$1,200,000
SOLD JUL 16, 2025

4981 Malaga Dr La Palma, CA 90623

4 Beds
3 Baths
2,281 Sq Ft
5,066 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

14% Below List Price

52 Days on Market

Highlights

  • Solar Power System
  • City Lights View
  • Wood Flooring
  • Steve Luther Elementary School Rated A-
  • Updated Kitchen
  • High Ceiling

About This Home

As of July 2025

Experience the comfort of numerous upgrades, including high ceiling, modernized kitchens, entire floor renovations, and beautifully updated master bedrooms. Freshly painted throughout, this home also features a fully paid-off solar system, significantly reducing your electricity costs. Located in a top-rated school district, prestigious Oxford Academy school just driving minutes away.

Last Agent to Sell the Property

Lan Mi

TopSky Realty Inc. Brokerage Email: lili8383@hotmail.com License #01927759 Listed on: 05/01/2025

Last Buyer's Agent

Carnie Chung

T.N.G. Real Estate Consultants License #01433245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1976

Lot Details

  • 5,066 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Living Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment
  • Energy-Efficient Thermostat
  • Solar Power System

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 8777
  • Assessor Parcel Number 26223415
  • $392 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,746

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26223415
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2281.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 526.09
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Anaheim Union High

Green Features

  • Efficiency: HVAC, Thermostat
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5066.00
  • Lot Size Acres: 0.1163

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5066.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.02
  • Tax Lot: 68
  • Tax Tract Number: 8777
  • TaxOtherAnnualAssessmentAmount: 392.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jul 2, 2025
Sold by
Li Yan and Wu Ying
Bought by
2020 Lee Family Trust and Lee
Seller's Agent
Lan Mi
TopSky Realty Inc.
Buyer's Agent
Carnie Chung
T.N.G. Real Estate Consultants
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Total Days on Market
52
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.22%

Purchase Details

Closed on
Aug 11, 2024
Sold by
Li Yan
Bought by
Li Yan and Wu Ying

Purchase Details

Closed on
Mar 5, 2015
Sold by
Li Yan and Yan Li
Bought by
Li Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 6, 2011
Closed on
Feb 22, 2012
Sold by
Filho Francisco Moacir
Bought by
Yan Li
Seller's Agent
Hannah Hong
Coldwell Banker Best Realty
Buyer's Agent
Andy Teng
Treeline Realty & Investment
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Jul 13, 2009
Sold by
Pourmand Esmail and Pourmand Mandana
Bought by
Filho Francisco Moacir Pinto

Purchase Details

Closed on
Feb 6, 2004
Sold by
Pourmand Esmail and Pourmand Mandana
Bought by
Pourmand Esmail and Pourmand Mandana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Sold by
Paymozd Saeed
Bought by
Pourmand Esmail and Khaleghian Massoumeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
6.75%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Rhee Thomas
Bought by
Paymozd Saeed

Purchase Details

Closed on
Mar 12, 1999
Sold by
Thomas Rhee and Thomas Joanne
Bought by
Rhee Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.73%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 24, 1994
Sold by
Kim Joseph M and Kim Christine B
Bought by
Rhee Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
7%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,200,000 California Best Title
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Grant Deed $550,000 Fidelity National Title
Grant Deed $610,000 Stewart Title Of California
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Grant Deed $366,000 First Southwestern Title Co
Trustee Deed $139,000 Orange Coast Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $223,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $327,500 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $395,000 New Conventional
Previous Owner $292,800 No Value Available
Previous Owner $110,000 Unknown
Previous Owner $72,000 Credit Line Revolving
Previous Owner $170,000 Balloon
Previous Owner $178,400 No Value Available
Closed $73,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $4,900 +2.1% $2 / Sq Ft
07/22/2025 07/22/25 For Rent $4,800 0.0% --
07/16/2025 07/16/25 Sold $1,200,000 -2.4% $526 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/10/2025 06/10/25 Price Changed $1,229,000 -1.6% $539 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,249,000 -3.8% $548 / Sq Ft
05/01/2025 05/01/25 Price Changed $1,299,000 -7.1% $569 / Sq Ft
05/01/2025 05/01/25 For Sale $1,399,000 +154.4% $613 / Sq Ft
04/06/2012 04/06/12 Sold $550,000 -1.6% $241 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
11/28/2011 11/28/11 Price Changed $559,000 -5.1% $245 / Sq Ft
09/06/2011 09/06/11 For Sale $589,000 -- $258 / 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
2024 $7,746 $677,278 $505,686 $171,592
2023 $7,571 $663,999 $495,771 $168,228
2022 $7,486 $650,980 $486,050 $164,930
2021 $7,388 $638,216 $476,519 $161,697
2020 $7,360 $631,672 $471,633 $160,039
2019 $7,151 $619,287 $462,386 $156,901
2018 $7,056 $607,145 $453,320 $153,825
2017 $6,812 $595,241 $444,432 $150,809
2016 $6,756 $583,570 $435,718 $147,852
2015 $6,709 $574,805 $429,173 $145,632
2014 $6,350 $563,546 $420,766 $142,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25094958

California Regional Multiple Listing Service (CRMLS)

APN: 262-234-15