NOT LISTED FOR SALE

471 Raya Ln Brea, CA 92823

Estimated Value: $1,078,000 - $1,221,000

4 Beds
3 Baths
1,876 Sq Ft
$608/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $860,000 $458 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,186/month

6 Days on Market

Highlights

  • No Units Above
  • Clubhouse
  • Neighborhood Views
  • Olinda Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of June 2021

Exceptional Mediterranean-style townhome in the highly desirable community at the Paseo La Floresta is now available! Rare 4 bedrooms, 3 baths END UNIT with a generous 1,876 SQFT of livable space invites you through the expansive stone-infused courtyard into an open concept and easy flowing floorplan. Step inside the great room, you will appreciate the light and bright living room, formal dining, gourmet granite kitchen with newer countertops, white cabinets, and a center island that offers additional casual seating and meal prep areas. This two-level townhome is perfect for the modern-day family or elders being that it offers a desirable downstairs bedroom and bathroom. Downstairs flooring has high-density premium laminate flooring, recessed lighting, and newer windows with window treatments throughout. The upstairs level also inhabits wonderful natural lighting for all three remaining bedrooms, 2 bathrooms, and a laundry area. The spectacular grand master bedroom offers a shower separate from the tub, dual sinks, and plenty of closet space, leaving you with a feeling of being at a spa-like retreat! Plentiful linen storage completes the upper level. Get direct access to the attached two-car garage. You will see there the top-of-the-line water softener and water filter system from West Coast Water Filtration Company which is included in the purchase of this home! La Floresta amenities include a resort-style pool with an inviting outdoor kitchen and a fire-pit patio. Tree-lined trails with exercise stations, community parks with kids' play area. Walking distance to enjoy all the nice restaurants and shopping at the La Floresta Village center. Close to the Brea Mall, Downtown Brea, and Freeways. Brea living at its BEST. Excellent top-rated schools. Welcome home to 471 Raya Ln, at the Paseo La Floresta!

Last Agent to Sell the Property

Mark Hwang

Elevate Real Estate Agency License #01991861 Listed on: 05/22/2021

Elevate Real Estate Agency

Co-Listed By

Jessica Lu

Elevate Real Estate Agency License #01989751

Last Buyer's Agent

Minnie Li

Flyhomes License #02053724

Flyhomes

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 1,876 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,876 Sq Ft Home
  • Family Room
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 17159
  • Assessor Parcel Number 93996237

Community Details

Overview

  • 118 Units
  • La Floresta Association, Phone Number (714) 471-0632
  • Paseo Association
  • Keystone HOA
  • Park Paseo Subdivision
  • Maintained Community

Amenities

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

Recreation

  • Community Pool
  • Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

0

HOA Fees

$357 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Water Softener and water filter system
  • Property Attached: Yes
  • Subdivision Name Other: Park Paseo (PRKP)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93996237
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1876.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 458.42
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Paseo
  • Amenities: Pool, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Hiking Trails, Clubhouse, Maintenance Grounds, Pets Permitted
  • Association Fee: 149.00
  • Association #2 Fee: 208.00
  • Association Fee Frequency: Monthly
  • Association Name: La Floresta
  • Phone: 7144710632
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Park, Sidewalks, Street Lights
  • Association Management: Keystone

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1876.00
  • Lot Size Acres: 0.0431

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1876.0000 Square Feet
  • Number Of Units In Community: 118
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.15
  • Tax Lot: 7
  • Tax Tract Number: 17159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 1, 2021
Sold by
Yang Jeremiah Mo and Yang Priscilla Soo
Bought by
Li Zhao and Meng Xiaolin
Seller's Agent
Mark Hwang
Elevate Real Estate Agency
Buyer's Agent
Minnie Li
Flyhomes
List Price
$810,000
Sold Price
$860,000
Premium/Discount to List
$50,000
6.17%
Current Estimated Value
$1,140,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,169
Avg. Annual Appreciation
6.35%
Original Mortgage
$645,000
Outstanding Balance
$583,967
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$556,202

Purchase Details

Closed on
Sep 4, 2014
Sold by
Standard Pacific Corp
Bought by
Yang Jeremiah Mo and Yang Priscilla Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,200
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Zhao $860,000 California Best Title
Yang Jeremiah Mo $604,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhao $645,000
Previous Owner Yang Jeremiah Mo $483,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $860,000 +6.2% $458 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $810,000 0.0% $432 / Sq Ft
05/12/2020 05/12/20 Rented $3,300 -4.3% --
04/14/2020 04/14/20 For Rent $3,450 +1.5% --
05/12/2019 05/12/19 Rented $3,400 0.0% --
05/01/2019 05/01/19 Under Contract -- -- --
04/05/2019 04/05/19 Price Changed $3,400 +3.0% $2 / Sq Ft
04/02/2019 04/02/19 For Rent $3,300 -- --
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 $10,764 $930,890 $608,707 $322,183
2024 $10,764 $912,638 $596,772 $315,866
2023 $10,463 $894,744 $585,071 $309,673
2022 $10,356 $877,200 $573,599 $303,601
2021 $8,051 $670,649 $378,300 $292,349
2020 $7,996 $663,773 $374,421 $289,352
2019 $7,841 $650,758 $367,079 $283,679
2018 $7,720 $637,999 $359,882 $278,117
2017 $7,573 $625,490 $352,826 $272,664
2016 $7,422 $613,226 $345,908 $267,318
2015 $7,316 $604,015 $340,712 $263,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21110436

California Regional Multiple Listing Service (CRMLS)

APN: 939-962-37