NOT LISTED FOR SALE

33382 Cheltam Way Unit 4 Dana Point, CA 92629

Estimated Value: $857,000 - $1,113,000

10 Beds
8 Baths
4,424 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,980,000 $448 Per Sq Ft

Current estimated payment $5,961/month

10 Days on Market

Highlights

  • White Water Ocean Views
  • 13,265 Sq Ft lot
  • Laundry Room
  • Del Obispo Elementary School Rated A-
  • No HOA
  • Foothills

About This Home

As of June 2017

Large 4 unit building with massive views of the Coastline, Ocean, Canyons and Saddleback Mountains! Many recent upgrades have been done giving this building the best curb appeal on the street! These units all have their own garages, laundry inside each unit, and their own extra private parking spots. Also these homes have been zoned as condos and given their own separate apn #'s so they can be converted and sold off as condo's!!!! HUGE UPSIDE! Units #2 and #4 are 3 bedroom 2 full bathrooms inside laundry and attached garages with huge view decks of Coastline, Ocean, Canyon and Saddleback Mountains! Units #1 and #3 are 2 bedroom and 2 full bathrooms with their own attached garages as well and their own private BACKYARDS! This has no one behind and is extremely quiet and access to walking trails through the canyon behind you. The NEW Dana Point Harbor renovation has begun along with the shops and restaurants in the NEW Lantern District with a NEW town trolley system to all of Dana Point!

Last Listed By

Cullen McKeown

Coldwell Banker Realty License #01749588 Listed on: 03/28/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,204

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Park or Greenbelt

Interior Spaces

  • 4,424 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating
  • Natural Gas Connected

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 423

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills
  • Property is near a preserve or public land

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $12,000
  • Operating Expense $14,200
  • Gross Income $85,800
  • Net Operating Income $81,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,204

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 949-697-6646
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room, Gas Starter
  • Price Per Square Foot: 447.56

Exterior Features

  • View: Canyon, City Lights, Coastline, Hills, Mountain(s), Ocean, Panoramic, Park/Greenbelt, Trees/Woods, Valley, Water, White Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Foothills, Gutters, Preserve/Public Land, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13265.00

Multi Family

  • Gross Income: 85800.00
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 81000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Expenses: 14200.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 1
  • Tax Tract Number: 423.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Moore Family Living Trust
Bought by
Gkj Properties Llc
Total Days on Market
10
Current Estimated Value
$966,996

Purchase Details

Closed on
May 25, 2021
Sold by
Moore Kevin J and Moore Family Living Trust
Bought by
Moore Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2017
Closed on
Apr 17, 2017
Sold by
Mckeown Daniel L and Mckeown Marla E
Bought by
Gkj Properties Llc
Seller's Agent
Cullen McKeown
Coldwell Banker Realty
Buyer's Agent
Robert Prophet
RE/MAX TerraSol
List Price
$1,995,000
Sold Price
$1,980,000
Premium/Discount to List
-$15,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2005
Sold by
Martini Frank
Bought by
Mckeown Daniel L and Mckeown Marla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
2.87%
Mortgage Type
Negative Amortization

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
Gkj Properties Llc -- Moore & Associates Plc
Moore Kevin J -- Precise Title
Moore Kevin J -- None Available
Moore Kevin J -- None Available
Gkj Properties Llc $1,980,000 First American Title Company
Mckeown Daniel L $1,450,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Kevin J $257,500
Previous Owner Gkj Properties Llc $1,060,000
Previous Owner Gkj Properties Llc $1,060,000
Previous Owner Mckeown Daniel L $407,000
Previous Owner Mckeown Daniel L $408,000
Previous Owner Mckeown Daniel L $1,006,500
Previous Owner Mckeown Daniel L $997,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,980,000 -0.8% $448 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $1,995,000 -- $451 / 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
2024 $7,204 $608,280 $523,411 $84,869
2023 $6,982 $596,353 $513,148 $83,205
2022 $5,925 $584,660 $503,086 $81,574
2021 $5,811 $573,197 $493,222 $79,975
2020 $5,753 $567,320 $488,165 $79,155
2019 $5,640 $556,197 $478,594 $77,603
2018 $5,532 $545,292 $469,210 $76,082
2017 $4,661 $459,219 $359,692 $99,527
2016 $4,581 $450,215 $352,639 $97,576
2015 $4,847 $443,453 $347,342 $96,111
2014 $4,763 $434,767 $340,538 $94,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17064375

California Regional Multiple Listing Service (CRMLS)

APN: 939-470-89