Seller's Agent in 2013
Michael Arp
Morgan Skenderian
(714) 262-8992
8 in this area
43 Total Sales
2038 N Park Ln Orange, CA 92865
9
Beds
6
Baths
4,394
Sq Ft
9,360
Sq Ft Lot
About This Home
As of October 2013The Park Lane Apartments, are a well maintained, Covington style 4-plex comprised of four nicely appointed units: 1 (3+2.5 TH), 1 (2+2), and 2 (2+1.5 TH). Constructed in 1975, the subject property has 4,394 rentable square feet and sits atop a 9,360 square foot lot. Three of the four units are townhome style with an upstairs downstairs floor plan. All 4 have enclosed patio areas and have access to a gated back yard area. There are 5 enclosed garages at the property (one is used for storage) along with two additional spaces. Each of the units is separately metered for gas and electric and has central A/C. An onsite laundry room brings in additional income.
Last Agent to Sell the Property
Morgan Skenderian License #01488586 Listed on: 07/18/2013
Last Buyer's Agent
Phu Vincent Nguyen
Bolsa Realty Group License #01268097
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 9,360 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- 2 Carport Spaces
Home Design
- Property Attached
Interior Spaces
- 4,394 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Tract Number 158
- Assessor Parcel Number 37213120
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $10,065
- Gross Income $6,045
- Net Operating Income $48,602
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2013 10/18/13 | Sold | $890,000 | -2.7% | $203 / Sq Ft |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- |
| 07/18/2013 07/18/13 | For Sale | $915,000 | -- | $208 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,156 | $1,091,013 | $819,029 | $271,984 |
| 2024 | $14,156 | $1,237,195 | $965,272 | $271,923 |
| 2023 | $13,839 | $1,212,937 | $946,345 | $266,592 |
| 2022 | $13,568 | $1,189,154 | $927,789 | $261,365 |
| 2021 | $13,195 | $1,165,838 | $909,597 | $256,241 |
| 2020 | $13,073 | $1,153,884 | $900,270 | $253,614 |
| 2019 | $12,912 | $1,131,259 | $882,617 | $248,642 |
| 2018 | $12,717 | $1,109,078 | $865,311 | $243,767 |
| 2017 | $12,197 | $1,087,332 | $848,344 | $238,988 |
| 2016 | $11,964 | $1,066,012 | $831,710 | $234,302 |
| 2015 | $10,319 | $907,782 | $681,474 | $226,308 |
| 2014 | -- | $890,000 | $668,125 | $221,875 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Arp
-
P
Buyer's Agent in 2013
Phu Vincent Nguyen
Bolsa Realty Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13142055
APN: 372-131-20
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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