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18612 Demion Lane

18612 Demion Lane, Huntington Beach, CA 92646
Multifamily in Huntington Beach
Sold Jul 25, 2022
$2,325,000
$1,627,500 by Ocmbc Inc
Mortgage Due Aug 01, 2052
Sold May 20, 1999
$445,000
18612 Demion Lane has been categorized by the local assessors in Huntington Beach, CA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. In addition, 18612 Demion Lane has 4,349 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,363 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 18612 Demion Lane was last sold in Jun 24, 2022 for $2,325,000. According to our calculations, that's $534.61 per sqft. Prior to that sales transaction, the property was sold for $445,000 in May 7, 1999. Current property owners are expected to pay $26,615 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 18612 Demion Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,325,000. To break that down further, the land itself was valued at $2,107,034. While improvements to the property were assessed at a total of $217,966. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,363
  • Total Building Area: 4,349
  • Gross Building Area: 4,349
  • Building Area: 4,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 4663
  • Land Acres: 0.169
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 4663 BLK LOT 30

Ownership

  • Current Owner : YOUSSEF MAGDI F
  • Previous Owner : ZANETTA ADELE L
  • Previous Owner 2: ZANETTA DENISE A
  • Owner Before Previous Owner: ENNO KIRLEIS
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Huntington Beach Union High School District
  • Census Tract: 099235

Geography

  • Assessors Map Reference: 26-C2
  • Subdivision Tract Number: 4663
  • Parcel: 157-501-13
  • Lot: 30
  • Latitude: 33.6924
  • Longitude: -117.986

    Address

  • Full Address: 18612 Demion Ln
  • Address - House Number: 18612
  • Address - Street Name: Demion
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Huntington Beach
  • Carrier Code: C063
  • 4-Digit Zip Code: 8809
  • Zip Code: 92646

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,615
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 04-013

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 25
  • Final Value: 1,937,686
  • High Value: 2,658,832
  • Low Value: 1,216,539

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,627,500
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $1,627,500
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,325,000
  • Assessed Land Value: $2,107,034
  • Assessed Improvements Value: $217,966

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11892816044
  • Current Sale Price: $2,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 258079
  • Previous Sale Recording Date: May 20, 1999
  • Previous Sale Contract Date: May 07, 1999
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $1,627,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

About Huntington Beach



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20301 Bluffside Circle #113, Huntington Beach, CA, 92646 Listing by Jacob Canter

Frequently Asked Questions

What neighborhood is 18612 Demion Lane located in?
The 18612 Demion Lane is a multifamily located in the neighborhood of Huntington Beach in Huntington Beach, Huntington Beach.
What is the average sales price for listings in 18612 Demion Lane?
The average sales price for units in 18612 Demion Lane is $0 currently.

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