NOT LISTED FOR SALE

425 Laurel Ave Brea, CA 92821

Estimated Value: $960,000 - $1,437,209

2 Beds
1 Bath
1,284 Sq Ft
$989/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,280,000 $997 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,878/month

151 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1 Car Garage
  • Brea Junior High School Rated A
  • Laundry Room
  • Level Lot

About This Home

As of March 2023

Incredible opportunity to have TWO SINGLE FAMILY RESIDENCES on ONE LOT!!! The 2 bedrooms 1 bath front house, approximately 1284 sq.ft. and a 1 bedroom and 1 bathroom back house, approximately 800 sq.ft. Both units are currently resided in by long-term tenants, it's a rare opportunity to have a steady income or you can live in one and rent one in the heart of Brea community. Newer roofs on both houses, replaced in 2020. The property is located within walking distance of desirable downtown Brea, Brea Shopping Mall and Craig Regional Park.

Last Agent to Sell the Property

WENNY GUNAWAN

Moon Realty License #01876324 Listed on: 08/24/2022

Moon Realty

Last Buyer's Agent

WENNY GUNAWAN

Moon Realty License #01876324 Listed on: 08/24/2022

Moon Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway Level

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 818
  • Assessor Parcel Number 28421306
  • $363 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28421306
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1284.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 996.88
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11275.00
  • Lot Size Acres: 0.2588

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11275.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 15.04
  • Tax Lot: 14
  • Tax Tract Number: 818
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Feb 3, 2023
Sold by
Janet R Hafner Revocable Trust
Bought by
Carlson Sandra
Seller's Agent
WENNY GUNAWAN
Moon Realty
Buyer's Agent
WENNY GUNAWAN
Moon Realty
List Price
$1,099,998
Sold Price
$1,280,000
Premium/Discount to List
$180,002
16.36%
Views
153
Current Estimated Value
$1,269,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,198
Avg. Annual Appreciation
-0.29%
Original Mortgage
$1,237,280
Outstanding Balance
$1,197,037
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$72,765

Purchase Details

Closed on
Oct 13, 1998
Sold by
Hafner Janet R
Bought by
Hafner Janet R and Janet R Hafner Revocable Trust
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
Carlson Sandra $1,280,000 Stewart Title
Hafner Janet R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Sandra $1,237,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $1,280,000 -1.5% $997 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/22/2023 01/22/23 Price Changed $1,299,999 0.0% $1,012 / Sq Ft
12/29/2022 12/29/22 Rented $2,500 0.0% --
12/19/2022 12/19/22 Under Contract -- -- --
12/13/2022 12/13/22 For Rent $2,500 0.0% --
12/12/2022 12/12/22 Off Market $2,500 -- --
11/30/2022 11/30/22 For Rent $2,500 0.0% --
10/10/2022 10/10/22 Price Changed $974,999 -7.1% $759 / Sq Ft
09/22/2022 09/22/22 Price Changed $1,049,888 -4.6% $818 / Sq Ft
08/24/2022 08/24/22 For Sale $1,099,998 0.0% $857 / Sq Ft
11/19/2020 11/19/20 Rented $1,850 0.0% --
11/18/2020 11/18/20 Under Contract -- -- --
10/12/2020 10/12/20 For Rent $1,850 -- --
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 $14,701 $1,331,712 $1,261,258 $70,454
2024 $14,701 $1,305,600 $1,236,527 $69,073
2023 $2,882 $230,202 $171,643 $58,559
2022 $2,851 $225,689 $168,278 $57,411
2021 $2,799 $221,264 $164,978 $56,286
2020 $2,779 $218,996 $163,287 $55,709
2019 $2,711 $214,702 $160,085 $54,617
2018 $2,671 $210,493 $156,946 $53,547
2017 $2,622 $206,366 $153,868 $52,498
2016 $2,572 $202,320 $150,851 $51,469
2015 $2,536 $199,281 $148,585 $50,696
2014 $2,464 $195,378 $145,675 $49,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22184369

California Regional Multiple Listing Service (CRMLS)

APN: 284-213-06