Current Value Assessment
PREPARED EXCLUSIVELY FOR:
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in the 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, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
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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
19351 Weakfish Lane, Huntington Beach, California 92646
DECEMBER 17, 2024
Chris Taylor
Keller Williams Luxury International
Summary of Comparable Properties
Chris Taylor
Analysis
Chris Taylor
Keller Williams Luxury International
Sqft.
Comparable homes sold for an average of $1,001 / 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.
Listings
Chris Taylor
Keller Williams Luxury International
Velardo Drive
$1,005,000 2 Beds 1.00 Baths 896.0 Sq. Ft. ($1,122 / sqft)
CLOSED 10/31/24
Details
Prop Type: Single Family Residence
County: Orange
Area: 14 - South Huntington Beach
Subdivision: South Shores (SSHO)
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Construction Materials: Stucco
Contract Status Change
Date: 2024-10-31T00:00:00
Cooling: None
Elevation Units: Feet
Style: Traditional
Full baths: 1.0
Acres: 0.1377
Lot Size (sqft): 6,000
Garages: 2
List date: 8/28/24
Flooring: Carpet, Laminate
Foundation Details: Slab
Heating: Central
Interior Features: Granite Counters
Land Fee/Land Lease: Fee Levels: One
Listing Terms: Cash, Cash To New Loan, VA Loan
Year Built 1962 Days on market: 9
Sold date: 10/31/24
Off-market date: 9/28/24
Updated: Nov 4, 2024 8:53 AM
List Price: $999,000
Orig list price: $999,000
School District: Huntington Beach Union High
High: Huntington Beach
Middle: Talbert
Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Sprinklers In Front, Sprinklers In Rear, Yard
Main Level Bedrooms: 2
Parking Total: 2
Patio And Porch Features: Concrete, Patio Open, Slab
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Property Condition: Turnkey
Road Surface Type: Paved
Roof: Composition
Bathroom Features: Shower in Tub, Main Floor Full Bath
Kitchen Features: Granite Counters
Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Remarks
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
View: None
Water Source: Public
Window Features: Double Pane Windows, Screens
Year Built Source: Assessor
Absolutely Charming Beach-Close Single Family Home in Highly Sought-After South Shore HB Neighborhood w/GIANT Newly Landscaped Backyard & Plenty of Room for Future Home Expansion. This Lovely 2 Bedrm Home Boasts Many Newer Upgrades: Dual Pane Windows, Smooth Ceilings, Recessed Lighting, New Water Heater, New Plumbing, New Interior & Exterior Paint, Newer Garbage Disposal, & Remodeled Kitchen w/Granite Counters, Stainless Sink & Appliances, Newer Vent Hood, & Wood Like Vinyl Laminate throughout Main Living Areas. Upgraded Bath has New Wood-Like Tile Floor, Tub/Shower Combo w/Designer Tile Walls w/Glass Tile Inlay. It Includes an Open, Light & Bright Floorplan w/ Spacious Living Rm, Tiled Dining Rm that's Open to Kitchen & Direct Access to Garage w/Laundry Area & "Boat Door" to Backyard. The Newer Backyard is AMAZING w/Huge Concrete Patio, Fireplace, Raised Planters, New White Vinyl Fencing, Newer Lush Lawn w/Auto Sprinkler System & Drainage, New Hardscape - Great for Large Family Gatherings & Entertaining while Enjoying the Ocean Breezes w/Beach Only 3 Miles Away, Plus Lots of Privacy w/No One Directly Behind. Beautiful Curb Appeal w/Welcoming Front Patio, Stone Siding, Extra Wide Driveway (Parks 3). This is a Great Home for First Time Buyer or Investor. All Award- Winning Schools and Close to Shopping & Restaurants. LOWEST PRICED DETACHED SINGLE FAMILY HOME IN SOUTH HB! NO LAND LEASE! NO HOA DUES! NO COMMON WALLS! LOCATED 3 MILES TO THE BEACH ON A 6000 SQ. FT. LOT! Do Not Miss Out on this Opportunity!
Courtesy of First Team Real Estate Information is deemed reliable but not guaranteed.
Chris Taylor
19112 Bushard Street
Huntington Beach, CA 92646
Residence
County: Orange
Area: 14 - South Huntington Beach
Subdivision: Other (OTHR)
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Sidewalks, Street Lights, Suburban
Contract Status Change
Date: 2024-05-13T00:00:00
Cooling: Central Air
Elevation Units: Feet
Acres: 0.1494
Lot Size (sqft): 6,510
Garages: 2
List date: 2/24/24
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Cash, Conventional
Lot Features: Back Yard, Near Public Transit
Main Level Bedrooms: 2
Parking Total: 2
Pool Features: None
MLS
2 Beds 1.00 Baths 1,083.0 Sq. Ft. ($928 / sqft)
Year Built 1964 Days on market: 10
Sold date: 5/13/24
Off-market date: 3/8/24
Updated: May 13, 2024 3:55 AM
List Price: $995,000
Orig list price: $995,000
School District: Huntington Beach Union High
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: All Bedrooms Down
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard
View: See Remarks
Water Source: Public
Year Built Source: Public Records
Remarks
Stunning Listing in Huntington Beach - Rare Opportunity! SOLD 'AS IS'
Welcome to your dream home in the heart of Huntington Beach! Nestled in an exceptional neighborhood, this property offers an unparalleled opportunity for buyers seeking the perfect blend of space, location, and potential. Prepare to be captivated by the size of this property's lot. It invites creativity and vision, allowing for endless possibilities to make this space your own. Whether you dream of expanding the existing structure or adding an ADU, the canvas is yours to craft your ideal living environment. Situated in one of Huntington Beach's most sought-after areas, this property enjoys proximity to shopping, dining, and, of course, the beach. Experience the coastal lifestyle, where everyday conveniences meet the serenity of beach living. Convenience is key with a garage that opens to both the front and back of the property, offering ease of access and added functionality. Whether you're envisioning a spacious family retreat or a contemporary oasis, the possibilities are truly endless. Let your imagination run wild and transform this space into the home you've always dreamed of.
Don't miss out on this exceptional opportunity to own a piece of Huntington Beach paradise. With its unbeatable location, expansive lot, and limitless potential, this property won't stay on the market for long. Come and make this beauty your own - schedule a viewing today and unlock the door to endless possibilities!
Courtesy of Boutique Property Management Group Information is deemed reliable but not guaranteed.
Chris Taylor
$1,005,000 2 Beds 1.00 Baths CLOSED 5/13/24 Year Built 1964
$1,060,000 3 Beds 2.00 Baths 1,112.0 Sq. Ft. ($953 / sqft)
CLOSED 4/30/24
Details
Prop Type: Single Family Residence
County: Orange
Area: 14 - South Huntington Beach
Subdivision: South Shores (SSHO)
Features
Accessibility Features: 2+
Access Exits, No Interior Steps, Parking
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
Construction Materials: Stucco
Contract Status Change
Date: 2024-04-30T00:00:00
Chris Taylor
Full baths: 1.0
3/4 Baths: 1.0
Acres: 0.1383
Lot Size (sqft): 6,026
Garages: 2
List date: 2/16/24
Cooling: None
Elevation Units: Feet
Exterior Features: Lighting
Flooring: Laminate
Foundation Details: Slab
Heating: Central, Forced Air, Natural Gas
Interior Features: Built-in Features, Crown Molding, Quartz Counters, Storage, Unfurnished
Land Fee/Land Lease: Fee
Year Built 1963 Days on market: 34
Sold date: 4/30/24
Off-market date: 3/22/24
Updated: Apr 30, 2024 6:49 AM
List Price: $1,150,000
Orig list price: $1,150,000
School District: Fountain Valley
Levels: One
Listing Terms: Cash, Cash To New Loan, Submit
Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level, Walkstreet, Yard
Main Level Bedrooms: 3
Parking Total: 2
Patio And Porch Features: Concrete, Patio, Patio Open, Porch, Front Porch, Slab
Pool Features: Private, Fenced, Filtered, Gunite, Heated, In Ground, Permits
Pool Private Y N: Yes
Possession: Negotiable
Property Attached Yes/No: No
Property Condition: Turnkey
Road Surface Type: Paved Roof: Shingle
Bathroom Features: Bathtub, Shower, Shower in Tub, Exhaust fan(s), Soaking Tub, Tile Counters, Walk-in shower
Kitchen Features: Quartz Counters
Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, See Remarks
Senior Community Yes/No: No
Sewer: Public Sewer, Sewer Paid
Spa Features: None
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Water Source: Public
Window Features: Blinds, Double Pane Windows, Screens
Year Built Source: Public Records
Remarks
NOTHING TO DO!!! Ready for move in!! Owner has remodeled Kitchen and both bathrooms With all lighting and upgrades. Updated Wood style floors, Scraped Ceilings with New pot lights. Great home for family. Completed large 6X8 Foot shed, and second shed for Pool equipement. Pretty yard with vinyl fenced sparkling pool. New Vinyl Gates to enter yard. Front easy Care yard. Newer Roof, two car garage has epoxy floor. Owner is including New Stove, Refrigerator, washer and Dryer Located in interior of Neighborhood, near great schools, parks and shopping.
Courtesy of Rise Realty Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$835,970 $864,190 $790,300 $1,021,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in the 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:
$985K - $1.015M
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.
