NOT LISTED FOR SALE

232 Draft Way Placentia, CA 92870

Estimated Value: $604,000 - $709,000

2 Beds
2 Baths
1,072 Sq Ft
$245/mo HOA Fee

Last Sold July 18, 2012

Last sale price $265,000 $247 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,219/month

10 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Van Buren Elementary School Rated A
  • Two Primary Bedrooms
  • Modern Architecture

About This Home

As of July 2012

Desirable location in beautiful community, End unit near guest parking as well as direct garage access, lots of windows make the property light and bright, Master suite with walk-in closet and dual sinks, Second master bedroom has full bath, cute kitchen overlooking the living room, fireplace in living room, Balcony off dining area, Association has gated pool/spa/club house, Laundry hook ups in garage.

Last Agent to Sell the Property

Linda Pak

New Star Realty & Investment License #01024719 Listed on: 06/07/2012

Last Buyer's Agent

Sharon Austin

Re/Max Premier Realty License #01199840

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Living Room
  • Carpet
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 15015
  • Assessor Parcel Number 93449558

Community Details

Overview

  • 200 Units
  • Association Phone (949) 768-7261

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$245 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alta Placentia
  • View: No
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93449558
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1072.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 247.20
  • Room Type: Living Room, Two Masters
  • Spa Features: Association

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 245.00
  • Association Fee Frequency: Monthly
  • Phone: 949-768-7261
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 200

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 15015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Summo Family Trust
Bought by
Summo Allison and Delgado Dustin
Current Estimated Value
$651,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$170,747
Interest Rate
6.69%
Mortgage Type
Seller Take Back
Estimated Equity
$480,897

Purchase Details

Closed on
May 28, 2013
Sold by
Summo John P and Summo Carol
Bought by
Summo John P and Summo Carol J

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jun 19, 2012
Sold by
Kim Kwan and Kim Cathy Kum
Bought by
Summo John P and Summo Carol
Seller's Agent
Linda Pak
New Star Realty & Investment
Buyer's Agent
Sharon Austin
Re/Max Premier Realty
List Price
$274,000
Sold Price
$265,000
Premium/Discount to List
-$9,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$183,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Morency June
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
$178,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Levinson Irina
Bought by
Morency June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2000
Sold by
Becker Denese Elaine
Bought by
Levinson Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Ridgegate Estates
Bought by
Becker Denese Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,800
Interest Rate
6.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Summo Allison $265,000 Lawyers Title Company
Summo John P -- None Available
Summo John P $265,000 Chicago Title Company
Kim Kwan $378,500 Fidelity National Title Co
Morency June $317,000 Landwood Title Company
Levinson Irina $177,500 --
Becker Denese Elaine $130,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summo Allison $175,000
Previous Owner Summo John P $183,000
Previous Owner Kim Kwan $178,500
Previous Owner Morency June $253,600
Previous Owner Levinson Irina $142,000
Previous Owner Becker Denese Elaine $123,800
Closed Morency June $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2012 07/18/12 Sold $265,000 -3.3% $247 / Sq Ft
06/07/2012 06/07/12 For Sale $274,000 -- $256 / 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 $6,715 $596,700 $452,637 $144,063
2024 $6,715 $585,000 $443,761 $141,239
2023 $3,844 $313,652 $182,621 $131,031
2022 $3,812 $307,502 $179,040 $128,462
2021 $3,752 $301,473 $175,529 $125,944
2020 $3,760 $298,382 $173,729 $124,653
2019 $3,638 $292,532 $170,323 $122,209
2018 $3,596 $286,797 $166,984 $119,813
2017 $3,541 $281,174 $163,710 $117,464
2016 $3,474 $275,661 $160,500 $115,161
2015 $3,433 $271,521 $158,089 $113,432
2014 $4,229 $266,203 $154,992 $111,211
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Pak

    New Star Realty & Investment

  • S

    Buyer's Agent in 2012

    Sharon Austin

    RE/MAX

  • Donna Gillespie

    Buyer Co-Listing Agent in 2012

    Donna Gillespie

    RE/MAX Premier Realty

    (949) 726-5633

    2 Total Sales

    Donna Gillespie
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P825228

California Regional Multiple Listing Service (CRMLS)

APN: 934-495-58

California Orange County Placentia 92870

232 Draft Way, Placentia, CA

Not Listed for Sale

Condos

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