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975 Orlando Road

975 Orlando Road, San Marino, CA 91108
Property in San Marino
Sold Sep 22, 2023
$16,200,000
$8,100,000 by Morgan Stanley Private Bank Na
Mortgage Due Oct 01, 2053
Sold Aug 12, 2004
Transfer
975 Orlando Road in San Marino, CA was first built in 1929 and is 95 years old. Although, the building on the property was most recently renovated and altered in 1930. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. There are a total of 2 floors. There are a total of 35 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 10 full bathrooms. There are 10 partial bathrooms. 975 Orlando Road has 10,811 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 3,800 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 78,289 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of tile. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 975 Orlando Road sold most recently in Aug 16, 2023 for a total of $16,200,000. If you work out the math, that's approximately a cost of $1,498.47 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 $141,630 in taxes each year. The initial year of tax delinquency occurred in 2021. 975 Orlando Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,991,725. If we break it down further, the land itself was valued at $8,976,600. Improvements to the property, however, were assessed at a total of $4,015,125. The property's total assessed value has been marked as more than the total market value 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.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: 1929
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 35
  • Bedroom Count: 9
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 78,289
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 3,800
  • Total Building Area: 10,811
  • Building Area: 10,811
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 10,811
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARDENGROVE
  • Land Acres: 1.797
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARDENGROVE LOT 97 AND LOT COM AT SE COR OF LOT 98 TH S 79 34'58 W 207.76 FT TH N 4 50' W 125 FT TH N 9 20' E 35 FT TH S72 23'52 E 220.86 FT TO W LINE OF ORLANDO RD TH S THEREON 55 FT TO BEG PART OF LOT 98

Ownership

  • Current Owner : SHON AND ALLISON MORGAN TRUST
  • Current Owner 2: MORGAN
  • Previous Owner : 818 WEST 7TH STREET LLC
  • Owner Before Previous Owner: LIN FRANK TZU HSU
  • Owner Before Previous Owner 2: LIN FANG HWAI YU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Marino Unified School District
  • Census Tract: 464102

Zoning

  • Zoning: SOR122500*

Geography

  • Assessors Map Reference: 27-C6
  • Parcel: 5328-009-013
  • Lot: 97,98
  • Municipality: EAST /SN MRNO N HUNTG
  • Latitude: 34.1298
  • Longitude: -118.125

    Address

  • Full Address: 975 Orlando Rd
  • Address - House Number: 975
  • Address - Street Name: Orlando
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: San Marino
  • Carrier Code: C020
  • 4-Digit Zip Code: 1119
  • Zip Code: 91108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $141,630
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 08-541

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 68
  • Final Value: 4,457,272
  • High Value: 5,475,189
  • Low Value: 3,439,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,100,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $8,100,000
  • 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: Oct 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,991,725
  • Assessed Land Value: $8,976,600
  • Assessed Improvements Value: $4,015,125

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Transaction ID: 11913328360
  • Current Sale Price: $16,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 638358
  • Previous Sale Recording Date: Aug 12, 2004
  • Previous Sale Contract Date: Jul 01, 2004
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Sep 22, 2023
  • First Mortgage Loan Amount: $8,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About San Marino



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Frequently Asked Questions

What neighborhood is 975 Orlando Road located in?
The 975 Orlando Road is a located in the neighborhood of San Marino in San Marino, San Marino.
What is the average sales price for listings in 975 Orlando Road?
The average sales price for units in 975 Orlando Road is $0 currently.

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