NOT LISTED FOR SALE

407 Mallorca Ln Brea, CA 92823

Estimated Value: $1,059,000 - $1,357,000

3 Beds
3.5 Baths
2,109 Sq Ft
$584/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $970,000 $460 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,993/month

7 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Contemporary Architecture
  • Olinda Elementary School Rated A
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Welcome to La Floresta, a master planned community that showcases Spanish Romantica architecture, paving stone streets, lush landscaping, and thoughtful street scenes that make it a truly captivating place to live. Our featured floor plan is the largest and most versatile option available safely nestled at the end of the block. This home boasts two levels, each with its own private entrance. The upstairs level features an open floor plan with a newly renovated kitchen, a designated dining area with built-in bench seating, a private balcony, two spacious bedrooms with full baths, and a laundry area. The ground floor level is a flexible space that is second to none, complete with a private patio entrance, soaring ceilings, a bright open great room, guest bath, a second primary bedroom with ensuite bath and laundry, walk-in closets, and direct garage access. This home feels like it could be one large home or even home for two groups of residents (i.e. parents or adult children downstairs and primary upstairs). The garage is newly outfitted with custom shelving and garage organizer to make the most of your storage. With a total square footage of 2,109, this home is not only spacious but also energy efficient, featuring upgrades such as plantation shutters, a ChargePoint Home Electric Vehicle Charger Wi-Fi enabled 240V/32Amp Plug-in indoor station, smart ceiling fans, and thermostat. It is also perfectly suited for ADA accessibility, with extra wide hallways, step-in shower and building elevator connecting both floors. In addition to the incredible amenities within the home, the La Floresta community also offers a 1/2 mile landscaped walking trail, kids play structures and a spectacular "Swim Club" with a heated pool, splash-pad, and community facilities. The location is walkable to community parks and trails such as "the Tracks at Brea Trail" and Carbon Canyon Park. And if that's not enough, you'll also be just steps away from the hottest, hippest La Floresta Village, with cozy coffee shops, convenient Whole Foods Grocery and other wonderful eateries and shops.

Last Agent to Sell the Property

Meghan Shigo

Century 21 Affiliated License #01243803 Listed on: 03/13/2023

Century 21 Affiliated

Last Buyer's Agent

Jayson Jun

Trinity One Realty License #01986941

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,682

Year Built

  • Built in 2016

Lot Details

  • 1,000 Sq Ft Lot
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Southwest Facing Home

HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Plantation Shutters
  • Roller Shields
  • Window Screens
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996513
  • $781 per year additional tax assessments

Community Details

Overview

  • 93 Units
  • Alterra & Castile Association, Phone Number (800) 428-5588
  • La Floresta Association
  • First Service Residential HOA

Amenities

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

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,682

Year Built

Built in 2016

Lot Details

0

HOA Fees

$556 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: La Floresta
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93996513
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2109.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Accessibility Features: 32 Inch Or More Wide Doors, Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 459.93
  • Room Type: Entry, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Separate Family Room, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Insulated Windows, Plantation Shutters, Roller Shields, Screens
  • Bathroom Features: Shower, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: La Floresta
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse
  • Association Fee: 404.00
  • Association #2 Fee: 152.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Alterra & Castile
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: First Service Residential

Schools

  • 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: Cul-De-Sac
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 93
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.31
  • Tax Lot: 6
  • Tax Tract Number: 17150
  • TaxOtherAnnualAssessmentAmount: 781.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 10, 2023
Sold by
Sudario Gabriel Roberto and Sudario Jennifer Evely
Bought by
Jun Jayson Choi and Jun Kathy Kyo
Seller's Agent
Meghan Shigo
Century 21 Affiliated
Buyer's Agent
Jayson Jun
Trinity One Realty
List Price
$899,900
Sold Price
$970,000
Premium/Discount to List
$70,100
7.79%
Views
110
Current Estimated Value
$1,232,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,386
Avg. Annual Appreciation
9.61%
Original Mortgage
$620,000
Outstanding Balance
$603,175
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$629,211

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 3, 2020
Sold by
Teran Oscar D and Hernandez Josue E
Bought by
Sudario Gabriel Roberto and Sudario Jennifer Evelyn
Seller's Agent
Meghan Shigo
Century 21 Affiliated
Buyer's Agent
Meghan Shigo
Century 21 Affiliated
List Price
$749,900
Sold Price
$745,000
Premium/Discount to List
-$4,900
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$670,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Vd Brea 93 Llc
Bought by
Teran Oscar D and Hernandez Josue E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,451
Interest Rate
3.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jun Jayson Choi $970,000 First American Title
Sudario Gabriel Roberto $745,000 First American Title Company
Teran Oscar D $655,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jun Jayson Choi $620,000
Previous Owner Sudario Gabriel Roberto $670,500
Previous Owner Teran Oscar D $599,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $970,000 +7.8% $460 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $899,900 +20.8% $427 / Sq Ft
08/25/2020 08/25/20 Sold $745,000 -0.7% $353 / Sq Ft View Prior Sale
07/21/2020 07/21/20 For Sale $749,900 -- $356 / 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 $11,682 $1,009,188 $547,757 $461,431
2024 $11,682 $989,400 $537,016 $452,384
2023 $9,161 $775,098 $382,828 $392,270
2022 $9,066 $759,900 $375,321 $384,579
2021 $8,869 $745,000 $367,961 $377,039
2020 $8,491 $708,561 $345,205 $363,356
2019 $8,322 $694,668 $338,436 $356,232
2018 $8,194 $681,048 $331,800 $349,248
2017 $8,038 $667,695 $325,295 $342,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23040761

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-13