NOT LISTED FOR SALE

Estimated Value: $797,000 - $1,362,000

6 Beds
3 Baths
2,438 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $759,000 $311 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,415/month

17 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Fence
  • Western High School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of August 2015

Three charming houses nestled on a huge 13,050 sq ft lot in a wonderful rental area of Stanton. All 2BR 1BA. One home was built in 1942 and the other two were built in 1966. Separate gas, electric and water meters, paid by the tenants, keeps Sellers expenses very low, making this an attractive investment. Ample parking; hardwood floors; very private and secluded; big avocado tree in front. Tenants love living here. Great for owner-occupant. Check with City for possible expansion. Check out all the photos for more details.

Last Agent to Sell the Property

Cheryl Cotton

Y Realty License #00860384 Listed on: 06/09/2015

Co-Listed By

Nicholas Cotton

Keller Williams Coastal Prop. License #01179001

Last Buyer's Agent

Cheryl Cotton

Y Realty License #00860384 Listed on: 06/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,726

Year Built

  • Built in 1948

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,438 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 43
  • Tax Tract Number 868
  • Assessor Parcel Number 07923224

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $600
  • Water Sewer Expense $1,123
  • New Taxes Expense $9,572
  • Gross Income $4,500
  • Net Operating Income $39,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,726

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Stanton Square (STNS)
  • Water Sewer Expenses: 1123.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 07923224
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 311.00

Exterior Features

  • Fencing: Block, Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13051.00
  • Price Per Lot Square Foot: 58.16
  • Lot Size Acres: 0.3000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 13051.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 39705.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 14295.00
  • Rent Control: No
  • Total Actual Rent: 4150.00

Tax Info

  • New Taxes Expense: 9572.00
  • Tax Lot: 43
  • Tax Tract Number: 868
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Noriega Rufo M and Noriega Carmen
Bought by
Noriega Rufo M and Noriega Carmen O
Total Days on Market
17
Current Estimated Value
$1,040,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$374,911
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$665,436

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 8, 2015
Sold by
Pauly Mark and Pauly Melissa
Bought by
The Noriega Family Trust
Seller's Agent
Cheryl Cotton
Y Realty
Buyer's Agent
Cheryl Cotton
Y Realty
List Price
$759,000
Sold Price
$759,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$440,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Deutsche National Trust Company
Bought by
Pauly Mark and Pauly Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2008
Sold by
Vanhua Liem
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 30, 2007
Sold by
Bui Jolene Thi Tam
Bought by
Vanvanhua Liem Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2007
Sold by
Kang Chasul and Kang Hong Im
Bought by
Vanvanhua Liem Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Dinh Gina B
Bought by
Kang Chasul and Kang Hong Im

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Dinh Nathan Nam
Bought by
Dinh Gina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Dinh Nathan Nam
Bought by
Dinh Gina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Stohler Patricia
Bought by
Dinh Gina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Noriega Rufo M -- First American Title Ins Co
Noriega Rufo M -- First American Title Ins Co
The Noriega Family Trust $759,000 Fidelity National Title Co
Pauly Mark $450,000 Chicago Title Company
Deutsche Bank National Trust Company $460,000 Landsafe Title
Mortgage Electronic Registration Systems $460,000 Landsafe Title
Vanvanhua Liem Van -- Orange Coast Title Company
Vanvanhua Liem Van $770,000 Orange Coast Title Company
Kang Chasul $670,000 Lawyers Title Company
Dinh Gina B -- Security Union Title
Dinh Gina B -- Commerce Title Company
Dinh Gina B $390,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noriega Rufo M $415,000
Closed The Noriega Family Trust $440,500
Previous Owner Pauly Mark $337,500
Previous Owner Vanvanhua Liem Van $577,500
Previous Owner Kang Chasul $500,000
Previous Owner Dinh Gina B $399,000
Previous Owner Dinh Gina B $342,000
Closed Dinh Gina B $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $759,000 0.0% $311 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $759,000 -- $311 / 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
2024 $10,726 $880,882 $754,381 $126,501
2023 $10,454 $863,610 $739,589 $124,021
2022 $10,249 $846,677 $725,087 $121,590
2021 $10,348 $830,076 $710,870 $119,206
2020 $10,207 $821,565 $703,581 $117,984
2019 $9,929 $805,456 $689,785 $115,671
2018 $9,792 $789,663 $676,260 $113,403
2017 $9,457 $774,180 $663,000 $111,180
2016 $9,419 $759,000 $650,000 $109,000
2015 $6,299 $483,312 $391,908 $91,404
2014 $5,891 $464,554 $376,697 $87,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15127566

California Regional Multiple Listing Service (CRMLS)

APN: 079-232-24