Seller's Agent in 2021
Michelle Johnson
Conrad Realtors Inc
(949) 492-9400
1 in this area
12 Total Sales
33742 Colegio Dr Dana Point, CA 92629
Estimated Value: $1,453,000 - $1,719,000
2
Beds
2
Baths
2,200
Sq Ft
$708/Sq Ft
Est. Value
Highlights
- Ocean View
- No HOA
- Laundry Room
- Marco Forster Middle School Rated A-
- Cottage
- Wood Fence
About This Home
As of August 2021Fantastic Investment opportunity in the Lantern District of Dana Point! Perched at the top of Selva and Colegio is this RARE CORNER TWO PARCEL LOT with two separate addresses! Facing Colegio sits a darling single level beach cottage style house with Ocean View from front yard! Cottage consisting of living room/open kitchen/dining area with brick fireplace, one bedroom, one bath PLUS additional room (no closet), PLUS den with floor to ceiling built in cabinets (which could serve as a second bedroom), an enclosed private patio/yard area and separate laundry room. Facing Selva sits a spacious two story one bedroom one bath unit with private laundry room, large deck with peek-a-boo view with one car garage. Property has separate gas and electric meters and single water meter. Close to harbor, shopping and restaurants! BEING SOLD AS IS…SO MUCH POTENTIAL!!!
Last Agent to Sell the Property
Conrad Realtors Inc License #01315411 Listed on: 06/16/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,998
Year Built
- Built in 1954
Lot Details
- 3,859 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Property Views
- Ocean
- Peek-A-Boo
- Neighborhood
Home Design
- Duplex
- Cottage
- Composition Roof
Interior Spaces
- 2,200 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 1 / 2
- Tax Tract Number 857
- Assessor Parcel Number 68226201
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $960
- Water Sewer Expense $1,200
- New Taxes Expense $12,000
- Operating Expense $16,080
- Gross Income $22,740
- Net Operating Income $49,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jul 16, 2021
Sold by
Schermerhor Nicholas J
Bought by
Grossman Joshua and Grossman Kimberly
Seller's Agent
Michelle Johnson
Conrad Realtors Inc
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,877
Avg. Annual Appreciation
5.83%
Original Mortgage
$937,500
Outstanding Balance
$860,976
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$703,187
Purchase Details
Closed on
Nov 12, 1999
Sold by
Schermerhorn Darrell A
Bought by
Schermerhorn Darrell A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grossman Joshua | $1,250,000 | Lawyers Title Company | |
| Schermerhorn Darrell A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grossman Joshua | $937,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $1,250,000 | +4.2% | $568 / Sq Ft |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $1,200,000 | 0.0% | $545 / Sq Ft |
| 04/23/2020 04/23/20 | Rented | $2,500 | 0.0% | -- |
| 04/14/2020 04/14/20 | Off Market | $2,500 | -- | -- |
| 04/07/2020 04/07/20 | Price Changed | $2,500 | -5.7% | $2 / Sq Ft |
| 02/18/2020 02/18/20 | Price Changed | $2,650 | -3.6% | $3 / Sq Ft |
| 02/04/2020 02/04/20 | For Rent | $2,750 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,998 | $1,300,500 | $1,229,054 | $71,446 |
| 2023 | $14,613 | $1,275,000 | $1,204,954 | $70,046 |
| 2022 | $13,858 | $1,250,000 | $1,183,937 | $66,063 |
| 2021 | $4,673 | $313,707 | $252,293 | $61,414 |
| 2020 | $4,435 | $310,491 | $249,706 | $60,785 |
| 2019 | $4,441 | $304,403 | $244,809 | $59,594 |
| 2018 | $4,243 | $298,435 | $240,009 | $58,426 |
| 2017 | $4,126 | $292,584 | $235,303 | $57,281 |
| 2016 | $3,930 | $286,848 | $230,690 | $56,158 |
| 2015 | $3,619 | $282,540 | $227,225 | $55,315 |
| 2014 | $3,564 | $277,006 | $222,774 | $54,232 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Johnson
-
Nolvia Eldridge
N
Seller Co-Listing Agent in 2021
Nolvia Eldridge
Nolvia Eldridge, Broker
(714) 878-6220
1 in this area
5 Total Sales
-
B
Seller's Agent in 2020
Brian MacGillivray
Charles Rea, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21130479
APN: 682-262-01
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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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