$1,120,000
SOLD MAY 24, 2024

10322 Avenida Cinco de Mayo Fountain Valley, CA 92708

0.16 Acre
$7,097,592 Price per Acre
6,875 Sq Ft Lot

Recently Sold

14% Below List Price

36 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 3-minute walk to Colony Park
  • Cox (James H.) Elementary School Rated A-

About This Lot

As of May 2024

Build your dream home today with this fantastic opportunity! Nestled near Mile Square Park and the Holy Spirit Catholic Church, this property presents the ideal setting for realizing your vision. Boasting an impressive total 4,400 square feet of modern living space, it stands as the largest home available in the area. Approved plans include demo and grading, with the main house blueprint offering approximately 3,700 square feet, 7 bedrooms, and 6 bathrooms, while an additional 747-square-foot ADU boasts 2 bedrooms and 2 baths. Enjoy the convenience of this prime location situated between the 22 and 405 freeways, providing easy access to Little Saigon in just 5 minutes. Buyers are encouraged to verify plans and permits, along with all information prior to submitting an offer.

Last Agent to Sell the Property

Ricky Leung

First Team Real Estate License #02206174 Listed on: 03/19/2024

First Team Real Estate

Last Buyer's Agent

Danny Nguyen

Smart Choice Realty License #01271379

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,764

Lot Details

  • 6,875 Sq Ft Lot
  • Lot Dimensions are 50 x 137.50
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Property is zoned R1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 2100
  • Assessor Parcel Number 16908315
  • $379 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$10,764

Lot Details

0

Listing Details

  • Current Use Comments: Vacant site. Grading and Demo Permits approved
  • Other Phone Number: 3108633075
  • Possible Use Comments: Plans for a main dwelling offering 4,000 square feet, 7 bedrooms, and 6 bathrooms, while an additional 747-square-foot ADU boasts 2 bedrooms and 2 ...
  • Road Surface Type: Paved
  • View: No
  • Zoning: R1
  • Zoning Description: Single Family Residence
  • Property Type: Land
  • Parcel Number: 16908315
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 162.91

Exterior Features

  • Fencing: Block, Chain Link

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size: 50 x 137.50
  • Lot Size Sq Ft: 6875.00
  • Usable Land Percent: 100
  • Lot Size Acres: 0.1578

Multi Family

  • Lot Size Area: 6875.0000 Square Feet

Tax Info

  • Tax Block: 2100
  • Tax Census Tract: 992.51
  • Tax Lot: 4
  • Tax Tract: 21002
  • TaxOtherAnnualAssessmentAmount: 379.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 11, 2024
Sold by
Nguyen Thanh Ha
Bought by
Timor Holding Llc
Seller's Agent
Ricky Leung
First Team Real Estate
Buyer's Agent
Danny Nguyen
Smart Choice Realty
List Price
$1,300,000
Sold Price
$1,120,000
Premium/Discount to List
-$180,000
-13.85%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.23%

Purchase Details

Closed on
Nov 23, 2021
Sold by
Salcedo Phillip A and Salcedo Dominique C
Bought by
Nguyen Thanh Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Salcedo Simon S and Salcedo Julia Ann
Bought by
Salcedo Phillip A and Salcedo Domonicia N
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,120,000 Western Resources Title
Grant Deed $925,000 First American Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $726,750 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $290,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $3,400,000 +203.6% $754 / Sq Ft
05/24/2024 05/24/24 Sold $1,120,000 -13.8% --
04/25/2024 04/25/24 For Sale $1,300,000 0.0% --
04/24/2024 04/24/24 Pending -- -- --
04/20/2024 04/20/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $1,300,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $10,764 $962,370 $956,843 $5,527
2023 $10,514 $943,500 $938,081 $5,419
2022 $608 $22,265 $18,597 $3,668
2021 $599 $21,829 $18,232 $3,597
2020 $593 $21,606 $18,045 $3,561
2019 $588 $21,183 $17,691 $3,492
2018 $580 $20,768 $17,344 $3,424
2017 $571 $20,361 $17,004 $3,357
2016 $557 $19,962 $16,670 $3,292
2015 $548 $19,663 $16,420 $3,243
2014 $537 $19,278 $16,098 $3,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24049876

California Regional Multiple Listing Service (CRMLS)

APN: 169-083-15