NOT LISTED FOR SALE

26981 Avenida Las Palmas Capistrano Beach, CA 92624

Estimated Value: $1,303,825 - $1,535,000

3 Beds
2 Baths
1,234 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $625,000 $506 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,192/month

11 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Wood Flooring
  • Palisades Elementary School Rated A
  • Open Floorplan
  • Stone Countertops

About This Home

As of August 2015

Welcome home to The Palisades in Capistrano Beach (the beach side of I-5 freeway), and enjoy the sea breeze. This gorgeous one-story, single family home boasts a peek-a-boo ocean view, and is just a leisurely stroll away from the beach and Pines Park.

This California bungalow has a brand new roof, and is tastefully renovated. Spa inspired bathrooms, designer paint, ultra modern gray laminate wood floors, textured Berber carpets, sparkle Quartz counter tops, soft close kitchen cabinets, stainless steel appliances, beaded panel doors, and recessed lights, are some of the newly appointed features. Other newer upgrades include energy efficient dual pane windows and patio doors.

This is a must see property. The gated extra long driveway doubles as a spacious side yard, that is perfect for family fun or entertaining. Truly a home where the So-Cal dream life happens.

Last Agent to Sell the Property

Joyce Wu

HomeSmart, Evergreen Realty License #01924405 Listed on: 06/26/2015

HomeSmart, Evergreen Realty

Last Buyer's Agent

Joyce Wu

HomeSmart, Evergreen Realty License #01924405 Listed on: 06/26/2015

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,494

Year Built

  • Built in 1962

Lot Details

  • 4,356

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Bungalow
  • Wood Product Walls
  • Asphalt Roof

Interior Spaces

  • 1,234 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Central Water Heater

Additional Features

  • Concrete Porch or Patio
  • 4,356 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 883
  • Assessor Parcel Number 69120202

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,494

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Palisades (PS)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 69120202
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00
  • Interior Amenities: Open Floorplan, Recessed Lighting, Stone Counters, Wood Product Walls
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 506.48
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Ocean, Peek-A-Boo
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 4356.00
  • Price Per Lot Square Foot: 143.48
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jul 9, 2015
Sold by
Wu Changhung and Chang David S
Bought by
Moneymaker Ann Marie
Seller's Agent
Joyce Wu
HomeSmart, Evergreen Realty
Buyer's Agent
Joyce Wu
HomeSmart, Evergreen Realty
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Current Estimated Value
$1,397,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,956
Avg. Annual Appreciation
8.19%
Original Mortgage
$500,000
Outstanding Balance
$391,498
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,006,458

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 6, 2015
Sold by
Wu Chining
Bought by
Wu Changhung
Seller's Agent
Dennis Grimes
Dennis Grimes, Broker
Buyer's Agent
Dennis Grimes
Dennis Grimes, Broker
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.11%

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 5, 2015
Sold by
Shaw Rorey W and Shaw Kendra R
Bought by
Wu Changhung and Chang David S
Seller's Agent
Dennis Grimes
Dennis Grimes, Broker
Buyer's Agent
Dennis Grimes
Dennis Grimes, Broker
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Purchase Details

Closed on
Jun 18, 2003
Sold by
Johnson Glave Rosalie
Bought by
Shaw Rorey W and Shaw Kendra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Albert Sheffer and Albert Ruth
Bought by
Shaw Rorey W and Shaw Kendra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,960
Interest Rate
6.25%

Purchase Details

Closed on
Feb 8, 1995
Sold by
Bagdadi Henri and Bagdadi Phyllis
Bought by
Bagdadi Henri and Bagdadi Phyllis
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
Moneymaker Ann Marie $625,000 Title365
Wu Changhung -- Title365
Wu Changhung $450,000 Title 365
Chang David S -- Title365
Shaw Rorey W -- Orange Coast Title
Shaw Rorey W $280,000 Fidelity National Title Ins
Bagdadi Henri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moneymaker Ann Marie $500,000
Previous Owner Shaw Rorey W $315,000
Previous Owner Shaw Rorey W $281,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2015 08/07/15 Sold $625,000 +4.2% $506 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $599,900 +33.3% $486 / Sq Ft
05/08/2015 05/08/15 Sold $450,000 -4.3% $361 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $470,000 0.0% $377 / Sq Ft
04/15/2015 04/15/15 Price Changed $470,000 -1.1% $377 / Sq Ft
04/09/2015 04/09/15 Price Changed $475,000 +5.6% $381 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
10/01/2014 10/01/14 Off Market $450,000 -- --
08/30/2014 08/30/14 Price Changed $575,000 -8.0% $461 / Sq Ft
08/27/2014 08/27/14 Price Changed $625,000 -8.0% $501 / Sq Ft
07/16/2014 07/16/14 Price Changed $679,000 -6.9% $545 / Sq Ft
06/26/2014 06/26/14 For Sale $729,000 -- $585 / 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 $10,494 $739,870 $627,272 $112,598
2024 $10,494 $725,363 $614,972 $110,391
2023 $9,748 $711,141 $602,914 $108,227
2022 $9,312 $697,198 $591,093 $106,105
2021 $8,688 $683,528 $579,503 $104,025
2020 $8,221 $676,520 $573,561 $102,959
2019 $8,002 $663,255 $562,314 $100,941
2018 $7,860 $650,250 $551,288 $98,962
2017 $7,590 $637,500 $540,478 $97,022
2016 $7,549 $625,000 $529,880 $95,120
2015 $4,630 $389,396 $327,841 $61,555
2014 $4,554 $381,769 $321,419 $60,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15138780

California Regional Multiple Listing Service (CRMLS)

APN: 691-202-02