$930,000
SOLD NOV 30, 2012
-- Bed
-- Bath
1,400 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$664 Per Sq Ft

2% Below List Price

320 Days on Market

Highlights

  • Ocean Side of Freeway
  • Peek-A-Boo Views
  • Galley Kitchen
  • Top Of The World Elementary School Rated A
  • Cottage
  • Wood Siding

About This Home

As of November 2012

Exceptional and rare opportunity to own two classic beach cottages in a perfect location just one half block from the beach in beautiful Woods Cove~ Each cottage offers two bedrooms with ceiling fans and one full bath with shower over bathtub, full kitchens with gas stoves and refrigerators, washer/dryer hook ups, enclosed private yards. Total of four off-street parking spaces. Great location within walking distance of park, restaurants, galleries, shops, and town.

Last Agent to Sell the Property

Danielle Purcell

Team Laguna Inc License #01063725 Listed on: 12/01/2011

Last Buyer's Agent

Roland Estrada

Onyx Homes License #01191569

Onyx Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,132

Year Built

  • Built in 1926

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Carpet
  • Peek-A-Boo Views

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • Ocean Side of Freeway
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 3 / 11
  • Tax Tract Number 1
  • Assessor Parcel Number 64421508

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,132

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 64421508
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 664.29
  • Room Type: Galley Kitchen

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range, Refrigerator
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x100
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4125.00
  • Gross Multiplier: 19.15
  • Gross Scheduled Income: 49500.00
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Patio: 3
  • Number With Refrigerator: 2
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Area: 05003
  • Tax Block: 11
  • Tax Lot: 3
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2019
Sold by
Tsui Roland and Tsui Tina M
Bought by
Tsui Roland
Current Estimated Value
$2,243,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,675
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Dec 1, 2011
Closed on
Dec 4, 2012
Sold by
French Peter J and French Mary K
Bought by
Tsui Roland and Tsui Tina M
Seller's Agent
Danielle Purcell
Team Laguna Inc
Buyer's Agent
Roland Estrada
Onyx Homes
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$533,850
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
French Robert E and French Marcia Y
Bought by
French Robert E and French Marcia Yoko
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Ttl Orange Cnty Branch
Grant Deed $930,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,495 No Value Available
Closed $690,495 VA
Closed $687,675 VA
Closed $533,850 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $450,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2017 02/18/17 Rented $3,200 0.0% --
02/18/2017 02/18/17 Off Market $3,200 -- --
02/09/2017 02/09/17 For Rent $3,200 0.0% --
11/30/2012 11/30/12 Sold $930,000 0.0% $664 / Sq Ft
11/16/2012 11/16/12 Sold $930,000 -2.0% $664 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
06/14/2012 06/14/12 Price Changed $949,000 0.0% $678 / Sq Ft
01/13/2012 01/13/12 Rented $2,200 -99.8% --
01/12/2012 01/12/12 Under Contract -- -- --
12/01/2011 12/01/11 For Sale $950,000 0.0% $679 / Sq Ft
11/19/2011 11/19/11 For Rent $2,200 0.0% --
10/13/2011 10/13/11 Price Changed $950,000 -4.6% $679 / Sq Ft
10/07/2011 10/07/11 Price Changed $995,999 -9.5% $711 / Sq Ft
09/15/2011 09/15/11 Price Changed $1,100,000 -12.0% $786 / Sq Ft
08/30/2011 08/30/11 For Sale $1,250,000 -- $893 / 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 $13,132 $1,145,224 $1,098,705 $46,519
2024 $13,132 $1,122,769 $1,077,162 $45,607
2023 $13,285 $1,100,754 $1,056,041 $44,713
2022 $12,934 $1,079,171 $1,035,334 $43,837
2021 $12,588 $1,058,011 $1,015,033 $42,978
2020 $12,348 $1,047,163 $1,004,625 $42,538
2019 $12,093 $1,026,631 $984,927 $41,704
2018 $11,832 $1,006,501 $965,614 $40,887
2017 $11,495 $986,766 $946,680 $40,086
2016 $11,244 $967,418 $928,118 $39,300
2015 $11,038 $952,887 $914,177 $38,710
2014 $10,805 $934,222 $896,270 $37,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L37604

California Regional Multiple Listing Service (CRMLS)

APN: 644-215-08