NOT LISTED FOR SALE

8581 Stanford Ave Garden Grove, CA 92841

Estimated Value: $890,000 - $1,042,000

0.2 Acre
$4,924,121 Price per Acre
8,550 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $825,000 $1,086 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,082/month

29 Days on Market

About This Lot

As of December 2021

Investors and Developer special! The lot has a preliminary approval from the city of Garden Grove to build a duplex and 2 ADUs. Duplex A - Total 1,934 sqft with 493 sqft 2 car garage). Duplex B - Total 1922 sqft with 496 garage space). ADU1 is approved for 527 sqft , ADU2 is approved for 459 sqft. There is a small house of 760 Sqft ( 2 bedroom 1 bath) and a ~ 150sqft workshop in the backyard. See Attached PDF file for enlarged views of each site / floor plans. SOLD " AS IS " Buyer and Buyer's agent to perform their own due diligence on all aspects of the property. Broker and Broker's Agents do not represent or guarantee accuracy of the square footage, permitted or unpermitted space, bd/ba count, lot size/dimensions, schools, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection & w/ appropriate professionals to satisfy themselves. Please email the listing agent directly.

Last Agent to Sell the Property

Jamie Park

Jamie Park License #01896243 Listed on: 10/06/2021

Last Buyer's Agent

Karen Ngoc Lang Luu

Century Financial Group, Corp. License #01426053

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,184

Lot Details

  • 8,550 Sq Ft Lot
  • Lot Dimensions are 57 x 151
  • Property is zoned R3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 215-091-19

Property Details

Property Type

Land

Est. Annual Taxes

$11,184

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.1963
  • Lot Dimensions: 57 x 151
  • Probate: No
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 215-091-19
  • Lot Size Area: 8550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 7, 2021
Sold by
Luu Nhu Quyen
Bought by
Trieu Danny
Seller's Agent
Jamie Park
Jamie Park
Buyer's Agent
Karen Ngoc Lang Luu
Century Financial Group, Corp.
List Price
$800,000
Sold Price
$825,000
Premium/Discount to List
$25,000
3.12%
Current Estimated Value
$966,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,605
Avg. Annual Appreciation
4.52%
Original Mortgage
$570,000
Outstanding Balance
$525,326
Interest Rate
3.11%
Estimated Equity
$448,435

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 6, 2021
Sold by
Le Luan Duy
Bought by
Trieu Jenny
Seller's Agent
Jamie Park
Jamie Park
Buyer's Agent
Karen Ngoc Lang Luu
Century Financial Group, Corp.
List Price
$800,000
Sold Price
$825,000
Premium/Discount to List
$25,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$525,326
Interest Rate
3.11%
Estimated Equity
$448,435

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 10, 2021
Sold by
Chen Joseph H and Park Jamie L
Bought by
Trieu Danny and Trieu Jenny
Seller's Agent
Jamie Park
Jamie Park
Buyer's Agent
Karen Ngoc Lang Luu
Century Financial Group, Corp.
List Price
$800,000
Sold Price
$825,000
Premium/Discount to List
$25,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$525,326
Interest Rate
3.11%
Estimated Equity
$448,435

Purchase Details

Listed on
Dec 1, 2015
Closed on
May 2, 2016
Sold by
Parker Regina Ruth
Bought by
Chen Joseph H and Park Jamie J
Seller's Agent
Eduardo Vargas
Seven Gables Real Estate
Buyer's Agent
Jamie Park
Jamie Park
List Price
$460,000
Sold Price
$429,562
Premium/Discount to List
-$30,438
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$322,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2003
Sold by
Newlun Beverly R and Spooner Beverly
Bought by
Spooner Robert L and Newlun Beverly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Trieu Danny -- Usa National Title Co
Trieu Jenny -- Usa National Title Co
Trieu Danny $825,000 Usa National Title Co
Chen Joseph H $435,000 First American Title
Spooner Robert L -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Jenny $570,000
Closed Trieu Danny $570,000
Previous Owner Chen Joseph H $322,000
Previous Owner Parker Regina R $0
Previous Owner Parker Regina R $28,900
Previous Owner Spooner Robert L $125,000
Previous Owner Spooner Robert L $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $825,000 0.0% $1,086 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $825,000 +3.1% $1,086 / Sq Ft
10/06/2021 10/06/21 For Sale $800,000 +86.2% $1,053 / Sq Ft
05/06/2016 05/06/16 Sold $429,562 -0.1% $565 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/04/2016 01/04/16 Price Changed $429,900 -6.5% $566 / Sq Ft
12/01/2015 12/01/15 For Sale $460,000 0.0% $605 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/14/2015 11/14/15 Price Changed $460,000 -2.1% $605 / Sq Ft
10/21/2015 10/21/15 For Sale $470,000 -- $618 / Sq Ft
Source: The MLS

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 $11,184 $875,496 $845,163 $30,333
2024 $11,184 $858,330 $828,591 $29,739
2023 $10,326 $841,500 $812,344 $29,156
2022 $10,109 $825,000 $796,415 $28,585
2021 $5,972 $469,788 $442,243 $27,545
2020 $5,893 $464,971 $437,708 $27,263
2019 $5,779 $455,854 $429,125 $26,729
2018 $5,664 $446,916 $420,711 $26,205
2017 $5,586 $438,153 $412,461 $25,692
2016 $770 $34,786 $19,659 $15,127
2015 $679 $34,264 $19,364 $14,900
2014 $662 $33,593 $18,984 $14,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-792334

The MLS

APN: 215-091-19