NOT LISTED FOR SALE

Estimated Value: $382,142 - $546,000

2 Beds
3 Baths
2,697 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $127,000 $47 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,639/month

190 Days on Market

About This Home

As of March 2013

Incredible Investment Opportunity! Triplex on huge lot, Garage for each unit, Laundry Room(common),Single level units,Close to shopping, transportation and services.This property will generate positive cashflow, hurry this one will go fast!

Last Agent to Sell the Property

Adam Castaneda

Adam Castaneda, Broker License #01119316 Listed on: 07/27/2012

Last Buyer's Agent

Adam Castaneda

Adam Castaneda, Broker License #01119316 Listed on: 07/27/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1978

Lot Details

  • 0.74

Parking

  • 3 Car Garage

Home Design

  • 2,697 Sq Ft Home

Additional Features

  • Laundry Room
  • 0.74 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 3997
  • Assessor Parcel Number 3087452020000

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $220
  • Insurance Expense $800
  • Trash Expense $330
  • Water Sewer Expense $1,400
  • New Taxes Expense $1,700
  • Gross Income $1,950
  • Net Operating Income $1,950

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,144

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Parcel Number: 3087452020000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 47.09

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 330.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 32353.00
  • Lot Size Acres: 0.7430

Multi Family

  • Electric Expense: 220.00
  • Gross Income: 1950.00
  • Gross Scheduled Income: 1950.00
  • Insurance Expense: 800.00
  • Lot Size Area: 32353.0000 Square Feet
  • Net Operating Income: 1950.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1950.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1700.00
  • Tax Lot: 92
  • Tax Tract Number: 3997
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2013
Sold by
Tapia Leobardo Olivares
Bought by
Blandon Anibal and Blandon Doralina
Current Estimated Value
$464,036

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 14, 2012
Sold by
Torres Margarita
Bought by
Tapia Leobardo Olivares
Seller's Agent
RUBEN GALEANO
GREEN ROAD REALTY
Buyer's Agent
Adam Castaneda
Adam Castaneda, Broker
List Price
$143,000
Sold Price
$145,000
Premium/Discount to List
$2,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Roman Patricia N
Bought by
Torres Margarita and Torres Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Pearcy Nick
Bought by
Roman Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 29, 2005
Sold by
Anderson David H
Bought by
Pearcy Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 24, 2003
Sold by
Guerrero Javier
Bought by
Anderson David H and Anderson Maureen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Hope Greg
Bought by
Enriquez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
8.75%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Federal National Mortgage Association
Bought by
Hope Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.86%

Purchase Details

Closed on
Aug 19, 1996
Sold by
Forsgren Ralph K and Forsgren La Don H
Bought by
Federal National Mortgage Association
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
Blandon Anibal $127,000 Orange Coast Title Company
Tapia Leobardo Olivares $145,000 Orange Coast Title Company O
Torres Margarita $139,000 Fidelity National Title Co
Roman Patricia N $475,000 Southland Title Corporation
Pearcy Nick $399,000 Fidelity Natl Tustin
Pearcy Nick -- Fidelity Natl Tustin
Anderson David H $170,000 Chicago Title Co
Guerrero Javier -- Chicago Title Co
Enriquez Jorge $135,500 First American Title Ins Co
Hope Greg $45,500 First American Title Ins Co
Federal National Mortgage Association $104,685 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Margarita $97,300
Previous Owner Roman Patricia N $356,250
Previous Owner Pearcy Nick $319,200
Previous Owner Anderson David H $136,000
Previous Owner Enriquez Jorge $108,400
Previous Owner Hope Greg $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2013 03/18/13 Sold $127,000 -25.3% $47 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $169,900 +17.2% $63 / Sq Ft
03/23/2012 03/23/12 Sold $145,000 +1.4% $54 / Sq Ft View Prior Sale
03/05/2012 03/05/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $143,000 -- $53 / 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
2025 $2,144 $156,395 $30,788 $125,607
2024 $2,144 $153,328 $30,184 $123,144
2023 $2,121 $150,321 $29,592 $120,729
2022 $2,087 $147,374 $29,012 $118,362
2021 $2,041 $144,484 $28,443 $116,041
2020 $2,014 $143,002 $28,151 $114,851
2019 $1,976 $140,198 $27,599 $112,599
2018 $1,929 $137,449 $27,058 $110,391
2017 $1,901 $134,753 $26,527 $108,226
2016 $1,695 $132,111 $26,007 $106,104
2015 $1,670 $130,126 $25,616 $104,510
2014 $1,646 $127,577 $25,114 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: K12094377

California Regional Multiple Listing Service (CRMLS)

APN: 3087-452-02