8550 Garden Grove Blvd Garden Grove, CA 92844

$2,410,000 Sold Price as of 06/01/2018

-- Beds
-- Baths
10,224 Sq.Ft.

Off Market

$2,410,000 Sold Price as of 06/01/2018 Refinance Your Mortgage

Map preview of 8550 Garden Grove Blvd, Garden Grove, CA 92844

Property Overview: 8550 Garden Grove Blvd Garden Grove, CA has -- bedrooms, -- bathrooms, 10,224 living square feet and 24,067 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8550 Garden Grove Blvd 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 $610. 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 8550 Garden Grove Blvd

Last sold for $2,410,000 on June 1st, 2018

June, 2018
Jun 5, 2018

Date

Sold

CRMLS: OC18051874

$2,410,000

Price
Apr 9, 2018

Date

Pending

CRMLS: OC18051874

$2,500,000

Price
Mar 6, 2018

Date

Price Change

CRMLS: OC18051874

$2,500,000

Price
Mar 6, 2018

Date

Active

CRMLS: OC18051874

$250,000

Price
Listing provided courtesy of CRMLS

The building is a mix of office and retail of approximately 10, 224 gross sqft. The property is located on the corner of Garden Grove and Wilson, and provides great street visability on Garden Grove Blvd. • Fee simple Property • Significantly below replacement cost of $250 PSF • 10 Units leased and 7 vacant units • There are currently 10 tenants at the property and the new owner can occupy approximatley 50% of the property • Low inventory of office buildings in Garden Grove • Ideal Owner User property • Located by the 22, 405 and 5 Freeways • Garden Grove Boulevard Mixed Use 2 (GGMU-2). The Garden Grove Boulevard Mixed Use 2 zone applies to specific properties along Garden Grove Boulevard, and provides for commercial and residential uses to be developed as integrated developments either on a single development site or as complementary uses within a district, such as commercial uses that provide goods and services for adjacent or integrated residential units. This zone implements the General Plan Residential/Commercial Mixed Use 2 and 3 land use designations. Development intensities are lower in scale (no more than three to four stories) and respect adjacencies to lower-density residential neighborhoods. Development approaches provide for ample landscaping and an enhanced pedestrian environment along Garden Grove Boulevard, with buildings oriented toward the boulevard. Site and building design highlight Garden Grove

Continue Reading
June, 2018
Jun 1, 2018

Date

Sold (Public Records)

Public Records

$2,410,000

Price
April, 2017
Apr 7, 2017

Date

Sold (Public Records)

Public Records

$1,935,000

Price

Tax History for 8550 Garden Grove Blvd

Assessed Value (2020): $2,507,364

Year	Land Value	Improved Value	Assessed Value
2020	$1,560,600	$946,764	$2,507,364

About 8550 Garden Grove Blvd

Detailed summary of property

8550 Garden Grove Blvd is categorized with a use code of Store/Office (Mixed Use) in Garden Grove, CA 92844 and last sold on June 1, 2018 for $2,410,000. This property has -- bedrooms, -- bathrooms, roughly 10,224 living square feet, and sits on an approximately 24,067 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 158.58% higher than the current median priced home. 8550 Garden Grove Blvd was last sold on June 1, 2018 for $2,410,000. Local nearby listings include 9562 Arlene Ave, 13611 Olive St and 12122 Gilbert St. The average home in Garden Grove, CA is selling in 33 days. There are currently 119 homes for sale in the Garden Grove real estate market and 98 of them are single family homes while 17 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 8550 Garden Grove Blvd Garden Grove, CA 92844 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 8550 Garden Grove Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1962
Sq. Ft.: 10,224
Lot Size: 24,067
Stories: 2

Type: Store/Office (Mixed Use)
Pool: No
Spa: No
County: Orange
Lot#: 1
APN: 097-213-37

The source for these homes facts are from public records.

92844 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,050,000

Median List Price/Sq.Ft.

$624

Median Sold Price

$786,000

Median Sold Price/Sq.Ft.

$524

Total Inventory

Median Sale to List Price %

95.97%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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