NOT LISTED FOR SALE

4503 Montecito Dr La Palma, CA 90623

Estimated Value: $663,670 - $832,000

3 Beds
2.5 Baths
1,331 Sq Ft
1996 Built

Highlights

  • Private Pool
  • Pool View
  • Walk-In Closet
  • Steve Luther Elementary School Rated A-
  • 2 Car Attached Garage
  • 4-minute walk to Denni Street Park

About This Home

As of July 2016

Beautiful townhome located in a gated community. End unit just right next to the swimming pool. Bright and airy, split level, neutral custom color paint & laminate flooring all through the unit. Spacious living room with vaulted ceiling and cozy fireplace. Upgraded gourmet kitchen has granite counter top, center island, newer cabinets and stainless steel refrigerator. Family room has built-in shelf for TV and decorative display. Dining area has crystal chandelier. Master bedroom has dual sink, walk-in closets and a balcony with pool view. All bedrooms have custom window coverings. Linen closet at the hallway. In door laundry room for stack-up washer & dryer. Two car garage with many built in cabinets which provides additional ample storage spaces. Convenient location, walking distance to Steve Luther Elementary School, park & shopping center.

Last Agent to Rent the Property

Diana Yan

Sunyan Properties, Inc License #01212194 Listed on: 06/11/2016

Last Renter's Agent

Diana Yan

Sunyan Properties, Inc License #01212194 Listed on: 06/11/2016

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,366

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Density is 36-40 Units/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,331 Sq Ft Home
  • Partially Furnished
  • Living Room with Fireplace
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Tax Tract Number 15061
  • Assessor Parcel Number 93023479

Community Details

Overview

  • Property has a Home Owners Association
  • 48 Units

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,366

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 350
  • Deposit Security: 3200
  • Furnished: Partially
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Montecito (MONT)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93023479
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1331.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1.88
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Pool
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Anaheim Union High

Lot Info

  • Lot Features: 36-40 Units/Acre

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 48
  • Number Of Units Total: 48
  • Rent Includes: Trash Collection

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2017
Sold by
Chen Kevin David and Chen Kevin D
Bought by
Chen Kevin David and Song Ming Wen
Current Estimated Value
$746,918

Purchase Details

Closed on
Dec 18, 2004
Sold by
Chen Kevin David and Song Ming Wen
Bought by
Chen Kevin D and Song Ming Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Outstanding Balance
$98,960
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$647,958

Purchase Details

Closed on
Jun 26, 2002
Sold by
Chen Kevin David
Bought by
Chen Kevin David and Song Ming Wen

Purchase Details

Closed on
Mar 6, 2002
Sold by
Kuo David Da Wei
Bought by
Chen Kevin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
6.74%

Purchase Details

Closed on
Apr 10, 1996
Sold by
The Olson Company
Bought by
Kuo David Da Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Chen Kevin David -- None Available
Chen Kevin D -- Ticor Title Co Glendale
Chen Kevin David -- --
Chen Kevin David $253,000 Commerce Title
Kuo David Da Wei $193,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Kevin D $198,000
Previous Owner Chen Kevin David $202,400
Previous Owner Kuo David Da Wei $120,000
Closed Kuo David Da Wei $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Rented $2,500 0.0% --
06/11/2016 06/11/16 For Rent $2,500 0.0% --
06/08/2016 06/08/16 Off Market $2,500 -- --
06/02/2016 06/02/16 For Rent $2,500 +4.2% --
10/19/2013 10/19/13 Rented $2,400 -4.0% --
10/16/2013 10/16/13 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $2,500 -- --
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 $4,366 $373,743 $162,673 $211,070
2024 $4,366 $366,415 $159,483 $206,932
2023 $4,265 $359,231 $156,356 $202,875
2022 $4,214 $352,188 $153,290 $198,898
2021 $4,159 $345,283 $150,284 $194,999
2020 $4,142 $341,743 $148,743 $193,000
2019 $4,029 $335,043 $145,827 $189,216
2018 $3,976 $328,474 $142,968 $185,506
2017 $3,842 $322,034 $140,165 $181,869
2016 $3,810 $315,720 $137,417 $178,303
2015 $3,782 $310,978 $135,353 $175,625
2014 $3,585 $304,887 $132,702 $172,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16118868

California Regional Multiple Listing Service (CRMLS)

APN: 930-234-79