NOT LISTED FOR SALE

973 S Melrose St Placentia, CA 92870

Estimated Value: $701,000 - $844,000

2 Beds
2 Baths
880 Sq Ft
$845/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $635,000 $722 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,537/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Valencia High School Rated A+
  • Laundry Room
  • 2-minute walk to McFadden Park

About This Home

As of October 2023

Newly-remodeled 2 bedroom, 2 bath home for rent in convenient location of Placentia!
Freshly renovated kitchen and bathrooms with new flooring and paint, you will be the first to enjoy the new upgrades. Spacious remodeled kitchen with quartz counter top and new sink. New Samsung microwave, stove, and dishwasher. (Fridge not included.) Brand new master bath addition with tasteful glass shower. Newly added recessed LED lighting all around the house. Convenient laundry hook-up area. Spacious backyard with room for entertainment or extra parking plus long gated driveway.

Conveniently across the street from Melrose Elementary School and one block away from Valdez Middle School Academy part of desirable Placentia-Yorba Linda School district, perfect for families with young students!
Also conveniently located off the 57 and 91 freeway.
5 min from Cal State Fullerton, 10 min from Fullerton College, 12 min from Chapman University, 15 min from Disneyland.

Application Requirements: Must have good credit scores. Background check. First month's rent and security deposit due at signing

Last Agent to Rent the Property

Ryan Tan

Circa Properties, Inc. License #02008954 Listed on: 08/15/2023

Circa Properties, Inc.

Last Renter's Agent

Ryan Tan

Circa Properties, Inc. License #02008954 Listed on: 08/15/2023

Circa Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,742

Year Built

  • Built in 1929

Lot Details

  • 4,200 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/15/23
  • Legal Lot and Block 3 / 8
  • Tax Tract Number 295
  • Assessor Parcel Number 34416321

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,742

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2023-08-15
  • Credit Check Paid By: Tenant
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 34416321
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 880.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.41
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4200.00
  • Lot Size Acres: 0.0964

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4200.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 117.20
  • Tax Lot: 3
  • Tax Tract Number: 295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Lee Joshua
Bought by
Ml Lee Family Trust and Lee
Current Estimated Value
$743,620

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 7, 2023
Sold by
Clayton Sean and Clayton Donna
Bought by
Lee Joshua
Seller's Agent
Rex Riffel
Express Real Estate Group
Buyer's Agent
Ryan Tan
Circa Properties, Inc.
List Price
$595,000
Sold Price
$635,000
Premium/Discount to List
$40,000
6.72%
Views
343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$635,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2016
Closed on
Aug 26, 2016
Sold by
Ayala Irma S
Bought by
Clayton Sean and Clayton Donna
Seller's Agent
CESAR TOVAR
Incline Realty
Buyer's Agent
Lisa Ancich
Compass Newport Beach
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$346,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1997
Sold by
Ayala Frank C and Ayala Francisco C
Bought by
Ayala Francisco C and Ayala Irma S
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
Ml Lee Family Trust -- None Listed On Document
Lee Joshua $635,000 Ticor Title
Clayton Sean $385,000 Pacific Coast Title Company
Ayala Francisco C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Joshua $635,000
Previous Owner Clayton Sean $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2023 10/01/23 Rented $3,000 -6.3% --
08/15/2023 08/15/23 For Rent $3,200 0.0% --
04/12/2023 04/12/23 Sold $635,000 0.0% $483 / Sq Ft View Prior Sale
03/22/2023 03/22/23 Price Changed $635,000 +6.0% $483 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/18/2023 03/18/23 Price Changed $598,880 +0.1% $455 / Sq Ft
03/18/2023 03/18/23 Price Changed $598,000 +0.5% $454 / Sq Ft
03/16/2023 03/16/23 For Sale $595,000 +54.5% $452 / Sq Ft
10/19/2016 10/19/16 Sold $385,000 0.0% $438 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $385,000 -- $438 / 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 $7,742 $660,654 $624,240 $36,414
2024 $7,742 $647,700 $612,000 $35,700
2023 $5,512 $440,196 $409,000 $31,196
2022 $5,420 $431,565 $400,980 $30,585
2021 $5,281 $423,103 $393,117 $29,986
2020 $5,297 $418,765 $389,086 $29,679
2019 $5,083 $410,554 $381,456 $29,098
2018 $4,910 $392,700 $373,976 $18,724
2017 $4,827 $385,000 $366,643 $18,357
2016 $869 $22,186 $9,175 $13,011
2015 $853 $21,853 $9,037 $12,816
2014 $838 $21,425 $8,860 $12,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23152015

California Regional Multiple Listing Service (CRMLS)

APN: 344-163-21