NOT LISTED FOR SALE

201 Draft Way Placentia, CA 92870

Estimated Value: $627,000 - $650,000

2 Beds
2 Baths
950 Sq Ft
$340/mo HOA Fee

Last Sold October 24, 2022

Last sale price $567,500 $597 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,244/month

9 Days on Market

Highlights

  • Spa
  • Gated Community
  • End Unit
  • Van Buren Elementary School Rated A
  • Main Floor Bedroom
  • 1 Car Attached Garage

About This Home

As of October 2022

Well-maintained 2 bedroom/2 bathroom end unit single level condo in the gated Altura community of Placentia. This home is situated in one of the best locations in the community. There is a greenbelt in front of the home and the home includes a spacious private back patio which is perfect for family barbecues and/or entertaining. As you enter the home you will notice the open floor plan that flows seamlessly from the living room to the kitchen. The living room includes a fireplace and large windows that allow in an abundance of natural light. The home has two good sized bedrooms including a master bedroom with a walk-in closet and master bathroom. The community offers a pool, spa and playground. Conveniently located near freeways, shops, restaurants and parks.

Last Agent to Sell the Property

Katherine Chung

Advocates Realty Group, Inc. License #01937043 Listed on: 08/29/2022

Co-Listed By

Donald Yang

Advocates Realty Group, Inc. License #01927113

Last Buyer's Agent

Brianna Shigo

Century 21 Affiliated License #02166372

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,576

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Planned Development

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 15015
  • Assessor Parcel Number 93449552
  • $494 per year additional tax assessments

Community Details

Overview

  • 362 Units
  • Altura Association, Phone Number (800) 369-7260

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,576

Year Built

Built in 1998

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Altera
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93449552
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 950.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 597.37
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, 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, Playground
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Altura
  • Phone: 8003697260
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Altura

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 362
  • Number Of Units Total: 362

Tax Info

  • Tax Census Tract: 218.21
  • Tax Lot: 10
  • Tax Tract Number: 15015
  • TaxOtherAnnualAssessmentAmount: 494.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Sep 12, 2022
Sold by
2014 Cathy Kum Kim Trust
Bought by
Rose Lisa A and Rose Tyson M
Seller's Agent
Katherine Chung
Advocates Realty Group, Inc.
Buyer's Agent
Brianna Shigo
Century 21 Affiliated
List Price
$560,000
Sold Price
$567,500
Premium/Discount to List
$7,500
1.34%
Views
43
Current Estimated Value
$638,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,526
Avg. Annual Appreciation
3.97%
Original Mortgage
$454,000
Outstanding Balance
$435,874
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$202,152

Purchase Details

Closed on
Apr 2, 2014
Sold by
Kim Cathy Kum
Bought by
Kim Cathy Kum and 2014 Cathy Kum Kim Trust

Purchase Details

Closed on
Dec 22, 2004
Sold by
Green Arthur
Bought by
Kim Kwan and Kim Cathy Kum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Anderson Michael and Anderson Olga
Bought by
Green Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.75%

Purchase Details

Closed on
May 4, 2000
Sold by
Dbp Management Ltd Llc
Bought by
Anderson Michael and Anderson Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1999
Sold by
Anderson William Benedict and Anderson Dale Irene
Bought by
Dbp Management Ltd Llc

Purchase Details

Closed on
Oct 23, 1998
Sold by
Ridgegate Estates
Bought by
Anderson William Benedict and Anderson Dale Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,350
Interest Rate
6.6%
Source: Public Records

Range of Values:

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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
Rose Lisa A $567,500 Ticor Title
Kim Cathy Kum -- None Available
Kim Kwan $362,000 Southland Title Corporation
Green Arthur $240,000 Southland Title Corporation
Anderson Michael $155,000 Commonwealth Land Title
Dbp Management Ltd Llc -- --
Anderson William Benedict $128,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Lisa A $454,000
Previous Owner Kim Kwan $162,000
Previous Owner Green Arthur $189,000
Previous Owner Anderson Michael $150,350
Previous Owner Anderson William Benedict $102,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $567,500 +1.3% $597 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $560,000 -- $589 / 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 $6,576 $590,427 $457,538 $132,889
2024 $6,576 $578,850 $448,566 $130,284
2023 $6,468 $567,500 $439,770 $127,730
2022 $5,623 $475,485 $315,557 $159,928
2021 $5,532 $466,162 $309,369 $156,793
2020 $5,224 $432,000 $294,307 $137,693
2019 $5,139 $432,000 $294,307 $137,693
2018 $5,171 $432,000 $294,307 $137,693
2017 $4,899 $406,000 $279,319 $126,681
2016 $4,576 $377,000 $250,319 $126,681
2015 $4,366 $357,000 $230,319 $126,681
2014 $4,970 $334,875 $208,194 $126,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22189832

California Regional Multiple Listing Service (CRMLS)

APN: 934-495-52