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1534 Orchard Drive

1534 Orchard Drive, Newport Beach, CA 92660
Property in Costa Mesa
Sold Jun 30, 2010
$705,000
$335,000 by Victoria Financial Corp
Mortgage Due Jul 01, 2035
Sold Oct 18, 2005
$1,079,000
$809,250 by Lending 1st Mortgage
Mortgage Due Nov 01, 2035
Local assessors in Newport Beach, CA have categorized 1534 Orchard Drive as a residential type of property. The home was built in 2004 and is 20 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 3 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 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1534 Orchard Drive has a total of 2,825 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 1534 Orchard Drive was last sold in Jun 3, 2010 for $705,000. According to our calculations, that's $249.56 per sqft. Prior to that sales transaction, the property was sold for $1,079,000 in Sep 28, 2005. Current property owners are expected to pay $10,982 in taxes per year. The property on 1534 Orchard Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $980,064. To break that down further, the land itself was valued at $439,587. While improvements to the property were assessed at a total of $540,477. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,825
  • Building Area: 2,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHARD VILLAS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 456 BLK LOT 14 UN C TRACT 456, POR OF LOT 14 OF PROJECT 936-80 LOCATED

Ownership

  • Current Owner : WONG TSE ERIC
  • Current Owner 2: WONG CHEN PING
  • Previous Owner : MCCANDLESS KATHERINE MARIE
  • Owner Before Previous Owner: ORCHARD VILLAS LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063101

Geography

  • Subdivision Tract Number: 456
  • Parcel: 936-800-41
  • Lot: 14
  • Latitude: 33.6634
  • Longitude: -117.885

    Address

  • Full Address: 1534 Orchard Dr
  • Address - House Number: 1534
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C061
  • 4-Digit Zip Code: 1314
  • Zip Code: 92660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,982
  • Tax Rate Code Area: 07-114

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,446,138
  • High Value: 1,705,529
  • Low Value: 1,186,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: VICTORIA FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $335,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $980,064
  • Assessed Land Value: $439,587
  • Assessed Improvements Value: $540,477

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2010
  • Current Sale Recording Date: Jun 30, 2010
  • Current Sale Transaction ID: 1171291686
  • Current Sale Price: $705,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2010000310814
  • Previous Sale Recording Date: Oct 18, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Amount: $1,079,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 30, 2010
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: LENDING 1ST MORTGAGE
  • Previous Mortgage Transaction Date: Oct 18, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $809,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 1534 Orchard Drive located in?
The 1534 Orchard Drive is a located in the neighborhood of Costa Mesa in Costa Mesa, Newport Beach.
What is the average sales price for listings in 1534 Orchard Drive?
The average sales price for units in 1534 Orchard Drive is $0 currently.

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