NOT LISTED FOR SALE

Estimated Value: $831,278 - $879,000

2 Beds
1.5 Baths
1,098 Sq Ft
501 Sq Ft Lot

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System
  • Meadow Park School Rated A
  • 2 Detached Carport Spaces
  • 3-minute walk to Springacre Park

About This Home

As of August 2020

Newly painted! Bright and cozy sweet home with 2 bedrooms and 1.5 baths. The entry floor has a generous open floor plan with a fireplace. Close to
I-405, UCI, and schools. Walking distance to South Lake.

Last Agent to Rent the Property

Lishia Wang

Pacific Sterling Realty License #01346210 Listed on: 07/18/2020

Last Renter's Agent

Lishia Wang

Pacific Sterling Realty License #01346210 Listed on: 07/18/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 501

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available

Schools

  • Meadow Park Elementary School
  • South Lake Middle School
  • Woodbridge High School

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,300
  • 12-Month Minimum Lease Term
  • Available 7/18/20
  • Tax Lot 4
  • Tax Tract Number 10341
  • Assessor Parcel Number 93854130

Community Details

Overview

  • Property has a Home Owners Association
  • 100 Units
  • Somerset Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Available Date: 2020-07-18
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 2300
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Somerset (ST)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93854130
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1098.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.05
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Meadow Park
  • High School: Woodbridge
  • Middle Or Junior School: South Lake
  • Elementary School #2: MEAPAR
  • High School2: WOODBR

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 500.00
  • Lot Size Acres: 0.0115

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 500.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 525.20
  • Tax Lot: 4
  • Tax Tract Number: 10341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2013
Sold by
Miao Hui and Gong Xing
Bought by
Miao Hui and Gong Xing
Current Estimated Value
$858,570

Purchase Details

Closed on
Feb 15, 2010
Sold by
Pham Tuan Duc
Bought by
Miao Hui and Gong Xing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$161,335
Interest Rate
4.93%
Mortgage Type
New Conventional
Estimated Equity
$697,235

Purchase Details

Closed on
May 8, 2002
Sold by
Bennet Ken and Bennet De Ann P
Bought by
Pham Tuan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.74%

Purchase Details

Closed on
May 28, 1997
Sold by
Chew Dwight and Chew Patricia
Bought by
Bell Allen and Bell Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Allen Bell and Allen Janis
Bought by
Bennet Ken and Bennet Deann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miao Hui -- None Available
Miao Hui $335,000 Pacific Coast Title Company
Miao Hui $335,000 Pacific Coast Title Company
Pham Tuan Duc $250,000 Commerce Title
Bell Allen -- --
Bennet Ken $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miao Hui $245,000
Closed Miao Hui $245,000
Previous Owner Pham Tuan Duc $200,000
Previous Owner Bennet Ken $130,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Rented $2,250 -2.2% --
07/18/2020 07/18/20 For Rent $2,300 +21.1% --
06/10/2013 06/10/13 Rented $1,900 +2.7% --
05/11/2013 05/11/13 Under Contract -- -- --
05/09/2013 05/09/13 For Rent $1,850 -- --
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 $4,670 $432,416 $347,278 $85,138
2024 $4,670 $423,938 $340,469 $83,469
2023 $4,549 $415,626 $333,793 $81,833
2022 $4,459 $407,477 $327,248 $80,229
2021 $4,356 $399,488 $320,832 $78,656
2020 $4,332 $395,392 $317,542 $77,850
2019 $4,236 $387,640 $311,316 $76,324
2018 $4,161 $380,040 $305,212 $74,828
2017 $4,075 $372,589 $299,228 $73,361
2016 $3,899 $365,284 $293,361 $71,923
2015 $3,788 $359,798 $288,955 $70,843
2014 $3,715 $352,751 $283,295 $69,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20139810

California Regional Multiple Listing Service (CRMLS)

APN: 938-541-30