NOT LISTED FOR SALE

638 Lori Way Placentia, CA 92870

Estimated Value: $1,074,000 - $1,215,000

3 Beds
2 Baths
1,620 Sq Ft
$698/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $920,000 $568 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,895/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Neighborhood Views
  • Sierra Vista Elementary School Rated A
  • No HOA
  • Covered Patio or Porch

About This Home

As of July 2023

SINGLE STORY * OPEN CONCEPT* DROUGHT TOLERANT LOT*. A true gem positioned in the heart of Placentia! Well-maintained through and through, this home features 3 bedrooms, 2 bathrooms and the perfect space to call home. Upon arrival, you will find a beautifully landscaped front yard and spacious attached garage. Host the ultimate family game or movie night in the cozy family room or enjoy the large low maintenance backyard. Relax and stay cool in the Summer beneath the backyard cover. All three spacious bedrooms and baths are located on the west side of the residence. Enjoy the laundry room/pantry just off the kitchen for easy use. Minutes away from award winning schools, like Sierra Vista Elementary, local shopping and plenty of great restaurants. Welcome home!

Last Agent to Sell the Property

Kevin Drumm

Seven Gables Real Estate License #01821235 Listed on: 05/26/2023

Seven Gables Real Estate

Co-Listed By

Sean Drumm

Seven Gables Real Estate License #01821234

Last Buyer's Agent

Bernard Cohen

Bernard E. Cohen Investments Inc. License #01492532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,550

Year Built

  • Built in 1962

Lot Details

  • 8,100 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Sierra Vista Elementary School
  • Tuffree Middle School
  • El Dorado High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 4510
  • Assessor Parcel Number 33725214

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,550

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 33725214
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1620.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 567.90
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Placentia-Yorba Linda Unified
  • Elementary School: Sierra Vista
  • Middle School: Tuffree
  • High School: El Dorado
  • Elementary School: Sierra Vista
  • High School: El Dorado
  • Middle Or Junior School: Tuffree
  • Elementary School #2: SIEVIS
  • High School2: ELDOR

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 4510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 5, 2023
Sold by
Patras Living Trust
Bought by
Javadi Masoud and Abdollahi Soheila
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Bernard Cohen
Bernard E. Cohen Investments Inc.
List Price
$925,000
Sold Price
$920,000
Premium/Discount to List
-$5,000
-0.54%
Views
177
Current Estimated Value
$1,130,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,158
Avg. Annual Appreciation
9.80%
Original Mortgage
$690,000
Outstanding Balance
$673,232
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$456,926

Purchase Details

Closed on
Nov 19, 1998
Sold by
Patras Robert L and Patras Roberta J
Bought by
Patras Robert L and Patras Roberta J

Purchase Details

Closed on
May 8, 1996
Sold by
Patras Roberta J
Bought by
Patras Robert L
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
Javadi Masoud $920,000 Chicago Title Company
Patras Robert L -- --
Patras Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Javadi Masoud $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $920,000 -0.5% $568 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $925,000 +0.5% $571 / Sq Ft
06/22/2023 06/22/23 Off Market $920,000 -- --
06/10/2023 06/10/23 For Sale $925,000 +0.5% $571 / Sq Ft
06/09/2023 06/09/23 Off Market $920,000 -- --
05/31/2023 05/31/23 For Sale $925,000 -- $571 / 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 $10,550 $938,400 $838,683 $99,717
2024 $10,550 $920,000 $822,238 $97,762
2023 $1,599 $79,112 $27,073 $52,039
2022 $1,529 $77,561 $26,542 $51,019
2021 $1,454 $76,041 $26,022 $50,019
2020 $1,456 $75,262 $25,755 $49,507
2019 $1,384 $73,787 $25,250 $48,537
2018 $1,360 $72,341 $24,755 $47,586
2017 $1,333 $70,923 $24,270 $46,653
2016 $1,308 $69,533 $23,794 $45,739
2015 $1,285 $68,489 $23,437 $45,052
2014 $1,256 $67,148 $22,978 $44,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23092338

California Regional Multiple Listing Service (CRMLS)

APN: 337-252-14