NOT LISTED FOR SALE

2401 Sommerset Dr Brea, CA 92821

Estimated Value: $881,000 - $945,000

3 Beds
2.5 Baths
1,578 Sq Ft
$583/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $640,000 $406 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,783/month

47 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • View of Catalina
  • Brea Country Hills Elementary School Rated A
  • No Units Above
  • Primary Bedroom Suite

About This Home

As of March 2020

Hello Gorgeous! One of the best views in Brea you'll see! Range priced to sell at $630,000 to $680,000 * Immaculately cared-for and thoughtfully -updated and remodeled throughout this 3 bedroom home is on one level and 3 car wide garage is directly below * Enter into a home with great natural light, upgraded windows, upgraded flooring, fresh paint * Adjacent to formal living and dining rooms with vaulted ceilings are the remodeled kitchen with glass front cabinets, granite counters, upgraded stainless appliances AND WOW!! LOOK AT THAT VIEW! Sliding door leads to balcony to take in views of blue skies, white puffy clouds, and best of all nightly colorful sunsets from. Imagine gatherings in the elegant living room with fireplace, sliding door opens to deck, and look at that view again! Master suite was just remodeled with Canadian maple hardwood floors, CHECK OUT THAT CLOSET! Master bathroom with crema martial marble floors, gorgeous vanity with marble counter and mosaic back splash up to ceiling. Custom tiled tub/shower with enclosure. Two more secondary bedrooms with carpet and full bath in hallway for guests - remodeled with granite vanity and updated shower/tub. Full sized laundry rm has steps leading down to 3 car wide garage with epoxy coating and a half bath. Another feature of this beautiful home is the full length driveway.  The community pool and spa are just a few steps away. This community is gated and central to Brea Mall, shops, restaurants, schools.

Last Agent to Sell the Property

Stefanie Leal

Coldwell Banker Realty License #01184099 Listed on: 01/03/2020

Coldwell Banker Realty

Co-Listed By

Laura Hamann

Coldwell Banker Realty License #02076150

Last Buyer's Agent

Jenny Bae

New Star Realty & Investment License #01958689

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 2,397 Sq Ft Lot
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Rural Setting
  • Density is up to 1 Unit/Acre

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Catalina
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Country Hills Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 9577
  • Assessor Parcel Number 32028306

Community Details

Overview

  • Sommerset Association, Phone Number (949) 225-0200
  • Millennium Community Management HOA
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Gated Community
  • Subdivision Name Other: Sommerset (SOMH)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 32028306
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1578.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 405.58
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Spa Features: Association, Community
  • Window Features: Bay Window(s), Blinds, Custom Covering, Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Hills, Neighborhood
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Maintenance Grounds
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Sommerset
  • Phone: 949-225-0200
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Hiking, Rural, Sidewalks, Street Lights
  • Association Management: Millennium Community Management

Schools

  • Elementary School: Country Hills
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: COUHIL
  • High School2: BREOLI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2397.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2397.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.15
  • Tax Lot: 78
  • Tax Tract Number: 9577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 21, 2020
Sold by
Yi Gia Kim
Bought by
Kim Kwang Y and Kim Kyung S
Seller's Agent
Stefanie Leal
Coldwell Banker Realty
Buyer's Agent
Jenny Bae
New Star Realty & Investment
List Price
$680,000
Sold Price
$640,000
Premium/Discount to List
-$40,000
-5.88%
Current Estimated Value
$920,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,519
Avg. Annual Appreciation
6.38%
Original Mortgage
$320,000
Outstanding Balance
$282,795
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$637,724

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 19, 2016
Sold by
Yi Sung C
Bought by
Yi Gia Kim
Seller's Agent
Cynthia Conmay
RE/MAX of Santa Clarita
Buyer's Agent
Paul Shin
No Firm Affiliation
List Price
$587,000
Sold Price
$587,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$424,100
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 8, 2016
Sold by
Fotheringham Mark A and Fotheringham Mary K
Bought by
Yi Gia Kim
Seller's Agent
Cynthia Conmay
RE/MAX of Santa Clarita
Buyer's Agent
Paul Shin
No Firm Affiliation
List Price
$587,000
Sold Price
$587,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2009
Sold by
Fotheringham Mark A and Fotheringham Mary K
Bought by
Fotheringham Mark A and Fotheringham Mary K

Purchase Details

Closed on
Nov 12, 2004
Sold by
Landamerica Onestop Inc
Bought by
Fotheringham Mark and Fotheringham Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
3.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 16, 2004
Sold by
Wilson James E and Wilson Annette P
Bought by
Landamerica Onestop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
3.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 12, 2003
Sold by
Handy Laela Eugenie
Bought by
Wilson James E and Wilson Annette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2000
Sold by
Laela Handy
Bought by
Handy Lacia Eugenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,150
Interest Rate
7.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 24, 1997
Sold by
Eugenie Handy Laela
Bought by
Handy Laela and Laela Handy 1997 Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Kwang Y $640,000 Fidelity Natl Ttl Orange Cnt
Yi Gia Kim -- Ticor Title Co
Yi Gia Kim $587,000 Ticor Title Company
Fotheringham Mark A -- None Available
Fotheringham Mark $504,000 --
Landamerica Onestop Inc -- --
Wilson James E $438,500 --
Handy Lacia Eugenie -- South Coast Title
Handy Laela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Kwang Y $320,000
Previous Owner Yi Gia Kim $424,100
Previous Owner Fotheringham Mark $320,400
Previous Owner Wilson James E $318,500
Previous Owner Handy Lacia Eugenie $61,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $640,000 -5.9% $406 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $680,000 +15.8% $431 / Sq Ft
01/20/2017 01/20/17 Sold $587,000 0.0% $372 / Sq Ft View Prior Sale
12/03/2016 12/03/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $587,000 -- $372 / 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 $7,836 $699,932 $535,059 $164,873
2024 $7,836 $686,208 $524,567 $161,641
2023 $7,619 $672,753 $514,281 $158,472
2022 $7,548 $659,562 $504,197 $155,365
2021 $7,405 $646,630 $494,311 $152,319
2020 $7,167 $622,928 $481,790 $141,138
2019 $6,972 $610,714 $472,343 $138,371
2018 $6,867 $598,740 $463,082 $135,658
2017 $5,697 $492,660 $359,435 $133,225
2016 $5,583 $483,000 $352,387 $130,613
2015 $5,585 $483,000 $352,387 $130,613
2014 $4,511 $390,000 $259,387 $130,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20001333

California Regional Multiple Listing Service (CRMLS)

APN: 320-283-06