NOT LISTED FOR SALE

Estimated Value: $2,249,000 - $2,581,000

3 Beds
5 Baths
2,800 Sq Ft
$869/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $630,000 $225 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $14,599/month

6 Days on Market

About This Home

As of August 2015

3 short blocks to PCH. Short walk to downtown. Modern designed with formal dinning room, high ceiling in all rooms.

Last Agent to Sell the Property

Vinh Le

Coastal Estates & Development License #01524414 Listed on: 07/07/2015

Last Buyer's Agent

Vinh Le

Coastal Estates & Development License #01524414 Listed on: 07/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,387

Year Built

  • Built in 1972

Lot Details

  • 2,925 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17
  • Assessor Parcel Number 02402208

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $1,200
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $7,990
  • Gross Income $3,800
  • Net Operating Income $43,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,387

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: (714)955-1221
  • Property Attached: Yes
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 02402208
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 225.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2925.00
  • Price Per Lot Square Foot: 215.38
  • Lot Size Acres: 0.0670

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2925.0000 Square Feet
  • Net Operating Income: 43100.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Operating Expense: 2500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7990.00
  • Tax Lot: 6
  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2020
Sold by
Le Jacquelyn Q and Le Jamie Q
Bought by
Le Vinh and The J Family Living Trust
Current Estimated Value
$2,433,245

Purchase Details

Closed on
Apr 7, 2020
Sold by
Le Vinh and The J Family Living Trust Date
Bought by
Le Jacquelyn Q and Le Jamie Q

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
Outstanding Balance
$444,190
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,984,241

Purchase Details

Closed on
Jan 20, 2018
Sold by
Le Jacquelyn Q and Le Jamie Q
Bought by
Le Vinh and The J Family Living Trust

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 28, 2015
Sold by
Le Alan T
Bought by
Le Jacquelyn Q and Le Jamie Q
Seller's Agent
Vinh Le
Coastal Estates & Development
Buyer's Agent
Vinh Le
Coastal Estates & Development
List Price
$695,000
Sold Price
$630,000
Premium/Discount to List
-$65,000
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$516,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2010
Sold by
Le Minhdai
Bought by
Le Alan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,824
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2010
Sold by
Dawes Family Limited Partnership
Bought by
Le Alan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,824
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2004
Sold by
Dawes Thomas M and Dawes Jeannine E
Bought by
Dawes Family Lp

Purchase Details

Closed on
May 20, 1998
Sold by
Dawes Thomas M and Dawes Jeannine E
Bought by
Dawes Thomas M and Dawes Jeannine E
Source: Public Records

Range of Values:

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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
Le Vinh -- None Available
Le Jacquelyn Q -- Provident Title Company
Le Vinh -- None Available
Le Jacquelyn Q $645,000 Pacific Coast Title Company
Le Alan T -- Fidelity National Title
Le Alan T $540,000 Fidelity National Title
Dawes Family Lp -- --
Dawes Thomas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Jacquelyn $500,000
Closed Le Jacquelyn Q $476,000
Closed Le Jacquelyn Q $516,000
Closed Le Alan T $515,000
Closed Le Alan T $521,956
Closed Le Alan T $532,824
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $630,000 -9.4% $225 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $695,000 -- $248 / 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 $16,387 $1,479,744 $924,942 $554,802
2024 $16,387 $1,450,730 $906,806 $543,924
2023 $16,026 $1,422,285 $889,026 $533,259
2022 $15,608 $1,394,398 $871,595 $522,803
2021 $15,317 $1,367,057 $854,505 $512,552
2020 $15,220 $1,353,040 $845,743 $507,297
2019 $15,035 $1,326,510 $829,160 $497,350
2018 $14,803 $1,300,500 $812,901 $487,599
2017 $14,607 $1,275,000 $796,961 $478,039
2016 $13,948 $1,250,000 $781,334 $468,666
2015 $10,841 $959,287 $509,872 $449,415
2014 $8,275 $726,481 $499,884 $226,597
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15150987

California Regional Multiple Listing Service (CRMLS)

APN: 024-022-08