NOT LISTED FOR SALE

12838 Palm St Unit 5 Garden Grove, CA 92840

Estimated Value: $720,000 - $730,670

3 Beds
3 Baths
1,458 Sq Ft
$498/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $575,000 $394 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,116/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Community Pool
  • Earl Warren Elementary School Rated A-
  • Great Room
  • Outdoor Cooking Area

About This Home

As of December 2022

You will love living here at 12838 Palm St. Unit 5 - It has everything you could possibly want in a home and it’s ready for you to make it your own. This 1458 sqft property has 3 Bedrooms and 3 Bathrooms with 2 Master Suite rooms…HOA Covers Trash and WATER with an affordable HOA at approximately $450 / month. The home has a Great Room with an open layout connecting the dining room, kitchen, and living room together. The Kitchen includes an apprx 25 cuft Maytag Stainless Steel French Door Refrigerator - Dual Cool System - Energy Star Qualified - and QuietSeries 200 Sound Package…in addition to the other Stainless Steel appliances. Another thing to love about this property is the interior washer and dryer located near the bedrooms (save the trek up and down the stairs)...Location - Location - Location and this property lives up to that…being located at the heart of Orange County with close proximity to major freeways like the 5 FWY, 22 FWY, and 57 FWY - while also being near popular locations like Disneyland, California Adventure, Great Wolf Lodge, Knott's Berry Farm, House of Blues, Angel Stadium, Honda Center, Christ Cathedral, Anaheim Packing House. Come schedule a tour to view your home at Lotus + Mosaic Walk.

Last Agent to Sell the Property

Will Lau

eXp Realty of California Inc License #01893427 Listed on: 11/19/2022

eXp Realty of California Inc

Last Buyer's Agent

JASON TRAN

JASON TRAN, BROKER License #01869895

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,417

Year Built

  • Built in 2010

Lot Details

  • 1,000 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Split Level Home

Interior Spaces

  • 1,458 Sq Ft Home
  • Great Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017454
  • $390 per year additional tax assessments

Community Details

Overview

  • 78 Units
  • Lotus Walk Association, Phone Number (714) 530-7594
  • Action Property Mgmt HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,417

Year Built

Built in 2010

Lot Details

0

HOA Fees

$424 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Will Lau //
  • Other Phone Number: 8182548547
  • Property Attached: Yes
  • Subdivision Name Other: Lotus Walk
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93017454
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1458.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Price Per Square Foot: 394.38
  • Room Type: Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Two Masters, Walk-In Closet

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Trash, Water
  • Association Fee: 424.14
  • Association Fee Frequency: Monthly
  • Association Name: Lotus Walk
  • Phone: 714-530-7594
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Action Property Mgmt

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230
  • Latitude Manual: 33.77682000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 78
  • Number Of Units Total: 78

Tax Info

  • Tax Census Tract: 885.02
  • Tax Lot: 1
  • Tax Tract Number: 16856
  • TaxOtherAnnualAssessmentAmount: 390.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Dec 16, 2022
Sold by
Emily L Hsu Living Trust
Bought by
Tran Jason and Nguyen Nga Hoang
Seller's Agent
Will Lau
eXp Realty of California Inc
Buyer's Agent
JASON TRAN
JASON TRAN, BROKER
List Price
$525,000
Sold Price
$575,000
Premium/Discount to List
$50,000
9.52%
Total Days on Market
3
Views
274
Current Estimated Value
$725,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,668
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Feb 20, 2020
Sold by
Hsu Emily L
Bought by
Hsu Emily L and The Emily L Hsu Living Trust

Purchase Details

Closed on
Jun 25, 2018
Sold by
Wang Stephen A
Bought by
Wang Stephen A

Purchase Details

Closed on
Feb 10, 2014
Sold by
Wells John Robert
Bought by
Wells Diana Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Hsu Emily L and Wang Stephen A
Bought by
Hsu Emily L and Wang Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
In Town Communities Llc
Bought by
Hsu Emily L and Wang Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.51%
Mortgage Type
New Conventional
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 Jason $575,000 Orange Coast Title
Emily L Hsu Living Trust -- Orange Coast Title
Hsu Emily L -- None Available
Wang Stephen A -- None Available
Wells Diana Wang -- First American Title Company
Hsu Emily L -- First American Title Company
Hsu Emily L $374,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Emily L $181,000
Previous Owner Hsu Emily L $190,000
Previous Owner Wells Diana Wang $218,000
Previous Owner Hsu Emily L $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $575,000 0.0% $394 / Sq Ft
12/13/2022 12/13/22 Off Market $575,000 -- --
11/25/2022 11/25/22 For Sale $525,000 -8.7% $360 / Sq Ft
11/23/2022 11/23/22 Off Market $575,000 -- --
11/19/2022 11/19/22 For Sale $525,000 -- $360 / 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 $7,417 $586,500 $328,872 $257,628
2023 $7,284 $575,000 $322,423 $252,577
2022 $5,706 $452,018 $216,388 $235,630
2021 $5,626 $443,155 $212,145 $231,010
2020 $5,558 $438,611 $209,969 $228,642
2019 $5,481 $430,011 $205,852 $224,159
2018 $5,346 $421,580 $201,816 $219,764
2017 $5,289 $413,314 $197,859 $215,455
2016 $5,023 $405,210 $193,979 $211,231
2015 $4,957 $399,124 $191,065 $208,059
2014 $4,841 $391,306 $187,322 $203,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22243396

California Regional Multiple Listing Service (CRMLS)

APN: 930-174-54