NOT LISTED FOR SALE

12850 Palm St Unit 5 Garden Grove, CA 92840

Estimated Value: $717,000 - $749,000

3 Beds
3 Baths
1,507 Sq Ft
$520/ mo HOA Fee

Last Sold November 18, 2024

Last sale price $750,000 $498 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,872/month

43 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Neighborhood Views
  • Earl Warren Elementary School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of November 2024

Immaculate and contemporary, this townhome is situated in an ideal location in the vibrant Lotus Walk Community of Garden Grove. The 3-bedroom, 3-bathroom residence boasts an inviting open concept layout with recessed lighting, 2 tandem car garages, and two luxurious master bedrooms. Stepping into the first level, you'll find a convenient coat closet and direct access to the garage, complete with a storage area. As you ascend to the second level, you're greeted by the warmth of maple hardwood floors that grace the open-concept kitchen and adjoining living room. The kitchen is a chef's delight, featuring an expansive eating area, elegant granite counters, abundant pantry cabinets and shelves, a breakfast bar, and a practical island. Recently installed stainless-steel appliances that come with the home, including a dishwasher, gas range, refrigerator, and microwave, elevate the kitchen's functionality and style. The living room, bathed in natural light, extends seamlessly to a balcony, creating an ideal space for outdoor relaxation. Adjacent to the kitchen, a 3/4 bathroom and a generously sized guest bedroom offer comfort and privacy. Continuing to the third level, the home unfolds to reveal a capacious master suite, a secondary master bedroom, and a convenient laundry room with included washer and dryer. The master suite encompasses a walk-in closet and a private en suite with a dual vanity, a spa-like walk-in shower, and a privacy toilet. The secondary master bedroom offers another walk-in closet and a full bathroom. Embracing a distinctive lifestyle, the Lotus Walk Community provides a host of desirable amenities including, water paid, a sparkling pool, relaxing spa, and inviting BBQ area. Ideally located within walking distance to Haster Basin Recreational Park, the Great Wolf Lodge Water Park, and 2 miles to Disneyland, this home effortlessly blends convenience with leisure. Residents also enjoy easy access to the I-5 and 22 Freeways, Costco, Steelcraft, Garden Grove Main Library, and Main Street's eclectic array of eateries and shops.

Last Agent to Sell the Property

Elizabeth Do

Keller Williams Realty Brokerage Email: Liz@ElizabethDo.com License #01473012 Listed on: 08/22/2024

Keller Williams Realty

Co-Listed By

Christine Shih

Keller Williams Realty Brokerage Email: Liz@ElizabethDo.com License #02083924

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2010

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,507 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16856
  • Assessor Parcel Number 93017471
  • $405 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 78 Units
  • Lotus Walk Association, Phone Number (800) 400-2284
  • Action Property Mgt HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2010

Lot Details

0 Sq Ft Lot

HOA Fees

$520 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Gas Cooktop, and Microwave.
  • Property Attached: Yes
  • Subdivision Name Other: Mosaic Walk
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93017471
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1507.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 497.68
  • Room Type: All Bedrooms Up
  • Spa Features: Association
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Water, Security, Maintenance Front Yard
  • Association Fee: 520.16
  • Association Fee Frequency: Monthly
  • Association Name: Lotus Walk
  • Phone: 800-400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Action Property Mgt

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

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

Tax Info

  • Tax Census Tract: 885.02
  • Tax Lot: 1
  • Tax Tract Number: 16856
  • TaxOtherAnnualAssessmentAmount: 405.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 19, 2024
Sold by
Moon Bok-Keun and Moon Daeryong
Bought by
Posadas Elsie Rodriguez and Arceo William
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$730,000
Sold Price
$750,000
Premium/Discount to List
$20,000
2.74%
Views
77
Current Estimated Value
$735,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,657
Avg. Annual Appreciation
-1.45%
Original Mortgage
$150,000
Outstanding Balance
$104,172
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$631,171

Purchase Details

Closed on
Nov 29, 2010
Sold by
In Town Communities Llc
Bought by
Moon Bok Keun and Moon Daeryong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Posadas Elsie Rodriguez $750,000 Lawyers Title Company
Posadas Elsie Rodriguez $750,000 Lawyers Title Company
Moon Bok Keun $365,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posadas Elsie Rodriguez $150,000
Closed Posadas Elsie Rodriguez $150,000
Open Posadas Elsie Rodriguez $562,500
Closed Posadas Elsie Rodriguez $562,500
Previous Owner Moon Bok Keun $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $750,000 +2.7% $498 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $730,000 0.0% $484 / Sq Ft
09/26/2023 09/26/23 Rented $3,200 0.0% --
09/16/2023 09/16/23 Off Market $3,200 -- --
09/16/2023 09/16/23 For Rent $3,200 0.0% --
09/15/2023 09/15/23 Off Market $3,200 -- --
09/06/2023 09/06/23 For Rent $3,200 +25.5% --
10/29/2016 10/29/16 Rented $2,550 0.0% --
10/20/2016 10/20/16 Under Contract -- -- --
10/02/2016 10/02/16 Price Changed $2,550 -1.9% $2 / Sq Ft
08/27/2016 08/27/16 For Rent $2,600 +13.0% --
09/02/2014 09/02/14 Rented $2,300 -11.5% --
08/03/2014 08/03/14 Under Contract -- -- --
07/30/2014 07/30/14 For Rent $2,600 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,806 $750,000 $459,131 $290,869
2024 $5,806 $458,456 $213,308 $245,148
2023 $5,698 $449,467 $209,125 $240,342
2022 $5,571 $440,654 $205,024 $235,630
2021 $5,492 $432,014 $201,004 $231,010
2020 $5,425 $427,585 $198,943 $228,642
2019 $5,351 $419,201 $195,042 $224,159
2018 $5,219 $410,982 $191,218 $219,764
2017 $5,163 $402,924 $187,469 $215,455
2016 $4,905 $395,024 $183,793 $211,231
2015 $4,840 $389,091 $181,032 $208,059
2014 $4,726 $381,470 $177,486 $203,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24173438

California Regional Multiple Listing Service (CRMLS)

APN: 930-174-71

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