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Coming Home To Old Towne
Homes In Old Towne Orange in California
Homes in the Heart Of Old Towne Orange
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Old Towne Orange is about a square mile area located around the original town plaza. Many of the original buildings still exist and have been refurbished and re-purposed for use as retail stores and restaurants. The area is even on the National Historic Registry as are many of the homes which some date back to the late 1800's.
One will find various styles of homes in Old Towne including Bungalow, Craftsman, Mission or Spanish Revival and Classical Revival. There is also a tax incentive for any home owners with original homes should that particular home qualify for the Mills Act. The Mills Act encourages revitalization and preservation of residential and commercial districts and requirements are governed by local government agencies. To find out if a home qualifies for the Mills Act in Orange one would contact the City of Orange Building Division. The benefit can equate to about half of the yearly taxes of a standard home in the city, or thousands of dollars.
The average sales price for a home in Old Towne was $585,350.00 in July,2014. As of October,2017 the average home price is $860,000.00. However, homes can reach the millions based on the year built and level of restoration in this highly sought after and historical area. Rents for this area have risen over the years with the growth and demand created by the incoming students of Chapman University. An average single family home will rent for and average of $1000.00 a room or a three bedroom home for example would be $3000.00 a month. Some two bedroom homes are currently receiving $1900.00 to $2400.00 a month nearest the University.
Many homes are a bit smaller in Old Towne with the average two bedroom Craftsman having about one thousand square feet of living space. There are Craftsman homes with up to three thousand square feet and possibly up to five bedrooms.
Free Community Reports and School Information
Gain valuable insight into the community of Old Towne Orange by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. Use the map to locate points of interest like shopping, restaurants, and healthcare services.
Location and Amenities
The area of Old Towne Orange has a lot to offer in regards to restaurants, night life, places or worship and more. There is always something happening in Orange, if it is the concerts in the park, The International Street Fair, Christmas Tree lighting in the plaza or just one of the many food and home tours, there tends to be something for everyone.
Darren Scott/TheScott Group and his team of specialists with eXp Realty California, serves real estate buyers, sellers, and investors in Orange County. Probate & Trust Real Estate Specialists. We help....