NOT LISTED FOR SALE

320 N Clark St Orange, CA 92868

Estimated Value: $971,000 - $1,834,000

4 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 25, 2016

Last sale price $650,000

Est. 103% increase in value since last sale

Current estimated payment $8,210/month

10 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Rectangular Lot
  • Property is near public transit

About This Home

As of July 2016

Great duplex by Chapman College & Old Town Orange shopping area. Front unit is a 2 bed,1 bath; & the back unit is larger with 2 bed. 2 bath
with a large family room & a smaller room that could be an office, baby's room or what ever. Back unit also has a good size fenced back yard. Both units have a single car garage with a long driveway. This is a great rental area in a quiet neighborhood. Easy access to the freeways, like the
5, 22, 55, & the 57 that are near by. Location, Location!!!!!!! Sellers to do a 1031 exchange @ no extra costs to the buyers.

Last Agent to Sell the Property

Michael Abraham

Michael Abraham, Broker License #00584105 Listed on: 05/29/2016

Last Buyer's Agent

Ben Hecht

BD Realty License #01878319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,728

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 667
  • Assessor Parcel Number 38644111

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,728

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 38644111
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Rectangular Lot, Lot 6500-9999, Paved, Near Public Transit, Yard
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 87.78
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 3250.00
  • Gross Scheduled Income: 39000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Rent Control: No
  • Total Actual Rent: 39000.00

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2019
Sold by
Hecht Ben
Bought by
Jebory Hadi and Muhsin Arib
Current Estimated Value
$1,322,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Outstanding Balance
$556,839
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$719,037

Purchase Details

Listed on
May 29, 2016
Closed on
Jun 22, 2016
Sold by
Hecht Diane Patricia Kelly
Bought by
Hecht Ben
Seller's Agent
Michael Abraham
Michael Abraham, Broker
Buyer's Agent
Ben Hecht
BD Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$487,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2016
Closed on
Jun 8, 2016
Sold by
Newhard David W and Vewhard Patricia E
Bought by
Hecht Ben
Seller's Agent
Michael Abraham
Michael Abraham, Broker
Buyer's Agent
Ben Hecht
BD Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Vandrew Tommy W and Vandrew Xuan Hoa
Bought by
Newhard David W and Newhard Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jebory Hadi $1,075,000 First American Title Company
Hecht Ben -- First American Title Company
Hecht Ben $650,000 First American Title Company
Newhard David W $550,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jebory Hadi $622,500
Previous Owner Hecht Ben $724,500
Previous Owner Hecht Ben $543,000
Previous Owner Hecht Ben $487,500
Previous Owner Newhard David W $345,000
Previous Owner Newhard David W $350,000
Previous Owner Newhard David W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $650,000 -7.0% --
06/08/2016 06/08/16 Pending -- -- --
05/29/2016 05/29/16 For Sale $699,000 -- --
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 $12,728 $1,175,668 $1,081,017 $94,651
2024 $12,728 $1,152,616 $1,059,820 $92,796
2023 $12,449 $1,015,000 $925,806 $89,194
2022 $12,210 $1,107,859 $1,018,665 $89,194
2021 $11,867 $1,086,137 $998,691 $87,446
2020 $11,758 $1,075,000 $988,450 $86,550
2019 $7,626 $676,260 $596,499 $79,761
2018 $7,510 $663,000 $584,802 $78,198
2017 $7,201 $650,000 $573,335 $76,665
2016 $7,303 $660,571 $568,124 $92,447
2015 $7,197 $650,649 $559,590 $91,059
2014 $7,044 $637,904 $548,628 $89,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16115687

California Regional Multiple Listing Service (CRMLS)

APN: 386-441-11