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7061 Sommerset Circle

7061 Sommerset Circle, La Palma, CA 90623
Property in La Palma
Sold Oct 20, 1998
$300,000
7061 Sommerset Circle has been categorized by the local assessors in La Palma, CA as a residential type of property. The building on the property was first built in 1973 and is 51 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, 7061 Sommerset Circle has 2,020 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 4,655 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 468 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 excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. 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 Sep 2, 1998 for $300,000. That's $148.51 per sqft. 7061 Sommerset Circle was last assessed in 2023. The total value of the property was assessed at $706,021. Specifically, the land the property is located on was valued at $550,929. While improvements on the property were assessed at a total of $155,092. 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 $8,011. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 468
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,655
  • Total Building Area: 2,020
  • Gross Building Area: 2,488
  • Building Area: 2,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8302
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 8302 BLK LOT 9

Ownership

  • Current Owner : CHOI DO KUK
  • Current Owner 2: CHOI JUNG JA
  • Previous Owner : BARNES GERALD G
  • Previous Owner 2: BARNES DEENA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 110115

Geography

  • Assessors Map Reference: 9-E1
  • Subdivision Tract Number: 8302
  • Parcel: 263-041-18
  • Lot: 9
  • Latitude: 33.8578
  • Longitude: -118.041

    Address

  • Full Address: 7061 Somerset Cir
  • Address - House Number: 7061
  • Address - Street Name: Somerset
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: La Palma
  • Carrier Code: C062
  • 4-Digit Zip Code: 1112
  • Zip Code: 90623

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,011
  • Tax Rate Code Area: 16-015

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 1,072,402
  • High Value: 1,281,995
  • Low Value: 862,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,021
  • Assessed Land Value: $550,929
  • Assessed Improvements Value: $155,092

    Sales

  • Current Sale Contract Date: Sep 02, 1998
  • Current Sale Recording Date: Oct 20, 1998
  • Current Sale Transaction ID: 1035005834
  • Current Sale Price: $300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19980708866

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Oct 20, 1998
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2028

About La Palma



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Frequently Asked Questions

What neighborhood is 7061 Sommerset Circle located in?
The 7061 Sommerset Circle is a located in the neighborhood of La Palma in La Palma, La Palma.
What is the average sales price for listings in 7061 Sommerset Circle?
The average sales price for units in 7061 Sommerset Circle is $0 currently.

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