NOT LISTED FOR SALE

418 Downey Ln Placentia, CA 92870

Estimated Value: $1,758,451 - $2,130,000

5 Beds
3.5 Baths
3,574 Sq Ft
$530/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $1,070,000 $299 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,121/month

155 Days on Market

Highlights

  • On Golf Course
  • Stables
  • In Ground Pool
  • John O. Tynes Elementary School Rated A-
  • Home Theater
  • Open Floorplan

About This Home

As of May 2014

No mello roos, no HOA, 3574 sqft cul-de-sac home with 38 yard frontage on the 18th hole Alta Vista with all the amenities built in bbq w/ fridge, pool, spa, gazebo and ample 1800+sqft of patio with speakers! Interior includes fully remodeled upstairs, 5 bedrooms, 4 baths including 3 full bath, formal dining room two story living room ceilings, huge open kitchen with eating area and open to family room, indoor laundry, plantation shutters and recessed lighting throughout. Epoxy floor 3 car garage with built in cabinets includes flat panel TV and sound sound. House includes security cameras with DVR, 5.2KW solar system, interior fire sprinklers, and 5 built in quiet-cool fans, Culligan water softener and Culligan drinking water system.

Last Agent to Sell the Property

Edward Wood

Open Real Estate License #01802473 Listed on: 10/22/2013

Last Buyer's Agent

Edward Wood

Open Real Estate License #01802473 Listed on: 10/22/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 9,027 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac
  • West Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Turnkey
  • Slab Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,574 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • Plantation Shutters
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Storage
  • Laundry Room
  • Golf Course Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Gazebo
  • Outdoor Grill
  • Rain Gutters

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 1456
  • Assessor Parcel Number 34061111

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fairway Eighteen (FW18)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 34061111
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3574.00
  • Interior Amenities: Attic Fan, Balcony, Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s)
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 299.38
  • Room Type: All Bedrooms Up, Den, Entry, Family Room, Formal Entry, Foyer, Library, Living Room, Master Bedroom, Media Room
  • Spa Features: In Ground, Private
  • Window Features: Plantation Shutters

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Gazebo
  • Exterior Features: Barbecue Private, Stable
  • View: Golf Course
  • Pool Features: Fenced, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Double Oven, Dishwasher, Disposal, Trash Compactor, Water Heater Central, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac, On Golf Course, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 9027.00
  • Lot Size Acres: 0.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9027.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1456
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Mar 27, 2014
Sold by
Mihelich John H
Bought by
Rhee Stephan Hyosik and Rhee Jenna Ryeoung
Seller's Agent
Edward Wood
Open Real Estate
Buyer's Agent
Edward Wood
Open Real Estate
List Price
$1,305,000
Sold Price
$1,070,000
Premium/Discount to List
-$235,000
-18.01%
Current Estimated Value
$1,894,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,863
Avg. Annual Appreciation
5.04%
Original Mortgage
$714,974
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2011
Sold by
Mihelich Pamela A
Bought by
Mihelich John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1996
Sold by
Hqt Placentia Partners
Bought by
Mihelich John H and Mihelich Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,900
Interest Rate
8.01%
Source: Public Records

Range of Values:

--
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
Rhee Stephan Hyosik $1,070,000 Title365
Mihelich John H -- Lawyers Title La
Mihelich John H $464,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhee Stephan Hyosik $714,974
Previous Owner Mihelich John H $672,000
Previous Owner Mihelich John H $391,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $1,070,000 -8.4% $299 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/19/2014 03/19/14 Price Changed $1,167,500 +1.5% $327 / Sq Ft
02/18/2014 02/18/14 Price Changed $1,150,000 -6.1% $322 / Sq Ft
11/06/2013 11/06/13 Price Changed $1,225,000 -6.1% $343 / Sq Ft
10/22/2013 10/22/13 For Sale $1,305,000 -- $365 / 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 $14,679 $1,311,667 $756,609 $555,058
2024 $14,679 $1,285,949 $741,774 $544,175
2023 $14,417 $1,260,735 $727,230 $533,505
2022 $14,272 $1,236,015 $712,970 $523,045
2021 $13,987 $1,211,780 $698,990 $512,790
2020 $14,033 $1,199,355 $691,823 $507,532
2019 $13,500 $1,175,839 $678,258 $497,581
2018 $13,335 $1,152,784 $664,959 $487,825
2017 $13,117 $1,130,181 $651,921 $478,260
2016 $12,855 $1,108,021 $639,138 $468,883
2015 $12,699 $1,091,378 $629,538 $461,840
2014 $8,198 $693,760 $271,786 $421,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13215547

California Regional Multiple Listing Service (CRMLS)

APN: 340-611-11