NOT LISTED FOR SALE

8581 Reese Way Midway City, CA 92655

Little Saigon Neighborhood

Estimated Value: $924,000 - $1,064,607

3 Beds
1 Bath
1,257 Sq Ft
$798/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $469,900 $374 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,854/month

36 Days on Market

Highlights

  • No HOA
  • Living Room
  • No Heating
  • Hayden Elementary School Rated A-
  • Level Lot

About This Home

As of January 2014

This home is located at 8581 Reese Way, Midway City, CA 92655 since 05 November 2013 and is currently estimated at $1,003,652, approximately $798 per square foot. This property was built in 1956. 8581 Reese Way is a home located in Orange County with nearby schools including Hayden Elementary School, Warner Middle, and Westminster High School.

Last Agent to Sell the Property

David Khanh Dao

Southland Homes License #00893774 Listed on: 11/05/2013

Last Buyer's Agent

Henry Ong

Cali Home Realty License #01839552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,212

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,257 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09746208

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,212

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 09746208
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1257.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 373.83
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Cao Xuan Trang Thi
Bought by
Cao Xuan Trang Thi and Cao Phuong Tien
Current Estimated Value
$1,003,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$363,970
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$639,682

Purchase Details

Closed on
Jun 4, 2014
Sold by
Vanvantruong Trong Van
Bought by
Cao Xuan Trang Thi

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 10, 2014
Sold by
Pham Loan
Bought by
Vantruong Trong and Cao Xuan Trang Thi
Seller's Agent
David Khanh Dao
Southland Homes
Buyer's Agent
Henry Ong
Cali Home Realty
List Price
$499,900
Sold Price
$469,900
Premium/Discount to List
-$30,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$330,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Oct 7, 2013
Sold by
Ortega Roberto Cerda and Cerda Delia
Bought by
Pham Loan
Seller's Agent
Jorge Sandoval
IRE Investment & Capital Corp
Buyer's Agent
Jorge Sandoval
IRE Investment & Capital Corp
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.91%

Purchase Details

Closed on
Sep 11, 2007
Sold by
Ortega Roberto Cerda and Cerda Roberto
Bought by
Ortega Roberto Cerda and Cerda Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2005
Sold by
Cerda Roberto
Bought by
Cerda Roberto and Cerda Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1996
Sold by
Chabolla Camilo V and Chabolla Dolores O
Bought by
Cerda Roberto and Cerda Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,618
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cao Xuan Trang Thi -- Ticor Title Co Orange Cnty
Cao Xuan Trang Thi -- None Available
Vantruong Trong $470,000 Provident Title Company
Pham Loan $385,000 Provident Title Company
Ortega Roberto Cerda -- North American Title Co
Ortega Roberto Cerda -- North American Title Co
Cerda Roberto -- Chicago Title Company
Cerda Roberto -- Chicago Title Company
Cerda Roberto $134,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Xuan Trang Thi $400,000
Previous Owner Vantruong Trong $330,000
Previous Owner Ortega Roberto Cerda $363,000
Previous Owner Cerda Roberto $330,000
Previous Owner Cerda Roberto $132,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2014 01/17/14 Sold $469,900 -6.0% $374 / Sq Ft
12/13/2013 12/13/13 Price Changed $499,900 +4.2% $398 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
11/25/2013 11/25/13 Price Changed $479,900 -2.0% $382 / Sq Ft
11/15/2013 11/15/13 Price Changed $489,900 -2.0% $390 / Sq Ft
11/05/2013 11/05/13 For Sale $499,900 +29.8% $398 / Sq Ft
10/18/2013 10/18/13 Sold $385,000 0.0% $306 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
09/13/2013 09/13/13 Price Changed $385,000 -2.5% $306 / Sq Ft
09/06/2013 09/06/13 For Sale $395,000 0.0% $314 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/13/2013 08/13/13 Price Changed $395,000 0.0% $314 / Sq Ft
08/13/2013 08/13/13 For Sale $395,000 +1.3% $314 / Sq Ft
08/03/2013 08/03/13 For Sale $390,000 +1.3% $310 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
07/03/2013 07/03/13 Off Market $385,000 -- --
06/28/2013 06/28/13 For Sale $390,000 -- $310 / 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 $7,212 $605,034 $521,963 $83,071
2024 $7,212 $593,171 $511,728 $81,443
2023 $6,967 $581,541 $501,694 $79,847
2022 $6,859 $570,139 $491,857 $78,282
2021 $6,692 $558,960 $482,212 $76,748
2020 $6,613 $553,229 $477,267 $75,962
2019 $6,538 $542,382 $467,909 $74,473
2018 $6,538 $531,748 $458,735 $73,013
2017 $6,291 $521,322 $449,740 $71,582
2016 $6,093 $511,100 $440,921 $70,179
2015 $5,990 $503,423 $434,298 $69,125
2014 $4,758 $385,000 $342,939 $42,061
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Khanh Dao

    Southland Homes

    Section Image

  • H

    Buyer's Agent in 2014

    Henry Ong

    Cali Home Realty

  • J

    Seller's Agent in 2013

    Jorge Sandoval

    IRE Investment & Capital Corp

    (626) 617-2827

    3 Total Sales

    Jorge Sandoval
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13224724

California Regional Multiple Listing Service (CRMLS)

APN: 097-462-08

California Orange County Midway City 92655 Little Saigon

8581 Reese Way, Midway City, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes