12842 Palm St Unit 4 Garden Grove, CA 92840
Estimated Value: $631,000 - $691,000
2
Beds
2.5
Baths
1,326
Sq Ft
$560/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- City Lights View
- 2 Car Attached Garage
- Earl Warren Elementary School Rated A-
- Community Pool
- Walk-In Closet
About This Home
As of October 2022This Beautiful Two-Story Penthouse Located on The Top Floor is a Must-See! Located in the beautiful gated community of Lotus Walk, it is an upgraded 2 bedroom 2.5 bathrooms modern condo with new tile flooring. This home is turnkey with 9-foot ceilings, recess lighting, and built-in speakers in the living room, kitchen, and master bedroom. Pre-wired with cable connections, and a large walk-in closet in the master bedroom. This home has charming and collectible light fixtures and newly installed luxury faucets. The entryway is lined with an elegant tile floor. The fully upgraded kitchen is fitted with granite counters, stainless steel appliances (included), and dark-stained cabinetry. It opens to the living room and dining room. The living room contains a balcony that allows for an outdoor seating area with a Penthouse city light view! There is an indoor laundry room (washer & dryer included). The master bedroom also leads out to a balcony through double doors that provide a gorgeous view of city lights. This penthouse has a total of 3 parking spaces with room for storage and additional community parking space is already included until the end of Oct. and it can be extended. It is conveniently located near the 22, 5, and 57 freeways. The monthly HOA includes water and trash. The wonderful community amenities include an abundance of guest parking, a well-maintained private pool and spa, a lush green courtyard, and an outdoor seating area. Disneyland Resort, Anaheim Stadium, The Great Wolf Lodge, and various dining, entertainment, and shopping are just minutes away from the prime Garden Grove location! Check this beauty out at the open house and appointments are always available.
Last Agent to Sell the Property
Seon Yun
California Bridge Realty License #02037889 Listed on: 07/26/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,334
Year Built
- Built in 2007
HOA Fees
- $560 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,326 Sq Ft Home
- Family Room
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Additional Features
- Exterior Lighting
- Two or More Common Walls
- Central Air
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 16856
- Assessor Parcel Number 93017447
- $388 per year additional tax assessments
Community Details
Overview
- 78 Units
- Lotus Walk Association, Phone Number (949) 450-0202
- Action Property Management HOA
Recreation
- Community Pool
- Community Spa
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2022
Closed on
Sep 19, 2022
Sold by
Shin Jieun
Bought by
Chan Danion
Seller's Agent
Seon Yun
California Bridge Realty
Buyer's Agent
Jason Lowery
Compass
List Price
$635,000
Sold Price
$575,000
Premium/Discount to List
-$60,000
-9.45%
Total Days on Market
51
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,192
Avg. Annual Appreciation
5.65%
Original Mortgage
$475,000
Outstanding Balance
$458,466
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$206,726
Purchase Details
Closed on
Feb 24, 2015
Sold by
Ha Kyung Tae
Bought by
Shin Jieun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2015
Sold by
Brunton Dennis S and Blair Heather D
Bought by
Shin Jieun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2012
Sold by
Brunton Dennis S and Blair Heather D
Bought by
Brunton Dennis S and Blair Heather D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2008
Sold by
In Town Communities Llc
Bought by
Brunton Dennis S and Blair Heather D
Similar Homes in Garden Grove, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chan Danion | $575,000 | Lawyers Title | |
| Shin Jieun | -- | Western Resources Title Co | |
| Shin Jieun | $380,000 | Western Resources Title Co | |
| Brunton Dennis S | -- | Ticor Title Company | |
| Brunton Dennis S | $382,500 | Fidelity National Title Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chan Danion | $475,000 | |
| Previous Owner | Shin Jieun | $278,500 | |
| Previous Owner | Shin Jieun | $304,000 | |
| Previous Owner | Brunton Dennis S | $295,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $575,000 | -4.0% | $434 / Sq Ft |
| 08/24/2022 08/24/22 | Price Changed | $599,000 | -3.2% | $452 / Sq Ft |
| 08/18/2022 08/18/22 | Price Changed | $619,000 | -2.5% | $467 / Sq Ft |
| 07/26/2022 07/26/22 | For Sale | $635,000 | -- | $479 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,334 | $586,500 | $364,073 | $222,427 |
| 2023 | $7,200 | $575,000 | $356,934 | $218,066 |
| 2022 | $5,531 | $430,359 | $223,310 | $207,049 |
| 2021 | $5,455 | $421,921 | $218,931 | $202,990 |
| 2020 | $5,390 | $417,595 | $216,686 | $200,909 |
| 2019 | $5,317 | $409,407 | $212,437 | $196,970 |
| 2018 | $5,187 | $401,380 | $208,272 | $193,108 |
| 2017 | $5,134 | $393,510 | $204,188 | $189,322 |
| 2016 | $4,878 | $385,795 | $200,185 | $185,610 |
| 2015 | $4,581 | $360,000 | $167,614 | $192,386 |
| 2014 | $4,558 | $360,000 | $167,614 | $192,386 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Seon Yun
California Bridge Realty
(951) 547-8400
1 in this area
52 Total Sales
-
Jason Lowery
Buyer's Agent in 2022
Jason Lowery
Compass
(323) 393-0723
1 in this area
112 Total Sales
-
J
Buyer's Agent in 2022
Jason Lowe
Keller Williams Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG22164681
APN: 930-174-47
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