NOT LISTED FOR SALE

483 E Grove Ave Orange, CA 92865

Estimated Value: $1,210,000 - $1,341,000

6 Beds
3 Baths
2,400 Sq Ft
$536/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,100,000 $458 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,056/month

16 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Heating and Cooling System
  • Fletcher Mandarin Language & Gate Academy Rated A-
  • Laundry Room
  • 2-minute walk to Shaffer Park

About This Home

As of March 2023

2 Houses in one lot. Great for rental investment or to live in one and rent the other. Both units have 3 bedrooms, 1 bathroom, living room area, its kitchen, and a shared utility room in rear of garage. Both units are currently tenant occupied and in compliance. Buyer to purchase with current tenants. Drive by only and make offer subject to interior inspection.

Last Agent to Sell the Property

Belem Baca

HOME LIBERTY License #01459177 Listed on: 01/18/2023

Last Buyer's Agent

Shauna Drumm

Seven Gables Real Estate License #01454094

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,917

Year Built

  • Built in 1966

Lot Details

  • 10,324 Sq Ft Lot
  • Private Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 260
  • Assessor Parcel Number 37443116
  • $506 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,917

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 549950
  • Property Attached: No
  • Subdivision Name Other: /
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 37443116
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 458.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • 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: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 10324.00
  • Lot Size Acres: 0.2370

Multi Family

  • Insurance Expense: 1088.00
  • Lot Size Area: 10324.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2.00

Tax Info

  • Tax Census Tract: 762.08
  • Tax Lot: 16
  • Tax Tract Number: 260
  • Tax Annual Amount: 8917.10
  • TaxOtherAnnualAssessmentAmount: 506.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Jan 26, 2023
Sold by
Home Expo Financial Inc
Bought by
Olivares Ivan and Olivares Marvely Leslie
Seller's Agent
Belem Baca
HOME LIBERTY
Buyer's Agent
Shauna Drumm
Seven Gables Real Estate
List Price
$1,099,900
Sold Price
$1,100,000
Premium/Discount to List
$100
0.009%
Views
125
Current Estimated Value
$1,287,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,253
Avg. Annual Appreciation
5.46%
Original Mortgage
$825,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2019
Sold by
Nulevel Partners Inc
Bought by
Home Expo Financial Inc

Purchase Details

Closed on
Aug 22, 2018
Sold by
Welch Lisa
Bought by
Grove Trust

Purchase Details

Closed on
Sep 10, 2010
Sold by
Orozco Eva
Bought by
Ochoa Miguel A

Purchase Details

Closed on
Jul 10, 2007
Sold by
Orozco Jose Jesus
Bought by
Orozco Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Karoub Mark N
Bought by
Orozco Eva and Ochoa Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2007
Sold by
Karoub Mark N
Bought by
Karoub Mark N
Source: Public Records

Range of Values:

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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
Olivares Ivan $1,100,000 Chicago Title
Home Expo Financial Inc $1,000 Chicago Title Company
Nulevel Partners Inc -- Chicago Title Company
Grove Trust $299,432 None Available
Ochoa Miguel A -- None Available
Orozco Eva -- Lawyers Title
Orozco Eva $727,000 Lawyers Title
Karoub Mark N -- Lawyers Title
Karoub Mark N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivares Ivan $825,000
Previous Owner Orozco Eva $581,600
Previous Owner Karoub Mark N $250,000
Previous Owner Karoub Hassen $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $1,100,000 0.0% $458 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $1,099,900 +900.8% $458 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $109,900 -- $46 / 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 $12,664 $1,294,504 $989,418 $305,086
2024 $12,664 $1,122,000 $970,018 $151,982
2023 $9,093 $812,104 $658,586 $153,518
2022 $8,917 $796,181 $645,673 $150,508
2021 $8,669 $780,570 $633,013 $147,557
2020 $8,589 $772,567 $626,523 $146,044
2019 $8,482 $757,419 $614,238 $143,181
2018 $8,510 $757,419 $614,238 $143,181
2017 $8,158 $742,568 $602,194 $140,374
2016 $8,000 $728,008 $590,386 $137,622
2015 $7,397 $670,000 $542,869 $127,131
2014 $7,376 $670,000 $542,869 $127,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23009466

California Regional Multiple Listing Service (CRMLS)

APN: 374-431-16