640 E Jeanette Ln Santa Ana, CA 92705
Morrison Park Neighborhood
3
Beds
2.5
Baths
2,175
Sq Ft
$406/mo
HOA Fee
Highlights
- End Unit
- Balcony
- 2 Car Attached Garage
- Neighborhood Views
- Plantation Shutters
- 3-minute walk to Santiago Park
About This Home
As of June 2025Fantastic investment opportunity for investors/contractors/fixer/rehabber/end users. CASH OFFER ONLY due to current interior condition. Property is sold as-is. The property just completed remediation work; this property was partially stripped down for easy to remodel condition. All you need to do is put it back together to make it a move in ready, resale or rental home. Listed for $750,000. A resent sales in the community indicate a resale value in the low to mid $900,000 if restored to the original condition. When highly remodeled, the resale value could be considerably more. The property is located in a community known as City Place in the heart of Santa Ana. This spacious multi-level end unit condominium features 3-bedroom, 2.5 bathroom on 2,175 sq-ft living space. On the first floor, there is a two-car garage with direct access. On the second floor, the spacious living room, dining area and a kitchen open to the living space with balcony access. The third floor with two bedrooms, a bath and a full-size laundry room. The fourth floor has master suites, walk-in closet, full bathroom and private balcony. The community is conveniently located minutes to the 22, 57 and 5 freeways. Down the street from CHOC and St. Joesph's hospitals, Chapman University and Old Towne Orange and a walking distance to Santiago Park.
Last Agent to Sell the Property
The Lion Realty Brokerage Phone: 562-965-9601 License #01315937 Listed on: 11/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,445
Year Built
- Built in 2007
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $406 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Tandem Garage
Home Design
- Split Level Home
- Fixer Upper
- Slab Foundation
- Stucco
Interior Spaces
- 2,175 Sq Ft Home
- 4-Story Property
- Double Pane Windows
- Plantation Shutters
- Living Room
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Schools
- Fairhaven Elementary School
- Portola Middle School
- Orange High School
Additional Features
- Urban Location
- Central Heating and Cooling System
Community Details
- 70 Units
- City Place Maintenance Corp Association, Phone Number (949) 218-9907
- Pmp Management Company HOA
- Maintained Community
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 16565
- Assessor Parcel Number 93897281
- $372 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2025
Closed on
May 30, 2025
Sold by
Evodan Llc
Bought by
Ryan Michael
Seller's Agent
Julio Arana Cortes
Realty One Group West
Buyer's Agent
Rick Lee
Real Broker
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Views
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-57.35%
Original Mortgage
$878,750
Outstanding Balance
$878,750
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$14,701
Purchase Details
Listed on
Nov 9, 2024
Closed on
Dec 3, 2024
Sold by
Chung Un Ho and Chung Emily Keunjung
Bought by
Evodan Llc
Seller's Agent
Mike Song
The Lion Realty
Buyer's Agent
Jerry Magdaleno
1Vision Real Estate
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.38%
Original Mortgage
$712,400
Interest Rate
6.54%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 28, 2011
Sold by
Main Street Concourse Llc
Bought by
Chung Un Ho and Chung Emily Keunjung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,264
Interest Rate
4.72%
Mortgage Type
New Conventional
Similar Homes in Santa Ana, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $925,000 | Wfg National Title Company | |
| Grant Deed | $735,000 | Wfg National Title | |
| Grant Deed | $387,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $878,750 | New Conventional | |
| Previous Owner | $712,400 | Construction | |
| Previous Owner | $307,600 | New Conventional | |
| Previous Owner | $309,264 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Sold | $925,000 | +2.9% | $426 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/04/2025 05/04/25 | For Sale | $899,000 | +22.3% | $414 / Sq Ft |
| 12/10/2024 12/10/24 | Sold | $735,000 | -2.0% | $338 / Sq Ft |
| 12/08/2024 12/08/24 | For Sale | $750,000 | +2.0% | $345 / Sq Ft |
| 11/25/2024 11/25/24 | Off Market | $735,000 | -- | -- |
| 11/24/2024 11/24/24 | Pending | -- | -- | -- |
| 11/09/2024 11/09/24 | For Sale | $750,000 | -- | $345 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,445 | $485,586 | $140,148 | $345,438 |
| 2023 | $5,323 | $476,065 | $137,400 | $338,665 |
| 2022 | $5,217 | $466,731 | $134,706 | $332,025 |
| 2021 | $5,072 | $457,580 | $132,065 | $325,515 |
| 2020 | $5,024 | $452,889 | $130,711 | $322,178 |
| 2019 | $4,961 | $444,009 | $128,148 | $315,861 |
| 2018 | $4,884 | $435,303 | $125,635 | $309,668 |
| 2017 | $4,682 | $426,768 | $123,171 | $303,597 |
| 2016 | $4,591 | $418,400 | $120,755 | $297,645 |
| 2015 | $4,524 | $412,116 | $118,941 | $293,175 |
| 2014 | $4,426 | $404,044 | $116,611 | $287,433 |
Source: Public Records
Agents Affiliated with this Home
-
Julio Arana Cortes
Seller's Agent in 2025
Julio Arana Cortes
Realty One Group West
(714) 675-4042
3 in this area
95 Total Sales
-
Rick Lee
Buyer's Agent in 2025
Rick Lee
Real Broker
(714) 943-1598
1 in this area
96 Total Sales
-
Mike Song
M
Seller's Agent in 2024
Mike Song
The Lion Realty
(562) 965-9601
1 in this area
16 Total Sales
-
Jerry Magdaleno
Buyer's Agent in 2024
Jerry Magdaleno
1Vision Real Estate
(714) 474-9105
1 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24231111
APN: 938-972-81
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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