NOT LISTED FOR SALE

1505 Ismail Place Placentia, CA 92870

Estimated Value: $607,000 - $656,000

2 Beds
2 Baths
1,025 Sq Ft
$619/Sq Ft Est. Value

Last Sold March 08, 2012

Last sale price $237,000 $231 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,191/month

About This Home

As of March 2012

Rarely on the market, a larger 2-bedroom and 2-bathroom two floor condo in a very private location in the beautiful, gated Altura community in Placentia. The unit is well maintained with many recent upgrades. The garage and laundry area are located on the first floor with a staircase leading to the bright and spacious living area on the second floor. The living room has a beautiful fireplace and a private balcony where you can relax with your morning coffee and enjoy the great views. Adjacent to the living room are the kitchen and the dining room. The dining room wall is decorated with floor to ceiling mirrors making the room very bright and expansive. The newer kitchen has granite countertops and ample cabinet space for all your storage needs. A large size master bedroom with a walk-in closet and a master bathroom with a double vanity and a second bedroom comes with its own full bathroom provide space and comfort for the entire family. The Altura community has its own sparkling pool and spa as well as a clubhouse with a gym. This condo unit is very close to the Cal State Fullerton campus, Troy high school, and multiple shopping centers and is a must see, which will not last!

If you can't make it to the private showings, here is a link below for a short video to walk you through the property: https://youtu.be/nsXehNPRv7s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 27, 2012
Sold by
Opes Investments Inc
Bought by
Huang Hsiao Ching Kathy and Huang Chung Yuan
Seller's Agent
Kevin Kim
Circa Properties, Inc.
Buyer's Agent
Lena Duan
Homequest Real Estate
List Price
$265,000
Sold Price
$237,000
Premium/Discount to List
-$28,000
-10.57%
Current Estimated Value
$634,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,777
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Lee Michelle K C
Bought by
Opes Investments

Purchase Details

Closed on
Aug 10, 2007
Sold by
Garrett Kim
Bought by
Lee Michelle K C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2004
Sold by
Garrett Kim
Bought by
Garrett Kim and Kim Garrett Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 29, 2004
Sold by
Garrett Kim
Bought by
Garrett Kim and Kim Garrett Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Garrett Kim
Bought by
Garrett Kim and Kim Garrett Revocable Trust

Purchase Details

Closed on
Nov 25, 2002
Sold by
Smith David Paul and Smith Sara Ann
Bought by
Garrett Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Frembling Angela Therese
Bought by
Frembling Patrick James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,300
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2001
Sold by
Frembling Patrick James
Bought by
Smith David Paul and Smith Sara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,300
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1999
Sold by
Frembling Patrick James and Frembling Angela Therese
Bought by
Frembling Patrick James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 9, 1998
Sold by
Ridgegate Estates
Bought by
Frembling Patrick James and Frembling Angela Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,550
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huang Hsiao Ching Kathy $237,000 First American Title Company
Opes Investments $218,100 None Available
Lee Michelle K C $389,000 Orange Coast Title
Garrett Kim -- --
Garrett Kim -- North American Title
Garrett Kim -- Fidelity National Title
Garrett Kim -- Fidelity National Title
Garrett Kim -- --
Garrett Kim $245,000 Fidelity National Title Co
Frembling Patrick James -- --
Smith David Paul $186,000 --
Frembling Patrick James -- Benefit Land Title Company
Frembling Patrick James $116,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Michelle K C $311,200
Previous Owner Garrett Kim $68,000
Previous Owner Garrett Kim $320,000
Previous Owner Garrett Kim $284,750
Previous Owner Garrett Kim $190,000
Previous Owner Smith David Paul $180,300
Previous Owner Frembling Patrick James $32,000
Previous Owner Frembling Patrick James $112,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Rented $2,245 -8.6% --
04/18/2021 04/18/21 For Rent $2,455 +22.8% --
06/10/2018 06/10/18 Rented $2,000 0.0% --
06/02/2018 06/02/18 Price Changed $2,000 +1.3% $2 / Sq Ft
05/27/2018 05/27/18 Price Changed $1,975 -1.3% $2 / Sq Ft
05/09/2018 05/09/18 For Rent $2,000 0.0% --
05/05/2018 05/05/18 Rented $2,000 0.0% --
02/11/2018 02/11/18 For Rent $2,000 0.0% --
02/08/2018 02/08/18 Off Market $2,000 -- --
01/31/2018 01/31/18 For Rent $2,000 +8.1% --
04/26/2015 04/26/15 Rented $1,850 0.0% --
04/26/2015 04/26/15 For Rent $1,850 0.0% --
03/08/2012 03/08/12 Sold $237,000 -7.8% $231 / Sq Ft
01/13/2012 01/13/12 Price Changed $257,000 -0.4% $251 / Sq Ft
01/05/2012 01/05/12 Price Changed $258,000 -2.6% $252 / Sq Ft
10/28/2011 10/28/11 For Sale $265,000 -- $259 / Sq Ft

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 $3,612 $291,843 $158,739 $133,104
2023 $3,551 $286,121 $155,626 $130,495
2022 $3,522 $280,511 $152,574 $127,937
2021 $3,466 $275,011 $149,582 $125,429
2020 $3,473 $272,192 $148,049 $124,143
2019 $3,362 $266,855 $145,146 $121,709
2018 $3,323 $261,623 $142,300 $119,323
2017 $3,272 $256,494 $139,510 $116,984
2016 $3,211 $251,465 $136,774 $114,691
2015 $3,173 $247,688 $134,719 $112,969
2014 $3,977 $242,837 $132,080 $110,757
Source: Public Records

Agents Affiliated with this Home

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