11 months on rocket

7242 Valley View St, Buena Park, CA, 90620

$2,200,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,982 SqFt
$1,110/SqFt
House

Location

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7242 Valley View St, Buena Park$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1953
CoolingCentral Air
FireplaceGas
ViewNone
MLS #OC23211729
Lot Size0.62 Acres
StatusActive

About 7242 Valley View St

Owner of the property is a principal to this transaction and is the developer. The property has received a Tentative parcel Map approval by the City to divide the existing property into 3 separate LOTs. This will be a recorded final map at close of escrow and will have 3 new APNs. The plans allow for a single family residence and an ADU for each new parcel. Specifically the goal in mind was to relocate and remodel the existing house on the property and move it to another part of the lot and construct a new ADU on that LOT (Lot 1). Then you would be able to construct 2 new single family homes of approximately 3500 SF and an 1000 SF ADU on each lot. (Lot 2 and Lot 3) Seller is not paying for any of the permits, this would be responsibility of the buyer. Plans for Lot 1 only will be approved and permit ready. Buyer will need to submit plans for Lots 2/3. Please note, the new buyer is purchasing the approved and finaled Parcel Map, Approved plans for only 1 lot and 1 ADU. This is specifically the existing house relocation. The developer is not including any of the actual construction as a part of this sale. Approved plans only. I will attach the plans for review. Currently the property is being leased for $ 4500 per month.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,982 SqFt

Listing Office:

  • Office Name: Marc Lebanoff,Broker
  • Office Phone: (702) 336-0636
  • Listing Agent: Marc Lebanoff

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.62 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Buena Park High School, Public Magnet Grades 9-12

Other

Directions Information:

  • Directions: 91 Freeway off at Valleyview go South, 1st house on East side of street before 91 Freeway entrance

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $1,110/SqFt

Tax Information:

  • Annual Amount: $7,230
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Buena Park, CA.

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Buena Park, CA

City

Med. Sold Price

$891K

Med. Price/SqFt

$596

Avg. Days On Market

26

# of Sold Homes

37

7242 Valley View St vs Buena Park

355 DAYS ON ROCKET

+329 Days

$2,200,000

+$1.3M More

$1,110/SqFt

+$514 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $514/SqFt more than other homes in Buena Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC23211729

Listing Office:

  • Office Name: Marc Lebanoff,Broker
  • Office Phone: (702) 336-0636
  • Listing Agent: Marc Lebanoff

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 1988Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,230$624,116
2020$7,141$617,717
2019$6,832$605,605
2018$6,833$593,731
2017$6,737$582,090

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2012606
6
/10

  • Buena Park High School

  • 8833 Academy Dr

  • 2.82 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,796. Typical income of Buena Park, CA residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7242 Valley View St

What is the listing price of this property?

The listing price of 7242 Valley View St property is $2,200,000.

What type of property is this?

The property 7242 Valley View St is a house located in Buena Park, California, 90620.

Is this property for sale now?

Active Listing: 7242 Valley View St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7242 Valley View St are:
Buena Park High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,230 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 1988 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7242 Valley View St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7242 Valley View St is 1,982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7242 Valley View St is 1953.

Rocket Homes›California›Orange County›Buena Park›90620›7242 Valley View St

This home is located at 7242 Valley View St in Buena Park, CA and zip code 90620. This 1,982 square foot home, which was built in 1953, sits on a 0.62 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $2,200,000.

In October 2024 more than 16 listings in Buena Park, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Buena Park, CA between September 2024 and October 2024 increased by 1.7%. The median list price of listings available in October 2024 was $891,000, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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