NOT LISTED FOR SALE

11371 Kathy Ln Garden Grove, CA 92840

Estimated Value: $1,266,000 - $1,803,000

7 Beds
4 Baths
2,300 Sq Ft
$664/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $1,340,000 $583 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,439/month

193 Days on Market

Highlights

  • New Construction
  • Updated Kitchen
  • Contemporary Architecture
  • Parkview Elementary Rated A-
  • Open Floorplan
  • No HOA

About This Home

As of March 2023

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 $665,000. First unit is brand new construction, approximately 1100 SF, built in 2022, features 4BED/2BATH, with 1-car attached garage. 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, 1100 sqft, with 2-car detached garage. House recently renovated with all upgrades. Market rent is $3,400/monthly. New built market rent is $3,600/monthly. Low maintenance property. Both units have it's own gas and electric meters. Plenty of parking on huge driveway. 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: 08/05/2022

Last Buyer's Agent

Vinh Pham

NRI Group License #02054997 Listed on: 08/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,894

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,800 Sq Ft Lot
  • Vinyl Fence
  • Block Wall Fence

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 2255
  • Assessor Parcel Number 09044312
  • $405 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,894

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 09044312
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2300.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 582.61
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8800.00
  • Lot Size Acres: 0.2020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8800.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 875.03
  • Tax Lot: 42
  • Tax Tract Number: 2255
  • TaxOtherAnnualAssessmentAmount: 405.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 24, 2021
Sold by
Sema Donna
Bought by
Nri Portfolios Llc
Seller's Agent
Adrian Huerta
RISE Real Estate Group
Buyer's Agent
Hao Ye
First Family Homes
List Price
$675,000
Sold Price
$745,000
Premium/Discount to List
$70,000
10.37%
Current Estimated Value
$1,526,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,750
Avg. Annual Appreciation
18.11%

Purchase Details

Closed on
May 1, 2014
Sold by
Serna Heriberto and Serna Donna
Bought by
Serna Donna

Purchase Details

Closed on
Oct 23, 2001
Sold by
Bulubenchi Ion and Bulubenchi Mariana
Bought by
Serna Heriberto and Serna Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
8.99%

Purchase Details

Closed on
Jun 8, 2000
Sold by
Nicolae Marcu and Nicolae Maria Marcu
Bought by
Bulubenchi Ion and Bulubenchi Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
8.67%

Purchase Details

Closed on
Apr 17, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bulubenchi Ion and Bulubenchi Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,665
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1996
Sold by
Silva Peter B and Silva Sarah C
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $745,000 Lawyers Title Company
Serna Donna -- None Available
Serna Heriberto $276,000 Fidelity National Title Ins
Bulubenchi Ion -- Commonwealth Land Title
Bulubenchi Ion $154,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $137,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serna Heriberto $220,800
Previous Owner Bulubenchi Ion $161,250
Previous Owner Bulubenchi Ion $150,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $1,340,000 0.0% $583 / Sq Ft
03/13/2023 03/13/23 For Sale $1,340,000 0.0% $583 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,340,000 0.0% $583 / Sq Ft
06/01/2022 06/01/22 For Rent $3,290 0.0% --
05/26/2022 05/26/22 Off Market $3,290 -- --
05/26/2022 05/26/22 Rented $3,290 0.0% --
05/21/2022 05/21/22 For Rent $3,290 0.0% --
05/11/2022 05/11/22 Off Market $3,290 -- --
05/06/2022 05/06/22 For Rent $3,290 +6.5% --
11/09/2021 11/09/21 Rented $3,090 0.0% --
10/25/2021 10/25/21 For Rent $3,090 0.0% --
07/07/2021 07/07/21 Sold $745,000 0.0% $658 / Sq Ft View Prior Sale
06/23/2021 06/23/21 Pending -- -- --
06/18/2021 06/18/21 Off Market $745,000 -- --
06/11/2021 06/11/21 For Sale $675,000 -- $596 / 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 $16,894 $1,394,136 $1,125,767 $268,369
2024 $16,894 $1,366,800 $1,103,693 $263,107
2023 $11,749 $934,965 $696,149 $238,816
2022 $9,303 $745,000 $682,499 $62,501
2021 $4,843 $376,677 $304,948 $71,729
2020 $4,785 $372,815 $301,821 $70,994
2019 $4,719 $365,505 $295,903 $69,602
2018 $4,604 $358,339 $290,101 $68,238
2017 $4,555 $351,313 $284,413 $66,900
2016 $4,329 $344,425 $278,836 $65,589
2015 $4,271 $339,252 $274,648 $64,604
2014 $4,171 $332,607 $269,268 $63,339
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22172863

California Regional Multiple Listing Service (CRMLS)

APN: 090-443-12