NOT LISTED FOR SALE
4 Beds
3 Baths
3,191 Sq Ft
6,098 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $1,150,000 $360 Per Sq Ft

29 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Wall Furnace
  • Paularino Elementary School Rated A-

About This Home

As of August 2016

Great opportunity to own a fully renovated triplex in central Costa Mesa close to South Coast Plaza! Gorgeous units completely redone with granite counters, hardwood, ceramic tile, newer appliances..... washer & dryer hookup in garage. Units consists of (2) 2 bedroom townhome/2 baths and (1) 2 bedroom/1 bath (one story). Separate meters for gas and electric. Each unit has a private patio and yard.Property is located on a quiet tree lined street. Great location close to shopping, schools, freeways. This would be a great up-leg for your 1031 tax deferred exchange buyers.

Last Agent to Sell the Property

Soheila Shirazi

Surterre Properties Inc License #00883491 Listed on: 05/31/2016

Surterre Properties Inc

Last Buyer's Agent

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OUT OF AREA

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,098 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • 3,191 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, repairs, trash collection, water
  • Tax Lot 25
  • Tax Tract Number 4281
  • Assessor Parcel Number 14114404

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Summerfield (SUMF)
  • Property Type: Residential Income
  • Parcel Number: 14114404
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 360.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 188.59

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Repairs, Trash Collection, Water

Multi Family

  • Gross Income: 6300.00
  • Gross Scheduled Income: 75600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Rent Control: No
  • Total Actual Rent: 6300.00

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 4281

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2016 08/05/16 Sold $1,150,000 -4.1% $360 / Sq Ft
05/31/2016 05/31/16 For Sale $1,199,000 +23.6% $376 / Sq Ft
08/11/2014 08/11/14 Sold $970,000 -2.9% $304 / Sq Ft View Prior Sale
07/10/2014 07/10/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $999,000 +37.8% $313 / Sq Ft
10/10/2012 10/10/12 Sold $725,000 -5.2% $227 / Sq Ft View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $765,000 +52.1% $240 / Sq Ft
04/25/2012 04/25/12 Sold $503,000 -15.5% $158 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
07/25/2011 07/25/11 For Sale $595,000 -- $186 / 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 $16,092 $1,334,671 $1,217,273 $117,398
2024 $16,092 $1,308,501 $1,193,404 $115,097
2023 $15,565 $1,282,845 $1,170,004 $112,841
2022 $15,110 $1,257,692 $1,147,063 $110,629
2021 $14,657 $1,233,032 $1,124,572 $108,460
2020 $14,474 $1,220,389 $1,113,041 $107,348
2019 $14,157 $1,196,460 $1,091,216 $105,244
2018 $13,869 $1,173,000 $1,069,819 $103,181
2017 $13,641 $1,150,000 $1,048,842 $101,158
2016 $11,857 $984,792 $882,687 $102,105
2015 $11,747 $970,000 $869,428 $100,572
2014 $9,146 $728,291 $632,372 $95,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16116352

California Regional Multiple Listing Service (CRMLS)

APN: 141-144-04