NOT LISTED FOR SALE
1 Bed
1 Bath
3,696 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 24, 2013

Last sale price $1,050,000 $284 Per Sq Ft

95 Days on Market

About This Home

As of May 2013

This home is located at 294 S Oak St, Orange, CA 92866 since 01 February 2013. This property was built in 1958. 294 S Oak St is a home located in Orange County with nearby schools including Palmyra GATE Magnet, Yorba Middle School, and Orange High School.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 02/01/2013

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 02/01/2013

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 11,812 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage

Home Design

  • 3,696 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3163

Community Details

Overview

  • 4 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,200
  • Insurance Expense $1,750
  • Maintenance Expense $4,500
  • Professional Management Expense $1,200
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $13,147
  • Gross Income $7,200
  • Net Operating Income $59,571

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.27 Acres

Parking

7

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Subdivision Name Other: Cambridge Place (CAMP)
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 284.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11812.00
  • Lot Size Acres: 0.2710

Multi Family

  • Electric Expense: 2200.00
  • Gross Income: 7200.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 11812.0000 Square Feet
  • Maintenance Expense: 4500.00
  • Net Operating Income: 59571.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 26037.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13147.00
  • Tax Lot: 1
  • Tax Tract Number: 3163

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
May 15, 2013
Sold by
Pacsl Llc
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$1,185,000
Sold Price
$1,050,000
Premium/Discount to List
-$135,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Outstanding Balance
$490,933
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 28, 2008
Sold by
Pacsl Llc
Bought by
Pacsl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2000
Sold by
Duckor Steven and Demicco Michael
Bought by
Pacsl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2000
Sold by
Bassett R N R and Bassett Maxine E
Bought by
Duckor Steven and Demicco Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 2, 2000
Sold by
Riff Teri Watson
Bought by
Riff Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2000
Sold by
Duckor Sue Mabel
Bought by
Duckor Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,035,000 Fidelity National Title Co
Pacsl Llc -- Fidelity National Title Co
Pacsl Llc -- Benefit Land Title Company
Duckor Steven $280,000 Orange Coast Title
Riff Dennis -- --
Duckor Steven -- Orange Coast Title
Demicco Michael -- Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $717,500
Previous Owner Pacsl Llc $473,000
Previous Owner Pacsl Llc $475,000
Previous Owner Pacsl Llc $490,000
Previous Owner Duckor Steven $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $1,050,000 -11.4% $284 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $1,185,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,626 $1,300,012 $879,240 $420,772
2025 $14,626 $1,274,522 $862,000 $412,522
2024 $14,300 $1,249,532 $845,098 $404,434
2023 $13,980 $1,225,032 $828,528 $396,504
2022 $13,706 $1,201,012 $812,282 $388,730
2021 $13,328 $1,177,463 $796,355 $381,108
2020 $13,205 $1,165,390 $788,189 $377,201
2019 $13,043 $1,142,540 $772,735 $369,805
2018 $12,845 $1,120,138 $757,584 $362,554
2017 $12,319 $1,098,175 $742,729 $355,446
2016 $12,084 $1,076,643 $728,166 $348,477
2015 $11,907 $1,060,471 $717,228 $343,243
2014 $11,652 $1,039,698 $703,178 $336,520
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13023566

California Regional Multiple Listing Service (CRMLS)
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