NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,837,167

6 Beds
3 Baths
2,207 Sq Ft
$677/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $1,200,000 $544 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,689/month

69 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Laundry Room
  • 0.42 Acre Lot
  • Pull-through
  • Carport

About This Home

As of November 2022

Two on a Lot with a Huge 18,479 Sq. Ft. R2 Lot. Front Unit is a 4 Br 2 Full Bath with attached 2 car garage, and a HUGE Family Room with and Fireplace, built in 1963 with Approx. 1343 Sq. Ft. of Living Space, and Back unit is a 2 Br 1 Bath with a 2 Car detached 2 car garage built in 1952 with Approx. 864 Sq. Ft. of Living Space. Value mainly in the land. Has RV Access.

Last Listed By

Baldwin Pedraza

Baldwin Pedraza License #00888784 Listed on: 07/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,869

Year Built

  • Built in 1963

Lot Details

  • 0.42 Acre Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Value in Land

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Carport
  • Pull-through
  • Parking Available
  • Front Facing Garage
  • Auto Driveway Gate
  • Combination Of Materials Used In The Driveway
  • Driveway Level
  • Parking Lot
  • RV Access or Parking
  • Unassigned Parking

Interior Spaces

  • 2,207 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 57
  • Tax Tract Number 131
  • Assessor Parcel Number 10813157
  • $498 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Operating Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,869

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 699500
  • Property Attached: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 10813157
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 543.72
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Attached Carport, Detached Carport, Driveway, Driveway - Combination, Driveway Level, Garage Faces Front, Parking Space, Pull-through, RV Access/Parking, Unassigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Level, Value In Land
  • Lot Size Sq Ft: 18479.00
  • Lot Size Acres: 0.4242
  • Latitude Manual: 33.73850000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 18479.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2000.00
  • Vacancy Allowance: 5

Tax Info

  • Tax Census Tract: 992.47
  • Tax Lot: 57
  • Tax Tract Number: 131
  • TaxOtherAnnualAssessmentAmount: 498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Chau Kathie
Bought by
Chau Hung Thien
Total Days on Market
69
Current Estimated Value
$1,494,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Outstanding Balance
$825,535
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$669,257

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 23, 2022
Sold by
Nellie Ponce Munoz Living Trust
Bought by
Cao Phuong
Seller's Agent
Baldwin Pedraza
Baldwin Pedraza
Buyer's Agent
Baldwin Pedraza
Baldwin Pedraza
List Price
$1,699,000
Sold Price
$1,200,000
Premium/Discount to List
-$499,000
-29.37%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Apr 17, 2021
Sold by
Munoz Nellie Ponce
Bought by
Munoz Nellie Ponce

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
Chau Hung Thien -- First American Title
Chau Hung Thien $1,350,000 First American Title
Cao Phuong $1,200,000 First American Title
Munoz Nellie Ponce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Hung Thien $845,000
Previous Owner Munoz Nellie Ponce $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $1,200,000 -14.2% $544 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $1,399,000 +7.7% $634 / Sq Ft
08/24/2022 08/24/22 Price Changed $1,299,000 -7.1% $589 / Sq Ft
08/04/2022 08/04/22 Price Changed $1,399,000 -6.7% $634 / Sq Ft
07/17/2022 07/17/22 Price Changed $1,499,000 -11.8% $679 / Sq Ft
07/15/2022 07/15/22 For Sale $1,699,000 -- $770 / 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
2024 $15,869 $1,377,000 $1,275,950 $101,050
2023 $13,914 $1,200,000 $1,106,056 $93,944
2022 $1,388 $79,363 $30,728 $48,635
2021 $1,370 $77,807 $30,125 $47,682
2020 $1,353 $77,010 $29,816 $47,194
2019 $1,341 $75,500 $29,231 $46,269
2018 $1,313 $74,020 $28,658 $45,362
2017 $1,299 $72,569 $28,096 $44,473
2016 $1,255 $71,147 $27,546 $43,601
2015 $1,238 $70,079 $27,132 $42,947
2014 $1,210 $68,707 $26,601 $42,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22155606

California Regional Multiple Listing Service (CRMLS)

APN: 108-131-57