NOT LISTED FOR SALE

224 N Princeton Ave Fullerton, CA 92831

Estimated Value: $1,071,000 - $1,282,000

6 Beds
3 Baths
2,030 Sq Ft
$597/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $1,125,800 $555 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,417/month

21 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • 1-Story Property
  • Fullerton Union High School Rated A
  • Back and Front Yard

About This Home

As of August 2022

Charming Fullerton Duplex. Front unit is a 3 bedroom, 1 bath with approximately 1002 square feet. The back unit, above the garages, is a 3 bedroom, 2 bath with approximately 1028 square feet. Back unit is believed to have been built in 1991. Both units have their own detached 2 car garage. These homes sit on a 6,098 sq foot lot, conveniently located across from Fullerton College and near Downtown Fullerton. Cal State Fullerton is less than 5 minutes away. Both units are on their own gas and water meters. The roof is approximately 15 years old. Termite work was completed a few months ago. Windows have been replaced on the front unit. Front unit has a new water heater. Fire pit located in the middle of the two homes.

Last Agent to Sell the Property

Michelle Lynch

Compass License #01476112 Listed on: 05/26/2022

Compass

Last Buyer's Agent

Leland Wilson

Horizons Realty Group License #01006544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,788

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 290
  • Assessor Parcel Number 03312304
  • $501 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $300
  • Operating Expense $13,000
  • Gross Income $6,800
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,788

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 550000
  • Property Attached: No
  • Subdivision Name Other: unknown
  • Property Type: Residential Income
  • Parcel Number: 03312304
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 554.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 6800.00
  • Gross Scheduled Income: 68000.00
  • Insurance Expense: 300.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 55000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 13000.00
  • Rent Control: No
  • Total Expenses: 13000.00

Tax Info

  • Tax Census Tract: 114.03
  • Tax Lot: 24
  • Tax Tract Number: 290
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Knaus Family Living Trust
Bought by
Joe Gutierrez Venegas And Anita Venegas Famil
Current Estimated Value
$1,160,018

Purchase Details

Closed on
Feb 22, 2013
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,600
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2011
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2005
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2005
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 29, 1999
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 1995
Sold by
Knaus Robert H and Knaus Constance S
Bought by
Knaus Robert H and Knaus Constance S
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
Joe Gutierrez Venegas And Anita Venegas Famil $1,126,000 Chicago Title
Knaus Robert H -- Accommodation
Knaus Robert H -- Accommodation
Knaus Robert H -- First American Title Company
Knaus Robert H -- First American Title Company
Knaus Robert H -- First American Title Company
Knaus Robert H -- --
Knaus Robert H -- United Title Company
Knaus Robert H -- --
Knaus Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knaus Robert H $179,600
Previous Owner Knaus Robert H $180,600
Previous Owner Knaus Robert H $190,000
Previous Owner Knaus Robert H $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,125,800 +2.3% $555 / Sq Ft
06/07/2022 06/07/22 For Sale $1,100,000 -2.3% $542 / Sq Ft
06/03/2022 06/03/22 Off Market $1,125,800 -- --
05/26/2022 05/26/22 For Sale $1,100,000 -- $542 / 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 $12,788 $1,171,282 $1,000,107 $171,175
2024 $12,788 $1,148,316 $980,497 $167,819
2023 $12,483 $1,125,800 $961,271 $164,529
2022 $2,543 $188,868 $30,385 $158,483
2021 $2,501 $185,165 $29,789 $155,376
2020 $2,485 $183,267 $29,484 $153,783
2019 $2,430 $179,674 $28,906 $150,768
2018 $2,395 $176,151 $28,339 $147,812
2017 $2,357 $172,698 $27,784 $144,914
2016 $2,311 $169,312 $27,239 $142,073
2015 $2,251 $166,769 $26,830 $139,939
2014 $2,189 $163,503 $26,305 $137,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22112742

California Regional Multiple Listing Service (CRMLS)

APN: 033-123-04