NOT LISTED FOR SALE

26727 Avenida Las Palmas Capistrano Beach, CA 92624

Estimated Value: $1,497,000 - $1,643,000

3 Beds
3 Baths
1,766 Sq Ft
$876/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $1,100,000 $623 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,560/month

23 Days on Market

Highlights

  • Park
  • Laundry Room
  • Forced Air Heating System
  • Palisades Elementary School Rated A
  • Storage
  • Central Vacuum

About This Home

As of March 2021

Palisades area of Capistrano Beach Ocean side of FWY close to Shopping Schools Pines Park, Pristine Beaches and Dana Point Harbor. Original House Ground Level 2 bed 2 bath Fireplace in Living Front Patio Rear Deck Backyard - Updated 2008. Unit #B added 1993 over Garage Separate entrance Vaulted Ceiling. Long term month to month tenants. Picturesque 4 block stroll down the hill to the Beach and Doheny State Park.

Last Agent to Sell the Property

Michael Mouw

Mouw, Michael H. License #00432394 Listed on: 01/09/2021

Last Buyer's Agent

Frederic Esrailian

FTE Realty, Inc. License #01788655

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,529

Year Built

  • Built in 1964

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Back Yard

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Storage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 53 / 13
  • Tax Tract Number 901
  • Assessor Parcel Number 12326152

Community Details

Overview

  • 2 Units
  • Palisades Subdivision

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $600
  • Gardener Expense $550
  • Insurance Expense $1,000
  • Professional Management Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $13,200
  • Operating Expense $16,000
  • Net Operating Income $34,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,529

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Subdivision Name Other: Palisades (PS)
  • Water Sewer Expenses: 300.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 550.00
  • Parcel Number: 12326152
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Storage, Vacuum Central
  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 622.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 600.00
  • Gross Scheduled Income: 35820.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 34020.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 16000.00

Tax Info

  • New Taxes Expense: 13200.00
  • Tax Block: 13
  • Tax Census Tract: 422.01
  • Tax Lot: 53
  • Tax Tract Number: 901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Feb 5, 2021
Sold by
Ackley Paul B and Ackley Catherine T
Bought by
Derhartunian Argam and Derhartunian Meleeneh Kazarian
Seller's Agent
Michael Mouw
Mouw, Michael H.
Buyer's Agent
Frederic Esrailian
FTE Realty, Inc.
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,547,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,643
Avg. Annual Appreciation
7.41%
Original Mortgage
$825,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Ackley Paul B and Ackley Catherine T
Bought by
Ackley Paul B and Ackley Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Ackley Paul B and Ackley Catherine T
Bought by
Ackley Paul and Ackley Cathy

Purchase Details

Closed on
Sep 17, 2009
Sold by
Ackley Paul B and Ackley Catherine T
Bought by
Ackley Paul B and Ackley Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2008
Sold by
Mannes Edythe E
Bought by
Ackley Paul B and Ackley Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Derhartunian Argam $1,100,000 First American Title Company
Ackley Paul B -- Lsi Title Company
Ackley Paul -- None Available
Ackley Paul B -- Fidelity National Title
Ackley Paul B $627,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derhartunian Argam $825,000
Previous Owner Ackley Paul B $340,000
Previous Owner Ackley Paul B $201,000
Previous Owner Ackley Paul B $437,000
Previous Owner Mannes Edythe E $250,000
Previous Owner Mannes Edythe E $207,500
Previous Owner Mannes Lloyd A $215,800
Previous Owner Mannes Lloyd A $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $1,100,000 -8.3% $623 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $1,200,000 -- $680 / 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 $13,529 $1,190,674 $1,057,260 $133,414
2024 $13,529 $1,167,328 $1,036,529 $130,799
2023 $13,120 $1,144,440 $1,016,205 $128,235
2022 $12,616 $1,122,000 $996,279 $125,721
2021 $8,751 $746,528 $590,048 $156,480
2020 $8,828 $738,874 $583,998 $154,876
2019 $8,687 $724,387 $572,547 $151,840
2018 $8,428 $710,184 $561,321 $148,863
2017 $8,209 $696,259 $550,314 $145,945
2016 $7,990 $682,607 $539,523 $143,084
2015 $7,564 $672,354 $531,419 $140,935
2014 $7,433 $659,184 $521,009 $138,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21004940

California Regional Multiple Listing Service (CRMLS)

APN: 123-261-52