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16041 Newhope Street

16041 Newhope Street, Fountain Valley, CA 92708
Property in Fountain Valley
Sold Dec 23, 2021
$770,000
$539,000 by United Wholesale Mortgage
Mortgage Due Jan 01, 2052
Sold Aug 24, 2012
$405,000
$413,707 by Prospect Mortgage Llc
Mortgage Due Sep 01, 2042
Local assessors in Fountain Valley, CA have categorized 16041 Newhope Street as a residential type of property. The home was built in 2011 and is 13 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 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 16041 Newhope Street has a total of 1,382 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 445 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, 16041 Newhope Street sold most recently in Dec 22, 2021 for a total of $770,000. If you work out the math, that's approximately a cost of $557.16 per sqft. Before that, the property was also sold for $405,000 in Aug 23, 2012. 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 $9,007 in taxes each year. 16041 Newhope Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $785,400. If we break it down further, the land itself was valued at $556,685. Improvements to the property, however, were assessed at a total of $228,715. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 445
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERSTONE VILLAS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 17354 BLK LOT 1 UN 5 LOT 1 OF TRACT 17354 OF CONDO PROJECT 935-93

Ownership

  • Current Owner : NGUYEN BRIAN
  • Current Owner 2: HUYNH CHIN
  • Previous Owner : WOODRUFF DAWN E
  • Owner Before Previous Owner: SUMMERSTONE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garden Grove Unified School District
  • Census Tract: 099227

Geography

  • Subdivision Tract Number: 17354
  • Parcel: 935-931-14
  • Lot: 1
  • Latitude: 33.7305
  • Longitude: -117.928

    Address

  • Full Address: 16041 Newhope Way
  • Address - House Number: 16041
  • Address - Street Name: Newhope
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Fountain Valley
  • Carrier Code: C001
  • 4-Digit Zip Code: 1704
  • Zip Code: 92708

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,007
  • Tax Rate Code Area: 21-014

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 785,914
  • High Value: 927,214
  • Low Value: 644,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $539,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $539,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $785,400
  • Assessed Land Value: $556,685
  • Assessed Improvements Value: $228,715

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875809914
  • Current Sale Price: $770,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000767378
  • Previous Sale Recording Date: Aug 24, 2012
  • Previous Sale Contract Date: Aug 23, 2012
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $539,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 24, 2012
  • Previous Mortgage Loan Amount: $413,707
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2042

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Frequently Asked Questions

What neighborhood is 16041 Newhope Street located in?
The 16041 Newhope Street is a located in the neighborhood of Fountain Valley in Fountain Valley, Fountain Valley.
What is the average sales price for listings in 16041 Newhope Street?
The average sales price for units in 16041 Newhope Street is $0 currently.

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