12392 Morrie, Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 2 bath
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12392 Morrie
Garden Grove, California 92840
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
2Baths
2,277Sq Ft
7,208Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,283,887
SUMMARY
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at $1,250,000—positioned well below the $1,283,834 Fair Market Value by 2%. This valuation gap provides $33,834 in Instant Equity. Featuring a Condition Rating of 3, the home offers a move-in-ready experience with extensive modern upgrades, including a refreshed kitchen and new flooring. Located in the Garden Grove Unified district with no HOA fees, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$1,283,887
Based on Realkey algorithm analyzing recent comparable sales in Garden Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12392 Morrie Subject 4 bd · 2 ba · 2,277 sqft · $564 | $1,250,000* List Price | 4 | 2 | 2,277 | $564 | - |
A 12132 Hackamore Sold 3 bd · 2 ba · 1,630 sqft · $644 · 0.3 mi | $1,050,000 | 3 | 2 | 1,630 | $644 | 0.3 mi |
B 12321 Moana Way Sold 4 bd · 3 ba · 2,077 sqft · $641 · 0.2 mi | $1,332,100 | 4 | 3 | 2,077 | $641 | 0.2 mi |
C 10872 Holly Sold 3 bd · 3 ba · 1,780 sqft · $640 · 0.5 mi | $1,140,000 | 3 | 3 | 1,780 | $640 | 0.5 mi |
D 11912 Edgewood Sold 4 bd · 3 ba · 1,966 sqft · $566 · 0.5 mi | $1,112,000 | 4 | 3 | 1,966 | $566 | 0.5 mi |
E 12041 Faye Sold 3 bd · 2 ba · 1,743 sqft · $631 · 0.4 mi | $1,100,000 | 3 | 2 | 1,743 | $631 | 0.4 mi |
F 10152 Malinda Ln Sold 6 bd · 4 ba · 1,870 sqft · $652 · 0.2 mi | $1,220,000 | 6 | 4 | 1,870 | $652 | 0.2 mi |
G 12141 Movius Sold 4 bd · 2 ba · 1,740 sqft · $641 · 0.3 mi | $1,115,000 | 4 | 2 | 1,740 | $641 | 0.3 mi |
H 12381 Pine St. Sold 3 bd · 3 ba · 1,923 sqft · $624 · 0.8 mi | $1,200,000 | 3 | 3 | 1,923 | $624 | 0.8 mi |
I 12071 Diane Street Pending 5 bd · 2 ba · 2,308 sqft · $548 · 0.5 mi | $1,265,000 List Price | 5 | 2 | 2,308 | $548 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1954 but recently refreshed with new flooring, 90% fresh interior paint, and new kitchen appliances. While the oak cabinetry and bathroom layouts are dated (15-20 year style), the home is well-maintained, move-in ready, and features updated landscaping and a functional HVAC system.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The home features significant recent improvements, including 90% fresh interior paint, new flooring, and a modernized kitchen with new appliances, offering a move-in-ready experience for buyers.
- Generous Living Space
With 2,277 square feet of living space and a large bonus room with a fireplace, this property provides ample room for entertaining and comfortable family living compared to standard area models.
- Favorable Financial Profile
The absence of Mello Roos taxes and HOA fees significantly reduces monthly carrying costs, providing better long-term value and increased purchasing power for the homeowner.
CONSRISKS & DEFICIENCIES
- Lack of Views
The property does not offer any specific scenic views, which may be a drawback for buyers seeking a more picturesque or elevated setting.
- Mid-Century Construction
Originally built in 1954, the home's age may require more frequent maintenance of underlying infrastructure and utility systems compared to newer residential developments.
About 12392 Morrie
This impressive property offers 2277sf living space, four bedrooms, two baths, and a spacious bonus room with fireplace perfect for entertaining. Beautifully upgraded throughout with 90% interior fresh paint, most flooring and carpet are new, updated kitchen with new exhaust hood, new oven/microwave combo, new dishwasher, new garbage disposal, new faucet, new door to side yard, new ceiling fans in 3 bedrooms, new lights in walkway and hall. Baths with new shower heads, mirrors, towel racks and lighting. Back bathroom new cabinet, vanity and toilet. Updated grass and plants for beautiful front curb appeal and backyard peaceful atmosphere. No Mello Roos tax or HOA fees, centrally located near shopping, restaurants and schools. *** SELLER WILL ENTERTAIN OFFERS WITH A REASONABLE REQUEST FOR SELLER CREDIT TOWARD A RATE BUYDOWN.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,208 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,277 | 1,593.338 |
| Lot Size | 7,208 | 7,204.538 |
| Price | $1.25M | $1.09M |
| Price per sq ft | $549 | $713 |
| Built year | 1954 | 1957 |
| HOA | $0 | $209 |
| Days on market | 37 | 44 |
Pricing History
Listed for Sale
Sep 18, 2026
$1,250,000
Initial Listing
Sold
May 26, 2020
$352,500
Public Record