8031 East San Luis Drive

8031 East San Luis Drive has been categorized by the local assessors in Orange, CA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 8031 East San Luis Drive has 3,412 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 5,775 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 653 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8031 East San Luis Drive was last sold in Jun 7, 2022 for $1,685,000. According to our calculations, that's $493.85 per sqft. Prior to that sales transaction, the property was sold for $575,000 in Oct 30, 2001. Current property owners are expected to pay $19,258 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 8031 East San Luis Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,718,700. To break that down further, the land itself was valued at $1,248,635. While improvements to the property were assessed at a total of $470,065. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.