NOT LISTED FOR SALE

212 S Park Ln Orange, CA 92866

Orange Area
6 Beds
3 Baths
3 Sq Ft
8,616 Sq Ft Lot

Sale Details

Date Sold: August 1, 2018

Last sale price $880,000 $293,333 Per Sq Ft

99 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No Interior Steps
  • Block Wall Fence
  • Laundry Room
  • Greenbelt
  • Heating System Uses Natural Gas

About This Home

As of August 2018

BACK ON THE MARKET!! GREAT OPPORTUNITY TO PURCHASE A 3 UNIT APARTMENT COMPLEX IN THE CITY OF ORANGE. QUICK ACCESS TO FREEWAYS, SHOPPING. WHILE OFFERING 2 BEDROOMS 1 BATHROOMS EACH ALL SINGLE STORY UNITS WITH ONE CAR ATTACHED GARAGE. NEW WINDOWS, 3 MONTHS OLD ROOF, TILE FLOORS. SEPARATELY METERED FOR GAS AND ELECTRIC. LONG TERMS TENANTS IN ALL UNITS.
***TENANTS UNAWARE OF SALE, DO NOT DISTURBED TENANTS***

Last Agent to Sell the Property

Yolanda Solorio

Seven Gables Real Estate License #01237788 Listed on: 03/19/2018

Seven Gables Real Estate

Last Buyer's Agent

Sarah Dung Ha

Professional R.E. Center, Inc. License #01520784

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,616 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Formica Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 4059
  • Assessor Parcel Number 39050103

Community Details

Overview

  • 3 Units
  • Greenbelt

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Trash Expense $116
  • Water Sewer Expense $180
  • Operating Expense $296
  • Gross Income $45,048
  • Net Operating Income $45,048

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

8,616 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Triplex
  • Water Sewer Expenses: 180.00
  • Property Type: Residential Income
  • Parcel Number: 39050103
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Cooktop, Gas Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 116.00
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Sprinklers In Front
  • Lot Size Sq Ft: 8616.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 45048.00
  • Gross Scheduled Income: 48600.00
  • Net Operating Income: 45048.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3552.00
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 296.00

Tax Info

  • Tax Census Tract: 758.06
  • Tax Lot: 6
  • Tax Tract Number: 4059

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

Closed on
Jul 2, 2023
Sold by
Nguyen Tam and Nguyen Sarah
Bought by

Purchase Details

Closed on
Mar 22, 2021
Sold by
Nguyen Tam and Ha Sarah
Bought by
Ha Sarah and Nguyen Tam

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 25, 2018
Sold by
Perez Refugio Cortz and Cortez Teresa Rosas De
Bought by
Nguyen Tam and Ha Sarah
Seller's Agent
Yolanda Solorio
Seven Gables Real Estate
Buyer's Agent
Sarah Dung Ha
Professional R.E. Center, Inc.
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Serrato Roberto and Cortez Heriberto
Bought by
Serrato Roberto

Purchase Details

Closed on
Oct 24, 2012
Sold by
Perez Refugio Cortez and De Cortez Teresa Rosas
Bought by
Perez Refugio Cortez and Decortez Teresa Rosas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,600
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Serrato Carmen
Bought by
Serrato Roberto

Purchase Details

Closed on
Aug 15, 2011
Sold by
Serrato Roberto
Bought by
Serrato Roberto and Cortez Heriberto

Purchase Details

Closed on
Apr 9, 2009
Sold by
Cortez Refugio
Bought by
Cortez Refugio and Cortez Teresa Rosas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2003
Sold by
Cortez Cornelio
Bought by
Cortez Rufugio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Cortez Teresa
Bought by
Cortez Refugio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2001
Sold by
Roelofs Judy
Bought by
Cortez Refugio and Cortez Cornelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
7.15%
Mortgage Type
FHA
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
-- Stewart Title
Ha Sarah -- None Available
Nguyen Tam $880,000 First American Title
Serrato Roberto -- None Available
Perez Refugio Cortez -- First American Els
Serrato Roberto -- None Available
Serrato Roberto -- None Available
Cortez Refugio -- Fidelity National Title Mclp
Cortez Refugio -- Fidelity National Title
Cortez Rufugio -- Fidelity National Title
Cortez Refugio -- Chicago Title Co
Cortez Refugio $291,000 Chicago Title Co
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
Previous Owner $730,000
Previous Owner Nguyen Tam $510,000
Previous Owner Nguyen Tam $51,000
Previous Owner Nguyen Tam $510,000
Previous Owner Perez Refugio Cortez $260,600
Previous Owner Cortez Refugio $268,000
Previous Owner Cortez Rufugio $276,500
Previous Owner Cortez Refugio $269,787
Previous Owner Cortez Refugio $265,828
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
08/01/2018 08/01/18 Sold $880,000 0.0% $293,333 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $880,000 -7.4% $293,333 / Sq Ft
06/18/2018 06/18/18 For Sale $950,000 0.0% $316,667 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/21/2018 04/21/18 Price Changed $950,000 -13.6% $316,667 / Sq Ft
03/19/2018 03/19/18 For Sale $1,100,000 -- $366,667 / 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 $11,236 $1,001,287 $913,813 $87,474
2025 $10,986 $981,654 $895,895 $85,759
2024 $10,986 $962,406 $878,328 $84,078
2023 $10,741 $943,536 $861,106 $82,430
2022 $10,531 $925,036 $844,222 $80,814
2021 $10,241 $906,899 $827,669 $79,230
2020 $10,146 $897,600 $819,182 $78,418
2019 $10,021 $880,000 $803,119 $76,881
2018 $4,813 $385,369 $279,922 $105,447
2017 $4,628 $377,813 $274,433 $103,380
2016 $4,542 $370,405 $269,052 $101,353
2015 $4,475 $364,842 $265,011 $99,831
2014 $4,381 $357,696 $259,820 $97,876
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18063373

California Regional Multiple Listing Service (CRMLS)

APN: 390-501-03

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