NOT LISTED FOR SALE

12836 Palm St Unit 3 Garden Grove, CA 92840

Estimated Value: $775,000 - $835,000

4 Beds
3.5 Baths
1,725 Sq Ft
$388/mo HOA Fee

Last Sold August 07, 2021

Last sale price $655,000 $380 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,614/month

8 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Granite Countertops
  • Earl Warren Elementary School Rated A-
  • Dual Staircase
  • Den

About This Home

As of August 2021

Welcome home! As you enter the complex you'll notice beautifully maintained landscaping and ample guest parking. The 2-car garage finished with epoxy flooring has direct access to the foyer on the 1st floor, making life convenient. This modern tri-level home includes a den on the first floor that can be converted into the 4th bedroom, alongside a half bathroom and oversized closet that can easily be converted to a shower because the builder installed plumbing behind the closet at the time of build. The second story includes an upgraded kitchen adorning stainless steel appliances, granite countertops, backsplash and tile flooring. The kitchen is open to the light and bright dining area and living room, perfect for entertaining. The second floor also includes a bedroom and full bath. As you continue on through the house you'll notice fresh paint and double pane windows offering an abundance of natural light. The third floor includes a laundry room with built-in cabinets as well as two master bedrooms with en-suite full bathrooms. Both masters have walk-in closets with upgraded modular shelving. The home has been updated with a tankless water heater, new toilets throughout and recessed smart LED lighting in the living room, and master bedrooms. Each room has been upgraded with LED lighting and Ecobee thermostats/sensors to individually control the temperature. The front patio is the perfect place to relax, unwind and read a book. The complex offers resort style relaxation at the pool and spa, which also includes an outdoor BBQ with seating for the whole family. Close to shopping, dining and freeways. Perfect for first time buyers, down sizing or as an investment property!

Last Agent to Sell the Property

Marissa Bartolo

Balboa Real Estate, Inc License #02140495 Listed on: 06/09/2021

Balboa Real Estate, Inc

Co-Listed By

Billy Long

Balboa Real Estate, Inc License #01982858

Last Buyer's Agent

Melissa Arena

Coldwell Banker Realty License #02082911

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,467

Year Built

  • Built in 2010

Lot Details

  • Two or More Common Walls

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Interior Spaces

  • 1,725 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017461

Community Details

Overview

  • 106 Units
  • Lotus Walk Association, Phone Number (949) 450-0202
  • Action Property Management HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,467

Year Built

Built in 2010

Lot Details

0

HOA Fees

$388 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, dryer
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Wired for Alarm System
  • Subdivision Name Other: Lotus Walk
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93017461
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1725.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 3
  • Entry Location: 1st
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 379.71
  • Room Type: Den, Entry, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, High Efficiency Water Heater, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Trash, Water
  • Association Fee: 388.27
  • Association Fee Frequency: Monthly
  • Association Name: Lotus Walk
  • Phone: 9494500202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Action Property Management

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 106
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 885.02
  • Tax Lot: 1
  • Tax Tract Number: 16856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 22, 2021
Sold by
Cordero Franz
Bought by
Tran Johnny
Seller's Agent
Marissa Bartolo
Balboa Real Estate, Inc
Buyer's Agent
Melissa Arena
Coldwell Banker Realty
List Price
$600,000
Sold Price
$655,000
Premium/Discount to List
$55,000
9.17%
Total Days on Market
8
Current Estimated Value
$805,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,225
Avg. Annual Appreciation
5.54%
Original Mortgage
$504,000
Outstanding Balance
$478,113
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$327,112

Purchase Details

Closed on
Aug 26, 2016
Sold by
Santiago Floyd
Bought by
Cordero Franz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,166
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2010
Sold by
In Town Communities Llc
Bought by
Santiago Floyd and Cordero Franz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,830
Interest Rate
5.03%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tran Johnny $655,000 First Amer Ttl Co Res Div
Cordero Franz -- Equity Title Inland Empire
Santiago Floyd $392,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Johnny $504,000
Previous Owner Cordero Franz $430,000
Previous Owner Cordero Franz $402,166
Previous Owner Santiago Floyd $386,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2021 08/07/21 Sold $655,000 0.0% $380 / Sq Ft
06/22/2021 06/22/21 Price Changed $655,000 +9.2% $380 / Sq Ft
06/09/2021 06/09/21 For Sale $600,000 -- $348 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,467 $681,462 $404,184 $277,278
2023 $8,314 $668,100 $396,258 $271,842
2022 $8,129 $655,000 $388,488 $266,512
2021 $6,072 $480,362 $225,262 $255,100
2020 $5,999 $475,437 $222,952 $252,485
2019 $5,916 $466,115 $218,580 $247,535
2018 $5,769 $456,976 $214,294 $242,682
2017 $5,709 $448,016 $210,092 $237,924
2016 $5,284 $427,482 $188,870 $238,612
2015 $5,214 $421,061 $186,033 $235,028
2014 $5,092 $412,813 $182,388 $230,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21119781

California Regional Multiple Listing Service (CRMLS)

APN: 930-174-61