15561 Boleyn Circle, Tustin, CA 92780
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15561 Boleyn Circle Tustin, CA 92780

$1,577,000 Sold Price as of 08/02/2021
  • 9 Beds
  • 5 Baths
  • 4,283 Sq.Ft.
Sold
$1,577,000 Sold Price as of 08/02/2021 Refinance Your Mortgage

Map preview of 15561 Boleyn Circle, Tustin, CA 92780

Property Overview: 15561 Boleyn Circle Tustin, CA has 9 bedrooms, 5 bathrooms, 4,283 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Now available for the first time since 1996, we are pleased to present 15561 Boleyn Circle located on a cul-de-sac in beautiful Tustin, California. Built in 1964, this pride of ownership property is in immaculate condition thanks to extremely meticulous ownership & management. The property has three 2 bedroom/1 bathroom units & one 3 bedroom/2 bathroom unit. Unit A, B, & C have each been extensively renovated within the past eight years. The interior renovations include, but are not limited to, Central Air Conditioning, Granite Countertops, Solid Plywood Core Cabinets, Kitchen LED Lighting, American Made Thermastar Dual Glazed Windows & Sliders. (Please see “15561 BOLEYN CIRCLE RENOVATIONS, REMODELS AND UPGRADES” for more details). Each unit is separately metered for gas & electric. The property also includes four private garages and four reserved on-site parking spaces. This property is in Tustin near major retail, dining, fitness, educational, & employment opportunities. The property is conveniently located near the 55 & 5 Freeways, which allows residents to quickly access the desirable local attractions including Newport Beach, Fashion Island, Lido Isle, & South Coast Plaza. This offering provides an investor the opportunity to acquire a well-maintained apartment investment. The Tustin apartment market is resilient & robust, as evidenced by the low sales volume. This property attracts quality residents seeking a private, well located neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. The overall demand for well-located apartments like 15561 Boleyn Circle will be a key driver in the future investment growth.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 36 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21131313
City
Tustin
County
Orange
Time on Site
1049 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,683
  • Total Rent: $1,683
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,738
  • Total Rent: $1,738
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,120
  • Total Rent: $2,120
  • Pro Forma/Market Rent: $2,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.23%
  • Gross Rent Multiplier: 23.9
  • Gross Scheduled Income: $66,792
  • Net Operating Income: $35,648
  • Gross Operating Income: $64,788
  • Vacancy Allowance: $2,004
  • Laundry Income: $300
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $29,140
  • Electric: $276
  • Gas/Fuel: $804
  • New Taxes: $18,696
  • Trash: $1,109
  • Gardener: $1,200
  • Insurance: $1,385
  • Maintenance: $3,000
  • Water/Sewer: $1,320
  • Other Expenses: $1,350
  • Other Expense Description: Reserves

Property Details for 15561 Boleyn Circle

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Vinyl
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Paved, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 40236211
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Tustin Place (TP)
  • Directions: Pasadena & McFaddden, Near the 5 & 55 fwys
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Tustin Agent

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Sale History for 15561 Boleyn Circle

Last sold for $1,577,000 on August 2nd, 2021
  • August, 2021

  • Aug 2, 2021

    Date

    Sold

    CRMLS: OC21131313

    $1,577,000

    Price

  • Jun 19, 2021

    Date

    Pending

    CRMLS: OC21131313

    $1,598,888

    Price

  • Jun 17, 2021

    Date

    Active

    CRMLS: OC21131313

    $1,598,888

    Price

  • April, 1996

  • Apr 11, 1996

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

  • December, 1995

  • Dec 22, 1995

    Date

    Sold (Public Records)

    Public Records

    $290,700

    Price

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Tax History for 15561 Boleyn Circle

Assessed Value (2020): $349,364
Year Land Value Improved Value Assessed Value
2020 $167,977 $181,387 $349,364

Home Value Compared to the Market

This property vs the competition

15561 Boleyn Circle sold on August 2, 2021 for 73.79% higher than the current median sold price for the city of Tustin which is $920,000. The median sold price per/sqft for Tustin is $650 and this home is sold at $373.31 per/sqft which puts the price per square foot 42.57% lower than the current median sale per square foot for the city of Tustin.

About 15561 Boleyn Circle

Detailed summary of property

15561 Boleyn Circle is a multi family that recently sold in Tustin, CA 92780. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 4,283 living square feet, and sits on an approximately 7,405 square foot lot. 15561 Boleyn Circle was first listed on ArdentRealEstateGroup.com on June 17, 2021. The homeowner sold the property for $1,577,000. Home in Tustin are selling for a median price of $920,000 and a median price per square foot of $650. Based on Ardent Real Estate Group's Tustin Market Data, this home is sold 73.79% higher than the current median priced home. Local homes that are currently for sale include 16591 E Buena Vista Ave, 825 S Claudina St and 17150 San Mateo St. While the average home in Tustin, CA is selling in 22 days, 15561 Boleyn Circle has a days on market of 1 days. There are currently 75 homes for sale in the Tustin real estate market and 33 of them are single family homes while 28 of them are condos and 14 are townhomes. For more information on this home for sale at 15561 Boleyn Circle Tustin, CA 92780 contact Ardent Real Estate Group and we will put you in touch with one of our Tustin agents.

Public Facts for 15561 Boleyn Circle

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,283
Lot Size
7,544
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
402-362-11

The source for these homes facts are from public records.

92780 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$780,000
Median List Price/Sq.Ft.
$593
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
40
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (44%), FHA (4%), VA (0%), Cash (36%), Other (16%)

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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.