NOT LISTED FOR SALE

Estimated Value: $658,268 - $754,000

6 Beds
4 Baths
2,972 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $320,000 $108 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,075/month

161 Days on Market

About This Home

As of May 2015

Unique Opportunity to own 4 Units. Great as an investment or live in one and rent the other 3. 2 units with 2 bed & 1 bath, and 2 units with 1 bed & 1 bath. Built in 1953. Lot size is 7,672 sq ft. Covered Parking for 4 cars. Rents is $750 for the 2 bedroom units and $600 for the 1 bedroom units. Exterior facia boards newly replaced. Newly painted interior and wood floors refinished in the 2 upstairs units. There is a large storage/tool room and a laundry room with washer & dryer hookup, available for tenants use.

Last Agent to Sell the Property

JERRY LAM

Nancy Lau License #01161441 Listed on: 03/11/2015

Last Buyer's Agent

Luis Basulto

DYNASTY REAL ESTATE License #01062046

DYNASTY REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,672 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,972 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 56
  • Assessor Parcel Number 0140172200000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $1,080
  • Water Sewer Expense $2,040
  • New Taxes Expense $2,252
  • Gross Income $2,700
  • Net Operating Income $24,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0140172200000
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 107.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7672.00
  • Lot Size Acres: 0.1760

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 7672.0000 Square Feet
  • Net Operating Income: 24400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2252.00
  • Tax Lot: 22
  • Tax Tract Number: 56
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 1, 2015
Sold by
Chavez Erika
Bought by
Lau Victoria
Seller's Agent
JERRY LAM
Nancy Lau
Buyer's Agent
Luis Basulto
DYNASTY REAL ESTATE
List Price
$324,990
Sold Price
$320,000
Premium/Discount to List
-$4,990
-1.54%
Current Estimated Value
$705,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,067
Avg. Annual Appreciation
7.63%
Original Mortgage
$314,204
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
Zamora Rosa
Bought by
Chavez Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,660
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2006
Sold by
Zamora Jesus
Bought by
Zamora Rosa

Purchase Details

Closed on
Oct 13, 2005
Sold by
Zamora Maria G
Bought by
Zamora Jesus and Zamora Rosa

Purchase Details

Closed on
Jan 5, 2005
Sold by
Shepherd Of Hills Church Laguna Niguel
Bought by
Zamora Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Hud
Bought by
Shepherd Hills Church Laguna Niguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,450
Interest Rate
5.92%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2004
Sold by
First Horizon Home Loan Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,450
Interest Rate
5.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2002
Sold by
Bolanos Josefa Naomy
Bought by
First Horizon Home Loan Corp and Ft Mtg Companies

Purchase Details

Closed on
Mar 13, 2002
Sold by
Bolanos Josefa Naomy
Bought by
Hall Rice & Associates

Purchase Details

Closed on
Nov 15, 2000
Sold by
Mariposa Investment Inc
Bought by
Bolanos Josefa Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,422
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1999
Sold by
Hud
Bought by
Mariposa Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.96%

Purchase Details

Closed on
Nov 27, 1998
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 26, 1997
Sold by
Zaragoza Teresa
Bought by
Orozco Maria Elena

Purchase Details

Closed on
Jul 16, 1997
Sold by
Orozco Maria Elena
Bought by
Zaragoza Teresa

Purchase Details

Closed on
Oct 21, 1996
Sold by
Hermosilla Carlos
Bought by
Orozco Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,742
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1996
Sold by
Coast Federal Bank Fsb
Bought by
Hermosilla Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.2%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Snyder Edward B and Snyder Lucile
Bought by
Coast Federal Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lau Victoria $320,000 Chicago Title Co
Chavez Erika $160,000 Lawyers Title
Zamora Rosa -- Commonwealthlandtitle Glenda
Zamora Jesus -- --
Zamora Maria G $289,000 Fidelity Nationaltitle Co
Shepherd Hills Church Laguna Niguel $219,000 Ticor Title Company
Hud -- First American
First Horizon Home Loan Corp $196,949 First American
Hall Rice & Associates -- --
Bolanos Josefa Naomi $185,000 United Title Company
Mariposa Investments Inc $81,500 Northern Counties Title
Hud -- Fidelity National Title Ins
First Nationwide Mtg Corp $144,039 Fidelity National Title Ins
Orozco Maria Elena -- --
Zaragoza Teresa -- --
Orozco Maria Elena $147,000 First American Title Ins Co
Hermosilla Carlos $70,000 First American Title Ins Co
Coast Federal Bank Fsb $88,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Victoria $314,204
Previous Owner Chavez Erika $154,660
Previous Owner Zamora Maria G $231,200
Previous Owner Shepherd Hills Church Laguna Niguel $230,450
Previous Owner Bolanos Josefa Naomi $182,422
Previous Owner Mariposa Investments Inc $107,000
Previous Owner Orozco Maria Elena $144,742
Previous Owner Hermosilla Carlos $64,000
Closed Zamora Maria G $43,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $320,000 -1.5% $108 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $324,990 -- $109 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,963 $384,595 $76,920 $307,675
2024 $4,860 $377,054 $75,412 $301,642
2023 $4,739 $369,660 $73,933 $295,727
2022 $4,749 $362,411 $72,483 $289,928
2021 $4,759 $355,305 $71,062 $284,243
2020 $4,773 $351,661 $70,333 $281,328
2019 $4,630 $344,766 $68,954 $275,812
2018 $4,577 $338,006 $67,602 $270,404
2017 $4,436 $331,378 $66,276 $265,102
2016 $4,303 $324,880 $64,976 $259,904
2015 $2,276 $171,845 $21,481 $150,364
2014 -- $168,479 $21,060 $147,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14216103

California Regional Multiple Listing Service (CRMLS)

APN: 0140-172-20

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