229 E Valencia Dr Unit A-C Fullerton, CA 92832
Downtown Fullerton NeighborhoodEstimated Value: $1,134,000 - $1,946,000
6
Beds
3
Baths
2,900
Sq Ft
$544/Sq Ft
Est. Value
About This Home
As of January 2021Exciting investment opportunity! This modern and fully remodeled triplex will inspire anyone looking for a smart investment in an excellent area. The three units are light-filled and immaculate with on-trend finishes throughout, conveniently located within a short distance many would take advantage of from CalState Fullerton, Fullerton College, and Downtown Fullerton. All of the units have new gas and electrical, metered individually. Unit A sits at the front of the lot and offers two bedrooms, one full bathroom and open-plan living, dining and kitchen area within the 1,227 approx. sq ft. layout. It's also equipped with a one-car garage, a two-car carport, and a driveway with even more parking space. Unit B is set in the middle and offers 800 approx. sq ft, including two bedrooms, one full bathroom, open-plan living, dining and kitchen, plus a two-car garage. Unit C is brand new construction and set at the rear of the lot, elevated above the brand new four-car garage. Two bedrooms, one full bathroom, plus a living room, dining area and kitchen await the new resident of this 873 approx. sq ft, unit. Come see it all before it's gone for good!
Last Agent to Sell the Property
RE/MAX TIME REALTY License #01413027 Listed on: 07/13/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,250
Year Built
- Built in 1955
Lot Details
- 6,233 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 5 Car Garage
- 2 Carport Spaces
Home Design
- 2,900 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 587
- Assessor Parcel Number 03305316
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2020
Closed on
Nov 23, 2020
Sold by
Limon Gerardo
Bought by
Daniel Kenny and Daniel Leah
Seller's Agent
Alex Ortiz
RE/MAX TIME REALTY
List Price
$1,500,000
Sold Price
$1,365,000
Premium/Discount to List
-$135,000
-9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,530
Avg. Annual Appreciation
-0.04%
Original Mortgage
$975,000
Outstanding Balance
$883,892
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$478,385
Purchase Details
Closed on
Oct 10, 2017
Sold by
Martinez Edward
Bought by
Limon Gerardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2005
Sold by
Martinez Edward and Martinez Edward James
Bought by
Martinez Edward
Similar Homes in Fullerton, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daniel Kenny | $1,365,000 | Chicago Title Company | |
| Limon Gerardo | $500,000 | Old Republic Title Co | |
| Martinez Edward | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daniel Kenny | $975,000 | |
| Previous Owner | Limon Gerardo | $150,000 | |
| Previous Owner | Limon Gerardo | $900,000 | |
| Previous Owner | Gerardo V | $66,666 | |
| Previous Owner | Limon Gerardo | $66,666 | |
| Previous Owner | Linnon Gerardo | $66,666 | |
| Previous Owner | Limon Gerardo | $375,000 | |
| Previous Owner | Martinez Edward | $201,600 | |
| Previous Owner | Martinez Edward | $210,000 | |
| Previous Owner | Martinez Edward James | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2021 01/06/21 | Sold | $1,365,000 | -4.5% | $471 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | Price Changed | $1,430,000 | -4.7% | $493 / Sq Ft |
| 08/20/2020 08/20/20 | For Sale | $1,500,000 | +9.9% | $517 / Sq Ft |
| 08/19/2020 08/19/20 | Off Market | $1,365,000 | -- | -- |
| 07/13/2020 07/13/20 | For Sale | $1,500,000 | -- | $517 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,250 | $1,448,548 | $1,147,513 | $301,035 |
| 2023 | $15,861 | $1,296,000 | $1,006,653 | $289,347 |
| 2022 | $15,761 | $1,392,300 | $1,102,953 | $289,347 |
| 2021 | $8,932 | $758,148 | $493,857 | $264,291 |
| 2020 | $8,882 | $750,375 | $488,793 | $261,582 |
| 2019 | $6,942 | $576,511 | $479,209 | $97,302 |
| 2018 | $5,899 | $500,000 | $469,812 | $30,188 |
| 2017 | $924 | $40,628 | $18,212 | $22,416 |
| 2016 | $909 | $39,832 | $17,855 | $21,977 |
| 2015 | $889 | $39,234 | $17,587 | $21,647 |
| 2014 | $867 | $38,466 | $17,243 | $21,223 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Ortiz
Seller's Agent in 2021
Alex Ortiz
RE/MAX
(949) 774-8692
1 in this area
53 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV20138112
APN: 033-053-16
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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