NOT LISTED FOR SALE

505 E Van Bibber Ave Orange, CA 92866

Estimated Value: $1,225,374 - $1,330,000

4 Beds
2.5 Baths
1,733 Sq Ft
$743/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,020,000 $589 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,040/month

112 Days on Market

Highlights

  • Wine Cellar
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Open Floorplan
  • Wood Flooring
  • Corner Lot

About This Home

As of April 2021

This 1920s bungalow in Old Towne Orange is as darling as it is stocked with all of the perks on your wishlist! Charming homes like this rarely come on the market — only a handful a year — and it's easy to see why they sell so quickly. So many people want to upgrade, but are not willing to pay 1.4M for it. Well, surprise… do we have a treat for you! This historic home is over 1,700 square feet, has 4 bedrooms (2 modest sized bedrooms, a large master, and an office/game room/library/etc.), and 2.5 bathrooms. Now for the luxury perks — central heating and air, a separate dining room with a butler's pantry, a larger kitchen, an oversized 2.5 car garage, a large indoor laundry room, a basement, re-wired electrical and re-plumbed… need we go on?! We just can't hold back, we love that this home has a backyard with metal fencing and a great sized front yard that is enclosed by a darling picket fence. Now, take this home with all of its goodies and place her just a few blocks away from the charm of The Orange Circle. You know the old saying, “Location, location, location!" This house is the complete package… you can’t afford to wait, are you ready? According to the City is eligible for the Mills Act which offers a significant reduction in property taxes.

Last Agent to Sell the Property

Kelly Laule

Better Living SoCal License #01773280 Listed on: 11/30/2020

Last Buyer's Agent

Colleen Low

Y Realty License #01444687

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,900 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Single Garage Door

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,733 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Casement Windows
  • Wine Cellar
  • Living Room
  • Family or Dining Combination
  • Home Office
  • Neighborhood Views
  • Laundry Room
  • Basement

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Granite Bathroom Countertops
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting

Schools

  • Palmyra Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Tax Tract Number 4
  • Assessor Parcel Number 39042123

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 39042123
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1733.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Tile Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Family Room, Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 588.57
  • Room Type: All Bedrooms Down, Basement, Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Wine Cellar
  • Window Features: Casement Windows
  • Bathroom Features: Shower, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Tile Counters

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Lap Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Oversized
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Palmyra
  • Elementary School #2: PALMYR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lawn, Sprinkler System, Treed Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 6900.00
  • Lot Size Acres: 0.1584

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 759.02
  • Tax Lot: 24
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Jones Stephen C and Jones Kelly
Bought by
Davis Jesse and Davis Jennifer
Current Estimated Value
$1,287,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$426,732
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$860,862

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 6, 2016
Sold by
Ferguson James C F and Ferguson Holly M
Bought by
The Weiss Family Trust
Seller's Agent
Daniel Slater
Orange Realty, Inc.
Buyer's Agent
Ethan Lanagan
Seven Gables Real Estate
List Price
$949,900
Sold Price
$955,000
Premium/Discount to List
$5,100
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
May 26, 2010
Sold by
Hudson Kristi
Bought by
Ferguson James C and Ferguson Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Hudson Scott
Bought by
Hudson Kristi

Purchase Details

Closed on
Feb 20, 2002
Sold by
Livingston Henry S and Livingston Margaret L
Bought by
Hudson Scott and Hudson Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2001
Sold by
Livingston Henry S and Livingston Margaret L
Bought by
Livingston Henry S and Livingston Margaret L

Purchase Details

Closed on
Oct 11, 1994
Sold by
Gray Mary Beth
Bought by
Livingston Henry S and Livingston Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
9.08%
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
Davis Jesse $800,000 Monarch Title Company
The Weiss Family Trust $955,000 Western Resources Title
Ferguson James C $585,000 Chicago Title Company
Hudson Kristi -- Commerce Title
Hudson Scott $424,000 American Title Co
Livingston Henry S -- --
Livingston Henry S $230,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jesse $470,000
Previous Owner Ferguson James C $468,000
Previous Owner Hudson Scott $339,200
Previous Owner Livingston Henry S $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $1,020,000 -7.2% $589 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $1,099,000 -2.3% $634 / Sq Ft
11/30/2020 11/30/20 For Sale $1,125,000 +17.8% $649 / Sq Ft
04/20/2016 04/20/16 Sold $955,000 +0.5% $552 / Sq Ft View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $949,900 -- $549 / 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 $3,517 $309,139 $216,397 $92,742
2024 $3,517 $295,592 $206,914 $88,678
2023 $3,665 $311,398 $217,979 $93,419
2022 $4,475 $388,787 $272,151 $116,636
2021 $11,294 $1,044,431 $984,225 $60,206
2020 $11,190 $1,033,722 $974,133 $59,589
2019 $11,046 $1,013,453 $955,032 $58,421
2018 $10,878 $993,582 $936,306 $57,276
2017 $10,418 $974,100 $917,947 $56,153
2016 $6,817 $633,122 $578,277 $54,845
2015 $6,717 $623,612 $569,590 $54,022
2014 $6,572 $611,397 $558,433 $52,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20245191

California Regional Multiple Listing Service (CRMLS)

APN: 390-421-23