NOT LISTED FOR SALE

413 E Amerige Ave Fullerton, CA 92832

Estimated Value: $848,000 - $1,177,000

3 Beds
1 Bath
1,939 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $575,000 $297 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,823/month

40 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • No Heating
  • Fullerton Union High School Rated A

About This Home

As of October 2012

This is a one of a kind property and a must see for investor or owner occupant. Unit 1: 3 Bed, 1 Bath, Unit 2: 1 Bedroom, 1 Bath, Unit 3: Studio. Gas, Water, Electricity ALL separately metered for all the properties. Buy this property today with the extreme low rates and cash flow for a long time AND build equity! Best of all, this beautiful three unit has been COMPLETELY updated. So when you live there and put your tenants in you won't have to update a single thing for a long time! There are three completely separate structures all with stainless steel appliances, granite countertops, new floors, new paint, new, new, new everything. This property is located in downtown Fullerton right next to Fullerton College where you will ALWAYS have tenants.

Last Agent to Sell the Property

Reine Horn

Red Door Realty and Finance License #01858437 Listed on: 08/18/2012

Last Buyer's Agent

Melisa Yeo

Hawk & Dove Real Estate Group License #01404293

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,204

Year Built

  • Built in 1918

Lot Details

  • 7,013

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,939 Sq Ft Home
  • Wood Flooring

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2
  • Assessor Parcel Number 03308318

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $75
  • New Taxes Expense $520
  • Gross Income $4,000
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,204

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 0.67
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 75.00
  • Parcel Number: 03308318
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 296.54

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 4000.00
  • Gross Multiplier: 136.14
  • Gross Scheduled Income: 4400.00
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Operating Expense: 400.00

Tax Info

  • New Taxes Expense: 520.00
  • Tax Lot: 4
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2016
Sold by
Chang Richard C and Zhao Jennifer Zhao Hua
Bought by
Chang Richard Chenko and Zhao Hua
Current Estimated Value
$943,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2012
Closed on
Oct 1, 2012
Sold by
Hdwc Inc
Bought by
Chang Richard C and Zhao Jennifer Zhao Hua
Seller's Agent
Reine Horn
Red Door Realty and Finance
Buyer's Agent
Melisa Yeo
Hawk & Dove Real Estate Group
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$357,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
U S Bank National Association
Bought by
Hdwc Inc

Purchase Details

Closed on
May 11, 2011
Sold by
Beckman Robert and Beckman Karen M
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 26, 2010
Sold by
Beckman Robert and Beckman Karen M
Bought by
Amerige Family Trust

Purchase Details

Closed on
May 19, 2000
Sold by
The Ramiro A & Jean M Oropeza Revocable
Bought by
Beckman Robert and Beckman Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1999
Sold by
Oropeza Ramiro A and Oropeza Jean M
Bought by
Oropeza Ramiro A and Oropeza Jean M
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
Chang Richard Chenko -- None Available
Chang Richard C $575,000 Ticor Title Riverside
Hdwc Inc $310,000 Ticor Title
U S Bank National Association $347,270 None Available
Amerige Family Trust -- None Available
Beckman Robert $282,000 First Southwestern Title Co
Oropeza Ramiro A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Richard Chenko $380,000
Closed Chang Richard C $417,000
Closed Chang Richard C $357,000
Previous Owner Beckman Robert $425,000
Previous Owner Beckman Robert $297,000
Previous Owner Beckman Robert $267,900
Previous Owner Beckman Robert $267,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $575,000 -4.0% $297 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
08/18/2012 08/18/12 For Sale $599,000 -- $309 / 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 $8,204 $708,063 $658,826 $49,237
2024 $8,204 $694,180 $645,908 $48,272
2023 $8,003 $680,569 $633,243 $47,326
2022 $7,943 $667,225 $620,826 $46,399
2021 $7,808 $654,143 $608,653 $45,490
2020 $7,764 $647,436 $602,412 $45,024
2019 $7,570 $634,742 $590,600 $44,142
2018 $7,457 $622,297 $579,020 $43,277
2017 $7,335 $610,096 $567,667 $42,429
2016 $7,185 $598,134 $556,536 $41,598
2015 $6,989 $589,150 $548,176 $40,974
2014 $6,791 $577,610 $537,438 $40,172
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Reine Horn

    Red Door Realty and Finance

    Section Image
  • Melisa Yeo

    Buyer's Agent in 2012

    Melisa Yeo

    Hawk & Dove Real Estate Group

    (714) 882-1119

    1 in this area

    47 Total Sales

    Melisa Yeo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S709117

California Regional Multiple Listing Service (CRMLS)

APN: 033-083-18

California Orange County Fullerton 92832

413 E Amerige Ave, Fullerton, CA

This home is located at 413 E Amerige Ave, Fullerton, CA 92832 since 18 August 2012 and is currently estimated at $943,150, approximately $486 per square foot. This property was built in 1918. 413 E Amerige Ave is a home located in Orange County with nearby schools including Raymond Elementary School, Ladera Vista Junior High School, and Fullerton Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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