NOT LISTED FOR SALE

8672 Lomay Ave Garden Grove, CA 92844

Estimated Value: $1,221,436 - $1,310,000

5 Beds
5 Baths
2,065 Sq Ft
$613/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $735,000 $356 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,536/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Warner Middle Rated A-
  • Gated Parking
  • No HOA

About This Home

As of March 2018

We are pleased to present this excellent pride of ownership INVESTOR OPPORTUNITY or also will be perfect for an owner/user located in the city of Garden Grove a wonderful quiet & prime location in Little Saigon area close to freeways, schools and shopping centers.

Ideal for an investor seeking a top quality truly turnkey, live in the front “Charming Owner's Unit” with 3 bedrooms (of the three 2 are master bedrooms) and 2 baths which consist of a family room, living room, central AC and heating, granite kitchen countertop, dual pane windows, two tone painting, recess lighting, and beautiful laminate flooring thru-out. The dual master suites out back each have their own walk in closet with separate entrance can easily be a separate rental investment. Step outback awaits a large driveway which can accommodate up to 5 cars or possible RV parking with remote controlled security gate access adjacent to a two-car enclosed garage. Also, there are plenty of fruit trees like guava, longan, tangerine, orange, pomelo, jujube and Vietnamese plum & sugar apple.

Last Agent to Sell the Property

Robert Pham

SoCal AllOffers License #01260971 Listed on: 01/04/2018

Co-Listed By

Angie Nguyen

SoCal AllOffers License #01430602

Last Buyer's Agent

Kaitlyn Nguyen

Advance Estate Realty License #01317864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,546

Year Built

  • Built in 1955

Lot Details

  • 7,605

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Gated Parking
  • RV Access or Parking

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Bonus Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Converted Bedroom

Additional Features

  • Exterior Lighting
  • 7,605 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 2420
  • Assessor Parcel Number 09743316

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,546

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 09743316
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2065.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Bonus Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 355.93
  • Room Type: All Bedrooms Down, Converted Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Two Door, Garage Door Opener, Gated, RV Access/Parking, RV Gated, RV Potential
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7605.00

Multi Family

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

Tax Info

  • Tax Census Tract: 888.02
  • Tax Lot: 69
  • Tax Tract Number: 2420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2021
Sold by
Vu Jasmine
Bought by
Vu Jasmine and Nguyen Damon C
Current Estimated Value
$1,265,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$421,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$844,609

Purchase Details

Listed on
Jan 4, 2018
Closed on
Feb 27, 2018
Sold by
Pham Timothy T and Nguyen Thai Uyen T
Bought by
Vu Jasmine
Seller's Agent
Robert Pham
SoCal AllOffers
Buyer's Agent
Kaitlyn Nguyen
Advance Estate Realty
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$490,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2015
Sold by
Pham Timothy T and Nguyen Thai Uyen T
Bought by
Pham Timothy T and Nguyen Thai Uyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
Pham Timothy Tung and Pham Thai Uyen T
Bought by
Pham Timothy T and Nguyen Thai Uyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2013
Sold by
Pham Timothy Tung and Nguyen Thai Uyen T
Bought by
Pham Timothy Tung and Nguyen Thai Uyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Nguyen Hanh
Bought by
Pham Timothy Tung and Nguyen Thai Uyen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2004
Sold by
Vu Phi Hung
Bought by
Nguyen Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Nguyen Hanh
Bought by
Vu Phi Hung

Purchase Details

Closed on
Jun 14, 2001
Sold by
Nguyen Hanh
Bought by
Vu Phi Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
7.14%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Vu Phi Hung and Nguyen Hanh
Bought by
Nguyen Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
7.14%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Burks Patricia L and Burks James V
Bought by
Vu Phi Hung and Nguyen Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
7.98%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Vu Jasmine -- Servicelink
Vu Jasmine $735,000 Wfg National Title Co
Pham Timothy T -- None Available
Pham Timothy T -- Ortc
Pham Timothy Tung -- First American Title
Pham Timothy Tung $610,000 United Title Company
Nguyen Hanh -- Orange Coast Title
Vu Phi Hung -- --
Vu Phi Hung -- American Title Co
Nguyen Hanh -- American Title Co
Vu Phi Hung $237,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Jasmine $465,000
Closed Vu Jasmine $490,000
Previous Owner Pham Timothy T $433,000
Previous Owner Pham Timothy Tung $444,000
Previous Owner Pham Timothy Tung $488,000
Previous Owner Nguyen Hanh $310,000
Previous Owner Nguyen Hanh $203,500
Previous Owner Vu Phi Hung $237,000
Closed Vu Phi Hung $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $735,000 -2.0% $356 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $750,000 -- $363 / 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 $10,546 $836,303 $684,798 $151,505
2024 $10,546 $819,905 $671,370 $148,535
2023 $10,195 $803,829 $658,206 $145,623
2022 $10,033 $788,068 $645,300 $142,768
2021 $9,817 $772,616 $632,647 $139,969
2020 $9,701 $764,694 $626,160 $138,534
2019 $9,544 $749,700 $613,882 $135,818
2018 $8,682 $665,040 $525,154 $139,886
2017 $8,353 $652,000 $514,856 $137,144
2016 $7,690 $610,165 $473,021 $137,144
2015 $7,473 $601,000 $465,916 $135,084
2014 $6,933 $556,800 $421,716 $135,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18001825

California Regional Multiple Listing Service (CRMLS)

APN: 097-433-16