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1125 West Fay Lane

1125 West Fay Lane, Anaheim, CA 92805
Property in The Colony
Sold Aug 31, 2023
$2,920,000
$1,390,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Nov 24, 2020
$2,845,000
$1,595,000 by Homestreet Bank
Mortgage
1125 West Fay Lane has been categorized by the local assessors in Anaheim, CA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The building has a total of 2 stories. In addition, 1125 West Fay Lane has 4,878 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,330 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,082 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 carport for those who require parking. The property was last sold in Jun 23, 2023 for $2,920,000. That's $598.61 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2020 for $2,845,000. 1125 West Fay Lane was last assessed in 2023. The total value of the property was assessed at $1,479,969. Specifically, the land the property is located on was valued at $1,271,889. While improvements on the property were assessed at a total of $208,080. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $17,806. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,082
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,878
  • Gross Building Area: 4,878
  • Building Area: 4,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1607
  • Land Acres: 0.186
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 1607 BLK LOT 12

Ownership

  • Current Owner : 1121 W FAY LN PROPERTY MANAGEMENT LLC
  • Previous Owner : GOEKE FAMILY TRUST
  • Owner Before Previous Owner: DU SHOUJEN DANIEL
  • Owner Before Previous Owner 2: LI CHRISTIE ZHENG
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Anaheim Elementary School District
  • Census Tract: 087200

Geography

  • Assessors Map Reference: 11-C4
  • Subdivision Tract Number: 1607
  • Parcel: 036-082-15
  • Lot: 12
  • Latitude: 33.8293
  • Longitude: -117.927

    Address

  • Full Address: 1125 W Fay Ln
  • Address - House Number: 1125
  • Street Direction: W
  • Address - Street Name: Fay
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Anaheim
  • Carrier Code: C031
  • 4-Digit Zip Code: 3535
  • Zip Code: 92805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,806
  • Tax Rate Code Area: 01-001

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 1,509,247
  • High Value: 2,070,942
  • Low Value: 947,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,390,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 31, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,390,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,479,969
  • Assessed Land Value: $1,271,889
  • Assessed Improvements Value: $208,080

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Transaction ID: 11911999060
  • Current Sale Price: $2,920,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 212960
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Sep 14, 2020
  • Previous Sale Amount: $2,845,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 31, 2023
  • First Mortgage Loan Amount: $1,390,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: Nov 24, 2020
  • Previous Mortgage Loan Amount: $1,595,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About The Colony



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Frequently Asked Questions

What neighborhood is 1125 West Fay Lane located in?
The 1125 West Fay Lane is a located in the neighborhood of The Colony in The Colony, Anaheim.
What is the average sales price for listings in 1125 West Fay Lane?
The average sales price for units in 1125 West Fay Lane is $0 currently.

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