NOT LISTED FOR SALE

6501 E Gray Ln Orange, CA 92869

Estimated Value: $2,829,000 - $4,295,000

7 Beds
4.5 Baths
4,971 Sq Ft
$685/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $1,704,000 $343 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $19,544/month

183 Days on Market

Highlights

  • Horse Property
  • Tennis Courts
  • RV Access or Parking
  • Linda Vista Elementary School Rated A-
  • In Ground Pool
  • View of Trees or Woods

About This Home

As of October 2016

Stunning horse property estate with tennis court in Orange Park Acres. The remodeled kitchen has open layout with bar seating, newer cabinetry, Thermador appliances, hardwood flooring, farmer sink, bay window, granite tops w/ island. Breakfast nook is light and bright w/ windows overlooking the grounds. The spacious living room boasts vaulted ceilings, a huge stone fireplace, French doors, built-in wet bar with sink, wine cooler and wine storage. Formal dining room has vaulted ceilings, hardwood flooring, newer Wainscoting and French doors. The master bedroom is over 1,000 sq ft with crown molding, newer windows, new carpet and a huge walk-in closet. The renovated master bath features a dual Jacuzzi and shower w/ steamer. The second level boasts three bedrooms and has an expansive rec room perfect for games or workout equipment. Picturesque grounds include an outdoor kitchen w/ wood fire pizza oven, stamped concrete, recently refinished pool and Jacuzzi w/ new equipment, pool house w/ shower & toilet, and new re-coated tennis court w/ basketball hoop. Other attributes include RV access & dump, all new windows doors wanes coating/crown molding/baseboards, 2 tank-less water heaters, soft water unit, dual AC units, 220V in the garage, and enclosed garden.

Last Agent to Sell the Property

Michael Arp

Investment Capital Real Estate License #01488586 Listed on: 04/14/2016

Last Buyer's Agent

Michael Rogers

Seven Gables Real Estate License #01354281

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1.09 Acre Lot
  • Wood Fence
  • Fence is in excellent condition
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • RV Access or Parking

Property Views

  • Woods
  • Hills

Home Design

  • Turnkey
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,971 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Bay Window
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Home Security

  • Intercom
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Horse Property

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 37948105

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances, Safe in the Master Bed Closet
  • Property Attached: No
  • Security: Fire and Smoke Detection System
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 37948105
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4971.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Intercom, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 342.79
  • Room Type: Den, Family Room, Guest/Maid's Quarters, Main Floor Master Bedroom
  • Spa Features: In Ground
  • Window Features: Bay Window(s), Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Foundation: Slab
  • Other Structures: Tennis Court Private
  • View: Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Three Door, RV Access/Parking
  • Total Parking Spaces: 17.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Softener
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Lot Over 40000 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 47480.00
  • Price Per Lot Square Foot: 40.54

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Ratanjee Family Trust
Bought by
Ratanjee Family Trust and Ratanjee
Current Estimated Value
$3,403,475

Purchase Details

Listed on
Apr 14, 2016
Closed on
Oct 3, 2016
Sold by
Cunningham Keith and Cunningham Linda
Bought by
Ratanjee Dhansukhlal M and Ratanjee Sumati D
Seller's Agent
Michael Arp
Investment Capital Real Estate
Buyer's Agent
Michael Rogers
Seven Gables Real Estate
List Price
$1,998,888
Sold Price
$1,704,000
Premium/Discount to List
-$294,888
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$1,363,200
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2002
Sold by
Chopra Chopin and Chopra Kamini
Bought by
Cunningham Keith and Cunningham Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$781,100
Interest Rate
6.87%

Purchase Details

Closed on
Apr 21, 2000
Sold by
Sld Ent
Bought by
Innovative Products & Systems

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.95%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Nguyen Hoang Lee and Nguyen My Linh Ngo
Bought by
Sld Ent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.95%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Chopra Kamini
Bought by
Chopra Chopin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.95%

Purchase Details

Closed on
Oct 1, 1999
Sold by
Puang Tantamjarik and Srivimol Tantamjarik Srivimol
Bought by
Nguyen Hoang Lee and Nguyen Mylinh Ngo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,451
Interest Rate
7.72%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ratanjee Family Trust -- Ratanjee Dhansukhlal
Ratanjee Dhansukhlal M $1,704,000 First American Title Company
Cunningham Keith $1,070,000 Chicago Title
Innovative Products & Systems -- California Counties Title Co
Sld Ent -- California Counties Title Co
Chopra Chopin -- California Counties Title Co
Nguyen Hoang Lee $750,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratanjee Dhansukhlal M $1,363,200
Previous Owner Cunningham Keith $781,100
Previous Owner Innovative Products & Systems $656,250
Previous Owner Nguyen Hoang Lee $633,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $1,704,000 -8.3% $343 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/26/2016 09/26/16 Price Changed $1,859,000 -3.4% $374 / Sq Ft
06/08/2016 06/08/16 Price Changed $1,925,000 -3.7% $387 / Sq Ft
04/14/2016 04/14/16 For Sale $1,998,888 -- $402 / 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 $20,542 $1,977,634 $1,413,790 $563,844
2024 $20,542 $1,938,857 $1,386,068 $552,789
2023 $20,104 $1,900,841 $1,358,891 $541,950
2022 $19,728 $1,863,570 $1,332,246 $531,324
2021 $19,161 $1,827,030 $1,306,124 $520,906
2020 $18,987 $1,808,297 $1,292,732 $515,565
2019 $18,735 $1,772,841 $1,267,385 $505,456
2018 $18,448 $1,738,080 $1,242,534 $495,546
2017 $17,657 $1,704,000 $1,218,170 $485,830
2016 $13,870 $1,335,290 $864,361 $470,929
2015 $13,670 $1,315,233 $851,377 $463,856
2014 $13,379 $1,289,470 $834,700 $454,770
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Arp

    Investment Capital Real Estate

    Section Image
  • Michael Rogers

    Buyer's Agent in 2016

    Michael Rogers

    Seven Gables Real Estate

    (714) 412-9012

    4 in this area

    13 Total Sales

    Michael Rogers
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16078231

California Regional Multiple Listing Service (CRMLS)

APN: 379-481-05

California Orange County Orange 92869

6501 E Gray Ln, Orange, CA

Not Listed for Sale

Detached

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