NOT LISTED FOR SALE

Estimated Value: $483,000 - $854,051

3 Beds
2 Baths
4,705 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $465,000 $99 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,782/month

6 Days on Market

Highlights

  • Mediterranean Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • Tile Countertops
  • Tile Flooring
  • Wood Fence

About This Home

As of September 2015

Each unit has 3 bedrooms/2 baths, 2 car attached garage. One unit recently remodeled. Priced to sell.

Last Agent to Sell the Property

Shannon Linardos

Linardos Realty License #01904245 Listed on: 07/02/2015

Co-Listed By

Jayne Loya

Linardos Realty License #01421975

Last Buyer's Agent

Alejandro Perez-Munoz

HomeSmart License #01451501

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,307

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 90
  • Assessor Parcel Number 673181011

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $756
  • Water Sewer Expense $1,239
  • Gross Income $3,300
  • Net Operating Income $2,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,307

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1239.00
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 673181011
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters

Lot Info

  • Lot Size Sq Ft: 14375.00
  • Price Per Lot Square Foot: 32.35
  • Lot Size Acres: 0.3300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 756.00
  • Lot Size Area: 14375.0000 Square Feet
  • Net Operating Income: 2668.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2668.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 90
  • Tax Tract Number: MV0310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2017
Sold by
Foster Peter T
Bought by
Munoz Jaime and Martin Hermellinda
Current Estimated Value
$728,513

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jul 29, 2015
Sold by
Turner Kathryn
Bought by
Foster Peter T
Seller's Agent
Shannon Linardos
Linardos Realty
Buyer's Agent
Alejandro Perez-Munoz
HomeSmart
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$255,750
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2013
Sold by
Turner William Rhodric and Turner Jennifer M
Bought by
Turner William R

Purchase Details

Closed on
Mar 26, 2013
Sold by
Turner Erin M
Bought by
Turner William Rhodric and Turner Jennifer M

Purchase Details

Closed on
Apr 6, 2004
Sold by
Turner William F
Bought by
Turner Erin R

Purchase Details

Closed on
Jan 5, 2004
Sold by
Progressive Properties & Investments Inc
Bought by
Turner Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2003
Sold by
Big Valley Development Inc
Bought by
Progressive Properties & Investments Inc
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
Munoz Jaime $475,000 Orange Coast Title
Foster Peter T $465,000 First American Title Company
Turner William R $389,000 Fidelity National Title
Turner William Rhodric $389,000 Fidelity National Title Oran
Turner Erin R -- Orange Coast Title Co
Turner Erin M $455,000 Orange Coast Title Co
Progressive Properties & Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Peter T $255,750
Previous Owner Turner Erin M $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2015 09/02/15 Sold $465,000 -4.9% $99 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $489,000 -- $104 / 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 $11,307 $551,271 $139,267 $412,004
2023 $11,307 $529,866 $133,860 $396,006
2022 $10,915 $519,478 $131,236 $388,242
2021 $10,641 $509,293 $128,663 $380,630
2020 $10,198 $504,072 $127,344 $376,728
2019 $10,030 $494,190 $124,848 $369,342
2018 $9,853 $484,500 $122,400 $362,100
2017 $9,698 $474,300 $117,300 $357,000
2016 $10,083 $465,000 $115,000 $350,000
2015 $8,529 $396,771 $71,398 $325,373
2014 $8,466 $389,000 $70,000 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15143695

California Regional Multiple Listing Service (CRMLS)

APN: 673-181-011