NOT LISTED FOR SALE

5418 Roosevelt Ave Unit 2 Santa Ana, CA 92703

Little Saigon Neighborhood

Estimated Value: $918,000 - $1,254,000

6 Beds
3 Baths
1,967 Sq Ft
$540/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $700,000 $356 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,440/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Laundry Room
  • Post Elementary Rated A
  • No HOA
  • Tile Flooring

About This Home

As of March 2018

A must see 2 separate houses on a lot that is over 7,400, each with a 2 car garage. House #1 3 bedrooms 2 bath, house #2 3 bedrooms 1 bath. Each house has laundry access and a separate yard. All the flooring on both units is Spanish tile. Each unit has a separate water, Gas, and Electric meters. Close to schools, parks and stores. Units are located in the corner of Garden Grove and Santa Ana. (FRONT DOORS ARE FACING EAST/WEST)

Last Agent to Sell the Property

Martin Cueva

Advance Realty License #01103656 Listed on: 02/21/2018

Last Buyer's Agent

Martin Cueva

Advance Realty License #01103656 Listed on: 02/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,101

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,967 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5
  • Assessor Parcel Number 09921258

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,700
  • New Taxes Expense $8,936
  • Operating Expense $10,636
  • Net Operating Income $46,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,101

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 09921258
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 355.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Scheduled Income: 46500.00
  • Insurance Expense: 1700.00
  • Net Operating Income: 46500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 10636.00

Tax Info

  • New Taxes Expense: 8936.00
  • Tax Lot: 8
  • Tax Tract Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Vu Tuong M and Vu Tracy
Bought by
Le-Vu Trust and Vu
Current Estimated Value
$1,042,763

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 15, 2018
Sold by
The Cueva Family Trust
Bought by
Vu Tuong M and Vu Tracy
Seller's Agent
Martin Cueva
Advance Realty
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$714,900
Sold Price
$700,000
Premium/Discount to List
-$14,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$490,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2015
Sold by
Cueva Martin R and Cueva Marcia
Bought by
The Cueva Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Cueva Luis and Cueva Elva
Bought by
Cueva Luis and Cueva Elva

Purchase Details

Closed on
Sep 26, 1997
Sold by
Cooper Fellowship
Bought by
Cueva Javier and Gutierez Jose Rodrigo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,798
Interest Rate
7.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Le-Vu Trust -- None Listed On Document
Le-Vu Trust -- None Listed On Document
Vu Tuong M $700,000 Chicago Title Co
The Cueva Family Trust -- First American Title Company
Cueva Luis -- --
Cueva Javier $159,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Tuong M $457,400
Previous Owner Vu Tuong M $480,000
Previous Owner Vu Tuong M $490,000
Previous Owner The Cueva Family Trust $126,500
Previous Owner Cueva Martin R $151,500
Previous Owner Cueva Javier $155,798
Previous Owner Cooper Fellowship Inc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $700,000 -2.1% $356 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $714,900 -- $363 / 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 $9,101 $796,478 $726,181 $70,297
2024 $9,101 $780,861 $711,942 $68,919
2023 $8,934 $765,550 $697,982 $67,568
2022 $8,743 $750,540 $684,296 $66,244
2021 $8,656 $735,824 $670,878 $64,946
2020 $8,539 $728,280 $663,999 $64,281
2019 $8,373 $714,000 $650,979 $63,021
2018 $3,260 $251,613 $173,219 $78,394
2017 $3,217 $246,680 $169,823 $76,857
2016 $3,085 $241,844 $166,494 $75,350
2015 $3,042 $238,212 $163,993 $74,219
2014 $2,968 $233,546 $160,780 $72,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18040941

California Regional Multiple Listing Service (CRMLS)

APN: 099-212-58