J
Seller's Agent in 2020
Jessica Griffith
Engel & Völkers Newport Beach
Estimated Value: $1,037,000 - $1,639,837
4
Beds
1.5
Baths
2,132
Sq Ft
$672/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Sun or Florida Room
- Neighborhood Views
- Alamitos Intermediate School Rated A-
- No HOA
- Separate Outdoor Workshop
About This Home
As of August 2020DO NOT DISTURB OCCUPANT, YES PROPERTY IS OCCUPIED
INVESTORS DELIGHT! BEST PRICE PER SQUARE FOOT ON THE MARKET!
Check out these aerial photos and get your plans ready! 1,132 sq ft home, 400 sq ft sunroom and 600 sq ft permitted detached garage giving the property a total of 2,132 sq ft of potential rental income awaits! Built in 1957 the property was 1 of 4 model homes in 1957. At that time the builder converted what would have been the garage into an office with sliding glass doors. The space was never converted back to a garage. This room has the potential to be developed into an attached 1 bedroom or studio ADU. In 1963 the owners built a custom 600 sq ft garage. This garage space can be converted into a 2 bedroom ADU. Between those two, there is 1,000 sq ft of potential ADU/rental. In addition to the garage and sunroom, the 4 bedroom 2 bath footprint provides an additional 1,132 sq ft of living space with more rental potential. On the opposite side of Dale you will find R3 zoning, making this an ideal location for rental property. The roof was replaced 20 years ago, the water heater 2 years ago. Otherwise, the property is ready for your new design! Termite calls for fumigation and some wood replacement. Buyer to take property as-is. All comps on the market with 10,000+ sq ft lot with development potential listed at 855,000 and. above, making this a hot property. Buyer to do their own investigations. Subject is located on R1 zoning.
Last Agent to Sell the Property
Jessica Griffith
Engel & Völkers Newport Beach License #01755981 Listed on: 06/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,762
Year Built
- Built in 1957
Lot Details
- 0.27 Acre Lot
- Wood Fence
- Paved or Partially Paved Lot
- No Sprinklers
- Front Yard
- Property is zoned R1
Parking
- 3 Car Garage
- 6 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,132 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Sun or Florida Room
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Gas Range
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry Located Outside
- 220 Volts In Laundry
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
- Separate Outdoor Workshop
Location
- Suburban Location
Utilities
- Forced Air Heating System
- 220 Volts in Garage
- Natural Gas Connected
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 2975
- Assessor Parcel Number 13153122
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2020
Sold by
Vanle Luan
Bought by
Giac An Buddhist Monastery
Current Estimated Value
Purchase Details
Listed on
Jun 16, 2020
Closed on
Jul 6, 2020
Sold by
Norton Michael John and Estate For Wanda Lee Norton
Bought by
Vanle Luan
Seller's Agent
Jessica Griffith
Engel & Völkers Newport Beach
Buyer's Agent
Karen Luu
Pacific Sterling Realty
List Price
$750,000
Sold Price
$731,600
Premium/Discount to List
-$18,400
-2.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Giac An Buddhist Monastery | -- | None Available | |
| Vanle Luan | $732,000 | Fidelity National Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | For Sale | $750,000 | +2.5% | $352 / Sq Ft |
| 08/06/2020 08/06/20 | Sold | $731,600 | 0.0% | $343 / Sq Ft |
| 07/31/2020 07/31/20 | Off Market | $731,600 | -- | -- |
| 07/24/2020 07/24/20 | Price Changed | $750,000 | +25.0% | $352 / Sq Ft |
| 06/16/2020 06/16/20 | For Sale | $600,000 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,762 | $1,890,381 | $722,841 | $1,167,540 |
| 2024 | $18,762 | $1,557,654 | $708,667 | $848,987 |
| 2023 | $10,788 | $879,170 | $694,772 | $184,398 |
| 2022 | $9,744 | $792,512 | $681,149 | $111,363 |
| 2021 | $9,102 | $731,600 | $667,793 | $63,807 |
| 2020 | $1,146 | $62,838 | $25,755 | $37,083 |
| 2019 | $1,048 | $61,606 | $25,250 | $36,356 |
| 2018 | $1,028 | $60,399 | $24,755 | $35,644 |
| 2017 | $1,013 | $59,215 | $24,269 | $34,946 |
| 2016 | $975 | $58,054 | $23,793 | $34,261 |
| 2015 | $960 | $57,182 | $23,435 | $33,747 |
| 2014 | $937 | $56,062 | $22,976 | $33,086 |
Source: Public Records
Agents Affiliated with this Home
-
-
Karen Luu
K
Buyer's Agent in 2020
Karen Luu
Pacific Sterling Realty
(949) 222-9911
1 in this area
20 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20116374
APN: 131-531-22
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