NOT LISTED FOR SALE

231 Turf Dr Placentia, CA 92870

6 Beds
3 Baths
2,700 Sq Ft
8,643 Sq Ft Lot

Last Sold November 12, 2015

Last sale price $650,000 $241 Per Sq Ft

144 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3 Car Garage
  • Morse Avenue Elementary School Rated A-

About This Home

As of November 2015

GREAT PLACENTIA LOCATION NEAR SCHOOLS, SHOPPING AND FREEWAYS. SINGLE STORY UNITS WITH PATIOS AND GARAGES. EASY TO RENT LOCATION. FAVORABLE UNIT MIX WITH ALL 2 BEDROOM & 1 BATH UNITS. SEPARATE METERS TO KEEP OWNER'S EXPENSES LOW. NEAR VALENCIA HIGH SCHOOL AND KRAEMER MIDDLE SCHOOL.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 05/25/2015

Last Buyer's Agent

Helene Pham

RJP & Associates License #01400306

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,643 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 4207
  • Assessor Parcel Number 33925131

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,570
  • Net Operating Income $25,884

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 33925131
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 240.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8643.00
  • Price Per Lot Square Foot: 75.21
  • Lot Size Acres: 0.1980

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 3570.00
  • Gross Multiplier: 16.40
  • Gross Scheduled Income: 43140.00
  • Lot Size Area: 8643.0000 Square Feet
  • Net Operating Income: 25884.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 15962.00
  • Other Income Description: GRM & CAP RATE AT MARKET RENTS
  • Rent Control: No
  • Total Actual Rent: 3570.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 4207

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2015 11/12/15 Sold $650,000 -14.4% $241 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $759,000 -- $281 / 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 $10,277 $769,465 $662,400 $107,065
2024 $10,277 $754,378 $649,412 $104,966
2023 $10,006 $739,587 $636,679 $102,908
2022 $9,778 $725,086 $624,195 $100,891
2021 $9,469 $710,869 $611,956 $98,913
2020 $9,498 $703,580 $605,681 $97,899
2019 $9,083 $689,785 $593,805 $95,980
2018 $8,957 $676,260 $582,161 $94,099
2017 $8,800 $663,000 $570,746 $92,254
2016 $8,626 $650,000 $559,554 $90,446
2015 $2,553 $94,128 $33,165 $60,963
2014 $2,506 $92,285 $32,516 $59,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15111737

California Regional Multiple Listing Service (CRMLS)

APN: 339-251-31