NOT LISTED FOR SALE

428 N Olive St Orange, CA 92866

Estimated Value: $1,106,000 - $1,190,051

5 Beds
3 Baths
2,000 Sq Ft
$571/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $925,000 $462 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,141/month

45 Days on Market

About This Home

As of June 2017

428-428 1/2 N Olive Street is conveniently located a block away from Chapman University, a 75-acre private university in historic Old Towne Orange. 2 Units, Two Houses on a Single Lot - Built In 1914 - 2,000 Gross Sq Ft (Estimated - Buyer to Verify) - Two Bedroom, One Bathroom in Front House / Three Bedroom, Two Bathroom in Rear House - Two Garage Spaces, Four Surface Spaces - 10% Upside Potential - Rear House Has Own Backyard With Artificial Turf - Each House is Separately Metered - 0.15 Acre Lot.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 01/23/2017

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 01/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1914

Lot Details

  • 6,534 Sq Ft Lot

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 039-143-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,669

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2000
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 467.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Above Street Level
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 112201
  • Assessed Land Value: 488732
  • Assessor Parcel Number: 039-143-19
  • Geocode Override: No
  • Lot Size Area: 6534

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.90
  • Number Of Units: 2
  • Total Annual Expense: 17658
  • Type Of Units: Large
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2017
Sold by
Marlin Louis Michael and Marlin Christy Conner
Bought by
Chapman University
Current Estimated Value
$1,141,013

Purchase Details

Closed on
Jul 15, 2011
Sold by
Wechsler Cherie
Bought by
Marlin Louis Michael and Marlin Christy Lee Conner

Purchase Details

Closed on
Feb 23, 2004
Sold by
Lall Tilak R
Bought by
Lall Tilak R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Dyal Leroy
Bought by
Apitz Susanne

Purchase Details

Closed on
Jun 16, 2003
Sold by
Apitz Susanne
Bought by
Lall Tilak R

Purchase Details

Closed on
Jul 26, 2001
Sold by
Apitz Peter F and Apitz Marianne
Bought by
Apitz Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Chapman University $925,000 First American Title Company
Marlin Louis Michael $575,000 Chicago Title Company
Lall Tilak R -- Ticor Title Company
Lall Tilak R -- Ticor Title Company
Apitz Susanne -- Orange Coast Title
Lall Tilak R $483,000 Orange Coast Title
Apitz Susanne -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marlin Louis Michael $405,000
Previous Owner Lall Tilak R $448,000
Previous Owner Apitz Susanne $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $925,000 -1.1% $463 / Sq Ft
01/23/2017 01/23/17 For Sale $935,000 -- $468 / Sq Ft
Source: The MLS

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 $11,669 $1,073,539 $948,454 $125,085
2024 $11,669 $1,052,490 $929,857 $122,633
2023 $11,413 $1,031,853 $911,624 $120,229
2022 $11,193 $1,011,621 $893,749 $117,872
2021 $10,880 $991,786 $876,225 $115,561
2020 $10,780 $981,617 $867,240 $114,377
2019 $10,643 $962,370 $850,235 $112,135
2018 $10,481 $943,500 $833,563 $109,937
2017 $6,914 $622,298 $506,108 $116,190
2016 $6,782 $610,097 $496,185 $113,912
2015 $6,683 $600,933 $488,732 $112,201
2014 $6,541 $589,162 $479,158 $110,004
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Harrington

    Matthews Real Estate Investment Services

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Map

Source: The MLS

MLS Number: 17-199704

The MLS

APN: 039-143-19

California Orange County Orange 92866

428 N Olive St, Orange, CA

This home is located at 428 N Olive St, Orange, CA 92866 since 23 January 2017 and is currently estimated at $1,141,013, approximately $570 per square foot. This property was built in 1914. 428 N Olive St is a home located in Orange County with nearby schools including Cambridge Elementary School, Portola Middle School, and Orange High School.

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