NOT LISTED FOR SALE

4512 Montecito Dr Unit 20 La Palma, CA 90623

Estimated Value: $801,591 - $961,000

4 Beds
3 Baths
1,897 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $535,000 $282 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,560/month

8 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • Wood Flooring
  • Steve Luther Elementary School Rated A-
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of July 2016

"Montecito Villas" The Most Sought after Complex in La Palma! Gated and Resort Style Townhome Complex Built in 1996 by the Olson Company. This Lovely townhome features 4 Bedrooms and 3Bathrooms features approx. 1,897 Square feet of Living Space. Entry opens up to living room with lots of windows that lets in natural warm light. A downstairs bedroom and private bath offer convenience for family/guests.
The Spacious Kitchen opens to Dining Area with abundant cabinetry, tile flooring and recessed lights. Spacious Master Bedroom and Master bathroom with a His/ Hers vanity, Walk-in closet and Tile Flooring. Enjoy Association Pool and Spa. " No Mello-Roos". Close to shopping centers, schools, freeway and parks located nearby. Take advantage of the convenience location. This is what you have been waiting for!!! Don't Miss...

Last Agent to Sell the Property

Karen Shin

Coldwell Banker Best Realty License #01721241 Listed on: 06/01/2016

Coldwell Banker Best Realty

Last Buyer's Agent

Katrina Jauregui

Redfin License #01507669

Redfin

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1996

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $360 Monthly HOA Fees

Parking

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

Home Design

  • Split Level Home

Interior Spaces

  • 1,897 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Chute
  • Gas Dryer Hookup

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15061
  • Assessor Parcel Number 93023498

Community Details

Overview

  • 40 Units
  • Total Property Management Association, Phone Number (949) 261-8282

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1996

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Montecito (MONT)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93023498
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1897.00
  • Interior Amenities: Open Floorplan
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Dining Room
  • Levels: Multi/Split
  • Price Per Square Foot: 282.02
  • Room Type: Living Room, Master Bedroom, Main Floor Bedroom
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Laundry Chute, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Total property Management
  • Phone: (949)261-8282
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 10, 2016
Sold by
Hong Young S and Hong Ginger Y
Bought by
Summage Tony and Summage Kerica
Seller's Agent
Karen Shin
Coldwell Banker Best Realty
Buyer's Agent
Katrina Jauregui
Redfin
List Price
$529,000
Sold Price
$535,000
Premium/Discount to List
$6,000
1.13%
Current Estimated Value
$889,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,398
Avg. Annual Appreciation
5.47%
Original Mortgage
$417,000
Outstanding Balance
$332,856
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$556,542

Purchase Details

Closed on
May 22, 2001
Sold by
Chang Chung Chu and Ko Ching Chin
Bought by
Hong Young S and Hong Ginger Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.21%

Purchase Details

Closed on
Apr 8, 1996
Sold by
The Olson Company
Bought by
Chang Chung Chu and Ko Ching Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,850
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Summage Tony $535,000 None Available
Hong Young S $265,000 --
Chang Chung Chu $210,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summage Tony $417,000
Previous Owner Hong Young S $207,000
Previous Owner Chang Chung Chu $157,850
Closed Chang Chung Chu $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $535,000 +1.1% $282 / Sq Ft
06/13/2016 06/13/16 For Sale $529,000 0.0% $279 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $529,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,921 $620,910 $381,688 $239,222
2024 $6,921 $608,736 $374,204 $234,532
2023 $6,762 $596,800 $366,866 $229,934
2022 $6,684 $585,099 $359,673 $225,426
2021 $6,596 $573,627 $352,621 $221,006
2020 $6,570 $567,746 $349,006 $218,740
2019 $6,383 $556,614 $342,163 $214,451
2018 $6,296 $545,700 $335,453 $210,247
2017 $6,078 $535,000 $328,875 $206,125
2016 $3,898 $330,696 $107,546 $223,150
2015 $3,868 $325,729 $105,930 $219,799
2014 $3,665 $319,349 $103,855 $215,494
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16116789

California Regional Multiple Listing Service (CRMLS)

APN: 930-234-98