NOT LISTED FOR SALE

421 Mallorca Ln Brea, CA 92823

Estimated Value: $940,169 - $1,147,000

3 Beds
2.5 Baths
1,837 Sq Ft
$518/mo HOA Fee

Last Sold October 31, 2022

Last sale price $770,000 $419 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,699/month

56 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Olinda Elementary School Rated A
  • View of Trees or Woods
  • Clubhouse

About This Home

As of October 2022

Welcome to 421 Mallorca Lane! Built in 2016, this end-unit condo has NO one below, is located in the highly desirable La Floresta Community! Consisting of 1837 square feet of living space with 3 Bedrooms and 2.5 Bathrooms, this UNIQUE floorplan is zoned for a Work/Life situation or can be fully used as a residence only. Entering the home you are welcomed by Real Hardwood Neutral Toned Flooring, the Kitchen/Living/Dining Room space is the hub of the home with a Great Open Floor Plan Concept. Large Dual Paned Windows throughout the home, bring not only plenty of Natural Light in but provide stunning views of the mature and lushly landscaped grounds and peak-a-boo views of the AMAZING Southern California sunsets! The Kitchen has White Shaker Style Cabinetry, Neutral Toned Granite Countertops, a Large Center Island with seating, NEWER Stainless Steel Appliances (ALL included with the home), Large Pantry, and LED Recessed and Pendant Lighting. Located off the Living and Dining Rooms is a Spacious Balcony/Patio area to enjoy. With two Bedrooms on the Main Level, the Master Suite has a great Juliet Balcony, Walk-in Closet, Ceiling Fan, Recessed Lighting, and attached En Suite! The En Suite has Dual Sinks, a Large Walk-in Shower, White Cabinetry, Quartz Countertops, and a Privacy Toilet Closet! Bedroom #2 is off the hallway and has a Ceiling Fan and large Closet. The Hallway Bathroom has White Cabinetry, Quartz Countertops, and a Tub/Shower Combo. Downstairs you will find a large space that can be used for a number of functions! This home is one of the few unique properties in La Floresta and was built and zoned to operate your own home business and includes a Private entrance and a Half Bathroom. The space can also be used as a Family/Game Room, a Third Bedroom, a Home Office, the possibilities are truly endless! There is an Office Space located off the 2 Car Attached Finished Garage which has Direct Access to the home. The Laundry Closet is located in the Main Hallway and includes Washer/Dryer with the home! 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 Sell the Property

Jacob Abeelen

T.N.G. Real Estate Consultants License #01973535 Listed on: 07/14/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Jacob Abeelen

T.N.G. Real Estate Consultants License #01973535 Listed on: 07/14/2022

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

Parking

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

Property Views

  • Woods
  • Neighborhood

Home Design

  • Turnkey
  • Planned Development
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,837 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Game Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996526
  • $744 per year additional tax assessments

Community Details

Overview

  • 93 Units
  • Alterra & Castile Association, Phone Number (949) 448-6132
  • Firstservice Maintenance Corp. Association, Phone Number (949) 448-6132
  • Firstservice Maintenance Corp HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer & Dryer & Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: La Floresta
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93996526
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1837.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 419.16
  • Room Type: Bonus Room, Family Room, Game Room, Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • 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, Barbecue, Picnic Area, Clubhouse, Maintenance Grounds, Management
  • Association Fee: 365.46
  • Association #2 Fee: 153.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Alterra & Castile
  • Phone: 949.448.6132
  • Association Phone #2: 949.448.6132
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: FirstService Maintenance Corp
  • Association Management 2: FirstService Maintenance Corp.

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

Multi Family

  • Lease Considered: No
  • 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: 744.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 27, 2022
Sold by
Rozanne Englehart Survivors Trust
Bought by
Engel Jonathan and Engel Mia
Seller's Agent
Jacob Abeelen
T.N.G. Real Estate Consultants
Buyer's Agent
Jacob Abeelen
T.N.G. Real Estate Consultants
List Price
$868,000
Sold Price
$770,000
Premium/Discount to List
-$98,000
-11.29%
Views
54
Current Estimated Value
$1,029,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,542
Avg. Annual Appreciation
9.66%
Original Mortgage
$380,000
Outstanding Balance
$365,621
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$663,921

Purchase Details

Closed on
May 4, 2016
Sold by
Vd Brea 93 Llc
Bought by
Englehart Rozanne Clare and Rozanne Englehart Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,457
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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 Jonathan $770,000 First American Title
Englehart Rozanne Clare $659,500 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engel Jonathan $380,000
Previous Owner Englehart Rozanne Clare $189,457
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $770,000 -6.0% $419 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $819,000 -2.3% $446 / Sq Ft
08/10/2022 08/10/22 Price Changed $838,000 -3.5% $456 / Sq Ft
07/14/2022 07/14/22 For Sale $868,000 +31.6% $473 / Sq Ft
07/18/2016 07/18/16 Sold $659,457 +7.1% $347 / Sq Ft View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $615,990 -- $325 / 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 $9,446 $801,108 $420,159 $380,949
2024 $9,446 $785,400 $411,920 $373,480
2023 $9,182 $770,000 $403,843 $366,157
2022 $8,974 $744,600 $394,228 $350,372
2021 $7,243 $597,262 $433,642 $163,620
2020 $7,193 $591,138 $429,195 $161,943
2019 $7,061 $579,548 $420,780 $158,768
2018 $6,952 $568,185 $412,530 $155,655
2017 $6,820 $557,045 $404,442 $152,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22141835

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-26