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12221 Lorna Street

12221 Lorna Street, Garden Grove, CA 92841
Property in Garden Grove
Sold Jan 02, 2018
$710,000
$367,000 by Mega Capital Funding Inc
Mortgage Due Nov 01, 2051
Local assessors in Garden Grove, CA have categorized 12221 Lorna Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12221 Lorna Street has a total of 2,774 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asbestos. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 12221 Lorna Street was last sold in Oct 3, 2017 for $710,000. According to our calculations, that's $255.95 per sqft. Current property owners are expected to pay $8,956 in taxes per year. The property on 12221 Lorna Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $776,487. To break that down further, the land itself was valued at $646,731. While improvements to the property were assessed at a total of $129,756. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asbestos
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,774
  • Building Area: 2,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1861
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1861 BLK LOT 65

Ownership

  • Current Owner : NGUYEN TUYEN THANH
  • Previous Owner : JORTUER NBENEDICTO B

Neighborhood

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

Geography

  • Assessors Map Reference: 15-D3
  • Subdivision Tract Number: 1861
  • Parcel: 215-053-10
  • Lot: 65
  • Latitude: 33.7851
  • Longitude: -117.981

    Address

  • Full Address: 12221 Lorna St
  • Address - House Number: 12221
  • Address - Street Name: Lorna
  • Address - Suffix Type: St
  • State: CA
  • City Name: Garden Grove
  • Carrier Code: C013
  • 4-Digit Zip Code: 3237
  • Zip Code: 92841

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,956
  • Tax Rate Code Area: 18-403

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,057,719
  • High Value: 1,244,480
  • Low Value: 870,958

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $367,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $776,487
  • Assessed Land Value: $646,731
  • Assessed Improvements Value: $129,756

    Sales

  • Current Sale Contract Date: Oct 03, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Transaction ID: 11347151092
  • Current Sale Price: $710,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000000713

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Jan 02, 2018
  • First Mortgage Loan Amount: $390,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 12221 Lorna Street located in?
The 12221 Lorna Street is a located in the neighborhood of Garden Grove in Garden Grove, Garden Grove.
What is the average sales price for listings in 12221 Lorna Street?
The average sales price for units in 12221 Lorna Street is $0 currently.

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