NOT LISTED FOR SALE

431 Mallorca Ln Brea, CA 92823

Estimated Value: $775,794 - $829,000

2 Beds
2 Baths
1,101 Sq Ft
$420/mo HOA Fee

Last Sold October 29, 2019

Last sale price $579,988 $527 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,443/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Olinda Elementary School Rated A
  • Clubhouse
  • Spanish Architecture

About This Home

As of October 2019

Welcome to the beautiful community of La Floresta, a newly developed community situated in the desirable area of Brea where highly rated schools, shopping, and outdoor activities reside. This 2 bedroom, 2 bathroom 1,100 sq. ft condominium comes with stainless steel appliances, granite and quartz counter tops, upgraded tile flooring throughout the area, stackable washer/dryer room, upgraded window shutters and shades, and a spacious deck to spend time outside.

This open concept floor plan is a great space to entertain, enjoy with family, or to relax on your own. The spacious kitchen and walk in area has multiple cabinets for extra storage and a large space for cooking. The master bath has double vanity sinks and a large shower while the second bathroom also has a full shower/bath. The bedrooms accommodate people comfortably and the large windows share beautiful natural light into the home. A two-car garage along with built in storage accompanies the unit.

The community has multiple features including an elevator, clubhouse, large pool/spa and BBQ’s along with an entertainment area. Multiple safe playgrounds are located within La Floresta and accessible through a short walk. The community is attached to the brand new Village at La Floresta shopping center which is walking distance to Whole Foods, Jimmy’s Famous, Mendocino Farms, various shops and much more.

Last Agent to Sell the Property

Christopher Drilling

Keller Williams Realty License #02037704 Listed on: 09/21/2019

Last Buyer's Agent

Ying Chan

Realty One Group West License #02019012

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,653

Year Built

  • Built in 2016

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking
  • Unassigned Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,101 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Doors are 32 inches wide or more

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17150
  • Assessor Parcel Number 93996553

Community Details

Overview

  • 63 Units
  • Alterra/Castile Neighborhood Association, Phone Number (800) 428-5588
  • La Floresta HOA
  • Built by Van Daele

Amenities

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

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Jogging Track
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,653

Year Built

Built in 2016

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Van Daele (VAND)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93996553
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1101.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Elevator, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 526.78
  • Room Type: All Bedrooms Down, All Bedrooms Up, Great Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community, In Ground
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Quartz Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Builder Name: Van Daele
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Guest, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Jogging Track, Clubhouse, Meeting Room, Pet Rules, Call for Rules
  • Association Fee: 290.00
  • Association #2 Fee: 130.00
  • Association Fee Frequency: Monthly
  • Association Name: Alterra/Castile Neighborhood Association
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: La Floresta

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: 0-1 Unit/Acre
  • Latitude Manual: 33.91132500

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

Closed on
Aug 25, 2021
Sold by
Chen David Shin Wei
Bought by
Chen David and Chen Family Trust
Current Estimated Value
$804,699

Purchase Details

Listed on
Sep 21, 2019
Closed on
Oct 4, 2019
Sold by
Chen Judy
Bought by
Chen David Sih Wei
Seller's Agent
Christopher Drilling
Keller Williams Realty
Buyer's Agent
Ying Chan
Realty One Group West
List Price
$583,000
Sold Price
$579,988
Premium/Discount to List
-$3,012
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Sep 21, 2019
Closed on
Oct 2, 2019
Sold by
Drilling Christopher Frederick and Drilling Elyse C K
Bought by
Chen David Sih Wei
Seller's Agent
Christopher Drilling
Keller Williams Realty
Buyer's Agent
Ying Chan
Realty One Group West
List Price
$583,000
Sold Price
$579,988
Premium/Discount to List
-$3,012
-0.52%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Vd Brea 93 Llc
Bought by
Drilling Christopher Frederick and Drilling Elyse C K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,724
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chen David -- Lawyers Title
Chen David Sih Wei -- Lawyers Title Company
Chen David Sih Wei $580,000 None Available
Drilling Christopher Frederick $498,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drilling Christopher Frederick $277,724
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $579,988 -0.5% $527 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $583,000 -- $530 / 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 $7,653 $634,299 $402,547 $231,752
2024 $7,653 $621,862 $394,654 $227,208
2023 $7,438 $609,669 $386,916 $222,753
2022 $7,358 $597,715 $379,329 $218,386
2021 $7,196 $585,996 $371,892 $214,104
2020 $7,147 $579,988 $368,079 $211,909
2019 $6,385 $517,836 $321,153 $196,683
2018 $6,286 $507,683 $314,856 $192,827
2017 $6,167 $497,729 $308,682 $189,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19225439

California Regional Multiple Listing Service (CRMLS)

APN: 939-965-53