NOT LISTED FOR SALE

12846 Palm St Unit 1 Garden Grove, CA 92840

Estimated Value: $668,000 - $718,000

2 Beds
2.5 Baths
1,333 Sq Ft
$291/mo HOA Fee

Last Sold March 21, 2016

Last sale price $420,000 $315 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,416/month

31 Days on Market

Highlights

  • Private Pool
  • Neighborhood Views
  • 2 Car Attached Garage
  • Earl Warren Elementary School Rated A-
  • Community Fire Pit
  • Laundry Room

About This Home

As of March 2016

Beautiful Tri-Level Townhome in the Heart of OC. This bright and spacious corner-unit has one of the best locations in Mosaic Walk and features an open floor plan with 1,333 square feet of living space and balcony adjacent to the kitchen & dining area. Enjoy very low utility bills in this LEED Certified home with lots of energy saving features including dual-pane windows, tankless water heater, auto-shutoff motion sensor light switches, low-flow toilets, high-efficiency energy star appliances and LEED Certified construction. The kitchen includes granite counter tops, lots of cabinet space and stainless steel appliances. On the top floor, the large master suite features a luxurious master bath with walk-in closet, dual vanity sinks and walk-in shower. A second bedroom with private bathroom is also located on the top floor. Other features include a 2 car over-sized tandem garage, lots of additional storage space and washer/dryer conveniently located on the top floor. Located in the new Grove District - Anaheim Resort area adjacent to the 5, 22, and 57 freeways, Mosaic Walk has fantastic amenities including a private pool and spa with sun deck as well as courtyards with relaxing water features. The very low HOA fees include Water, Trash and Sewer.

Last Agent to Sell the Property

Jeremy Lehman

First Team Real Estate License #01831667 Listed on: 03/06/2016

First Team Real Estate

Co-Listed By

Amber Smyser

Seven Gables Real Estate License #01965991

Last Buyer's Agent

CARLOS LOERA

Carlos Loera, Broker License #01188480

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,235

Year Built

  • Built in 2012

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,333 Sq Ft Home
  • 3-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Additional Features

  • Private Pool
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017506

Community Details

Overview

  • 96 Units
  • Built by Olsen Company

Amenities

  • Community Fire Pit

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,235

Year Built

Built in 2012

Lot Details

0

HOA Fees

$291 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Mosaic Walk
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93017506
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1333.00
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 315.08
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Builder Name: Olsen Company
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Fire Pit, Pool, Sewer, Spa/Hot Tub, Trash, Water
  • Association Fee: 291.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Garden Grove Unified

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, Construction, Doors, Lighting, HVAC, Insulation

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 96
  • Number Of Units Total: 96

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2016
Closed on
Feb 19, 2016
Sold by
Ley Nang and Ley Tomoko K
Bought by
Sabandit Elizabeth Liza and The Elizabeth Sabandit Trust
Seller's Agent
Jeremy Lehman
First Team Real Estate
Buyer's Agent
CARLOS LOERA
Carlos Loera, Broker
List Price
$435,888
Sold Price
$420,000
Premium/Discount to List
-$15,888
-3.64%
Current Estimated Value
$688,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,843
Avg. Annual Appreciation
5.28%
Original Mortgage
$336,000
Outstanding Balance
$265,836
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$423,007

Purchase Details

Closed on
May 14, 2011
Sold by
In Town Communities Llc
Bought by
Ley Nang and Ley Tomoko K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,978
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Sabandit Elizabeth Liza $420,000 First American Title Company
Ley Nang $329,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabandit Elizabeth Liza $336,000
Previous Owner Ley Nang $320,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $420,000 -3.6% $315 / Sq Ft
03/06/2016 03/06/16 For Sale $435,888 +3.8% $327 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
02/13/2016 02/13/16 Off Market $420,000 -- --
02/10/2016 02/10/16 Pending -- -- --
01/18/2016 01/18/16 Price Changed $435,888 0.0% $327 / Sq Ft
01/18/2016 01/18/16 For Sale $435,888 +3.8% $327 / Sq Ft
01/13/2016 01/13/16 Off Market $420,000 -- --
01/13/2016 01/13/16 For Sale $365,888 -- $274 / 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 $6,235 $497,191 $276,924 $220,267
2024 $6,235 $487,443 $271,494 $215,949
2023 $6,122 $477,886 $266,171 $211,715
2022 $5,987 $468,516 $260,952 $207,564
2021 $5,904 $459,330 $255,835 $203,495
2020 $5,833 $454,621 $253,212 $201,409
2019 $5,754 $445,707 $248,247 $197,460
2018 $5,614 $436,968 $243,379 $193,589
2017 $5,556 $428,400 $238,606 $189,794
2016 $4,536 $356,449 $166,245 $190,204
2015 $4,477 $351,095 $163,748 $187,347
2014 $4,374 $344,218 $160,540 $183,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16007413

California Regional Multiple Listing Service (CRMLS)

APN: 930-175-06