NOT LISTED FOR SALE

4861 Merten Ave Cypress, CA 90630

Estimated Value: $862,000 - $1,205,000

4 Beds
2 Baths
1,731 Sq Ft
$579/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $580,000 $335 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,020/month

57 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • No HOA
  • Clara J. King Elementary School Rated A-
  • Wood Flooring
  • Two Homes on a Lot

About This Home

As of April 2014

Great investment opportunity!! in the wonderful city of Cypress...Location is great. Huge lot just over 10,000 sq. ft. 2 houses currently on the lot, potential of building more units. This lot is zoned for multi units arm 20, can have up to 4 units on the lot. Main house has 2 bedrooms and 1 bath. approx. 939 sq. ft. This home has been completely re-done 2 years ago...Granite kitchen, wood flooring, new bath, roof, plumbing, electrical...all re-done. 2nd unit has had a long term tenant and needs TLC, this unit features 2 bedrooms and 1 bathroom approx. sq. ft. 792. Live in main house and rent out other unit. Build in future for more income. Seller has drawings for additional units. Both homes are currently rented. Great Cypress schools.

Last Agent to Sell the Property

Ann Duenes

Capri Realty License #01382619 Listed on: 01/17/2014

Last Buyer's Agent

Mauricio Montealegre

First Team Real Estate License #01207143

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,109

Year Built

  • Built in 1952

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 1,731 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Two Homes on a Lot

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 527
  • Assessor Parcel Number 26232213

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,109

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Number: 562-547-4118
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26232213
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1731.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 335.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Shingle Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 17, 2014
Sold by
Figueroa Martin A
Bought by
Sanchez Jesus and Sanchez Lorena Luna
Seller's Agent
Ann Duenes
Capri Realty
Buyer's Agent
Mauricio Montealegre
First Team Real Estate
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Current Estimated Value
$1,003,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,110
Avg. Annual Appreciation
4.85%
Original Mortgage
$435,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Figueroa Martin A and Covey Silvina
Bought by
Figueroa Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2003
Sold by
Figueroa Martin A
Bought by
Figueroa Martin A and Figueroa Silvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2000
Sold by
Figueroa Silvina
Bought by
Figueroa Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1997
Sold by
Kay Andre Judy and Kay Robert F
Bought by
Figueroa Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,191
Interest Rate
7.57%
Mortgage Type
FHA
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
Sanchez Jesus $580,000 Chicago Title Company
Figueroa Martin A -- Equity Title Company
Figueroa Martin A -- American Title Co
Figueroa Martin A -- American Title
Figueroa Martin A $136,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jesus $433,000
Closed Sanchez Jesus $435,000
Previous Owner Figueroa Martin A $50,000
Previous Owner Figueroa Martin A $137,450
Previous Owner Figueroa Martin A $149,000
Previous Owner Figueroa Martin A $146,500
Previous Owner Figueroa Martin A $234,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $580,000 -3.3% $335 / Sq Ft
03/07/2014 03/07/14 Price Changed $600,000 -2.4% $347 / Sq Ft
01/17/2014 01/17/14 For Sale $615,000 -- $355 / 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 $8,109 $710,996 $631,731 $79,265
2024 $8,109 $697,055 $619,344 $77,711
2023 $7,924 $683,388 $607,200 $76,188
2022 $7,832 $669,989 $595,294 $74,695
2021 $7,730 $656,852 $583,621 $73,231
2020 $7,700 $650,117 $577,636 $72,481
2019 $7,485 $637,370 $566,310 $71,060
2018 $7,385 $624,873 $555,206 $69,667
2017 $7,133 $612,621 $544,320 $68,301
2016 $7,074 $600,609 $533,647 $66,962
2015 $7,024 $591,588 $525,631 $65,957
2014 $2,349 $177,012 $60,810 $116,202
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Ann Duenes

    Capri Realty

    Section Image
  • Mauricio Montealegre

    Buyer's Agent in 2014

    Mauricio Montealegre

    First Team Real Estate

    (562) 884-9644

    53 Total Sales

    Mauricio Montealegre
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14028388

California Regional Multiple Listing Service (CRMLS)

APN: 262-322-13

California Orange County Cypress 90630

4861 Merten Ave, Cypress, CA

This home is located at 4861 Merten Ave, Cypress, CA 90630 since 17 January 2014 and is currently estimated at $1,003,110, approximately $579 per square foot. This property was built in 1952. 4861 Merten Ave is a home located in Orange County with nearby schools including Clara J. King Elementary School, Walker Junior High School, and John F. Kennedy 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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