$550,000
SOLD APR 6, 2012

4981 Malaga Dr La Palma, CA 90623

4 Beds
2.5 Baths
2,285 Sq Ft
5,066 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

7% Below List Price

168 Days on Market

Highlights

  • Cathedral Ceiling
  • Modern Architecture
  • 2 Car Attached Garage
  • Steve Luther Elementary School Rated A-
  • Double Door Entry
  • Double Pane Windows

About This Home

As of July 2025

*** $$30,000 PRICE REDUCTION!! *** Standard sale by Motivated Seller! Move-in Ready. Great Home located in a very desirable area of La Palma with very Bright and open floor plan. Double-entry doors, formal Living room with Vaulted ceilings, Spacious family room with fireplace and large Master Suite with walk-in closet. Luther Elementary, Walker Jr. High, Kennedy high and Oxford Academy District.

Last Agent to Sell the Property

Hannah Hong

Coldwell Banker Best Realty License #01413414 Listed on: 09/06/2011

Coldwell Banker Best Realty

Last Buyer's Agent

Andy Teng

Treeline Realty & Investment License #01395817

Treeline Realty & Investment

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 1976

Lot Details

  • 5,066 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,285 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Garden Windows
  • Double Door Entry
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 26223415

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,746

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-451-1700
  • Property Attached: No
  • View: No
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26223415
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2285.00
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Fireplace Features: Electric, Gas, Masonry, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 240.70
  • Room Type: All Bedrooms Up
  • Window Features: Custom Covering, Double Pane Windows, Garden Window(s)

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Microwave, Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Anaheim Union High

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5066.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5066.0000 Square Feet

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%
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

Range of Values:

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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 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: P795437

California Regional Multiple Listing Service (CRMLS)

APN: 262-234-15