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10953 Meridian Drive

10953 Meridian Drive, Cypress, CA 90630
Property in Cypress
Local assessors in Cypress, CA have categorized 10953 Meridian Drive as a commercial type of property. The property's lot size has been calculated to be 31,263 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 10953 Meridian Drive sold most recently in Sep 2, 2020 for a total of $12,946,000. Before that, the property was also sold for $8,460,000 in Mar 1, 2017. 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 $160,701 in taxes each year. 10953 Meridian Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,469,018. If we break it down further, the land itself was valued at $11,440,238. Improvements to the property, however, were assessed at a total of $2,028,780. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Business/Commerical Units Count: 14
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,263
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PARCEL MAP 86-177
  • Land Acres: 0.718
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: P BK 213 PG 9 PAR 3

Ownership

  • Current Owner : YS PROPERTIES LLC
  • Previous Owner : KIM PAUL K
  • Previous Owner 2: KIM LISA
  • Owner Before Previous Owner: CYPRESS GROUP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garden Grove Unified School District
  • Census Tract: 110113

Geography

  • Assessors Map Reference: 15-A1
  • Parcel: 134-452-12
  • Lot: 3
  • Latitude: 33.8038
  • Longitude: -118.015

    Address

  • Full Address: 10953 Meridian Dr
  • Address - House Number: 10953
  • Address - Street Name: Meridian
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Cypress
  • Carrier Code: C030
  • 4-Digit Zip Code: 5143
  • Zip Code: 90630

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $160,701
  • Tax Rate Code Area: 19-025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,302,000
  • First Open Lien Mortgage Lender: WOORI AMERICA BANK
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Loan Amount: $7,302,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,469,018
  • Assessed Land Value: $11,440,238
  • Assessed Improvements Value: $2,028,780

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11807638559
  • Current Sale Price: $12,946,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000729118
  • Previous Sale Recording Date: Mar 15, 2017
  • Previous Sale Contract Date: Mar 01, 2017
  • Previous Sale Amount: $8,460,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOORI AMERICA BANK
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $7,302,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BBCN BANK
  • Previous Mortgage Transaction Date: Mar 15, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $5,830,000
  • Previous Mortgage Loan Type: Commercial

About Cypress



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Frequently Asked Questions

What neighborhood is 10953 Meridian Drive located in?
The 10953 Meridian Drive is a located in the neighborhood of Cypress in Cypress, Cypress.
What is the average sales price for listings in 10953 Meridian Drive?
The average sales price for units in 10953 Meridian Drive is $0 currently.

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