NOT LISTED FOR SALE

12882 Lorna St Garden Grove, CA 92841

Koreatown Neighborhood

Estimated Value: $1,091,000 - $1,393,913

5 Beds
4 Baths
1,800 Sq Ft
$715/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $1,225,000 $681 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,258/month

9 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Main Floor Bedroom
  • Stanford Elementary School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of January 2022

TWO single family homes located on one huge lot in the heart of Garden Grove. Both units have their own yards, separate utilities meters. Fully remodeled from top to bottom. Wood flooring, brand new kitchen & appliances. Brand new A/C & heater. First unit is 2 bedrooms/2baths, spacious rooms with laundry hookup. Current rent is $2,350, market rent is $2,500. Second unit is 3 bedrooms/ 2 baths, approximately 1000SF for living space. Current rent is $2,900, market rent is $3,000. Total rental income monthly is $5,250 and market is $5,500. Tenant is responsible for their own utilities. Low maintenance property. Located near all amenities.

Last Agent to Sell the Property

Vinh Pham

NRI Group License #02054997 Listed on: 12/29/2021

Last Buyer's Agent

Philip DeMatteo

First Team Real Estate License #01384378

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,561

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Duplex
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Raised Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 807
  • Assessor Parcel Number 13346216
  • $702 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,561

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 13346216
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 680.56
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Bathtub, Quartz Counters
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 881.07
  • Tax Lot: 5
  • Tax Tract Number: 807
  • TaxOtherAnnualAssessmentAmount: 702.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Jan 25, 2022
Sold by
Thomas Brian K and Thomas Premsiri
Bought by
Sirbri Investment Llc
Seller's Agent
Vinh Pham
NRI Group
Buyer's Agent
Philip DeMatteo
First Team Real Estate
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Current Estimated Value
$1,287,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,478
Original Mortgage
$918,750
Outstanding Balance
$854,741
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2021
Closed on
Jan 11, 2022
Sold by
Nri Portfolios Llc
Bought by
Thomas Brian K and Thomas Premsiri
Seller's Agent
Vinh Pham
NRI Group
Buyer's Agent
Philip DeMatteo
First Team Real Estate
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$854,741
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2021
Closed on
Sep 20, 2021
Sold by
Bingham Jessica and Estate Of Billy Wayne Flippen
Bought by
Nri Portfolios Llc
Seller's Agent
Matthew George
Matthew D. George, Broker
Buyer's Agent
Vinh Pham
NRI Group
List Price
$550,000
Sold Price
$803,000
Premium/Discount to List
$253,000
46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
329.03%
Original Mortgage
$848,750
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sirbri Investment Llc -- Accommodation/Courtesy Recordi
Thomas Brian K $1,225,000 Provident Title
Nri Portfolios Llc $803,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Brian K $918,750
Previous Owner Nri Portfolios Llc $848,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $1,225,000 +2.1% $681 / Sq Ft
12/29/2021 12/29/21 For Sale $1,200,000 +49.4% $667 / Sq Ft
10/15/2021 10/15/21 Sold $803,000 +7.1% $487 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $750,000 +36.4% $455 / Sq Ft
09/08/2021 09/08/21 For Sale $550,000 -- $334 / 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 $15,561 $1,299,979 $1,061,208 $238,771
2024 $15,561 $1,274,490 $1,040,400 $234,090
2023 $15,280 $1,249,500 $1,020,000 $229,500
2022 $9,989 $803,000 $721,932 $81,068
2021 $1,403 $65,914 $20,419 $45,495
2020 $1,209 $65,239 $20,210 $45,029
2019 $1,193 $63,960 $19,813 $44,147
2018 $1,172 $62,706 $19,424 $43,282
2017 $1,155 $61,477 $19,043 $42,434
2016 $1,114 $60,272 $18,670 $41,602
2015 $1,096 $59,367 $18,389 $40,978
2014 $1,071 $58,205 $18,029 $40,176
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Vinh Pham

    NRI Group

    Section Image
  • Philip DeMatteo

    Buyer's Agent in 2022

    Philip DeMatteo

    First Team Real Estate

    (562) 506-1586

    1 in this area

    270 Total Sales

    Philip DeMatteo
    Section Image
  • Matthew George

    Seller's Agent in 2021

    Matthew George

    Matthew D. George, Broker

    (949) 322-7467

    1 in this area

    88 Total Sales

    Matthew George
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21269511

California Regional Multiple Listing Service (CRMLS)

APN: 133-462-16

California Orange County Garden Grove 92841 Koreatown

12882 Lorna St, Garden Grove, CA

This home is located at 12882 Lorna St, Garden Grove, CA 92841 since 29 December 2021 and is currently estimated at $1,287,478, approximately $715 per square foot. This property was built in 1953. 12882 Lorna St is a home located in Orange County with nearby schools including Stanford Elementary School, Alamitos Intermediate School, and Rancho Alamitos 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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