NOT LISTED FOR SALE

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
$1,261,825

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
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

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 $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

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