NOT LISTED FOR SALE

131 Draft Way Placentia, CA 92870

Estimated Value: $627,183 - $684,000

2 Beds
2 Baths
1,000 Sq Ft
$250/mo HOA Fee

Last Sold March 23, 2015

Last sale price $355,000 $355 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,340/month

142 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Wood Flooring
  • Van Buren Elementary School Rated A
  • Contemporary Architecture
  • End Unit

About This Home

As of March 2015

Beautiful End Unit Condo in the Altura gated community. This TRUE turnkey 2 Bed 2 Bath has been meticulously cared for. Before you walk in, you will notice an oversized driveway in front of the garage, which is rare in this community. The garage includes built in storage for extra space as well as washer/dryer hookups. As you walk in, you will have the "open" feeling as the layout provides it. Laminate wood flooring throughout most of the home with the exception of the kitchen and bathrooms having tile. Unit has been recently painted throughout, both bathrooms have been updated with taste. Stainless steel appliances. Enjoy your mornings by sitting in the balcony with your cup of coffee and listening to the peace and quiet of this neighborhood. HOA includes pool/spa/gym access. You have kids?? Then enjoy the fact that this unit is surrounded by Placentia/Yorba Linda school district with high ratings and high API. Easy access to the 91 and 57 freeways. You will not be dissapointed with this home. All you have to do is move in!!!!

Last Agent to Sell the Property

Christopher Cadiz

Simplified Home Realty License #01387859 Listed on: 09/04/2014

Last Buyer's Agent

Mihir Gandhi (See Notes)

First Team Real Estate License #00935245

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Planned Development

Interior Spaces

  • 1,000 Sq Ft Home
  • Family Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 15015
  • Assessor Parcel Number 93449411

Community Details

Overview

  • 188 Units

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,876

Year Built

Built in 1998

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Architectural Style: Contemporary, Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93449411
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 355.00
  • Room Type: All Bedrooms Up
  • Spa Features: Association, In Ground

Exterior Features

  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Placentia-Yorba Linda Unified

Lot Info

  • Lot Features: Planned Unit Development

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 188
  • Number Of Units Total: 188

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 15015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Makaalikal Lovely Achuthan
Bought by
Makaalikal Lovely Achuthan and Lovely Achuthan Makaalikal
Total Days on Market
142
Current Estimated Value
$658,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,625
Outstanding Balance
$206,450
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$448,288

Purchase Details

Closed on
Jul 24, 2020
Sold by
Makaalikal Lovely Achuthan and Lovely Achuthan Makaalikal
Bought by
Achuthan Makaalikal Lovely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,625
Outstanding Balance
$206,450
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$448,288

Purchase Details

Closed on
Apr 6, 2018
Sold by
Makaalikal Lovely
Bought by
Makaalikal Lovely Achuthan and Lovely Achuthan Makaalikal

Purchase Details

Listed on
Sep 4, 2014
Closed on
Jan 27, 2015
Sold by
Ocampo Feliciano
Bought by
Makaalikal Lovely
Seller's Agent
Christopher Cadiz
Simplified Home Realty
Buyer's Agent
Mihir Gandhi (See Notes)
First Team Real Estate
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$284,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Ocampo Feliciano
Bought by
Ocampo Feliciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Nay Kris C
Bought by
Ocampo Feliciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 12, 2003
Sold by
Nay Brooke N Berry
Bought by
Nay Kris C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Mehlbrandt Tami Jean
Bought by
Nay Kris C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1998
Sold by
Ridgegate Estates
Bought by
Mehlbrandt Tami Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
7.07%
Source: Public Records

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Range of Values:

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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
Makaalikal Lovely Achuthan -- First American Title Company
Achuthan Makaalikal Lovely -- First American Title Company
Makaalikal Lovely Achuthan -- None Available
Makaalikal Lovely $355,000 Lawyers Title
Ocampo Feliciano -- Fidelity National Title
Ocampo Feliciano -- Fidelity National Title
Ocampo Feliciano $430,000 Fidelity National Title Co
Nay Kris C -- Fidelity National Title
Nay Kris C $280,000 Fidelity National Title
Mehlbrandt Tami Jean $120,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achuthan Makaalikal Lovely $253,625
Previous Owner Makaalikal Lovely $284,000
Previous Owner Ocampo Feliciano $310,500
Previous Owner Ocampo Feliciano $23,000
Previous Owner Ocampo Feliciano $344,000
Previous Owner Nay Kris C $315,000
Previous Owner Nay Kris C $266,000
Previous Owner Mehlbrandt Tami Jean $10,000
Previous Owner Mehlbrandt Tami Jean $116,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $355,000 -2.7% $355 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $365,000 -- $365 / 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
2024 $4,876 $418,286 $278,965 $139,321
2023 $4,795 $410,085 $273,495 $136,590
2022 $4,756 $402,045 $268,133 $133,912
2021 $4,678 $394,162 $262,875 $131,287
2020 $4,688 $390,121 $260,180 $129,941
2019 $4,531 $382,472 $255,078 $127,394
2018 $4,476 $374,973 $250,076 $124,897
2017 $4,405 $367,621 $245,172 $122,449
2016 $4,320 $360,413 $240,364 $120,049
2015 $4,398 $360,000 $232,316 $127,684
2014 $5,034 $340,750 $213,066 $127,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14190880

California Regional Multiple Listing Service (CRMLS)

APN: 934-494-11