353 Molokai Drive

Local assessors in Placentia, CA have categorized 353 Molokai Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 784 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, 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 are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 353 Molokai Drive has a total of 1,276 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 353 Molokai Drive was last sold in Nov 18, 2010 for $247,000. According to our calculations, that's $193.57 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Nov 24, 2008. Current property owners are expected to pay $3,563 in taxes per year. The property on 353 Molokai Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $304,035. To break that down further, the land itself was valued at $192,538. While improvements to the property were assessed at a total of $111,497. 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.