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8482 Velvet Circle

8482 Velvet Circle, Huntington Beach, CA 92646
Property in Huntington Beach
Sold Oct 19, 2017
$899,000
$719,200 by Quicken Loans Inc
Mortgage Due Nov 01, 2032
Sold Oct 08, 1999
Transfer
Local assessors in Huntington Beach, CA have categorized 8482 Velvet Circle as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 7,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary 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 8482 Velvet Circle has a total of 2,138 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 357 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 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. 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, 8482 Velvet Circle sold most recently in Aug 14, 2017 for a total of $899,000. If you work out the math, that's approximately a cost of $420.49 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,281 in taxes each year. 8482 Velvet Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $990,978. If we break it down further, the land itself was valued at $826,893. Improvements to the property, however, were assessed at a total of $164,085. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 357
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,138
  • Gross Building Area: 2,495
  • Building Area: 2,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8958
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 8958 BLK LOT 49

Ownership

  • Current Owner : ELLIS GINA L
  • Current Owner 2: ELLIS MICHAEL R
  • Previous Owner : REICH KATHLEEN F
  • Owner Before Previous Owner: SECURITY TRUST COMPANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Huntington Beach Union High School District
  • Census Tract: 099245

Geography

  • Assessors Map Reference: 26-D4
  • Subdivision Tract Number: 8958
  • Parcel: 153-554-49
  • Lot: 49
  • Latitude: 33.6732
  • Longitude: -117.98

    Address

  • Full Address: 8482 Velvet Cir
  • Address - House Number: 8482
  • Address - Street Name: Velvet
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Huntington Beach
  • Carrier Code: C067
  • 4-Digit Zip Code: 3833
  • Zip Code: 92646

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,281
  • Tax Rate Code Area: 04-001

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,525,192
  • High Value: 1,799,432
  • Low Value: 1,250,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $719,200
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 19, 2017
  • First Open Lien Mortgage Loan Amount: $719,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $990,978
  • Assessed Land Value: $826,893
  • Assessed Improvements Value: $164,085

    Sales

  • Current Sale Contract Date: Aug 14, 2017
  • Current Sale Recording Date: Oct 19, 2017
  • Current Sale Transaction ID: 1397516951
  • Current Sale Price: $899,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017000444089
  • Previous Sale Recording Date: Oct 08, 1999
  • Previous Sale Contract Date: Jul 15, 1999
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 19, 2017
  • First Mortgage Loan Amount: $719,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 8482 Velvet Circle located in?
The 8482 Velvet Circle is a located in the neighborhood of Huntington Beach in Huntington Beach, Huntington Beach.
What is the average sales price for listings in 8482 Velvet Circle?
The average sales price for units in 8482 Velvet Circle is $0 currently.

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