NOT LISTED FOR SALE

11141 Palma Vista St Garden Grove, CA 92840

Estimated Value: $1,290,000 - $1,676,000

7 Beds
4.5 Baths
2,250 Sq Ft
$655/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $1,414,000 $628 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,148/month

Highlights

  • New Construction
  • Fireplace in Primary Bedroom
  • Quartz Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • No HOA

About This Home

As of April 2022

BRAND NEW CONSTRUCTION!! EXCELLENT INVESTMENT PROPERTY with HIGH Rental Income. Two Single Homes on a Lot in city of Garden Grove. Each detached home is approximately $714,000. First unit is brand new construction, approximately 1200SF, built in 2022, features 4BED/2BATH, with garage with separate driveway from main house. Load of upgrades: 9FT ceiling, kitchen with over-sized island, high quality appliances, modern kitchen cabinet. Whole house has A/C system, recess lighting, wood flooring, walk-in closet, washer/dryer hookup. Second unit is a 3BED/2BATH, 1,200 sqft with 2-car attached garage, recently renovated with all upgrades. Current rent is $3,000/monthly. Market rent is $3,200/monthly. The market rent for new built unit is $3,500/monthly. Low maintenance property. Both units have it's own gas and electric meters & driveway/driveway parking. Minutes away from freeways, popular restaurants & other amenities. Don't miss this opportunity to own this high return rental income. Perfect to live in one unit and rent out the other unit for extra income.

Last Agent to Sell the Property

Vinh Pham

NRI Group License #02054997 Listed on: 03/19/2022

Last Buyer's Agent

Paul Vu

Paul Vu, Broker License #02083161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,763

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,700 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 1475
  • Assessor Parcel Number 09046305
  • $387 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,763

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 09046305
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2250.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 628.44
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Laundry Features: Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7700.00
  • Lot Size Acres: 0.1768

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7700.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 876.02
  • Tax Lot: 51
  • Tax Tract Number: 1475
  • TaxOtherAnnualAssessmentAmount: 387.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Mar 29, 2021
Sold by
Wishek Nicholas
Bought by
Nri Portfolios Llc
Seller's Agent
Mike Monaghan
Lombardi Realty
Buyer's Agent
Mike Monaghan
Lombardi Realty
List Price
$595,000
Sold Price
$695,000
Premium/Discount to List
$100,000
16.81%
Current Estimated Value
$1,400,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,532
Avg. Annual Appreciation
17.33%
Original Mortgage
$150,000
Outstanding Balance
$137,373
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,244,497

Purchase Details

Closed on
Mar 25, 2013
Sold by
Wishek Nicholas
Bought by
Wishek Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Wishek Nicholas
Bought by
Wishek Nicholas and Nicholas Wishek Declaration Of Trust
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Nri Portfolios Llc $695,000 Chicago Title
Nri Portfolios Llc $695,000 Chicago Title
Wishek Nicholas -- None Available
Wishek Nicholas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nri Portfolios Llc $150,000
Open Nri Portfolios Llc $841,500
Closed Nri Portfolios Llc $841,500
Previous Owner Wishek Nicholas $237,000
Previous Owner Wishek Nicholas $243,750
Previous Owner Wishek Nicholas $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,414,000 -1.0% $628 / Sq Ft
03/19/2022 03/19/22 For Sale $1,429,000 0.0% $635 / Sq Ft
07/03/2021 07/03/21 Rented $2,990 0.0% --
06/15/2021 06/15/21 For Rent $2,990 0.0% --
04/27/2021 04/27/21 Sold $695,000 +16.8% $618 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $595,000 -- $529 / Sq Ft
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
2025 $17,763 $1,500,547 $1,406,972 $93,575
2024 $17,763 $1,471,125 $1,379,384 $91,741
2023 $17,404 $1,442,280 $1,352,337 $89,943
2022 $9,252 $745,707 $660,032 $85,675
2021 $1,158 $63,493 $31,049 $32,444
2020 $1,151 $62,842 $30,730 $32,112
2019 $1,127 $61,610 $30,127 $31,483
2018 $1,107 $60,402 $29,536 $30,866
2017 $1,073 $59,218 $28,957 $30,261
2016 $1,061 $58,057 $28,389 $29,668
2015 $1,048 $57,185 $27,962 $29,223
2014 $999 $56,065 $27,414 $28,651
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Vinh Pham

    NRI Group

    Section Image

  • P

    Buyer's Agent in 2022

    Paul Vu

    Paul Vu, Broker

    Section Image

  • M

    Seller's Agent in 2021

    Mike Monaghan

    Lombardi Realty

    (714) 878-5401

    1 in this area

    8 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22049958

California Regional Multiple Listing Service (CRMLS)

APN: 090-463-05

California Orange County Garden Grove 92840

11141 Palma Vista St, Garden Grove, CA

This home is located at 11141 Palma Vista St, Garden Grove, CA 92840 since 19 March 2022 and is currently estimated at $1,473,668, approximately $654 per square foot. This property was built in 2022. 11141 Palma Vista St is a home located in Orange County with nearby schools including Alexander J. Stoddard Elementary School, Ball Junior High School, and Loara High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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