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305 North Oak Street

305 North Oak Street, Orange, CA 92867
Multifamily in Orange
Sold May 26, 2023
$1,000,000
$981,887 by Rocket Mortgage Llc
Mortgage Due Jun 01, 2053
Sold Apr 27, 2022
$316,000
$650,000 by Xiao Li
Mortgage Due May 01, 2025
Local assessors in Orange, CA have categorized 305 North Oak Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 6,979 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 540 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 305 North Oak Street has a total of 988 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 240 sqft. The property was last sold in Apr 21, 2023 for $1,000,000. That's $1,012.15 per sqft. Prior to that sales transaction, the property was also sold in Apr 20, 2022 for $316,000. 305 North Oak Street was last assessed in 2023. The total value of the property was assessed at $362,074. Specifically, the land the property is located on was valued at $243,728. While improvements on the property were assessed at a total of $118,346. 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 $4,349. 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. 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.

Building Features

Parking

Garage Parking
Off Street Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,979
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 540
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 2606
  • Land Acres: 0.16
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 2606 BLK LOT 15

Ownership

  • Current Owner : KIRKWOOD MATTHEW A
  • Current Owner 2: KIRKWOOD NICOLE M
  • Previous Owner : CHAPMAN ESTHER B
  • Owner Before Previous Owner: CHAPMAN FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Orange Unified School District
  • Census Tract: 075805

Geography

  • Assessors Map Reference: 17-E2
  • Subdivision Tract Number: 2606
  • Parcel: 386-022-12
  • Lot: 15
  • Latitude: 33.7916
  • Longitude: -117.834

    Address

  • Full Address: 305 N Oak St
  • Address - House Number: 305
  • Street Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: CA
  • City Name: Orange
  • Carrier Code: C071
  • 4-Digit Zip Code: 7736
  • Zip Code: 92867

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,349
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 942,463
  • High Value: 1,293,218
  • Low Value: 591,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $981,887
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 26, 2023
  • First Open Lien Mortgage Loan Amount: $981,887
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,074
  • Assessed Land Value: $243,728
  • Assessed Improvements Value: $118,346

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Transaction ID: 11907223965
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 124796
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Apr 20, 2022
  • Previous Sale Amount: $316,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: May 26, 2023
  • First Mortgage Loan Amount: $981,887
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: XIAO LI
  • Previous Mortgage Transaction Date: Apr 27, 2022
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: May 01, 2025

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Frequently Asked Questions

What neighborhood is 305 North Oak Street located in?
The 305 North Oak Street is a multifamily located in the neighborhood of Orange in Orange, Orange.
What is the average sales price for listings in 305 North Oak Street?
The average sales price for units in 305 North Oak Street is $0 currently.

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