NOT LISTED FOR SALE

231 Waldo Ave Fullerton, CA 92833

Estimated Value: $758,000 - $892,000

2 Beds
2 Baths
1,132 Sq Ft
$713/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $780,000 $689 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,358/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • D. Russell Parks Junior High School Rated A-
  • Living Room
  • Accessible Parking

About This Home

As of February 2024

Pleasant and charming Fullerton Duplex with room to expand upon the 6,055 sqft lot for a possible ADU. Front house is a 567 sqft, 1ba 1ba, with a spacious front lawn. The long-term tenant has moved, and the home is currently vacant. Back house is also a 567 sqft 1ba 1ba, with a backyard. A long-term tenant is in place on a month-to-month lease. Each unit has their own designated mailbox, individual electric and gas meter, however there is 1 shared water meter. Property is minutes from Buena Park High School, & the 91 & 5 freeways. ***All offers are to be subject to interior inspection.***

Last Agent to Sell the Property

Matthew Smith

Lido Real Estate & Investments License #01982303 Listed on: 12/15/2023

Co-Listed By

Michael Mattson

Lido Real Estate & Investments License #00702177

Last Buyer's Agent

Matthew Smith

Lido Real Estate & Investments License #01982303 Listed on: 12/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1947

Lot Details

  • 6,055 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 18
  • Assessor Parcel Number 03003428
  • $507 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $61,200
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,116

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Ad Number: 714-865-0519
  • Other Phone Description: agent
  • Other Phone Number: 714-865-0519
  • Price Per Unit: 407500
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 03003428
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 689.05
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage - Three Door, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6055.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 61200.00
  • Gross Multiplier: 13.30
  • Gross Scheduled Income: 61200.00
  • Lot Size Area: 6055.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Other Income Description: Based on Pro Forma Rents
  • Rent Control: No
  • Total Actual Rent: 1407.00

Tax Info

  • Tax Census Tract: 18.01
  • Tax Lot: 1
  • Tax Tract Number: 18.01
  • TaxOtherAnnualAssessmentAmount: 507.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Don Young Lee 2008 Revocable Trust and Shin Kaylin Haejung
Bought by
Lee Don Young and Shin Kaylin Haejung
Current Estimated Value
$806,940

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 16, 2024
Sold by
Anderson Stephen Robert and Cathy D Jessome Trust
Bought by
Don Young Lee 2008 Revocable Trust and Lee
Seller's Agent
Matthew Smith
Lido Real Estate & Investments
Buyer's Agent
Matthew Smith
Lido Real Estate & Investments
List Price
$815,000
Sold Price
$780,000
Premium/Discount to List
-$35,000
-4.29%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Oct 27, 2021
Sold by
Jessome Cathy D
Bought by
Jessome Cathy D and Cathy D Jessome Trust

Purchase Details

Closed on
Aug 8, 2021
Sold by
Anderson Stephen R and Jessome Cathy D
Bought by
Anderson Stephen R and Jessome Cathy D

Purchase Details

Closed on
Jun 28, 2005
Sold by
Anderson Stephen Robert
Bought by
Anderson Stephen Robert and Anderson Nasrin Ezzat

Purchase Details

Closed on
May 11, 2001
Sold by
Anderson Deon B
Bought by
Anderson Deon B
Source: Public Records

Range of Values:

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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
Lee Don Young -- None Listed On Document
Don Young Lee 2008 Revocable Trust $780,000 First American Title
Jessome Cathy D -- None Available
Anderson Stephen Robert -- None Available
Anderson Stephen R -- None Available
Anderson Stephen Robert -- --
Anderson Deon B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $780,000 -4.3% $689 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $815,000 -- $720 / 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 $1,116 $839,024 $733,127 $105,897
2024 $1,116 $53,962 $25,309 $28,653
2023 $1,084 $52,904 $24,812 $28,092
2022 $1,066 $51,867 $24,325 $27,542
2021 $1,050 $50,850 $23,848 $27,002
2020 $1,042 $50,329 $23,603 $26,726
2019 $1,026 $49,343 $23,141 $26,202
2018 $1,013 $48,376 $22,687 $25,689
2017 $997 $47,428 $22,242 $25,186
2016 $981 $46,499 $21,806 $24,693
2015 $959 $45,801 $21,478 $24,323
2014 $935 $44,904 $21,057 $23,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23225022

California Regional Multiple Listing Service (CRMLS)

APN: 030-034-28