12501 Janet Ln Garden Grove, CA 92840
Estimated Value: $1,025,000 - $1,297,000
5
Beds
4
Baths
1,900
Sq Ft
$634/Sq Ft
Est. Value
Highlights
- New Construction
- Updated Kitchen
- Contemporary Architecture
- Izaak Walton Intermediate School Rated A-
- Open Floorplan
- No HOA
About This Home
As of January 2023HUGE PRICE REDUCTION! 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 $595,000. First unit is brand new construction, approximately 750 SF, built in 2022, features 2BED/2BATH. 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, 2-car Attached Garage. Second unit is a 2BED/2BATH, 1150 sqft. House recently renovated with all upgrades, 2-car Attached garage. Current rent is $3,200/monthly. Market rent is $3,300/monthly. New built market rent is $2,800/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: 10/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,833
Year Built
- Built in 2022 | New Construction
Lot Details
- 6,720 Sq Ft Lot
- Vinyl Fence
- Block Wall Fence
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Turnkey
- Shingle Roof
Interior Spaces
- 1,900 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
- 5 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 55
- Tax Tract Number 2189
- Assessor Parcel Number 23137329
- $405 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2024
Sold by
Hsi-Hui Family Trust and Lee Hsi-Hui
Bought by
Tk888 Llc
Total Days on Market
73
Current Estimated Value
Purchase Details
Listed on
Oct 18, 2022
Closed on
Jan 11, 2023
Sold by
Nri Portfolios Llc
Bought by
Hsi-Hui Lee Family Trust
Seller's Agent
Vinh Pham
NRI Group
Buyer's Agent
nancy pham
Innovate Realty, Inc.
List Price
$1,190,000
Sold Price
$1,090,000
Premium/Discount to List
-$100,000
-8.4%
Views
115
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$700,000
Interest Rate
5.88%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 14, 2021
Closed on
Sep 7, 2021
Sold by
Lovelace Jerry
Bought by
Lovelace Barbara Eileen
Seller's Agent
Kathleen Ladd
RE/MAX College Park Realty
Buyer's Agent
Vinh Pham
NRI Group
List Price
$699,000
Sold Price
$721,000
Premium/Discount to List
$22,000
3.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.92%
Original Mortgage
$825,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 14, 2021
Closed on
Sep 5, 2021
Sold by
Lovelnce Barbara Eileen
Bought by
Nri Portfolios Llc
Seller's Agent
Kathleen Ladd
RE/MAX College Park Realty
Buyer's Agent
Vinh Pham
NRI Group
List Price
$699,000
Sold Price
$721,000
Premium/Discount to List
$22,000
3.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 11, 2021
Sold by
Kerns Barbara Ann
Bought by
County Of Orange
Purchase Details
Closed on
Jan 20, 2021
Sold by
Lovelace Barbara Eileen and Barabra Ann Kerns Revocable Tr
Bought by
Lovelace Barbara Eileen
Purchase Details
Closed on
Jun 7, 2019
Sold by
Kerns Barbara Ann
Bought by
Kerns Barbara Ann and Barbara Ann Kerns Revocable Trust
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tk888 Llc | -- | None Listed On Document | |
| Hsi-Hui Lee Family Trust | $1,090,000 | Wfg National Title | |
| Lovelace Barbara Eileen | -- | Wfg National Title | |
| Nri Portfolios Llc | $721,000 | Wfg National Title | |
| County Of Orange | -- | -- | |
| Lovelace Barbara Eileen | -- | None Available | |
| Kerns Barbara Ann | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hsi-Hui Lee Family Trust | $700,000 | |
| Previous Owner | Nri Portfolios Llc | $825,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $1,090,000 | -4.4% | $574 / Sq Ft |
| 12/10/2022 12/10/22 | Price Changed | $1,140,000 | -4.2% | $600 / Sq Ft |
| 10/18/2022 10/18/22 | For Sale | $1,190,000 | 0.0% | $626 / Sq Ft |
| 05/13/2022 05/13/22 | Rented | $3,200 | 0.0% | -- |
| 05/11/2022 05/11/22 | Off Market | $3,200 | -- | -- |
| 05/05/2022 05/05/22 | Price Changed | $3,200 | +3.2% | $3 / Sq Ft |
| 04/29/2022 04/29/22 | For Rent | $3,100 | 0.0% | -- |
| 04/27/2022 04/27/22 | Off Market | $3,100 | -- | -- |
| 04/18/2022 04/18/22 | For Rent | $3,100 | +3.3% | -- |
| 11/16/2021 11/16/21 | Rented | $3,000 | 0.0% | -- |
| 10/25/2021 10/25/21 | For Rent | $3,000 | 0.0% | -- |
| 09/11/2021 09/11/21 | Sold | $721,000 | +3.1% | $628 / Sq Ft |
| 08/19/2021 08/19/21 | Pending | -- | -- | -- |
| 08/14/2021 08/14/21 | For Sale | $699,000 | -- | $608 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,833 | $1,111,800 | $909,663 | $202,137 |
| 2023 | $10,662 | $845,574 | $679,159 | $166,415 |
| 2022 | $9,137 | $721,000 | $665,842 | $55,158 |
| 2021 | $1,088 | $590,000 | $536,027 | $53,973 |
| 2020 | $992 | $57,794 | $22,863 | $34,931 |
| 2019 | $982 | $56,661 | $22,414 | $34,247 |
| 2018 | $961 | $55,550 | $21,974 | $33,576 |
| 2017 | $948 | $54,461 | $21,543 | $32,918 |
| 2016 | $912 | $53,394 | $21,121 | $32,273 |
| 2015 | $898 | $52,592 | $20,803 | $31,789 |
| 2014 | $877 | $51,562 | $20,395 | $31,167 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2023
Vinh Pham
NRI Group
(657) 233-5233
33 in this area
105 Total Sales
-
nancy pham
n
Buyer's Agent in 2023
nancy pham
Innovate Realty, Inc.
(949) 436-1781
2 in this area
39 Total Sales
-
Kathleen Ladd
Seller's Agent in 2021
Kathleen Ladd
RE/MAX
(714) 328-6342
5 in this area
144 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22224624
APN: 231-373-29
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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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