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5 Merlin Avenue

5 Merlin Avenue, Aliso Viejo, CA 92656
Property in Orange
Sold Jan 24, 2005
$840,000
$250,000 by Summit Mortgage Bankers Inc
Mortgage Due Jun 01, 2051
Sold Dec 01, 2003
$750,000
$524,930 by Wells Fargo Home Mortgage Inc
Mortgage Due Dec 01, 2033
5 Merlin Avenue has been categorized by the local assessors in Aliso Viejo, CA as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5 Merlin Avenue has 2,312 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 4,400 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 610 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Dec 22, 2004 for $840,000. That's $363.32 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 2003 for $750,000. 5 Merlin Avenue was last assessed in 2023. The total value of the property was assessed at $1,052,884. Specifically, the land the property is located on was valued at $774,870. While improvements on the property were assessed at a total of $278,014. 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 $10,586. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 610
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 2,312
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CITY/ALISO VIEJO
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13619 BLK LOT 40 TRACT NO 13619 LOT 40 AND POR LOT C

Ownership

  • Current Owner : TSAO LI YU
  • Previous Owner : ARASHIRO STEVE I
  • Previous Owner 2: ARASHIRO PATRICIA E
  • Owner Before Previous Owner: GILL MICHAEL P
  • Owner Before Previous Owner 2: GILL ELIZABETH C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 062635

Geography

  • Assessors Map Reference: 29-B1
  • Subdivision Tract Number: 13619
  • Parcel: 623-292-40
  • Lot: 40,C
  • Latitude: 33.6
  • Longitude: -117.736

    Address

  • Full Address: 5 Merlin Ave
  • Address - House Number: 5
  • Address - Street Name: Merlin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Aliso Viejo
  • Carrier Code: C021
  • 4-Digit Zip Code: 1777
  • Zip Code: 92656

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,586
  • Tax Rate Code Area: 34-019

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,509,915
  • High Value: 1,790,635
  • Low Value: 1,229,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,052,884
  • Assessed Land Value: $774,870
  • Assessed Improvements Value: $278,014

    Sales

  • Current Sale Contract Date: Dec 22, 2004
  • Current Sale Recording Date: Jan 24, 2005
  • Current Sale Transaction ID: 1043964929
  • Current Sale Price: $840,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005000056880
  • Previous Sale Recording Date: Dec 01, 2003
  • Previous Sale Contract Date: Oct 24, 2003
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 01, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $524,930
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

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Frequently Asked Questions

What neighborhood is 5 Merlin Avenue located in?
The 5 Merlin Avenue is a located in the neighborhood of Orange in Aliso Viejo, Aliso Viejo.
What is the average sales price for listings in 5 Merlin Avenue?
The average sales price for units in 5 Merlin Avenue is $0 currently.

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