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1407 North Bush Street

1407 North Bush Street, Santa Ana, CA 92701
Property in French Court
Sold Feb 03, 2022
$14,350,000
$9,327,500 by First Foundation Bank
Mortgage Due Mar 01, 2052
Sold Aug 26, 2019
$12,260,000
$7,969,000 by Homestreet Bank
Mortgage
Local assessors in Santa Ana, CA have categorized 1407 North Bush Street as a residential type of property. The property's lot size has been calculated to be 20,213 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style.

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. 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, 1407 North Bush Street was last sold in Sep 9, 2021 for $14,350,000. Prior to that sales transaction, the property was sold for $12,260,000 in Jun 19, 2019. Current property owners are expected to pay $175,329 in taxes per year. The property on 1407 North Bush Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,637,000. To break that down further, the land itself was valued at $10,200,000. While improvements to the property were assessed at a total of $4,437,000. 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

  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 52
  • Business/Commerical Units Count: 52
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,213
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOODWINS ADDITION
  • Land Acres: 0.464
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: A TR GOODWINS ADD BLK F LOT 4 GOODWINS ADD BLK F LOT 4 AND BLK F LOTS 5 & 6

Ownership

  • Current Owner : TEN SIXTY APARTMENTS LLC
  • Previous Owner : PALMYRA AVE GROUP LLC
  • Owner Before Previous Owner: PRC NEWPORT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Ana Unified School District
  • Census Tract: 075004

Geography

  • Assessors Map Reference: 23-B1
  • Subdivision Tract Number: 300
  • Parcel: 398-133-33
  • Block: F
  • Lot: 4,5,6
  • Latitude: 33.7571
  • Longitude: -117.866

    Address

  • Full Address: 1407 N Bush St
  • Address - House Number: 1407
  • Street Direction: N
  • Address - Street Name: Bush
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Ana
  • Carrier Code: C035
  • 4-Digit Zip Code: 2393
  • Zip Code: 92701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $175,329
  • Tax Rate Code Area: 11-003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,327,500
  • First Open Lien Mortgage Lender: FIRST FOUNDATION BANK
  • First Open Lien Mortgage Recording Date: Feb 03, 2022
  • First Open Lien Mortgage Loan Amount: $9,327,500
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,637,000
  • Assessed Land Value: $10,200,000
  • Assessed Improvements Value: $4,437,000

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11879293021
  • Current Sale Price: $14,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 46851
  • Previous Sale Recording Date: Aug 26, 2019
  • Previous Sale Contract Date: Jun 19, 2019
  • Previous Sale Amount: $12,260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FOUNDATION BANK
  • First Mortgage Transaction Date: Feb 03, 2022
  • First Mortgage Loan Amount: $9,327,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: Aug 26, 2019
  • Previous Mortgage Loan Amount: $7,969,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 1407 North Bush Street located in?
The 1407 North Bush Street is a located in the neighborhood of French Court in Downtown Santa Ana, Santa Ana.
What is the average sales price for listings in 1407 North Bush Street?
The average sales price for units in 1407 North Bush Street is $0 currently.

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