NOT LISTED FOR SALE

Estimated Value: $820,000 - $971,000

5 Beds
2 Baths
924 Sq Ft
$973/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2016

Last sale price $510,000 $552 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,432 / mo

95 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Whole House Fan
  • Private Yard
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2016

Two houses on the same lot in the City of Anaheim. 320 E Valencia is a 3 bed + 1 bath with single car garage. Seller recently added new wood floor, garage door, patio and newer water heater. Long term tenant (20+ year). Second house, 314 E Valencia, is to the right of 320 has 2 bed + 1 bath. approx. 750 sqft. (seller) with new paint, new tile floor, newer water heater and recently added new red wood fencing. Both unit have inside washer/dryer. Separate Gas, Electric & Water meters. Tenants pay for all utilities and landscaping.

Live in one and rent the other or rent them both with positive cash flow and high return on investment.

Last Agent to Sell the Property

Phillip Nguyen

Homeland Realty and Investment License #01733361 Listed on: 01/31/2016

Last Buyer's Agent

Mary Henderson

Coldwell Banker Realty License #01236842

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,375 Sq Ft Lot
  • No Common Walls
  • Redwood Fence
  • Private Yard

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 924 Sq Ft Home
  • Neighborhood Views
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Whole House Fan
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, trash collection, water
  • Assessor Parcel Number 03709308

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $60
  • Gross Income $2,500
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,375 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 03709308
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: One
  • Price Per Square Foot: 551.95

Exterior Features

  • View: Neighborhood
  • Fencing: Redwood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Driveway, Garage Faces Front, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7375.00
  • Price Per Lot Square Foot: 69.15
  • Lot Size Acres: 0.1690

Rental Info

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

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 60.00
  • Lot Size Area: 7375.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2500.00

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
Jan 31, 2016
Closed on
Jun 29, 2016
Sold by
Bought by
Seller's Agent
Phillip Nguyen
Homeland Realty and Investment
Buyer's Agent
Mary Henderson
Coldwell Banker Realty
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$898,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,937
Avg. Annual Appreciation
5.88%
Original Mortgage
$492,978
Outstanding Balance
$392,484
Interest Rate
3.58%
Mortgage Type
FHA
Estimated Equity
$506,453

Purchase Details

Listed on
Jan 31, 2016
Closed on
Jun 2, 2016
Sold by
Bought by
Seller's Agent
Phillip Nguyen
Homeland Realty and Investment
Buyer's Agent
Mary Henderson
Coldwell Banker Realty
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,978
Outstanding Balance
$392,484
Interest Rate
3.58%
Mortgage Type
FHA
Estimated Equity
$506,453

Purchase Details

Listed on
Sep 23, 2012
Closed on
Nov 9, 2012
Sold by
Bought by
Seller's Agent
Emil Dollesin
Loans Realty Elite Corporation
Buyer's Agent
Christopher Dalton
Fathom Realty Group Inc.
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$292,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Nextitle Company
$510,000 Nextitle Company
$370,000 First American Title Company
-- --
-- --
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 $492,978
Previous Owner $292,000
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 Prior Sale
06/30/2016 06/30/16 Sold $510,000 +2.2% $552 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $499,000 +34.9% $540 / Sq Ft
11/19/2012 11/19/12 Sold $370,000 0.0% $400 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
09/23/2012 09/23/12 For Sale $369,900 -- $400 / 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 $6,968 $603,734 $538,581 $65,153
2024 $6,968 $591,897 $528,021 $63,876
2023 $6,819 $580,292 $517,668 $62,624
2022 $6,731 $568,914 $507,517 $61,397
2021 $6,741 $557,759 $497,565 $60,194
2020 $6,712 $552,040 $492,463 $59,577
2019 $6,512 $541,216 $482,807 $58,409
2018 $6,455 $530,604 $473,340 $57,264
2017 $6,202 $520,200 $464,058 $56,142
2016 $4,783 $384,782 $328,070 $56,712
2015 $4,740 $379,003 $323,142 $55,861
2014 $4,454 $371,579 $316,812 $54,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16020381

California Regional Multiple Listing Service (CRMLS)

APN: 037-093-08

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