NOT LISTED FOR SALE

514 E Adele St Anaheim, CA 92805

The Colony Neighborhood

Estimated Value: $862,000 - $974,641

5 Beds
3 Baths
1,852 Sq Ft
$493/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $870,000 $470 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,646/month

168 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Laundry Room
  • Front Yard

About This Home

As of December 2022

GREAT INCOME DUPLEX PROPERTY FOR AN INVESTOR, FRONT HOUSE 3/BR 2/ BA AND BACK UNIT 2/BR 1/BA BOTH UNITS HAVE HOOK UP FOR WASHER & DRYER... DRIVEWAY FOR SIX(5) CARS. TWO SEPARATE ELECTRICAL METERS, TWO SEPARATE GAS METERS.

Last Agent to Sell the Property

Maria Rodriguez

Mission Capital Inc. License #01307222 Listed on: 05/21/2022

Last Buyer's Agent

Sonny Ton

First Team Real Estate License #02151238

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,229 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / E
  • Tax Tract Number 326
  • Assessor Parcel Number 03517505
  • $498 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,680
  • Insurance Expense $1,400
  • Trash Expense $624
  • Water Sewer Expense $1,440
  • Operating Expense $5,144
  • Gross Income $47,400
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Anaheim
  • Water Sewer Expenses: 1440.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 03517505
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 469.76

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 624.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6229.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 1104 Square Feet
  • Average2 Bed Area: 748 Square Feet
  • Electric Expense: 1680.00
  • Gross Income: 47400.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6229.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2200.00
  • Rent Control: Yes
  • Total Expenses: 5144.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 873.01
  • Tax Lot: 4
  • Tax Tract Number: 326
  • TaxOtherAnnualAssessmentAmount: 498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Nov 17, 2022
Sold by
Quezada Edgar and Quezada Maria
Bought by
Gunther Nieko and Gunther Isabel
Seller's Agent
Maria Rodriguez
Mission Capital Inc.
Buyer's Agent
Sonny Ton
First Team Real Estate
List Price
$899,900
Sold Price
$870,000
Premium/Discount to List
-$29,900
-3.32%
Views
95
Current Estimated Value
$913,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,910
Avg. Annual Appreciation
1.65%
Original Mortgage
$840,963
Outstanding Balance
$815,499
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$98,411

Purchase Details

Closed on
Sep 30, 2021
Sold by
Quezada Edgar
Bought by
Quezada Edgar and Dede Sotelo De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2015
Sold by
Quezada Joel
Bought by
Quezada Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,183
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 29, 2014
Sold by
Ouezada Rosario
Bought by
Quezada Edgar
Seller's Agent
XOCHITL ROJAS
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
Maria Rodriguez
Mission Capital Inc.
List Price
$479,000
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$462,962
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 8, 2014
Sold by
Oregel Ronald and Huerta Theresa
Bought by
Quezada Edgar and Quezada Joel
Seller's Agent
XOCHITL ROJAS
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
Maria Rodriguez
Mission Capital Inc.
List Price
$479,000
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,962
Interest Rate
4.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gunther Nieko $870,000 Pacific Coast Title
Quezada Edgar -- Pacific Coast Title Company
Quezada Edgar -- Pacific Coast Title Company
Quezada Edgar -- None Available
Quezada Joel -- None Available
Quezada Edgar $479,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunther Nieko $840,963
Previous Owner Quezada Edgar $554,000
Previous Owner Quezada Edgar $464,183
Previous Owner Quezada Edgar $462,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $870,000 -3.3% $470 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $899,900 0.0% $486 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $899,900 +87.9% $486 / Sq Ft
04/04/2014 04/04/14 Sold $479,000 0.0% $342 / Sq Ft View Prior Sale
02/22/2014 02/22/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $479,000 -- $342 / 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 $10,292 $905,148 $861,321 $43,827
2024 $10,292 $887,400 $844,432 $42,968
2023 $10,079 $870,000 $827,874 $42,126
2022 $6,394 $531,514 $511,297 $20,217
2021 $6,522 $538,393 $502,272 $36,121
2020 $6,494 $532,873 $497,122 $35,751
2019 $6,300 $522,425 $487,375 $35,050
2018 $6,169 $512,182 $477,819 $34,363
2017 $5,927 $502,140 $468,450 $33,690
2016 $5,908 $492,295 $459,265 $33,030
2015 $5,897 $488,570 $455,789 $32,781
2014 $806 $32,417 $19,502 $12,915
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maria Rodriguez

    Mission Capital Inc.

    (714) 292-6304

    1 in this area

    15 Total Sales

    Maria Rodriguez
    Section Image
  • Sonny Ton

    Buyer's Agent in 2022

    Sonny Ton

    First Team Real Estate

    (714) 844-1968

    1 in this area

    19 Total Sales

    Sonny Ton
    Section Image
  • Alexander Yu

    Buyer Co-Listing Agent in 2022

    Alexander Yu

    First Team Real Estate

    (949) 759-5747

    16 in this area

    357 Total Sales

    Alexander Yu
    Section Image

  • X

    Seller's Agent in 2014

    XOCHITL ROJAS

    BERKSHIRE HATH HM SVCS CA PROP

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22108203

California Regional Multiple Listing Service (CRMLS)

APN: 035-175-05

California Orange County Anaheim 92805 The Colony

514 E Adele St, Anaheim, CA

Not Listed for Sale

MultiFamily

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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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