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504 East Palmyra Avenue

504 East Palmyra Avenue, Orange, CA 92866
Property in Orange
Sold Dec 07, 2021
$1,240,000
$992,000 by Amwest Funding Corp.
Mortgage Due Jan 01, 2052
Sold Nov 30, 2005
$815,000
$400,000 by Sierra Pacific Mortgage Compan
Mortgage Due Dec 01, 2035
504 East Palmyra Avenue in Orange, CA was first built in 1913 and is 111 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 504 East Palmyra Avenue has 1,847 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,380. In total, the area measurement of the land is 6,851 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 483 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a gas heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 504 East Palmyra Avenue sold most recently in Oct 27, 2021 for a total of $1,240,000. If you work out the math, that's approximately a cost of $671.36 per sqft. Before that, the property was also sold for $815,000 in Nov 23, 2005. 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 $3,439 in taxes each year. 504 East Palmyra Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $296,914. If we break it down further, the land itself was valued at $207,840. Improvements to the property, however, were assessed at a total of $89,074. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,851
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,847
  • Gross Building Area: 1,847
  • Building Area: 1,847
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 1,847
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIBBERS A L C RESUB
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR A L C BIBBERS RESUB BLK A LOT 1

Ownership

  • Current Owner : RAMIREZ MELISSA
  • Previous Owner : STOUT DENNIS NOBLE
  • Previous Owner 2: STOUT CYNTHIA DIANE
  • Owner Before Previous Owner: SCHAEFER RICHARD
  • Owner Before Previous Owner 2: SCHAEFER SUSANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Orange Unified School District
  • Census Tract: 075902

Geography

  • Assessors Map Reference: 17-D3
  • Subdivision Tract Number: A
  • Parcel: 390-421-01
  • Block: A
  • Lot: 1
  • Latitude: 33.784
  • Longitude: -117.849

    Address

  • Full Address: 504 E Palmyra Ave
  • Address - House Number: 504
  • Street Direction: E
  • Address - Street Name: Palmyra
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Orange
  • Carrier Code: C031
  • 4-Digit Zip Code: 2018
  • Zip Code: 92866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,439
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,136,792
  • High Value: 1,370,310
  • Low Value: 903,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $992,000
  • First Open Lien Mortgage Lender: AMWEST FUNDING CORP.
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $992,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,914
  • Assessed Land Value: $207,840
  • Assessed Improvements Value: $89,074

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873024684
  • Current Sale Price: $1,240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 738047
  • Previous Sale Recording Date: Nov 30, 2005
  • Previous Sale Contract Date: Nov 23, 2005
  • Previous Sale Amount: $815,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • Previous Mortgage Transaction Date: Nov 30, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Orange



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Frequently Asked Questions

What neighborhood is 504 East Palmyra Avenue located in?
The 504 East Palmyra Avenue is a located in the neighborhood of Orange in Orange, Orange.
What is the average sales price for listings in 504 East Palmyra Avenue?
The average sales price for units in 504 East Palmyra Avenue is $0 currently.

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