NOT LISTED FOR SALE

24871 Sherwood Way Unit 1 Dana Point, CA 92629

Estimated Value: $836,000 - $1,831,000

6 Beds
5 Baths
3,174 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,900,000 $599 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $7,701/month

3 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Central Heating
  • Del Obispo Elementary School Rated A-

About This Home

As of May 2024

Dana Point Tri-plex with three separate APN ( 939-471-69 ) (939-471-70) and (939-471-71) ; First time on the market is 20 + years: Parking is easy for each unit since each unit has a single car garage , along with an assigned parking space. Washer/dryer hookups are appointed in each unit, along with separate water heaters for each unit. Outdoor space with either a yard or deck for each unit. The building has 2 units that are 2 bedrooms with a den (some people use as a bedroom) the other unit is a 2 bedroom 1 bathroom. 32The building has termite clearance April 2024. The driveway has been sealed and stripped April 2024, along with landscaping that is fresh and clean. Just a short walk to the harbor and local schools.

Last Agent to Sell the Property

Laura Henshall

CFG Investments Brokerage Phone: 714-299-4096 License #01091181 Listed on: 04/29/2024

Last Buyer's Agent

Alma Del Valle

Lugo Brothers RE License #00956492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1976

Lot Details

  • 10,251 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • 93947170,93947171

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 3,174 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 423
  • Assessor Parcel Number 93947169
  • $1,135 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Golden Lantern Income Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,130
  • Trash Expense $838
  • Water Sewer Expense $2,200
  • Operating Expense $9,999,999
  • Gross Income $84,180
  • Net Operating Income $99,999,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 7142994096
  • Price Per Unit: 619667
  • Property Attached: Yes
  • Subdivision Name Other: Golden Lantern Income (GLI)
  • View: No
  • Water Sewer Expenses: 2200.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 93947169
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 598.61

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 838.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 93947170,93947171
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10251.00
  • Lot Size Acres: 0.2353
  • Latitude Manual: 33.47704600

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 84180.00
  • Gross Scheduled Income: 84180.00
  • Insurance Expense: 2130.00
  • Lot Size Area: 10251.0000 Square Feet
  • Net Operating Income: 99999999.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 9999999.00
  • Rent Control: Yes
  • Total Expenses: 9999999.00

Tax Info

  • Tax Census Tract: 423.39
  • Tax Lot: 1
  • Tax Tract Number: 423.39
  • TaxOtherAnnualAssessmentAmount: 1135.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 3, 2024
Sold by
Becker Family Trust and Becker Donald R
Bought by
Salher Llc
Seller's Agent
Laura Henshall
CFG Investments
Buyer's Agent
Alma Del Valle
Lugo Brothers RE
List Price
$1,859,000
Sold Price
$1,900,000
Premium/Discount to List
$41,000
2.21%
Views
13
Current Estimated Value
$1,332,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$567,850
Avg. Annual Appreciation
-28.02%

Purchase Details

Closed on
Feb 24, 2020
Sold by
Becker Donald R and Becker Ann Louise
Bought by
Becker Donald R and Becker Ann Louise

Purchase Details

Closed on
Feb 11, 2019
Sold by
Becker Donald R and Becker Ann Louise
Bought by
Becker Donald R and Becker Ann Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Becker Donald R and Becker Ann Louise
Bought by
Becker Donald R and Becker Ann Louise

Purchase Details

Closed on
Nov 8, 2010
Sold by
Becker Donald R and Becker Ann Louise
Bought by
Becker Donald R and Becker Ann Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Becker Donald R and Becker Ann
Bought by
Becker Donald R and Becker Ann Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 1998
Sold by
Glassman Martin C and Glassman Arlene F
Bought by
Becker Donald R and Becker Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.69%
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
Salher Llc $1,900,000 Lawyers Title Company
Becker Donald R -- North American Title Company
Becker Donald R -- Accommodation
Becker Donald R -- Equity Title Company
Becker Donald R -- None Available
Becker Donald R -- Stewart Title Of California
Becker Donald R -- --
Becker Donald R $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Donald R $342,000
Previous Owner Becker Donald R $350,000
Previous Owner Becker Donald R $200,000
Previous Owner Becker Donald R $100,000
Previous Owner Becker Donald R $184,000
Previous Owner Becker Donald R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,900,000 +2.2% $599 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $1,859,000 -- $586 / 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
2024 $3,356 $199,796 $98,782 $101,014
2023 $3,113 $195,879 $96,845 $99,034
2022 $3,093 $192,039 $94,946 $97,093
2021 $3,890 $188,274 $93,084 $95,190
2020 $3,759 $186,344 $92,130 $94,214
2019 $2,905 $182,691 $90,324 $92,367
2018 $2,789 $179,109 $88,553 $90,556
2017 $2,672 $175,598 $86,817 $88,781
2016 $2,499 $172,155 $85,114 $87,041
2015 $2,053 $169,570 $83,836 $85,734
2014 $2,020 $166,249 $82,194 $84,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24084869

California Regional Multiple Listing Service (CRMLS)

APN: 939-471-69