NOT LISTED FOR SALE

528 N Parker St Orange, CA 92868

Estimated Value: $937,000 - $1,364,000

5 Beds
3 Baths
2,135 Sq Ft
$516/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $405,000 $190 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $6,437/month

158 Days on Market

Highlights

  • Cottage
  • Double Pane Windows
  • No Heating
  • Cul-De-Sac
  • Wood Siding

About This Home

As of December 2012

TWO DETACHED HOUSES ON A LOT! Investment property with great potential - Buy one for yourself to live in, and rent out the other. Front house, built approximately 12 years ago, is 2bd/1ba w/ attached 1-car garage. Rear house, built as originl in the 1930s, is 3Bd/2Ba with a detached 2-car garage. Each unit has its own washer/dryer hookups (rear unit washer/dryer hookups are in garage; front unit's washer/dryer hookups are located interior of the house). Parcel is zoned R-3 (Buyer to verify w/ City) and is situated next to 520 N. Parker, which is also currently for sale! Good rental area close to Chapman University! Current rents appear to be low - possible potential to increase. Buyer should check market rents and confirm that this could easily turn into a 11.4 x gross income property.

Last Agent to Sell the Property

Cindy Morgan

Cindy Morgan, Broker License #01024630 Listed on: 05/31/2012

Last Buyer's Agent

Sam Pitassi

Mortgage Funding Group License #01244381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,710

Year Built

  • Built in 1930

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 100x135
  • Cul-De-Sac

Parking

  • 3 Car Garage
  • Two Garage Doors
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,135 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 749
  • Assessor Parcel Number 03908210

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,710

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow, Cottage
  • Property Type: Residential Income
  • Parcel Number: 03908210
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 189.70
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Gravel, Garage - Single Door, Street, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size: 100x135
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 2400.00
  • Gross Multiplier: 14.93
  • Gross Scheduled Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 08001
  • Tax Lot: 11
  • Tax Tract Number: 749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2015
Sold by
Weeks Kenneth Craig and Weeks Lorena Dino
Bought by
Weeks Family Revocable Trust
Current Estimated Value
$1,102,509

Purchase Details

Listed on
May 31, 2012
Closed on
Nov 2, 2012
Sold by
Bednarski Paul J
Bought by
Weeks Kenneth Craig
Seller's Agent
Cindy Morgan
Cindy Morgan, Broker
Buyer's Agent
Sam Pitassi
Mortgage Funding Group
List Price
$535,000
Sold Price
$405,000
Premium/Discount to List
-$130,000
-24.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$300,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Weeks Family Revocable Trust -- None Available
Weeks Kenneth Craig $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weeks Kenneth Craig $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $405,000 -24.3% $190 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $535,000 -- $251 / 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 $5,710 $498,722 $315,163 $183,559
2024 $5,710 $488,944 $308,984 $179,960
2023 $5,581 $479,357 $302,925 $176,432
2022 $5,471 $469,958 $296,985 $172,973
2021 $5,322 $460,744 $291,162 $169,582
2020 $5,273 $456,020 $288,176 $167,844
2019 $5,209 $447,079 $282,526 $164,553
2018 $5,131 $438,313 $276,986 $161,327
2017 $4,924 $429,719 $271,555 $158,164
2016 $4,831 $421,294 $266,231 $155,063
2015 $4,760 $414,966 $262,232 $152,734
2014 $4,659 $406,838 $257,095 $149,743
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cindy Morgan

    Cindy Morgan, Broker

  • S

    Buyer's Agent in 2012

    Sam Pitassi

    Mortgage Funding Group

    (949) 632-3972

    1 in this area

    47 Total Sales

    Sam Pitassi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S699812

California Regional Multiple Listing Service (CRMLS)

APN: 039-082-10

California Orange County Orange 92868

528 N Parker St, Orange, CA

This home is located at 528 N Parker St, Orange, CA 92868 since 31 May 2012 and is currently estimated at $1,102,509, approximately $516 per square foot. This property was built in 1930. 528 N Parker St is a home located in Orange County with nearby schools including Sycamore Elementary School, Portola Middle School, and Orange 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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