NOT LISTED FOR SALE

359 Molokai Dr Placentia, CA 92870

Estimated Value: $646,000 - $678,000

2 Beds
2.5 Baths
1,300 Sq Ft
$335/mo HOA Fee

Last Sold December 10, 2021

Last sale price $570,000 $438 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,341/month

36 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a creek
  • Creek or Stream View
  • Morse Avenue Elementary School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of December 2021

A must-see highly desirable townhome in the gated Placentia Lakes. Two story townhouse in a resort-like community that features streams, fountains, pools, spas and tennis courts. This home features an open floorplan with plenty of natural lighting, wood like tile flooring on the lower level and all bathrooms, ALL NEW carpet upstairs, cathedral ceilings, freshly painted, cozy fireplace in the spacious living room. The updated kitchen with ample storage a great garden window, gas stove, microwave, recessed lighting, newer cabinets and granite countertop. The main living area downstairs has direct access, beautiful sliding doors, to the patio which includes a view of a stream and lush landscaping that runs throughout the community. The laundry room with shelving for storage is in a closet off the patio. Upstairs the master bedroom includes cathedral ceilings, beautifully updated bathroom with vanity area, skylight and large walk in closet. Don't forget the great "barn doors" that separate the bedroom from the bathroom! The secondary bedroom is of good size with a spacious closet. The upstairs hall bathroom is also updated, with step in tub and shower. Enjoy the amazing amenities, 2 pools, 2 spas, tennis courts, walking paths and bridges. A short walk to your shared garage with storage cabinet ( you can only park 1 car ) and ample guest parking. Close to shopping, dining, Cal State University Fullerton, transportation and freeways! This is one you don't want to miss!

Last Agent to Sell the Property

Cathy Rhoades

BHHS CA Properties License #01436181 Listed on: 09/23/2021

BHHS CA Properties

Co-Listed By

Amy Fernandez

BHHS CA Properties License #02028246

Last Buyer's Agent

Andrea Conner

Century 21 Discovery License #01875469

Century 21 Discovery

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Home fronts a creek
  • Home fronts a pond
  • Two or More Common Walls

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Off-Site Parking

Property Views

  • Creek or Stream
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Blinds
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Living Room Balcony

Schools

  • Morse Elementary School
  • Kraemer Middle School
  • Valencia High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 226
  • Tax Tract Number 9961
  • Assessor Parcel Number 34031753
  • $386 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Placentia Lakes Association, Phone Number (949) 450-0202
  • Placentia Lakes I Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Refrigerator and wicker furniture on downstairs patio.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Placentia Lakes I (PLL1)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 34031753
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Crown Molding, Granite Counters, Living Room Balcony, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 438.46
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Bay Window(s), Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Creek/Stream, Neighborhood
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Off Site, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse, Trash
  • Association Fee: 335.00
  • Association Fee Frequency: Monthly
  • Association Name: Placentia Lakes
  • Phone: 9494500202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Storm Drains
  • Association Management: Placentia Lakes

Schools

  • Elementary School: Morse
  • High School: Valencia
  • Middle Or Junior School: Kraemer
  • Elementary School #2: MORSE
  • High School2: VALENC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 784.00
  • Lot Size Acres: 0.0180

Multi Family

  • Lease Considered: No
  • Lot Size Area: 784.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1
  • Waterfront Features: Creek, Pond

Tax Info

  • Tax Census Tract: 117.21
  • Tax Lot: 226
  • Tax Tract Number: 9961
  • TaxOtherAnnualAssessmentAmount: 386.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 1, 2021
Sold by
Payne Amanda Marie
Bought by
Sellers Joshua and Sellers Tesla
Seller's Agent
Cathy Rhoades
BHHS CA Properties
Buyer's Agent
Andrea Conner
Century 21 Discovery
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Current Estimated Value
$659,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,418
Avg. Annual Appreciation
3.62%
Original Mortgage
$570,000
Outstanding Balance
$519,062
Interest Rate
3.14%
Mortgage Type
VA
Estimated Equity
$140,356

Purchase Details

Closed on
Nov 8, 2010
Sold by
Vessey Matthew and Vessey Lindsay
Bought by
Payne Amanda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Russell Christi
Bought by
Vessey Matthew and Vessey Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Russell Dave Brian
Bought by
Russell Cristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2004
Sold by
Garcia Pete
Bought by
Russell Cristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2000
Sold by
Disomma James A
Bought by
Garcia Pete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,618
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 1998
Sold by
Federal National Mortgage Association
Bought by
Disomma James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,780
Interest Rate
7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 1998
Sold by
Lee Marcia F
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
Sellers Joshua $570,000 First American Title
Payne Amanda Marie $250,000 Fidelity National Title San
Vessey Matthew $440,000 Orange Coast Title
Russell Cristi -- Fidelity National Title
Russell Cristi $348,000 Fidelity National Title
Garcia Pete $167,000 Old Republic Title
Disomma James A $139,000 Fidelity National Title Ins
Federal National Mortgage Association $129,766 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Joshua $570,000
Previous Owner Payne Amanda Marie $200,000
Previous Owner Vessey Matthew $352,000
Previous Owner Russell Cristi $278,400
Previous Owner Garcia Pete $167,618
Previous Owner Disomma James A $141,780
Closed Garcia Pete $8,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $570,000 +3.7% $438 / Sq Ft
09/23/2021 09/23/21 For Sale $549,900 -- $423 / 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 $6,696 $604,888 $493,095 $111,793
2024 $6,696 $593,028 $483,427 $109,601
2023 $6,586 $581,400 $473,948 $107,452
2022 $6,538 $570,000 $464,654 $105,346
2021 $3,588 $295,899 $183,924 $111,975
2020 $3,595 $292,865 $182,038 $110,827
2019 $3,476 $287,123 $178,469 $108,654
2018 $3,434 $281,494 $174,970 $106,524
2017 $3,380 $275,975 $171,539 $104,436
2016 $3,314 $270,564 $168,175 $102,389
2015 $3,274 $266,500 $165,648 $100,852
2014 $3,179 $261,280 $162,403 $98,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21202899

California Regional Multiple Listing Service (CRMLS)

APN: 340-317-53