NOT LISTED FOR SALE

701 E Fairway Dr Orange, CA 92866

Orange Area
5 Beds
4 Baths
2,191 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: March 24, 2016

Last sale price $700,000 $319 Per Sq Ft

143 Days on Market

About This Home

As of March 2016

This 2 bedroom, 2 bathroom property located at 701 E Fairway Dr, Orange, CA 92866 offers 988 square feet of living space. Located at the end of a quiet cul-de-sac, and near the Santiago river bike path that takes you to Hart park. About 1.5 miles from Old Town Orange. The primary bedroom has its own bathroom with tiled shower. The detached garage offers parking for 1 car, and 1 additional car can be parked on the driveway. Street parking is also available. Washer and dryer are located in the unit, in the private back patio, which is accessed through the primary bedroom. Forced air (heater and AC). Ceiling fans in the bedrooms, and over the dining nook. Move in date is somewhat flexible - Starting September 1st we will be working on turnover from previous tenants. Depending on what maintenance needs to be done upon inspection, the property may be available sooner than the listed September 15th date. Small dog under 40 pounds (with pet deposit). Income-to-rent ratio: 2.5x (non-negotiable).

Last Agent to Sell the Property

Carlos Rodriguez

Coldwell Banker Platinum Prop License #01406954 Listed on: 09/14/2015

Coldwell Banker Platinum Prop

Co-Listed By

Stephen Doughty

Coldwell Banker Platinum Prop License #01502374

Last Buyer's Agent

Bertha Aguilar

Camino Real Realty License #01185778

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Block Wall Fence

Parking

  • 3 Car Garage

Home Design

  • 2,191 Sq Ft Home
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 7652
  • Assessor Parcel Number 39003111

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,000
  • Water Sewer Expense $2,760
  • New Taxes Expense $7,500
  • Gross Income $3,850
  • Net Operating Income $32,216

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

7,841 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.50
  • Property Attached: Yes
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 39003111
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 319.49

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 89.27
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3850.00
  • Gross Multiplier: 15.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 32216.00
  • 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: 13060.00
  • Rent Control: No
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 11
  • Tax Tract Number: 7652
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 12, 2016
Sold by
Bought by
Seller's Agent
Carlos Rodriguez
Coldwell Banker Platinum Prop
Buyer's Agent
Bertha Aguilar
Camino Real Realty
List Price
$710,000
Sold Price
$700,000
Premium/Discount to List
-$10,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$408,063
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 Lawyers Title
-- None Available
-- None Available
-- None Available
$695,000 Fidelity National Title
-- --
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Closed $540,000
Previous Owner $556,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Off Market $3,200 -- --
08/21/2025 08/21/25 For Rent $3,200 0.0% --
03/24/2016 03/24/16 Sold $700,000 -1.4% $319 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $710,000 -- $324 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,342 $845,228 $693,905 $151,323
2025 $9,136 $828,655 $680,299 $148,356
2024 $9,136 $812,407 $666,959 $145,448
2023 $8,934 $796,478 $653,881 $142,597
2022 $8,687 $780,861 $641,060 $139,801
2021 $8,444 $765,550 $628,490 $137,060
2020 $8,365 $757,701 $622,046 $135,655
2019 $8,259 $742,845 $609,849 $132,996
2018 $8,133 $728,280 $597,891 $130,389
2017 $7,795 $714,000 $586,167 $127,833
2016 $7,407 $670,065 $538,635 $131,430
2015 $7,299 $660,000 $530,544 $129,456
2014 -- $595,000 $465,544 $129,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15203104

California Regional Multiple Listing Service (CRMLS)

APN: 390-031-11

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