NOT LISTED FOR SALE

2531 E Commonwealth Ave Fullerton, CA 92831

Estimated Value: $929,000 - $992,000

4 Beds
2 Baths
1,411 Sq Ft
$677/Sq Ft Est. Value

Last Sold February 20, 2012

Last sale price $410,000 $291 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,438/month

173 Days on Market

Highlights

  • RV Access or Parking
  • All Bedrooms Downstairs
  • Covered Patio or Porch
  • Troy High School Rated A+
  • Contemporary Architecture
  • Living Room

About This Home

As of February 2012

Shown by appointment only! Sale is subject to existing one year lease which ends on Sept. 30, 2012. Great investment opportunity for investor looking for property with renters in place. Current lease is $2,400 per month and tenants pay all their own utilities. Call Listing Agent for more details. Beautiful remodeled and updated Single Story 4 bedroom 1 3/4 Bath home. Gorgeous Kitchen with all new cabinets, counter tops and appliances. Lovely private back yard with covered patio and large grassy area. Great Location -- walk to Cal State Fullerton. Owners relocating out of area. Offers subject to existing Lease.

Last Agent to Sell the Property

Bud Steffen

Re/Max Cornerstone License #288882 Listed on: 07/18/2011

Last Buyer's Agent

Ryan Christensen

The Ryan Real Estate Group Inc License #01471834

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 7,040 Sq Ft Lot
  • Lot Dimensions are 68x110
  • Wood Fence
  • Block Wall Fence
  • Property is zoned R 1

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,411 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 115
  • Tax Tract Number 1611
  • Assessor Parcel Number 03332205

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Unknown
  • View: No
  • Zoning: R 1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 03332205
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1411.00
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 290.57
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air, Natural Gas
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 68x110
  • Lot Size Sq Ft: 7040.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7040.0000 Square Feet

Tax Info

  • Tax Lot: 115
  • Tax Tract: Unknown
  • Tax Tract Number: 1611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2011
Closed on
Jan 10, 2012
Sold by
Faulk Edward P and Faulk Sandra R
Bought by
Baker Charles A and Charles A Baker Separate Property Revoca
Seller's Agent
Bud Steffen
Re/Max Cornerstone
Buyer's Agent
Ryan Christensen
The Ryan Real Estate Group Inc
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$954,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,615
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Faulk Edward P and Faulk Sandra R
Bought by
Faulk Edward P and Faulk Sandra R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Baker Charles A $410,000 Orange Coast Title Company O
Faulk Edward P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2012 02/20/12 Sold $410,000 -2.4% $291 / Sq Ft
07/18/2011 07/18/11 For Sale $420,000 -- $298 / 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 $5,777 $514,977 $431,742 $83,235
2024 $5,777 $504,880 $423,277 $81,603
2023 $5,638 $494,981 $414,978 $80,003
2022 $5,600 $485,276 $406,841 $78,435
2021 $5,503 $475,761 $398,863 $76,898
2020 $5,473 $470,883 $394,773 $76,110
2019 $5,332 $461,650 $387,032 $74,618
2018 $5,252 $452,599 $379,444 $73,155
2017 $5,165 $443,725 $372,004 $71,721
2016 $5,059 $435,025 $364,710 $70,315
2015 $4,919 $428,491 $359,232 $69,259
2014 $4,777 $420,098 $352,195 $67,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P789434

California Regional Multiple Listing Service (CRMLS)

APN: 033-322-05