10622 Tibbs Circle Garden Grove, CA 92840

$1,970,000 Sold Price as of 04/30/2012

-- Beds
-- Baths
12,281 Sq.Ft.

Off Market

$1,970,000 Sold Price as of 04/30/2012 Refinance Your Mortgage

Map preview of 10622 Tibbs Circle, Garden Grove, CA 92840

Property Overview: 10622 Tibbs Circle Garden Grove, CA has -- bedrooms, -- bathrooms, 12,281 living square feet and 19,560 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

10622 Tibbs Circle is currently an off market home in the city of Garden Grove. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Garden Grove has a median list price of $974,800. The median price per/sqft for Garden Grove is $595. With those numbers in mind, if you are looking to purchase a median priced home in Garden Grove, CA and put 20% down you will need to save up $194,960 for the down payment and will need roughly $19,496 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Garden Grove the commission could be as much as $46,600. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Garden Grove Agent

Sale History for 10622 Tibbs Circle

Last sold for $1,970,000 on April 30th, 2012

April, 2023
Apr 1, 2023

Date

Expired

CRMLS: OC22107904

$5,590,000

Price
May 20, 2022

Date

Active

CRMLS: OC22107904

$5,490,000

Price
Listing provided courtesy of CRMLS

Great investment opportunities to own a 17 units complex with mixed of 1 Studio, 8 1bed/1bath, 8 2bed/1bath. Rents are currently well below market, 1bed/1bath average rent is only $1,255 and 2bed/1bath average rent = $1,602 per month. Still have lots of room to improve on rental income as average rent is 24% below market rent. Each unit has its own 1 car garage except 1. Total separate 16 cars garages. New roof and re-pipe whole building about 8 years ago. Other amenities such as Community private pool for tenants to enjoy their hot summer, laundry room & Courtyard.

Continue Reading
August, 2021
Aug 30, 2021

Date

Withdrawn

CRMLS: OC21009846

$4,450,000

Price
Feb 16, 2021

Date

Price Change

CRMLS: OC21009846

$4,450,000

Price
Jan 15, 2021

Date

Active

CRMLS: OC21009846

$4,699,000

Price
Listing provided courtesy of CRMLS

This apartment is in a very high demand rental area with 0% vacancy. Well maintenance apartment. All Buildings have been Re-roof & Re-Pipes. Each unit now has its own shut off values for future maintenance. Rental income is well below market rent (about 20% rent upside).

Continue Reading
July, 2019
Jul 1, 2019

Date

Expired

CRMLS: OC18264556

$4,250,000

Price
Jun 5, 2019

Date

Withdrawn

CRMLS: OC18264556

$4,250,000

Price
Jan 29, 2019

Date

Price Change

CRMLS: OC18264556

$4,250,000

Price
Nov 2, 2018

Date

Active

CRMLS: OC18264556

$4,499,000

Price
Listing provided courtesy of CRMLS

This apartment is in a very high demand rental area with 0% vacancy. all Buildings have been Re-roof & Re-Pipes. Each unit now has its own shut off values for future maintenance. Rental income is well below market rent. 2 Bed / 1 Bath rental market price should be Minimum at $1400 - $1,500. There are lots of room on rental income, which will bring your cap ratio much higher.

Continue Reading
January, 2018
Jan 1, 2018

Date

Expired

CRMLS: OC16758328

$3,690,000

Price
Apr 14, 2017

Date

Withdrawn

CRMLS: OC16758328

$3,690,000

Price
Jan 6, 2017

Date

Price Change

CRMLS: OC16758328

$3,690,000

Price
Dec 6, 2016

Date

Active

CRMLS: OC16758328

$3,790,000

Price
Listing provided courtesy of CRMLS

This apartment is in a very high demand rental area with almost at 0% vacancy. All Buildings have just been Re-roof, and Re-Pipes. Each unit now has its own shut off values for future maintenance. Rental income is well below market rent. 2 Bed / 1 Bath rental market price should be Minimum at $1350 to $1450, but owner only has it at $1225/ month & 1bed / 1bath for only $975/M where market should be at $1200/M. There are lots of room on rental income, which will bring your cap ratio much higher.

Continue Reading
April, 2012
Apr 30, 2012

Date

Sold (Public Records)

Public Records

$1,970,000

Price
April, 2007
Apr 17, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 10622 Tibbs Circle

Assessed Value (2020): $2,262,550

Year	Land Value	Improved Value	Assessed Value
2020	$1,805,233	$457,317	$2,262,550

About 10622 Tibbs Circle

Detailed summary of property

10622 Tibbs Circle is categorized with a use code of Apartments (Generic) in Garden Grove, CA 92840 and last sold on April 30, 2012 for $1,970,000. This property has -- bedrooms, -- bathrooms, roughly 12,281 living square feet, and sits on an approximately 19,560 square foot lot. Homes in Garden Grove are selling for a median price of $932,000 and a median price per square foot of $637. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 111.37% higher than the current median priced home. 10622 Tibbs Circle was last sold on April 30, 2012 for $1,970,000. Local nearby listings include 2221 S Atlanta St, 2025 S Nevis Court and 9732 Gamble Ave. The average home in Garden Grove, CA is selling in 32 days. There are currently 116 homes for sale in the Garden Grove real estate market and 92 of them are single family homes while 18 of them are condos and 6 are townhomes. If you are the homeowner and looking to sell the home at 10622 Tibbs Circle Garden Grove, CA 92840 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 10622 Tibbs Circle

Public county record property details

Beds: --
Baths: --
Year built: 1960
Sq. Ft.: 12,281
Lot Size: 19,560
Stories: 2

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 11
APN: 089-613-18

The source for these homes facts are from public records.

92840 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$919,000

Median List Price/Sq.Ft.

$539

Median Sold Price

$655,000

Median Sold Price/Sq.Ft.

$528

Total Inventory

Median Sale to List Price %

100.77%

Avg Days on Market

Loan Type

Conventional (38.46%), FHA (7.69%), VA (0%), Cash (38.46%), Other (15.38%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote