NOT LISTED FOR SALE

779 N Kathleen Ln Orange, CA 92867

Orange Area
5 Beds
4 Baths
2,325 Sq Ft
5,976 Sq Ft Lot

Sale Details

Date Sold: January 12, 2012

Last sale price $523,000 $225 Per Sq Ft

275 Days on Market

About This Home

As of January 2012

Well maintanied 2 units in the City of Orange. The front of the property looks like a single family home. Unit 1 (3 bed + 2bath w/ 2 garage) @ $1,950/month, Unit 2 (2 bed + 2 bath w/ 1 garage) @ $1,450/month. Each with patio and side enterance. Do not disturb tenant, unaware of sale. Write offer subject to inspection

Last Agent to Sell the Property

Kuan Sung

RE/MAX 2000 REALTY License #00970799 Listed on: 02/20/2011

RE/MAX 2000 REALTY

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 5,976 Sq Ft Lot
  • Lot Dimensions are 63 x 93

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,325 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 7452
  • Assessor Parcel Number 38317324

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,400
  • Net Operating Income $27,703

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

5,976 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.10
  • Improvements Percent: 31.00
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 38317324
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 224.95

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 63 X 93
  • Lot Size Sq Ft: 5976.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3400.00
  • Gross Multiplier: 13.20
  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 5976.0000 Square Feet
  • Net Operating Income: 27703.00
  • 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
  • Operating Expense: 11873.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 7452
  • Tax Year: 2010

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
Jun 14, 2013
Sold by
Bought by

Purchase Details

Listed on
Feb 20, 2011
Closed on
Nov 28, 2011
Sold by
Bought by
Seller's Agent
Kuan Sung
RE/MAX 2000 REALTY
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$540,000
Sold Price
$523,000
Premium/Discount to List
-$17,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,872
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
$523,000 Advantage Title
$778,500 Fidelity National 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
Previous Owner $200,000
Previous Owner $80,000
Previous Owner $544,872
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
01/12/2012 01/12/12 Sold $523,000 -3.1% $225 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
02/20/2011 02/20/11 For Sale $540,000 -- $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 $7,523 $670,048 $477,879 $192,169
2025 $7,355 $656,910 $468,509 $188,401
2024 $7,355 $644,030 $459,323 $184,707
2023 $7,191 $631,402 $450,316 $181,086
2022 $7,051 $619,022 $441,486 $177,536
2021 $6,857 $606,885 $432,830 $174,055
2020 $6,793 $600,663 $428,392 $172,271
2019 $6,710 $588,886 $419,992 $168,894
2018 $6,608 $577,340 $411,757 $165,583
2017 $6,338 $566,020 $403,683 $162,337
2016 $6,217 $554,922 $395,768 $159,154
2015 $6,126 $546,587 $389,823 $156,764
2014 $5,996 $535,881 $382,187 $153,694
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11022242

California Regional Multiple Listing Service (CRMLS)

APN: 383-173-24

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