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1616 Island Drive

1616 Island Drive, Fullerton, CA 92833
Property in Orange
Sold Dec 24, 2019
$850,000
$250,000 by Mk Lending Corp
Mortgage Due Jan 01, 2035
Sold May 24, 2004
$750,000
$520,000 by Bankerswest Funding Corp
Mortgage Due Jun 01, 2034
1616 Island Drive in Fullerton, CA was first built in 1978 and is 46 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 bungalow style. It is a single story home. There are a total of 8 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. 1616 Island Drive has 2,228 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. In total, the area measurement of the land is 14,025 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. 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 420 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 excellent. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. The property was last sold in Nov 8, 2019 for $850,000. That's $381.51 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2004 for $750,000. 1616 Island Drive was last assessed in 2023. The total value of the property was assessed at $893,501. Specifically, the land the property is located on was valued at $687,108. While improvements on the property were assessed at a total of $206,393. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,872. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,025
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 6648
  • Land Acres: 0.322
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 6648 BLK LOT 9

Ownership

  • Current Owner : SOHN DONALD G
  • Previous Owner : PAK CHARLES C
  • Previous Owner 2: PAK CHRISTINE
  • Owner Before Previous Owner: KANG TAE SUNG
  • Owner Before Previous Owner 2: KANG HYON CHU

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 110605

Geography

  • Assessors Map Reference: 5-D4
  • Subdivision Tract Number: 6648
  • Parcel: 280-176-15
  • Lot: 9
  • Latitude: 33.8863
  • Longitude: -117.976

    Address

  • Full Address: 1616 Island Dr
  • Address - House Number: 1616
  • Address - Street Name: Island
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fullerton
  • Carrier Code: C013
  • 4-Digit Zip Code: 1429
  • Zip Code: 92833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,872
  • Tax Rate Code Area: 03-003

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,274,671
  • High Value: 1,504,878
  • Low Value: 1,044,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: MK LENDING CORP
  • First Open Lien Mortgage Recording Date: Dec 24, 2019
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jan 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $893,501
  • Assessed Land Value: $687,108
  • Assessed Improvements Value: $206,393

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Dec 24, 2019
  • Current Sale Transaction ID: 11712360392
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000540485
  • Previous Sale Recording Date: May 24, 2004
  • Previous Sale Contract Date: May 18, 2004
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MK LENDING CORP
  • First Mortgage Transaction Date: Dec 24, 2019
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: BANKERSWEST FUNDING CORP
  • Previous Mortgage Transaction Date: May 24, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Fullerton



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Frequently Asked Questions

What neighborhood is 1616 Island Drive located in?
The 1616 Island Drive is a located in the neighborhood of Orange in Fullerton, Fullerton.
What is the average sales price for listings in 1616 Island Drive?
The average sales price for units in 1616 Island Drive is $0 currently.

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