NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,094,000

7 Beds
3 Baths
2,700 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $689,000 $255 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,862/month

17 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Central Heating and Cooling System
  • Fullerton Union High School Rated A-
  • Laundry Room

About This Home

As of June 2015

Arts & Craft style style built in 1910 & 1917, two house with total 3-car garage. You can live one and rent others. It has a long drive way and alley access for back unit. Seller spent more than $70,000 for upgrades.
Front house has 4 bedrooms, 2 baths, 1800sf. Back house has 3 bedrooms, 1 bath, 910 sf. Both unit have new espresso kitchen cabinets, quartz counter top, new hardware, new stainless steel appliances, new stainless steel sink, one big sink, new faucets. New laminated floor in front unit and back unit has tile floor. Both kitchen has beautiful tile floors. Front unit - Master has a deck for view of town, new kitchen, new custom bath, new stove, new stair case & New C/A & Furnace. Front unit also has Fire place is in living room & basement. Back unit- New kitchen, tile floor, new stove, new shower pan, new double pane windows & new air conditioning. If buyer is putting 20% down, payment is $2673+ $700 property tax+$100 insurance-$1700 back unit rent = $1773 as total payment. If your client pays cash for this property, it will be rate of return is 5% + this building. Very good investment for buyer or investor.

Last Agent to Sell the Property

Jamie Yiang

2020 Realty & Investment License #00867911 Listed on: 05/21/2015

Last Buyer's Agent

Jamie Yiang

2020 Realty & Investment License #00867911 Listed on: 05/21/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,030 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,700 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Two Homes on a Lot
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 276
  • Assessor Parcel Number 03304409

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $450
  • Water Sewer Expense $2,100
  • New Taxes Expense $8,400
  • Gross Income $4,000
  • Net Operating Income $32,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 03304409
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Levels: Two

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9030.00
  • Price Per Lot Square Foot: 76.30
  • Lot Size Acres: 0.2070

Multi Family

  • Average2 Bed Area: 900
  • Average3 Bed Area: 1900
  • Electric Expense: 1800.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9030.0000 Square Feet
  • Net Operating Income: 32250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 15750.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Lot: 5
  • Tax Tract Number: 276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Khaled Shahdan
Bought by
Khaled Shahdan
Current Estimated Value
$972,585

Purchase Details

Listed on
May 21, 2015
Closed on
May 6, 2015
Sold by
Nl Investments Inc
Bought by
Khaled Shahdan
Seller's Agent
Jamie Yiang
2020 Realty & Investment
Buyer's Agent
Jamie Yiang
2020 Realty & Investment
List Price
$699,900
Sold Price
$689,000
Premium/Discount to List
-$10,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$200,000
Outstanding Balance
$72,024
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$900,561

Purchase Details

Closed on
Oct 3, 2014
Sold by
Negrete Eduardo and Negrete Diana
Bought by
N L Investments Inc

Purchase Details

Closed on
Nov 26, 2001
Sold by
Villegas Elvira P and Perez Jose Luis
Bought by
Negrete Eduardo and Negrete Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1999
Sold by
Villegas Elvira P and Perez Jose Luis
Bought by
Perez Jose Luis and Villegas Elvira P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khaled Shahdan -- None Available
Khaled Shahdan $689,000 Chicago Title Company
N L Investments Inc $425,000 Accommodation
Negrete Eduardo $246,000 Commerce Title
Perez Jose Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaled Shahdan $200,000
Previous Owner Negrete Eduardo $233,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2015 06/18/15 Sold $689,000 0.0% $255 / Sq Ft
06/06/2015 06/06/15 Rented $1,600 -99.8% --
05/07/2015 05/07/15 Under Contract -- -- --
04/17/2015 04/17/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $699,900 0.0% $259 / Sq Ft
02/05/2015 02/05/15 For Rent $1,700 -- --
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 $9,200 $828,071 $641,919 $186,152
2024 $9,200 $811,835 $629,333 $182,502
2023 $8,978 $795,917 $616,993 $178,924
2022 $8,920 $780,311 $604,895 $175,416
2021 $8,766 $765,011 $593,034 $171,977
2020 $8,718 $757,167 $586,953 $170,214
2019 $8,491 $742,321 $575,444 $166,877
2018 $8,364 $727,766 $564,161 $163,605
2017 $8,225 $713,497 $553,099 $160,398
2016 $8,055 $699,507 $542,254 $157,253
2015 $5,010 $425,000 $270,109 $154,891
2014 $4,335 $373,338 $252,652 $120,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15066586

California Regional Multiple Listing Service (CRMLS)

APN: 033-044-09