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2561 East Terrace Street

2561 East Terrace Street, Anaheim, CA 92806
Property in East Anaheim
Sold May 05, 2021
$1,300,000
$910,000 by West One Capital Group Inc
Mortgage Due Jun 01, 2051
Sold Jun 27, 2014
$840,000
$400,000 by Fremont Bank
Mortgage Due Jul 01, 2024
2561 East Terrace Street has been categorized by the local assessors in Anaheim, CA as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The building has a total of 2 stories. In addition, 2561 East Terrace Street has 4,634 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,201 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,000 sqft. In terms of heating, it is utilizing a heating system. 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, 2561 East Terrace Street was last sold in Mar 31, 2021 for $1,300,000. According to our calculations, that's $280.54 per sqft. Prior to that sales transaction, the property was sold for $840,000 in May 20, 2014. Current property owners are expected to pay $15,413 in taxes per year. The property on 2561 East Terrace Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,352,520. To break that down further, the land itself was valued at $1,158,712. While improvements to the property were assessed at a total of $193,808. 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,201
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,634
  • Gross Building Area: 4,634
  • Building Area: 4,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 4,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 5231
  • Land Acres: 0.188
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 5231 BLK LOT 14

Ownership

  • Current Owner : KHOURSHED ALAM
  • Current Owner 2: DIN NASIMA C
  • Previous Owner : DU SHOUJEN DANIEL
  • Previous Owner 2: LI CHRISTIE ZHENG
  • Owner Before Previous Owner: GRACE KATHY
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 011720

Geography

  • Assessors Map Reference: 12-A2
  • Subdivision Tract Number: 5231
  • Parcel: 344-022-09
  • Lot: 14
  • Latitude: 33.8539
  • Longitude: -117.879

    Address

  • Full Address: 2561 E Terrace St
  • Address - House Number: 2561
  • Street Direction: E
  • Address - Street Name: Terrace
  • Address - Suffix Type: St
  • State: CA
  • City Name: Anaheim
  • Carrier Code: C009
  • 4-Digit Zip Code: 1667
  • Zip Code: 92806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,413
  • Tax Rate Code Area: 01-039

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 1,444,629
  • High Value: 1,982,275
  • Low Value: 906,982

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $910,000
  • First Open Lien Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $910,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,352,520
  • Assessed Land Value: $1,158,712
  • Assessed Improvements Value: $193,808

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11834066566
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000301553
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Contract Date: May 20, 2014
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $910,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT BANK
  • Previous Mortgage Transaction Date: Jun 27, 2014
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2024

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Frequently Asked Questions

What neighborhood is 2561 East Terrace Street located in?
The 2561 East Terrace Street is a located in the neighborhood of East Anaheim in East Anaheim, Anaheim.
What is the average sales price for listings in 2561 East Terrace Street?
The average sales price for units in 2561 East Terrace Street is $0 currently.

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