NOT LISTED FOR SALE

1850 N Shaffer St Orange, CA 92865

Estimated Value: $1,177,907 - $1,247,000

3 Beds
3 Baths
1,742 Sq Ft
$691/Sq Ft Est. Value

Last Sold March 22, 2025

Last sale price $1,195,000 $686 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,860/month

About This Home

LOT SIZE w/ Multifamily property use potential! This property offers the savvy buyer an incredible canvas to create a mouth watering return on investment. Nestled in the heart of Orange, CA, this lovingly maintained, original 3-bedroom 2-bathroom floor plan has been expanded to add an additional bathroom and 3 versatile bonus rooms, with their own private access, in the converted garage space. The grounds of the property are equally impressive, featuring well-manicured landscaping with two beautiful, healthy trees flanking the entrance to the home. The massive backyard area has a connected deck and three more structures for storage. With a lot this size, adding a JDU and ADU seems like a simple, no-brainer, day one equity builder. More sophisticated investors may be interested in researching subdividing the lot or building a more dense multifamily residential structure. Near Chapman University, centrally located, this property has easy access to the 55, 57, 91, and 22 freeways making travel and commuting a breeze.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Feb 21, 2025
Sold by
Lai Phan Tu
Bought by
Sorensen Jesse Walden and Lamas Michelle Lynn
Seller's Agent
Thomas Donlyuk
Coldwell Banker Platinum Prop
Buyer's Agent
Theresa Hart
T.N.G. Real Estate Consultants
List Price
$1,300,000
Sold Price
$1,195,000
Premium/Discount to List
-$105,000
-8.08%
Views
149
Current Estimated Value
$1,203,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,969
Avg. Annual Appreciation
0.76%
Original Mortgage
$717,000
Outstanding Balance
$712,723
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$491,246

Purchase Details

Closed on
Jul 12, 2011
Sold by
The Klein Family Living Trust
Bought by
Lai Phan Tu

Purchase Details

Closed on
Nov 15, 2006
Sold by
Shaw Evelyn R
Bought by
Klein Timothy Dean and Klein Evelyn Shaw
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Sorensen Jesse Walden $1,195,000 Lawyers Title Company
Lai Phan Tu $450,000 Fidelity National Title
Klein Timothy Dean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Jesse Walden $717,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2025 03/22/25 Sold $1,195,000 -8.1% $686 / Sq Ft View Prior Sale
01/14/2025 01/14/25 For Sale $1,300,000 0.0% $746 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
12/16/2024 12/16/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $1,300,000 -13.3% $746 / Sq Ft
07/26/2024 07/26/24 For Sale $1,500,000 -- $861 / Sq Ft

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 $6,319 $565,219 $454,549 $110,670
2024 $6,319 $554,137 $445,637 $108,500
2023 $6,178 $543,272 $436,899 $106,373
2022 $6,058 $532,620 $428,332 $104,288
2021 $5,891 $522,177 $419,933 $102,244
2020 $5,836 $516,823 $415,627 $101,196
2019 $5,764 $506,690 $407,478 $99,212
2018 $5,677 $496,755 $399,488 $97,267
2017 $5,445 $487,015 $391,655 $95,360
2016 $5,341 $477,466 $383,975 $93,491
2015 $5,263 $470,295 $378,208 $92,087
2014 $5,151 $461,083 $370,799 $90,284
Source: Public Records

Agents Affiliated with this Home

  • Thomas Donlyuk

    Seller's Agent in 2025

    Thomas Donlyuk

    Coldwell Banker Platinum Prop

    (949) 552-0505

    2 in this area

    9 Total Sales

    Thomas Donlyuk
    Section Image
  • Brian Donlyuk

    Seller Co-Listing Agent in 2025

    Brian Donlyuk

    Coldwell Banker Platinum Prop

    (949) 502-0278

    2 in this area

    20 Total Sales

    Brian Donlyuk
    Section Image
  • Theresa Hart

    Buyer's Agent in 2025

    Theresa Hart

    T.N.G. Real Estate Consultants

    (714) 990-1111

    1 in this area

    52 Total Sales

    Theresa Hart
    Section Image

  • R

    Buyer Co-Listing Agent in 2025

    Rhonda White

    T.N.G. Real Estate Consultants

    (714) 974-4900

    1 in this area

    52 Total Sales

    Rhonda White
    Section Image
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Map

California Orange County Orange 92865

1850 N Shaffer St, Orange, CA

Not Listed for Sale

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