NOT LISTED FOR SALE

Estimated Value: $731,000 - $763,000

2 Beds
2.5 Baths
1,539 Sq Ft
$318/mo HOA Fee

Last Sold August 14, 2020

Last sale price $510,000 $331 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,779/month

21 Days on Market

Highlights

  • Open Floorplan
  • Modern Architecture
  • Granite Countertops
  • Wood Flooring
  • High Ceiling
  • 2-minute walk to Madison Circle Park

About This Home

As of August 2020

Welcome to 471 Magnolia Ave, an adorable condo found in the heart of the Magnolia Lane community. This charming 2 bedroom, 3 bathroom home features an open floor plan, hardwood floors, and built-in office area. Natural light floods the space and high ceilings bring a sentiment of spaciousness. The layout of this home lends itself to a comfortable lifestyle with the living area flowing into the dining area, which is directly off a spacious kitchen. Complete with granite countertops and upgraded appliances, the kitchen opens into a quaint patio, making the home perfect for entertaining on warm summer nights. Get the popcorn popping for a cozy movie night in the family room that features a ceiling-mounted projector and screen that can roll up to be inconspicuous when not in use. Upstairs, you’ll find an elegant master suite that boasts an oversized walk-in closet, dual sinks, and tile countertops. Other amenities include a spacious secondary bedroom and a built-in office/desk. Enjoy the well-maintained association picnic area, playground, and lush grass space. This community is conveniently located near schools, restaurants, golf courses, parks, shopping centers, and the 5 and 91 freeways. The care put into this home is obvious from the feeling of warmth and comfort prevalent throughout. Come see what makes this house special.

Last Agent to Sell the Property

Kathy Leimkuhler

First Team Real Estate License #01831094 Listed on: 06/26/2020

First Team Real Estate

Co-Listed By

Alisha Tasch

First Team Real Estate License #02060799

Last Buyer's Agent

Jin Hong

Premier Realty License #01493237

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,237

Year Built

  • Built in 2006 | Remodeled

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Modern Architecture

Interior Spaces

  • 1,539 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Entryway
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

Schools

  • Peter Marshall Elementary School
  • Dale Middle School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16640
  • Assessor Parcel Number 93835292

Community Details

Overview

  • 144 Units
  • Magnolia Lane Sub. Association, Phone Number (949) 450-0202
  • Magnolia Lane Master Association
  • Action Property Management HOA
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Playground

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,237

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Furniture is negotiable
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Magnolia Lane
  • View: No
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93835292
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1539.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Decorative
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 331.38
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Magnolia Lane Master
  • Amenities: Picnic Area, Playground, Maintenance Grounds
  • Association Fee: 215.52
  • Association #2 Fee: 102.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Lane Sub.
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Action Property Management

Schools

  • Elementary School: Peter Marshall
  • Middle Or Junior School: Dale
  • Elementary School #2: PETMAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 144
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 868.03
  • Tax Lot: 2
  • Tax Tract Number: 16640

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 24, 2020
Sold by
Roberts David Starr and Lovell Chloe Abbey
Bought by
Kim Dae Young and Yoon Sun Young
Seller's Agent
Kathy Leimkuhler
First Team Real Estate
Buyer's Agent
Jin Hong
Premier Realty
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$747,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,643
Avg. Annual Appreciation
7.62%
Original Mortgage
$494,700
Outstanding Balance
$437,845
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$309,798

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 19, 2019
Sold by
Kang Chang Soo and Choe Yoon Hee
Bought by
Roberts David Starr and Lovell Chloe Abbey
Seller's Agent
Miae Edlund
T.N.G. Real Estate Consultants
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$479,900
Sold Price
$479,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$455,905
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2012
Closed on
Mar 7, 2012
Sold by
Magnolia Trust #471
Bought by
Kang Chang Soo and Choe Yoon Hee
Seller's Agent
Grant Doelp
Red Fox Properties
Buyer's Agent
Miae Edlund
T.N.G. Real Estate Consultants
List Price
$305,000
Sold Price
$300,000
Premium/Discount to List
-$5,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$240,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Rutger Rodelio
Bought by
Magnolia Trust #471 and Cal Max Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Kb Home Coastal Inc
Bought by
Rutger Rodelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,776
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Kim Dae Young $510,000 Western Resources Title
Roberts David Starr $480,000 Stewart Title
Kang Chang Soo $300,000 First American Title Company
Magnolia Trust #471 -- None Available
Rutger Rodelio $483,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Dae Young $494,700
Previous Owner Roberts David Starr $455,905
Previous Owner Kang Chang Soo $240,000
Previous Owner Rutger Rodelio $386,776
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $510,000 0.0% $331 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $510,000 +6.3% $331 / Sq Ft
03/28/2019 03/28/19 Sold $479,900 0.0% $312 / Sq Ft View Prior Sale
02/19/2019 02/19/19 For Sale $479,900 0.0% $312 / Sq Ft
02/15/2019 02/15/19 Off Market $479,900 -- --
02/15/2019 02/15/19 Pending -- -- --
02/10/2019 02/10/19 Price Changed $479,900 -2.0% $312 / Sq Ft
01/20/2019 01/20/19 Price Changed $489,900 +2.1% $318 / Sq Ft
01/18/2019 01/18/19 For Sale $479,900 +60.0% $312 / Sq Ft
05/03/2012 05/03/12 Sold $300,000 -1.6% $201 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $305,000 -- $205 / 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 $6,237 $552,040 $287,582 $264,458
2024 $6,237 $541,216 $281,943 $259,273
2023 $6,077 $530,604 $276,414 $254,190
2022 $6,020 $520,200 $270,994 $249,206
2021 $5,949 $510,000 $265,680 $244,320
2020 $5,750 $489,600 $237,779 $251,821
2019 $4,050 $337,793 $108,754 $229,039
2018 $4,001 $331,170 $106,621 $224,549
2017 $3,862 $324,677 $104,530 $220,147
2016 $3,843 $318,311 $102,480 $215,831
2015 $3,811 $313,530 $100,940 $212,590
2014 $3,622 $307,389 $98,963 $208,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20123753

California Regional Multiple Listing Service (CRMLS)

APN: 938-352-92