NOT LISTED FOR SALE

777 N Adele St Orange, CA 92867

Orange Area
9 Beds
8 Baths
4,414 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 3, 2013

Last sale price $1,035,000 $234 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Cooling Available
  • Landscaped

About This Home

As of October 2013

Pride 4 Units in Orange near Villa Park. Recently Painted with new windows and sliders throughout. Great Mix with upside Rent potential. Unit A has laundry hook up in garage. Separate Laundry room as well for the other 3 units. Two of the 2 bedroom units have an extra half bath as well. Great long term hold for owner/investor or as an investment.

Last Agent to Sell the Property

Patrick Schwier

Schwier Income Properties, Inc License #01072723 Listed on: 08/15/2013

Schwier Income Properties, Inc

Last Buyer's Agent

Patrick Schwier

Schwier Income Properties, Inc License #01072723 Listed on: 08/15/2013

Schwier Income Properties, Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Landscaped

Parking

  • 4 Car Garage
  • 2 Carport Spaces

Home Design

  • Tar and Gravel Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,414 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 23 / 5180
  • Assessor Parcel Number 38317413

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $840
  • Insurance Expense $2,500
  • Maintenance Expense $2,142
  • Trash Expense $880
  • Water Sewer Expense $2,200
  • New Taxes Expense $11,788
  • Gross Income $5,950
  • Net Operating Income $46,308

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,712 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.52
  • Inclusions: Washer and Dryer are leased in laundry room
  • Improvements Percent: 38.10
  • Property Attached: No
  • Water Sewer Expenses: 2200.00
  • Zoning: 2-4 Unit
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 38317413
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 234.48

Exterior Features

  • Fencing: Brick
  • Pool Private: No
  • Roof: Clay, Tar/Gravel
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 880.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Value Percent: 61.90
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1300
  • Electric Expense: 400.00
  • Gross Income: 5950.00
  • Gross Multiplier: 14.40
  • Gross Scheduled Income: 71400.00
  • Gross Spendable Income: 46308.00
  • Insurance Expense: 2500.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 2142.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 46308.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Operating Expense: 22950.00
  • Operating Expense Percent: 32.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11788.00
  • Tax Block: 5180
  • Tax Lot: 23
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2016
Sold by
Bought by

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 9, 2013
Sold by
Bought by
Seller's Agent
Patrick Schwier
Schwier Income Properties, Inc
Buyer's Agent
Patrick Schwier
Schwier Income Properties, Inc
List Price
$1,025,000
Sold Price
$1,035,000
Premium/Discount to List
$10,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,035,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $678,000
Closed $701,000
Closed $712,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2013 10/03/13 Sold $1,035,000 +1.0% $234 / Sq Ft
09/01/2013 09/01/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,025,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,551 $1,294,137 $1,058,289 $235,848
2025 $14,227 $1,268,762 $1,037,538 $231,224
2024 $14,227 $1,243,885 $1,017,194 $226,691
2023 $13,909 $1,219,496 $997,249 $222,247
2022 $13,636 $1,195,585 $977,695 $217,890
2021 $13,261 $1,172,143 $958,525 $213,618
2020 $13,138 $1,160,125 $948,697 $211,428
2019 $12,976 $1,137,378 $930,095 $207,283
2018 $12,780 $1,115,077 $911,858 $203,219
2017 $12,257 $1,093,213 $893,978 $199,235
2016 $12,023 $1,071,778 $876,449 $195,329
2015 $11,848 $1,055,679 $863,284 $192,395
2014 $11,596 $1,035,000 $846,373 $188,627
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13168910

California Regional Multiple Listing Service (CRMLS)

APN: 383-174-13

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