NOT LISTED FOR SALE

1540 E Spruce St Placentia, CA 92870

Estimated Value: $930,000 - $1,028,000

3 Beds
3.5 Baths
2,024 Sq Ft
$280/mo HOA Fee

Last Sold February 16, 2022

Last sale price $830,000 $410 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,481/month

4 Days on Market

Highlights

  • Open Floorplan
  • Dual Staircase
  • L-Shaped Dining Room
  • Van Buren Elementary School Rated A
  • Main Floor Bedroom
  • Courtyard Views

About This Home

As of February 2022

Open family room, kitchen and dining areas allow entertaining to flow easily to the private balcony large enough for lounging and BBQ. High ceilings throughout these rooms and open windows and doors flood light inside. Prep island with breakfast bar, white cabinetry, and stainless-steel appliances. All bedrooms en suite with private adjoining bathrooms, some with walk-in closets complete with organizers. Three bedrooms: one downstairs location for guests or in-laws’ quarters, two upstairs bedrooms, plus 3 ½ bathrooms have rooms for everyone! Downstairs bedroom has its own private patio area. Upstairs inside laundry. The community enjoys a private tot lot and BBQ area. There is parking for 3 vehicles: a 2-car attached, direct access garage, plus one parking space – room enough for three cars! Acclaimed education at Van Buren Elementary, Kraemer Middle School, and Valencia High Schools; easy commute to Cal State Fullerton, Fullerton Community College and Chapman University. Have fun at Kraemer Park.
One of ten private, unique homes, newly built in 2017 of the “Fifteen 48” community in a quiet family friendly cul de sac location. Ideally situated for any commute to all the counties with easy access to the 91, 55, & 57 freeways, and just 15 minutes from Disneyland.. Upscale shopping can be enjoyed at nearby Brea Mall.

Last Agent to Sell the Property

Elain Nermon

First Team Real Estate North Tustin License #01205541 Listed on: 01/11/2022

First Team Real Estate North Tustin

Last Buyer's Agent

Nelsie Quiroz

Keller Williams Realty License #02069845

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,576

Year Built

  • Built in 2017

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 2,024 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • L-Shaped Dining Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Schools

  • Van Buren Elementary School
  • Kraemer Middle School
  • Valencia High School

Utilities

  • Central Air
  • Water Heater
  • Water Purifier
  • Water Softener

Additional Features

  • Exterior Lighting
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17775
  • Assessor Parcel Number 93273635
  • $1,203 per year additional tax assessments

Community Details

Overview

  • 10 Units
  • Fifteen 48 Association, Phone Number (714) 891-8804
  • Interpacific Asset Mgmt HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,576

Year Built

Built in 2017

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 7143965746
  • Property Attached: Yes
  • Subdivision Name Other: Fifteen 48
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93273635
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2024.00 Square Feet
  • Interior Amenities: 2 Staircases, In-Law Floorplan, Copper Plumbing Full, Living Room Balcony, Open Floorplan
  • Entry Location: GROWND LEVEL
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 410.08
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave, Water Heater, Water Purifier, Water Softener
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Playground
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: FIFTEEN 48
  • Phone: 7148918804
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Interpacific Asset Mgmt

Schools

  • School District: Placentia-Yorba Linda Unified
  • Elementary School: Van Buren
  • Middle School: Kraemer
  • High School: Valencia
  • Elementary School: Van Buren
  • High School: Valencia
  • Middle Or Junior School: Kraemer
  • Elementary School #2: VANBUR
  • High School2: VALENC

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 218.21
  • Tax Lot: 1
  • Tax Tract Number: 17775
  • TaxOtherAnnualAssessmentAmount: 1203.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jan 20, 2022
Sold by
Allanabanda Fazal Abbas and Bahrai Lulua
Bought by
Morris Kelley C and Monje Jeffrey A
Seller's Agent
Elain Nermon
First Team Real Estate North Tustin
Buyer's Agent
Nelsie Quiroz
Keller Williams Realty
List Price
$778,800
Sold Price
$830,000
Premium/Discount to List
$51,200
6.57%
Current Estimated Value
$978,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,347
Avg. Annual Appreciation
4.09%
Original Mortgage
$581,000
Outstanding Balance
$544,603
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$411,570

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 2, 2018
Sold by
Villa Picae Llc
Bought by
Allanabande Fazal and Bahrainwala Lulua
Seller's Agent
Brianne Sawyer
Partners Real Estate Group
Buyer's Agent
Elain Nermon
First Team Real Estate North Tustin
List Price
$609,900
Sold Price
$609,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$548,910
Interest Rate
4.22%
Mortgage Type
New Conventional
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
Morris Kelley C $830,000 Orange Coast Title
Allanabande Fazal $610,000 Orange Cost Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Kelley C $581,000
Previous Owner Allanabande Fazal $548,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $830,000 +6.6% $410 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $778,800 +27.7% $385 / Sq Ft
03/15/2018 03/15/18 Sold $609,900 0.0% $328 / Sq Ft
01/15/2018 01/15/18 For Sale $609,900 -- $328 / 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 $10,576 $880,802 $477,242 $403,560
2024 $10,576 $863,532 $467,884 $395,648
2023 $10,364 $846,600 $458,709 $387,891
2022 $8,256 $653,934 $292,479 $361,455
2021 $8,056 $641,112 $286,744 $354,368
2020 $8,064 $634,539 $283,804 $350,735
2019 $7,749 $622,098 $278,240 $343,858
2018 $4,894 $391,590 $83,058 $308,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22003979

California Regional Multiple Listing Service (CRMLS)

APN: 932-736-35