409 S Center St, Orange, CA 92866
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409 S Center St Orange, CA 92866

$1,300,000 Sold Price as of 05/04/2022
  • 6 Beds
  • 3 Baths
  • 1,924 Sq.Ft.
Sold
$1,300,000 Sold Price as of 05/04/2022 Refinance Your Mortgage

Map preview of 409 S Center St, Orange, CA 92866

Property Overview: 409 S Center St Orange, CA has 6 bedrooms, 3 bathrooms, 1,924 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks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

Listed by Albert Ricci | BRE #01011606 | Ricci Realty
Co-listed by AJ Ricci | BRE #01985308 | Ricci Realty
Last checked: 9 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW22042905
City
Orange
County
Orange
Time on Site
795 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,420
  • Net Operating Income: $43,765
  • Gross Operating Income: $67,335
  • Vacancy Allowance: $2,083
  • # of Rented Garages: 0
  • Laundry Income: $600
  • Laundry Own/Lease: Own
  • Other Income Description: ALL PRO FORMA RENT
Annual Expense Breakdown
  • Total Operating Expense: $23,570
  • Licenses: $85
  • New Taxes: $14,245
  • Trash: $480
  • Gardener: $1,200
  • Insurance: $2,300
  • Maintenance: $3,740
  • Water/Sewer: $920

Property Details for 409 S Center St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • 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: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 39041401
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Slab
  • Property is not Attached
  • Offered With Property: FREE STANDING STOVES. COIN OP WASHER/DRYER.
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, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: OLD TOWNE
  • Directions: FROM THE PLAZA, EAST TO CENTER, RIGHT 4 BLOCKS SOUTH
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Orange Agent

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Sale History for 409 S Center St

Last sold for $1,300,000 on May 4th, 2022
  • March, 2022

  • Mar 4, 2022

    Date

    Active

    CRMLS: PW22042905

    $1,295,000

    Price

  • March, 2004

  • Mar 24, 2004

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • October, 1998

  • Oct 16, 1998

    Date

    Sold (Public Records)

    Public Records

    $221,000

    Price

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Tax History for 409 S Center St

Assessed Value (2020): $676,021
Year Land Value Improved Value Assessed Value
2020 $615,565 $60,456 $676,021

Home Value Compared to the Market

This property vs the competition

409 S Center St sold on May 4, 2022 for 23.33% higher than the current median sold price for the city of Orange which is $1,050,000. The median sold price per/sqft for Orange is $611 and this home is sold at $673.08 per/sqft which puts the price per square foot 10.16% higher than the current median sale per square foot for the city of Orange.

About 409 S Center St

Detailed summary of property

409 S Center St is a triplex that recently sold in Orange, CA 92866. This triplex offered 6 bedrooms, 3 bathrooms, roughly 1,924 living square feet, and sits on an approximately 6,098 square foot lot. 409 S Center St was first listed on ArdentRealEstateGroup.com on March 4, 2022. The homeowner sold the property for $1,300,000. Home in Orange are selling for a median price of $1,050,000 and a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 23.33% higher than the current median priced home. Local homes that are currently for sale include 8402 Slater Ave, 1925 Church St and 1925 Church St. While the average home in Orange, CA is selling in 44 days, 409 S Center St has a days on market of 22 days. There are currently 159 homes for sale in the Orange real estate market and 126 of them are single family homes while 27 of them are condos and 6 are townhomes. For more information on this home for sale at 409 S Center St Orange, CA 92866 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 409 S Center St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
1,504
Lot Size
6,373
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
390-414-01

The source for these homes facts are from public records.

92866 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,198,888
Median List Price/Sq.Ft.
$716
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
14
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (50%), Other (0%)

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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.