491 N Cypress St Orange, CA 92866
Estimated Value: $1,088,000 - $1,477,000
4
Beds
3
Baths
1,979
Sq Ft
$646/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Covered patio or porch
- Laundry Room
- No HOA
- Living Room
- No Interior Steps
About This Home
As of June 2017Old Towne Orange! Great investment property potential! You'd have to be sitting in a lecture hall to be any closer to the Chapman University campus! All of the luxuries of newer construction (2005) with the exterior look and feel of an historic Mediterranean Revival cottage! Spacious living in approximately 2,000 sq. ft! Formal living room with vaulted ceilings, and a large kitchen with tons of cabinets/storage space that opens to an equally large family room (with cozy gas-burning fireplace!). Huge oversized tub in the master, perfect for a long soak, and another full bath and 3/4 bath for the remaining 3 bedrooms! Interior laundry, too! Newer exterior stucco, newer wood and upgraded block fencing, fresh interior paint, and classic red clay tile roof virtually assure many years of maintenance-free living! Large 2-car garage (with finished interior with bank of storage cabinets) and long driveway for plenty of off-street parking (possible RV parking, too). Walk to the Orange Plaza and just two blocks (5 minute walk, per Google Maps) from the Chapman Film School. This beautiful home is in move-in condition, just awaiting it's new owners! List price includes stainless appliances, including range, dishwasher, refrigerator and microwave, along with washer and dryer! Call today for a showing! Agents: Check "Supplements" section for projected cap rate calculations for your investor clients. For larger photos click on the virtual tour/media link for this listing.
Last Agent to Sell the Property
Orange Realty, Inc. License #00982321 Listed on: 10/04/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,684
Year Built
- Built in 2005
Lot Details
- 5,960 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Fence is in good condition
- Front and Back Yard Sprinklers
- Back Yard
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Spanish Architecture
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 1,979 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Drapes & Rods
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Stone
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Schools
- Cambridge Elementary School
- Portola Middle School
- Orange High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- No Interior Steps
- Covered patio or porch
- Urban Location
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 289
- Assessor Parcel Number 03914202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2021
Sold by
Kumar Ravinder and Kumar Arti
Bought by
Kumar Ravinder and Kumar Arti
Total Days on Market
205
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Outstanding Balance
$436,579
Interest Rate
2.15%
Estimated Equity
$835,730
Purchase Details
Listed on
Oct 4, 2016
Closed on
Aug 25, 2017
Sold by
Kumar Ravinder and Kumar Arti
Bought by
Kumar Ravinder and Kumar Arti
Seller's Agent
Tony Trabucco
Orange Realty, Inc.
Buyer's Agent
Ajit Dudheker
Enstone Investments Inc
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Purchase Details
Listed on
Oct 4, 2016
Closed on
Aug 1, 2017
Sold by
Kapur Raj and Kapur Indira
Bought by
491 Cypress Holdings Llc
Seller's Agent
Tony Trabucco
Orange Realty, Inc.
Buyer's Agent
Ajit Dudheker
Enstone Investments Inc
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Purchase Details
Listed on
Oct 4, 2016
Closed on
Apr 28, 2017
Sold by
Milanesio Steve and Milanesio Gina
Bought by
Kumar Ravinder and Kumar Arti
Seller's Agent
Tony Trabucco
Orange Realty, Inc.
Buyer's Agent
Ajit Dudheker
Enstone Investments Inc
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2010
Sold by
Frodyma Lawrence A
Bought by
Milanesio Steve and Milanesio Gina
Purchase Details
Closed on
Jun 16, 2006
Sold by
Frodyma Lawrence A
Bought by
Frodyma Lawrence A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 18, 2006
Sold by
Frodyma Molly M
Bought by
Frodyma Lawrence A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 2006
Sold by
Love Herbert F
Bought by
Frodyma Lawrence A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2004
Sold by
Love Lawanda Carol
Bought by
Love Herbert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 20, 2004
Sold by
Progree In Renewal Inc
Bought by
Love Herbert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 8, 2004
Sold by
Poblano Antonia Valdivia
Bought by
Progress In Renewal Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kumar Ravinder | -- | Accommodation | |
| Kumar Ravinder | -- | Ticor Title | |
| Kumar Ravinder | -- | None Available | |
| 491 Cypress Holdings Llc | -- | None Available | |
| Kumar Ravinder | $780,000 | First American Title Company | |
| Milanesio Steve | $435,000 | First American Title Company | |
| Frodyma Lawrence A | -- | Lawyers Title Company | |
| Frodyma Lawrence A | -- | Ticor Title Company O C | |
| Frodyma Lawrence A | $670,000 | Ticor Title Co Fullerton | |
| Love Herbert F | -- | Fidelity National Title | |
| Love Herbert F | -- | Fidelity National Title | |
| Progress In Renewal Inc | $259,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kumar Ravinder | $542,500 | |
| Closed | Kumar Ravinder | $542,500 | |
| Previous Owner | Kumar Ravinder | $585,000 | |
| Previous Owner | Frodyma Lawrence A | $67,000 | |
| Previous Owner | Frodyma Lawrence A | $536,000 | |
| Previous Owner | Love Herbert F | $479,500 | |
| Previous Owner | Progress In Renewal Inc | $267,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2017 06/27/17 | Sold | $780,000 | -2.5% | $394 / Sq Ft |
| 04/27/2017 04/27/17 | Pending | -- | -- | -- |
| 12/06/2016 12/06/16 | Price Changed | $799,900 | -3.0% | $404 / Sq Ft |
| 11/08/2016 11/08/16 | Price Changed | $824,900 | -2.9% | $417 / Sq Ft |
| 10/19/2016 10/19/16 | Price Changed | $849,900 | -5.0% | $429 / Sq Ft |
| 10/04/2016 10/04/16 | For Sale | $895,000 | -- | $452 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,684 | $878,804 | $617,072 | $261,732 |
| 2023 | $9,472 | $861,573 | $604,973 | $256,600 |
| 2022 | $18,126 | $1,680,996 | $1,180,349 | $500,647 |
| 2021 | $9,030 | $828,118 | $581,481 | $246,637 |
| 2020 | $8,947 | $819,627 | $575,518 | $244,109 |
| 2019 | $8,833 | $803,556 | $564,233 | $239,323 |
| 2018 | $8,698 | $787,800 | $553,169 | $234,631 |
| 2017 | $5,351 | $483,811 | $235,854 | $247,957 |
| 2016 | $5,248 | $474,325 | $231,229 | $243,096 |
| 2015 | $5,171 | $467,201 | $227,756 | $239,445 |
| 2014 | $5,061 | $458,050 | $223,295 | $234,755 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Trabucco
T
Seller's Agent in 2017
Tony Trabucco
Orange Realty, Inc.
(714) 997-0050
11 in this area
32 Total Sales
-
Ajit Dudheker
A
Buyer's Agent in 2017
Ajit Dudheker
Enstone Investments Inc
(562) 916-0200
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16718188
APN: 039-142-02
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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