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3111 Gardenia Lane

3111 Gardenia Lane, Yorba Linda, CA 92886
Property in Orange
Sold Feb 08, 2022
$3,105,500
$2,775,000 by Change Lending Llc
Mortgage Due Jan 01, 2053
Sold Nov 27, 2013
$2,550,000
Buyer
$1,440,000 by Ctbc Bank Corp Usa
Mortgage Due Dec 01, 2043
Local assessors in Yorba Linda, CA have categorized 3111 Gardenia Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 18,645 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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 are 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3111 Gardenia Lane has a total of 5,952 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,001 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Residents rely on central air conditioning for their cooling 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, 3111 Gardenia Lane sold most recently in Jan 18, 2022 for a total of $3,105,500. If you work out the math, that's approximately a cost of $521.76 per sqft. Before that, the property was also sold for $2,550,000 in Sep 25, 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 $34,268 in taxes each year. 3111 Gardenia Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,115,182. If we break it down further, the land itself was valued at $1,723,048. Improvements to the property, however, were assessed at a total of $1,392,134. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,001
  • Parking Space Count: 4
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 18,645
  • Total Building Area: 5,952
  • Building Area: 5,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEISURE WORLD
  • Land Acres: 0.428
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 16046 BLK LOT 16

Ownership

  • Current Owner : PATEL ARPIT
  • Current Owner 2: PATEL YESHA
  • Previous Owner : MEILAN LIN
  • Owner Before Previous Owner: BILOTTA JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 021831

Geography

  • Subdivision Tract Number: 16046
  • Parcel: 322-251-07
  • Lot: 16
  • Latitude: 33.9176
  • Longitude: -117.833

    Address

  • Full Address: 3111 Gardenia Ln
  • Address - House Number: 3111
  • Address - Street Name: Gardenia
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Yorba Linda
  • Carrier Code: C024
  • 4-Digit Zip Code: 1816
  • Zip Code: 92886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,268
  • Tax Rate Code Area: 25-143

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 2,796,951
  • High Value: 3,334,641
  • Low Value: 2,259,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,775,000
  • First Open Lien Mortgage Lender: CHANGE LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 27, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,775,000
  • 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: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,115,182
  • Assessed Land Value: $1,723,048
  • Assessed Improvements Value: $1,392,134

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Transaction ID: 11879319240
  • Current Sale Price: $3,105,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 52947
  • Previous Sale Recording Date: Nov 27, 2013
  • Previous Sale Contract Date: Sep 25, 2013
  • Previous Sale Amount: $2,550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GF CAPITAL
  • First Mortgage Transaction Date: Feb 08, 2022
  • First Mortgage Loan Amount: $2,550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CTBC BANK CORP USA
  • Previous Mortgage Transaction Date: Nov 27, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2043

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Frequently Asked Questions

What neighborhood is 3111 Gardenia Lane located in?
The 3111 Gardenia Lane is a located in the neighborhood of Orange in Yorba Linda, Yorba Linda.
What is the average sales price for listings in 3111 Gardenia Lane?
The average sales price for units in 3111 Gardenia Lane is $0 currently.

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