NOT LISTED FOR SALE

Estimated Value: $499,000 - $561,000

6 Beds
3 Baths
2,200 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $365,000 $166 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,322/month

18 Days on Market

Highlights

  • Horse Property
  • Lawn
  • Laundry Room
  • 0.46 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Level Lot

About This Home

As of March 2020

The main house has 4 bed/2 bath and approximately 1500sf of living area. The garage was converted into a second bedroom for the second unit which has about 700sf of living area. Laundry hookups. 2 individual gas and electric meters. Plumbing is about seven years old. The property has opportunity for one to add on more units if desired. It is zoned for horses. So, plenty of opportunity to create for your specific needs.

Last Agent to Sell the Property

Kimberly Olbrich

CENTURY 21 CITRUS REALTY INC License #01851689 Listed on: 01/04/2020

CENTURY 21 CITRUS REALTY INC

Last Buyer's Agent

Paul Luna

Luna Realty License #01181304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1926

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Level Lot
  • Lawn
  • Front Yard

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Horse Property
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 5
  • Tax Tract Number 2121
  • Assessor Parcel Number 0273202020000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $1,320
  • New Taxes Expense $2,000
  • Operating Expense $5,040
  • Gross Income $31,440
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1320.00
  • Zoning: RM
  • Property Type: Residential Income
  • Parcel Number: 0273202020000
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 165.91

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Horse Property, Lawn, Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4591

Multi Family

  • Gross Income: 31440.00
  • Gross Scheduled Income: 31440.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 20000.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5040.00
  • Rent Control: No
  • Total Actual Rent: 2620.00
  • Total Expenses: 5040.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Block: 5
  • Tax Census Tract: 63.02
  • Tax Lot: 6
  • Tax Tract Number: 2121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Leong Gregory and Hill Michael
Bought by
Gregory Leong Revocable Trust and Leong
Current Estimated Value
$533,456

Purchase Details

Listed on
Jan 4, 2020
Closed on
Mar 2, 2020
Sold by
Hill Michelle
Bought by
Hill Michael
Seller's Agent
Kimberly Olbrich
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Paul Luna
Luna Realty
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$247,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2020
Closed on
Feb 18, 2020
Sold by
Faussier Lorelay M and Faussier Herbert
Bought by
Hill Michael and Leong Gregory
Seller's Agent
Kimberly Olbrich
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Paul Luna
Luna Realty
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Faussier Lorelay M and Faussier Herbert
Bought by
Faussier Lorelay M and Faussier Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Acuna Lorena
Bought by
Villa D La Luna Family Trust

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bravura Industries Corp
Bought by
Acuna Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,248
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2010
Sold by
Martinez Jacob
Bought by
Bravura Industries Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Martinez Reuben S and Martinez Reuben
Bought by
Martinez Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 3, 1997
Sold by
Geras Nicholas A and Geras Corinne L Tr
Bought by
Martinez Reuben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.65%
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
Gregory Leong Revocable Trust -- None Listed On Document
Hill Michael -- Fidelity National Title Co
Hill Michael $365,000 Fidelity National Title
Faussier Lorelay M -- Orange Coast Title Company
Villa D La Luna Family Trust -- None Available
Acuna Lorena $148,000 Southland Title Of Burbank
Bravura Industries Corp $117,000 Orange Coast Title Company I
Martinez Jacob $220,000 Investors Title
Martinez Reuben $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Michael $346,500
Previous Owner Hill Michael $247,500
Previous Owner Faussier Lorelay M $55,000
Previous Owner Faussier Lorelay M $40,000
Previous Owner Faussier Lorelay M $238,000
Previous Owner Acuna Lorena $144,248
Previous Owner Bravura Industries Corp $103,000
Previous Owner Bravura Industries Corp $84,000
Previous Owner Martinez Jacob $360,000
Previous Owner Martinez Jacob $132,000
Previous Owner Martinez Reuben $104,000
Previous Owner Martinez Reuben $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $365,000 0.0% $166 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/20/2020 01/20/20 Off Market $365,000 -- --
01/04/2020 01/04/20 For Sale $370,000 -- $168 / 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 $5,048 $399,182 $120,302 $278,880
2024 $5,048 $391,355 $117,943 $273,412
2023 $4,922 $383,681 $115,630 $268,051
2022 $4,933 $376,158 $113,363 $262,795
2021 $4,944 $368,782 $111,140 $257,642
2020 $2,387 $168,901 $28,151 $140,750
2019 $2,771 $165,589 $27,599 $137,990
2018 $2,962 $162,342 $27,058 $135,284
2017 $2,771 $159,158 $26,527 $132,631
2016 $2,806 $156,037 $26,007 $130,030
2015 $2,523 $153,693 $25,616 $128,077
2014 $2,827 $150,682 $25,114 $125,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20002023

California Regional Multiple Listing Service (CRMLS)

APN: 0273-202-02