NOT LISTED FOR SALE

504 S Malden Ave Fullerton, CA 92832

Estimated Value: $951,000 - $1,078,000

4 Beds
2 Baths
1,580 Sq Ft
$634/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $765,000 $484 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,182/month

Highlights

  • No HOA
  • Cooling Available
  • ENERGY STAR Qualified Equipment for Heating
  • Fullerton Union High School Rated A
  • Laundry Room
  • Chain Link Fence

About This Home

As of February 2021

Address is not correct on the MLS, the units are confirmed on Appraisal as 502 and 502 1/2 Malden Avenue. Units sold before being able to go on market. Unit information is for comparable purposes only.

Last Agent to Sell the Property

Sean Malone

NON-MEMBER/NBA or BTERM OFFICE License #02021223 Listed on: 02/24/2021

NON-MEMBER/NBA or BTERM OFFICE

Co-Listed By

Kellee Spillman-Malone

Reliable Realty Inc. License #01226866

Last Buyer's Agent

Sean Malone

NON-MEMBER/NBA or BTERM OFFICE License #02021223 Listed on: 02/24/2021

NON-MEMBER/NBA or BTERM OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,200

Year Built

  • Built in 1919

Lot Details

  • 6,003 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 3
  • Assessor Parcel Number 03227223

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,100
  • Insurance Expense $1,500
  • Trash Expense $950
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,700
  • Operating Expense $6,700
  • Gross Income $25,000
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,200

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Fullerton Creek Homes (FUCH)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 03227223
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Price Per Square Foot: 484.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 950.00
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6003.00
  • Lot Size Acres: 0.1378

Multi Family

  • Electric Expense: 2100.00
  • Gross Income: 25000.00
  • Gross Scheduled Income: 500000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6003.0000 Square Feet
  • Net Operating Income: 25000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 75000.00
  • Rent Control: No
  • Total Expenses: 6700.00

Tax Info

  • New Taxes Expense: 2700.00
  • Tax Census Tract: 116.01
  • Tax Lot: 45
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jan 22, 2021
Sold by
Havins David E and Havins Vikki L
Bought by
Garcia Erick and Acevedo Christian
Seller's Agent
Sean Malone
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Sean Malone
NON-MEMBER/NBA or BTERM OFFICE
List Price
$765,000
Sold Price
$765,000
Current Estimated Value
$1,001,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,435
Avg. Annual Appreciation
4.82%
Original Mortgage
$739,468
Outstanding Balance
$666,849
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$280,040

Purchase Details

Closed on
Jan 9, 1995
Sold by
Youngstrom Martin Gustav and Youngstrom Adele Lepicart
Bought by
Havins David E and Havins Vikki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
9.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 1994
Sold by
Lepicart Adele and Youngstrom Adele Lepicart
Bought by
Youngstrom Martin Gustav and Youngstrom Adele Lepicart
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
Garcia Erick $765,000 Lawyers Title
Havins David E $85,000 South Coast Title Company
Youngstrom Martin Gustav -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Erick $739,468
Previous Owner Havins David E $313,400
Previous Owner Havins David E $100,000
Previous Owner Havins David E $168,000
Previous Owner Havins David E $45,000
Previous Owner Havins David E $126,000
Previous Owner Havins David E $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $765,000 0.0% $484 / Sq Ft
02/24/2021 02/24/21 For Sale $765,000 -- $484 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
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 $9,200 $828,060 $774,788 $53,272
2024 $9,200 $811,824 $759,596 $52,228
2023 $8,978 $795,906 $744,702 $51,204
2022 $8,920 $780,300 $730,100 $50,200
2021 $3,183 $248,276 $190,258 $58,018
2020 $3,164 $245,731 $188,307 $57,424
2019 $3,090 $240,913 $184,614 $56,299
2018 $3,045 $236,190 $180,994 $55,196
2017 $2,995 $231,559 $177,445 $54,114
2016 $2,936 $227,019 $173,966 $53,053
2015 $2,858 $223,609 $171,352 $52,257
2014 $2,779 $219,229 $167,995 $51,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21037056

California Regional Multiple Listing Service (CRMLS)

APN: 032-272-23