NOT LISTED FOR SALE

318 La Floresta Dr Brea, CA 92823

Estimated Value: $1,801,000 - $1,864,425

4 Beds
3 Baths
2,712 Sq Ft
$673/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $1,600,000 $590 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,504/month

6 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Clubhouse
  • Olinda Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of August 2023

If you're looking for an OPEN FLOOR PLAN and MOVE-IN Condition, then look no further than this gorgeous home, Located in the Master-Planned Community of La Floresta! This Gorgeous & Standard Pacific home features 4 Beds plus Loft, and 3 Baths at approx 2,712 Sq. Ft. of living space, on the Corner Lot with a bigger backyard. You’ll be welcomed by a Spanish Romantic Architecture style home with stunning features that allow an elegant living space with a home sweet home feel; First thing, the Portico entry and soaring ceiling with oversized arched windows flood the Entry area with ample natural light.  And beautiful Tile floors on the main floor leading to the Great Room and Kitchen. And it creates a sophisticated, timeless style, and the perfect base for any décor. The GREAT ROOM takes you to the CALIFORNIA Room with a Fireplace, and MULTI-SLIDE DOORS create a sense of spaciousness; the Indoor-Outdoor CA Living life where you and your family/guests can dine together any night of the week!
The KITCHEN is highlighted by an OVERSIZED ISLAND which is perfect for casual dining or interaction with family/guests as you're cooking away. Upgraded stainless steel appliances, a HUGE walk-in pantry, and a spacious Dining area are also key points. A downstairs bedroom and bath work well for guests/an Office.
Upstairs is also sure to impress with features; Relax and recharge in your HUGE MASTER SUITE with a Spa-like Master bath with his and her Dual sinks, a luxurious Soaking tub & a large walk-in shower, and Dual walk-in closets.
LOFT (open BONUS ROOM) which could easily become your family's favorite location to host “movie night" if that's what you desire!
The other two bedrooms are more generous in size than most.
The laundry room has cabinets, a utility sink, and HUGE adjacent storage. The community offers Resort-Style living, with a Club House, Pool, Spa, Water Feature for Children, BBQ Dining Patios, walking trails, and Fire Pit & Meeting Rooms. Recently custom painted throughout the house.
Good news- you’re within walking distance to some of Brea's finest amenities which include Whole Foods, Mendocino Farms, Retail boutiques, and Dining opportunities. This home is ready for the next family to create new memories!

Last Agent to Sell the Property

Karen Shin

Coldwell Banker Best Realty License #01721241 Listed on: 07/12/2023

Coldwell Banker Best Realty

Last Buyer's Agent

Naresh Sakhrani

The IVRI Group, Inc. License #01885274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,442

Year Built

  • Built in 2014

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Density is 6-10 Units/Acre

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Modern Architecture
  • Planned Development

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room Balcony

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Fireplace in Patio
  • Open Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Olinda Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 17549
  • Assessor Parcel Number 32035441
  • $915 per year additional tax assessments

Community Details

Overview

  • La Floresta Association, Phone Number (800) 428-5588
  • First Service HOA

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,442

Year Built

Built in 2014

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 32035441
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2712.00 Square Feet
  • Interior Amenities: Built-in Features, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Vacuum Central
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Patio, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 589.97
  • Room Type: Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Patio Open, Rear Porch, Tile
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse, Meeting Room
  • Association Fee: 241.00
  • Association Fee Frequency: Monthly
  • Association Name: La Floresta
  • Phone: 800.428.5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: First Service

Schools

  • School District: Brea-Olinda Unified
  • Elementary School: Olinda
  • Middle School: Brea
  • High School: Brea Olinda
  • Elementary School: Olinda
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: OLINDA
  • High School2: BREOLI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000
  • Latitude Manual: 33.91162300

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 Census Tract: 218.31
  • Tax Lot: 48
  • Tax Tract Number: 17549
  • TaxOtherAnnualAssessmentAmount: 915.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 9, 2023
Sold by
Kim Michael M and Kim Erie A
Seller's Agent
Karen Shin
Coldwell Banker Best Realty
Buyer's Agent
Naresh Sakhrani
The IVRI Group, Inc.
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%
Views
58
Current Estimated Value
$1,776,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,288
Avg. Annual Appreciation
5.62%
Original Mortgage
$960,000
Outstanding Balance
$942,424
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$844,449

Purchase Details

Listed on
Aug 28, 2015
Closed on
Sep 14, 2015
Sold by
Wu Kuo Shu
Bought by
Kim Michael M and Kim Erie A
Seller's Agent
Cathy Cheng
CC Royal Realty
Buyer's Agent
Karen Shin
Coldwell Banker Best Realty
List Price
$999,999
Sold Price
$970,000
Premium/Discount to List
-$29,999
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2014
Sold by
Standard Pacific Corp
Bought by
Wu Kuo Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,600
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
-- $1,600,000 Lawyers Title
-- -- Lawyers Title
Kim Michael M $970,000 Title 365
Wu Kuo Shu $936,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $960,000
Previous Owner Kim Michael M $304,600
Previous Owner Kim Michael M $200,000
Previous Owner Wu Kuo Shu $561,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $1,600,000 +8.5% $590 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $1,475,000 +52.1% $544 / Sq Ft
10/15/2015 10/15/15 Sold $970,000 -3.0% $371 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $999,999 -- $382 / 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 $18,442 $1,632,000 $1,114,368 $517,632
2024 $18,442 $1,600,000 $1,092,517 $507,483
2023 $12,874 $1,103,692 $660,701 $442,991
2022 $12,745 $1,082,051 $647,746 $434,305
2021 $12,471 $1,060,835 $635,045 $425,790
2020 $12,387 $1,049,958 $628,533 $421,425
2019 $12,128 $1,029,371 $616,209 $413,162
2018 $11,942 $1,009,188 $604,127 $405,061
2017 $11,713 $989,400 $592,281 $397,119
2016 $11,478 $970,000 $580,667 $389,333
2015 $11,180 $936,029 $546,696 $389,333
2014 $1,055 $95,560 $95,560 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23122375

California Regional Multiple Listing Service (CRMLS)

APN: 320-354-41