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538 Somerset Drive

538 Somerset Drive, Placentia, CA 92870
Property in Orange
Refi Jun 24, 1999
Transfer
$207,000 by Ohio Svgs Bank
Mortgage Due Jul 01, 2029
538 Somerset Drive in Placentia, CA was first built in 1966 and is 58 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 538 Somerset Drive has 3,757 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 850 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 8,500 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. For those who need parking, there is a garage. The garage is 616 sqft. There are a total of 2 available parking spaces. As for heating, the home is utilizing a heating system. 538 Somerset Drive was last assessed in 2023. The total value of the property was assessed at $208,724. Specifically, the land the property is located on was valued at $35,086. While improvements on the property were assessed at a total of $173,638. 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 $2,977. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,757
  • Gross Building Area: 4,373
  • Building Area: 3,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,757
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 5842
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 5842 BLK LOT 1

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 011709

Geography

  • Assessors Map Reference: 7-C2
  • Subdivision Tract Number: 5842
  • Parcel: 336-134-04
  • Lot: 1
  • Latitude: 33.8985
  • Longitude: -117.855

    Address

  • Full Address: 538 Somerset Dr
  • Address - House Number: 538
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Placentia
  • Carrier Code: C014
  • 4-Digit Zip Code: 2027
  • Zip Code: 92870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,977
  • Tax Rate Code Area: 09-004

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,526,147
  • High Value: 1,839,646
  • Low Value: 1,212,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,000
  • First Open Lien Mortgage Lender: OHIO SVGS BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 1999
  • First Open Lien Mortgage Loan Amount: $207,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,724
  • Assessed Land Value: $35,086
  • Assessed Improvements Value: $173,638

About Placentia



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Frequently Asked Questions

What neighborhood is 538 Somerset Drive located in?
The 538 Somerset Drive is a located in the neighborhood of Orange in Placentia, Placentia.
What is the average sales price for listings in 538 Somerset Drive?
The average sales price for units in 538 Somerset Drive is $0 currently.

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