NOT LISTED FOR SALE

Estimated Value: $625,000 - $1,050,462

5 Beds
3 Baths
1,566 Sq Ft
$555/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $910,000 $581 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,383/month

4 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 1-Story Property

About This Home

As of April 2022

Perfect opportunity to be the owner of this great two homes on one lot property. The front house features 2 Bedrooms, 1 Baths, with an Office, and a Living Area, Kitchen, Dining Area and washer dryer hookups in backyard. The back house features features 2 Bedrooms, 1 Baths, with a Living Area, Kitchen, and Dining Area with indoor washer dryer hookups in the property as well. The property has alley access in the back, and also has two attached separate 1 Car Garages in the back for each unit, along with RV Parking as well. There is a front patio area for both units with a small backyard area for the front unit. There is also a Third ADU/Studio on the property that lies in between both units with 1 bedroom, 1 bath and a kitchenette. Property has been newly painted on the inside. Located in the heart of Santa Ana near great schools, park, shopping, industrial businesses, and restaurants. Hurry, priced to sell! Your future home or investment property awaits you!

Last Agent to Sell the Property

Aram Zoraian

My Realty Company, Inc. License #02063802 Listed on: 02/28/2022

Last Buyer's Agent

Natasha Gwilt

eXp Realty of California Inc License #01988779

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 5,859 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 10 / F
  • Tax Tract Number 90
  • Assessor Parcel Number 01113409
  • $498 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Chestnut Square Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Other Expense $6,000
  • Water Sewer Expense $2,640
  • Operating Expense $10,040
  • Gross Income $60,000
  • Net Operating Income $49,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

5,859 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Chestnut Square (CHSQ)
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Parcel Number: 01113409
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 581.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5859.00
  • Lot Size Acres: 0.1345
  • Latitude Manual: 33.74275000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5859.0000 Square Feet
  • Net Operating Income: 49960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4040.00
  • Other Expense: 6000.00
  • Other Expense Description: PropTax
  • Rent Control: No
  • Total Expenses: 10040.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 745.01
  • Tax Lot: 10
  • Tax Tract Number: 90
  • TaxOtherAnnualAssessmentAmount: 498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 15, 2022
Sold by
De Martinez and De Martha
Bought by
Meyers David
Seller's Agent
Aram Zoraian
My Realty Company, Inc.
Buyer's Agent
Natasha Gwilt
eXp Realty of California Inc
List Price
$875,000
Sold Price
$910,000
Premium/Discount to List
$35,000
4%
Current Estimated Value
$869,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,134
Avg. Annual Appreciation
-1.15%
Original Mortgage
$773,500
Outstanding Balance
$717,025
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$152,841

Purchase Details

Closed on
Jul 26, 2007
Sold by
Martinez Isaias
Bought by
Martinez Isaias and Martinez Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 27, 2005
Sold by
Martinez Leticia
Bought by
Martinez Isaias

Purchase Details

Closed on
Aug 14, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Martinez Isaias and Martinez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,766
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 1998
Sold by
Martinez Leticia
Bought by
Martinez Isaias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,766
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 1997
Sold by
Luis Romero and Luis Carmen Romero
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 28, 1996
Sold by
Romero Rosie
Bought by
Romero Luis and Romero Carmen

Purchase Details

Closed on
Nov 24, 1995
Sold by
Romero Luis and Romero Carmen
Bought by
Romero Rosie and Romero Luis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyers David $910,000 First American Title
Martinez Isaias -- California Counties Title Co
Martinez Isaias -- Chicago Title Co
Martinez Isaias -- Chicago Title Co
Martinez Isaias $133,000 First American Title Ins Co
Martinez Isaias -- First American Title Ins Co
Federal Home Loan Mortgage Corporation $140,000 Landsafe Title
Romero Luis -- --
Romero Rosie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers David $773,500
Previous Owner Martinez Isaias $497,000
Previous Owner Martinez Isaias $146,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $910,000 +4.0% $581 / Sq Ft
04/01/2022 04/01/22 Price Changed $875,000 0.0% $559 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $875,000 -- $559 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,996 $965,699 $901,162 $64,537
2024 $10,996 $946,764 $883,492 $63,272
2023 $10,726 $928,200 $866,168 $62,032
2022 $5,719 $472,580 $407,260 $65,320
2021 $5,585 $463,314 $399,274 $64,040
2020 $5,595 $458,564 $395,180 $63,384
2019 $5,486 $449,573 $387,431 $62,142
2018 $5,277 $440,758 $379,834 $60,924
2017 $5,231 $432,116 $372,386 $59,730
2016 $5,127 $423,644 $365,085 $58,559
2015 $4,913 $404,000 $351,220 $52,780
2014 $4,915 $404,000 $351,220 $52,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22038537

California Regional Multiple Listing Service (CRMLS)

APN: 011-134-09

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