NOT LISTED FOR SALE

502 Morse Ave Placentia, CA 92870

Estimated Value: $1,330,000 - $1,465,000

5 Beds
3 Baths
2,707 Sq Ft
$514/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $678,000 $250 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,058/month

114 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • No HOA
  • Morse Avenue Elementary School Rated A-
  • Granite Countertops
  • Double Door Entry

About This Home

As of January 2015

PRICE REDUCED! EXCELLENT VALUE! SPACIOUS (5bed/3bath), SOLID, COMFORTABLE AND CLASSIC. Truly a wonderful home w/personality plus. Well cared for over the years & just this summer underwent a complete kitchen remodel w/granite counters, stainless steel appliances (gas stove), & new wood flooring. Also this summer, two of the three bathrooms underwent some remodeling, & new window treatments were added throughout, including split plantation shutters in all bedrooms. Built when OC homes this size had yards to match.....plenty of space for living both indoors & out. Over the years, improvements have been done that include newer: wiring & electrical box, heater & a/c, copper piping & roof replacement (approx. 13 yrs ago), interior paint, carpet & wood flooring. Other desirable features of this comfortable home: gas/wood burning fireplaces in both living rm & family rm, formal dining room, walk-in pantry, outdoor utility sink near back patio, extra wide hallway upstairs, sprinklers front & back, one bedroom/bath located downstairs, LOVELY NEIGHBORHOOD in No. Central Orange County w/no HOA, no Mello Roos. Morse Elementary school directly across the street. Walking distance of shops, restaurants, P.O., banks. Easy commute to the 57 FWY.

Last Agent to Sell the Property

Vickie Covey

Sapphire Properties & Lending License #01716155 Listed on: 08/11/2014

Last Buyer's Agent

Anita Chandler

Chandler Properties License #00592163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,342

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Interior Spaces

  • 2,707 Sq Ft Home
  • Recessed Lighting
  • Awning
  • Plantation Shutters
  • French Mullion Window
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 4584
  • Assessor Parcel Number 34007102

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,342

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Palm Court (PLMC)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 34007102
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2707.00
  • Interior Amenities: Granite Counters, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 250.46
  • Room Type: Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Pantry
  • Window Features: French/Mullioned, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Gas Range, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 81
  • Tax Tract Number: 4584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
Jan 8, 2015
Sold by
Mangisi Frank
Bought by
Mangisi Frank and Mangisi Heather
Seller's Agent
Vickie Covey
Sapphire Properties & Lending
Buyer's Agent
Anita Chandler
Chandler Properties
List Price
$699,900
Sold Price
$678,000
Premium/Discount to List
-$21,900
-3.13%
Current Estimated Value
$1,390,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,679
Avg. Annual Appreciation
6.87%
Original Mortgage
$528,000
Outstanding Balance
$404,444
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$986,235

Purchase Details

Listed on
Aug 11, 2014
Closed on
Dec 5, 2014
Sold by
Solis Lydia S
Bought by
Mangisi Frank
Seller's Agent
Vickie Covey
Sapphire Properties & Lending
Buyer's Agent
Anita Chandler
Chandler Properties
List Price
$699,900
Sold Price
$678,000
Premium/Discount to List
-$21,900
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$404,444
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$986,235

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 7, 2014
Sold by
Solis Javier O and Solis Lydia S
Bought by
Solis Lydia S
Seller's Agent
Danielle Corliss
Corliss Realty Inc
Buyer's Agent
Vickie Covey
Sapphire Properties & Lending
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$350,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 14, 2014
Sold by
Sweeney Michael J
Bought by
Solis Javier O and Solis Lyndia S
Seller's Agent
Danielle Corliss
Corliss Realty Inc
Buyer's Agent
Vickie Covey
Sapphire Properties & Lending
List Price
$625,000
Sold Price
$625,000

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
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2014
Sold by
Sweeney Michael J
Bought by
Sweeney Michael J and John J & Shirley M Sweeney Revocable Liv

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
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2014
Sold by
Sweeney Michael J
Bought by
Sweeney Michael J and Sweeney 2014 Irrvocable Trust

Purchase Details

Closed on
Nov 29, 1999
Sold by
Sweeney John J and Sweeney Shirley M
Bought by
Sweeney John J and Sweeney Shirley M
Source: Public Records

Range of Values:

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Average Value
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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
Mangisi Frank -- First American Title Company
Mangisi Frank -- None Available
Mangisi Frank $678,000 First American Title Company
Solis Lydia S -- None Available
Solis Javier O $625,000 Chicago Title Company
Sweeney Michael J -- None Available
Sweeney Michael J -- None Available
Sweeney John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangisi Frank $528,000
Previous Owner Solis Javier O $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2015 01/09/15 Sold $678,000 -1.0% $250 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/06/2014 11/06/14 Price Changed $685,000 -2.1% $253 / Sq Ft
08/11/2014 08/11/14 For Sale $699,900 +12.0% $259 / Sq Ft
05/05/2014 05/05/14 Sold $625,000 0.0% $231 / Sq Ft View Prior Sale
03/26/2014 03/26/14 For Sale $625,000 -- $231 / 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 $9,342 $814,850 $632,245 $182,605
2024 $9,342 $798,873 $619,848 $179,025
2023 $9,158 $783,209 $607,694 $175,515
2022 $9,044 $767,852 $595,778 $172,074
2021 $8,844 $752,797 $584,097 $168,700
2020 $8,872 $745,078 $578,107 $166,971
2019 $8,526 $730,469 $566,771 $163,698
2018 $8,418 $716,147 $555,658 $160,489
2017 $8,277 $702,105 $544,762 $157,343
2016 $8,111 $688,339 $534,081 $154,258
2015 $7,491 $637,487 $482,511 $154,976
2014 $1,492 $89,030 $22,015 $67,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14172338

California Regional Multiple Listing Service (CRMLS)

APN: 340-071-02