Stein Valuation, Inc.
Real Estate Appraisals & Consultation
Our appraisal experience spans the spectrum of property types and includes, apartment, office buildings, industrial buildings, R & D Buildings, mobile home parks, residential subdivisions, retail buildings and shopping centers, mixed portfolios, same-use portfolios, mixed use buildings, and a multitude of other property types. If you are a new visitor to our site, we invite you to explore these pages for more information on our services and the appraisal industry.
Following is a typical Appraisal Location description utilized by the Appraiser in analyzing the general area market trends.
Santa Ana Area Description
According to the United States Census Bureau’s official results, Santa Ana City, California has a total of 337,512 population. Out of this entirety, 233,350 are aged at 16 years old with 111,876 of it are females. There are also 17,374 who are at least 25 years of age and above. Another cluster of 302,982 are said to be at least 5 years old as of 2000.
Santa Ana City’s learning institutions are populated with nearly 106,607 enrollees aged 3 years old and above. About 3.2 % of which are in Nursery school, preschool; 6.5 % are in Kindergarten; 50.6 % are in Elementary school (grades 1-8); 22.8 % are in High school (grades 9-12); and only 16.9 % are in College or graduate school. There are only 2.8 % who made it to graduate or professional degree; while 36.3 % them are only up to less than 9tth grade.
In the year 2000, 138,673 out of the total 233,350 people aged 16 years old and above who are in the labor force; 127,530 of which are employed and 11,037 are unemployed. There are 111,876 females aged at least 16 years of age who are in the labor force.
The United States Census Bureau findings for the year 2000 show that there are a number of 60,469 families that Santa Ana City is accommodating. The income of almost 12,847 families as of 1999 is just between $50,000 to $74,999. Some 3,481 families earn only less than $ 10,000; 3,523 families earn between $10,000 to $14,999; 8,498 has an income of $15,000 to $24,999; 9,562 earn between $25,000 to $34,999; 11,333 earn between $35,000 to $49,999; 5,823 earn between $75,000 to $99,999; 4,006 earn $100,000 to $149,999; 722 has an income of between $150,000 to $199,999; and only 674 individuals earn $200,000 or more. The city only has $ 41,050 as its median family income.
The 2000 U.S. Census Bureau results show that Santa Ana City has a total of 72,993 households. Of this totality, only 1.3 % of the total city dwellers who are aged 16 years and above has an income of $200,000 or more, while 63.3 % are earning just less than $ 10,000; 12.2 % are $15,000 to $24,999; 14.8 % earn between $25,000 to $34,999; 18.4 % earn $35,000 to $49,999; 22.2 % earn more or less $50,000 to $74,999; 10.6 % has an income between $75,000 to $99,999; 7.4 % earn between $100,000 to $149,999; and 1.3 % has $150,000 to $199,999 as their household income. Moreover, the city’s median household income is $ 43,412.
Some 9,747 families, 65,268 individuals, and 2,443 families whose householders are females and no husband showed up are branded to be below the poverty line. Out of the 9,747 families, 8,831 families are with related children below 16 years old while the remaining 1,210 families has related children below 5 years old.
There are 74,475 housing units that Santa Ana City of California has for its inhabitants; 33,453 of which are 1-unit detached; 6,377 are 1-unit attached; 30,742 are multiple units; and 3,879 are mobile homes. Out of the 74,475 housing units constructed, 27.1 % are built sometime in 1970 to 1979, while 1999 to March 2000 are the years with least number of housing units put up.
Taking merits to the summary file taken from the United States Census Bureau in the year 2000, 72,882 housing units are already occupied, 28,337 of which are owner-occupied and the remaining 36,851 are categorized as renter-occupied. There are still 1,037 vacant housing units, of which 217 are specified as vacant-for-sales-only and the other 820 are for renting occupants.
With the 28,337 owner-occupied housing units, 23,142 are mortgaged while 5,195 are not mortgaged. Most of the homeowners or roughly 9,651 are spending $1,000 to $1,499 for their monthly mortgage. Santa Ana City, as of 2000 has $ 1,401 as its median monthly mortgage cost.
As for the renter-occupied units, 36.8 % has a gross rental fee of $750 to $999; 31 % has a gross rent of $500 to $749; 21.3 % has a gross rent of $1,000 to $1,499; 4.2 % has a gross rent of $300 to $499; 2 % has a gross rent of less than $200; 1.9 % has a gross rent of $1,500 or more; 1.4 % has no cash rent; and the last 1.3 % has a gross rent of $200 to $299. The median gross rent for the housing units at Santa Ana City is $ 815.
For the vacant housing units which are “ for sale only”, there is only 1 unit which cost less than $ 20,000; all the rest are priced from $90,000 up to $999,999. The median asking price for the for sale vacant housing units is $ 182,200. On the other hand, the specified vacant-for-rent housing units has a rental fee of at least $300 to $349, and none of these housing units are priced beyond $2,000. The median rental fee is $ 853 as shown in the United States Census Bureau for the year 2000.
Private wage and salary workers comprise the biggest percentage in the employment statistics in Santa Ana City as of 1999 with 87.1 % of the total workforce; Government workers are only 7.7 %; Self-employed workers in own not incorporated business are about 5 %; and Unpaid family workers are only 0.3 of the total employment.
The most populated occupation is Production, transportation, and material moving occupations with 26.6 %, while the least peopled is Farming, fishing, and forestry occupations. Records also show that Manufacturing industries has the most number of employees and still, Agriculture, forestry, fishing and hunting, and mining industries are on the bottom of the priority list.
The city’s per capita income is $ 12,152 as of 1999. The males who work full-time all year round has median earnings of $ 23,342 while $ 21,637 is the median earnings for the females who work full-time all year round.
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Additional statistical data for the area is presented below: Please note: differences between the above and below values are related to differing sources, though the ranges are considered to be quite reliable.