NOT LISTED FOR SALE

224 E Clifton Ave Unit 224 Anaheim, CA 92805

Southeast Anaheim Neighborhood
8 Beds
4 Baths
3,831 Sq Ft
1965 Built

Sale Details

Date Sold: April 28, 2016

Last sale price $720,000 $188 Per Sq Ft

74 Days on Market

About This Home

As of April 2016

OUTSTANDING CASH FLOW OPPORTUNITY! Condo 4 plex. All units Spacious 2 bedroom, 1.75 baths (approx. 957 sq.ft. each) with Patios & Fireplaces. Association pool and spa. High Demand rental area in BOOMING Anaheim.....Disneyland Close, Freeway Close, Tenants can walk to WalMart and Western Medical. Existing rents LOW.... 2 BR. 2BA units across street rent for $1495 (average 940 sq.ft.). HOA includes Insurance/Gardener/Exterior Maintenance (paint, roof, common area), Gated Pool & Spa/Landscape, etc. Tenants pay Electric & Gas. Excellent Cap Rate with Upside Potential!

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 02/01/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Michael Thornton

Pacific Sotheby's Int'l Realty License #01236638

Last Buyer's Agent

Sue Altowaiji

Greystone Realty Group License #01254220

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

HOA Fees

  • $1,045 Monthly HOA Fees

Home Design

  • 3,831 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 16 Parking Spaces
  • 4 Carport Spaces

Pool

  • Private Pool

Lot Details

  • Two or More Common Walls
  • Landscaped

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10013
  • Assessor Parcel Number 93579011

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Other Expense $12,540
  • Water Sewer Expense $2,940
  • New Taxes Expense $9,500
  • Gross Income $5,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

HOA Fees

$1,045 per month

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2940.00
  • Property Type: Residential Income
  • Parcel Number: 93579011
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.94

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1045.00
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped

Multi Family

  • Gross Income: 5250.00
  • Gross Scheduled Income: 63000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Other Expense: 12540.00
  • Other Expense Description: HOA
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Lot: 1
  • Tax Tract Number: 10013

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
Jan 7, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by
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
-- None Available
$720,000 Title365 Company
-- None Available
$475,000 First American Title Company
-- Accommodation
$775,000 Multiple
-- --
-- American Title Co
-- --
$345,000 Fidelity National Title
$345,000 Fidelity National Title Co
$185,000 Orange Coast 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
Open $300,000
Previous Owner $620,000
Previous Owner $500,000
Previous Owner $250,000
Previous Owner $240,000
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
04/28/2016 04/28/16 Sold $720,000 -5.1% $188 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $759,000 -- $198 / 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 $10,775 $869,377 $663,301 $206,076
2025 $10,238 $852,331 $650,295 $202,036
2024 $10,238 $835,619 $637,544 $198,075
2023 $10,018 $819,235 $625,043 $194,192
2022 $9,886 $803,172 $612,787 $190,385
2021 $9,900 $787,424 $600,772 $186,652
2020 $9,857 $779,350 $594,611 $184,739
2019 $9,572 $764,069 $582,952 $181,117
2018 $9,378 $749,088 $571,522 $177,566
2017 $9,018 $734,400 $560,315 $174,085
2016 $6,461 $494,111 $329,679 $164,432
2015 $6,401 $486,689 $324,726 $161,963
2014 $6,028 $477,156 $318,365 $158,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16020916

California Regional Multiple Listing Service (CRMLS)

APN: 935-790-11

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