NOT LISTED FOR SALE

7022 Somerset Cir La Palma, CA 90623

Estimated Value: $1,119,000 - $1,269,000

5 Beds
3 Baths
2,360 Sq Ft
$505/Sq Ft Est. Value

About This Home

This home is located at 7022 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,191,511, approximately $504 per square foot. 7022 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
Sep 9, 2008
Sold by
Zerna James and Zerna Lilian
Bought by
Farooq Mohammad N and Farooq Pakai
Current Estimated Value
$1,191,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$239,221
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$952,290

Purchase Details

Closed on
Jul 26, 2005
Sold by
Zerna James and Zerna Lillian
Bought by
Zerna James and Zerna Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Paypa Wendell and Colgrove Lualhati
Bought by
Zerna James and Zerna Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Goo Sae Ok
Bought by
Goo Sae Ok and Goo Yang Mo

Purchase Details

Closed on
Jan 26, 2004
Sold by
Paypa Wendell
Bought by
Paypa Wendell and Colgrove Lualhati

Purchase Details

Closed on
Oct 4, 2002
Sold by
Shah Kusumbala Shirishkumar and Shah Shirishkumar Kantilal
Bought by
Paypa Wendell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
8.75%

Purchase Details

Closed on
Jun 11, 1996
Sold by
Shah Shirishkumar K and Shah Kusumbala S
Bought by
Shah Kusumbala Shirishkumar and Shah Shirishkumar Kantilal
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
Farooq Mohammad N $540,000 Investors Title Company
Zerna James -- Financial Title Company
Zerna James $669,000 Stewart Title
Goo Sae Ok -- --
Paypa Wendell -- --
Paypa Wendell $428,000 Fidelity National Title
Shah Kusumbala Shirishkumar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farooq Mohammad N $360,000
Previous Owner Zerna James $572,000
Previous Owner Zerna James $535,200
Previous Owner Paypa Wendell $342,400
Closed Paypa Wendell $85,600
Closed Zerna James $133,800
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 $7,685 $695,383 $478,419 $216,964
2024 $7,685 $681,749 $469,039 $212,710
2023 $7,529 $668,382 $459,842 $208,540
2022 $7,409 $655,277 $450,826 $204,451
2021 $7,354 $642,429 $441,986 $200,443
2020 $7,263 $635,842 $437,454 $198,388
2019 $7,085 $623,375 $428,876 $194,499
2018 $6,947 $611,152 $420,466 $190,686
2017 $6,847 $599,169 $412,221 $186,948
2016 $6,709 $587,421 $404,138 $183,283
2015 $6,413 $578,598 $398,068 $180,530
2014 $6,394 $567,265 $390,271 $176,994
Source: Public Records

Map

California Orange County La Palma 90623

7022 Somerset Cir, La Palma, CA

This home is located at 7022 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,191,511, approximately $504 per square foot. 7022 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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