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5542 Oak Drive

5542 Oak Drive, La Palma, CA 90623
House in La Palma
Sold Apr 06, 2020
$795,000
$693,800 by Bank Of America Na
Mortgage Due Apr 01, 2052
Local assessors in La Palma, CA have categorized 5542 Oak Drive as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 4,628 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5542 Oak Drive has a total of 2,208 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 500 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 19, 2020 for $795,000. That's $360.05 per sqft. 5542 Oak Drive was last assessed in 2023. The total value of the property was assessed at $835,686. Specifically, the land the property is located on was valued at $688,467. While improvements on the property were assessed at a total of $147,219. 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 $9,413. 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. 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.

Building Features

Exterior

Stucco Exterior
Wood Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 4,628
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 5893 BLK LOT 5

Ownership

  • Current Owner : CRUZ JUAN CAROL H
  • Previous Owner : TABAK ELAIEN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 110301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9-E2
  • Subdivision Tract Number: 5893
  • Parcel: 263-112-05
  • Lot: 5
  • Latitude: 33.8538
  • Longitude: -118.036

    Address

  • Full Address: 5542 Oak Dr
  • Address - House Number: 5542
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: La Palma
  • Carrier Code: C063
  • 4-Digit Zip Code: 1303
  • Zip Code: 90623

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,413
  • Tax Rate Code Area: 16-015

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,089,343
  • High Value: 1,282,417
  • Low Value: 896,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $693,800
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $693,800
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $835,686
  • Assessed Land Value: $688,467
  • Assessed Improvements Value: $147,219

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11753833859
  • Current Sale Price: $795,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000154654

    Last Sale Mortgage

  • First Mortgage Lender: DATA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 06, 2020
  • First Mortgage Loan Amount: $706,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5542 Oak Drive located in?
The 5542 Oak Drive is a house located in the neighborhood of La Palma in La Palma, La Palma.
What is the average sales price for listings in 5542 Oak Drive?
The average sales price for units in 5542 Oak Drive is $0 currently.

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