NOT LISTED FOR SALE

2000 E Palmyra Ave Orange, CA 92866

Orange Area
8 Beds
4 Baths
3,294 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: August 20, 2018

Last sale price $1,050,000 $319 Per Sq Ft

25 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Ceramic Countertops
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits

About This Home

As of August 2018

This four unit building is located close to 55 fwy.,off Chapman, on a cul-de-sac. Close to shopping centers, schools, parks, restaurants, etc. The property is comprised of four 2BD/1BA units, all with one-car covered detached assigned garages, plus there is one additional garage that can be used by the owner or rented out for additional income. Each unit has A/C, gas wall heaters, updated kitchens, new appliances, new flooring, all new blinds, new screens and windows where needed, new paint, new lighting fixtures, ceiling fans, inside hook ups for washing machine and covered outside hookups for dryer. Each apartment has it's own private back yard patio. All units have wood fences in the back yard and large community fenced-in side yard. These units are in high demand for rent and cash flow.

Last Agent to Sell the Property

James Skawinski

First Team Real Estate License #00521530 Listed on: 06/28/2018

First Team Real Estate

Last Buyer's Agent

Daniel Krause

Century 21 Discovery License #02005285

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 12,000 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Fence is in good condition
  • Rectangular Lot
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 3,294 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry in Kitchen

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / C
  • Tax Tract Number 175
  • Assessor Parcel Number 39014111

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $360
  • Gardener Expense $600
  • Insurance Expense $1,669
  • Other Expense $50
  • Pest Control $516
  • Trash Expense $960
  • Water Sewer Expense $1,500
  • New Taxes Expense $11,750
  • Operating Expense $17,505
  • Gross Income $70,200
  • Net Operating Income $62,645

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.28 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 39014111
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Interior Amenities: Ceramic Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 318.76
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Asphalt, Garage Faces Front
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Pest Control Expense: 516.00
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Level
  • Lot Size Sq Ft: 12000.00

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 952 Square Feet
  • Electric Expense: 360.00
  • Garage Income: 1800.00
  • Gross Income: 70200.00
  • Gross Operating Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1669.00
  • Net Operating Income: 62645.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 5755.00
  • Other Expense: 50.00
  • Other Expense Description: Fire Ext
  • Rent Control: No
  • Total Actual Rent: 5700.00
  • Total Expenses: 17505.00

Tax Info

  • New Taxes Expense: 11750.00
  • Tax Block: C
  • Tax Census Tract: 758.06
  • Tax Lot: 5
  • Tax Tract Number: 175

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
Jun 28, 2018
Closed on
Aug 9, 2018
Sold by
Bought by
Seller's Agent
James Skawinski
First Team Real Estate
Buyer's Agent
Daniel Krause
Century 21 Discovery
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$670,888
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 17, 2013
Sold by
Bought by
Seller's Agent
Toby Thurlow
Thurlow & Associates Rlty
Buyer's Agent
James Skawinski
First Team Real Estate
List Price
$849,000
Sold Price
$824,900
Premium/Discount to List
-$24,100
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$322,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 7, 2013
Sold by
Bought by
Seller's Agent
Toby Thurlow
Thurlow & Associates Rlty
Buyer's Agent
James Skawinski
First Team Real Estate
List Price
$849,000
Sold Price
$824,900
Premium/Discount to List
-$24,100
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 6, 2013
Sold by
Bought by
Seller's Agent
Toby Thurlow
Thurlow & Associates Rlty
Buyer's Agent
James Skawinski
First Team Real Estate
List Price
$849,000
Sold Price
$824,900
Premium/Discount to List
-$24,100
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2012
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
$155,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2003
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
$203,000
Interest Rate
5.75%
Mortgage Type
Commercial
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
$1,050,000 Lawyers Title
$825,000 Lawyers Title
-- Accommodation
-- Accommodation
-- Accommodation
-- Pacific Coast Title Company
-- None Available
-- --
-- Southland 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 $787,500
Previous Owner $322,000
Previous Owner $237,150
Previous Owner $155,000
Previous Owner $203,000
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 Prior Sale
08/20/2018 08/20/18 Sold $1,050,000 -10.6% $319 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $1,175,000 +42.4% $357 / Sq Ft
05/31/2013 05/31/13 Sold $824,900 -2.8% $217 / Sq Ft View Prior Sale
04/13/2013 04/13/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $849,000 -- $223 / 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 $13,509 $1,194,717 $1,084,960 $109,757
2025 $13,207 $1,171,292 $1,063,687 $107,605
2024 $13,207 $1,148,326 $1,042,830 $105,496
2023 $12,911 $1,125,810 $1,022,382 $103,428
2022 $12,657 $1,103,736 $1,002,336 $101,400
2021 $12,310 $1,082,095 $982,683 $99,412
2020 $12,196 $1,071,000 $972,607 $98,393
2019 $12,047 $1,050,000 $953,536 $96,464
2018 $10,418 $892,756 $792,137 $100,619
2017 $9,997 $875,251 $776,604 $98,647
2016 $9,808 $858,090 $761,377 $96,713
2015 $9,665 $845,201 $749,940 $95,261
2014 $9,461 $828,645 $735,250 $93,395
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18155527

California Regional Multiple Listing Service (CRMLS)

APN: 390-141-11

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