NOT LISTED FOR SALE

6942 Dresden Cir Huntington Beach, CA 92647

Estimated Value: $1,274,000 - $1,532,000

6 Beds
3 Baths
2,549 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $745,000 $292 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $8,017/month

100 Days on Market

Highlights

  • Active Adult
  • Property is near a park
  • Built-In Features
  • Primary Bedroom Suite
  • No HOA
  • 5-minute walk to Greer Park

About This Home

As of October 2017

In-home business additional price above real estate, income approx $20,000 per month - total price for business $150,000 PRICE REDUCED for business!

Last Agent to Sell the Property

Tonya Campos

New Concept Properties License #00634020 Listed on: 06/12/2017

Last Buyer's Agent

Tonya Campos

New Concept Properties License #00634020 Listed on: 06/12/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,753

Year Built

  • Built in 1961

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 60 x 108
  • Two or More Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,549 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating
  • Sewer Paid
  • Phone System

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 3789
  • Assessor Parcel Number 14513118

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Building Details

  • 5 Leased Units
  • Electric Expense $1,680
  • Fuel Expense $960
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,284
  • New Taxes Expense $7,500
  • Operating Expense $13,224
  • Gross Income $240,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,753

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 800000
  • Property Attached: Yes
  • Subdivision Name Other: huntington
  • Water Sewer Expenses: 1284.00
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 14513118
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Phone System
  • Stories: 1
  • Entry Location: front door
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 292.27
  • Room Type: All Bedrooms Down, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Near Public Transit, Park Nearby
  • Lot Size: 60 x 108
  • Lot Size Sq Ft: 6480.00

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 960.00
  • Gross Income: 240000.00
  • Gross Scheduled Income: 240000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 48000.00
  • Number Of Units Leased: 5
  • Number Of Units Total: 1
  • Operating Expense: 192000.00
  • Rent Control: No
  • Total Actual Rent: 19600.00
  • Total Expenses: 13224.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Area: 04019
  • Tax Census Tract: 996.05
  • Tax Lot: 37
  • Tax Tract Number: 3789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 5, 2017
Sold by
Muzic Joy M
Bought by
Cheng Chin Wen
Seller's Agent
Tonya Campos
New Concept Properties
Buyer's Agent
Tonya Campos
New Concept Properties
List Price
$757,479
Sold Price
$745,000
Premium/Discount to List
-$12,479
-1.65%
Current Estimated Value
$1,373,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,577
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Feb 1, 2013
Sold by
Muzic Joy M and Muzic Joy May
Bought by
Muzic Joy M and The Joy M Muzic Living Trust

Purchase Details

Closed on
Aug 6, 2007
Sold by
Cuartero Maria
Bought by
Muzic Joy May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
Lazo Ligaya B
Bought by
Lazo Ligaya B and Ligaya B Lazo Trust

Purchase Details

Closed on
Dec 5, 2005
Sold by
Lazo Ligaya B
Bought by
Lazo Ligaya B

Purchase Details

Closed on
Jun 7, 2002
Sold by
Lazo Ligaya B
Bought by
Lazo Ligaya B and Ligaya B Lazo Living Trust

Purchase Details

Closed on
Jan 31, 1996
Sold by
Lazo Ligaya B
Bought by
Lazo Ligaya B and Cuartero Maria G

Purchase Details

Closed on
Jan 23, 1996
Sold by
Lazo Ligaya B and Hawryla James S
Bought by
Lazo Ligaya B

Purchase Details

Closed on
Jul 14, 1994
Sold by
Tran Thu T B
Bought by
Lazo Ligaya B and Hawryla James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
8.55%

Purchase Details

Closed on
May 27, 1994
Sold by
Dinh Tu C
Bought by
Tran Thu T B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
8.55%

Purchase Details

Closed on
Sep 25, 1993
Sold by
Dinh Hoa Thi
Bought by
Dinh Tu Cuong
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
Cheng Chin Wen $745,000 Chicago Title Co
Muzic Joy M -- None Available
Muzic Joy May $655,000 Southland Title
Lazo Ligaya B -- Southland Title
Lazo Ligaya B -- Southland Title
Lazo Ligaya B -- --
Lazo Ligaya B -- --
Lazo Ligaya B -- --
Lazo Ligaya B $247,000 Orange Coast Title Company
Tran Thu T B -- --
Dinh Tu Cuong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muzic Joy May $417,000
Previous Owner Lazo Ligaya B $222,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2017 10/26/17 Sold $745,000 -0.7% $292 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
07/18/2017 07/18/17 Price Changed $749,999 -1.0% $294 / Sq Ft
06/12/2017 06/12/17 For Sale $757,479 -- $297 / 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 $9,753 $847,681 $732,022 $115,659
2024 $9,753 $831,060 $717,668 $113,392
2023 $9,424 $814,765 $703,596 $111,169
2022 $9,288 $798,790 $689,800 $108,990
2021 $9,086 $783,128 $676,275 $106,853
2020 $8,976 $775,098 $669,340 $105,758
2019 $8,869 $759,900 $656,215 $103,685
2018 $8,870 $745,000 $643,348 $101,652
2017 $9,638 $741,307 $603,815 $137,492
2016 $9,354 $726,772 $591,975 $134,797
2015 $9,218 $715,856 $583,083 $132,773
2014 $8,024 $701,834 $571,661 $130,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17131875

California Regional Multiple Listing Service (CRMLS)

APN: 145-131-18