NOT LISTED FOR SALE

322 Terrazo Dr Brea, CA 92823

Estimated Value: $1,454,522 - $1,549,000

2 Beds
2 Baths
2,216 Sq Ft
$682/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,275,000 $575 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,717/month

25 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • Active Adult
  • Gated Community
  • Clubhouse

About This Home

As of July 2022

Welcome to Buena Vida's LUXURY 55+ Living at La Floresta! This beautiful single story home features 2 bedrooms, 2 bathrooms, and an additional oversized room! The open floor plan, plantation shutters, recessed lighting, and upgrades throughout make this the a coveted home for all. Beginning first with the most eye-opening: The large kitchen area greets you with a large center island, with its distinguishable granite counter tops, in addition to its stainless steel appliances, walk-in pantry, and plentiful cabinetry. Next to the kitchen is the spacious living room with sliding door access to the backyard. Once outside, you are greeted by a covered patio and greenery, making it perfect for entertaining guests or a moment of solitude. Master bathroom with private toilet, large walk-in closet, additional storage, shower, and double sink bathroom vanity. Past the master bathroom is the master bedroom. Next is the formal dining room which one can easily make their home office, theatre room or a possible third bedroom! A feature one should not miss is the laundry room with extra storage spaces and direct access to the 2-car garage, and finishing with the secondary bedroom and bathroom. Outdoor amenities include a pool, BBQ area, clubhouse, fire pit, and an expansive 2 mile walking path. Being walking distance from the shopping center, Village at La Floresta, this is a wonderful home you do not want to miss!

Last Agent to Sell the Property

gary herrera

Century 21 Allstars License #01347208 Listed on: 04/30/2022

Century 21 Allstars

Last Buyer's Agent

Hayden Herrera

Centerpointe Real Estate License #02130218

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 5,030 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front Yard

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway
  • Guest Parking

Home Design

  • Modern Architecture
  • Patio Home
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,216 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Roller Shields
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 93
  • Tax Tract Number 17160
  • Assessor Parcel Number 32038131
  • $868 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Buena Vida Association, Phone Number (949) 218-9970
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Buena Vida
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 32038131
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2216.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen, In Living Room
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 575.36
  • Room Type: All Bedrooms Down, Bonus Room, Den, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Plantation Shutters, Roller Shields
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Quartz Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Covered, Patio, Patio Open, Tile
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Clubhouse
  • Association Fee: 303.00
  • Association Fee Frequency: Monthly
  • Association Name: Buena Vida
  • Phone: 9492189970
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Foothills, Hiking, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: Buena Vida

Schools

  • Elementary School: Olinda
  • High School: Brea
  • Middle Or Junior School: Brea
  • Elementary School #2: OLINDA
  • High School2: BREA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Patio Home
  • Lot Size Sq Ft: 5030.00
  • Lot Size Acres: 0.1155

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5030.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.31
  • Tax Lot: 93
  • Tax Tract Number: 17160
  • TaxOtherAnnualAssessmentAmount: 868.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 9, 2022
Sold by
Osama Lutfi
Bought by
Paul Trust
Seller's Agent
gary herrera
Century 21 Allstars
Buyer's Agent
Hayden Herrera
Centerpointe Real Estate
List Price
$1,275,000
Sold Price
$1,275,000
Current Estimated Value
$1,510,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,881
Avg. Annual Appreciation
5.00%

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 29, 2016
Sold by
Lutfi Jennifer
Bought by
Lutfi Osama
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Derek Oie
KW VISION
List Price
$968,772
Sold Price
$900,000
Premium/Discount to List
-$68,772
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 3, 2016
Sold by
Pulte Home Corporation
Bought by
Lutfi Osama and Lutfi Florence
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Derek Oie
KW VISION
List Price
$968,772
Sold Price
$900,000
Premium/Discount to List
-$68,772
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Paul Trust $1,275,000 Lawyers Title
Lutfi Osama -- First American Title Company
Lutfi Osama $900,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutfi Osama $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2022 07/08/22 Sold $1,275,000 0.0% $575 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $1,275,000 +41.7% $575 / Sq Ft
12/30/2016 12/30/16 Sold $900,000 -2.2% $406 / Sq Ft View Prior Sale
12/07/2016 12/07/16 Pending -- -- --
12/07/2016 12/07/16 Price Changed $919,990 -0.6% $415 / Sq Ft
10/27/2016 10/27/16 Price Changed $925,990 -0.4% $418 / Sq Ft
10/24/2016 10/24/16 Price Changed $929,990 -1.5% $420 / Sq Ft
10/08/2016 10/08/16 Price Changed $943,990 -2.6% $426 / Sq Ft
09/14/2016 09/14/16 For Sale $968,772 -- $437 / 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 $5,981 $472,343 $75,470 $396,873
2024 $5,981 $463,082 $73,990 $389,092
2023 $5,808 $454,002 $72,539 $381,463
2022 $11,746 $984,280 $576,248 $408,032
2021 $11,492 $964,981 $564,949 $400,032
2020 $11,416 $955,087 $559,156 $395,931
2019 $11,186 $936,360 $548,192 $388,168
2018 $10,457 $918,000 $537,443 $380,557
2017 $10,259 $900,000 $526,904 $373,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22089283

California Regional Multiple Listing Service (CRMLS)

APN: 320-381-31