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1169 Spencer Lane

1169 Spencer Lane, Fullerton, CA 92833
Property in Orange
Sold Feb 06, 2018
$780,000
$455,000 by Mega Capital Funding Inc
Mortgage Due Jun 01, 2050
Sold Aug 12, 2016
$700,000
Buyer
Seller
1169 Spencer Lane has been categorized by the local assessors in Fullerton, CA as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1169 Spencer Lane has 2,123 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 2,164 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 405 sqft. According to our sources, there are a total of 2 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1169 Spencer Lane was last sold in Jan 9, 2018 for $780,000. According to our calculations, that's $367.40 per sqft. Prior to that sales transaction, the property was sold for $700,000 in Aug 8, 2016. Current property owners are expected to pay $13,351 in taxes per year. The property on 1169 Spencer Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $853,043. To break that down further, the land itself was valued at $482,598. While improvements to the property were assessed at a total of $370,445. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 405
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,164
  • Total Building Area: 2,123
  • Building Area: 2,123
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,123
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 17424
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17424 BLK LOT 50

Ownership

  • Current Owner : BANG STEVE
  • Current Owner 2: BANG ELLIE
  • Previous Owner : KURMI LLC
  • Owner Before Previous Owner: JI ASHLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 001704

Geography

  • Subdivision Tract Number: 17424
  • Parcel: 280-452-39
  • Lot: 50
  • Latitude: 33.8804
  • Longitude: -117.957

    Address

  • Full Address: 1169 Spencer Ln
  • Address - House Number: 1169
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Fullerton
  • Carrier Code: C014
  • 4-Digit Zip Code: 5778
  • Zip Code: 92833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,351
  • Tax Rate Code Area: 03-003

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 79
  • Final Value: 1,183,241
  • High Value: 1,378,744
  • Low Value: 987,739

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $455,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $455,000
  • 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: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $853,043
  • Assessed Land Value: $482,598
  • Assessed Improvements Value: $370,445

    Sales

  • Current Sale Contract Date: Jan 09, 2018
  • Current Sale Recording Date: Feb 06, 2018
  • Current Sale Transaction ID: 11393522865
  • Current Sale Price: $780,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000042352
  • Previous Sale Recording Date: Aug 12, 2016
  • Previous Sale Contract Date: Aug 08, 2016
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 06, 2018
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2048

About Fullerton



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Frequently Asked Questions

What neighborhood is 1169 Spencer Lane located in?
The 1169 Spencer Lane is a located in the neighborhood of Orange in Fullerton, Fullerton.
What is the average sales price for listings in 1169 Spencer Lane?
The average sales price for units in 1169 Spencer Lane is $0 currently.

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