NOT LISTED FOR SALE

324 Grace Ave La Habra, CA 90631

Estimated Value: $716,000 - $844,000

4 Beds
2 Baths
1,600 Sq Ft
$481/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $469,000 $293 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,568/month

40 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 5-minute walk to Las Lomas Park
  • Sonora High School Rated A

About This Home

As of August 2016

Large lot with 2 properties. Remodeled property located in the City of LA Habra. Each unit has 2 bedroom and 1 bath 2 parking space, single story, detached from each other. Each unit have their own Electric,Gas and Water meters. Front unit has newer tile floor, open living room with wonderful natural lighting, nice kitchen with plenty of cabinet space. Back unit has newer roof (2 year) tile floor and newer cabinet with Granite counter Top. 2 units have been rented for 3 years.

Last Agent to Sell the Property

Tina Kim

Coldwell Banker Best Realty License #01438663 Listed on: 03/25/2016

Coldwell Banker Best Realty

Last Buyer's Agent

Andy Kim

T.N.G. Real Estate Consultants License #01064200

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,338

Year Built

  • Built in 1961

Lot Details

  • 6,785 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,600 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 715
  • Assessor Parcel Number 01909442

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $890
  • New Taxes Expense $5,862
  • Gross Income $2,550
  • Net Operating Income $22,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,338

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.85
  • Other Phone Description: 714-742-7006
  • Property Attached: No
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 01909442
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 293.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6785.00
  • Price Per Lot Square Foot: 69.12

Multi Family

  • Gross Income: 2550.00
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 890.00
  • Net Operating Income: 22764.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7836.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5862.00
  • Tax Lot: 48
  • Tax Tract Number: 715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Othman Miriam and Othman Miriam O
Bought by
Othman Miriam
Current Estimated Value
$770,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Outstanding Balance
$429,390
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$340,815

Purchase Details

Listed on
Mar 25, 2016
Closed on
Aug 15, 2016
Sold by
Cha Kyu Book
Bought by
Othman Miriam O
Seller's Agent
Tina Kim
Coldwell Banker Best Realty
Buyer's Agent
Andy Kim
T.N.G. Real Estate Consultants
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$460,505
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cha Kyu Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Hernandez Edgar E and Vidrio Raul Maldonado
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 8, 2006
Sold by
Ward Patrick S
Bought by
Hernandez Edgar E and Vidrio Raul Maldanado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Martindale John R and Martindale Nancy M
Bought by
Ward Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2000
Sold by
Farmer Glenn E
Bought by
Martindale John R and Martindale Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
Farmer Toni L
Bought by
Farmer Glenn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
11.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1999
Sold by
Macias Capel Marilyn and Macias Gordon M
Bought by
Farmer Glenn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
11.25%
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
Othman Miriam -- Wfg National Title
Othman Miriam O $469,000 Chicago
Cha Kyu Sook $269,500 Servicelink
Federal Home Loan Mortgage Corporation $256,637 Accommodation
Hernandez Edgar E $522,000 Land America Lawyers Title
Ward Patrick S $206,500 Lawyers Title
Martindale John R $183,000 Fidelity National Title Ins
Farmer Glenn E -- Fidelity National Title Co
Farmer Glenn E $127,000 Fidelity National Title Co
Capel Gordon M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Othman Miriam $479,000
Closed Othman Miriam O $460,505
Previous Owner Cha Kyu Sook $134,750
Previous Owner Hernandez Edgar E $417,000
Previous Owner Ward Patrick S $260,000
Previous Owner Martindale John R $146,400
Previous Owner Farmer Glenn E $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $469,000 0.0% $293 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $469,000 -- $293 / 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 $6,338 $705,655 $638,126 $67,529
2024 $6,338 $533,639 $472,451 $61,188
2023 $6,191 $523,176 $463,187 $59,989
2022 $6,126 $512,918 $454,105 $58,813
2021 $6,027 $502,861 $445,201 $57,660
2020 $5,970 $497,705 $440,636 $57,069
2019 $5,808 $487,947 $431,997 $55,950
2018 $5,711 $478,380 $423,527 $54,853
2017 $5,610 $469,000 $415,222 $53,778
2016 $3,587 $285,950 $229,727 $56,223
2015 $3,487 $281,655 $226,276 $55,379
2014 $3,387 $276,138 $221,843 $54,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16061622

California Regional Multiple Listing Service (CRMLS)

APN: 019-094-42