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11761 Palmwood Drive

11761 Palmwood Drive, Garden Grove, CA 92840
Property in Garden Grove
Sold Oct 14, 2005
$565,000
Buyer
Seller
$452,000 by Americas Wholesale Lender
Mortgage Due Nov 01, 2035
Sold Jun 10, 2004
$480,000
$384,000 by Americas Wholesale Lender
Mortgage Due Jun 01, 2034
Local assessors in Garden Grove, CA have categorized 11761 Palmwood Drive as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,440 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 7 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11761 Palmwood Drive has a total of 1,203 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 390 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 good. 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 - C. The building has a roof that is made of composition shingle. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 11761 Palmwood Drive sold most recently in Sep 13, 2005 for a total of $565,000. If you work out the math, that's approximately a cost of $469.66 per sqft. Before that, the property was also sold for $480,000 in May 12, 2004. 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 $8,358 in taxes each year. 11761 Palmwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $686,664. If we break it down further, the land itself was valued at $605,140. Improvements to the property, however, were assessed at a total of $81,524. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Metal
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 390
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 1,203
  • Gross Building Area: 1,203
  • Building Area: 1,203
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,203
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 2352 BLK LOT 1

Ownership

  • Current Owner : LEE TONY
  • Previous Owner : NGO THOMAS M
  • Owner Before Previous Owner: BUI JAMES
  • Owner Before Previous Owner 2: NGUYEN LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Garden Grove Unified School District
  • Census Tract: 088301

Geography

  • Assessors Map Reference: 16-A3
  • Subdivision Tract Number: 2352
  • Parcel: 089-394-13
  • Lot: 1
  • Latitude: 33.7918
  • Longitude: -117.95

    Address

  • Full Address: 11761 Palmwood Dr
  • Address - House Number: 11761
  • Address - Street Name: Palmwood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Garden Grove
  • Carrier Code: C026
  • 4-Digit Zip Code: 2014
  • Zip Code: 92840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,358
  • Tax Rate Code Area: 18-076

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 869,945
  • High Value: 1,023,887
  • Low Value: 716,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Oct 14, 2005
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Nov 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,664
  • Assessed Land Value: $605,140
  • Assessed Improvements Value: $81,524

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2005
  • Current Sale Recording Date: Oct 14, 2005
  • Current Sale Transaction ID: 1043831794
  • Current Sale Price: $565,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005000829284
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: May 12, 2004
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Oct 14, 2005
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Jun 10, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $384,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Garden Grove



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Frequently Asked Questions

What neighborhood is 11761 Palmwood Drive located in?
The 11761 Palmwood Drive is a located in the neighborhood of Garden Grove in Garden Grove, Garden Grove.
What is the average sales price for listings in 11761 Palmwood Drive?
The average sales price for units in 11761 Palmwood Drive is $0 currently.

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