NOT LISTED FOR SALE

815 N Lemon St Orange, CA 92867

Orange Area
10 Beds
8 Baths
4,639 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: January 24, 2019

Last sale price $1,275,000 $275 Per Sq Ft

35 Days on Market

Highlights

  • Landscaped
  • Laundry Facilities
  • Level Lot

About This Home

As of January 2019

OUTSTANDING LOCATION RIGHT IN THE HEART OF ORANGE. WALK TO CHAPMAN UNIVERSITY AND THE SHOPS AND RESTAURANTS OF THE ORANGE CIRCLE AND OLD TOWNE. THESE ARE LARGE UNITS. EACH MEASURE OVER 1,000 SQUARE FEET. THERE ARE TWO SINGLE STORY 3 BEDROOM & 2 BATH UNITS AND TWO 2 STORY 2 BEDROOM & 1.5 BATH TOWNHOME STYLE UNITS. THERE ARE 4 SEPARATE GARAGES AND 2 ADDITIONAL PARKING SPACES. RECENT IMPROVEMENTS INCLUDE NEW GARAGE DOORS AND NEW EXTERIOR PAINT. ALL UNITS ARE OCCUPIED AND HAVE BEEN PROFESSIONALLY MANAGED. INTERIORS ARE CLEAN BUT DATED AND COULD USE SOME UPDATING TO MAXIMIZE RENTS.

Last Agent to Sell the Property

Richard Kato, CCIM

KW College Park License #00775573 Listed on: 11/05/2018

KW College Park

Last Buyer's Agent

Eustorgio Villa

Berkshire Hathaway HomeServices California Properties License #01377262

Berkshire Hathaway HomeServices California Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Level Lot

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,639 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5350
  • Assessor Parcel Number 38643302

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,467
  • Trash Expense $627
  • Water Sewer Expense $1,984
  • New Taxes Expense $15,000
  • Operating Expense $20,078
  • Net Operating Income $55,975

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,841 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Orange
  • Water Sewer Expenses: 1984.00
  • Zoning: R-M-7
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 38643302
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 274.84

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 627.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Scheduled Income: 77474.00
  • Insurance Expense: 2467.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 55975.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21499.00
  • Rent Control: No
  • Total Expenses: 20078.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 762.04
  • Tax Lot: 4
  • Tax Tract Number: 5350

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
Aug 4, 2020
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
$951,000
Outstanding Balance
$826,166
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jan 17, 2019
Sold by
Bought by
Seller's Agent
Richard Kato, CCIM
KW College Park
Buyer's Agent
Eustorgio Villa
Berkshire Hathaway HomeServices California Properties
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2008
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
$360,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2008
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
$360,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
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
$591,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
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
$591,500
Interest Rate
8.12%
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
-- Fidelity National Title
-- Accommodation
$1,275,000 Fidelity National Title
-- None Available
-- First American Title Co Los
$518,679 Accommodation
-- Chicago Title Co
$845,000 Chicago Title Co
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 $951,000
Closed $956,250
Previous Owner $360,000
Previous Owner $136,500
Previous Owner $591,500
Previous Owner $591,500
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
01/24/2019 01/24/19 Sold $1,275,000 0.0% $275 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $1,275,000 0.0% $275 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $1,275,000 -- $275 / 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 $16,182 $1,450,730 $1,249,831 $200,899
2025 $15,823 $1,422,285 $1,225,325 $196,960
2024 $15,823 $1,394,398 $1,201,299 $193,099
2023 $15,471 $1,367,057 $1,177,744 $189,313
2022 $15,169 $1,340,252 $1,154,651 $185,601
2021 $14,749 $1,313,973 $1,132,011 $181,962
2020 $14,613 $1,300,500 $1,120,403 $180,097
2019 $11,407 $988,218 $784,926 $203,292
2018 $10,803 $928,050 $724,206 $203,844
2017 $10,366 $909,853 $710,005 $199,848
2016 $10,169 $892,013 $696,083 $195,930
2015 $10,020 $878,615 $685,628 $192,987
2014 $9,807 $861,405 $672,198 $189,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18268161

California Regional Multiple Listing Service (CRMLS)

APN: 386-433-02

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