NOT LISTED FOR SALE

26212 Via California Capistrano Beach, CA 92624

Estimated Value: $1,348,262 - $1,852,000

2 Beds
1 Bath
1,750 Sq Ft
$853/Sq Ft Est. Value

Last Sold June 13, 2012

Last sale price $520,000 $297 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $8,609/month

79 Days on Market

Highlights

  • Ocean Side of Freeway
  • Peek-A-Boo Views
  • No Heating
  • Palisades Elementary School Rated A
  • Bungalow

About This Home

As of June 2012

Capistrano Beach duplex located close to the beach. Front unit with 2 bedroom/1 bath, 1 car garage plus large front yard and back unit with 2 bedroom/1 bath, 1 car garage plus large back yard. Properties share common wall only between garages. Great area and close to the beach. Both units are now vacant and availble to show. Property recently cleaned, repaired and painted and in good condition. Wide shared driveway with neighboring duplex.

Last Agent to Sell the Property

Kathy Burns

Coldwell Banker Realty License #01423984 Listed on: 02/14/2012

Coldwell Banker Realty

Last Buyer's Agent

Kathy Burns

Coldwell Banker Realty License #01423984 Listed on: 02/14/2012

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,359

Year Built

  • Built in 1957

Lot Details

  • 6,597

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,750 Sq Ft Home
  • Peek-A-Boo Views

Additional Features

  • Ocean Side of Freeway
  • 6,597 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 3 / 11
  • Tax Tract Number 735
  • Assessor Parcel Number 69138104

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $54
  • Maintenance Expense $45
  • Pest Control $25
  • Trash Expense $27
  • New Taxes Expense $7,168
  • Gross Income $3,000
  • Net Operating Income $34,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,359

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.34
  • View: Yes
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 69138104
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 297.14

Exterior Features

  • Foundation: Block, Slab
  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 25.00
  • Trash Expense: 27.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6597.00
  • Lot Size Acres: 0.1510

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 14.97
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 54.00
  • Lot Size Area: 6597.0000 Square Feet
  • Maintenance Expense: 45.00
  • Net Operating Income: 34188.00
  • 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: 1812.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 7168.00
  • Tax Area: 28019
  • Tax Block: 11
  • Tax Lot: 3
  • Tax Rate: 1.01
  • Tax Tract Number: 735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2013
Sold by
Krogh Knud E and Krugh Georgia R
Bought by
Krogh Knud Erik and Krogh Georgia R
Current Estimated Value
$1,492,316

Purchase Details

Listed on
Feb 14, 2012
Closed on
May 1, 2012
Sold by
Melby Laurie Rene
Bought by
Krogh Georgia R and Krogh Knud E
Seller's Agent
Kathy Burns
Coldwell Banker Realty
Buyer's Agent
Kathy Burns
Coldwell Banker Realty
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$320,000
Outstanding Balance
$221,087
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,271,229

Purchase Details

Closed on
Mar 15, 2010
Sold by
Melby Laurie Rene
Bought by
Melby Laurie Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,675
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2010
Sold by
Melby Laurie R
Bought by
Melby Laurie Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,675
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Metz Elaine C
Bought by
Metz Elaine C

Purchase Details

Closed on
May 23, 2006
Sold by
Melby Paul John and Melby Laurie Rene
Bought by
Metz Elaine

Purchase Details

Closed on
Oct 3, 2003
Sold by
Melby Paul John and Melby Laurie Rene
Bought by
Melby Paul John and Melby Laurie Rene

Purchase Details

Closed on
Aug 21, 2001
Sold by
Melby Paul John and Melby Laurie Rene
Bought by
Melby Paul John and Melby Laurie Rene

Purchase Details

Closed on
May 31, 2000
Sold by
Richardson and Sara
Bought by
Melby Paul J and Melby Laurie R

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
8.55%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 22, 1998
Sold by
Via California Trust #26212-14
Bought by
Richardson Donald and Richardson Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Tiano Daniel
Bought by
Via California Trust #26212-14
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
Krogh Knud Erik -- None Available
Krogh Georgia R $520,000 Equity Title Orange County &
Melby Laurie Rene -- None Available
Melby Laurie Rene -- None Available
Melby Laurie Rene -- None Available
Melby Laurie R -- None Available
Metz Elaine C -- None Available
Metz Elaine -- First American Title Ins Co
Melby Paul John -- --
Melby Paul John -- --
Melby Paul J $320,000 Gateway Title Company
Richardson Donald $245,000 Chicago Title Insurance Co
Via California Trust #26212-14 $103,752 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krogh Georgia R $320,000
Previous Owner Melby Laurie Rene $226,675
Previous Owner Melby Paul J $190,000
Previous Owner Richardson Donald $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $520,000 -3.5% $297 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $539,000 -- $308 / 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 $8,359 $653,144 $568,857 $84,287
2024 $8,359 $640,338 $557,703 $82,635
2023 $8,082 $627,783 $546,768 $81,015
2022 $8,086 $615,474 $536,047 $79,427
2021 $7,902 $603,406 $525,536 $77,870
2020 $7,590 $597,219 $520,147 $77,072
2019 $7,472 $585,509 $509,948 $75,561
2018 $7,250 $574,029 $499,949 $74,080
2017 $7,005 $562,774 $490,146 $72,628
2016 $6,765 $551,740 $480,536 $71,204
2015 $6,406 $543,453 $473,318 $70,135
2014 $6,300 $532,808 $464,046 $68,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S688077

California Regional Multiple Listing Service (CRMLS)

APN: 691-381-04