NOT LISTED FOR SALE

2324 Iris Ct Fullerton, CA 92833

4 Beds
2 Baths
3,564 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: March 24, 2016

Last sale price $740,000 $208 Per Sq Ft

15 Days on Market

Highlights

  • Granite Countertops
  • Wall Furnace
  • 1-Story Property
  • Tile Flooring

About This Home

As of March 2016

*Great Investment Opportunity* Four hard to find single level units with good upside on the rent. Each unit has 2 bedrooms and 1 full bath., inside laundry with private hookups and private courtyard. Each unit has a garage. Units 1 and 2 have a fireplace in the living room. All units have easy to maintain tile flooring. Kitchen and baths have granite counters. Long term tenants in units 2 and 3 have been there 15 plus years. Newest tenant has been there four years. Exterior has been recently painted. Great bread and butter units priced less than $200K per unit.

Last Agent to Sell the Property

Peggy Gray

Seven Gables Real Estate License #00873804 Listed on: 01/24/2016

Seven Gables Real Estate

Last Buyer's Agent

Mark Drenner

Real Estate Establishment Inc. License #00753320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,564 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry in Kitchen

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 1111
  • Assessor Parcel Number 07147153

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $384
  • Insurance Expense $3,571
  • Trash Expense $472
  • Water Sewer Expense $5,127
  • Gross Income $4,600
  • Net Operating Income $45,646

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

9,583 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Water Sewer Expenses: 5127.00
  • Property Type: Residential Income
  • Parcel Number: 07147153
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 207.63
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Trash Expense: 472.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 9583.00
  • Price Per Lot Square Foot: 77.22
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 890
  • Electric Expense: 384.00
  • Gross Income: 4600.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 3571.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 45646.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 9554.00
  • Rent Control: No
  • Total Actual Rent: 4600.00

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1111

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

Closed on
Aug 17, 2022
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2016
Closed on
Mar 18, 2016
Sold by
Bought by
Seller's Agent
Peggy Gray
Seven Gables Real Estate
Buyer's Agent
Mark Drenner
Real Estate Establishment Inc.
List Price
$779,500
Sold Price
$740,000
Premium/Discount to List
-$39,500
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0365%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2016
Closed on
Feb 5, 2016
Sold by
Bought by
Seller's Agent
Peggy Gray
Seven Gables Real Estate
Buyer's Agent
Mark Drenner
Real Estate Establishment Inc.
List Price
$779,500
Sold Price
$740,000
Premium/Discount to List
-$39,500
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0365%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
0.0701%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1993
Sold by
Bought by
Source: Public Records
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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
-- Palmieri Tyler Wiener Wilhelm
-- None Listed On Document
-- First American Title Company
-- First American Title Company
$740,000 First American Title Company
-- None Available
-- --
$190,000 --
$240,000 Fidelity National Title Ins
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
Closed $333,000
Closed $370,000
Closed $280,000
Closed $152,000
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
03/24/2016 03/24/16 Sold $740,000 -5.1% $208 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $779,500 -- $219 / 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
2025 $10,235 $876,005 $770,828 $105,177
2024 $10,235 $858,829 $755,714 $103,115
2023 $9,983 $841,990 $740,896 $101,094
2022 $9,906 $825,481 $726,369 $99,112
2021 $9,737 $809,296 $712,127 $97,169
2020 $9,682 $800,998 $704,825 $96,173
2019 $9,442 $785,293 $691,005 $94,288
2018 $9,302 $769,896 $677,456 $92,440
2017 $9,149 $754,800 $664,172 $90,628
2016 $4,175 $297,965 $177,806 $120,159
2015 $4,067 $293,490 $175,135 $118,355
2014 $3,956 $287,741 $171,704 $116,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16019746

California Regional Multiple Listing Service (CRMLS)

APN: 071-471-53

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