NOT LISTED FOR SALE

Estimated Value: $491,000 - $561,679

2 Beds
1 Bath
735 Sq Ft
$725/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $575,000 $782 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,052/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Eat-In Kitchen
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of October 2024

Welcome to 4584 Marmian way. This quaint Magnolia Center home offers tremendous opportunity for rental income, multi-generational family living, & opportunity for RV parking or pool. As you walk down the pathway you are welcomed by the large front porch, envision your kids/grandkids running around this safe neighborhood. Entering through the front door you are greeted by the living room which features a cozy fireplace, kitchen, & your two standard bedrooms & 1 bathroom. This unusually large size kitchen is left for those who appreciate late 1940s & early 1950s living or can be remolded to buyers liking. Those who enjoy entertaining will love the backyard as it is set up for those late hours parties or family get together. As you pass by the outdoor fireplace you will stumble upon the large square lot which allows for RV parking, potential pool, or another living structure (please verify with the city). This home features a 400sqft detached garage with opportunity for an ADU (washer, gas dryer hook ups are installed), or workshop. Newer roof installed on both house & garage (2022), Newer electrical panel upgraded (2022), New water main installed about 6 months ago, Newer exterior paint, & more. So much opportunity for growth, make this home yours today.

Last Agent to Sell the Property

Hasaranga Ratnayake

Hass & John Real Estate Brokerage Phone: 9512614248 License #01964732 Listed on: 09/04/2024

Last Buyer's Agent

Hasaranga Ratnayake

Hass & John Real Estate Brokerage Phone: 9512614248 License #01964732 Listed on: 09/04/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Property is zoned R1065

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Schools

  • Polytechnic High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / A
  • Tax Tract Number 5
  • Assessor Parcel Number 226253001
  • $66 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1065
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 226253001
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 735.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 782.31
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Polytechnic
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Census Tract: 310.01
  • Tax Lot: 11
  • Tax Tract Number: 005
  • TaxOtherAnnualAssessmentAmount: 66.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 10, 2024
Sold by
Lopez Trevor K and Lopez Megan A
Bought by
Torres Luis Alberto Hern
Seller's Agent
Hasaranga Ratnayake
Hass & John Real Estate
Buyer's Agent
Hasaranga Ratnayake
Hass & John Real Estate
List Price
$549,999
Sold Price
$575,000
Premium/Discount to List
$25,001
4.55%
Views
20
Current Estimated Value
$532,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,080
Avg. Annual Appreciation
-5.94%
Original Mortgage
$460,000
Outstanding Balance
$455,164
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$77,756

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 9, 2016
Sold by
Siordian Donna
Bought by
Lopez Trevor K and Lopez Megan A
Seller's Agent
Betsy Herrick
Vista Sotheby's International Realty
Buyer's Agent
Sara Beresford
COLDWELL BANKER REALTY
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$245,471
Interest Rate
3.45%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Torres Luis Alberto Hern $575,000 Orange Coast Title
Lopez Trevor K $250,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Luis Alberto Hern $460,000
Previous Owner Lopez Trevor K $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $575,000 0.0% $782 / Sq Ft
09/19/2024 09/19/24 Price Changed $575,000 +4.5% $782 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $549,999 +120.0% $748 / Sq Ft
09/23/2016 09/23/16 Sold $250,000 0.0% $340 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $250,000 -- $340 / 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 $3,179 $575,000 $175,000 $400,000
2023 $3,179 $278,876 $78,085 $200,791
2022 $3,108 $273,408 $76,554 $196,854
2021 $3,074 $268,048 $75,053 $192,995
2020 $3,051 $265,301 $74,284 $191,017
2019 $2,994 $260,100 $72,828 $187,272
2018 $2,937 $255,000 $71,400 $183,600
2017 $2,885 $250,000 $70,000 $180,000
2016 $446 $33,955 $11,909 $22,046
2015 $439 $33,447 $11,731 $21,716
2014 $434 $366,129 $136,614 $229,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24183276

California Regional Multiple Listing Service (CRMLS)

APN: 226-253-001