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123 Iron Gate

123 Iron Gate, Buena Park, CA 90622
Property in Orange
Sold May 11, 2017
$2,803,000
$1,541,000 by Ctbc Bank Corp Usa
Mortgage Due Jun 01, 2047
Local assessors in Buena Park, CA have categorized 123 Iron Gate as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 7,434 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 123 Iron Gate has a total of 5,085 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 458 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 123 Iron Gate sold most recently in Apr 28, 2017 for a total of $2,803,000. If you work out the math, that's approximately a cost of $551.23 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 $35,856 in taxes each year. 123 Iron Gate was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,126,797. If we break it down further, the land itself was valued at $1,823,485. Improvements to the property, however, were assessed at a total of $1,303,312. The property's total assessed value has been marked as more than the total market value 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!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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 458
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,434
  • Total Building Area: 5,085
  • Building Area: 5,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,085
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 17028 BLK LOT 6

Ownership

  • Current Owner : GONG XIAOKANG
  • Current Owner 2: LU YE
  • Previous Owner : TOLL CA IV LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Irvine Unified School District
  • Census Tract: 062653

Geography

  • Subdivision Tract Number: 17028
  • Parcel: 586-031-07
  • Lot: 6
  • Latitude: 33.6352
  • Longitude: -117.755

    Address

  • Full Address: 123 Iron Gate
  • Address - House Number: 123
  • Address - Street Name: Iron Gate
  • State: CA
  • City Name: Irvine
  • Carrier Code: C051
  • 4-Digit Zip Code: 4811
  • Zip Code: 92618

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,856
  • Tax Rate Code Area: 26-093

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 3,537,176
  • High Value: 4,188,099
  • Low Value: 2,886,253

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,541,000
  • First Open Lien Mortgage Lender: CTBC BANK CORP USA
  • First Open Lien Mortgage Recording Date: May 11, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,541,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,126,797
  • Assessed Land Value: $1,823,485
  • Assessed Improvements Value: $1,303,312

    Sales

  • Current Sale Contract Date: Apr 28, 2017
  • Current Sale Recording Date: May 11, 2017
  • Current Sale Transaction ID: 1811888516
  • Current Sale Price: $2,803,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017000193417

    Last Sale Mortgage

  • First Mortgage Lender: CTBC BANK CORP USA
  • First Mortgage Transaction Date: May 11, 2017
  • First Mortgage Loan Amount: $1,541,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 123 Iron Gate located in?
The 123 Iron Gate is a located in the neighborhood of Orange in Irvine, Buena Park.
What is the average sales price for listings in 123 Iron Gate?
The average sales price for units in 123 Iron Gate is $0 currently.

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