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416 Magnolia Avenue

416 Magnolia Avenue, Brea, CA 92821
Multifamily in Orange
Sold Aug 07, 2019
$810,000
$509,850 by Pennymac Loan Services Llc
Mortgage Due Jul 01, 2051
Sold Nov 18, 2011
$380,000
$380,000 by Wholesale Capital Corp
Mortgage Due Dec 01, 2041
416 Magnolia Avenue has been categorized by the local assessors in Brea, CA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 416 Magnolia Avenue has 1,486 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,373 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. The property was last sold in Jul 3, 2019 for $810,000. That's $545.09 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 2011 for $380,000. 416 Magnolia Avenue was last assessed in 2023. The total value of the property was assessed at $851,453. Specifically, the land the property is located on was valued at $763,506. While improvements on the property were assessed at a total of $87,947. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,563. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,373
  • Total Building Area: 1,486
  • Gross Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 1182
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1182 BLK LOT 5

Ownership

  • Current Owner : CRUZ JONATHAN J
  • Current Owner 2: CRUZ SARAH S
  • Previous Owner : BOSSE DANIEL
  • Previous Owner 2: BOSSE MONIQUE N
  • Owner Before Previous Owner: KING CANDICE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Brea-Olinda Unified School District
  • Census Tract: 001504

Geography

  • Assessors Map Reference: 2-E6
  • Subdivision Tract Number: 1182
  • Parcel: 284-223-21
  • Lot: 5
  • Latitude: 33.9129
  • Longitude: -117.898

    Address

  • Full Address: 416 Magnolia Ave
  • Address - House Number: 416
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Brea
  • Carrier Code: C008
  • 4-Digit Zip Code: 5414
  • Zip Code: 92821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,563
  • Tax Rate Code Area: 02-000

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,162,088
  • High Value: 1,363,192
  • Low Value: 960,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $509,850
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $509,850
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,453
  • Assessed Land Value: $763,506
  • Assessed Improvements Value: $87,947

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11634163915
  • Current Sale Price: $810,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000289907
  • Previous Sale Recording Date: Nov 18, 2011
  • Previous Sale Contract Date: Nov 15, 2011
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STRONG HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WHOLESALE CAPITAL CORP
  • Previous Mortgage Transaction Date: Nov 18, 2011
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2041

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Frequently Asked Questions

What neighborhood is 416 Magnolia Avenue located in?
The 416 Magnolia Avenue is a multifamily located in the neighborhood of Orange in Brea, Brea.
What is the average sales price for listings in 416 Magnolia Avenue?
The average sales price for units in 416 Magnolia Avenue is $0 currently.

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