8615 Mac Kay Rd, Garden Grove, CA 92841
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8615 Mac Kay Rd Garden Grove, CA 92841

$895,000 Sold Price as of 12/22/2020
  • 7 Beds
  • 3 Baths
  • 2,589 Sq.Ft.
Sold
$895,000 Sold Price as of 12/22/2020 Refinance Your Mortgage

Map preview of 8615 Mac Kay Rd, Garden Grove, CA 92841

Property Overview: 8615 Mac Kay Rd Garden Grove, CA has 7 bedrooms, 3 bathrooms, 2,589 living square feet and 7,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** GREAT INVESTMENT OPPORTUNITY*** THIS IS A THREE UNIT PROPERTY...MAIN HOUSE FEATURES, THREE BEDROOMS AND ONE FULL BATH APPROX 889 SQFT. PERMITTED "ADU" UNIT POSSESS TWO SPACIOUS BEDROOMS AND ONE FULL BATH APPROX 900 SQFT. THIRD STRUCTURE IS A 40 FT LONG TWO STORY GARAGE.THE SECOND LEVEL OF THE GARAGE WAS CONVERTED INTO A A TWO BEDROOM AND ONE BATH.(PER CITY CODE IT IS APPROVED AS A GARAGE AND UPPER LEVEL AS A STORAGE AREA) WITH NEW CITY CONSTRUCTION GUIDELINES YOU MAY LEGALLY CONVERT THIS TO A PERMITTED APARTMENT. SELLER HAS KEPT ALL UNITS IN WELL MAINTAIN CONDITIONS.

Listed by Salatiel Montoya | BRE #01433437 | Anela Realty
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1953
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20228080
City
Garden Grove
County
Orange
Time on Site
1409 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $8,000
  • Net Operating Income: $7,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,000
  • Electric: $380
  • Gas/Fuel: $250
  • New Taxes: $8,896
  • Trash: $150
  • Gardener: $150
  • Insurance: $875
  • Water/Sewer: $150

Property Details for 8615 Mac Kay Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, Wall Furnace, See Remarks
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Bonus Room, Converted Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Other
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 13247230
  • Year Built Source: Public Records
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: /
  • Directions: Chapman Ave/Dale St
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Garden Grove Agent

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Sale History for 8615 Mac Kay Rd

Last sold for $895,000 on December 22nd, 2020
  • December, 2020

  • Dec 22, 2020

    Date

    Sold

    CRMLS: PW20228080

    $895,000

    Price

  • Nov 9, 2020

    Date

    Pending

    CRMLS: PW20228080

    $895,000

    Price

  • Nov 9, 2020

    Date

    Active

    CRMLS: PW20228080

    $895,000

    Price

  • Nov 5, 2020

    Date

    Hold

    CRMLS: PW20228080

    $895,000

    Price

  • Oct 29, 2020

    Date

    Active

    CRMLS: PW20228080

    $895,000

    Price

  • December, 2020

  • Dec 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $895,000

    Price

  • October, 2019

  • Oct 20, 2019

    Date

    Expired

    CRMLS: EV18271475

    $999,000

    Price

  • Aug 5, 2019

    Date

    Withdrawn

    CRMLS: EV18271475

    $999,000

    Price

  • Aug 5, 2019

    Date

    Hold

    CRMLS: EV18271475

    $999,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: EV18271475

    $999,000

    Price

  • Jul 5, 2019

    Date

    Hold

    CRMLS: EV18271475

    $999,000

    Price

  • Apr 30, 2019

    Date

    Active

    CRMLS: EV18271475

    $999,000

    Price

  • Apr 19, 2019

    Date

    Expired

    CRMLS: EV18271475

    $999,000

    Price

  • Feb 17, 2019

    Date

    Price Change

    CRMLS: EV18271475

    $999,000

    Price

  • Feb 12, 2019

    Date

    Active

    CRMLS: EV18271475

    $1,200,000

    Price

  • Jan 29, 2019

    Date

    Hold

    CRMLS: EV18271475

    $1,200,000

    Price

  • Jan 14, 2019

    Date

    Price Change

    CRMLS: EV18271475

    $1,200,000

    Price

  • Nov 12, 2018

    Date

    Active

    CRMLS: EV18271475

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    ***NEW CONSTRUCTION*** WHICH FEATURES 2 BEDROOMS & 1 BATH APPROX 950 SQFT. MAIN HOME FEATURES 3 BEDROOMS 2 BATHS 879 SQFT. Do you need a property with a high quality detached building that can be converted to an additional dwelling unit? This property has a third independent building with a bathroom, electricity, sewer and gas already connected - it's fully insulated and built to normal residential standards. The second level over the garage is a huge open room of about 860 sq/ft and is beautifully appointed – the building is approved by the City as a garage and the upper level as a storage area. Potential uses for the separate building are limited only by your imagination (and the newly revised City Code). A major change of the City's Code has just been approved - check the revised code to determine how easily you can convert the second structure to a 2 bedroom apartment! It's begging for an enterprising buyer who sees the exciting possibilities. Maybe you need space for lots of cars? There’s a spotless 4 car garage and a new concrete driveway Act now!

  • September, 2019

  • Sep 23, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2017

  • Aug 20, 2017

    Date

    Pending

    CRMLS: PW17030928

    $629,900

    Price

  • Aug 4, 2017

    Date

    Active Under Contract

    CRMLS: PW17030928

    $629,900

    Price

  • Jun 9, 2017

    Date

    Price Change

    CRMLS: PW17030928

    $629,900

    Price

  • Apr 20, 2017

    Date

    Price Change

    CRMLS: PW17030928

    $639,500

    Price

  • Mar 27, 2017

    Date

    Price Change

    CRMLS: PW17030928

    $649,500

    Price

  • Feb 14, 2017

    Date

    Active

    CRMLS: PW17030928

    $695,000

    Price

  • Feb 14, 2017

    Date

    Hold

    CRMLS: PW17030928

    $695,000

    Price

  • Feb 14, 2017

    Date

    Active

    CRMLS: PW17030928

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    Do you need a property with a high quality detached building that can be converted to an additional dwelling unit? This property has a second independent building with a bathroom, electricity, sewer and gas already connected - it's fully insulated and built to normal residential standards. The second level over the garage is a huge open room of about 860 sq/ft and is beautifully appointed – the building is approved by the City as a garage and the upper level as a storage area. Potential uses for the separate building are limited only by your imagination (and the newly revised City Code). A major change of the City's Code has just been approved - check the revised code to determine how easily you can convert the second structure to a 2 bedroom apartment! It's begging for an enterprising buyer who sees the exciting possibilities. Maybe you need space for lots of cars? There’s a spotless 4 car garage and a new concrete driveway that will fit another 4 or 5 cars. The house and the area over the garage have both been renovated beautifully with high quality cabinets & counter tops, no expense has been spared! Both buildings have new windows, new carpet, and new blinds, in fact you’d be hard pressed to find anything that isn’t brand new and meticulously presented. This is not a low cost renovation; this is a hugely expensive restoration. Quite simply, this property is unique, with exciting potential uses - if you need a conventional home with an additional building, act now!

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Tax History for 8615 Mac Kay Rd

Assessed Value (2020): $705,433
Year Land Value Improved Value Assessed Value
2020 $590,438 $114,995 $705,433

Home Value Compared to the Market

This property vs the competition

8615 Mac Kay Rd sold on December 22, 2020 for 5.92% higher than the current median sold price for the city of Garden Grove which is $845,000. The median sold price per/sqft for Garden Grove is $595 and this home is sold at $345.69 per/sqft which puts the price per square foot 41.9% lower than the current median sale per square foot for the city of Garden Grove.

About 8615 Mac Kay Rd

Detailed summary of property

8615 Mac Kay Rd is a multi family that recently sold in Garden Grove, CA 92841. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,589 living square feet, and sits on an approximately 7,200 square foot lot. 8615 Mac Kay Rd was first listed on ArdentRealEstateGroup.com on November 9, 2020. The homeowner sold the property for $895,000. Home 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 5.92% higher than the current median priced home. Local homes that are currently for sale include 1339 Peterson Ave, 1348 E Wesley Dr and 13612 Earlham Dr. While the average home in Garden Grove, CA is selling in 34 days, 8615 Mac Kay Rd has a days on market of 5 days. There are currently 157 homes for sale in the Garden Grove real estate market and 112 of them are single family homes while 37 of them are condos and 8 are townhomes. For more information on this home for sale at 8615 Mac Kay Rd Garden Grove, CA 92841 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 8615 Mac Kay Rd

Public county record property details
Beds
3
Baths
1
Year built
1953
Sq. Ft.
879
Lot Size
7,200
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
83
APN
132-472-30

The source for these homes facts are from public records.

92841 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,500
Median List Price/Sq.Ft.
$571
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$646
Total Inventory
31
Median Sale to List Price %
105.71%
Avg Days on Market
14
Loan Type
Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.