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5421 Richmond Avenue

5421 Richmond Avenue, Garden Grove, CA 92845
Sold Oct 03, 2014
$577,000
$508,500 by Ony Glo Inc
Mortgage Due Jan 01, 2051
5421 Richmond Avenue has been categorized by the local assessors in Garden Grove, CA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 7 rooms. 3 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, 5421 Richmond Avenue has 1,630 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 472 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5421 Richmond Avenue sold most recently in Sep 5, 2014 for a total of $577,000. If you work out the math, that's approximately a cost of $353.99 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 $9,432 in taxes each year. 5421 Richmond Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $736,424. If we break it down further, the land itself was valued at $640,537. Improvements to the property, however, were assessed at a total of $95,887. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 472
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,630
  • Gross Building Area: 1,630
  • Building Area: 1,630
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 5228
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 5228 BLK LOT 210

Ownership

  • Current Owner : PERRY ADAM K
  • Current Owner 2: PERRY BABY LYN T
  • Previous Owner : BARNARD FAMILY PARTNERS LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Garden Grove Unified School District
  • Census Tract: 110005

Geography

  • Assessors Map Reference: 14-E4
  • Subdivision Tract Number: 5228
  • Parcel: 217-283-14
  • Lot: 210
  • Latitude: 33.7829
  • Longitude: -118.038

    Address

  • Full Address: 5421 Richmond Ave
  • Address - House Number: 5421
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Garden Grove
  • Carrier Code: C077
  • 4-Digit Zip Code: 1946
  • Zip Code: 92845

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,432
  • Tax Rate Code Area: 18-107

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 1,066,877
  • High Value: 1,263,589
  • Low Value: 870,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,500
  • First Open Lien Mortgage Lender: ONY GLO INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $508,500
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736,424
  • Assessed Land Value: $640,537
  • Assessed Improvements Value: $95,887

    Sales

  • Current Sale Contract Date: Sep 05, 2014
  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Transaction ID: 1033477156
  • Current Sale Price: $577,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014000404287

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Oct 03, 2014
  • First Mortgage Loan Amount: $461,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

About Garden Grove



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Frequently Asked Questions

What neighborhood is 5421 Richmond Avenue located in?
The 5421 Richmond Avenue is a located in the neighborhood of West Garden Grove in Garden Grove, Garden Grove.
What is the average sales price for listings in 5421 Richmond Avenue?
The average sales price for units in 5421 Richmond Avenue is $0 currently.

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