NOT LISTED FOR SALE

12842 Palm St Unit 106 Garden Grove, CA 92840

Estimated Value: $664,000 - $684,000

2 Beds
2.5 Baths
1,326 Sq Ft
$567/mo HOA Fee

Last Sold January 23, 2023

Last sale price $560,000 $422 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,849/month

197 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Multi-Level Bedroom
  • Earl Warren Elementary School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of January 2023

Welcome to the Community of Lotus Walk. This unique community offers varying types of contemporary homes, centrally located connecting homeowners to leisure, dining & entertainment, shopping, easy access to major freeways and employment. This Upgraded, Move-in ready, end unit Condo has, not 1 but 2 car garage and still has space for Storage. In addition, this unit presents appointed spaces that’s upgraded to today’s trends. Unique to this home are the high ceilings, full-sized windows in double pane, balconies that look out to open spaces, an inside laundry and well maintained community amenities with an abundance of guest parking. This beautifully upgraded unit stands close to the building elevator for convenience. Upon entry, tile floors line the hallway while laminated wood floors are featured in the versatile dining or living area, depending on how you want this space to function for you. The fully upgraded kitchen is fitted with granite counters, complemented by stainless steel appliances & dark-stained cabinetry . The dining area flows freely to the kitchen then into the naturally bright living room. The brick-designed, wall-papered Accent wall in the living room creates a canvass that perfectly juxtaposes with the owners personal Mirror collection. Off the living room is a balcony that allows for an outdoor seating area. Don't miss the spacious powder room with a newer custom vanity with quartz counters. The stacked laundry closet area sits right next to the steps leading to the second level. Heading to the upstairs bedrooms, carpet lay flooring to the stairway adorned with a newly installed chandelier. Jazzing up the ceilings throughout this Home are delicate, charming and collectible light fixtures that illuminates the space and a true feast for the eyes. Brizo luxury faucets were recently installed. The Primary en-suite bedroom looks out to open spaces via the balcony, through double doors. The secondary bedroom is equally charming with a full bathroom right next to it. The wonderful community amenities include an abundance of guest parking, a well maintained private pool and spa, lush green courtyard and outdoor seating area. Enjoy its Ideal location in the heart of Orange county, with easy access to the 5, 22 an 57 freeways. Disneyland Resort and The Great Wolf Lodge are just minutes away. Monthly HOA PAYS FOR TRASH & WATER.

Last Agent to Sell the Property

Filipina Opena

Coldwell Banker Realty License #01416445 Listed on: 06/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Brandon Begane

Redfin License #02043832

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,151

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • Two or More Common Walls
  • Masonry wall
  • Stucco Fence
  • Fence is in good condition

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Turnkey
  • Combination Foundation
  • Block Foundation
  • Slab Foundation
  • Common Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,326 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Living Room
  • Formal Dining Room
  • Storage
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Multi-Level Bedroom
  • Remodeled Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Warren Elementary School
  • Walton Middle School
  • Santiago High School

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017430
  • $388 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Service Entrance

Recreation

  • Community Pool
  • Community Spa

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,151

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$567 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Subdivision Name Other: Lotus Walk
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93017430
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1326.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Stories: 2
  • Entry Location: Ground Level,Main Level
  • Common Walls: 2+ Common Walls, End Unit, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Service Entrance, Storm Door(s)
  • Eating Area: Breakfast Counter / Bar, In Kitchen, Separated
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 422.32
  • Room Type: Living Room, Master Bedroom, Multi-Level Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows, Drapes, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Block, Combination, Concrete Perimeter, Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Masonry, Stucco Wall
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area
  • Association Fee: 567.00
  • Association Fee Frequency: Monthly
  • Association Name: Lotus Walk
  • Phone: 949.450.0202 ext
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Action Property Management

Schools

  • School District: Garden Grove Unified
  • Elementary School: Warren
  • Middle School: Walton
  • High School: Santiago
  • Elementary School: Warren
  • High School: Santiago
  • Middle Or Junior School: Walton
  • Elementary School #2: WARREN
  • High School2: SANTIA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 78
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16856
  • TaxOtherAnnualAssessmentAmount: 388.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jan 19, 2023
Sold by
Le Christine
Bought by
Phanthe Ryan and Won Elizabeth
Seller's Agent
Filipina Opena
Coldwell Banker Realty
Buyer's Agent
Brandon Begane
Redfin
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Views
113
Current Estimated Value
$676,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,445
Avg. Annual Appreciation
7.60%
Original Mortgage
$448,000
Outstanding Balance
$434,434
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$242,011

Purchase Details

Closed on
Jul 19, 2013
Sold by
Lim Jin Ae
Bought by
The Jin Ae Lim Irrevocable Living Trust

Purchase Details

Closed on
Dec 10, 2007
Sold by
In Town Communities Llc
Bought by
Le Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,140
Interest Rate
6.15%
Mortgage Type
Stand Alone Second
Source: Public Records

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
Phanthe Ryan $560,000 Western Resources
The Jin Ae Lim Irrevocable Living Trust -- None Available
Le Christine $382,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phanthe Ryan $448,000
Previous Owner Le Christine $252,500
Previous Owner Le Christine $259,500
Previous Owner Le Christine $308,500
Previous Owner Le Christine $38,140
Previous Owner Le Christine $305,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $560,000 -2.6% $422 / Sq Ft
11/18/2022 11/18/22 For Sale $575,000 +2.7% $434 / Sq Ft
11/01/2022 11/01/22 Off Market $560,000 -- --
10/31/2022 10/31/22 For Sale $599,000 +7.0% $452 / Sq Ft
10/02/2022 10/02/22 Off Market $560,000 -- --
10/01/2022 10/01/22 For Sale $599,000 +7.0% $452 / Sq Ft
09/07/2022 09/07/22 Off Market $560,000 -- --
07/13/2022 07/13/22 Price Changed $599,000 -7.7% $452 / Sq Ft
07/06/2022 07/06/22 Price Changed $649,000 -0.2% $489 / Sq Ft
06/21/2022 06/21/22 For Sale $650,000 -- $490 / 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
2025 $7,151 $582,624 $339,675 $242,949
2024 $7,151 $571,200 $333,014 $238,186
2023 $6,171 $481,996 $240,508 $241,488
2022 $6,035 $472,546 $235,793 $236,753
2021 $5,951 $463,281 $231,170 $232,111
2020 $5,880 $458,531 $228,800 $229,731
2019 $5,800 $449,541 $224,314 $225,227
2018 $5,659 $440,727 $219,916 $220,811
2017 $5,430 $418,000 $215,604 $202,396
2016 $4,811 $380,000 $188,720 $191,280
2015 $4,581 $360,000 $168,720 $191,280
2014 $4,558 $360,000 $168,720 $191,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22131618

California Regional Multiple Listing Service (CRMLS)

APN: 930-174-30