$740,000
SOLD OCT 26, 2021
5 Beds
3 Baths
1,936 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$382 Per Sq Ft

1% Below List Price

44 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Laundry Room
  • Wall Furnace
  • 5-minute walk to Cesar Chavez Campesino Park

About This Home

As of October 2021

2 units 3/2 + 2/1. Buyer to do investigation and due diligence. Separate gas and electricity meter. Large driveway with detached 2 car garage, centrally located, close to the Santa Ana River Trail, community parks, golf course, freeways and shops. Property needs TLC.

Last Agent to Sell the Property

Lester Garcia

Homesmart Realty Group License #01884689 Listed on: 07/26/2021

Homesmart Realty Group

Last Buyer's Agent

Lester Garcia

Homesmart Realty Group License #01884689 Listed on: 07/26/2021

Homesmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,110

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 97
  • Tax Tract Number 554
  • Assessor Parcel Number 19817218

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $1,200
  • Water Sewer Expense $4,800
  • Operating Expense $6,000
  • Gross Income $49,200
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,110

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 4800.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 19817218
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 382.23
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 43200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Census Tract: 891.05
  • Tax Lot: 97
  • Tax Tract Number: 554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Dec 9, 2021
Sold by
Luong Trang Thi Thu and Nguyen Thi Thang
Bought by
Luong Trang Thi Thu
Seller's Agent
Lester Garcia
Homesmart Realty Group
Buyer's Agent
Lester Garcia
Homesmart Realty Group
List Price
$745,000
Sold Price
$740,000
Premium/Discount to List
-$5,000
-0.67%
Current Estimated Value
$883,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,546
Avg. Annual Appreciation
4.87%
Original Mortgage
$548,000
Outstanding Balance
$505,115
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,505

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 12, 2021
Sold by
Tran Mongtien T
Bought by
Luong Trang Thi Thu and Nguyen Thi Thang
Seller's Agent
Lester Garcia
Homesmart Realty Group
Buyer's Agent
Lester Garcia
Homesmart Realty Group
List Price
$745,000
Sold Price
$740,000
Premium/Discount to List
-$5,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$505,115
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,505

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jul 22, 2015
Sold by
Lai Kim
Bought by
Tran Mongtien T
Seller's Agent
Heinz Neubauer
First Services
Buyer's Agent
Bill Smith
Realty One Group West
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
May 10, 2015
Closed on
May 13, 2015
Sold by
Solorzano Ma Alicia
Bought by
Lai Kim
Seller's Agent
Alfredo Rosas
T.N.G. Real Estate Consultants
Buyer's Agent
Alfredo Rosas
T.N.G. Real Estate Consultants
List Price
$399,000
Sold Price
$399,000

Purchase Details

Listed on
May 10, 2015
Closed on
Apr 20, 2015
Sold by
Arriaga Jorge A
Bought by
Solorzano Ma Alicia
Seller's Agent
Alfredo Rosas
T.N.G. Real Estate Consultants
Buyer's Agent
Alfredo Rosas
T.N.G. Real Estate Consultants
List Price
$399,000
Sold Price
$399,000

Purchase Details

Closed on
Oct 25, 2002
Sold by
Hurtado Federico N and Hurtado Felipa N
Bought by
Arriaga Jorge A and Solorzano Ma Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $740,000 Lawyers Title Company
Grant Deed $470,000 First American Title Company
Grant Deed $399,000 Fatco
Interfamily Deed Transfer -- Fatco
Individual Deed $300,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $300,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $740,000 -0.7% $382 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $745,000 +58.5% $385 / Sq Ft
07/30/2015 07/30/15 Sold $470,000 -1.1% $243 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $475,000 +19.0% $245 / Sq Ft
05/31/2015 05/31/15 Sold $399,000 0.0% $206 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $399,000 -- $206 / 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 $9,110 $769,896 $700,616 $69,280
2023 $8,945 $754,800 $686,878 $67,922
2022 $8,745 $740,000 $673,409 $66,591
2021 $6,257 $514,012 $447,493 $66,519
2020 $6,181 $508,742 $442,905 $65,837
2019 $6,101 $498,767 $434,220 $64,547
2018 $5,950 $488,988 $425,706 $63,282
2017 $5,892 $479,400 $417,358 $62,042
2016 $5,634 $470,000 $409,174 $60,826
2015 $4,445 $361,520 $289,924 $71,596
2014 -- $354,439 $284,245 $70,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21162325

California Regional Multiple Listing Service (CRMLS)

APN: 198-172-18