NOT LISTED FOR SALE

12848 Palm St Unit 2 Garden Grove, CA 92840

Estimated Value: $670,339 - $749,000

2 Beds
2.5 Baths
1,347 Sq Ft
$332/mo HOA Fee

Last Sold August 02, 2013

Last sale price $350,000 $260 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,429/month

20 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • Earl Warren Elementary School Rated A-
  • City Lights View
  • Contemporary Architecture

About This Home

As of August 2013

This dramatic end-unit property has the look and feel of urban living with all of the amenities. With high ceilings, recessed lighting, a spacious great room that encompasses the majority of the second level includes a private balcony, and a third story with private suites and the convenience of a laundry area, this well designed property is truly unique in many ways. A well designed kitchen includes granite counter tops, stainless steel appliances, and a large amount of counter space and storage. The master suite offers a walk-in closet, a granite vanity with two sinks, and views. With a over-sized garage that can accommodate multiple vehicles and still have area for storage, this loft-type property also includes an inviting community area with its own private pool and spa.

Last Agent to Sell the Property

Matt Perry

Arbor Real Estate License #01192690 Listed on: 06/13/2013

Arbor Real Estate

Last Buyer's Agent

Kathy Asato

Pacific Agency Group License #01416946

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 2010

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Stucco

Interior Spaces

  • 1,347 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Spa
  • Private Pool

Additional Features

  • Living Room Balcony
  • 1 Common Wall
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017508

Community Details

Overview

  • 78 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,438

Year Built

Built in 2010

Lot Details

0

HOA Fees

$332 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Lotus Walk
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93017508
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1347.00
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Tandem, Unfurnished
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 259.84
  • Room Type: All Bedrooms Up, Great Room, Master Bedroom, Master Suite
  • Spa Features: Association, In Ground

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 332.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Garden Grove Unified

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 18, 2013
Sold by
Bieber Debra A
Bought by
Hirosumi Ken
Seller's Agent
Matt Perry
Arbor Real Estate
Buyer's Agent
Kathy Asato
Pacific Agency Group
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$696,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,085
Avg. Annual Appreciation
5.78%
Original Mortgage
$332,500
Outstanding Balance
$241,776
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$454,309

Purchase Details

Closed on
Jun 17, 2011
Sold by
In Town Communities Llc
Bought by
Bieber Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,376
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hirosumi Ken $350,000 Fidelity National Title Oran
Bieber Debra A $334,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirosumi Ken $332,500
Previous Owner Bieber Debra A $325,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $350,000 -2.5% $260 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $359,000 -- $267 / 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 $5,438 $429,047 $212,327 $216,720
2024 $5,438 $420,635 $208,164 $212,471
2023 $5,338 $412,388 $204,083 $208,305
2022 $5,220 $404,302 $200,081 $204,221
2021 $5,148 $396,375 $196,158 $200,217
2020 $5,087 $392,311 $194,146 $198,165
2019 $5,018 $384,619 $190,339 $194,280
2018 $4,896 $377,078 $186,607 $190,471
2017 $4,846 $369,685 $182,948 $186,737
2016 $4,606 $362,437 $179,361 $183,076
2015 $4,546 $356,993 $176,666 $180,327
2014 $4,441 $350,000 $173,205 $176,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13112663

California Regional Multiple Listing Service (CRMLS)

APN: 930-175-08