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37 Cottonwood Drive

37 Cottonwood Drive, Aliso Viejo, CA 92656
House in Orange
Sold Oct 06, 2021
$800,000
$300,000 by New Wave Lending Group Inc
Mortgage Due Nov 01, 2036
Sold Dec 18, 2003
$445,000
$400,500 by Argent Mortgage Company Llc
Mortgage Due Jan 01, 2034
Local assessors in Aliso Viejo, CA have categorized 37 Cottonwood Drive as a residential type of property. The home was built in 1998 and is 26 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 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 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 37 Cottonwood Drive has a total of 1,328 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 430 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 37 Cottonwood Drive sold most recently in Sep 18, 2021 for a total of $800,000. If you work out the math, that's approximately a cost of $602.41 per sqft. Before that, the property was also sold for $445,000 in Nov 21, 2003. 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 $8,204 in taxes each year. 37 Cottonwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $816,000. If we break it down further, the land itself was valued at $655,658. Improvements to the property, however, were assessed at a total of $160,342. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VISTA TERRAZA
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 14710 BLK LOT 8 UN 112 TRACT 14710, LOT 8 OF PROJECT 939-25 LOCATED ON

Ownership

  • Current Owner : CHI KAI
  • Current Owner 2: HUANG YING
  • Previous Owner : FARROKHTAKIN SIAVASH
  • Owner Before Previous Owner: HANKS JULIE A
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 062633

Geography

  • Subdivision Tract Number: 14710
  • Parcel: 939-257-33
  • Lot: 8
  • Latitude: 33.5851
  • Longitude: -117.738

    Address

  • Full Address: 37 Cottonwood Dr
  • Address - House Number: 37
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Aliso Viejo
  • Carrier Code: C038
  • 4-Digit Zip Code: 2159
  • Zip Code: 92656

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,204
  • Tax Rate Code Area: 34-016

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 81
  • Final Value: 856,988
  • High Value: 987,995
  • Low Value: 725,982

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 06, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $816,000
  • Assessed Land Value: $655,658
  • Assessed Improvements Value: $160,342

    Sales

  • Current Sale Contract Date: Sep 18, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Transaction ID: 11859028552
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000616224
  • Previous Sale Recording Date: Dec 18, 2003
  • Previous Sale Contract Date: Nov 21, 2003
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Oct 06, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Dec 18, 2003
  • Previous Mortgage Loan Amount: $400,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

About Aliso Viejo



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Frequently Asked Questions

What neighborhood is 37 Cottonwood Drive located in?
The 37 Cottonwood Drive is a house located in the neighborhood of Orange in Aliso Viejo, Aliso Viejo.
What is the average sales price for listings in 37 Cottonwood Drive?
The average sales price for units in 37 Cottonwood Drive is $0 currently.

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