NOT LISTED FOR SALE

4125 E Marmon Ave Orange, CA 92869

Orange Area

Estimated Value: $593,000 - $919,000

5 Beds
3 Baths
1,680 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2020

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

Est. 20% increase in value since last sale

Current estimated payment $4,605 / mo

80 Days on Market

Highlights

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

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

KT Pacific Realty Inc License #01864071

Property Details

Home Type

  • Multi-Family

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
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

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

Year Built

Built in 1927

Lot Details

4,792 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Feb 11, 2020
Sold by
Bought by
Seller's Agent
Matu Bhatnagar
Matu Bhatnagar, Broker
Buyer's Agent
Kristine Tran
KT Pacific Realty Inc
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$747,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,917
Avg. Annual Appreciation
2.85%
Original Mortgage
$468,750
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Bought by

Purchase Details

Listed on
Jan 28, 2016
Closed on
Dec 1, 2016
Sold by
Bought by
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
2.92%
Original Mortgage
$425,000
Interest Rate
0.0279%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Nov 26, 2016
Sold by
Bought by
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
0.0279%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Bought by

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
0.0378%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Bought by

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
0.0378%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2014
Sold by
Bought by

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
0.0427%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 Ticor Ttl Orange Cnty Branch
-- None Available
-- None Available
-- None Available
$567,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Ticor Title
-- Ticor Title
$200,000 First American Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $470,000
Closed $468,750
Previous Owner $425,000
Previous Owner $210,000
Previous Owner $170,000
Previous Owner $150,000
Previous Owner $50,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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