NOT LISTED FOR SALE

4534 Montecito Dr La Palma, CA 90623

Estimated Value: $840,000 - $914,509

4 Beds
2.5 Baths
1,856 Sq Ft
$349/mo HOA Fee

Last Sold March 10, 2017

Last sale price $490,000 $264 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,631/month

498 Days on Market

Highlights

  • High Ceiling
  • Private Yard
  • Recessed Lighting
  • Steve Luther Elementary School Rated A-
  • Community Pool
  • 5-minute walk to Denni Street Park

About This Home

As of March 2017

Beautiful 1800+ sq ft townhouse securely situated in the Montecito Villas in the city of La Palma. This townhouse features a 2-car
attached garage, beautiful fireplace to accommodate cold winters, high ceiling, recessed lighting, inside laundry and marble kitchen counters. Local
parks, schools, shopping centers, and other nearby amenities are just a few minutes away from home. Freeways are the 605, 91, and the
5 are also close by.

Last Agent to Sell the Property

Ginny Lin

Faith Global Realty Group License #01002981 Listed on: 07/24/2015

Last Buyer's Agent

peter paik

Real Estate Ebroker Inc License #01738975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 1996

Lot Details

  • 1 Common Wall
  • Private Yard

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,856 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15061
  • Assessor Parcel Number 93023508

Community Details

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,441

Year Built

Built in 1996

Lot Details

0

HOA Fees

$349 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Montecito (MONT)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93023508
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1856.00 Square Feet
  • Interior Amenities: High Ceilings, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 264.01
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 349.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Feb 28, 2017
Sold by
Lee Sang Gi
Bought by
Cho Kwang Ho and Kim Yoo Hee
Seller's Agent
Ginny Lin
Faith Global Realty Group
Buyer's Agent
peter paik
Real Estate Ebroker Inc
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$866,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,663
Avg. Annual Appreciation
7.18%
Original Mortgage
$294,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2000
Sold by
Lee Eun Sun
Bought by
Lee Sang Gi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
7.86%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Hong Sung Yun and Hong Keum Hee
Bought by
Choi Sang Gi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
7.86%

Purchase Details

Closed on
May 22, 1996
Sold by
The Olson Company
Bought by
Hong Sung Yun and Hong Keum Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,950
Interest Rate
8.3%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cho Kwang Ho $490,000 Provident Title Company
Lee Sang Gi -- Fidelity National Title Co
Choi Sang Gi $257,500 Fidelity National Title Ins
Hong Sung Yun $210,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Kwang Ho $258,000
Closed Cho Kwang Ho $294,000
Previous Owner Lee Sang G $143,000
Previous Owner Lee Sang Gi $437,000
Previous Owner Choi Sang Gi $239,600
Previous Owner Hong Sung Yun $162,950
Closed Hong Sung Yun $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $490,000 0.0% $264 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $490,000 0.0% $264 / Sq Ft
11/29/2016 11/29/16 For Sale $490,000 +14.0% $264 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/02/2015 11/02/15 Price Changed $430,000 -21.8% $232 / Sq Ft
07/24/2015 07/24/15 For Sale $550,000 -- $296 / 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 $6,441 $568,684 $332,269 $236,415
2024 $6,441 $557,534 $325,754 $231,780
2023 $6,294 $546,602 $319,366 $227,236
2022 $6,222 $535,885 $313,104 $222,781
2021 $6,142 $525,378 $306,965 $218,413
2020 $6,118 $519,991 $303,817 $216,174
2019 $5,946 $509,796 $297,860 $211,936
2018 $5,867 $499,800 $292,019 $207,781
2017 $3,900 $334,321 $110,847 $223,474
2016 $3,866 $327,766 $108,673 $219,093
2015 $3,836 $322,843 $107,040 $215,803
2014 $3,634 $316,519 $104,943 $211,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15162389

California Regional Multiple Listing Service (CRMLS)

APN: 930-235-08