NOT LISTED FOR SALE

Estimated Value: $1,597,000 - $2,742,000

6 Beds
6 Baths
3,496 Sq Ft
$581/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $1,365,000 $390 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,380/month

1 Day on Market

Highlights

  • Walk-In Closet
  • Laundry Room
  • 4 Car Garage
  • Martha Baldwin Elementary School Rated A-
  • Central Heating and Cooling System
  • Family Room

About This Home

As of October 2015

2 homes on 1 lot, built in 2005 Mediterranean Styled in convenient location near school, park, golf course,shopping, restaurants and markets. Two detached garages. Each house have 3 bedrooms, 3 bathrooms, family room, dining room, living room with fire place. Central heat/air and Tile roof. Live in one rent the other for cash flow!!!

Last Agent to Sell the Property

Jennifer Chang

IRN Realty License #01244408 Listed on: 07/09/2015

IRN Realty

Last Buyer's Agent

Chuck Sam

KOWLOON REALTY, INC. License #01058208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,347

Year Built

  • Built in 2005

Lot Details

  • 9,001 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Front Yard

Parking

  • 4 Car Garage
  • 3 Carport Spaces
  • Parking Available

Interior Spaces

  • 3,496 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 024
  • Assessor Parcel Number 5347022024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $600
  • New Taxes Expense $15,070
  • Gross Income $5,380
  • Net Operating Income $47,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,347

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.40
  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5347022024
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 390.45
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 9001.00
  • Price Per Lot Square Foot: 151.65
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 5380.00
  • Gross Scheduled Income: 64560.00
  • Insurance Expense: 600.00
  • Lot Size Area: 9001.0000 Square Feet
  • Net Operating Income: 47660.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 16900.00
  • Rent Control: No
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 15070.00
  • Tax Lot: 024
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Hu Living Trust
Bought by
Hu Zhaoxiu
Current Estimated Value
$1,949,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 25, 2015
Sold by
Hawley Larry Jonathan and The 2015 Hawley Living Trust
Bought by
Hu Zhaoxiu and Hu Living Trust
Seller's Agent
Jennifer Chang
IRN Realty
Buyer's Agent
Chuck Sam
KOWLOON REALTY, INC.
List Price
$1,370,000
Sold Price
$1,365,000
Premium/Discount to List
-$5,000
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$570,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2015
Sold by
Hawley Larry J
Bought by
Hawley Larry Jonathan and 2015 Hawley Living Trust

Purchase Details

Closed on
Aug 2, 2012
Sold by
Us Bank National Association
Bought by
Hawley Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Aguas Jesus
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 15, 2005
Sold by
Blue Pacific Enterprises Llc
Bought by
Aguas Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 25, 2004
Sold by
Jen David C and Trieu Hue
Bought by
Blue Pacific Enterprises Llc

Purchase Details

Closed on
Jan 3, 2002
Sold by
Rosiles Mauricio V and Rosiles Juan Luis
Bought by
Jen David C and Trieu Hue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.15%

Purchase Details

Closed on
Nov 23, 2001
Sold by
Velasquez Juan and Ventura Enterprises
Bought by
Rosiles Juan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 12, 2001
Sold by
Rosiles Juan Luis
Bought by
Fernando Enterprises

Purchase Details

Closed on
May 16, 2000
Sold by
Rosiles Mauricio V and Rosiles Juan Luis
Bought by
Rosiles Mauricio V and Rosiles Juan Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
11.2%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Rosiles Olga E
Bought by
Rosiles Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
11.2%

Purchase Details

Closed on
Dec 16, 1999
Sold by
Esparza Jose
Bought by
Rosiles Mauricio V and Rosiles Juan Luis

Purchase Details

Closed on
Apr 24, 1998
Sold by
Noyes Esparza Christine Anita
Bought by
Esparza Jose
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
Hu Zhaoxiu -- Lawyers Title
Hu Zhaoxiu $1,365,000 Lawyers Title
Hawley Larry Jonathan -- None Available
Hawley Larry J $840,000 Landsafe Title Of Ca Inc
U S Bank National Association $708,750 Landsafe Title
Aguas Jesus $1,200,000 --
Blue Pacific Enterprises Llc -- --
Jen David C $224,363 First Southwestern Title Co
Rosiles Juan L -- --
Fernando Enterprises -- --
Rosiles Mauricio V -- Orange Coast Title
Rosiles Luis -- Orange Coast Title
Rosiles Mauricio V -- Orange Coast Title
Rosiles Mauricio V -- --
Esparza Jose -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hu Zhaoxiu $850,000
Previous Owner Hu Zhaoxiu $570,000
Previous Owner Hawley Larry J $630,000
Previous Owner Aguas Jesus $900,000
Previous Owner Jen David C $158,000
Previous Owner Rosiles Mauricio V $182,400
Previous Owner Esparza Jose $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $1,365,000 -0.4% $390 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,370,000 -- $392 / 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 $19,347 $1,615,876 $1,065,414 $550,462
2024 $19,347 $1,584,193 $1,044,524 $539,669
2023 $19,023 $1,553,132 $1,024,044 $529,088
2022 $18,083 $1,522,679 $1,003,965 $518,714
2021 $17,889 $1,492,824 $984,280 $508,544
2020 $17,792 $1,477,518 $974,188 $503,330
2019 $17,243 $1,448,548 $955,087 $493,461
2018 $17,254 $1,420,146 $936,360 $483,786
2017 $17,009 $1,392,300 $918,000 $474,300
2016 $15,827 $1,365,000 $900,000 $465,000
2015 $10,168 $860,672 $512,305 $348,367
2014 $10,034 $843,813 $502,270 $341,543
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15149108

California Regional Multiple Listing Service (CRMLS)

APN: 5347-022-024