CVA - Cartier

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PREPARED EXCLUSIVELY FOR:

Peter --

The following is a Current Value Assessment of your property based on current market conditions, a standard level property condition, comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy.

The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, followed by what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for.

949-294-2506

TAX RECORD

Owner

MLS

MLS

MLS

MLS

MLS

MLS

MLS

MLS

MLS

MLS

MLS

LAST MARKET SALE & SALES HISTORY

Document Number 238552

Book Number Page Number

Default

Original Doc Date

Original Document Num ber

Original Book Page

Lien Type

Original Document Number 737970

Original Book Page

Lien Type PROPERTY MAP

THE COMPARATIVE MARKET ANALYSIS

No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.

What is a CMA?

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA created?

CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.

How accurate are CMAs?

The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.

How can CMAs vary?

CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.

THE COMPARATIVE MARKET ANALYSIS

Is a CMA the same as an Appraisal?

No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.

And is my home worth what the Internet says?

In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!

Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!

On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.

YOUR COMPARATIVE MARKET ANALYSIS

Comparative Market Analysis

7161 Gulino Circle, Westminster, California 92683

AUGUST 26, 2024

Peter Cartier
Chris Taylor
Keller Williams Luxury International

Summary of Comparable Properties

A ACTIVE LISTINGS

S SOLD LISTINGS

Analysis

Sqft.

Comparable homes sold for an average of $1,009 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.

Chris Taylor

Listings

$915,000 3 Beds 2.00 Baths 1,236.0 Sq. Ft. ($740 / sqft)

ACTIVE 6/20/24

Details

Prop Type: Single Family Residence

County: Orange

Area: 60 - Westminster South of Westminster, W of Beach

Style: Bungalow

Full baths: 1.0

Features

Accessibility Features:

Doors - Swing In, No Interior Steps

Association Y N: No

Attached Garage Y/N: N

Community Features: Gutters, Street Lights

Construction Materials: Wood Siding

Contract Status Change

Date: 2024-06-20T00:00:00

Cooling: None

3/4 Baths: 1.0

Acres: 0.1317

Lot Size (sqft): 5,738

Garages: 2

List date: 6/20/24

Off-market date: 8/13/24

Year Built 1947 Days on market: 56

Updated: Aug 22, 2024 2:46 AM

List Price: $915,000

Orig list price: $924,888

School District: Westminster Unified

High: Westminster

Middle: Stacey

Elementary: Other

Direction Faces: North

Elevation Units: Feet

Flooring: Laminate

Foundation Details: Slab

Heating: Wall Furnace

Interior Features: Copper

Plumbing Full

Land Fee/Land Lease: Fee

Levels: One

Listing Terms: Cash, Cash To New Loan, Conventional

Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn Main Level Bedrooms: 3

Parking Total: 6

Patio And Porch Features: Concrete, Patio, Front Porch

Pool Features: None

Pool Private Y N: No

Possession: Close Plus 3 Days

Property Attached Yes/No: No

Road Surface Type: Paved

Roof: Shingle

Bathroom Features: Bathtub, Shower, Shower in Tub, Walkin shower

Room Type: All Bedrooms

Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite

Senior Community Yes/No: No

Sewer: Public Sewer

Spa Features: None

Special Listing Conditions:

Standard

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View: Neighborhood

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows

Year Built Source: Assessor

Remarks

Dreaming of a home with a white picket fence? Look no further! This charming 3-bedroom, 2-bath residence offers a cozy ambiance and a spacious front yard right in the heart of Westminster. Step inside to discover beautiful laminate flooring and an abundance of natural light streaming through updated vinyl windows. The oversized primary suite, tucked away at the rear of the home, ensures plenty of privacy. The large, detached 2-car garage and expansive driveway provide ample parking, while the generous storage building holds potential for an ADU conversion. This home perfectly blends comfort with opportunitydont miss out!

Courtesy of Real Broker Information is deemed reliable but not guaranteed.

Midway City, CA 92655

$1,068,000

ACTIVE 7/15/24

Details

Prop Type: Single Family Residence

County: Orange

Area: 60 - Westminster South of Westminster, W of Beach

Subdivision: Other (OTHR)

Features

Association Y N: No

Attached Garage Y/N: Y

Community Features: Sidewalks, Street Lights

Construction Materials:

Drywall Walls, Frame, Stucco

Contract Status Change

Date: 2024-07-15T00:00:00

Cooling: Central Air, ENERGY

STAR Qualified Equipment, Gas

Elevation Units: Feet

Flooring: Tile, Wood

Full baths: 2.0

Acres: 0.1653

Lot Size (sqft): 7,202

Garages: 2

List date: 7/15/24

Foundation Details: Raised

Interior Features: Granite Counters

Land Fee/Land Lease: Fee

Levels: One

Listing Terms: Cash, Cash To Existing Loan, Cash To New Loan, Conventional, FHA, VA Loan

Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Walkstreet, Yard

Main Level Bedrooms: 3

3 Beds 2.00 Baths 1,059.0 Sq. Ft. ($1,008 / sqft)

Year Built 1956 Days on market: 40

Updated: Aug 24, 2024 9:00 AM

List Price: $1,068,000

Orig list price: $1,079,000

School District: Huntington Beach Union High

High: Westminster

Parking Total: 2

Patio And Porch Features: Front Porch

Pool Features: None

Pool Private Y N: No

Property Attached Yes/No: No

Property Condition: Updated/Remodeled

Bathroom Features: Bathtub, Shower in Tub, Exhaust fan(s), Main Floor Full Bath, Remodeled

Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open to Family Room

Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom

Senior Community Yes/No: No

Sewer: Public Sewer

Spa Features: None

Special Listing Conditions:

Standard

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected

View: None

Water Source: Public

Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Year Built Source: Assessor

Remarks

This home is completely remodeled from the floor to the roof about 4 years ago. There are not too many houses in Midway City on the market currently! The home features 3 bedrooms and 2 bathrooms. The seller has just redone the driveway and had concrete work done, expanding it to 24 feet wide (can park 6+ cars on the driveway) + a brand new HVAC system (Driveway & HVAC costed $28,000). The lot is 7,200 SQ FT with a large back yard, having the potential to build an ADU. This property is currently used for short-term rentals. This property is perfect for your investment while waiting to build an ADU to live in or to rent for extra income.

Courtesy of Tommy Du Realty & Mortgage Information is deemed reliable but not guaranteed.

7892 12th Street Westminster, CA 92683

MLS

$845,000 2 Beds 1.00 Baths 1,084.0 Sq. Ft. ($780 / sqft)

CLOSED 5/20/24

Year Built 1929 Days on market: 0

Details

Prop Type: Single Family Residence

County: Orange

Area: 60 - Westminster South of Westminster, W of Beach

Subdivision: Other (OTHR)

Features

Association Y N: No

Community Features:

Suburban

Contract Status Change

Date: 2024-05-20T00:00:00

Cooling: None

Elevation Units: Feet

Land Fee/Land Lease: Fee

Full baths: 1.0

Acres: 0.2789

Lot Size (sqft): 12,150

List date: 5/2/24

Sold date: 5/20/24

Off-market date: 5/2/24

Updated: May 21, 2024 2:17 AM

List Price: $845,000

Orig list price: $845,000

School District: Westminster Unified

Levels: One

Listing Terms: Cash

Lot Features: Back Yard, Front Yard, Tear Down

Main Level Bedrooms: 2

Pool Features: None

Pool Private Y N: No

Property Attached Yes/No: No

Room Type: Kitchen, Living Room

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard

View: None

Water Source: Public

Year Built Source: Assessor

Remarks

Sold before processing. Inputted for recording purposes. Property is a fixer

Courtesy of Real Brokerage Technologies Information is deemed reliable but not guaranteed.

Chris Taylor

7892 12th Street Westminster, CA 92683

$1,145,000 3 Beds 2.00 Baths 1,481.0 Sq. Ft. ($773 / sqft)

CLOSED 4/26/24

Year Built 1955 Days on market: 14

Details

Prop Type: Single Family Residence

County: Orange

Area: 60 - Westminster South of Westminster, W of Beach

Full baths: 2.0

Features

Association Y N: No

Attached Garage Y/N: N

Community Features: Gutters, Sidewalks

Contract Status Change

Date: 2024-04-26T00:00:00

Cooling: Central Air

Elevation Units: Feet

Heating: Central

Land Fee/Land Lease: Fee

Levels: One

Acres: 0.1671

Lot Size (sqft): 7,277

Garages: 2

List date: 3/7/24

Sold date: 4/26/24

Off-market date: 4/26/24

Updated: Apr 26, 2024 8:57 AM

List Price: $1,100,000

Orig list price: $1,100,000

School District: Westminster Unified

Listing Terms: Cash, Cash To Existing Loan, Conventional, Fannie Mae, FHA, Submit, VA Loan

Lot Features: 0-1 Unit/Acre, Front Yard

Main Level Bedrooms: 3

Parking Total: 2

Patio And Porch Features: Covered, Front Porch, Rear Porch

Pool Features: Private, In Ground

Pool Private Y N: Yes

Possession: See Remarks

Property Attached Yes/No: No

Property Condition: Turnkey

Room Type: All Bedrooms Down

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard View: None

Walk Score: 66

Water Source: Public

Year Built Source: Appraiser

Remarks

Welcome to your new home in unincorporated Midway City! This inviting 3 bedroom, 2 bathroom pool home is now available for its second time on the market, offering a rare opportunity to make it yours.

Upon entering, you'll be greeted by abundant natural light and a spacious layout with laminate and tiled flooring. The heart of the home is an open floor plan, creating an inviting space for relaxation and entertainment.

The 400 sqft bonus room addition provides versatility, allowing you to add your personal touch and creativity. Newer central heating and roof ensure year round comfort and peace of mind, while the 2 car garage with RV space adds practicality to the property, catering to various lifestyle needs.

Outside, your private sanctuary awaits, featuring an in ground pool and covered patios. With its timeless appeal and potential for customization, this property invites you to make it your own.

Welcome home where effortless living meets endless possibilities.

Courtesy of Compass Information is deemed reliable but not guaranteed.

7892 12th Street

Westminster, CA 92683

MLS

$1,285,000 2 Beds 2.00 Baths 1,084.0 Sq. Ft. ($1,185 / sqft)

CLOSED 7/10/24

Details

Prop Type: Single Family Residence County: Orange

Area: 60 - Westminster South of Westminster, W of Beach

Subdivision: Other (OTHR)

Features

Association Y N: No

Community Features: Sidewalks

Contract Status Change

Date: 2024-07-10T00:00:00

Cooling: None

Elevation Units: Feet

Interior Features: Block Walls

Remarks

No Description for this property

Full baths: 1.0

Half baths: 1.0

Acres: 0.2789

Lot Size (sqft): 12,150

List date: 6/17/24

Land Fee/Land Lease: Fee Levels: One

Listing Terms: Cash, Cash To New Loan

Lot Features: Lot 10000-19999 Sqft

Main Level Bedrooms: 2

Pool Features: None

Keller Williams Luxury International Cell: 949.294.2506

Year Built 1929 Days on market: 8

Photo not available

Sold date: 7/10/24

Off-market date: 7/10/24

Updated: Jul 10, 2024 3:50 AM

List Price: $1,299,000

Orig list price: $1,349,000

School District: Westminster Unified

Pool Private Y N: No

Property Attached Yes/No: No

Room Type: Kitchen, Laundry

Senior Community Yes/No: No

Sewer: Public Sewer

Special Listing Conditions: Standard

View: None

Water Source: Public Year Built Source: Assessor

Courtesy of eXp Realty of California Inc Information is deemed reliable but not guaranteed.

$1,375,000 3 Beds 2.00 Baths 1,061.0 Sq. Ft. ($1,296 / sqft)

CLOSED 4/22/24

Details

Prop Type: Single Family Residence

County: Orange

Area: 59 - Westminster North of 405 & Westminster

Subdivision: Other (OTHR)

Features

Accessibility Features: None

Association Y N: No

Attached Garage Y/N: Y

Community Features:

Sidewalks, Urban

Contract Status Change

Date: 2024-04-22T00:00:00

Cooling: None

Elevation Units: Feet

Flooring: Laminate, Tile

Foundation Details: Raised

Heating: Central

Year Built 1957 Days on market: 53

Full baths: 1.0

Half baths: 1.0

Acres: 0.1692

Lot Size (sqft): 7,370 Garages: 2

List date: 2/1/24

Sold date: 4/22/24

Off-market date: 4/3/24

Updated: Apr 22, 2024 9:05 AM

List Price: $1,399,000

Orig list price: $1,399,000

School District: Westminster Unified

Interior Features: Open Floorplan, Recessed Lighting

Land Fee/Land Lease: Fee Levels: One

Listing Terms: Cash, Cash To New Loan, Conventional, Fannie Mae, FHA, Freddie Mac

Lot Features: 16-20 Units/ Acre

Main Level Bedrooms: 3

Parking Total: 2

Patio And Porch Features: None

Pool Features: None

Pool Private Y N: No

Possession: Close Of Escrow

Property Attached Yes/No: No

Property Condition: Turnkey

Road Surface Type: Paved Roof: Shingle

Bathroom Features: Bathtub, Shower, Shower in Tub

Room Type: All Bedrooms Down, Living Room

Senior Community Yes/No: No

Sewer: Public Sewer

Spa Features: None

Special Listing Conditions: Standard

Utilities: Electricity Connected, Sewer Connected, Water Connected

View: Neighborhood

Water Source: Public

Window Features: Screens Year Built Source: Public Records

Remarks

Welcome to your dream home at 6921 Hazard Ave, Westminster, CA 92683! Nestled in the heart of Westminster, this charming residence offers the perfect blend of comfort, convenience, and versatility. Step inside this beautifully maintained home and be greeted by a warm and inviting atmosphere. With 3 bedrooms and 1 and half bathrooms, there's plenty of space for the whole family to spread out and relax. The heart of the home is the spacious kitchen, featuring modern appliances, ample storage space, and a cozy breakfast nook where you can enjoy your morning coffee. The adjoining living area is perfect for entertaining guests or simply unwinding after a long day. But the real gem of this property is the ADU (Accessory Dwelling Unit) located in the back featuring 2 bedrooms, 2 full bathrooms, and paid-off solar panels. It has its own address, and separate utility meters. Whether you're looking for a rental opportunity, a private guest suite, or a home office, this separate living space offers endless possibilities. Outside, the expansive backyard provides a serene oasis for outdoor gatherings, BBQs, or simply enjoying the California sunshine. With lush landscaping and plenty of room to roam, you'll love spending time in your own private paradise. Conveniently located near shopping, dining, parks, and top-rated schools, this home truly has it all. Don't miss your chance to make 6921 Hazard Ave your own slice of paradise in Westminster! Schedule your showing today and start living the California dream!

Courtesy of Able Financial Corp Information is deemed reliable but not guaranteed.

SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?

$1,002,400 $971,537 $1,020,600 $963,000

WHAT DO I THINK?

Based on current market conditions, the upgrades you mentioned (New roof, Bathrooms, Hardwood flooring, Dual pane windows), comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:

$1.045M - $1.075M

To get a more accurate assessment of property value, a physical inspection would be required.

National Association of REALTORS (NAR)

California Association of REALTORS (CAR)

Orange County Association of REALTORS (OCAR)

Luxury Home Sales Designated

Contingency Sale Specialist

Certified New Home Co-Broker

Certified Divorce Real Estate Expert

Top 1.5% of Individual REALTORS in the nation

Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs

Meet Chris…

A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.

Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.

Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.

Meet the Team

Tracie Albert

Operations Director

DRE# 01432850

With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.

Brenda Listana Administration

With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.

Anthony Zervas Lead Agent

DRE# 02047324

Valerie Alicajic

Marketing Director

Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.

Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.

Brooke Fetzer

Property Designer

DRE# 01432850

Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.

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