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1290 Ponderosa Avenue

1290 Ponderosa Avenue, Brea, CA 92821
Property in Orange
Sold Jun 07, 2021
$900,000
$540,000 by Mk Lending Corp
Mortgage Due Jul 01, 2051
Sold Jul 29, 2016
$540,000
$512,050 by Nmsi Inc
Mortgage Due Aug 01, 2046
1290 Ponderosa Avenue in Brea, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1290 Ponderosa Avenue has 1,434 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 7,344 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 399 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1290 Ponderosa Avenue sold most recently in May 27, 2021 for a total of $900,000. If you work out the math, that's approximately a cost of $627.62 per sqft. Before that, the property was also sold for $540,000 in Jun 10, 2016. 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 $10,563 in taxes each year. 1290 Ponderosa Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $936,360. If we break it down further, the land itself was valued at $852,348. Improvements to the property, however, were assessed at a total of $84,012. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,344
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,434
  • Gross Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,434
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4802
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 4802 BLK LOT 156

Ownership

  • Current Owner : KIM ANDREW Y
  • Current Owner 2: KIM JOSEPHINE S
  • Previous Owner : OH DAE JIN
  • Previous Owner 2: OH ESTER J
  • Owner Before Previous Owner: GROVE DAVID
  • Owner Before Previous Owner 2: GROVE DEBORAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Brea-Olinda Unified School District
  • Census Tract: 001506

Geography

  • Assessors Map Reference: 2-E4
  • Subdivision Tract Number: 4802
  • Parcel: 304-072-05
  • Lot: 156
  • Latitude: 33.9363
  • Longitude: -117.897

    Address

  • Full Address: 1290 Ponderosa Ave
  • Address - House Number: 1290
  • Address - Street Name: Ponderosa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Brea
  • Carrier Code: C022
  • 4-Digit Zip Code: 2522
  • Zip Code: 92821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,563
  • Tax Rate Code Area: 02-003

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,116,947
  • High Value: 1,327,444
  • Low Value: 906,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: MK LENDING CORP
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $540,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $936,360
  • Assessed Land Value: $852,348
  • Assessed Improvements Value: $84,012

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837995898
  • Current Sale Price: $900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000378111
  • Previous Sale Recording Date: Jul 29, 2016
  • Previous Sale Contract Date: Jun 10, 2016
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MK LENDING CORP
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NMSI INC
  • Previous Mortgage Transaction Date: Jul 29, 2016
  • Previous Mortgage Loan Amount: $512,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Brea



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Frequently Asked Questions

What neighborhood is 1290 Ponderosa Avenue located in?
The 1290 Ponderosa Avenue is a located in the neighborhood of Orange in Brea, Brea.
What is the average sales price for listings in 1290 Ponderosa Avenue?
The average sales price for units in 1290 Ponderosa Avenue is $0 currently.

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