Seller's Agent in 2026
Joel Kott
Kott & Company, Inc.
(714) 772-7000
15 in this area
58 Total Sales
501 S Parker St Orange, CA 92868
5
Beds
3.5
Baths
2,889
Sq Ft
0.5
Acres
Highlights
- Parking available for a boat
- In Ground Pool
- Primary Bedroom Suite
- Detached Guest House
- Second Garage
- Updated Kitchen
About This Home
As of February 2026Step into history and timeless artistry with this extraordinary one of a kind property. The 1909-built Craftsman home offers 5 bedrooms and 3 bathrooms across a sprawling, one-of-a-kind estate. Every detail truly tells a story! Inside, custom wood flooring guides you through the first floor where multiple living spaces invite both comfort and connection. A warm family room with a cozy fireplace anchors the home which is highlighted by hand-milled wood vaulted ceilings featuring a striking wood beam that was carefully chosen and floated down the Mississippi River on its journey to being specifically placed. Overlooking the family room and backyard, the chef’s kitchen offers everything a modern entertainer could dream. The main floor primary suite is a true retreat. Featuring generous closets, a designer ensuite bath and a private enclosed patio with a custom outdoor patio and Jacuzzi. Finishing off downstairs, a versatile bedroom (currently used as an office) overlooking the stunning backyard, a laundry room, powder room and living room. Upstairs, you’ll find three well-sized bedrooms, a flexible common space perfect for reading or hobbies and a full bathroom with a luxurious Jacuzzi tub. Between the main residence and the former garage lies a beautifully manicured courtyard. The former approx. 420 square foot garage has been fully finished, creating the perfect bonus living area with ADU potential, an entertainment lounge or a game room. The backyard is an entertainer’s paradise, complete with a custom-built outdoor kitchen and BBQ, all centered around a sparkling saltwater pool. Beyond the pool sits a private approx. 552 square foot 1-bedroom, 1-bath casita featuring a modern kitchen, study nook, walk-in closet, laundry and its own serene garden and patio. Behind the casita, an additional structure providing the ideal setting for a private office or creative studio. Two newer garages with space for 4+ vehicles, a workshop and a massive upstairs storage area add to the property’s functionality. Surrounding it all shaded walking paths meander through lush gardens with avocado, persimmon trees, fountains and even an Australian Chestnut rivaling those found in Disneyland. Perfectly situated near Old Towne Orange, CHOC and St. Joseph’s Hospitals, shopping, dining, and freeway access, this estate is more than a home - it’s a rare masterpiece blending history, character, and modern convenience.
Home Details
Home Type
- Single Family
Year Built
- Built in 1909 | Remodeled
Lot Details
- 0.5 Acre Lot
- Corner Lot
- Level Lot
- Garden
- Back and Front Yard
Parking
- 4 Car Garage
- 8 Open Parking Spaces
- 1 Carport Space
- Second Garage
- Parking Available
- Workshop in Garage
- Driveway
- Parking available for a boat
- RV Access or Parking
Home Design
- Midcentury Modern Architecture
- Craftsman Architecture
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Slab Foundation
- Interior Block Wall
- Composition Roof
- Wood Siding
Interior Spaces
- 2,889 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Entrance Foyer
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Library
- Game Room
- Workshop
- Storage
- Basement
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Tile Countertops
- Built-In Trash or Recycling Cabinet
- Utility Sink
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Stone Bathroom Countertops
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Pool
- In Ground Pool
- Heated Spa
- Saltwater Pool
- Above Ground Spa
Outdoor Features
- Exterior Lighting
- Separate Outdoor Workshop
- Shed
- Outbuilding
- Outdoor Grill
Additional Homes
- Detached Guest House
Schools
- Fairhaven Elementary School
- Portola Middle School
- Orange High School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Phone Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 760
- Assessor Parcel Number 39055202
- $392 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2021
Sold by
Rasmussen Eric Bjon
Bought by
Eric And Yvonne Rasmussen Trust and Rasmussen
Purchase Details
Closed on
Sep 8, 2021
Sold by
Rasmussen Yvonne M and Rasmussen Family Trust
Bought by
Rasmussen Eric B and Ramussen Yvonne M
Purchase Details
Closed on
Jun 7, 2021
Sold by
Rasmussen Yvonne M and Rasmussen Family Trust
Bought by
Rasmussen Yvonne M and The Eric And Yvonne Rasmussen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2015
Sold by
Rasmussen Eric B
Bought by
Rasmussen Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 1995
Sold by
Lugo Anthony L
Bought by
Corporate Trust Real Estate Investment B
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Boston National Ttl Agcy Llc | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $450,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2026 02/17/26 | Sold | $1,500,000 | -41.8% | $519 / Sq Ft |
| 10/04/2025 10/04/25 | Price Changed | $2,577,000 | -13.4% | $892 / Sq Ft |
| 09/25/2025 09/25/25 | Price Changed | $2,975,000 | -9.0% | $1,030 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $3,270,000 | -- | $1,132 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $1,547 | $118,559 | $38,223 | $80,336 |
| 2024 | $1,547 | $116,235 | $37,474 | $78,761 |
| 2023 | $1,581 | $113,956 | $36,739 | $77,217 |
| 2022 | $1,548 | $111,722 | $36,019 | $75,703 |
| 2021 | $1,509 | $109,532 | $35,313 | $74,219 |
| 2020 | $1,495 | $108,409 | $34,951 | $73,458 |
| 2019 | $1,480 | $106,284 | $34,266 | $72,018 |
| 2018 | $1,458 | $104,200 | $33,594 | $70,606 |
| 2017 | $1,406 | $102,157 | $32,935 | $69,222 |
| 2016 | $1,381 | $100,154 | $32,289 | $67,865 |
| 2015 | $1,360 | $98,650 | $31,804 | $66,846 |
| 2014 | $1,331 | $96,718 | $31,181 | $65,537 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Kott
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25191901
APN: 390-552-02
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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