NOT LISTED FOR SALE
4 Beds
2 Baths
1,900 Sq Ft
5,876 Sq Ft Lot

Sale Details

Date Sold: January 19, 2016

Last sale price $540,000 $284 Per Sq Ft

76 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Back and Front Yard
  • D. Russell Parks Junior High School Rated A-

About This Home

As of January 2016

Duplex located in cul-de-sac within great rental area of Fullerton. Solid income with great long terms tenants or good opportunity for an owner occupied. Newer HVAC and exterior paint. This property is in great shape and a must see.

Last Agent to Sell the Property

Brad Clark

Prestige Realty License #01841321 Listed on: 09/05/2015

Last Buyer's Agent

Andres Schonviesner

Rem Realty & Investment License #00950597

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,876 Sq Ft Lot
  • 1 Common Wall
  • Manual Sprinklers System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • 1,900 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 36
  • Tax Tract Number 3
  • Assessor Parcel Number 03003229

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,800
  • Gross Income $2,700
  • Net Operating Income $24,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

5,876 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.40
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 03003229
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 284.21

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard, Sprinklers Manual
  • Lot Size Sq Ft: 5876.00
  • Price Per Lot Square Foot: 91.90
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5876.0000 Square Feet
  • Net Operating Income: 24200.00
  • 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: 8200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5800.00
  • Tax Lot: 36
  • Tax Tract Number: 3
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2015
Closed on
Nov 24, 2015
Sold by
Lay Yih Hwa and Koo Ting Kong
Bought by
Seller's Agent
Brad Clark
Prestige Realty
Buyer's Agent
Andres Schonviesner
Rem Realty & Investment
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%

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
3.11%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jan 8, 2014
Sold by
Barahona Marco and Barahona Odalys
Bought by
Lay Yih Hwa and Koo Ting Kong
Seller's Agent
Jeanie Cooper
Seven Gables Real Estate
Buyer's Agent
Brad Marckwardt
No Firm Affiliation
List Price
$499,000
Sold Price
$445,000
Premium/Discount to List
-$54,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$333,750
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2004
Sold by
Christian Julie
Bought by
Barahona Marco and Barahona Odalys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,150
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2003
Sold by
Hill Eric M and Hill Maria J
Bought by
Christian Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2002
Sold by
Garrett Billy R and Garrett Diana M
Bought by
Hill Eric M and Hill Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,200
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2002
Sold by
Garrett Diana M
Bought by
Garrett Billy R and Garrett Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.51%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Ticor Title
Lay Yih Hwa $445,000 First American Title Company
Barahona Marco $464,500 First American Title Company
Christian Julie $355,000 Lawyers Title
Hill Eric M $263,000 Orange Coast Title
Garrett Billy R -- Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $190,000
Previous Owner Lay Yih Hwa $333,750
Previous Owner Lay Yih Hwa $333,750
Previous Owner Barahona Marco $325,150
Previous Owner Christian Julie $284,000
Previous Owner Hill Eric M $210,200
Previous Owner Garrett Billy R $117,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2016 01/19/16 Sold $540,000 -1.6% $284 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $549,000 +23.4% $289 / Sq Ft
01/21/2014 01/21/14 Sold $445,000 -10.8% $234 / Sq Ft View Prior Sale
12/14/2013 12/14/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $499,000 -- $263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,525 $652,032 $595,409 $56,623
2025 $7,230 $639,248 $583,735 $55,513
2024 $7,230 $626,714 $572,289 $54,425
2023 $7,055 $614,426 $561,068 $53,358
2022 $7,006 $602,379 $550,067 $52,312
2021 $6,886 $590,568 $539,281 $51,287
2020 $6,848 $584,513 $533,751 $50,762
2019 $6,673 $573,052 $523,285 $49,767
2018 $6,573 $561,816 $513,024 $48,792
2017 $6,465 $550,800 $502,964 $47,836
2016 $5,474 $460,812 $412,670 $48,142
2015 $5,324 $453,891 $406,472 $47,419
2014 $4,484 $380,000 $314,751 $65,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15197062

California Regional Multiple Listing Service (CRMLS)

APN: 030-032-29

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