NOT LISTED FOR SALE

731 W 4th Ave La Habra, CA 90631

Estimated Value: $735,000 - $985,000

5 Beds
3 Baths
1,956 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $450,000 $230 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,967/month

61 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • No Heating
  • La Habra High School Rated A-

About This Home

As of June 2016

Attention Investor property needs major repairs , but lots of potential. Great desirable area of La Habra. Three separate buildings, 1st is 860 Sq Ft, 2nd is 476 Sq Ft, 3rd is 620 SqFt.

Last Agent to Sell the Property

MARISA CARLO

GEORGE MICHAEL REALTY License #01160048 Listed on: 02/05/2016

Last Buyer's Agent

Elena Deleon

King Realty Group Inc License #01861697

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,313

Year Built

  • Built in 1920

Lot Details

  • 8,172 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,956 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 362
  • Assessor Parcel Number 29805103

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,160
  • New Taxes Expense $4,869
  • Gross Income $3,300
  • Net Operating Income $31,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,313

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: La Habra Heights Estates (LHTE)
  • View: No
  • Water Sewer Expenses: 2160.00
  • Property Type: Residential Income
  • Parcel Number: 29805103
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 230.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8172.00
  • Price Per Lot Square Foot: 55.07
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8172.0000 Square Feet
  • Net Operating Income: 31371.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8229.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4869.00
  • Tax Lot: 24
  • Tax Tract Number: 362

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Vmj Company Llc
Bought by
Cortes Vincent and Cortes Michele Torres
Current Estimated Value
$816,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$311,152
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$505,272

Purchase Details

Closed on
Feb 27, 2020
Sold by
King Shirley Rose
Bought by
Kang John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$311,152
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$505,272

Purchase Details

Closed on
Aug 5, 2019
Sold by
Cortes Vincent and Cortes Michele
Bought by
Vmj Company Llc

Purchase Details

Closed on
Nov 27, 2017
Sold by
Vmj Company Llc
Bought by
Cortes Vincent and Cortes Michaele Torres

Purchase Details

Closed on
Apr 13, 2016
Sold by
Morales Julio Arizaga
Bought by
Vmj Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Morales Angelica O
Bought by
Morales Julio Arizaga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,900
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Morales Angelica O
Bought by
Morales Julio Arizaga

Purchase Details

Closed on
Nov 4, 2003
Sold by
Batson John and Batson Elsa
Bought by
Morales Julio Arizaga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Perez Rachel Ojeda and Ojeda Rachel J
Bought by
Batson John and Batson Elsa

Purchase Details

Closed on
May 6, 2003
Sold by
Ojeda Joseph F
Bought by
Perez Rachel Ojeda

Purchase Details

Closed on
Sep 8, 2000
Sold by
Rachel Sanchez and Rachel J
Bought by
Ojeda Rachel J

Purchase Details

Closed on
Sep 10, 1998
Sold by
Nicolas Perez
Bought by
Sanchez Rachel
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
Cortes Vincent -- Orange Coast Title Company
Kang John -- Orange Coast Title Company
Vmj Company Llc -- None Available
Cortes Vincent -- None Available
Kang John -- Providnt Title Co
Vmj Company Llc $450,000 Title 365
Morales Julio Arizaga -- Progressive Title
Morales Julio Arizaga -- Orange Coast Title
Morales Julio Arizaga $390,000 Orange Coast Title
Batson John $318,000 Orange Coast Title
Perez Rachel Ojeda -- Orange Coast Title
Perez Rachel Ojeda -- Orange Coast Title
Ojeda Rachel J -- --
Sanchez Rachel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Vincent $352,000
Previous Owner Vmj Company Llc $350,000
Previous Owner Morales Julio Arizaga $167,900
Previous Owner Morales Julio Arizaga $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $450,000 -14.9% $230 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $528,989 -- $270 / 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 $8,313 $705,400 $654,563 $50,837
2024 $8,313 $691,569 $641,728 $49,841
2023 $8,120 $678,009 $629,145 $48,864
2022 $8,032 $664,715 $616,809 $47,906
2021 $7,903 $651,682 $604,715 $46,967
2020 $6,091 $487,093 $444,666 $42,427
2019 $5,932 $477,543 $435,947 $41,596
2018 $5,834 $468,180 $427,399 $40,781
2017 $5,732 $459,000 $419,018 $39,982
2016 $5,089 $403,000 $366,098 $36,902
2015 $4,707 $374,400 $337,498 $36,902
2014 $4,649 $374,400 $337,498 $36,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16024769

California Regional Multiple Listing Service (CRMLS)

APN: 298-051-03