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18997 Villa Terrace

18997 Villa Terrace, Yorba Linda, CA 92886
House in Orange
Sold Jun 11, 2020
$1,900,000
$1,520,000 by Bank Of America Na
Mortgage Due Jul 01, 2050
Sold Nov 12, 2014
$2,050,000
18997 Villa Terrace in Yorba Linda, CA was first built in 2006 and is 18 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 contemporary 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 4 full bathrooms. There are 5 partial bathrooms. 18997 Villa Terrace has 4,373 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 26,201 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. The garage is 664 sqft. There are a total of 3 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 good. 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 forced air unit. 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. 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, 18997 Villa Terrace sold most recently in Mar 17, 2020 for a total of $1,900,000. If you work out the math, that's approximately a cost of $434.48 per sqft. Before that, the property was also sold for $2,050,000 in Oct 23, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $21,820 in taxes each year. 18997 Villa Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,997,238. If we break it down further, the land itself was valued at $1,268,438. Improvements to the property, however, were assessed at a total of $728,800. 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

Exterior

Concrete Exterior
Stone Exterior
Stucco Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 664
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 26,201
  • Total Building Area: 4,373
  • Gross Building Area: 4,373
  • Building Area: 4,373
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,373
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY/YORBA LINDA
  • Land Acres: 0.602
  • Standard Land Use Code: Single family residential
  • Legal Description 1: R BK 89 PG 31 PAR 7

Ownership

  • Current Owner : RAMOS GENE M
  • Current Owner 2: RAMOS LAURA A
  • Previous Owner : ZHU ZHEYA
  • Previous Owner 2: THE REVOCABLE LIVING TRUST OF
  • Owner Before Previous Owner: JM3 DEVELOPMENT COMPANY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 021822

Geography

  • Assessors Map Reference: 8-B3
  • Parcel: 323-451-22
  • Lot: 7
  • Latitude: 33.8955
  • Longitude: -117.803

    Address

  • Full Address: 18997 Villa Ter
  • Address - House Number: 18997
  • Address - Street Name: Villa
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Yorba Linda
  • Carrier Code: C016
  • 4-Digit Zip Code: 2610
  • Zip Code: 92886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,820
  • Tax Rate Code Area: 25-036

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 2,699,153
  • High Value: 3,185,539
  • Low Value: 2,212,767

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,520,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,520,000
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,997,238
  • Assessed Land Value: $1,268,438
  • Assessed Improvements Value: $728,800

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11768024320
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000266680
  • Previous Sale Recording Date: Nov 12, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $2,050,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $1,520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Yorba Linda



Similar Buildings

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Nearby Rentals

Unit for rent at 5261 Wendover Road, Yorba Linda, CA, 92886

$4,600 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,114 ft²
5261 Wendover Road, Yorba Linda, CA, 92886 Listing by Zoya Kao

Frequently Asked Questions

What neighborhood is 18997 Villa Terrace located in?
The 18997 Villa Terrace is a house located in the neighborhood of Orange in Yorba Linda, Yorba Linda.
What is the average sales price for listings in 18997 Villa Terrace?
The average sales price for units in 18997 Villa Terrace is $0 currently.

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