10851 Palma Vista Ave Garden Grove, CA 92840

$1,650,000 Sold Price as of 11/27/2007

-- Beds
-- Baths
5,025 Sq.Ft.

Off Market

$1,650,000 Sold Price as of 11/27/2007 Refinance Your Mortgage

Map preview of 10851 Palma Vista Ave, Garden Grove, CA 92840

Property Overview: 10851 Palma Vista Ave Garden Grove, CA has -- bedrooms, -- bathrooms, 5,025 living square feet and 9,695 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

10851 Palma Vista Ave 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 $900,000. The median price per/sqft for Garden Grove is $604. 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 $180,000 for the down payment and will need roughly $18,000 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 $42,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 10851 Palma Vista Ave

Last sold for $1,650,000 on November 27th, 2007

August, 2024
Aug 7, 2024

Date

Canceled

CRMLS: OC23071782

$4,650,000

Price
Apr 27, 2023

Date

Active

CRMLS: OC23071782

$4,900,000

Price
Listing provided courtesy of CRMLS

Motivated Seller. This 16 Unit apartment complex located close to Disneyland. Current Cap 5.4 %. Average rents are month to month $1743.44 per unit plus: Laundry, storage and parking income. All units have been remodeled with tile floors, granite counters in kitchens, new cabinets, dual paned windows, range, and paint. 24 parking spots are provided with additional street parking. Each unit is 1 bedroom and 1 bathroom with an average of 628 square feet per unit. All tenants are current on rent and all leases are month to month. Addresses are 10851-10861 Palma Vista, buildings are contiguous. Separate gas and electric meters.

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November, 2007
Nov 27, 2007

Date

Sold (Public Records)

Public Records

$1,650,000

Price
April, 2000
Apr 4, 2000

Date

Sold (Public Records)

Public Records

$725,000

Price

Tax History for 10851 Palma Vista Ave

Assessed Value (2020): $990,860

Year	Land Value	Improved Value	Assessed Value
2020	$754,392	$236,468	$990,860

About 10851 Palma Vista Ave

Detailed summary of property

10851 Palma Vista Ave is categorized with a use code of Apartments (Generic) in Garden Grove, CA 92840 and last sold on November 27, 2007 for $1,650,000. This property has -- bedrooms, -- bathrooms, roughly 5,025 living square feet, and sits on an approximately 9,695 square foot lot. Homes in Garden Grove are selling for a median price of $845,000 and a median price per square foot of $595. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 95.27% higher than the current median priced home. 10851 Palma Vista Ave was last sold on November 27, 2007 for $1,650,000. Local nearby listings include 1351 W Cerritos Ave #4, 11081 Iris Dr and 12151 Nieta Dr. The average home in Garden Grove, CA is selling in 32 days. There are currently 161 homes for sale in the Garden Grove real estate market and 113 of them are single family homes while 38 of them are condos and 10 are townhomes. If you are the homeowner and looking to sell the home at 10851 Palma Vista Ave 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 10851 Palma Vista Ave

Public county record property details

Beds: --
Baths: --
Year built: 1961
Sq. Ft.: 5,025
Lot Size: 9,695
Stories: 2

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 24
APN: 089-651-10

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

$875,000

Median List Price/Sq.Ft.

$604

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$558

Total Inventory

Median Sale to List Price %

101.69%

Avg Days on Market

Loan Type

Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

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