NOT LISTED FOR SALE

742 S Park Hyde St Orange, CA 92868

Morrison Park Neighborhood
6 Beds
6 Baths
3,170 Sq Ft
6,098 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $1,100,000 $347 Per Sq Ft

3 Days on Market

Highlights

  • Laundry Room
  • Wood Burning Fireplace
  • Back Yard
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Spacious Duplex suited for Live in One/Rent One occupancy. Great investment opportunity for these rarely available units. Unit 742 is ready for occupancy. Unit 748 is rented to long term tenant on month to month basis. Both units have back yard/patio areas and two car garages.

Last Agent to Sell the Property

Thomas Robison

Strawberry Fields Real Estate Services License #00857840 Listed on: 08/24/2021

Last Buyer's Agent

Lily Campbell

First Team Real Estate License #01229782

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Planned Development

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 9628
  • Assessor Parcel Number 23128104
  • $499 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $300
  • Net Operating Income $71,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 23128104
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room, Gas Starter, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 347.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Average3 Bed Area: 1585 Square Feet
  • Gross Scheduled Income: 72000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 71000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4000.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Expenses: 300.00

Tax Info

  • Tax Census Tract: 761.02
  • Tax Lot: 25
  • Tax Tract Number: 9628
  • TaxOtherAnnualAssessmentAmount: 499.00

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $1,100,000 -4.3% $347 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,149,000 0.0% $362 / Sq Ft
07/18/2019 07/18/19 Rented $2,600 0.0% --
07/16/2019 07/16/19 Under Contract -- -- --
07/06/2019 07/06/19 For Rent $2,600 0.0% --
07/01/2018 07/01/18 Rented $2,600 0.0% --
06/21/2018 06/21/18 Under Contract -- -- --
05/30/2018 05/30/18 For Rent $2,600 -- --
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 $12,757 $1,177,940 $978,507 $199,433
2024 $12,757 $1,154,844 $959,321 $195,523
2023 $12,477 $1,132,200 $940,510 $191,690
2022 $12,238 $1,110,000 $922,068 $187,932
2021 $4,584 $389,779 $176,252 $213,527
2020 $4,542 $385,783 $174,445 $211,338
2019 $4,488 $378,219 $171,024 $207,195
2018 $4,421 $370,803 $167,670 $203,133
2017 $4,245 $363,533 $164,383 $199,150
2016 $4,165 $356,405 $161,159 $195,246
2015 $4,104 $351,052 $158,738 $192,314
2014 $4,017 $344,176 $155,629 $188,547
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Robison

    Strawberry Fields Real Estate Services

    Section Image
  • Lily Campbell

    Buyer's Agent in 2021

    Lily Campbell

    First Team Real Estate

    (714) 593-6089

    1 in this area

    706 Total Sales

    Lily Campbell
    Section Image
  • Bill Taraschi

    Seller's Agent in 2019

    Bill Taraschi

    ERA North Orange County

    (714) 996-3000

    10 Total Sales

    Bill Taraschi
    Section Image
  • Tom Nash

    Buyer's Agent in 2018

    Tom Nash

    Keller Williams Realty Irvine

    (714) 381-0731

    17 Total Sales

    Tom Nash
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21185761

California Regional Multiple Listing Service (CRMLS)

APN: 231-281-04

California Orange County Orange 92868 Morrison Park

742 S Park Hyde St, Orange, CA

Not Listed for Sale

MultiFamily

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