NOT LISTED FOR SALE

8701 Palm Ave Orange, CA 92865

Estimated Value: $906,000 - $1,142,000

3 Beds
3 Baths
1,637 Sq Ft
$636/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $725,000 $443 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,171/month

37 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Property is near park
  • Villa Park High School Rated A
  • Deck
  • 5-minute walk to Eisenhower Park and Lake

About This Home

As of March 2018

Two separate homes on one lot: 8701 Palm is a single story 2 BR 2 BA detached home built in 1927 with gorgeous hardwood floors and original tile fireplace hearth. Gas stove and granite counters complete the kitchen, and separate laundry room off kitchen. Living room features original built-in shelves, fold-down desk, ceiling fan, and dramatic archways. Many of the original wood interior doors feature crystal door knobs. Granite counters in both bathrooms, and both bedrooms have ceiling fans. Second bedroom features walk-in cedar lined closet. Tankless water heater saves water and energy. Large wood-covered rustic front porch with swing and built-in bench are ideal for just sitting and watching the world go by…8705 Palm is a separate 1 BR 1 BA apartment on top of the detached two-car garage in the backyard with a complete separate entry and driveway off Main Street. Ideal for separate in-law quarters, maids quarters, home office, or rental property (current use, and existing tenant would like to stay!). Kitchen features a gas stove, ceiling fan, stainless steel sink, and natural wood cabinets. Bedroom features ceiling fan and European style heating & A/C unit (ductless wall mount split heat & A/C) mounted high on the wall out of the way. Large wood balcony with room for small table and chairs to sit and enjoy fresh air. Separate storage area is located underneath the apartment, and the garage has laundry hookups to service this apartment. Close to 55 & 91 freeways

Last Agent to Sell the Property

Jon Polentz

JP Real Estate Services, Inc. License #00894885 Listed on: 12/19/2017

Last Buyer's Agent

Outside Agent

Outside Office License #0

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • RV Access or Parking

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • Two Homes on a Lot
  • Property is near park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 527
  • Assessor Parcel Number 36037301

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 36037301
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1637.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 442.88
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Granite Counters
  • Room Kitchen Features: Formica Counters, Granite Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Two On A Lot
  • Patio And Porch Features: Covered, Deck, Front Porch, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Two Door, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Central, Forced Air, Electric
  • Laundry Features: In Garage, Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby
  • Lot Size Sq Ft: 6534.00

Multi Family

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

Tax Info

  • Tax Census Tract: 762.02
  • Tax Lot: 1
  • Tax Tract Number: 527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 2, 2018
Sold by
Ashton Karin S and Ashton Nicole K
Bought by
Cruz Margarita
Seller's Agent
Jon Polentz
JP Real Estate Services, Inc.
Buyer's Agent
Outside Agent
Outside Office
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%
Current Estimated Value
$1,041,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,460
Avg. Annual Appreciation
4.71%
Original Mortgage
$580,000
Outstanding Balance
$494,014
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$547,446

Purchase Details

Closed on
Apr 26, 2012
Sold by
Ashton Karin S and Ashton Nicole K
Bought by
Ashton Karin S and Ashton Nicole K

Purchase Details

Closed on
May 3, 2011
Sold by
Ashton Karin S
Bought by
Ashton Karin S and Ashton Nicole K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2011
Sold by
Smith Scott
Bought by
Ashton Karin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2011
Sold by
Financial Fitness Llc
Bought by
Smith Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Gorman Glenn P
Bought by
Financial Fitness Llc

Purchase Details

Closed on
Jul 28, 2003
Sold by
Jacobsen Victoria Ann
Bought by
Gorman Glenn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2000
Sold by
Kolbo Dawn M
Bought by
Jacobsen Eugene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
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
Cruz Margarita $725,000 Chicago Title Co
Ashton Karin S -- Accommodation
Ashton Karin S -- None Available
Ashton Karin S $419,000 None Available
Smith Scott -- None Available
Financial Fitness Llc $292,000 None Available
Gorman Glenn P $364,000 Commonwealth
Jacobsen Eugene C $350,000 Orange Coast Title
Jacobsen Eugene C -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Margarita $580,000
Previous Owner Ashton Karin S $314,250
Previous Owner Gorman Glenn P $291,200
Previous Owner Jacobsen Eugene C $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $725,000 -0.7% $443 / Sq Ft
03/01/2018 03/01/18 Price Changed $729,900 -0.7% $446 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $735,000 -- $449 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,018 $824,923 $702,500 $122,423
2024 $9,018 $808,749 $688,726 $120,023
2023 $8,817 $792,892 $675,222 $117,670
2022 $8,644 $777,346 $661,983 $115,363
2021 $8,403 $762,104 $649,003 $113,101
2020 $8,325 $754,290 $642,348 $111,942
2019 $8,219 $739,500 $629,752 $109,748
2018 $5,485 $471,785 $364,055 $107,730
2017 $5,263 $462,535 $356,917 $105,618
2016 $5,163 $453,466 $349,918 $103,548
2015 $5,088 $446,655 $344,662 $101,993
2014 $4,804 $420,902 $324,787 $96,115
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jon Polentz

    JP Real Estate Services, Inc.

    Section Image

  • O

    Buyer's Agent in 2018

    Outside Agent

    Outside Office

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17277767

California Regional Multiple Listing Service (CRMLS)

APN: 360-373-01

California Orange County Orange 92865

8701 Palm Ave, Orange, CA

Not Listed for Sale

Detached

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