NOT LISTED FOR SALE

735 E Washington Ave Orange, CA 92866

Estimated Value: $1,326,640 - $1,650,000

4 Beds
3 Baths
1,885 Sq Ft
$791/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $1,220,000 $647 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,088/month

92 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Two Homes on a Lot
  • Ceramic Countertops
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Pitcher Park

About This Home

As of September 2022

PRIME OLD TOWNE LOCATION! RARE TWO ON A LOT. THE FRONT HOUSE (735) IS A MID-CENTURY MODERN DESIGN. A WHITE PICKETT FENCE ENCLOSES THE FRONT YARD AND CHARMING FRONT PORCH. A LARGE LIVING ROOM OPENS TO A DINING AREA. WOOD FLOORS SHOW THE QUALITY AND WORKMANSHIP OF THE PERIOD. 2 BEDROOMS WTH BUILT-IN CLOSETS. A FULL BATH HAS A TUB/SHOWER. THE KITCHEN HAS A COZY EATING AREA, A FREESTANDING GAS STOVE, AND THE VINTAGE YELLOW TILE WITH NAVY ACCENTS. A DETACHED 2-CAR GARAGE WITH AN OPENER DOWN A LONG DRIVEWAY. THE REAR HOUSE(737) HAS AN ATTACHED 1-CAR GARAGE WITH DIRECT ACCESS TO THE HOUSE. A LARGE COVERED FRONT PATIO PROVIDES SHADE AND A PLACE TO RELAX AND ENJOY OLD TOWN. THE LIVING ROOM IS OPEN TO THE DINING AREA. 2 BEDROOMS, 1 MAIN BATH, AND 1 BATH OFF THE MASTER BEDROOM. CENTRAL HEATING. NICE KITCHEN WITH FREESTANDING STOVE AND DISHWASHER. A SMALL PRIVATE REAR YARD. SEPARATE GAS AND ELECTRIC METERS. WASHINGTON STREET IS ONE OF THOSE STREETS IN OLD TOWN THAT EVERYONE KNOWS YOUR NAME.

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 04/25/2022

Co-Listed By

AJ Ricci

Ricci Realty License #01985308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,698

Year Built

  • Built in 1947

Lot Details

  • 6,859 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Fire and Smoke Detector
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Floor Furnace
  • Phone Available
  • Cable TV Available

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 32
  • Tax Tract Number 667
  • Assessor Parcel Number 39043217
  • $500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,698

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: FREE STANDING STOVES. ALL WINDOW AC UNITS.
  • Price Per Unit: 597500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Smoke Detector(s)
  • Subdivision Name Other: OLD TOWNE
  • View: No
  • Water Sewer Expenses: 1080.00
  • Architectural Style: Bungalow, Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 39043217
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 647.21

Exterior Features

  • Direction Faces: South
  • Foundation: Pillar/Post/Pier, Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Pest Control Expense: 699.00
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6859.00
  • Lot Size Acres: 0.1575

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 942 Square Feet
  • Gross Operating Income: 60299.00
  • Gross Scheduled Income: 60480.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6859.0000 Square Feet
  • Maintenance Expense: 190.00
  • Net Operating Income: 39194.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 21105.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Expenses: 21105.00
  • Vacancy Allowance: 1814
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16390.00
  • Tax Census Tract: 759.02
  • Tax Lot: 32
  • Tax Tract: OLD TOWNE
  • Tax Tract Number: 667
  • TaxOtherAnnualAssessmentAmount: 500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 29, 2022
Sold by
Mary Lynn Josephine Cassedy Trust
Bought by
Gibson Chase and Gibson Palena
Seller's Agent
Albert Ricci
Ricci Realty
List Price
$1,349,900
Sold Price
$1,220,000
Premium/Discount to List
-$129,900
-9.62%
Total Days on Market
92
Views
7
Current Estimated Value
$1,458,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,440
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,037,000
Outstanding Balance
$996,591
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$510,027

Purchase Details

Closed on
Oct 26, 2021
Sold by
Cassedy Mary Lynn Josephine
Bought by
Cassedy Mary Lynn Josephine and Cassedy Molly J

Purchase Details

Closed on
Aug 24, 2021
Sold by
Cassedy Mary Lynn Josephine
Bought by
Cassedy Mary Lynn Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2018
Sold by
Cassedy Molly
Bought by
Cassedy Mary Lynn Josephine

Purchase Details

Closed on
Jul 9, 2018
Sold by
Cassedy Molly and Maretinez Raul
Bought by
Cassedy Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,684
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Martinez Raul
Bought by
Cassedy Molly

Purchase Details

Closed on
Mar 6, 2007
Sold by
Cassedy Molly J
Bought by
Martinez Raul and Cassedy Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 24, 1998
Sold by
Cassedy Molly J
Bought by
Cassedy Molly J

Purchase Details

Closed on
Jun 17, 1998
Sold by
Judith C Cassedy Judith R
Bought by
Cassedy Molly J
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
Gibson Chase $1,220,000 --
Cassedy Mary Lynn Josephine -- None Available
Cassedy Mary Lynn Josephine -- Stewart Title Guaranty Co
Cassedy Mary Lynn Josephine -- None Available
Cassedy Molly -- None Available
Cassedy Molly -- None Available
Martinez Raul -- Security Union Title
Cassedy Molly J -- --
Cassedy Molly J -- --
Macpherson Judith Cassedy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Chase $1,037,000
Previous Owner Cassedy Mary Lynn Josephine $505,500
Previous Owner Cassedy Molly $505,684
Previous Owner Martinez Raul $520,000
Previous Owner Cassedy Molly J $300,000
Previous Owner Cassedy Molly J $250,000
Previous Owner Cassedy Molly J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $1,220,000 +2.1% $647 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
05/21/2022 05/21/22 Price Changed $1,195,000 -7.7% $634 / Sq Ft
05/13/2022 05/13/22 Price Changed $1,295,000 -4.1% $687 / Sq Ft
04/25/2022 04/25/22 For Sale $1,349,900 -- $716 / 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 $13,698 $1,269,288 $1,136,398 $132,890
2024 $13,698 $1,244,400 $1,114,115 $130,285
2023 $13,399 $1,220,000 $1,092,269 $127,731
2022 $2,721 $209,663 $101,254 $108,409
2021 $2,651 $205,552 $99,268 $106,284
2020 $2,626 $203,445 $98,250 $105,195
2019 $2,598 $199,456 $96,323 $103,133
2018 $2,560 $195,546 $94,435 $101,111
2017 $2,464 $191,712 $92,583 $99,129
2016 $2,419 $187,953 $90,767 $97,186
2015 $2,383 $185,130 $89,403 $95,727
2014 $2,333 $181,504 $87,652 $93,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22084710

California Regional Multiple Listing Service (CRMLS)

APN: 390-432-17