NOT LISTED FOR SALE

4125 E Marmon Ave Orange, CA 92869

Estimated Value: $752,000 - $996,000

5 Beds
3 Baths
1,680 Sq Ft
$524/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $625,000 $372 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,253/month

80 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • El Modena High School Rated A-
  • Foothills

About This Home

As of February 2020

Great bread and butter duplex located in a high rental demand area. One unit is 3 bedrooms and 2 baths, other unit is 2 bedroom and 1 bath. Always rented. Both units have newer roofs. No HOA to deal with. Great for investors. Tenants pay all utilities.

Last Agent to Sell the Property

Matu Bhatnagar

Matu Bhatnagar, Broker License #01811011 Listed on: 11/07/2019

Last Buyer's Agent

Kristine Tran

Kristine Tran, Broker License #01864071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,626

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / A
  • Tax Tract Number 718
  • Assessor Parcel Number 39219224

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • New Taxes Expense $6,124
  • Operating Expense $6,923
  • Gross Income $48,240
  • Net Operating Income $41,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,626

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.30
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 39219224
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 372.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 48240.00
  • Gross Scheduled Income: 48240.00
  • Insurance Expense: 800.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 41316.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6923.00
  • Rent Control: No
  • Total Actual Rent: 4020.00
  • Total Expenses: 6923.00

Tax Info

  • New Taxes Expense: 6124.00
  • Tax Block: A
  • Tax Census Tract: 219.13
  • Tax Lot: 3
  • Tax Tract Number: 718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Feb 11, 2020
Sold by
Bluetree Group Llc
Bought by
Doan Long and Le Tra
Seller's Agent
Matu Bhatnagar
Matu Bhatnagar, Broker
Buyer's Agent
Kristine Tran
Kristine Tran, Broker
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$880,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,416
Avg. Annual Appreciation
6.22%
Original Mortgage
$468,750
Outstanding Balance
$415,045
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$465,371

Purchase Details

Closed on
Feb 24, 2017
Sold by
Bhatnagar Apoorva and Bhatnagar Gunjan
Bought by
Bluetree Group Llc

Purchase Details

Listed on
Jan 28, 2016
Closed on
Dec 1, 2016
Sold by
Tukhi Zainab R
Bought by
Bhatnagar Gunjan
Seller's Agent
CESAR TOVAR
Incline Realty
Buyer's Agent
Matu Bhatnagar
Matu Bhatnagar, Broker
List Price
$66,900
Sold Price
$567,000
Premium/Discount to List
$500,100
747.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$425,000
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Nov 26, 2016
Sold by
Bhatnagar Apoorva
Bought by
Bhatnagar Gunjan
Seller's Agent
CESAR TOVAR
Incline Realty
Buyer's Agent
Matu Bhatnagar
Matu Bhatnagar, Broker
List Price
$66,900
Sold Price
$567,000
Premium/Discount to List
$500,100
747.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Tukhi Razzaq A
Bought by
Tukhi Razzaq A and Tukhi Zainab R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Tukhi Zainab Razzaq
Bought by
Tukhi Razzaq A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2014
Sold by
Pacheco Adela Aguilar
Bought by
Guardian Capital Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.27%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Derosas C Sergio
Bought by
Pacheco Adela Aguilar
Source: Public Records

Range of Values:

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Average Value
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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
Doan Long $625,000 Ticor Ttl Orange Cnty Branch
Bluetree Group Llc -- None Available
Bhatnagar Apoorva -- None Available
Bhatnagar Apoorva -- None Available
Bhatnagar Gunjan $567,000 Chicago Title Company
Bhatnagar Gunjan -- Chicago Title Company
Tukhi Razzaq A -- Chicago Title Company
Tukhi Razzaq A -- Ticor Title
Tukhi Razzaq A -- Ticor Title
Guardian Capital Finance Llc $200,000 First American Title Company
Pacheco Adela Aguilar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doan Long $468,750
Previous Owner Bhatnagar Gunjan $425,000
Previous Owner Tukhi Razzaq A $210,000
Previous Owner Guardian Capital Finance Llc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2020 02/26/20 Sold $625,000 -3.7% $372 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $649,000 +14.5% $386 / Sq Ft
12/05/2016 12/05/16 Sold $567,000 +747.5% $338 / Sq Ft View Prior Sale
01/27/2016 01/27/16 For Sale $66,900 -- $40 / 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 $7,626 $683,527 $596,039 $87,488
2024 $7,626 $670,125 $584,352 $85,773
2023 $7,456 $656,986 $572,894 $84,092
2022 $7,311 $644,104 $561,660 $82,444
2021 $7,109 $631,475 $550,647 $80,828
2020 $6,799 $601,704 $552,952 $48,752
2019 $6,715 $589,906 $542,109 $47,797
2018 $6,614 $578,340 $531,480 $46,860
2017 $6,343 $567,000 $521,058 $45,942
2016 $5,644 $500,000 $452,062 $47,938
2015 $5,145 $452,170 $305,994 $146,176
2014 $5,036 $443,313 $387,724 $55,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19213841

California Regional Multiple Listing Service (CRMLS)

APN: 392-192-24