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318 East Redwood Avenue

318 East Redwood Avenue, Orange, CA 92865
House in Orange
Sold Jun 13, 2022
$1,050,000
$997,500 by Mufg Union Bank Na
Mortgage Due Jul 01, 2052
Sold Sep 18, 2020
$793,000
$632,999 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
318 East Redwood Avenue in Orange, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 318 East Redwood Avenue has 1,530 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. The linear feet across the front of the lot is 770 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,700 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. For those who need parking, there is a garage. The garage is 473 sqft. There are a total of 2 available parking spaces. As for heating, the home 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, 318 East Redwood Avenue sold most recently in Jun 1, 2022 for a total of $1,050,000. If you work out the math, that's approximately a cost of $686.27 per sqft. Before that, the property was also sold for $793,000 in Sep 3, 2020. 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 $11,609 in taxes each year. 318 East Redwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,071,000. If we break it down further, the land itself was valued at $899,186. Improvements to the property, however, were assessed at a total of $171,814. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Garage Parking
Open Parking

Exterior

Stucco Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 473
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4557
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 4557 BLK LOT 1

Ownership

  • Current Owner : WANG GLORIA Y
  • Previous Owner : PATEL KRISHMA A
  • Owner Before Previous Owner: VALVERDE AGUSTIN
  • Owner Before Previous Owner 2: VALVERDE ANA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Orange Unified School District
  • Census Tract: 076201

Geography

  • Assessors Map Reference: 2-E6
  • Subdivision Tract Number: 4557
  • Parcel: 374-364-14
  • Lot: 1
  • Latitude: 33.8293
  • Longitude: -117.851

    Address

  • Full Address: 318 E Redwood Ave
  • Address - House Number: 318
  • Street Direction: E
  • Address - Street Name: Redwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Orange
  • Carrier Code: C078
  • 4-Digit Zip Code: 2725
  • Zip Code: 92865

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,609
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 1,083,332
  • High Value: 1,297,997
  • Low Value: 868,666

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $997,500
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Jun 13, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $997,500
  • 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: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,071,000
  • Assessed Land Value: $899,186
  • Assessed Improvements Value: $171,814

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Transaction ID: 11890185749
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 212393
  • Previous Sale Recording Date: Sep 18, 2020
  • Previous Sale Contract Date: Sep 03, 2020
  • Previous Sale Amount: $793,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Jun 13, 2022
  • First Mortgage Loan Amount: $997,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Sep 18, 2020
  • Previous Mortgage Loan Amount: $632,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Orange



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Frequently Asked Questions

What neighborhood is 318 East Redwood Avenue located in?
The 318 East Redwood Avenue is a house located in the neighborhood of Orange in Orange, Orange.
What is the average sales price for listings in 318 East Redwood Avenue?
The average sales price for units in 318 East Redwood Avenue is $0 currently.

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