NOT LISTED FOR SALE

2005 E Palm Ave Orange, CA 92867

Estimated Value: $1,255,000 - $1,587,000

4 Beds
2.5 Baths
2,260 Sq Ft
$614/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $640,000 $283 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,070/month

49 Days on Market

Highlights

  • Above Ground Pool
  • Contemporary Architecture
  • No HOA
  • Open Floorplan
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of April 2014

Gorgeous renovated semi custom home ready for move in. Every room in the home was meticulously up graded based on the latest decorative design of materials, including but not limited to wall-ceiling colors, plumbing fixtures, granite counter tops, new cabinets, new appliances, new flooring, lighting fixtures, beautiful stain grade wood fireplace mantle, and new bathroom vanities. Three car garage with rear boat door, new sod and landscaping, covered patio with separate pool area.

Last Agent to Sell the Property

Richard Rule

Rule, Richard License #00312873 Listed on: 01/13/2014

Last Buyer's Agent

Lesley Citarella

Redfin License #01298947

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,525

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Southeast Facing Home
  • Block Wall Fence
  • Property is zoned r1

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Casement Windows
  • Window Screens
  • Panel Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more

Pool

  • Above Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Portola Middle School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6168
  • Assessor Parcel Number 38602514

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,525

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: (714) 829-8999
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • Subdivision Name Other: Classic Homes (CLSH)
  • View: Yes
  • Zoning: r1
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 38602514
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2260.00
  • Interior Amenities: Built-in Features, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors
  • Eating Area: Breakfast Nook, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 283.19
  • Room Type: Entry, Family Room, Living Room, Master Bedroom, Main Floor Bedroom
  • Window Features: Casement Windows, Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Builder Name: unknown
  • Patio And Porch Features: Covered, Concrete, Tile
  • Pool Features: Above Ground, Fenced, Gunite, Private
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Water Heater, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Orange Unified
  • Middle School: Portola
  • Middle Or Junior School: Portola

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 6168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Apr 1, 2014
Sold by
Vanek Inc
Bought by
Stoutzenberger Kenneth E and Tiet Tony C
Seller's Agent
Richard Rule
Rule, Richard
Buyer's Agent
Lesley Citarella
Redfin
List Price
$679,900
Sold Price
$640,000
Premium/Discount to List
-$39,900
-5.87%
Current Estimated Value
$1,388,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,192
Avg. Annual Appreciation
6.95%
Original Mortgage
$576,000
Outstanding Balance
$437,207
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$950,985

Purchase Details

Closed on
Sep 24, 2013
Sold by
Thomas William and Cecchi Luca
Bought by
Vanek Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 26, 2013
Sold by
Velazquez Mary Lou
Bought by
Thomas William and Cecchi Luca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 23, 2009
Sold by
Velazquez Leonard
Bought by
Velazquez Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2009
Sold by
Thomas William
Bought by
Velazquez Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2009
Sold by
Cearley Stephen and Cearly Kristy
Bought by
Thomas William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 2006
Sold by
Thomas William G
Bought by
Cearley Stephen and Cearley Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,950
Interest Rate
6.76%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Stoutzenberger Kenneth E $640,000 First American Title Company
Vanek Inc $475,000 First American Title Company
Thomas William $664,759 None Available
Velazquez Mary Lou -- First American Title Company
Velazquez Mary Lou $600,000 First American Title Company
Thomas William $740,832 First American Title Company
Cearley Stephen $770,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoutzenberger Kenneth E $576,000
Previous Owner Vanek Inc $356,250
Previous Owner Velazquez Mary Lou $600,000
Previous Owner Cearley Stephen $729,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2014 04/07/14 Sold $640,000 -5.9% $283 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $679,900 -- $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 $8,525 $784,547 $602,245 $182,302
2024 $8,525 $769,164 $590,436 $178,728
2023 $8,338 $754,083 $578,859 $175,224
2022 $8,177 $739,298 $567,509 $171,789
2021 $7,948 $724,802 $556,381 $168,421
2020 $7,875 $717,371 $550,676 $166,695
2019 $7,775 $703,305 $539,878 $163,427
2018 $7,657 $689,515 $529,292 $160,223
2017 $7,337 $675,996 $518,914 $157,082
2016 $7,195 $662,742 $508,740 $154,002
2015 $7,091 $652,787 $501,098 $151,689
2014 $6,011 $550,000 $407,445 $142,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14009169

California Regional Multiple Listing Service (CRMLS)

APN: 386-025-14