NOT LISTED FOR SALE

741 S Walnut Ave Brea, CA 92821

Estimated Value: $1,020,000 - $1,511,000

3 Beds
2 Baths
1,550 Sq Ft
$803/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $1,100,000 $710 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,615/month

Highlights

  • Fireplace in Primary Bedroom
  • Granite Countertops
  • Eat-In Kitchen
  • Arovista Elementary School Rated A-
  • No HOA
  • Bathtub

About This Home

As of August 2020

This Property is DUPLEX and was built in 2005 and has all the amenities.The front home is 3 bedroom/2 bath with huge family room and updated kitchen. There is 3 bedroom/2 bath in the back unit and the unit is upstairs with 2 car garage. Property is Close to Freeway, Mall, Restaurants and Parks. Looking to move in please don't miss the great opportunity to RENT.

Last Agent to Rent the Property

Nikunj Shah

T.N.G. Real Estate Consultants License #01752671 Listed on: 07/23/2020

T.N.G. Real Estate Consultants

Last Renter's Agent

Nikunj Shah

T.N.G. Real Estate Consultants License #01752671 Listed on: 07/23/2020

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Combination Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,800
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/25/20
  • Tax Lot 9
  • Tax Tract Number 664
  • Assessor Parcel Number 28415211

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed
  • Pet Size Limit
  • Pet Deposit $250

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-07-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 2800
  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • View: No
  • Zoning: R-3-I
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 28415211
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.90
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Combination
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 15.03
  • Tax Lot: 9
  • Tax Tract Number: 664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jul 11, 2020
Sold by
Walnut Avenue Two Properties Lp
Bought by
Rajraya Hospitality Llc
Seller's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
Buyer's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
Sold Price
$2,950
Current Estimated Value
$1,245,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,242,159
Avg. Annual Appreciation
2.29%
Original Mortgage
$575,000
Outstanding Balance
$510,818
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$734,291

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jul 2, 2020
Sold by
Walnut Avenue One Properties Lp
Bought by
Walnut Avenue Two Properties Lp
Seller's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
Buyer's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
Sold Price
$2,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$510,818
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$734,291

Purchase Details

Listed on
Feb 14, 2020
Closed on
May 29, 2020
Sold by
Jervis Donald D and Jervis Margaret A
Bought by
Walnut Avenue One Properties Lp
Seller's Agent
David Jervis
Coldwell Banker Realty
Buyer's Agent
David Jervis
Coldwell Banker Realty
List Price
$1,398,000
Sold Price
$1,100,000
Premium/Discount to List
-$298,000
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$510,818
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$734,291

Purchase Details

Closed on
Sep 18, 2006
Sold by
Baum Michael and Baum Lisa
Bought by
Jervis Donald D and Jervis Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2004
Sold by
Baum Michael and Baum Lisa
Bought by
Baum Michael and Baum Lisa

Purchase Details

Closed on
Mar 19, 2004
Sold by
Wojtaszek Larry B
Bought by
Baum Michael and Baum Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1998
Sold by
Wojtaszek Renata Kay and Wojtaszek Renata
Bought by
Wojtaszek Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1996
Sold by
Holcomb Ronald and Holcomb Margaret
Bought by
Wojtaszek Renata and Wojtaszek Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1996
Sold by
Elrod Joel
Bought by
Wojtasek Renata
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rajraya Hospitality Llc $1,100,000 Pacific Coast Title Company
Walnut Avenue Two Properties Lp -- Pacific Coast Title Company
Walnut Avenue One Properties Lp -- None Available
Jervis Donald D -- Fidelity National Title
Baum Michael $212,500 Fnt
Baum Michael $425,000 Fidelity National Title
Wojtaszek Larry B -- California Counties Title Co
Wojtaszek Renata -- American Title Ins Co
Wojtasek Renata -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajraya Hospitality Llc $575,000
Closed Walnut Avenue Two Properties Lp $575,000
Previous Owner Jervis Donald D $714,000
Previous Owner Baum Michael $340,000
Previous Owner Wojtaszek Larry B $120,000
Previous Owner Wojtaszek Renata $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2020 08/24/20 Rented $2,950 +5.4% --
08/23/2020 08/23/20 For Rent $2,800 0.0% --
08/17/2020 08/17/20 Off Market $2,800 -- --
07/23/2020 07/23/20 For Rent $2,800 0.0% --
07/15/2020 07/15/20 Sold $1,100,000 -6.4% $431 / Sq Ft View Prior Sale
05/27/2020 05/27/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $1,175,000 -7.8% $460 / Sq Ft
03/05/2020 03/05/20 Price Changed $1,275,000 -5.4% $500 / Sq Ft
02/22/2020 02/22/20 Price Changed $1,348,000 -3.6% $528 / Sq Ft
02/14/2020 02/14/20 For Sale $1,398,000 0.0% $548 / Sq Ft
10/09/2015 10/09/15 Price Changed $2,450 0.0% $2 / Sq Ft
10/02/2015 10/02/15 Rented $2,450 -7.5% --
08/26/2015 08/26/15 For Rent $2,650 +7.1% --
02/24/2015 02/24/15 Rented $2,475 -6.6% --
01/25/2015 01/25/15 Under Contract -- -- --
01/06/2015 01/06/15 For Rent $2,650 +8.2% --
04/14/2014 04/14/14 Rented $2,450 0.0% --
03/15/2014 03/15/14 Under Contract -- -- --
03/06/2014 03/06/14 For Rent $2,450 +4.3% --
05/12/2012 05/12/12 Rented $2,350 0.0% --
05/12/2012 05/12/12 Under Contract -- -- --
03/22/2012 03/22/12 For Rent $2,350 -- --
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 $13,334 $1,190,674 $847,714 $342,960
2024 $13,334 $1,167,328 $831,092 $336,236
2023 $12,969 $1,144,440 $814,796 $329,644
2022 $12,853 $1,122,000 $798,819 $323,181
2021 $12,611 $1,100,000 $783,155 $316,845
2020 $9,514 $816,000 $414,077 $401,923
2019 $9,434 $816,000 $414,077 $401,923
2018 $9,468 $816,000 $414,077 $401,923
2017 $8,871 $761,940 $360,017 $401,923
2016 $8,696 $747,000 $352,957 $394,043
2015 $7,299 $619,888 $225,845 $394,043
2014 $7,089 $607,746 $221,421 $386,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20146636

California Regional Multiple Listing Service (CRMLS)

APN: 284-152-12