1516 W Palais Rd, Anaheim, CA 92802
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1516 W Palais Rd Anaheim, CA 92802

$759,900 Sold Price as of 11/05/2020
  • 3 Beds
  • 3 Baths
  • 1,585 Sq.Ft.
Sold
$759,900 Sold Price as of 11/05/2020 Refinance Your Mortgage

Map preview of 1516 W Palais Rd, Anaheim, CA 92802

Property Overview: 1516 W Palais Rd Anaheim, CA has 3 bedrooms, 3 bathrooms, 1,585 living square feet and 7,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Recently remodeled 3 bedroom, 2.5 bath with bonus room, upgraded kitchen cabinets and countertops. Backyard offers a jacuzzi, large grass area, and ample parking for RV or multiple cars. Detached two car garage including built in storage cabinets. Centrally located to nearby freeways, close to Disneyland and nearby dining and shopping.

Listed by Alice McWilliams | BRE #02030365 | Claus Realty Advisors
Co-listed by Dennis Claus | BRE #00618325 | Claus Realty Advisors
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,800
HOA Dues
$0/mo
Year built
1956
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20238778
City
Anaheim
County
Orange
Time on Site
1347 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $77,888
  • Total Rent: $77,888
  • Pro Forma/Market Rent: $77,888
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,888
  • Net Operating Income: $54,521
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,366
  • Electric: $2,400
  • Gas/Fuel: $0
  • New Taxes: $7,616
  • Trash: $600
  • Insurance: $852
  • Water/Sewer: $2,400

Property Details for 1516 W Palais Rd

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 12923415
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NA
  • Directions: Euclid St to West Palais
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1516 W Palais Rd

Last sold for $760,000 on November 5th, 2020
  • November, 2020

  • Nov 12, 2020

    Date

    Sold

    CRMLS: PW20238778

    $759,900

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: PW20238778

    $759,900

    Price

  • November, 2020

  • Nov 5, 2020

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • October, 2020

  • Oct 15, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 21, 2020

    Date

    Leased

    CRMLS: PW20089836

    $5,000

    Price

  • May 11, 2020

    Date

    Active

    CRMLS: PW20089836

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Beautiful, FULLY FURNISHED home available for short-term rent (minimum 30 days). This single-story, 3-bedroom, 2.5 bath home sits on a large corner lot with top of the line appliances, granite counter tops and hardwood floors. Features 2 queen beds, 3 twin beds, 1 queen sofa sleeper. Each room includes wall-mounted flat screen TVs, and the family room provides a theater-like experience with a 60" HDTV flat screen and ceiling-mounted surround sound. Dish Network cable, high speed Wi-Fi, Blue-Ray DVD player. Feels like a private resort. Pull into the garage and exit out into the mini "compound" outfitted with a Jacuzzi, outdoor seating, natural gas barbecue, fireplace and ping pong table. Completely surrounded and private gated corner lot in a quiet and safe neighborhood.

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Tax History for 1516 W Palais Rd

Assessed Value (2020): $644,278
Year Land Value Improved Value Assessed Value
2020 $561,461 $82,817 $644,278

Home Value Compared to the Market

This property vs the competition

1516 W Palais Rd sold on November 5, 2020 for 12.15% lower than the current median sold price for the city of Anaheim which is $865,000. The median sold price per/sqft for Anaheim is $587 and this home is sold at $479.43 per/sqft which puts the price per square foot 18.33% lower than the current median sale per square foot for the city of Anaheim.

About 1516 W Palais Rd

Detailed summary of property

1516 W Palais Rd is a multi family that recently sold in Anaheim, CA 92802. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,585 living square feet, and sits on an approximately 7,800 square foot lot. 1516 W Palais Rd was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $759,900. Home in Anaheim are selling for a median price of $865,000 and a median price per square foot of $587. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 12.15% lower than the current median priced home. Local homes that are currently for sale include 1901 E 68th St, 1428 E 59th St and 727 Martin Luther King Jr Ave. There are currently 286 homes for sale in the Anaheim real estate market and 174 of them are single family homes while 82 of them are condos and 30 are townhomes. For more information on this home for sale at 1516 W Palais Rd Anaheim, CA 92802 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 1516 W Palais Rd

Public county record property details
Beds
3
Baths
2
Year built
1956
Sq. Ft.
1,585
Lot Size
7,800
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
82
APN
129-234-15

The source for these homes facts are from public records.

92802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$593
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$532
Total Inventory
28
Median Sale to List Price %
99.56%
Avg Days on Market
26
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.