Check Availability

109 Orchid Terrace

109 Orchid Terrace, Laguna Hills, CA 92653
Property in Orange
Sold Dec 22, 2021
$4,150,000
$3,093,000 by Royal Pacific Funding Corp
Mortgage Due Jan 01, 2052
Sold Sep 12, 2016
$3,061,000
109 Orchid Terrace has been categorized by the local assessors in Laguna Hills, CA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. In addition, 109 Orchid Terrace has 4,789 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,440 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 459 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 109 Orchid Terrace sold most recently in Nov 5, 2021 for a total of $4,150,000. If you work out the math, that's approximately a cost of $866.57 per sqft. Before that, the property was also sold for $3,061,000 in Aug 11, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $46,887 in taxes each year. 109 Orchid Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,233,000. If we break it down further, the land itself was valued at $2,880,600. Improvements to the property, however, were assessed at a total of $1,352,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 459
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,440
  • Total Building Area: 4,789
  • Building Area: 4,789
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,789
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 17028
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17028 BLK LOT 60

Ownership

  • Current Owner : DAWOOD AMIR NATHAN
  • Current Owner 2: DAWOOD SANDY
  • Previous Owner : CHEN ZENGJIAN
  • Owner Before Previous Owner: TOLL CA IV LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 062653

Geography

  • Subdivision Tract Number: 17028
  • Parcel: 586-051-43
  • Lot: 60
  • Latitude: 33.6327
  • Longitude: -117.755

    Address

  • Full Address: 109 Orchid Ter
  • Address - House Number: 109
  • Address - Street Name: Orchid
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Irvine
  • Carrier Code: C051
  • 4-Digit Zip Code: 4809
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,887
  • Tax Rate Code Area: 26-093

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 4,957,329
  • High Value: 5,812,682
  • Low Value: 4,101,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,093,000
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $3,093,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,233,000
  • Assessed Land Value: $2,880,600
  • Assessed Improvements Value: $1,352,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875672176
  • Current Sale Price: $4,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000765237
  • Previous Sale Recording Date: Sep 12, 2016
  • Previous Sale Contract Date: Aug 11, 2016
  • Previous Sale Amount: $3,061,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $3,093,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About Irvine



Similar Buildings

Property at 109 Orchid Terrace,

22416 Caminito Tecate

  • 1 Unit for Sale
22416 Caminito Tecate, Laguna Hills, CA 92653
Property at 109 Orchid Terrace,

37 Bianco

  • 1 Unit for Sale
37 Bianco, Irvine, CA 92603
Property at 109 Orchid Terrace,

5326 Bahia Blanca West

  • 1 Unit for Sale
5326 Bahia Blanca West, Laguna Woods, CA 92637
Property at 109 Orchid Terrace,

5456 Calle Pico

  • 1 Unit for Sale
5456 Calle Pico, Laguna Woods, CA 92637

Nearby Rentals

Unit for rent at 48 Commonwealth, Irvine, CA, 92618

$5,200 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,363 ft²
48 Commonwealth, Irvine, CA, 92618 Listing by Ming Chen

Frequently Asked Questions

What neighborhood is 109 Orchid Terrace located in?
The 109 Orchid Terrace is a located in the neighborhood of Orange in Irvine, Laguna Hills.
What is the average sales price for listings in 109 Orchid Terrace?
The average sales price for units in 109 Orchid Terrace is $0 currently.

Quantcast