NOT LISTED FOR SALE

Estimated Value: $732,766

4 Beds
2 Baths
860 Sq Ft
$852/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2015

Last sale price $319,000 $371 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,439 / mo

2 Days on Market

About This Home

As of May 2015

Investment opportunity! Two units, and both are currently tenant occupied. Income stream from day one, with no hassle of looking for new tenants. Both units have large, fenced-in private backyards. Lot is approximately 50'W x 122'D.

Notes: Please do not disturb tenants. Please drive by the property first, and look from the outside, and if interested call agent to set up appointment. Buyer solely responsible to verify dimensions, condition, zoning, licenses, building permits, etc. Principal is RE Licensed and the listing agent.

Last Agent to Sell the Property

Rod Bidgoli

Rod Bidgoli License #01388918 Listed on: 02/19/2015

Last Buyer's Agent

Judith Cardenas

First Buy Realty, Inc. License #01305255

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • 860 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Gas Cooktop
  • Exterior Lighting
  • Urban Location
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 313
  • Assessor Parcel Number 39848408

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • New Taxes Expense $3,300
  • Gross Income $2,500
  • Net Operating Income $25,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

6,098 Sq Ft Lot

Listing Details

  • CapRate: 8.03
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 39848408
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 370.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 25600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Lot: 14
  • Tax Tract Number: 313

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

Listed on
Feb 19, 2015
Closed on
Apr 28, 2015
Sold by
Bought by
Seller's Agent
Rod Bidgoli
Rod Bidgoli
Buyer's Agent
Judith Cardenas
First Buy Realty, Inc.
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$732,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,766
Avg. Annual Appreciation
7.67%
Original Mortgage
$239,250
Outstanding Balance
$178,620
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$554,146

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 7, 2015
Sold by
Bought by
Seller's Agent
Rod Bidgoli
Rod Bidgoli
Buyer's Agent
Judith Cardenas
First Buy Realty, Inc.
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Outstanding Balance
$178,620
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$554,146

Purchase Details

Closed on
Jan 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2007
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
$406,000
Interest Rate
6.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 20, 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
$310,000
Interest Rate
8.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1998
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
$109,340
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1995
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1994
Sold by
Bought by
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
$319,000 First American Title Company
-- First American Title Company
$245,000 Fidelity National Title Co
-- None Available
$217,698 Accommodation
-- None Available
-- Ticor Title Tustin Orange Co
-- --
-- --
-- --
$112,000 Investors Title Company
$110,500 Old Republic Title Company
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 $239,250
Previous Owner $406,000
Previous Owner $310,000
Previous Owner $109,340
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
05/07/2015 05/07/15 Sold $319,000 0.0% $371 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $319,000 -- $371 / 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 $4,848 $391,050 $367,495 $23,555
2025 $4,721 $383,383 $360,289 $23,094
2024 $4,721 $375,866 $353,224 $22,642
2023 $4,602 $368,497 $346,298 $22,199
2022 $4,551 $361,272 $339,508 $21,764
2021 $4,447 $354,189 $332,851 $21,338
2020 $4,453 $350,558 $329,438 $21,120
2019 $4,370 $343,685 $322,979 $20,706
2018 $4,208 $336,947 $316,647 $20,300
2017 $4,172 $330,341 $310,439 $19,902
2016 $4,091 $323,864 $304,352 $19,512
2015 $3,390 $261,062 $242,442 $18,620
2014 $3,331 $255,949 $237,693 $18,256
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15035996

California Regional Multiple Listing Service (CRMLS)

APN: 398-484-08

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