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12121 Marlowe Drive

12121 Marlowe Drive, Garden Grove, CA 92841
Property in Garden Grove
Sold Apr 07, 2023
$790,000
$632,000 by Kinecta Federal Credit Union
Mortgage Due May 01, 2053
12121 Marlowe Drive has been categorized by the local assessors in Garden Grove, CA as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12121 Marlowe Drive has 1,870 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 6,050 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 477 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. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 12121 Marlowe Drive sold most recently in Feb 23, 2023 for a total of $790,000. If you work out the math, that's approximately a cost of $422.46 per sqft. 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 $1,664 in taxes each year. 12121 Marlowe Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,351. If we break it down further, the land itself was valued at $35,349. Improvements to the property, however, were assessed at a total of $78,002. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 477
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,050
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 6135
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 6135 BLK LOT 27 TR 6135 LOT 27 TOGETHER WITH AN UND 1/58 INT IN

Ownership

  • Current Owner : LY CATHERINE
  • Current Owner 2: LY HUNG
  • Previous Owner : DONOVAN FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Garden Grove Unified School District
  • Census Tract: 088105

Geography

  • Assessors Map Reference: 15-E3
  • Subdivision Tract Number: 6135
  • Parcel: 133-082-39
  • Lot: 27
  • Latitude: 33.7868
  • Longitude: -117.97

    Address

  • Full Address: 12121 Marlowe Dr
  • Address - House Number: 12121
  • Address - Street Name: Marlowe
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Garden Grove
  • Carrier Code: C024
  • 4-Digit Zip Code: 3434
  • Zip Code: 92841

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,664
  • Tax Rate Code Area: 18-008

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 828,256
  • High Value: 985,889
  • Low Value: 670,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $632,000
  • First Open Lien Mortgage Lender: KINECTA FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 07, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $632,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,351
  • Assessed Land Value: $35,349
  • Assessed Improvements Value: $78,002

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Transaction ID: 11905100167
  • Current Sale Price: $790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 79902

    Last Sale Mortgage

  • First Mortgage Lender: KINECTA FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Apr 07, 2023
  • First Mortgage Loan Amount: $632,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Garden Grove



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Frequently Asked Questions

What neighborhood is 12121 Marlowe Drive located in?
The 12121 Marlowe Drive is a located in the neighborhood of Garden Grove in Garden Grove, Garden Grove.
What is the average sales price for listings in 12121 Marlowe Drive?
The average sales price for units in 12121 Marlowe Drive is $0 currently.

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