NOT LISTED FOR SALE

4321 Marion Ave Cypress, CA 90630

Estimated Value: $1,125,000 - $1,295,000

5 Beds
2.5 Baths
2,190 Sq Ft
$565/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $885,000 $404 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,625/month

19 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Neighborhood Views
  • Los Alamitos Elementary School Rated A
  • No HOA
  • Home Office

About This Home

As of March 2021

You read it right, $824k… KOBE! Don’t miss out on this slam dunk of a deal. This Lake Park home boasts 2,200 square feet of living space, 5 bedrooms, 3 baths, and sits on a 6,000 square foot lot. House is in need of some TLC and is the perfect canvas to design your dream home. The first level features a large living room, separate family room with fire place and access to an additional room/office, formal dining room, guest bathroom/powder room, and peninsula styled kitchen. Second level features five bedrooms, full guest/hallway bathroom, multiple linen/storage space, and true master bedroom. Additionally, the home offers a large two car garage with built-in storage and an entertainers back yard. Located minutes from top rated schools, parks, strip malls, and all major freeways.

Last Agent to Sell the Property

Kenneth Lugo

Lugo Brothers RE License #01895618 Listed on: 02/10/2021

Co-Listed By

Bryant Lugo

Lugo Brothers RE License #01895617

Last Buyer's Agent

Helen Lee

Coldwell Banker Tri-Counties R License #01932870

Coldwell Banker Tri-Counties R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,589

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Fixer Upper

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 4046
  • Assessor Parcel Number 24232330

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,589

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Lake Park
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24232330
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2190.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 404.11
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Office
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Disposal, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Lawn, Walkstreet, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.06
  • Tax Lot: 108
  • Tax Tract Number: 4046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 4, 2021
Sold by
Mckenzie Jon and Regina L Burke 2014 Trust
Bought by
Chen Peng and Zhou Xiaoyu
Seller's Agent
Kenneth Lugo
Lugo Brothers RE
Buyer's Agent
Helen Lee
Coldwell Banker Tri-Counties R
List Price
$824,000
Sold Price
$885,000
Premium/Discount to List
$61,000
7.4%
Current Estimated Value
$1,237,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,658
Avg. Annual Appreciation
6.53%
Original Mortgage
$708,000
Outstanding Balance
$637,165
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$531,787

Purchase Details

Closed on
Dec 18, 2014
Sold by
Burke Regina L and Burke Regina Lee
Bought by
Burke Regina L and Regina L Burke 2014 Trust

Purchase Details

Closed on
Jun 27, 2011
Sold by
Burke John Michael
Bought by
Burke Regina Lee

Purchase Details

Closed on
Jun 24, 2011
Sold by
Burke Regina Lee
Bought by
Burke Regina Lee

Purchase Details

Closed on
Jul 23, 1993
Sold by
Turner Bobby E and Turner Lesta K
Bought by
Burke John Michael and Burke Regina Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
3.75%
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
Chen Peng $885,000 Lawyers Title Company
Burke Regina L -- None Available
Burke Regina Lee -- Lsi
Burke Regina Lee -- Lsi
Burke John Michael $212,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Peng $708,000
Previous Owner Burke John Michael $200,000
Previous Owner Burke John Michael $190,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $885,000 +7.4% $404 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $824,000 -6.9% $376 / Sq Ft
02/15/2021 02/15/21 Off Market $885,000 -- --
02/10/2021 02/10/21 For Sale $824,000 -- $376 / 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 $10,589 $957,952 $854,634 $103,318
2024 $10,589 $939,169 $837,876 $101,293
2023 $10,352 $920,754 $821,447 $99,307
2022 $10,238 $902,700 $805,340 $97,360
2021 $4,027 $332,881 $223,960 $108,921
2020 $4,011 $329,468 $221,663 $107,805
2019 $3,902 $323,008 $217,316 $105,692
2018 $3,850 $316,675 $213,055 $103,620
2017 $3,720 $310,466 $208,877 $101,589
2016 $3,689 $304,379 $204,781 $99,598
2015 $3,662 $299,807 $201,705 $98,102
2014 $3,471 $293,935 $197,754 $96,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21024201

California Regional Multiple Listing Service (CRMLS)

APN: 242-323-30