NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,048,000

5 Beds
4 Baths
1,759 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $695,000 $395 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,107/month

50 Days on Market

Highlights

  • Attic
  • No HOA
  • Landscaped
  • Private Yard
  • Laundry Room
  • Block Wall Fence

About This Home

As of December 2019

Great investment with two houses in a lot in Santa Ana area. Front house 2226 facing in Cypress with 3 bedroom/2 baths. Back house 2228 facing in alley is 2 bedrooms/1.5 bath. Both units were totally remodeled with new kitchen cabinets with granite counter-tops, new interior & exterior paint, new dual pane windows, new toilets, new bathtubs, new roll-up garage door, tile flooring through-out. New landscaping front & back unit, new iron fences & sliding gate. Big lot divided by two with separate entries for privacy and many parking spaces. New tenants on both units(2226 Cypress' rent = $1900.00/Month, back unit 2228 Cypress' rent = $1800.00/Month. Tenants on both units pay all utilities including water.

Last Agent to Sell the Property

Duong Cao

DC Real Estate License #01239513 Listed on: 09/19/2019

Last Buyer's Agent

Frank Perry

Blink Real Estate License #01890967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,831

Year Built

  • Built in 1943

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Land Lease

Parking

  • 1 Car Garage
  • 5 Open Parking Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Fire Rated Drywall
  • Interior Block Wall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Attic

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities, electricity
  • Legal Lot and Block 31 / B
  • Tax Tract Number 638
  • Assessor Parcel Number 40314113

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,150
  • New Taxes Expense $7,645
  • Gross Income $44,400
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,831

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 40314113
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 395.11
  • Room Type: Attic

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage Faces Front, Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Average3 Bed Area: 1759 Square Feet
  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1150.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 31000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 1
  • Rent Control: No
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 7645.00
  • Tax Block: B
  • Tax Census Tract: 742.00
  • Tax Lot: 31
  • Tax Tract Number: 638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Castellon Jacqueline and Castellon Julio Cesar
Bought by
Castellon Family Trust
Current Estimated Value
$993,341

Purchase Details

Closed on
Sep 3, 2020
Sold by
Castellon Jacqueline and Castellon Julio Cesar
Bought by
Castellon Jacqueline and Castellon Julio Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 30, 2019
Sold by
Castellon Jacqueline
Bought by
Castellon Jacqueline and Castellon Julio Cesar
Seller's Agent
Duong Cao
DC Real Estate
Buyer's Agent
Frank Perry
Blink Real Estate
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$521,250
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 7, 2019
Sold by
Castellon Julio Cesar
Bought by
Castellon Jacqueline
Seller's Agent
Duong Cao
DC Real Estate
Buyer's Agent
Frank Perry
Blink Real Estate
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 5, 2019
Sold by
Thl Investment Llc
Bought by
Castellon Jacqueline
Seller's Agent
Duong Cao
DC Real Estate
Buyer's Agent
Frank Perry
Blink Real Estate
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2018
Sold by
Le Tuan Minh and Hoang Thi Thanh Tuyet
Bought by
Thl Investments Llc

Purchase Details

Listed on
Jul 28, 2016
Closed on
Aug 23, 2016
Sold by
Doan Duc
Bought by
Le Tuan Minh and Hoang Tuyet Thanh Thi
Seller's Agent
P C
Greenfield Realty
Buyer's Agent
Duong Cao
DC Real Estate
List Price
$579,000
Sold Price
$517,000
Premium/Discount to List
-$62,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jun 11, 2010
Sold by
Navas Raquel
Bought by
Doan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Andrade Jesus D and Andrade Maria Elena
Bought by
Navas Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2004
Sold by
Andrade Jesus D and Andrade Maria Elena
Bought by
Andrade Jesus D and Andrade 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
$438,750
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Castellon Family Trust -- None Listed On Document
Castellon Family Trust -- --
Castellon Jacqueline -- Corinthian Title Company
Castellon Jacqueline -- None Available
Castellon Jacqueline -- Fidelity Natl Ttl Orange Cnt
Castellon Jacqueline $695,000 Fidelity Natl Ttl Orange Cnt
Thl Investments Llc -- None Available
Le Tuan Minh $517,000 Fidelity National Title Co
Doan Duc $300,000 Chicago Title Company
Navas Raquel $680,000 Ticor Title
Andrade Jesus D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellon Jacqueline $548,000
Previous Owner Castellon Jacqueline $521,250
Previous Owner Doan Duc $150,000
Previous Owner Doan Duc $150,000
Previous Owner Navas Raquel $607,200
Previous Owner Navas Raquel $87,000
Previous Owner Navas Raquel $464,000
Previous Owner Andrade Jesus D $438,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $695,000 0.0% $395 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/07/2019 11/07/19 Off Market $695,000 -- --
09/19/2019 09/19/19 For Sale $695,000 +34.4% $395 / Sq Ft
08/25/2016 08/25/16 Sold $517,000 -5.8% $294 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/12/2016 08/12/16 Price Changed $549,000 -5.2% $312 / Sq Ft
07/28/2016 07/28/16 For Sale $579,000 -- $329 / 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 $8,831 $760,082 $685,882 $74,200
2024 $8,831 $745,179 $672,433 $72,746
2023 $8,614 $730,568 $659,248 $71,320
2022 $8,527 $716,244 $646,322 $69,922
2021 $8,327 $702,200 $633,649 $68,551
2020 $8,345 $695,000 $627,151 $67,849
2019 $6,442 $527,340 $468,205 $59,135
2018 $6,311 $527,340 $468,205 $59,135
2017 $6,258 $517,000 $459,024 $57,976
2016 $4,100 $324,677 $265,494 $59,183
2015 $4,048 $319,801 $261,506 $58,295
2014 $3,978 $313,537 $256,383 $57,154
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19222972

California Regional Multiple Listing Service (CRMLS)

APN: 403-141-13