NOT LISTED FOR SALE

416 Mallorca Ln Brea, CA 92823

Estimated Value: $1,005,000 - $1,173,000

3 Beds
3.5 Baths
1,565 Sq Ft
$677/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,025,000 $655 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,889/month

5 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Olinda Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of June 2023

Introducing La Floresta, an enchanting master planned community that beautifully showcases Spanish Romantica architecture.
Our exceptional featured home stands out as a completely detached unit, offering a serene interior location right on the green belt. OThis residence boasts over $70,000 worth of unique and thoughtful upgrades. Among these enhancements, you'll find an outdoor gas fireplace operated effortlessly with a switch, stacking sliding doors leading to a private backyard, upgraded kitchen counters and hardware, surround sound, a security system, and much more. Step into the inviting front enclosed patio, which seamlessly transitions into the open first-level floor plan, encompassing the living room, dining room, and kitchen. The living room is adorned with three picturesque windows framing the lush greenery of the yard like a stunning painting. The dining room features two sliding doors that allow you to seamlessly merge the indoors with the outdoors, providing a delightful ambiance. The private yard, beautifully landscaped and featuring a gas fireplace, offers an oasis of tranquility and direct access to the two-car garage.Downstairs, you'll find two bathrooms - one for guests and another attached to the downstairs bedroom, complete with its own private bath and a walk-in shower. The downstairs area features elegant neutral tile flooring. Upstairs, two spacious bedrooms await, each boasting its own en-suite bathroom. Yes, you heard it right: every bedroom in this home has its own bathroom. The primary bedroom's bathroom features a generously sized tiled step-in shower. Additionally, the laundry is conveniently located on the upper level.This remarkable home also includes upgraded ceiling fans, wood flooring, plantation shutters, and more, adding to its already impressive list of amenities.Furthermore,the La Floresta community offers an array of incredible amenities. Explore the landscaped half-mile walking trail, delight in the kids' play structures, and indulge in the "Swim Club," boasting a heated pool, splash-pad, and community facilities that will exceed your expectations. The location is perfect for nature enthusiasts, with community parks and trails like "the Tracks at Brea Trail" and Carbon Canyon Park within walking distance.As if that's not enough, you'll also find yourself steps away from the vibrant La Floresta Village, featuring cozy coffee shops, a convenient Whole Foods Grocery store, and a variety of wonderful eateries and shops.

Last Agent to Sell the Property

Meghan Shigo

Century 21 Affiliated License #01243803 Listed on: 05/29/2023

Century 21 Affiliated

Last Buyer's Agent

Kenneth Park

Newline Realty License #02200422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,323

Year Built

  • Built in 2016

Lot Details

  • 1,000 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Fence is in excellent condition
  • Back Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Park or Greenbelt Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio
  • Outdoor Fireplace
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996516
  • $910 per year additional tax assessments

Community Details

Overview

  • Alterra & Castille Neighborhood Association, Phone Number (800) 428-5588
  • La Floresta Maintenance Corporation Association
  • 800 428 5588 HOA

Amenities

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

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,323

Year Built

Built in 2016

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: La Floresta
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93996516
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1565.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Outside, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 654.95
  • Room Type: Game Room, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Custom Covering, ENERGY STAR Qualified Windows, Plantation Shutters
  • Bathroom Features: Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, High Efficiency Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: La Floresta Maintenance Corporation
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Hiking Trails
  • Association Fee: 271.65
  • Association #2 Fee: 158.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Alterra & Castille Neighborhood Association
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: 800-428-5588

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: Back Yard
  • 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 Total: 1

Tax Info

  • Tax Census Tract: 218.31
  • Tax Lot: 6
  • Tax Tract Number: 17150
  • TaxOtherAnnualAssessmentAmount: 910.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Jul 26, 2023
Sold by
Kim Ian Imsun
Bought by
Ian Imsun Kim Living Trust and Kim
Seller's Agent
Meghan Shigo
Century 21 Affiliated
Buyer's Agent
Kenneth Park
Newline Realty
List Price
$959,900
Sold Price
$1,025,000
Premium/Discount to List
$65,100
6.78%
Views
116
Current Estimated Value
$1,060,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,165
Avg. Annual Appreciation
0.54%
Original Mortgage
$650,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 29, 2023
Closed on
Jun 9, 2023
Sold by
Koeck Andreas K and Koeck Michaela L
Bought by
Yoon Jay and Kim Ian Imsun
Seller's Agent
Meghan Shigo
Century 21 Affiliated
Buyer's Agent
Kenneth Park
Newline Realty
List Price
$959,900
Sold Price
$1,025,000
Premium/Discount to List
$65,100
6.78%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2021
Sold by
Koeck Andrea and Koeck Michael
Bought by
Koeck Andreas K and Koeck Michaela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Apr 5, 2016
Sold by
Vd Brea 93 Llc
Bought by
Koeck Andreas and Koeck Michaela
Seller's Agent
Jeffrey Hack
VAN DAELE HOMES
Buyer's Agent
Jeffrey Hack
VAN DAELE HOMES
List Price
$633,990
Sold Price
$704,765
Premium/Discount to List
$70,775
11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$563,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Ian Imsun Kim Living Trust -- None Listed On Document
Kim Ian Imsun -- None Listed On Document
Yoon Jay -- None Listed On Document
Yoon Jay $1,025,000 First American Title
Koeck Andreas K -- Fidelity Natl Ttl Orange Cnt
Koeck Andreas $705,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoon Jay $650,000
Previous Owner Koeck Andreas K $609,000
Previous Owner Koeck Andreas $563,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $1,025,000 +6.8% $655 / Sq Ft
06/06/2023 06/06/23 For Sale $959,900 -6.4% $613 / Sq Ft
06/05/2023 06/05/23 Off Market $1,025,000 -- --
06/03/2023 06/03/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $959,900 +1.1% $613 / Sq Ft
05/29/2023 05/29/23 For Sale $949,900 +34.8% $607 / Sq Ft
04/25/2016 04/25/16 Sold $704,765 +11.2% $449 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $633,990 -- $404 / 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 $8,323 $683,634 $451,199 $232,435
2024 $8,323 $670,230 $442,352 $227,878
2023 $9,587 $801,900 $498,350 $303,550
2022 $9,484 $786,177 $488,578 $297,599
2021 $9,273 $770,762 $478,998 $291,764
2020 $9,209 $762,859 $474,086 $288,773
2019 $9,040 $747,901 $464,790 $283,111
2018 $8,769 $733,237 $455,677 $277,560
2017 $8,601 $718,860 $446,742 $272,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23093951

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-16