NOT LISTED FOR SALE

487 La Floresta Dr Brea, CA 92823

Estimated Value: $1,068,000 - $1,221,000

4 Beds
3 Baths
1,876 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $900,000 $480 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,217/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Main Floor Bedroom
  • Olinda Elementary School Rated A
  • Clubhouse
  • End Unit

About This Home

As of August 2021

A charming two-story Mediterranean-style townhome in a master-planned community of the Paseo at La Floresta. This beautiful end unit home offers 1867 square feet of living space, 4 bedrooms, including one bedroom on the first level, 3 bathrooms, 2 car garages, and cozy front courtyards. The innovative interiors are designed for family living where a spacious Great Room flows into the gourmet kitchen and dining areas. The white Thermo foil modern kitchen cabinet with Stainless steel appliances with refrigerator included, built-in dishwasher, granite slab countertops, and Center Island. Generous master suites with sizable walk-in closets, Plentiful of storage spaces. All bedrooms with a lot of windows allow natural light to flood into the room, all through the day…Additionally; this home is built into energy efficiency included Low-E dual glazed windows, tank-less water heater, and water-saving plumbing fixtures. Upgraded tile flooring and bathroom backsplash with stone listello in all bathrooms. Wood shutters and woven wood shade for window treatment. La Floresta community offers abundant amenities like a heated swimming pool, spa, clubhouse, playground, BBQ and picnic area, walking trail with exercise stations. Convenient location where residents can walk to villages parks, restaurants, markets,and shops. Renowned Brea-Olinda Unified School District. Easy access to Fwy 57 & Fwy 91, close to Brea Mall. Residents enjoy the live-work-play lifestyle at the Paseo at “La Floresta”.

Last Agent to Sell the Property

Tiffanie Wang

Keller Williams Premier Prop License #01792725 Listed on: 07/15/2021

Keller Williams Premier Prop

Last Buyer's Agent

John Kim

RE/MAX College Park Realty License #01964575

RE/MAX College Park Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • End Unit
  • 1 Common Wall
  • East Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Planned Development

Interior Spaces

  • 1,876 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Corian Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Schools

  • Olinda Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 17159
  • Assessor Parcel Number 93996254

Community Details

Overview

  • 112 Units
  • Keystone Association, Phone Number (949) 833-2600
  • First Residential HOA
  • Maintained Community

Amenities

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

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93996254
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1876.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Open Floorplan
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 479.74
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Corian Counters, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Direction Faces: East
  • Pool Features: Association, Community, Fenced, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Water Heater, Gas & Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Softener
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Gas, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Clubhouse, Meeting Room, Electricity, Gas, Maintenance Grounds, Management
  • Association Fee: 203.00
  • Association #2 Fee: 149.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Keystone
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
  • Association Management: First Residential

Schools

  • Elementary School: Olinda
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: OLINDA
  • High School2: BREOLI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Walkstreet

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 112
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.15
  • Tax Lot: 11
  • Tax Tract Number: 17159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 3, 2021
Sold by
Lam Walter and Lam Peggie Kwok
Bought by
Shin Sang S and Shin Wheja
Seller's Agent
Tiffanie Wang
Keller Williams Premier Prop
Buyer's Agent
John Kim
RE/MAX College Park Realty
List Price
$886,000
Sold Price
$900,000
Premium/Discount to List
$14,000
1.58%
Current Estimated Value
$1,142,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,717
Avg. Annual Appreciation
5.50%
Original Mortgage
$615,000
Outstanding Balance
$560,059
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$582,658

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 8, 2015
Sold by
Standard Pacific Corp
Bought by
Lam Walter and Lam Peggie Kwok
Seller's Agent
Suzanne Ek
CalAtlantic Group, Inc.
Buyer's Agent
Suzanne Ek
CalAtlantic Group, Inc.
List Price
$637,900
Sold Price
$612,500
Premium/Discount to List
-$25,400
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$300,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Shin Sang S $900,000 Old Republic Title Company
Lam Walter $612,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Sang S $615,000
Previous Owner Lam Walter $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $900,000 +1.6% $480 / Sq Ft
07/15/2021 07/15/21 For Sale $886,000 +44.7% $472 / Sq Ft
06/05/2015 06/05/15 Sold $612,500 -4.0% $328 / Sq Ft View Prior Sale
04/06/2015 04/06/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $637,900 -- $342 / 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 $11,024 $955,087 $639,221 $315,866
2024 $11,024 $936,360 $626,687 $309,673
2023 $10,716 $918,000 $614,399 $303,601
2022 $10,607 $900,000 $602,351 $297,649
2021 $8,232 $680,071 $387,722 $292,349
2020 $8,176 $673,098 $383,746 $289,352
2019 $8,018 $659,900 $376,221 $283,679
2018 $7,896 $646,961 $368,844 $278,117
2017 $7,747 $634,276 $361,612 $272,664
2016 $7,594 $621,840 $354,522 $267,318
2015 $5,072 $393,330 $130,027 $263,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21152050

California Regional Multiple Listing Service (CRMLS)

APN: 939-962-54