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5581 Oak Meadow Drive

5581 Oak Meadow Drive, Yorba Linda, CA 92886
Property in Orange
Sold Jun 25, 2021
$1,075,000
$822,000 by Citibank Na
Mortgage Due Jul 01, 2051
Sold Sep 22, 2020
$950,000
$649,500 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
5581 Oak Meadow Drive has been categorized by the local assessors in Yorba Linda, CA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5581 Oak Meadow Drive has 2,315 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,600 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 672 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 18, 2021 for $1,075,000. That's $464.36 per sqft. Prior to that sales transaction, the property was also sold in Aug 3, 2020 for $950,000. 5581 Oak Meadow Drive was last assessed in 2023. The total value of the property was assessed at $1,118,430. Specifically, the land the property is located on was valued at $970,495. While improvements on the property were assessed at a total of $147,935. 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 $12,510. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 2,315
  • Gross Building Area: 2,987
  • Building Area: 2,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 6939
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 6939 BLK LOT 41

Ownership

  • Current Owner : MCCARTHY CHRISTOPHER
  • Current Owner 2: MCCARTHY NADIA
  • Previous Owner : BELENES BOGDAN ALEXANDRU
  • Owner Before Previous Owner: BELENES AUREL
  • Owner Before Previous Owner 2: BELENES RELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Placentia-Yorba Linda Unified School District
  • Census Tract: 021816

Geography

  • Assessors Map Reference: 8-C4
  • Subdivision Tract Number: 6939
  • Parcel: 349-192-38
  • Lot: 41
  • Latitude: 33.8801
  • Longitude: -117.789

    Address

  • Full Address: 5581 Oak Meadow Dr
  • Address - House Number: 5581
  • Address - Street Name: Oak Meadow
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Yorba Linda
  • Carrier Code: C021
  • 4-Digit Zip Code: 5626
  • Zip Code: 92886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,510
  • Tax Rate Code Area: 25-038

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,313,781
  • High Value: 1,552,269
  • Low Value: 1,075,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $822,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,118,430
  • Assessed Land Value: $970,495
  • Assessed Improvements Value: $147,935

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11841096892
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000418807
  • Previous Sale Recording Date: Sep 22, 2020
  • Previous Sale Contract Date: Aug 03, 2020
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 22, 2020
  • Previous Mortgage Loan Amount: $649,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Yorba Linda



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Frequently Asked Questions

What neighborhood is 5581 Oak Meadow Drive located in?
The 5581 Oak Meadow Drive is a located in the neighborhood of Orange in Yorba Linda, Yorba Linda.
What is the average sales price for listings in 5581 Oak Meadow Drive?
The average sales price for units in 5581 Oak Meadow Drive is $0 currently.

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