NOT LISTED FOR SALE

7002 Somerset Cir La Palma, CA 90623

Estimated Value: $1,073,600 - $1,206,000

4 Beds
3 Baths
2,020 Sq Ft
$558/Sq Ft Est. Value

About This Home

This home is located at 7002 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,127,650, approximately $558 per square foot. 7002 Somerset Cir is a home located in Orange County with nearby schools including Arthur F. Corey Elementary School, Buena Park Junior High School, and Buena Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2003
Sold by
Patel Rajesh R and Patel Shilpa R
Bought by
Patel Rajesh R and Patel Shilpa R
Current Estimated Value
$1,127,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Outstanding Balance
$117,610
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,010,040

Purchase Details

Closed on
Sep 12, 2001
Sold by
Wang Sidney
Bought by
Patel Rajash R and Patel Shilpa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Patel Rajesh R -- Southland Title
Patel Rajash R $315,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rajesh R $271,000
Closed Patel Rajash R $275,000
Closed Patel Rajesh R $100,000
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
2025 $5,323 $465,340 $290,026 $175,314
2024 $5,323 $456,216 $284,339 $171,877
2023 $5,214 $447,271 $278,764 $168,507
2022 $5,130 $438,501 $273,298 $165,203
2021 $5,093 $429,903 $267,939 $161,964
2020 $5,031 $425,495 $265,191 $160,304
2019 $4,911 $417,152 $259,991 $157,161
2018 $4,817 $408,973 $254,893 $154,080
2017 $4,749 $400,954 $249,895 $151,059
2016 $4,655 $393,093 $244,995 $148,098
2015 $4,454 $387,189 $241,315 $145,874
2014 $4,440 $379,605 $236,588 $143,017
Source: Public Records

Map

California Orange County La Palma 90623

7002 Somerset Cir, La Palma, CA

This home is located at 7002 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,127,650, approximately $558 per square foot. 7002 Somerset Cir is a home located in Orange County with nearby schools including Arthur F. Corey Elementary School, Buena Park Junior High School, and Buena Park High School.

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