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306 Franklin Drive

306 Franklin Drive, Placentia, CA 92870
Property in Orange
Sold Aug 24, 2020
$275,000
$318,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2050
Sold Dec 09, 2014
$540,000
$355,000 by Mega Capital Funding Inc
Mortgage Due Jan 01, 2045
306 Franklin Drive has been categorized by the local assessors in Placentia, CA as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 306 Franklin Drive has 2,167 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 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,000 square feet.

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 garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. In terms of heating, it is utilizing a heating system. 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, 306 Franklin Drive sold most recently in May 14, 2020 for a total of $275,000. If you work out the math, that's approximately a cost of $126.90 per sqft. Before that, the property was also sold for $540,000 in Jul 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 $7,389 in taxes each year. 306 Franklin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $623,793. If we break it down further, the land itself was valued at $444,636. Improvements to the property, however, were assessed at a total of $179,157. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,167
  • Building Area: 2,167
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,167
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 9856
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 9856 BLK LOT 9

Ownership

  • Current Owner : SHIN JENNIFER
  • Previous Owner : SHIN SUNG K
  • Previous Owner 2: SHIN JENNIFER
  • Owner Before Previous Owner: CASTRO TOMAS J
  • Owner Before Previous Owner 2: CASTRO LILIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 011712

Geography

  • Assessors Map Reference: 7-B5
  • Subdivision Tract Number: 9856
  • Parcel: 340-441-79
  • Lot: 9
  • Latitude: 33.8728
  • Longitude: -117.865

    Address

  • Full Address: 306 Franklin Dr
  • Address - House Number: 306
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Placentia
  • Carrier Code: C026
  • 4-Digit Zip Code: 5012
  • Zip Code: 92870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,389
  • Tax Rate Code Area: 09-012

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,014,295
  • High Value: 1,204,079
  • Low Value: 824,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $318,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $623,793
  • Assessed Land Value: $444,636
  • Assessed Improvements Value: $179,157

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11783916373
  • Current Sale Price: $275,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2020000428312
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Jul 23, 2014
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $318,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Previous Mortgage Transaction Date: Dec 09, 2014
  • Previous Mortgage Loan Amount: $355,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Placentia



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Nearby Rentals

Unit for rent at 274 Kauai Lane, Placentia, CA, 92870

$2,775 /mo

  • 2 Beds
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274 Kauai Lane, Placentia, CA, 92870 Listing by Jill Guerrero

Frequently Asked Questions

What neighborhood is 306 Franklin Drive located in?
The 306 Franklin Drive is a located in the neighborhood of Orange in Placentia, Placentia.
What is the average sales price for listings in 306 Franklin Drive?
The average sales price for units in 306 Franklin Drive is $0 currently.

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