NOT LISTED FOR SALE

403 Mallorca Ln Brea, CA 92823

Estimated Value: $745,000 - $890,000

2 Beds
2 Baths
1,046 Sq Ft
2015 Built

Last Sold October 28, 2022

Last sale price $635,000 $607 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,800/month

Highlights

  • Spa
  • Primary Bedroom Suite
  • Granite Countertops
  • Olinda Elementary School Rated A
  • Open Floorplan
  • Neighborhood Views

About This Home

As of January 2024

Beautiful TURNKEY condo located in the highly desirable community of La Floresta. Built in 2015, this home boasts upgrades at every turn! 1046 square feet of living space with 2 Bedrooms and 2 Bathrooms, this home offers a wonderful floorplan with plenty of room to entertain. Entering the home you are welcomed by Custome tile flooring, great open floor plan concept. Large dual paned windows throughout the home with Custom plantation shutters throughout the home, bring not only plenty of natural light but also open up to great views of the community! Dark wood kitchen cabinetry, Granite countertops, a large center island with seating, NEWER stainless steel appliances, Large Pantry and recessed lighting. Located off the living and dining rooms is a spacious balcony/patio area to enjoy. There are two Bedrooms, the Master Suite has a Large Walk-in Closet, Ceiling Fan, Recessed Lighting, and attached En Suite! The En Suite has Dual Sinks, a Large Walk-in Shower with Custom Tile Ribbon, Dark Wood Cabinetry, Quartz Countertops with Custom Tile backsplash, and a Privacy Toilet Closet! Bedroom #2 is on the other side of the home and has a Ceiling Fan and large Closet. The Hallway Bathroom has Dark Wood Cabinetry, Quartz Countertops, and a Tub/Shower Combo. The Laundry Closet is located in the Hallway and the Washer/Dryer are included with the home! There is a 2 Car Finished Garage located below the unit. The amenities at La Floresta include Pool, Spa, Outdoor Areas, Clubhouse, and more! Located in North Orange County, there is no shortage of Shops and Restaurants and the Village at La Floresta is walkable and includes Whole Foods, Mendocino Farms, OrangeTheory Fitness, and much more! With quick access to the 57 FWY, you are just minutes from the 91/22/5/60 FWYS. Move-in ready, this is one you will not want to miss out on seeing!

Last Agent to Rent the Property

Tyler Philip

Tyler Philip, Broker License #01900216 Listed on: 01/11/2024

Last Renter's Agent

Shannon Stella

Keller Williams Realty License #02123969

Keller Williams Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 2015

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,046 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Pool

  • Spa

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $3,795
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 11/5/22
  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996508

Community Details

Overview

  • Property has a Home Owners Association
  • 93 Units

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,937

Year Built

Built in 2015

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-11-05
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3795
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Subdivision Name Other: La florists
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93996508
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1046.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.15
  • Room Type: Primary Bathroom, Primary Bedroom, Primary Suite
  • Spa Features: Community

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1.00
  • Latitude Manual: 33.91192000

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1.0000 Square Feet
  • Number Of Units In Community: 93
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 218.31
  • Tax Lot: 6
  • Tax Tract Number: 17150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Oct 21, 2022
Sold by
Engel D Jonathan
Bought by
Engel D Jonathan
Seller's Agent
Tyler Philip
Tyler Philip, Broker
Buyer's Agent
Kay Wahlin
Kendra Wahlin, Broker
Sold Price
$3,295
Views
18
Current Estimated Value
$789,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,948
Avg. Annual Appreciation
7.22%
Original Mortgage
$415,000
Outstanding Balance
$400,271
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$388,972

Purchase Details

Closed on
Dec 11, 2015
Sold by
Vd Brea 93 Llc
Bought by
Engel D Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Engel D Jonathan -- First American Title
Troy Shaffer And Maricela B Shaffer Family Tr $635,000 First American Title
Engel D Jonathan $495,500 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troy Shaffer And Maricela B Shaffer Family Tr $415,000
Previous Owner Engel D Jonathan $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2024 01/22/24 Rented $3,295 0.0% --
01/11/2024 01/11/24 For Rent $3,295 0.0% --
11/15/2022 11/15/22 Rented $3,295 0.0% --
11/04/2022 11/04/22 For Rent $3,295 0.0% --
10/28/2022 10/28/22 Sold $635,000 -0.8% $607 / Sq Ft View Prior Sale
10/09/2022 10/09/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $639,800 0.0% $612 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $639,800 0.0% $612 / Sq Ft
10/20/2018 10/20/18 Rented $2,500 -6.5% --
10/03/2018 10/03/18 Price Changed $2,675 -7.6% $3 / Sq Ft
10/03/2018 10/03/18 For Rent $2,895 -- --
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 $7,937 $660,654 $422,544 $238,110
2024 $7,937 $647,700 $414,258 $233,442
2023 $7,714 $635,000 $406,135 $228,865
2022 $6,859 $552,368 $341,169 $211,199
2021 $6,706 $541,538 $334,480 $207,058
2020 $6,661 $535,986 $331,051 $204,935
2019 $6,546 $525,477 $324,560 $200,917
2018 $6,446 $515,174 $318,196 $196,978
2017 $6,325 $505,073 $311,957 $193,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24006366

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-08