NOT LISTED FOR SALE

725 E Palm Ave Orange, CA 92866

Estimated Value: $880,204 - $1,033,000

2 Beds
2 Baths
808 Sq Ft
$1,198/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $700,000 $866 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,271/month

11 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • L-Shaped Dining Room
  • Craftsman Architecture
  • Wood Flooring
  • Stone Countertops

About This Home

As of June 2016

WELCOME TO THIS 1915 CRAFTSMAN BUNGALOW THAT HAS BEEN LOVINGLY RESTORED TO PERIOD CORRECT PERFECTION WHILE ADDING THE CONVENIENCES OF GREEN LIVING! THE FRONT LAWN FEATURES A DROUGHT TOLERANT DESIGN OF EXOTIC PLANTS, CLASSIC ORANGE TREE AND ARTIFICIAL TURF. ENTER ON THE SWING -SIZED FRONT PORCH TO THE WIDE OPEN FLOOR PLAN OF VAULTED WHITEWASHED WOOD CEILINGS AND TRUSS DESIGN, RESTORED VERTICAL GRAIN DOUGLAS FIR FLOORS, RESTORED WOOD WINDOWS, CUSTOM LIGHTING AND PERIOD CORRECT HARDWARE! THE KITCHEN HAS PENDENT LIGHTING, CUSTOM SHAKER CABINETRY WITH BUTCHER BLOCK COUNTERS. FARMHOUSE SINK, BUILT IN HIDDEN DISHWASHER AND LIEBHERR REFRIGERATOR/FREEZER THAT BLEND INTO THE CABINETS! A BEAUTIFUL RESTORED O'KEEF AND MERRITT VINTAGE CROME STOVE BUILT-IN RANGE HOOD AND PULL OUT DRAWERS AND LAZY SUSAN CORNERS. THE FIRST BEDROOM HAS CLOSET AREA AND WINDOW SEAT/STORAGE AND BUILT-IN LAUNDRY AREA. THE MAIN BATH HAS A CUSTOM SWEDISH SLIPPER (CLAW FOOT TUB) WITH CUSTOM FIXTURES,WHITE SUBWAY TILE, PEDESTAL SINK AND MARBLE FLOORS. THE MASTER BEDROOM FEATURES SOARING CEILINGS, CUSTOM BUILT-INS, WALK-IN CLOSET AND A PRIVATE BATH WITH ZERO CURB TROUGH DRAIN, CUSTOM TILE AND PORCELAIN DUAL VANITY. TANK LESS WATER HEATER, USB PLUGS, CENTRAL AIR, CUSTOM BLINDS AND BRICK PATIO.

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 05/16/2016

Last Buyer's Agent

Douglas Willits

Seven Gables Real Estate License #01787611

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 3,180 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Fence is in excellent condition
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Home Design

  • Craftsman Architecture
  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Frame Window
  • Panel Doors
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Water-Smart Landscaping

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association
  • Craftsman

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 38613314

Home Details

Home Type

Single Family

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: ALL BUILT-INS
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: OLD TOWNE
  • View: No
  • Zoning: R-1
  • Architectural Style: Bungalow, Craftsman
  • Property Condition: Additions/Alterations, Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 38613314
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 808.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Storage, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Area, Dining Ell
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 866.34
  • Room Type: Living Room, Master Bedroom, Walk-In Closet
  • Window Features: Wood Frames

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Wood, Excellent Condition
  • Patio And Porch Features: Brick, Covered, Patio Open, Front Porch, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Closet, Stackable, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Lighting, Water Heater

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 3180.00
  • Price Per Lot Square Foot: 220.13

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 1, 2016
Sold by
Stensby Lucas
Bought by
The Olson Family Trust
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Douglas Willits
Seven Gables Real Estate
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Current Estimated Value
$967,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,801
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
May 16, 2016
Closed on
May 31, 2016
Sold by
Stensby Joel H and Stensby Danine K
Bought by
Stensby Lucas
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Douglas Willits
Seven Gables Real Estate
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 21, 2013
Sold by
Lucero Ronald Owen
Bought by
Stensby Lucas and Stensby Joel H
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
CJ VanDerMeulen
VanDerMeulen Investment Proper
List Price
$479,900
Sold Price
$460,000
Premium/Discount to List
-$19,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$230,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2004
Sold by
Jamieson Doug R
Bought by
Lucero Ronald Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 15, 2002
Sold by
Jamieson Doug R
Bought by
Jamieson Doug R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.8%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Casha Marisue
Bought by
Jamieson Doug R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,049
Interest Rate
7.07%
Mortgage Type
VA

Purchase Details

Closed on
Feb 4, 1993
Sold by
Lee Erling B and Lee Elaine M
Bought by
Lee Preston A
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
The Olson Family Trust $700,000 Orange Coast Title
Stensby Lucas -- Orange Coast Title
Stensby Lucas $460,000 First American Title
Lucero Ronald Owen $440,000 Ticor Title Company
Jamieson Doug R -- Lawyers Title Company
Jamieson Doug R -- United Title Company
Lee Preston A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stensby Lucas $230,000
Previous Owner Lucero Ronald Owen $75,000
Previous Owner Jamieson Doug R $208,000
Previous Owner Jamieson Doug R $150,049
Closed Lucero Ronald Owen $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2016 06/13/16 Sold $700,000 +2.2% $866 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $685,000 +48.9% $848 / Sq Ft
09/20/2013 09/20/13 Sold $460,000 -2.1% $669 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
08/05/2013 08/05/13 Price Changed $469,900 -2.1% $683 / Sq Ft
07/17/2013 07/17/13 For Sale $479,900 0.0% $698 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $479,900 0.0% $698 / Sq Ft
04/27/2013 04/27/13 Pending -- -- --
04/07/2013 04/07/13 For Sale $479,900 -- $698 / 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 $2,396 $180,623 $126,436 $54,187
2024 $2,396 $189,561 $132,693 $56,868
2023 $2,481 $199,146 $139,402 $59,744
2022 $2,883 $231,546 $162,082 $69,464
2021 $2,736 $226,795 $158,756 $68,039
2020 $2,358 $190,838 $133,587 $57,251
2019 $2,236 $177,970 $124,579 $53,391
2018 $2,205 $174,683 $122,278 $52,405
2017 $2,156 $174,784 $122,349 $52,435
2016 $1,892 $149,648 $104,754 $44,894
2015 $1,780 $139,217 $97,452 $41,765
2014 $1,740 $136,298 $95,409 $40,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16105662

California Regional Multiple Listing Service (CRMLS)

APN: 386-133-14