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5041 Ridglea Avenue

5041 Ridglea Avenue, Buena Park, CA 90621
Property in Buena Park
Sold Jul 18, 2022
$1,120,000
Buyer
Seller
$784,000 by Mortgage Research Laboratory I
Mortgage Due Aug 01, 2052
Sold May 19, 2022
$800,000
Buyer
Seller
5041 Ridglea Avenue in Buena Park, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5041 Ridglea Avenue has 1,567 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. In total, the area measurement of the land is 8,250 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. The garage is 440 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. 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. 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, 5041 Ridglea Avenue was last sold in Jul 6, 2022 for $1,120,000. According to our calculations, that's $714.74 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Apr 29, 2022. Current property owners are expected to pay $12,487 in taxes per year. The property on 5041 Ridglea Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,120,000. To break that down further, the land itself was valued at $1,029,655. While improvements to the property were assessed at a total of $90,345. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 1,567
  • Gross Building Area: 1,567
  • Building Area: 1,567
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,567
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 3111
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 3111 BLK LOT 183

Ownership

  • Current Owner : KIM JEONG A
  • Previous Owner : JIN CHUNG
  • Owner Before Previous Owner: PARK JUDY H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 110604

Geography

  • Assessors Map Reference: 5-C3
  • Subdivision Tract Number: 3111
  • Parcel: 289-051-01
  • Lot: 183
  • Latitude: 33.8876
  • Longitude: -117.989

    Address

  • Full Address: 5041 Ridglea Ave
  • Address - House Number: 5041
  • Address - Street Name: Ridglea
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Buena Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1438
  • Zip Code: 90621

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,487
  • Tax Rate Code Area: 14-002

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,112,148
  • High Value: 1,315,124
  • Low Value: 909,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $784,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH LABORATORY I
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $784,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,120,000
  • Assessed Land Value: $1,029,655
  • Assessed Improvements Value: $90,345

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Transaction ID: 11892338135
  • Current Sale Price: $1,120,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 250611
  • Previous Sale Recording Date: May 19, 2022
  • Previous Sale Contract Date: Apr 29, 2022
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH LABORATORY I
  • First Mortgage Transaction Date: Jul 18, 2022
  • First Mortgage Loan Amount: $784,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

About Buena Park



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Frequently Asked Questions

What neighborhood is 5041 Ridglea Avenue located in?
The 5041 Ridglea Avenue is a located in the neighborhood of Buena Park in Buena Park, Buena Park.
What is the average sales price for listings in 5041 Ridglea Avenue?
The average sales price for units in 5041 Ridglea Avenue is $0 currently.

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