$1,280,000
SOLD MAY 9, 2022 RENTED SEP 26, 2024

13232 Rockinghorse Rd Garden Grove, CA 92843

6 Beds
4 Baths
2,213 Sq Ft
7,220 Sq Ft Lot

Recently Sold

$578 Per Sq Ft

16% Above List Price

82 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Double Pane Windows
  • Peters K-3 Elementary School Rated A-
  • No HOA
  • Recessed Lighting

About This Home

As of May 2022

Completely remodeled with high end materials. This open floor plan 4 bed 2 bath 1 story home has 2 attached studios both having their own separate entrances and baths. This stunning home has luxury waterproof vinyl flooring throughout, kitchen has new cabinets, quartz counter top and upgraded stainless steel appliances. All baths have been remodeled with new vanities, and plumbing fixtures. Property features 2 fireplaces, newer 5 ton A/C unit, newer garage door, and newer dual paned windows throughout. Current Tenant has another 2 years left on the lease at $6695 per month with 3% increases with a 5.495 cap rate.

Last Agent to Sell the Property

Tony Morrison

Lantern Bay Realty License #01346460 Listed on: 12/30/2021

Last Buyer's Agent

Karina Devine

DEVINE REALTY GROUP, INC. License #01929610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,326

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,220 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,213 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, HVAC maintenance, repairs, sewer, trash collection, water
  • Tax Lot 128
  • Tax Tract Number 2083
  • Assessor Parcel Number 10033202

Community Details

Overview

  • No Home Owners Association

Building Details

  • 3 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,326

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.78
  • Price Per Unit: 1200000
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 10033202
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 578.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 7220.00
  • Lot Size Acres: 0.1657

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, HVAC Maintenance, Repairs, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 80340.00
  • Gross Scheduled Income: 80340.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7220.0000 Square Feet
  • Net Operating Income: 66490.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 1
  • Operating Expense: 13850.00
  • Rent Control: No
  • Total Actual Rent: 6500.00
  • Total Expenses: 13850.00

Tax Info

  • New Taxes Expense: 12650.00
  • Tax Census Tract: 885.01
  • Tax Lot: 128
  • Tax Tract Number: 2083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 14, 2021
Sold by
Satnam Investments Llc
Bought by
Salsman Jess
Seller's Agent
Tony Morrison
Lantern Bay Realty
Buyer's Agent
Tony Morrison
Lantern Bay Realty
List Price
$950,000
Sold Price
$927,500
Premium/Discount to List
-$22,500
-2.37%
Current Estimated Value
$1,405,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,759
Avg. Annual Appreciation
8.62%
Original Mortgage
$821,500
Outstanding Balance
$744,921
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$591,717

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 15, 2019
Sold by
Nguyen Tony
Bought by
Satnam Investments Llc
Seller's Agent
Oanh Nguyen
Golden Land Homes, Inc.
Buyer's Agent
Tony Morrison
Lantern Bay Realty
List Price
$799,900
Sold Price
$770,000
Premium/Discount to List
-$29,900
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 31, 2018
Sold by
Bingley William L
Bought by
Nguyen Tony
Seller's Agent
Ken Malecki
Choice Services Group, Inc
Buyer's Agent
Ken Malecki
Choice Services Group, Inc
List Price
$739,000
Sold Price
$635,000
Premium/Discount to List
-$104,000
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.76%

Purchase Details

Closed on
Oct 23, 2008
Sold by
Bingley William L
Bought by
Bingley William L and The Anna Louise Kendall Revocable Living

Purchase Details

Closed on
May 21, 2007
Sold by
Reis Gerald and Reis Julie
Bought by
Bingley William L and Estate Of Ms Anna Louise

Purchase Details

Closed on
Apr 19, 2006
Sold by
13232 Rockinghorse Road Land Trust
Bought by
Bingley William L and The Estate Of Anna Louise Georgie Ivana

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kendall Anna Louise
Bought by
13232 Rockinghorse Road Land Trust and We Buy Houses Inc

Purchase Details

Closed on
May 7, 2003
Sold by
Kendall A L
Bought by
Kendall Anna Louise and Anna Louise Kendall Revocable Living Tr
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $927,500 Orange Coast Title Company
Grant Deed $764,500 Wfg National Title Company
Grant Deed $635,000 Wfg National Title Of Califo
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Grant Deed $300,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $821,500 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Rented $5,999 0.0% --
09/17/2024 09/17/24 Price Changed $5,999 -1.6% $3 / Sq Ft
09/11/2024 09/11/24 For Rent $6,099 0.0% --
05/09/2022 05/09/22 Sold $1,280,000 +6.7% $578 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/02/2022 02/02/22 Price Changed $1,200,000 +4.3% $542 / Sq Ft
01/11/2022 01/11/22 Price Changed $1,150,000 +4.5% $520 / Sq Ft
01/11/2022 01/11/22 For Sale $1,100,000 -14.1% $497 / Sq Ft
01/05/2022 01/05/22 Off Market $1,280,000 -- --
12/30/2021 12/30/21 For Sale $1,100,000 +18.6% $497 / Sq Ft
04/15/2021 04/15/21 Sold $927,500 -2.4% $419 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $950,000 +2.4% $429 / Sq Ft
01/25/2021 01/25/21 Off Market $927,500 -- --
01/14/2021 01/14/21 For Sale $899,000 +16.8% $406 / Sq Ft
08/17/2019 08/17/19 Sold $770,000 -3.7% $348 / Sq Ft
06/06/2019 06/06/19 For Sale $799,900 +26.0% $361 / Sq Ft
11/19/2018 11/19/18 Sold $635,000 -7.8% $287 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $689,000 -6.8% $311 / Sq Ft
07/18/2018 07/18/18 For Sale $739,000 -- $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 $16,326 $1,358,346 $1,260,811 $97,535
2024 $16,326 $1,331,712 $1,236,089 $95,623
2023 $16,039 $1,305,600 $1,211,851 $93,749
2022 $11,703 $946,050 $858,814 $87,236
2021 $9,677 $772,319 $683,082 $89,237
2020 $9,561 $764,400 $676,078 $88,322
2019 $8,200 $635,000 $549,255 $85,745
2018 $7,872 $600,000 $509,812 $90,188
2017 $7,931 $600,000 $509,812 $90,188
2016 $6,668 $517,000 $426,812 $90,188
2015 $6,434 $517,000 $426,812 $90,188
2014 $5,410 $426,000 $335,812 $90,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21270348

California Regional Multiple Listing Service (CRMLS)

APN: 100-332-02