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531 West Gage Avenue

531 West Gage Avenue, Fullerton, CA 92832
Property in Orange
Sold Aug 11, 2004
$484,000
$448,000 by Option One Mortgage Corp
Mortgage Due Oct 01, 2035
531 West Gage Avenue has been categorized by the local assessors in Fullerton, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 7 rooms. 4 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, 531 West Gage Avenue has 1,348 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 770 ft. The area measurement of the land has been determined as 8,316 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 396 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. In terms of heating, it is utilizing a heating system. 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. 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, 531 West Gage Avenue sold most recently in Jul 9, 2004 for a total of $484,000. If you work out the math, that's approximately a cost of $359.05 per sqft. 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 $7,268 in taxes each year. 531 West Gage Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $648,450. If we break it down further, the land itself was valued at $566,486. Improvements to the property, however, were assessed at a total of $81,964. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,316
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,348
  • Gross Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1826 BLK LOT 24

Ownership

  • Current Owner : MORALES ARTEMIO
  • Current Owner 2: MORALES AURA
  • Previous Owner : DOUCETTE NATALIE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 011102

Geography

  • Assessors Map Reference: 11-B1
  • Subdivision Tract Number: 1826
  • Parcel: 073-305-35
  • Lot: 24
  • Latitude: 33.8578
  • Longitude: -117.934

    Address

  • Full Address: 531 W Gage Ave
  • Address - House Number: 531
  • Street Direction: W
  • Address - Street Name: Gage
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Fullerton
  • Carrier Code: C001
  • 4-Digit Zip Code: 3227
  • Zip Code: 92832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,268
  • Tax Rate Code Area: 03-009

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 862,573
  • High Value: 1,027,343
  • Low Value: 697,803

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 26, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $448,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035
  • Second Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Sep 26, 2005
  • Second Open Lien Mortgage Loan Amount: $112,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,450
  • Assessed Land Value: $566,486
  • Assessed Improvements Value: $81,964

    Sales

  • Current Sale Contract Date: Jul 09, 2004
  • Current Sale Recording Date: Aug 11, 2004
  • Current Sale Transaction ID: 1028787427
  • Current Sale Price: $484,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004000729326

    Last Sale Mortgage

  • First Mortgage Lender: LONG BEACH MORTGAGE CO
  • First Mortgage Transaction Date: Aug 11, 2004
  • First Mortgage Loan Amount: $387,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2034
  • Second Mortgage Loan Amount: $96,800

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 531 West Gage Avenue located in?
The 531 West Gage Avenue is a located in the neighborhood of Orange in Fullerton, Fullerton.
What is the average sales price for listings in 531 West Gage Avenue?
The average sales price for units in 531 West Gage Avenue is $0 currently.

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