NOT LISTED FOR SALE

218 S Hewes St Orange, CA 92869

Estimated Value: $997,000 - $1,171,000

6 Beds
4 Baths
2,400 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $765,000 $319 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,471/month

18 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Forced Air Heating and Cooling System
  • El Modena High School Rated A-
  • Landscaped
  • 4 Car Garage

About This Home

As of May 2017

Great Investment Opportunity- 218 S Hewes street is a spacious duplex located in a great location, close to schools, freeways, shopping,and entertainment. The property consists of 2- 3 bedroom / 1.75 bathroom units. The front unit is an original craftsman home that was originally located where the Army Navy Store in the Orange Circle is located today. The property was moved and converted into this stylish duplex. The back house is a townhouse. Recent improvements include exterior paint, and granite counter tops in both kitchens. Each unit has an attached two car garage, small private yard or entry, washer dryer hook-ups in your unit, central air conditioning/heat, as well as separate gas and electric meters for each unit. The property has great curb appeal with well-maintained landscaping. All units currently have tenants please do not disturb. Two duplexes sold together (212 S Hewes Street apn-39218205 and 218 S Hewes Street apn-39218206)

Last Agent to Sell the Property

G Gillon

36th Street Realty, Inc License #01904579 Listed on: 04/10/2017

Last Buyer's Agent

Sunny Kim

New Star Realty & Investment License #01740468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,744

Year Built

  • Built in 1990

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Patio Home
  • Property Attached

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / b
  • Tax Tract Number 765
  • Assessor Parcel Number 39218206

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,407
  • Trash Expense $310
  • Water Sewer Expense $2,646
  • New Taxes Expense $2,343
  • Operating Expense $10,538
  • Gross Income $43,800
  • Net Operating Income $33,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,744

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 2646.00
  • Property Type: Residential Income
  • Parcel Number: 39218206
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 318.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Trash Expense: 310.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Patio Home, Yard
  • Lot Size Sq Ft: 5663.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1407.00
  • Net Operating Income: 33262.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10538.00
  • Rent Control: No
  • Total Expenses: 10538.00

Tax Info

  • New Taxes Expense: 2343.00
  • Tax Block: b
  • Tax Census Tract: 219.13
  • Tax Lot: 11
  • Tax Tract Number: 765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 2, 2017
Sold by
Woolsey David J and Woolsey Patricia J
Bought by
Chang Young Sun and Chang Grace
Seller's Agent
G Gillon
36th Street Realty, Inc
Buyer's Agent
Sunny Kim
New Star Realty & Investment
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%
Current Estimated Value
$1,081,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,313
Avg. Annual Appreciation
4.20%
Original Mortgage
$485,000
Outstanding Balance
$402,865
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$678,448

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 23, 2017
Sold by
Chang Woon Yong
Bought by
Chang Young Sun
Seller's Agent
G Gillon
36th Street Realty, Inc
Buyer's Agent
Sunny Kim
New Star Realty & Investment
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$402,865
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$678,448

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 6, 2017
Sold by
Nash Lorie
Bought by
Nash Bryan Edward
Seller's Agent
G Gillon
36th Street Realty, Inc
Buyer's Agent
Sunny Kim
New Star Realty & Investment
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$402,865
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$678,448

Purchase Details

Closed on
Jun 6, 2008
Sold by
Woolsey David and Woolsey Patty
Bought by
Woolsey David J and Woolsey Patricia J

Purchase Details

Closed on
Nov 12, 2003
Sold by
Woolsey David and Woolsey Patty
Bought by
Woolsey David and Woolsey Patty

Purchase Details

Closed on
Sep 16, 2003
Sold by
Nash Bryan Edward and Nash Angela Maria
Bought by
Nash Bryan Edward

Purchase Details

Closed on
Jul 14, 2003
Sold by
Woolsey David J and Woolsey Patricia J
Bought by
Woolsey David J and Woolsey Patricia J

Purchase Details

Closed on
Aug 25, 2001
Sold by
Woolsey David and Woolsey Patty
Bought by
Woolsey David J and Woolsey Patricia J
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
Chang Young Sun $765,000 Western Resources Title Comp
Chang Young Sun -- Western Resources Title Comp
Nash Bryan Edward -- Western Resources Title Comp
Woolsey David J -- None Available
Woolsey David -- Southland Title Corporation
Nash Bryan Edward -- Southland Title
Woolsey David J -- --
Woolsey David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Young Sun $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $765,000 -1.8% $319 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $779,000 -- $325 / 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 $9,744 $887,845 $749,711 $138,134
2024 $9,744 $870,437 $735,011 $135,426
2023 $9,529 $853,370 $720,599 $132,771
2022 $9,345 $836,638 $706,470 $130,168
2021 $9,084 $820,234 $692,618 $127,616
2020 $9,001 $811,824 $685,516 $126,308
2019 $8,888 $795,906 $672,074 $123,832
2018 $8,753 $780,300 $658,896 $121,404
2017 $2,909 $234,779 $105,161 $129,618
2016 $2,855 $230,176 $103,099 $127,077
2015 $2,813 $226,719 $101,550 $125,169
2014 $2,754 $222,278 $99,560 $122,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17076878

California Regional Multiple Listing Service (CRMLS)

APN: 392-182-06