12621 Spinnaker, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath
12621 Spinnaker
Garden Grove, California 92840
Property Price
SUMMARY
Analysis of 12621 Spinnaker, Garden Grove, California 92840 reveals a property with a current list price of $1,035,000, which is 10% above the estimated $935,924 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12621 Spinnaker Subject | $1,035,000* List Price | 3 | 2 | 1,261 | $742 | - |
A 12414 Fallingleaf Street Sold | $1,110,000 | 4 | 2 | 1,340 | $828 | 0.5 mi |
B 12662 Falcon Lane Sold | $1,150,000 | 4 | 2 | 1,388 | $829 | 0.8 mi |
C 12571 W Hilton Street Pending | $998,000 List Price | 4 | 2 | 1,527 | $654 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows strong pride of ownership. While built in 1959, it features a recently updated large kitchen, renovated bathrooms, and newer central AC and heating systems, meeting the criteria for well-maintained major systems and updated components.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior and Systems
The home features an updated large kitchen, renovated bathrooms, and newer central AC and heating, offering modern comfort and reducing the need for immediate capital improvements.
- Prime Walkable Location
Situated in a quiet neighborhood within walking distance to the Orange Block shops and restaurants, providing excellent lifestyle convenience and local amenities.
- Pride of Ownership
Long-term owner occupancy is reflected in the well-maintained condition of the property, which includes a large front and back yard and an attached two-car garage.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,261 square feet for a three-bedroom home, the interior footprint is relatively small, which may feel restrictive for families seeking larger communal living areas.
- Vintage Construction
Built in 1959, the property may still possess architectural limitations or aging infrastructure typical of its era that were not addressed in the recent cosmetic updates.
About 12621 Spinnaker
Warm charming single story East Garden Grove home with large yard front and back. Updated large kitchen with recently updated bathrooms and newer central AC and Heat. Owner occupied for many years and shows pride of ownership with an attached larger 2 larger garage with enclosed laundry. Quiet neighborhood walking distance to Orange Block shops and restaurants.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,261 | 1,531 | 22% |
| Lot Size | 6,000 | 7,275 | 13% |
| Price | $1.03M | $1.04M | 48% |
| Price per sq ft | $821 | $643 | 84% |
| Built year | 1959 | 1955 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 166 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,035,000
$1,069,500
-3% Price Drop
Initial Listing
Price Change
Feb 23, 2026
$1,069,500
Initial Listing
Sold
Dec 4, 2002
$235,000
Public Record