$1,090,500
SOLD AUG 28, 2025

740 E Palm Ave Orange, CA 92866

2 Beds
1 Bath
1,140 Sq Ft
4,937 Sq Ft Lot

Recently Sold

$957 Per Sq Ft

12% Below List Price

66 Days on Market

Highlights

  • Updated Kitchen
  • Mediterranean Architecture
  • No HOA
  • Wood Flooring
  • Quartz Countertops
  • Formal Dining Room

About This Home

As of August 2025

Introducing a charming historic home built in 1923, perfectly located within walking distance to the vibrant Old Town area and Chapman University. This inviting two-bedroom, one-bath residence spans 1,140 square feet and is nestled on a spacious 4,937 square foot lot.

Meticulously updated, this home has been completely rewired and replumbed, with a new sewer system in place, ensuring modern convenience while preserving its unique historic charm. You’ll appreciate features that reflect the character of its era, beautifully integrated with today's essential amenities.

The property offers ample outdoor space, ideal for gardening, entertaining, and a perfect viewing spot for the award-winning Christmas lights display each year! With its prime location, you’ll find yourself just moments away from delightful shops, restaurants, and cultural landmarks. This historic gem combines the best of both worlds—timeless elegance and modern comforts, making it a perfect haven for those seeking a unique living experience.

Last Agent to Sell the Property

Juanita Inzunza

Inzunza Partners Brokerage Phone: 714-331-1345 License #01881564 Listed on: 04/18/2025

Last Buyer's Agent

Juanita Inzunza

Inzunza Partners Brokerage Phone: 714-331-1345 License #01881564 Listed on: 04/18/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,937 Sq Ft Lot
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Open Floorplan
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Eat-In Kitchen
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 202
  • Assessor Parcel Number 38608320

Home Details

Home Type

Single Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Building Permit, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 38608320
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1140.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room, In Kitchen, In Living Room, Separated
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 956.58
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames
  • Bathroom Features: Shower, Double Sinks In Bath(s), Remodeled
  • Room Kitchen Features: Kitchenette, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Enclosed
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4937.00
  • Lot Size Acres: 0.1133

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4937.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 759.01
  • Tax Lot: 2
  • Tax Tract Number: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Aug 17, 2025
Sold by
Oc Residential Investments Llc
Bought by
Quinonez Raymond and Quinonez Celida
Seller's Agent
Juanita Inzunza
Inzunza Partners
Buyer's Agent
Juanita Inzunza
Inzunza Partners
List Price
$1,245,000
Sold Price
$1,090,500
Premium/Discount to List
-$154,500
-12.41%
Views
233
Current Estimated Value
$1,082,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,777
Avg. Annual Appreciation
-2.15%
Original Mortgage
$872,400
Outstanding Balance
$869,370
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$213,353

Purchase Details

Listed on
Sep 12, 2024
Closed on
Sep 19, 2024
Sold by
Nancy R Paul Trust and Paul Nancy R
Bought by
Oc Residential Investments Llc
Seller's Agent
Lisa Blanc
Seven Gables Real Estate
Buyer's Agent
Monica Mojarro
New Leaf Realty
List Price
$829,000
Sold Price
$862,500
Premium/Discount to List
$33,500
4.04%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.77%
Original Mortgage
$768,750
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2002
Sold by
Paul Nancy R
Bought by
Paul Nancy R and Nancy R Paul Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Grant Deed $1,090,500 Chicago Title Company
Grant Deed $862,500 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $872,400 New Conventional
Previous Owner $768,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2025 08/28/25 Sold $1,090,500 -0.7% $957 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $1,098,000 -8.3% $963 / Sq Ft
05/21/2025 05/21/25 Price Changed $1,198,000 -3.8% $1,051 / Sq Ft
04/18/2025 04/18/25 For Sale $1,245,000 +44.3% $1,092 / Sq Ft
10/04/2024 10/04/24 Sold $862,500 +4.0% $757 / Sq Ft View Prior Sale
09/18/2024 09/18/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $829,000 -- $727 / 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 $2,320 $862,500 $801,362 $61,138
2024 $2,320 $189,401 $146,803 $42,598
2023 $2,265 $185,688 $143,925 $41,763
2022 $2,217 $182,048 $141,103 $40,945
2021 $2,157 $178,479 $138,336 $40,143
2020 $2,136 $176,649 $136,917 $39,732
2019 $2,111 $173,186 $134,233 $38,953
2018 $2,079 $169,791 $131,601 $38,190
2017 $1,998 $166,462 $129,020 $37,442
2016 $1,960 $163,199 $126,491 $36,708
2015 $1,930 $160,748 $124,591 $36,157
2014 $1,888 $157,600 $122,151 $35,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25079631

California Regional Multiple Listing Service (CRMLS)

APN: 386-083-20