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331 South Waverly Street

331 South Waverly Street, Orange, CA 92866
Property in Orange
Sold Sep 28, 2021
$636,500
$367,000 by Owning Corporation
Mortgage Due Dec 01, 2050
Sold Jul 28, 2014
$515,000
$412,000 by Parkside Lending Llc
Mortgage Due Aug 01, 2044
Local assessors in Orange, CA have categorized 331 South Waverly Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 10,179 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 870 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. 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 331 South Waverly Street has a total of 1,608 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 garage for those who need a place to park their vehicle. The garage on the property is 451 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 331 South Waverly Street was last sold in Jul 13, 2021 for $636,500. According to our calculations, that's $395.83 per sqft. Prior to that sales transaction, the property was sold for $515,000 in Jul 2, 2014. Current property owners are expected to pay $6,584 in taxes per year. The property on 331 South Waverly Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $594,916. To break that down further, the land itself was valued at $498,102. While improvements to the property were assessed at a total of $96,814. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,179
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,608
  • Gross Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALENCIA TRACT
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR VALENCIA TR BLK LOT 11 VALENCIA TR LOT 11 POR OF LOT -INC POR ABAN ALLEY

Ownership

  • Current Owner : WISMER LAWRENCE
  • Current Owner 2: WISMER CHRISTINA KAO
  • Previous Owner : TN POINTE HOMES HOLDINGS INC
  • Owner Before Previous Owner: LUMARDA JOSEPH M
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orange Unified School District
  • Census Tract: 075806

Geography

  • Assessors Map Reference: 17-D3
  • Subdivision Tract Number: 797
  • Parcel: 390-071-35
  • Lot: 11
  • Latitude: 33.7835
  • Longitude: -117.843

    Address

  • Full Address: 331 S Waverly St
  • Address - House Number: 331
  • Street Direction: S
  • Address - Street Name: Waverly
  • Address - Suffix Type: St
  • State: CA
  • City Name: Orange
  • Carrier Code: C038
  • 4-Digit Zip Code: 2450
  • Zip Code: 92866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,584
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 1,049,164
  • High Value: 1,252,836
  • Low Value: 845,492

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $717,000
  • First Open Lien Mortgage Lender: OWNING CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $367,000
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Aug 04, 2023
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $594,916
  • Assessed Land Value: $498,102
  • Assessed Improvements Value: $96,814

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11857383979
  • Current Sale Price: $636,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000597311
  • Previous Sale Recording Date: Jul 28, 2014
  • Previous Sale Contract Date: Jul 02, 2014
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $572,814
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARKSIDE LENDING LLC
  • Previous Mortgage Transaction Date: Jul 28, 2014
  • Previous Mortgage Loan Amount: $412,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Orange



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Frequently Asked Questions

What neighborhood is 331 South Waverly Street located in?
The 331 South Waverly Street is a located in the neighborhood of Orange in Orange, Orange.
What is the average sales price for listings in 331 South Waverly Street?
The average sales price for units in 331 South Waverly Street is $0 currently.

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