NOT LISTED FOR SALE

504 E Palmyra Ave Orange, CA 92866

Estimated Value: $1,421,000 - $1,461,000

5 Beds
2.5 Baths
2,048 Sq Ft
$704/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $1,240,000 $605 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,837/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Attic
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of December 2021

Searching to live in a gorgeous historic home with a prime location? Recognized on the National Registry, this California Craftsman home rests on a premier corner lot in a historic district located in the heart of Old Towne Orange. Welcomed by a warm and inviting curb appeal accented by a white picket fence, lush grass lawn, and a wonderful front porch. Enter inside to a formal living room centered around a brick fireplace. You will immediately fall in love with all the craftsmanship throughout. Perfect for seamless entertaining, just off the kitchen is the formal dining room which can accommodate large gatherings. The kitchen is equipped with original shaker cabinets, a Jennair stainless dishwasher, classic Gaffers, a Sattler gas range/stove, recessed lighting, a ceiling fan, and beautiful built-ins including the original China cabinet. The home features five bedrooms, two on the main floor and the others located upstairs, and all come with large attic storage. Great for hosting, the incredible yard is well-landscaped and features a Chimenea fireplace, pavers, and a patio. The original carriage house was rebuilt with the beautifully crafted garage which has one bedroom above. Take advantage of the RV parking. Additional features include a home security alarm, central air and heat, a newer roof, and mostly copper plumbing. Ready to enjoy all the conveniences and amenities that Old Towne living has to offer?

**Property participates in the Mills Act property Tax Reduction program for Historical Homes.

Last Agent to Sell the Property

Kevin Drumm

Seven Gables Real Estate License #01821235 Listed on: 08/25/2021

Seven Gables Real Estate

Co-Listed By

Shauna Drumm

Seven Gables Real Estate License #01454094

Last Buyer's Agent

Steven Gonzales

Real Estate Hub, Inc License #02126169

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 6,851 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Turnkey
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Electric Fireplace
  • Custom Window Coverings
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room
  • Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Converted Bedroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • Palmyra Elementary School
  • Yorba Linda Middle School
  • Orange High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Tax Tract Number 4
  • Assessor Parcel Number 39042101
  • $359 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 39042101
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2048.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Electric, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 605.47
  • Room Type: Attic, Basement, Converted Bedroom, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office
  • Window Features: Custom Covering
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Microwave, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Palmyra
  • High School: Orange
  • Middle Or Junior School: Yorba Linda
  • Elementary School #2: PALMYR
  • High School2: ORANGE3

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6851.00
  • Lot Size Acres: 0.1573

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6851.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 759.02
  • Tax Lot: 1
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 359.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2025
Sold by
Ramirez Melissa Teresa
Bought by
Melissa Teresa Ramirez Living Trust and Ramirez
Current Estimated Value
$1,442,746

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 9, 2021
Sold by
Ramirez Damian
Bought by
Ramirez Melissa
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Steven Gonzales
Real Estate Hub, Inc
List Price
$1,240,000
Sold Price
$1,240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$992,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 27, 2021
Sold by
Stout Dennis Noble and Stout Cynthia Diane
Bought by
Ramirez Melissa
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Steven Gonzales
Real Estate Hub, Inc
List Price
$1,240,000
Sold Price
$1,240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Stout Dennis Noble and Stout Dennis Noble
Bought by
Stout Dennis Noble and Stout Cynthia Diane

Purchase Details

Closed on
Feb 19, 2021
Sold by
Stout Dennis Noble and Stout Dennis Noble
Bought by
Stout Dennis Noble and Stout Dennis Noble

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Stout Dennis N
Bought by
Dennis Noble Stout Revocable Living Tr

Purchase Details

Closed on
Nov 23, 2005
Sold by
Schaefer Richard and Schaefer Susanne
Bought by
Stout Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1999
Sold by
Smith Craig G and Smith Julie L
Bought by
Schaefer Richard and Schaefer Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,851
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melissa Teresa Ramirez Living Trust -- None Listed On Document
Ramirez Melissa Teresa -- None Listed On Document
Ramirez Damian Matthew -- None Listed On Document
Ramirez Melissa -- Chicago Title
Ramirez Melissa $1,240,000 Chicago Title
Stout Dennis Noble -- Accommodation
Stout Dennis Noble -- Fidelity Natl Ttl Orange Cnt
Dennis Noble Stout Revocable Living Tr -- None Available
Dennis Noble Stout Revocable Living Tr -- None Available
Stout Dennis $815,000 Lawyers Title
Schaefer Richard $249,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Melissa $992,000
Previous Owner Ramirez Melissa $992,000
Previous Owner Stout Dennis Noble $384,000
Previous Owner Stout Dennis $400,000
Previous Owner Schaefer Richard $223,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $1,240,000 0.0% $605 / Sq Ft
11/30/2021 11/30/21 Price Changed $1,240,000 0.0% $605 / Sq Ft
11/30/2021 11/30/21 For Sale $1,240,000 -8.1% $605 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/13/2021 10/13/21 Price Changed $1,350,000 -12.9% $659 / Sq Ft
10/07/2021 10/07/21 Price Changed $1,550,000 -8.8% $757 / Sq Ft
09/22/2021 09/22/21 Price Changed $1,699,000 -2.9% $830 / Sq Ft
08/25/2021 08/25/21 For Sale $1,750,000 -- $854 / 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 $3,341 $412,520 $206,671 $205,849
2024 $3,341 $285,950 $200,165 $85,785
2023 $3,439 $296,914 $207,840 $89,074
2022 $4,064 $349,909 $244,936 $104,973
2021 $3,751 $330,743 $231,520 $99,223
2020 $3,328 $290,405 $203,283 $87,122
2019 $3,079 $264,980 $185,486 $79,494
2018 $3,078 $264,162 $184,913 $79,249
2017 $2,987 $262,176 $183,523 $78,653
2016 $2,765 $241,100 $168,770 $72,330
2015 $2,546 $220,350 $154,245 $66,105
2014 $2,503 $217,220 $152,054 $65,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21183953

California Regional Multiple Listing Service (CRMLS)

APN: 390-421-01