NOT LISTED FOR SALE

7061 Somerset Cir La Palma, CA 90623

Estimated Value: $1,157,382 - $1,213,000

4 Beds
3 Baths
2,020 Sq Ft
$581/Sq Ft Est. Value

About This Home

This home is located at 7061 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,173,096, approximately $580 per square foot. 7061 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
Mar 6, 2020
Sold by
Choi Jarret Hojae and Choi Nara
Bought by
Choi Jarret Hojae and Choi Yu Jae
Current Estimated Value
$1,173,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Outstanding Balance
$440,075
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$733,021

Purchase Details

Closed on
Jul 16, 2014
Sold by
Choi Jung Ja and Choi Yu Jae
Bought by
Choi Jarret Hojae and Choi Yu Jae

Purchase Details

Closed on
Jan 10, 2006
Sold by
Choi Jung Ja
Bought by
Choi Jung Ja and Choi Yu Jae

Purchase Details

Closed on
Mar 30, 2005
Sold by
Choi Do Kuk and Choi Jung Ja
Bought by
Choi Jung Ja

Purchase Details

Closed on
Sep 2, 1998
Sold by
Barnes Gerald G and Barnes Deena M
Bought by
Choi Do Kuk and Choi Jung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.79%

Purchase Details

Closed on
Aug 6, 1994
Sold by
Barnes Gerald G and Barnes Deena M
Bought by
Barnes Gerald G and Barnes Deena M
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
Choi Jarret Hojae -- Stewart Title
Choi Jarret Hojae -- Accommodation
Choi Jung Ja -- Accommodation
Choi Jung Ja -- --
Choi Do Kuk $300,000 Commonwealth Land Title
Barnes Gerald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Jarret Hojae $493,500
Previous Owner Choi Do Kuk $240,000
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 $8,100 $734,543 $573,187 $161,356
2024 $8,100 $720,141 $561,948 $158,193
2023 $8,011 $706,021 $550,929 $155,092
2022 $5,181 $443,179 $284,395 $158,784
2021 $5,143 $434,490 $278,819 $155,671
2020 $5,080 $430,035 $275,960 $154,075
2019 $4,960 $421,603 $270,549 $151,054
2018 $4,865 $413,337 $265,244 $148,093
2017 $4,796 $405,233 $260,043 $145,190
2016 $4,701 $397,288 $254,944 $142,344
2015 $4,498 $391,321 $251,115 $140,206
2014 $4,408 $383,656 $246,196 $137,460
Source: Public Records

Map

California Orange County La Palma 90623

7061 Somerset Cir, La Palma, CA

This home is located at 7061 Somerset Cir, La Palma, CA 90623 and is currently estimated at $1,173,096, approximately $580 per square foot. 7061 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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