NOT LISTED FOR SALE

512 W Commonwealth Ave Fullerton, CA 92832

Downtown Fullerton Neighborhood

Estimated Value: $665,000 - $901,209

5 Beds
3 Baths
2,501 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $530,000 $212 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,714/month

194 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Ford Park
  • Golden Hill Elementary School Rated A-

About This Home

As of April 2014

Excellent investment! Turnkey remodeled gem in the City of Fullerton. Ready for a new owner. Entertainers kitchen with new cabinets, granite counters and new stainless appliances. Features new wood laminate flooring throughout. Second permitted 1 bed / 1 bath house in the back, rent it out or move a family member in. 2 car detached garage from the alley. This house has alley access in the back.

Last Agent to Sell the Property

Ken Landis

GAS STATION EXCHANGE CORP License #01799146 Listed on: 01/03/2014

Last Buyer's Agent

CARMEN SMILEY

HOMES & LAND OF CALIFORNIA License #00939472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,501 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 82
  • Assessor Parcel Number 33104040

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • New Taxes Expense $6,500
  • Gross Income $3,400
  • Net Operating Income $34,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,760

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 33104040
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 211.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 34300.00
  • Number Of Units Total: 2
  • Operating Expense: 6500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 4
  • Tax Tract Number: 082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2018
Sold by
Green Jere C and Green Michael L
Bought by
Urban Street Ventures Inc
Total Days on Market
194
Current Estimated Value
$813,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 22, 2015
Sold by
Greene Jere C
Bought by
Greene Jere C and Greene Michael L
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
Urban Street Ventures Inc $367,500 Wfg Title Co Of California
Greene Jere C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Street Ventures Inc $300,000
Closed Urban Street Ventures Inc $350,000
Closed Ubran Street Ventures Inc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $530,000 -7.0% $212 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $569,700 -- $228 / 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 $4,760 $409,504 $357,416 $52,088
2023 $4,645 $401,475 $350,408 $51,067
2022 $4,612 $393,603 $343,537 $50,066
2021 $4,532 $385,886 $336,801 $49,085
2020 $4,507 $381,930 $333,348 $48,582
2019 $4,393 $374,442 $326,812 $47,630
2018 $711 $39,860 $20,463 $19,397
2017 $698 $39,079 $20,062 $19,017
2016 $686 $38,313 $19,668 $18,645
2015 $669 $37,738 $19,373 $18,365
2014 -- $36,999 $18,993 $18,006
Source: Public Records

Agents Affiliated with this Home

  • Ken Landis

    Seller's Agent in 2014

    Ken Landis

    GAS STATION EXCHANGE CORP

    (951) 204-1742

    19 Total Sales

    Ken Landis
    Section Image

  • C

    Buyer's Agent in 2014

    CARMEN SMILEY

    HOMES & LAND OF CALIFORNIA

    (714) 404-4044

    17 Total Sales

    CARMEN SMILEY
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13164134

California Regional Multiple Listing Service (CRMLS)

APN: 033-104-04

California Orange County Fullerton 92832 Downtown Fullerton

512 W Commonwealth Ave, Fullerton, CA

This home is located at 512 W Commonwealth Ave, Fullerton, CA 92832 since 03 January 2014 and is currently estimated at $813,302, approximately $325 per square foot. This property was built in 1922. 512 W Commonwealth Ave is a home located in Orange County with nearby schools including Golden Hill Elementary School, Nicolas Junior High School, and Fullerton Union 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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