NOT LISTED FOR SALE
5 Beds
5 Baths
3,200 Sq Ft
6,000 Sq Ft Lot

Last Sold May 10, 2017

Last sale price $850,000 $266 Per Sq Ft

54 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Heating System Uses Natural Gas
  • Corner Lot
  • Tile Flooring
  • Front Yard

About This Home

As of May 2017

Great 5 Units mixed use investment property with 1 commercial units and 4 residential units border to Tustin. Each unit was remodeled and has newer water heaters and modernized electrical and plumbing. Each residential unit has it own Patio. The commercial unit is on very high traffic 17th street and has a free standing, large commercial sign. The residential units front to quite Fairmont street. This property is in good condition.

Last Agent to Sell the Property

Tiffany Nguyen

Advance Estate Realty License #01429636 Listed on: 02/06/2017

Last Buyer's Agent

Tiffany Nguyen

Advance Estate Realty License #01429636 Listed on: 02/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Heating System Uses Natural Gas
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1459
  • Assessor Parcel Number 39816101

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 39816101
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 265.62

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Cable Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Range Hood, Recirculated Exhaust Fan, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 6000.00

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Actual Rent: 5950.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2018
Sold by
Thi Doung Bich Lien
Bought by
Mdl & C Llc

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 9, 2017
Sold by
Jc Financial Enterprise Inc
Bought by
Duong Bich Lien Thi
Seller's Agent
Tiffany Nguyen
Advance Estate Realty
Buyer's Agent
Tiffany Nguyen
Advance Estate Realty
List Price
$1,099,000
Sold Price
$850,000
Premium/Discount to List
-$249,000
-22.66%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Doan Khang Vinh and Doan Khang
Bought by
Jc Financial Enterprise Inc

Purchase Details

Listed on
Feb 7, 2015
Closed on
Mar 6, 2015
Sold by
Mag Development Llc
Bought by
Doan Khang
Seller's Agent
Michael Ramsden
Michael Ramsden, Broker
Buyer's Agent
Linh Pham
First Services
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2007
Sold by
Silva Marcos J and Silva Carlos A
Bought by
Mag Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2004
Sold by
Joseph & Marcos Silva Family Lp
Bought by
Silva Joseph

Purchase Details

Closed on
Jun 17, 1997
Sold by
Melton Lawrence E and Melton Alice B
Bought by
Silva Joseph and Silva Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,950
Interest Rate
7.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 1997
Sold by
Goodwin T Pauline
Bought by
Melton Lawrence E and Melton Alice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,950
Interest Rate
7.94%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mdl & C Llc -- Accommodation
Duong Bich Lien Thi $850,000 Orange Coast Title Company
Jc Financial Enterprise Inc $830,000 None Available
Doan Khang $795,000 First American Title Company
Mag Development Llc $695,000 Fidelity National Title
Silva Joseph -- --
Silva Joseph $300,000 --
Melton Lawrence E -- --
Melton Lawrence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doan Khang $477,000
Previous Owner Mag Development Llc $528,000
Previous Owner Silva Joseph $249,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2017 05/10/17 Sold $850,000 -22.7% $266 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $1,099,000 +38.2% $343 / Sq Ft
04/10/2015 04/10/15 Sold $795,000 -0.5% $248 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $799,000 -- $250 / 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
2025 $11,290 $986,494 $808,928 $177,566
2024 $11,290 $967,151 $793,066 $174,085
2023 $11,015 $948,188 $777,516 $170,672
2022 $10,907 $929,597 $762,271 $167,326
2021 $10,649 $911,370 $747,324 $164,046
2020 $10,683 $902,026 $739,662 $162,364
2019 $10,468 $884,340 $725,159 $159,181
2018 $10,060 $867,000 $710,940 $156,060
2017 $9,940 $846,600 $693,600 $153,000
2016 $9,485 $807,123 $670,065 $137,058
2015 $7,080 $590,715 $461,833 $128,882
2014 $6,958 $579,144 $452,786 $126,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17025074

California Regional Multiple Listing Service (CRMLS)

APN: 398-161-01