NOT LISTED FOR SALE

255 Verbena Ln Brea, CA 92823

Estimated Value: $1,457,000 - $1,642,000

4 Beds
3 Baths
2,397 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $765,000 $319 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,882/month

83 Days on Market

Highlights

  • Wine Cellar
  • RV Access or Parking
  • Panoramic View
  • Olinda Elementary School Rated A
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of March 2016

Mid-Century Modern beauty in one of the most unique neighborhoods in So. California. Nestled in Olinda Village stands this highly updated 4 bedroom, 3 bath home. A quiet, ultra-private lifestyle awaits you with panoramic views of the countryside and hiking/mountain biking trails within the Chino Hills State Preserve just steps from your door, while maintaining a short drive to the heart of Brea and its modern conveniences. Olinda is a tight-knit community with a family friendly appeal, and it has a local restaurant within walking distance, not to mention access to award-winning Brea Schools. This cul-de-sac home has been recently upgraded. It has 4 large bedrooms, including two master suites. The remodeled kitchen has granite counters, newer cabinets, stainless appliances, and access to a scenic balcony. The living room and separate dining room have fireplaces. Downstairs is a large room with its own bathroom that can be used as the second master suite, a family/bonus room, or mother-in-law quarters. Other features include inside laundry on the main floor, over-sized 2 car garage, and a huge lot with opportunities to expand and create even more outdoor living spaces. Can't decide between the country or the city? How about both? Make this one yours today!

Last Agent to Sell the Property

Jonathan Pearson

Redfin Corporation License #01494751 Listed on: 11/25/2015

Redfin Corporation

Co-Listed By

Thomas Higgins

Redfin Corporation License #01456745

Last Buyer's Agent

Alice Chu

High Ten Partners, Inc. License #01001569

High Ten Partners, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.63 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Side Facing Garage
  • Lot Has A Rolling Slope
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • Woods
  • Hills
  • Valley

Home Design

  • Custom Home
  • Modern Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Combination Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Bonus Room
  • Workshop
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Converted Bedroom
  • Maid or Guest Quarters

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 4828
  • Assessor Parcel Number 31503203

Home Details

Home Type

Single Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Custom Built, Modern
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 31503203
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2397.00
  • Interior Amenities: Balcony, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 319.15
  • Room Type: Bonus Room, Converted Bedroom, Den, Family Room, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters, Wine Cellar, Workshop

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Combination
  • View: Hills, Panoramic, Trees/Woods, Valley
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Oversized, RV Potential, RV Access/Parking, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Rural

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Lot 20000-39999 Sqft, Paved, Rolling Slope, Sprinkler System, Up Slope from Street, Yard
  • Lot Size Sq Ft: 27600.00
  • Price Per Lot Square Foot: 27.72
  • Lot Size Acres: 0.6340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27600.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 81
  • Tax Tract Number: 4828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Yang Yaxi and Pu Juan
Bought by
Shen Edric Hanping and Yang Yaxi
Current Estimated Value
$1,550,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$307,522
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,243,309

Purchase Details

Listed on
Nov 25, 2015
Closed on
Mar 3, 2016
Sold by
Freeman Joshua S and Freeman Heather N
Bought by
Yang Yaxi and Pu Juan
Seller's Agent
Jonathan Pearson
Redfin Corporation
Buyer's Agent
Alice Chu
High Ten Partners, Inc.
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$365,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 25, 2015
Closed on
Feb 24, 2016
Sold by
Yang Jimin
Bought by
Pu Juan
Seller's Agent
Jonathan Pearson
Redfin Corporation
Buyer's Agent
Alice Chu
High Ten Partners, Inc.
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2013
Sold by
Freeman Joshua S and Freeman Heather N
Bought by
Freeman Joshua S and Freeman Heather N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Freeman Joshua S and Freeman Heather N
Bought by
Freeman Joshua S and Freeman Heather N

Purchase Details

Closed on
Mar 7, 2006
Sold by
Select Developers Llc
Bought by
Freeman Joshua S and Freeman Heather N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 2005
Sold by
Tjalsma Elaine Lydia
Bought by
Limon David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2000
Sold by
Lydia Tjalsma Elaine
Bought by
Tjalsma Elaine Lydia and Elaine Lydia Tjalsma Revocable Living Tr
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
Shen Edric Hanping -- North American Title
Yang Yaxi $765,000 Ticor Title Co
Pu Juan -- Ticor Title Co
Yang Yaxi -- Ticor Title Co
Freeman Joshua S -- None Available
Freeman Joshua S -- First American Title Ofs
Freeman Joshua S -- None Available
Freeman Joshua S $795,000 Investors Title Company
Select Developers Llc -- Investors Title Company
Limon David O $655,000 Southland Title
Tjalsma Elaine Lydia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Edric Hanping $350,000
Closed Yang Yaxi $365,000
Previous Owner Freeman Joshua S $435,000
Previous Owner Freeman Joshua S $450,000
Previous Owner Limon David O $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $765,000 -1.3% $319 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/23/2016 01/23/16 Price Changed $775,000 -2.5% $323 / Sq Ft
11/25/2015 11/25/15 For Sale $795,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,752 $905,601 $728,661 $176,940
2024 $9,752 $887,845 $714,374 $173,471
2023 $9,488 $870,437 $700,367 $170,070
2022 $9,411 $853,370 $686,634 $166,736
2021 $9,231 $836,638 $673,171 $163,467
2020 $9,173 $828,060 $666,269 $161,791
2019 $8,913 $811,824 $653,205 $158,619
2018 $8,778 $795,906 $640,397 $155,509
2017 $8,610 $780,300 $627,840 $152,460
2016 $8,844 $802,047 $631,981 $170,066
2015 $8,723 $790,000 $622,488 $167,512
2014 $7,849 $718,000 $550,488 $167,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15252969

California Regional Multiple Listing Service (CRMLS)

APN: 315-032-03