Seller's Agent in 2022
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
4 in this area
80 Total Sales
Estimated Value: $1,632,000 - $2,224,000
OFFER DATE: Wednesday, May 25th, 2022 at 5:00 PM. 500 Lambert Way is a two-bedroom/one-bathroom single family home with an attached non-conforming studio unit. The front house is currently being rented on a month-to-month basis. The attached non-confirming unit is being rented out on an annual basis and set to expire in May 2023. The property consists of 1,328 square feet (per county assessor) of living space situated on a 4,200 square foot lot (per county assessor). The square footage of the attached studio unit is unknown and to be verified by buyer. This property yields a monthly rental income of $4,900 and $58,800 annually. 500 Lambert Way is part of a multi-family and single-family portfolio sale. Please refer to 207 Evandale Avenue, 590 Lambert Way and 74 Devonshire Avenue, which are adjacent or next-door to 500 Lambert Way.
Last Agent to Sell the Property
Marcus & Millichap License #02024152 Listed on: 05/11/2022
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Formosa-Devonshire Llc | $4,052,000 | Orange Coast Title | |
| A&F Properties Llc | $690,000 | None Available | |
| Stroud Whitni Jo | -- | Chicago Title | |
| Mahrholz Paul W | -- | American Title Co | |
| Selby Barton Garrett | -- | First American Title Guarant | |
| Mahrholz Paul W | $155,000 | First American Title Guarant |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stroud Whitni Jo | $381,500 | |
| Previous Owner | Mahrholz Paul W | $187,600 | |
| Previous Owner | Mahrholz Paul W | $119,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $1,052,000 | -8.5% | $792 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | For Sale | $1,150,000 | -- | $866 / Sq Ft |
| 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 | $18,267 | $1,581,199 | $1,379,570 | $201,629 |
| 2024 | $18,267 | $1,550,196 | $1,352,520 | $197,676 |
| 2023 | $20,941 | $1,764,600 | $1,632,000 | $132,600 |
| 2022 | $10,664 | $870,293 | $696,238 | $174,055 |
| 2021 | $10,405 | $853,230 | $682,587 | $170,643 |
| 2020 | $10,418 | $844,482 | $675,588 | $168,894 |
| 2019 | $9,983 | $827,925 | $662,342 | $165,583 |
| 2018 | $9,881 | $811,692 | $649,355 | $162,337 |
| 2017 | $9,476 | $795,777 | $636,623 | $159,154 |
| 2016 | $9,188 | $780,175 | $624,141 | $156,034 |
| 2015 | $8,925 | $768,457 | $614,766 | $153,691 |
| 2014 | $8,845 | $753,405 | $602,724 | $150,681 |
Seller's Agent in 2022
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
4 in this area
80 Total Sales
Source: MLSListings
MLS Number: ML81891108
APN: 160-10-015