NOT LISTED FOR SALE

6847 Katella Ave Cypress, CA 90630

Estimated Value: $35,499,142

-- Bed
-- Bath
46,717 Sq Ft
$760/Sq Ft Est. Value

About This Home

This home is located at 6847 Katella Ave, Cypress, CA 90630 and is currently estimated at $35,499,142, approximately $759 per square foot. 6847 Katella Ave is a home located in Orange County with nearby schools including Patton Elementary School, Hilton D. Bell Intermediate School, and Pacifica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2017
Sold by
Ch Realty Vir Orange County Cypress Llc
Bought by
Gershman Properties Llc
Current Estimated Value
$35,499,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Outstanding Balance
$11,031,506
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$24,815,630

Purchase Details

Closed on
Jul 31, 2014
Sold by
Cypress Center Holding Llc
Bought by
Ch Realty Vi/R Orange County Cypress Llc

Purchase Details

Closed on
Jan 22, 2007
Sold by
Bixby Cypress Center Inc
Bought by
Cypress Center Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,516,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1998
Sold by
Bixby Land Company
Bought by
Bixby Cypress Center Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gershman Properties Llc $22,050,000 Fidelity National Title
Ch Realty Vi/R Orange County Cypress Llc $17,500,000 Fidelity National Title Co
Cypress Center Holding Llc -- None Available
Bixby Cypress Center Inc -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gershman Properties Llc $13,000,000
Previous Owner Cypress Center Holding Llc $9,516,000
Source: Public Records

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
2024 $296,590 $25,089,137 $11,833,426 $13,255,711
2023 $290,948 $24,597,194 $11,601,398 $12,995,796
2022 $286,608 $24,114,897 $11,373,920 $12,740,977
2021 $283,952 $23,642,056 $11,150,902 $12,491,154
2020 $280,700 $23,399,636 $11,036,563 $12,363,073
2019 $273,742 $22,940,820 $10,820,160 $12,120,660
2018 $269,325 $22,491,000 $10,608,000 $11,883,000
2017 $224,613 $18,334,212 $9,837,772 $8,496,440
2016 $212,725 $17,766,875 $9,644,875 $8,122,000
2015 $210,091 $17,500,000 $9,500,000 $8,000,000
2014 $155,570 $12,708,127 $6,214,064 $6,494,063
Source: Public Records

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