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5055 Clifton Way

5055 Clifton Way, Buena Park, CA 90621
Property in Buena Park
Sold Mar 16, 2021
$970,000
$679,000 by Ony Glo Inc
Mortgage Due Apr 01, 2051
Sold Nov 06, 2020
$740,000
5055 Clifton Way in Buena Park, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. 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. 5055 Clifton Way has 1,932 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 9,500 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 410 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. 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, 5055 Clifton Way sold most recently in Feb 18, 2021 for a total of $970,000. If you work out the math, that's approximately a cost of $502.07 per sqft. Before that, the property was also sold for $740,000 in Oct 20, 2020. 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 $11,149 in taxes each year. 5055 Clifton Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $996,192. If we break it down further, the land itself was valued at $895,877. Improvements to the property, however, were assessed at a total of $100,315. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 3311
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 3111 BLK LOT 251

Ownership

  • Current Owner : PARK WON JONG
  • Current Owner 2: PARK IWAO SEIKA
  • Previous Owner : CHOE DONG KUEN
  • Owner Before Previous Owner: CANAVAN ROBERT J
  • Owner Before Previous Owner 2: CANAVAN KAREN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 5-D3
  • Subdivision Tract Number: 3111
  • Parcel: 289-055-16
  • Lot: 251
  • Latitude: 33.8873
  • Longitude: -117.986

    Address

  • Full Address: 5055 Clifton Way
  • Address - House Number: 5055
  • Address - Street Name: Clifton
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Buena Park
  • Carrier Code: C048
  • 4-Digit Zip Code: 1416
  • Zip Code: 90621

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,149
  • Tax Rate Code Area: 14-002

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,225,868
  • High Value: 1,449,598
  • Low Value: 1,002,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,000
  • First Open Lien Mortgage Lender: ONY GLO INC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $679,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $996,192
  • Assessed Land Value: $895,877
  • Assessed Improvements Value: $100,315

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11825889192
  • Current Sale Price: $970,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000183254
  • Previous Sale Recording Date: Nov 06, 2020
  • Previous Sale Contract Date: Oct 20, 2020
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONY GLO INC
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $679,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Buena Park



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Frequently Asked Questions

What neighborhood is 5055 Clifton Way located in?
The 5055 Clifton Way is a located in the neighborhood of Buena Park in Buena Park, Buena Park.
What is the average sales price for listings in 5055 Clifton Way?
The average sales price for units in 5055 Clifton Way is $0 currently.

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