NOT LISTED FOR SALE

317 S Walnut Ave Brea, CA 92821

Brea Area
6 Beds
6 Baths
5,092 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: March 31, 2014

Last sale price $970,000 $190 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • East Facing Home
  • Arovista Elementary School Rated A-
  • Wrought Iron Fence
  • 3-minute walk to City Hall Park

About This Home

As of March 2014

Newer prime Brea location three townhouse style apartments.Avg size 1200 sqft,2 bed 2.5 bath with double garages and patios.Pride of ownership- not run of the mill 2 bedrooms.Maybe potential condo conversion as already has sep water,gas,elec meters and fits some of the conversion standards but as City says it is a difficult process with no guarantees.Offers subject to inspection ,all bedrooms upstairs,formal type floor plans.All expenses are not exact and some are estimated only.

Last Agent to Sell the Property

Kevin Campion

Campion, Kevin License #00411631 Listed on: 03/05/2014

Last Buyer's Agent

Joei Kraatz

JK Broker Svcs. License #01157994

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • On-Hand Building Permits

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,092 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Tax Tract Number 141
  • Assessor Parcel Number 28423121

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Built by Kimble

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $960
  • Insurance Expense $1,292
  • Maintenance Expense $2,000
  • Pest Control $100
  • Supplies Expense $300
  • Trash Expense $720
  • Water Sewer Expense $2,000
  • New Taxes Expense $10,000
  • Gross Income $4,475
  • Net Operating Income $37,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

6,970 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 3.70
  • Improvements Percent: 40.00
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s)
  • Supplies Expense: 300.00
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Condition: Building Permit
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 28423121
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 190.49
  • Room Type: All Bedrooms Up

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fencing: Wrought Iron
  • Builder Name: Kimble
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Pest Control Expense: 100.00
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Average2 Bed Area: 1200
  • Electric Expense: 600.00
  • Gross Income: 4475.00
  • Gross Multiplier: 18.00
  • Gross Scheduled Income: 53700.00
  • Gross Spendable Income: 37700.00
  • Insurance Expense: 1292.00
  • Lot Size Area: 6970.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 37700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Operating Expense: 16000.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 4475.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 4
  • Taxes Percent: 99.99
  • Tax Lot: 5
  • Tax Tract Number: 141
  • Tax Year: 2013

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

Closed on
Jun 13, 2014
Sold by
Bought by

Purchase Details

Listed on
Mar 5, 2014
Closed on
Mar 18, 2014
Sold by
Bought by
Seller's Agent
Kevin Campion
Campion, Kevin
Buyer's Agent
Joei Kraatz
JK Broker Svcs.
List Price
$1,050,000
Sold Price
$970,000
Premium/Discount to List
-$80,000
-7.62%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2005
Sold by
Bought by

Purchase Details

Closed on
May 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0709%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Available
$970,000 Old Republic Title Company
-- None Available
-- Old Republic Title Company
-- Orange Coast Title
-- Southland Title Corporation
-- Southland Title Corporation
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
Previous Owner $300,000
Previous Owner $20,000
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
03/31/2014 03/31/14 Sold $970,000 -7.6% $190 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $1,050,000 -- $206 / 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
2025 $13,596 $1,189,083 $903,856 $285,227
2024 $13,596 $1,165,768 $886,133 $279,635
2023 $13,221 $1,142,910 $868,758 $274,152
2022 $13,097 $1,120,500 $851,723 $268,777
2021 $12,852 $1,098,530 $835,023 $263,507
2020 $12,767 $1,087,266 $826,460 $260,806
2019 $12,426 $1,065,948 $810,255 $255,693
2018 $12,240 $1,045,048 $794,368 $250,680
2017 $12,010 $1,024,557 $778,792 $245,765
2016 $11,773 $1,004,468 $763,521 $240,947
2015 $11,610 $989,380 $752,052 $237,328
2014 $8,875 $750,000 $471,126 $278,874
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Campion

    Campion, Kevin

    Section Image

  • J

    Buyer's Agent in 2014

    Joei Kraatz

    JK Broker Svcs.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14045678

California Regional Multiple Listing Service (CRMLS)

APN: 284-231-21

California Orange County Brea 92821

317 S Walnut Ave, Brea, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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