NOT LISTED FOR SALE

130 Preakness Dr Placentia, CA 92870

Estimated Value: $822,343 - $851,000

2 Beds
2.5 Baths
1,489 Sq Ft
$558/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $615,000 $413 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,438/month

1 Day on Market

Highlights

  • No Units Above
  • City Lights View
  • 2 Car Direct Access Garage
  • Glenview Elementary School Rated A-
  • Community Pool
  • Laundry Room

About This Home

As of September 2021

LOCATION, VIEW, POTENTIAL! Bring your hammer and nails!! This is a wonderful opportunity to live in the Placentia/Yorba Linda area and school district. Not only does this unit have a large private patio/yard with a stellar city lights view, this condo has a great open floor plan, two primary suites and a 2 car attached garage. Small planned community is in the middle of a beautiful paint upgrade and has useful amenities such as a centralized pool/spa area. Located close to the freeway, restaurants, shopping and walking trails making this home a perfect fit. Investors, first time home buyers, down-sizers - all are welcome; resurface this home to make it your own or re-sell for an easy profit!

Last Agent to Sell the Property

Laura Spencer

T.N.G. Real Estate Consultants License #01701977 Listed on: 08/18/2021

T.N.G. Real Estate Consultants

Co-Listed By

Andrea Montalvo

T.N.G. Real Estate Consultants License #01757593

Last Buyer's Agent

Erik Ransdell

Erik Michael Ransdell, Broker License #02077589

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1981

Lot Details

  • 2,392 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Planned Development

Interior Spaces

  • 1,489 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 10992
  • Assessor Parcel Number 34354520

Community Details

Overview

  • 140 Units
  • Placentia Knolls Association, Phone Number (714) 505-1444
  • Lordon Management HOA
  • Placentia Knolls Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,700

Year Built

Built in 1981

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Placentia Knolls (PLKN)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 34354520
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1489.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 413.03
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Placentia Knolls
  • Phone: 714-505-1444
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Suburban
  • Association Management: Lordon Management

Schools

  • School District: Placentia-Yorba Linda Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2392.00
  • Lot Size Acres: 0.0549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2392.0000 Square Feet
  • Number Of Units In Community: 140
  • Number Of Units Total: 140

Tax Info

  • Tax Census Tract: 218.21
  • Tax Lot: 20
  • Tax Tract Number: 10992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 11, 2021
Sold by
Welch Michele K and Welch Family Trust
Bought by
Sllamniku Urim
Seller's Agent
Laura Spencer
T.N.G. Real Estate Consultants
Buyer's Agent
Erik Ransdell
Erik Michael Ransdell, Broker
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Current Estimated Value
$831,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,586
Avg. Annual Appreciation
6.86%
Original Mortgage
$584,250
Outstanding Balance
$533,173
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$265,427

Purchase Details

Closed on
Feb 26, 2020
Sold by
Welch Ian Douglas and Welch Michele
Bought by
Welch Ian Douglas and Welch Michele K

Purchase Details

Closed on
Jan 29, 2003
Sold by
Welch Ian Douglas and Welsh Ian Douglas
Bought by
Welch Ian Douglas and Welch Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,800
Interest Rate
5.76%

Purchase Details

Closed on
Mar 25, 1994
Sold by
Welch Adrienne M
Bought by
Welch Ian Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.21%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Orr William H and Orr Jondea
Bought by
Welsh Ian Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.21%
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
Sllamniku Urim $615,000 Ticor Title Co
Welch Ian Douglas -- None Available
Welch Ian Douglas -- Chicago Title Co
Welch Ian Douglas -- Old Republic Title Co
Welsh Ian Douglas $169,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sllamniku Urim $160,983
Open Sllamniku Urim $584,250
Previous Owner Welch Ian Douglas $159,250
Previous Owner Welch Ian Douglas $138,000
Previous Owner Welch Ian Douglas $171,800
Previous Owner Welck Ian Douglas $20,099
Previous Owner Welch Ian Douglas $150,000
Previous Owner Welsh Ian Douglas $152,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $615,000 +2.7% $413 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $599,000 -- $402 / 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 $7,700 $652,642 $509,516 $143,126
2024 $7,700 $639,846 $499,526 $140,320
2023 $7,535 $627,300 $489,731 $137,569
2022 $7,498 $615,000 $480,128 $134,872
2021 $3,596 $265,356 $95,122 $170,234
2020 $3,536 $262,636 $94,147 $168,489
2019 $3,388 $257,487 $92,301 $165,186
2018 $3,341 $252,439 $90,491 $161,948
2017 $3,282 $247,490 $88,717 $158,773
2016 $3,217 $242,638 $86,978 $155,660
2015 $3,172 $238,994 $85,672 $153,322
2014 $3,087 $234,313 $83,994 $150,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21171815

California Regional Multiple Listing Service (CRMLS)

APN: 343-545-20