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532 S Ohio Street
Anaheim, CA 92805
Monica Villalobos with Real Broker, original listing - (619) 248-6434
$1,298,880
Conventional
Property
Bedroom
5
Bathroom
Full: 5
Property Type
Conventional
Square ft
2343 Square Feet
Property Description
Originally built in 1931 and renovated in 2014, this Santa Fe style home with unobstructed Disneyland fireworks views combines historic charm with modern luxury. Entering the home directly into the open living & dining room, you’ll notice an abundance of natural light from the luxurious 10-ft ceilings and French doors. The beautiful solid Brazilian Rosewood flooring leads you to the spacious kitchen, tucked away from your guests’ view and is equipped with granite countertops, stainless steel appliances with two included Fisher Paykel refrigerators and plenty of storage space in its Thomasville cabinetry. Down the hall past the china cabinet and wine rack storage, you will find the office space with French doors leading to the backyard, laundry room with included Maytag washer/dryer and two more bedrooms. One bedroom hosts a built in storage desk and cedar lined closet with access to a large 3/4 bath. Adjacent, you’ll find one of the two primary bedrooms with en suite bath. The en-suite bath has a jetted tub/shower combo designed with natural granite & porcelain tiles. Upstairs, is where you’ll find the primary retreat and the best view of the Disney fireworks. The primary retreat features French doors leading out to your private balcony overlooking the backyard AND south facing view of the Disneyland fireworks. The en-suite bath houses a spacious enclosed shower, jetted tub with a gorgeous view, dual vanities and skylights for ultimate luxury. Next, the walk-in closet is every shopper’s dream with plenty of room for all your latest shopping hauls and even your own Miele washer/dryer set INSIDE the closet! Adjacent to the primary suite, you’ll find a spacious 3/4 bath with stunning views, hallway library that leads to the balcony deck and the final bedroom, that has the BEST unobstructed Disney fireworks view through its oversized bay window. Back outside, you’ll find mature landscaping, including fruit trees like: Kiefer Limes, Blood Oranges & Valencia Oranges. You’ll also find an included storage shed and 2-car garage/studio with an additional 264 sq ft of office, 3/4 bath & kitchenette. There is even a finished attic inside the garage, making this easy to convert to an ADU. This home also comes equipped with Anderson doors & windows throughout, 3 tankless water heaters, Tesla solar panels, newer decking, fresh paint, central AC and surprises at every corner. This home is truly one of a kind and a MUST see!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1931
MLS Number
--
Location
Address
532 S Ohio Street
City
Anaheim
State
CA
Zip Code
92805
County
ORANGE (NORTH)
Listing
Name
Phone
(619) 248-6434
Office Name
Office Phone
(619) 248-6434
Agent Name
Monica Villalobos
Agency Phone
(619) 248-6434

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.