NOT LISTED FOR SALE

1240 E Madison Ave Orange, CA 92867

Estimated Value: $1,345,000 - $1,502,000

5 Beds
3 Baths
2,821 Sq Ft
$506/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $850,000 $301 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,312/month

3 Days on Market

Highlights

  • Maid or Guest Quarters
  • Corner Lot
  • 2 Car Direct Access Garage
  • Main Floor Bedroom
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2020

FIXER UPPER 5 bedroom SINGLE Story home in tranquil pride of ownership neighborhood. Enjoy the 5 large bedrooms, the 3 spacious bathrooms, the large utility/ multi purpose room, the 2-car attached garage, the additional driveway parking, and the wide wraparound front yard on a corner lot. Multiple possibilities for this home. There is a separate living area which includes a private kitchen, a living room, a full bathroom, a linen closet, a large bedroom with a double closet, AND a separate entrance!! In the main home, the Master bedroom is private at the far rear end with an ensuite bathroom with a door to the backyard, perfect for pool, Jacuzzi, or party access. VERY HARD to find floorplan. Would be well suited for a roommate, caregiver, guest quarters, multi-generation household, college students, or grown kids. Bring your own remodeling ideas to this blank canvas in original stock 1960's condition, no bad remodels to repair. This home can be amazing with cosmetic upgrades; a contractor remodeling dream project. Great location, great floorplan, and separate living quarters make this house a hot commodity. This home is being sold in AS IS condition.

Last Agent to Sell the Property

Deborah Walz

Hallmark West Real Estate License #00622126 Listed on: 10/09/2020

Last Buyer's Agent

Alexandra Lee

Nakoma Realty Company License #01916988

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8,460 Sq Ft Lot
  • Block Wall Fence
  • Fence is in good condition
  • Corner Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 2,821 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Schools

  • Cambridge Elementary School
  • Orange High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2695
  • Assessor Parcel Number 38621505

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Unknown
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 38621505
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2821.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Built-in Features, Storage, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 301.31
  • Room Type: All Bedrooms Down, Entry, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchenette, Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Cambridge
  • High School: Orange
  • Elementary School #2: CAMBRI
  • High School2: ORANGE3

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8460.00
  • Lot Size Acres: 0.1942

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8460.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 2695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Chew Heidi Chen
Bought by
Chew Heidi Chen and Chew Heidi Chen
Current Estimated Value
$1,428,505

Purchase Details

Closed on
Apr 1, 2021
Sold by
Chew Heidi Chen and Chew Heidi Chen
Bought by
Chew Heidi Chen

Purchase Details

Listed on
Oct 9, 2020
Closed on
Oct 19, 2020
Sold by
Miller Sharon Brenda and Estate Of Gloria June Riedl
Bought by
Chew Heidi Chen and Chew Heidi Chen
Seller's Agent
Deborah Walz
Hallmark West Real Estate
Buyer's Agent
Alexandra Lee
Nakoma Realty Company
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$510,000
Outstanding Balance
$452,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$975,714

Purchase Details

Closed on
Jun 20, 2001
Sold by
Riedl Bryan A and Riedl Gloria June
Bought by
Riedl Gloria June

Purchase Details

Closed on
Dec 14, 1993
Sold by
Riedl Ryan A
Bought by
Riedl Bryan A and Riedl Gloria June
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chew Heidi Chen -- None Available
Chew Heidi Chen -- None Available
Chew Heidi Chen $850,000 First American Title Company
Riedl Gloria June -- --
Riedl Bryan A -- --
Riedl Bryan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Heidi Chen $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $850,000 0.0% $301 / Sq Ft
10/09/2020 10/09/20 For Sale $849,900 -- $301 / 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 $9,930 $920,066 $716,295 $203,771
2024 $9,930 $902,026 $702,250 $199,776
2023 $9,713 $884,340 $688,481 $195,859
2022 $9,527 $867,000 $674,981 $192,019
2021 $9,259 $850,000 $661,746 $188,254
2020 $5,750 $521,494 $332,841 $188,653
2019 $5,677 $511,269 $326,315 $184,954
2018 $5,589 $501,245 $319,917 $181,328
2017 $5,357 $491,417 $313,644 $177,773
2016 $5,253 $481,782 $307,494 $174,288
2015 $5,175 $474,546 $302,875 $171,671
2014 $5,063 $465,251 $296,942 $168,309
Source: Public Records

Agents Affiliated with this Home

  • Deborah Walz

    Seller's Agent in 2020

    Deborah Walz

    Hallmark West Real Estate

    (949) 230-7312

    28 Total Sales

    Deborah Walz
    Section Image
  • Alexandra Lee

    Buyer's Agent in 2020

    Alexandra Lee

    Nakoma Realty Company

    (714) 514-1766

    11 in this area

    26 Total Sales

    Alexandra Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20212474

California Regional Multiple Listing Service (CRMLS)

APN: 386-215-05

California Orange County Orange 92867

1240 E Madison Ave, Orange, CA

Not Listed for Sale

Detached

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