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7622 Arroyo Circle

7622 Arroyo Circle, La Palma, CA 90623
House in La Palma
Sold Jul 21, 2022
$1,240,000
$865,000 by Celebrity Home Loans Llc
Mortgage Due Aug 01, 2052
Sold Jun 22, 2022
$1,240,000
Local assessors in La Palma, CA have categorized 7622 Arroyo Circle as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 7,650 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. 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 7622 Arroyo Circle has a total of 2,080 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. 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 460 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 pool 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 excellent. 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 - B. 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. 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, 7622 Arroyo Circle sold most recently in Jul 5, 2022 for a total of $1,240,000. If you work out the math, that's approximately a cost of $596.15 per sqft. Before that, the property was also sold for $1,240,000 in Apr 30, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $14,044 in taxes each year. 7622 Arroyo Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,240,000. If we break it down further, the land itself was valued at $1,077,945. Improvements to the property, however, were assessed at a total of $162,055. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 460
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,650
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,080
  • Gross Building Area: 2,540
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 6130
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 6130 BLK LOT 8

Ownership

  • Current Owner : ASFAW BENYAM
  • Current Owner 2: ASFAW LULIT
  • Previous Owner : REVIVE HQ INC
  • Owner Before Previous Owner: CRAIG FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Anaheim Union High School District
  • Census Tract: 110115

Geography

  • Assessors Map Reference: 9-D2
  • Subdivision Tract Number: 6130
  • Parcel: 263-152-18
  • Lot: 8
  • Latitude: 33.8519
  • Longitude: -118.049

    Address

  • Full Address: 7622 Arroyo Cir
  • Address - House Number: 7622
  • Address - Street Name: Arroyo
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: La Palma
  • Carrier Code: C059
  • 4-Digit Zip Code: 1448
  • Zip Code: 90623

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,044
  • Tax Rate Code Area: 16-020

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 1,259,453
  • High Value: 1,476,182
  • Low Value: 1,042,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $865,000
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 21, 2022
  • First Open Lien Mortgage Loan Amount: $865,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,240,000
  • Assessed Land Value: $1,077,945
  • Assessed Improvements Value: $162,055

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Transaction ID: 11892562461
  • Current Sale Price: $1,240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 255185
  • Previous Sale Recording Date: Jun 22, 2022
  • Previous Sale Contract Date: Apr 30, 2022
  • Previous Sale Amount: $1,240,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Mortgage Transaction Date: Jul 21, 2022
  • First Mortgage Loan Amount: $865,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUANTA FINANCE LLC
  • Previous Mortgage Transaction Date: Jun 22, 2022
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About La Palma



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Frequently Asked Questions

What neighborhood is 7622 Arroyo Circle located in?
The 7622 Arroyo Circle is a house located in the neighborhood of La Palma in La Palma, La Palma.
What is the average sales price for listings in 7622 Arroyo Circle?
The average sales price for units in 7622 Arroyo Circle is $0 currently.

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