NOT LISTED FOR SALE

550 Porter Way Placentia, CA 92870

Estimated Value: $997,000 - $1,695,000

3 Beds
1 Bath
1,550 Sq Ft
$892/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $650,000 $419 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $8,903/month

93 Days on Market

Highlights

  • Peek-A-Boo Views
  • 0.78 Acre Lot
  • No HOA
  • Morse Avenue Elementary School Rated A-

About This Home

As of April 2016

For those looking for a secluded and private setting with large lot, this is the home for you. One of the very few remaining single family homes located in a commercially zoned industrial location, this property is ideal for a business owner who needs room to park vehicles, have a workshop and/or live in home office. The value of this home is mainly in the land and usability of the zoning, but the home can be completely functional with a little elbow grease.

Last Agent to Sell the Property

Aaron Mills

Compass Newport Beach License #01294828 Listed on: 09/13/2015

Compass Newport Beach

Last Buyer's Agent

Rick Bergstrom

Richard Bergstrom, Broker License #00828931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,628

Year Built

  • Built in 1944

Lot Details

  • 0.78

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Interior Spaces

  • 1,550 Sq Ft Home
  • Living Room with Fireplace
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 0.78 Acre Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 613
  • Assessor Parcel Number 33908112

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,628

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 33908112
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 419.35
  • Room Type: Living Room

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 33977.00
  • Price Per Lot Square Foot: 19.13
  • Lot Size Acres: 0.7800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33977.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2016
Sold by
Cravens Jeffery C and Cravens Michelle L
Bought by
Dreambuilder Construction Corp
Current Estimated Value
$1,382,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2004
Sold by
Yorba Shirleen C
Bought by
Cravens Jeffery C and Cravens Michelle L
Source: Public Records

Range of Values:

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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
Dreambuilder Construction Corp $650,000 First American Title
Cravens Jeffery C $700,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dreambuilder Constuction Corp $0
Closed Dreambuilder Construction Corp $0
Open Dreambuilder Construction Corp $520,000
Closed Dreambuilder Construction Corp $500,000
Previous Owner Dreambuilder Construction Corp $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $650,000 0.0% $419 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
09/13/2015 09/13/15 For Sale $650,000 -- $419 / 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 $16,628 $1,552,759 $1,456,119 $96,640
2024 $16,628 $1,522,313 $1,427,567 $94,746
2023 $7,379 $649,455 $568,624 $80,831
2022 $7,284 $636,721 $557,474 $79,247
2021 $7,112 $624,237 $546,543 $77,694
2020 $7,139 $617,837 $540,939 $76,898
2019 $6,607 $583,664 $530,332 $53,332
2018 $6,522 $572,220 $519,933 $52,287
2017 $6,411 $561,000 $509,738 $51,262
2016 $5,878 $513,000 $463,916 $49,084
2015 $5,200 $450,000 $400,916 $49,084
2014 $4,703 $409,000 $359,916 $49,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15202712

California Regional Multiple Listing Service (CRMLS)

APN: 339-081-12