NOT LISTED FOR SALE

225 E Valencia Dr Fullerton, CA 92832

Downtown Fullerton Neighborhood

Estimated Value: $809,000 - $942,000

4 Beds
2 Baths
1,764 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $520,000 $295 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,124/month

6 Days on Market

About This Home

As of May 2016

Two on a lot, front unit has two bedrooms and one bathroom, newer windows, tile counter top, tile flooring, freshly painted. Long term tenant in the back unit has two bedrooms, new kitchen cabinets, freshly painted and one bathroom. These units are separately metered for gas and electricity. Right across from school, near down town, shopping, public transportation, and restaurants, easy freeway access. Easy to rent, easy to manage.

Last Agent to Sell the Property

Jorge Martinez

Jam Realty License #01213945 Listed on: 03/22/2016

Last Buyer's Agent

Jordan Martin

Realty ONE Group Complete License #02360436

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,283 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • 1,764 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 587
  • Assessor Parcel Number 03305313

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $340
  • New Taxes Expense $551

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 340.00
  • Property Type: Residential Income
  • Parcel Number: 03305313
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 294.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7283.00
  • Price Per Lot Square Foot: 71.40

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • New Taxes Expense: 551.00
  • Tax Lot: 1
  • Tax Tract Number: 587

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Nge Henry
Bought by
Henry Nge Trust
Current Estimated Value
$867,046

Purchase Details

Listed on
Mar 22, 2016
Closed on
Apr 26, 2016
Sold by
Haas Steven and Haas Karen
Bought by
Nge Henry
Seller's Agent
Jorge Martinez
Jam Realty
Buyer's Agent
Jorge Martinez
Jam Realty
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$390,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Henry Nge Trust -- --
Nge Henry $520,000 Fatco
Haas Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nge Henry $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $520,000 -1.7% $295 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $529,000 -- $300 / 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 $6,978 $615,572 $530,204 $85,368
2024 $6,978 $603,502 $519,807 $83,695
2023 $6,808 $591,669 $509,615 $82,054
2022 $6,761 $580,068 $499,622 $80,446
2021 $6,645 $568,695 $489,826 $78,869
2020 $6,608 $562,864 $484,803 $78,061
2019 $6,439 $551,828 $475,297 $76,531
2018 $6,343 $541,008 $465,977 $75,031
2017 $6,238 $530,400 $456,840 $73,560
2016 $3,484 $277,563 $179,337 $98,226
2015 $3,390 $273,394 $176,643 $96,751
2014 $3,295 $268,039 $173,183 $94,856
Source: Public Records

Agents Affiliated with this Home

  • Jorge Martinez

    Seller's Agent in 2016

    Jorge Martinez

    Jam Realty

    (714) 423-1993

    28 Total Sales

    Jorge Martinez
    Section Image

  • J

    Buyer's Agent in 2016

    Jordan Martin

    Realty ONE Group Complete

    (916) 435-0404

    14 Total Sales

    Jordan Martin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16059572

California Regional Multiple Listing Service (CRMLS)

APN: 033-053-13

California Orange County Fullerton 92832 Downtown Fullerton

225 E Valencia Dr, Fullerton, CA

Not Listed for Sale

MultiFamily

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