$585,000
SOLD JUN 27, 2019

11272 Palmwood Dr Garden Grove, CA 92840

4 Beds
2 Baths
1,791 Sq Ft
7,398 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

8% Below List Price

4 Days on Market

Highlights

  • Filtered Pool
  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Faylane Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2019

SO MUCH POTENTIAL !!! Great Family home opportunity or Favorable Investment property. Embrace this home with some TLC (Tender loving care) and Fix-It to make it your own. Substantial front yard with a few rose bushes and shrubbery. Spacious back yard with a nice refreshing swimming pool, covered patio area for entertaining, and an uncovered area for the BBQ. Back yard enclosed, which encompasses the side patio area with fruit tree and ample for play area, pet and extra storage. Two (2) car garage with space in front for two (2) more. This property is conveniently located in a desirable neighborhood of Garden Grove and centrally close to good schools, restaurants, shopping, activities and freeways. Buyer to verify square footage.

Last Agent to Sell the Property

Christine Rossi

Kent Real Estate Services License #01205164 Listed on: 06/10/2019

Last Buyer's Agent

Chuc Mai

Chuc Mai Broker License #01399245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,433

Year Built

  • Built in 1958

Lot Details

  • 7,398 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,791 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Pool

  • Filtered Pool

Utilities

  • Cooling Available
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2412
  • Assessor Parcel Number 08959204

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,433

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 08959204
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1791.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 326.63
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Filtered
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Electric Range, Gas Water Heater
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7398.00
  • Lot Size Acres: 0.1698

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7398.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 883.01
  • Tax Lot: 11
  • Tax Tract Number: 2412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 3, 2019
Sold by
Global Wins Investment Llc
Bought by
Nguyen Phuong Thai and Nguyen Katie Phuong
Seller's Agent
Denney Huynh
L.S. Gateway Realtors
Buyer's Agent
Nicky Pham
Prosource Financial Group, Inc
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Current Estimated Value
$1,127,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,164
Avg. Annual Appreciation
7.68%
Original Mortgage
$576,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jun 19, 2019
Sold by
Hawn Karol
Bought by
Global Wins Investment Llc
Seller's Agent
Christine Rossi
Kent Real Estate Services
Buyer's Agent
Chuc Mai
Chuc Mai Broker
List Price
$638,888
Sold Price
$585,000
Premium/Discount to List
-$53,888
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.63%
Source: Public Records

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Range of Values:

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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 $720,000 Ticor Title Company
Grant Deed $585,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 New Conventional
Closed $576,000 New Conventional
Previous Owner $506,970 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $469,342 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $720,000 -0.7% $402 / Sq Ft
10/31/2019 10/31/19 For Sale $725,000 +23.9% $405 / Sq Ft
06/27/2019 06/27/19 Sold $585,000 -8.4% $327 / Sq Ft
06/14/2019 06/14/19 For Sale $638,888 +9.2% $357 / Sq Ft
06/11/2019 06/11/19 Off Market $585,000 -- --
06/10/2019 06/10/19 For Sale $638,888 -- $357 / 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
2024 $9,433 $771,984 $660,927 $111,057
2023 $9,260 $756,848 $647,968 $108,880
2022 $9,125 $742,008 $635,262 $106,746
2021 $9,035 $727,459 $622,806 $104,653
2020 $8,933 $720,000 $616,420 $103,580
2019 $7,203 $92,719 $31,344 $61,375
2018 $1,387 $90,901 $30,729 $60,172
2017 $1,367 $89,119 $30,126 $58,993
2016 $1,310 $87,372 $29,535 $57,837
2015 $1,292 $86,060 $29,091 $56,969
2014 $1,251 $84,375 $28,521 $55,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19136992

California Regional Multiple Listing Service (CRMLS)

APN: 089-592-04