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2778 West Madison Circle

2778 West Madison Circle, Anaheim, CA 92801
Property in West Anaheim
Sold May 12, 2016
$410,000
$307,500 by Winprime Lending
Mortgage Due Jun 01, 2046
Sold Oct 10, 2013
$335,000
$201,000 by East West Bank
Mortgage Due Nov 01, 2043
2778 West Madison Circle in Anaheim, CA was first built in 2007 and is 17 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 condo style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2778 West Madison Circle has 1,103 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.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 419 sqft. There are a total of 2 available parking spaces. 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, 2778 West Madison Circle sold most recently in Apr 13, 2016 for a total of $410,000. If you work out the math, that's approximately a cost of $371.71 per sqft. Before that, the property was also sold for $335,000 in Sep 4, 2013. 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 $5,312 in taxes each year. 2778 West Madison Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $466,507. If we break it down further, the land itself was valued at $271,235. Improvements to the property, however, were assessed at a total of $195,272. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 419
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,103
  • Building Area: 1,103
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,103
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA LANE CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 16640 BLK LOT 10 UN 81 TRACT 16640 LOT 10 OF PROJECT 938-35 LOCATED ON

Ownership

  • Current Owner : PARK CHUNG WOO
  • Current Owner 2: KIM SUN JUNG
  • Previous Owner : LIN CHIEH HSIEN
  • Previous Owner 2: FAN CHEN TI
  • Owner Before Previous Owner: BARNETT STEVEN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Magnolia Elementary School District
  • Census Tract: 086803

Geography

  • Subdivision Tract Number: 16640
  • Parcel: 938-353-23
  • Lot: 10
  • Latitude: 33.8368
  • Longitude: -117.977

    Address

  • Full Address: 2778 W Madison Cir
  • Address - House Number: 2778
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Anaheim
  • Carrier Code: C012
  • 4-Digit Zip Code: 4997
  • Zip Code: 92801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,312
  • Tax Rate Code Area: 01-029

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 675,412
  • High Value: 795,470
  • Low Value: 555,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $307,500
  • First Open Lien Mortgage Lender: WINPRIME LENDING
  • First Open Lien Mortgage Recording Date: May 12, 2016
  • First Open Lien Mortgage Loan Amount: $307,500
  • 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: Jun 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,507
  • Assessed Land Value: $271,235
  • Assessed Improvements Value: $195,272

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2016
  • Current Sale Recording Date: May 12, 2016
  • Current Sale Transaction ID: 1543480164
  • Current Sale Price: $410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016000214050
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Sep 04, 2013
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINPRIME LENDING
  • First Mortgage Transaction Date: May 12, 2016
  • First Mortgage Loan Amount: $307,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Oct 10, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $201,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About West Anaheim



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Frequently Asked Questions

What neighborhood is 2778 West Madison Circle located in?
The 2778 West Madison Circle is a located in the neighborhood of West Anaheim in West Anaheim, Anaheim.
What is the average sales price for listings in 2778 West Madison Circle?
The average sales price for units in 2778 West Madison Circle is $0 currently.

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