Old Towne Orange Historic for well under $600k?!@#?$!@

Yup…and there is a small catch (and a big bonus). Let’s start with the catch — this home is…compact and efficient. Though, some people might also call it small and cramped. It’s 407 square feet — which is about the size of many studio apartments. But being a single family home, the space expands to the yard. And while it isn’t huge (the lot is just under 2200 square feet) — it really expands the livability of this house.

I actually think this makes a great first home because you get all of the same benefits…just in smaller quantities. And if you are worried about many lenders have a minimum size home they will lend on…they do have a minimum: 400 square feet in most cases.

Now I also said this house has a bonus, too. It already has a Mills Act contract. Mills Act is the wonderful California law that allows for some historic properties to obtain relief on their property taxes. They do using a different calculation for the property’s assessed value. In this case, for the 2018/2019 tax year it’s assessed at just under $152,000. Using a very rough calculation (email me for something more specific) this is a savings of about $350/mo. It’s like paying $60k less for the house.

I wouldn’t sit on this one. You know you want to take a look and we want to show it to you. Hit us up and we can make it happen.

914 E Almond Avenue, Orange, CA 92866 (MLS # PV19079220)

(all data current as of 5/24/2019)
Price $585,000
Beds 1
Baths 1 bath
Home size 407 sq ft
Lot Size 2,178 sqft
Days on Market 39
Status Active
This cute 1930's California bungalow located in the heart of the Historic Old Towne District of Orange is just steps from Pitcher Park. Charming front porch leads into the living room with hardwood floors. The kitchen features include a La Germania stainless steel stove with glass lid and period tiled counters. Bedroom features a walk-in closet. The bathroom has a vintage claw foot tub, period hex black/white floor tiles, original clothes hamper and pedestal sink. Garage has newer roll up door, laundry hookups and storage. Trex deck and portico off the kitchen. Walk to Old Towne, schools, restaurants, and more. This Historic Home is currently under the "Mills Act".

Property Type(s): Single Family

Last Updated 4/16/2019 Tract
Year Built 1930 Community OTO - Old Towne Orange
Garage Spaces n/a County Orange
Total Parking n/a

Schools

School District Orange Unified
Elementary School PALMYR
High School ORANGE3

Additional Details

Lot 2178 sq ft Area OTO - Old Towne Orange
HOA Dues 0.00 Parking Spaces: 1.00
Pool Description None Sewer Public Sewer
Stories 1 Utilities Electricity Connected,Natural Gas Connected,Sewer Connected
View Description None Water Public
Zoning R1 Lot Dimensions 2178

Features

Air None
Garage Direct Garage Access, Driveway, Driveway Level
Heat Baseboard
Lot Description Park Nearby
Style Bungalow, Craftsman

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Kim Zappulla CalDRE: 01056984, Keller and Associates Realty/P

(view all details for MLS #PV19079220)

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