4950 Somerset St Buena Park, CA 90621
Estimated Value: $1,240,000 - $1,273,301
3
Beds
2
Baths
1,932
Sq Ft
$653/Sq Ft
Est. Value
About This Home
This home is located at 4950 Somerset St, Buena Park, CA 90621 and is currently estimated at $1,261,825, approximately $653 per square foot. 4950 Somerset St is a home located in Orange County with nearby schools including Gordon H. Beatty Elementary School, Buena Park Junior High School, and Sunny Hills High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2024
Sold by
Belen Rafael Javier and Belen Maria Lenette
Bought by
Belen Rafael Javier and Belen Maria Lenette
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
$626,500
Outstanding Balance
$616,196
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$645,629
Purchase Details
Closed on
Aug 9, 2006
Sold by
Loreto Victor P
Bought by
Belen Rafael and Belen Lenette L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 12, 2006
Sold by
Belen Rafael J and Belen Lenette L
Bought by
Loreto Victor P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 11, 2005
Sold by
Loreto Victor P
Bought by
Belen Rafael J and Belen Lenette L
Purchase Details
Closed on
Aug 18, 2004
Sold by
Belen Rafael T
Bought by
Loreto Victor P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 22, 2004
Sold by
Loreto Victor P
Bought by
Loreto Victor P and Belen Rafael T
Purchase Details
Closed on
Nov 13, 2003
Sold by
Belen Rafael and Belen Lenette L
Bought by
Loreto Victor P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2003
Sold by
Yang Chul Kwan
Bought by
Belen Rafael and Belen Lenette L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,800
Interest Rate
6.25%
Purchase Details
Closed on
Nov 8, 1999
Sold by
Hier Stanley N
Bought by
Yang Chul Kwan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.96%
Mortgage Type
Stand Alone First
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belen Rafael Javier | -- | Vylla Title | |
| Belen Rafael | $630,000 | California Title Company | |
| Loreto Victor P | -- | Accommodation | |
| Belen Rafael J | -- | -- | |
| Loreto Victor P | -- | California Title | |
| Loreto Victor P | -- | -- | |
| Loreto Victor P | $500,000 | Fidelity National Title | |
| Belen Rafael | $403,500 | American Title Co | |
| Yang Chul Kwan | $275,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belen Rafael Javier | $626,500 | |
| Previous Owner | Belen Rafael | $441,000 | |
| Previous Owner | Loreto Victor P | $100,000 | |
| Previous Owner | Loreto Victor P | $350,000 | |
| Previous Owner | Belen Rafael | $322,800 | |
| Previous Owner | Yang Chul Kwan | $220,000 | |
| Closed | Yang Chul Kwan | $27,500 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $11,749 | $1,071,826 | $931,116 | $140,710 |
| 2024 | $11,749 | $1,050,810 | $912,859 | $137,951 |
| 2023 | $9,121 | $808,639 | $697,178 | $111,461 |
| 2022 | $8,979 | $792,784 | $683,508 | $109,276 |
| 2021 | $8,915 | $777,240 | $670,106 | $107,134 |
| 2020 | $8,893 | $777,240 | $670,106 | $107,134 |
| 2019 | $8,674 | $762,000 | $656,966 | $105,034 |
| 2018 | $8,669 | $762,000 | $656,966 | $105,034 |
| 2017 | $7,888 | $687,000 | $581,966 | $105,034 |
| 2016 | $7,877 | $687,000 | $581,966 | $105,034 |
| 2015 | $7,013 | $628,000 | $522,966 | $105,034 |
| 2014 | $6,591 | $578,476 | $473,442 | $105,034 |
Source: Public Records
Map
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