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8672 Lomay Avenue

8672 Lomay Avenue, Garden Grove, CA 92844
Property in Garden Grove
Sold Mar 02, 2018
$735,000
$465,000 by United Wholesale Mortgage
Mortgage Due Jul 01, 2051
Sold May 10, 2006
$610,000
$488,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2036
Local assessors in Garden Grove, CA have categorized 8672 Lomay Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,605 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 650 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 5 full bathrooms. There are also 6 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 8672 Lomay Avenue has a total of 2,065 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 400 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 average. 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 - C. The home's floor/wall heating system is the primary heating source and it is being fueled with gas. 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, 8672 Lomay Avenue sold most recently in Feb 27, 2018 for a total of $735,000. If you work out the math, that's approximately a cost of $355.93 per sqft. Before that, the property was also sold for $610,000 in Apr 10, 2006. 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 $10,195 in taxes each year. 8672 Lomay Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $803,829. If we break it down further, the land itself was valued at $658,206. Improvements to the property, however, were assessed at a total of $145,623. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,605
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,065
  • Building Area: 2,065
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,065
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2420
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 2420 BLK LOT 69

Ownership

  • Current Owner : VU JASMINE
  • Previous Owner : PHAM TIMOTHY T
  • Previous Owner 2: NGUYEN THAI UYEN T
  • Owner Before Previous Owner: NGUYEN HANH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Huntington Beach Union High School District
  • Census Tract: 088802

Geography

  • Assessors Map Reference: 15-D6
  • Subdivision Tract Number: 2420
  • Parcel: 097-433-16
  • Lot: 69
  • Latitude: 33.7601
  • Longitude: -117.978

    Address

  • Full Address: 8672 Lomay Ave
  • Address - House Number: 8672
  • Address - Street Name: Lomay
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Garden Grove
  • Carrier Code: C052
  • 4-Digit Zip Code: 2513
  • Zip Code: 92844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,195
  • Tax Rate Code Area: 18-065

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,090,045
  • High Value: 1,286,880
  • Low Value: 893,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $465,000
  • 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: $803,829
  • Assessed Land Value: $658,206
  • Assessed Improvements Value: $145,623

    Sales

  • Current Sale Contract Date: Feb 27, 2018
  • Current Sale Recording Date: Mar 02, 2018
  • Current Sale Transaction ID: 11423943996
  • Current Sale Price: $735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018000075907
  • Previous Sale Recording Date: May 10, 2006
  • Previous Sale Contract Date: Apr 10, 2006
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: IAPPROVE LENDING INC
  • First Mortgage Transaction Date: Mar 02, 2018
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 10, 2006
  • Previous Mortgage Loan Amount: $488,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Garden Grove



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Frequently Asked Questions

What neighborhood is 8672 Lomay Avenue located in?
The 8672 Lomay Avenue is a located in the neighborhood of Garden Grove in Garden Grove, Garden Grove.
What is the average sales price for listings in 8672 Lomay Avenue?
The average sales price for units in 8672 Lomay Avenue is $0 currently.

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