2531 E Ward Terrace, Anaheim, CA 92806
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2531 E Ward Terrace Anaheim, CA 92806

$1,525,000 Sold Price as of 11/01/2021
  • 28 Beds
  • 20 Baths
  • 3,969 Sq.Ft.
Sold
$1,525,000 Sold Price as of 11/01/2021 Refinance Your Mortgage

Map preview of 2531 E Ward Terrace, Anaheim, CA 92806

Property Overview: 2531 E Ward Terrace Anaheim, CA has 28 bedrooms, 20 bathrooms, 3,969 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is one of THREE 4plex' buildings being sold. One is next door to this property, the other is in Orange. Seller would prefer to sell as a single transaction but is open to selling sperately as well. Superb location and condition 4 plex! Both 2523 and 2531 are for sale! The 2 properties share a common plaza and EACH four plex offers 2 two car garages and a single car garage. Each four plex offers 2 one bed, one bath units, 1 two bed, one bath unit and 1 three bed, two bath unit. So total Units are 8, total bedroom count is 14, and total bathroom count is 10. Located in a great area of Anaheim close to Freeways but not too close and in excellent condition.

Listed by Richard Fuller | BRE #01885193 | IMPACT Properties, Inc
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1968
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21140056
City
Anaheim
County
Orange
Time on Site
1036 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 7
  • # of Baths: 5
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,465
  • Total Rent: $5,465
  • Pro Forma/Market Rent: $8,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $101,964
  • Net Operating Income: $91,968
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,519
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,560
  • Water/Sewer: $0

Property Details for 2531 E Ward Terrace

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • Has Fireplace
  • Patio
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop, Range Hood
Interior Features
  • Levels: One
  • Window Features: Blinds, Double Pane Windows
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage - Single Door, Garage - Two Door, Garage Door Opener
Lot Information
  • Lot Features: Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 26810107
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: 57 to Lincoln go west to first street and turn right and another right at first street(Ward Terrace)
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 2531 E Ward Terrace

Last sold for $1,525,000 on November 1st, 2021
  • August, 2021

  • Aug 3, 2021

    Date

    Active

    CRMLS: PW21140056

    $1,500,000

    Price

  • Jul 23, 2021

    Date

    Hold

    CRMLS: PW21140056

    $1,500,000

    Price

  • Jul 10, 2021

    Date

    Active

    CRMLS: PW21140056

    $1,500,000

    Price

  • Jul 9, 2021

    Date

    Coming Soon

    CRMLS: PW21140056

    $1,500,000

    Price

  • April, 2004

  • Apr 5, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2531 E Ward Terrace

Assessed Value (2020): $174,112
Year Land Value Improved Value Assessed Value
2020 $53,925 $120,187 $174,112

Home Value Compared to the Market

This property vs the competition

2531 E Ward Terrace sold on November 1, 2021 for 70.45% higher than the current median sold price for the city of Anaheim which is $880,000. The median sold price per/sqft for Anaheim is $542 and this home is sold at $377.93 per/sqft which puts the price per square foot 30.27% lower than the current median sale per square foot for the city of Anaheim.

About 2531 E Ward Terrace

Detailed summary of property

2531 E Ward Terrace is a fourplex that recently sold in Anaheim, CA 92806. This fourplex offered 28 bedrooms, 20 bathrooms, roughly 3,969 living square feet, and sits on an approximately 9,148 square foot lot. 2531 E Ward Terrace was first listed on ArdentRealEstateGroup.com on July 9, 2021. The homeowner sold the property for $1,525,000. Home in Anaheim are selling for a median price of $880,000 and a median price per square foot of $542. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 70.45% higher than the current median priced home. Local homes that are currently for sale include 938 S Gilbuck Dr, 1818 W Glenoaks Ave and 750 N Adele St. While the average home in Anaheim, CA is selling in 42 days, 2531 E Ward Terrace has a days on market of 58 days. There are currently 237 homes for sale in the Anaheim real estate market and 142 of them are single family homes while 68 of them are condos and 27 are townhomes. For more information on this home for sale at 2531 E Ward Terrace Anaheim, CA 92806 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 2531 E Ward Terrace

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
3,969
Lot Size
9,161
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
268-101-07

The source for these homes facts are from public records.

92806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$938,888
Median List Price/Sq.Ft.
$501
Median Sold Price
$1,016,500
Median Sold Price/Sq.Ft.
$598
Total Inventory
18
Median Sale to List Price %
107.01%
Avg Days on Market
10
Loan Type
Conventional (66.67%), FHA (0%), VA (11.11%), Cash (0%), Other (11.11%)

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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.