NOT LISTED FOR SALE

427 Maravilla Ln Brea, CA 92823

Estimated Value: $882,846 - $1,004,000

2 Beds
2.5 Baths
1,534 Sq Ft
$360/mo HOA Fee

Last Sold January 17, 2019

Last sale price $615,000 $401 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,980/month

53 Days on Market

Highlights

  • Spa
  • Two Primary Bedrooms
  • Property is near clubhouse and park
  • Olinda Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of January 2019

Welcome to this sophisticated Spanish inspired condo located in the coveted Castile at La Floresta tract. With no shared common walls, this unique floor plan lives like a single-story home, elevated in a true “Carriage Style” design. Two separate master suites give residents the luxury of privacy, while an oversized Great Room brings everyone together. The fantastic open living room is adorned with neutral toned wide-plank engineered hardwood flooring that flows seamlessly throughout the ding and kitchen area.The well-appointed modern style kitchen features quartz countertops, crisp white cabinetry with under mount lighting and sleek stainless steel appliances all illuminated by bright natural light flooding through the overisized windows. The living area also features access to a spacious patio which offers the perfect setting to BBQ or enjoy a cup of coffee. The main master suite bathroom is designed with a gorgeous floor to ceiling tile shower, dual vanities, quartz countertops, and two walk-in closets. The second master offers a full-size tub-in shower combo, matching finishes, and a walk-in closet. Additional features include 9-foot ceilings, a tankless water heater and direct access to a 2-car garage. Plethora of community features includes pools, clubhouse with banquet facilities and meeting rooms, amphitheater, children’s play areas, BBQ grills, outdoor cooking and picnic area, and the famous Village at La Floresta shops, restaurants and top-rated Brea-Olinda Schools.

Last Agent to Sell the Property

Kay Lee

Circa Properties, Inc. License #01399595 Listed on: 10/26/2018

Circa Properties, Inc.

Last Buyer's Agent

Carol Lin

High Ten Partners, Inc. License #01353029

High Ten Partners, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

HOA Fees

Parking

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

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,534 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Schools

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

Additional Features

  • No Common Walls
  • Property is near clubhouse and park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996535

Community Details

Overview

  • 63 Units
  • La Floresta Maintenance Corporation Association, Phone Number (949) 448-6149
  • Alterra & Castile Neighborhood Association, Phone Number (949) 448-6171

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: La Floresta
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93996535
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1534.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 400.91
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Quartz Counters
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • 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

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Alterra & Castile Neighborhood Association
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse, Banquet Facilities, Meeting Room
  • Association Fee: 126.12
  • Association #2 Fee: 234.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: La Floresta Maintenance Corporation
  • Phone: 9494486149
  • Association Phone #2: 9494486171
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

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: Close to Clubhouse, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 63
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.15
  • Tax Lot: 6
  • Tax Tract Number: 17150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Jan 2, 2019
Sold by
Oh Thomas and Oh Susanna Nary
Bought by
Chang Victor
Seller's Agent
Kay Lee
Circa Properties, Inc.
Buyer's Agent
Carol Lin
High Ten Partners, Inc.
List Price
$660,000
Sold Price
$615,000
Premium/Discount to List
-$45,000
-6.82%
Current Estimated Value
$950,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,962
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Apr 11, 2016
Sold by
Vd Brea 93 Llc
Bought by
Oh Thomas and Shin Susanna Nary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Chang Victor $615,000 Ticor Title
Oh Thomas $629,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oh Thomas $503,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2019 01/17/19 Sold $615,000 0.0% $401 / Sq Ft
12/28/2018 12/28/18 Off Market $615,000 -- --
12/18/2018 12/18/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $639,000 -3.2% $417 / Sq Ft
10/26/2018 10/26/18 For Sale $660,000 -- $430 / 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 $8,349 $686,041 $358,576 $327,465
2024 $8,349 $672,590 $351,545 $321,045
2023 $8,113 $659,402 $344,652 $314,750
2022 $8,024 $646,473 $337,894 $308,579
2021 $7,842 $633,798 $331,269 $302,529
2020 $7,788 $627,300 $327,873 $299,427
2019 $8,015 $654,303 $384,709 $269,594
2018 $7,759 $641,474 $377,166 $264,308
2017 $7,611 $628,897 $369,771 $259,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18258324

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-35