Number 289
  • Assessor Parcel Number 01506403
  • $364 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$863

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Santa Ana Memorial Park
  • View: No
  • Zoning: R2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 01506403
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3847.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 324.93

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway - Combination, Gated
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Radiant
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Santa Ana Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 01506408
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size: 50' X 124'
  • Lot Size Sq Ft: 12348.00
  • Lot Size Acres: 0.2835
  • Latitude Manual: 33.72302200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12348.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 742.00
  • Tax Lot: 9
  • Tax Tract Number: 289
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jun 25, 2024
Sold by
Ayala Carmen
Bought by
Ayala Douglas V
Seller's Agent
Paul Marchi
Engel & Völkers
Buyer's Agent
Paul Marchi
Engel & Völkers
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
844
Current Estimated Value
$1,030,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,138
Avg. Annual Appreciation
-17.07%
Original Mortgage
$484,000
Outstanding Balance
$480,302
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$550,560

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jun 14, 2024
Sold by
Coburn Jo Ann M and Declaration Of Trust Of Harry Coburn
Bought by
Ayala Douglas V
Seller's Agent
Paul Marchi
Engel & Völkers
Buyer's Agent
Paul Marchi
Engel & Völkers
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$480,302
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$550,560

Purchase Details

Closed on
Nov 5, 1998
Sold by
Joann Coburn
Bought by
Coburn Joann M and Trust Of Harry Coburn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.54%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Coburn Joann M
Bought by
Coburn Joann M and Trust Of Harry Coburn
Source: Public Records

Range of Values:

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Average Value
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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
Ayala Douglas V -- Chicago Title
Ayala Douglas V $550,000 Chicago Title
Coburn Joann M -- Fidelity National Title Ins
Coburn Joann M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Douglas V $484,000
Previous Owner Coburn Joann M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $1,250,000 -10.7% $325 / Sq Ft
07/02/2024 07/02/24 For Sale $1,400,000 0.0% $364 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $1,400,000 0.0% $364 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
07/11/2023 07/11/23 For Sale $1,400,000 -- $364 / 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
2024 $863 $42,505 $26,458 $16,047
2023 $838 $41,672 $25,939 $15,733
2022 $823 $40,855 $25,430 $15,425
2021 $807 $40,054 $24,931 $15,123
2020 $804 $39,644 $24,676 $14,968
2019 $795 $38,867 $24,192 $14,675
2018 $773 $38,105 $23,717 $14,388
2017 $765 $37,358 $23,252 $14,106
2016 $753 $36,626 $22,796 $13,830
2015 $742 $36,076 $22,453 $13,623
2014 $728 $35,370 $22,013 $13,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23124456

California Regional Multiple Listing Service (CRMLS)

APN: 015-064-03