NOT LISTED FOR SALE

501 Magnolia Ave Brea, CA 92821

Estimated Value: $866,000 - $946,000

3 Beds
1 Bath
1,200 Sq Ft
$748/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $730,000 $608 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,362/month

16 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Corner Lot
  • Arovista Elementary School Rated A-
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of January 2023

Charming SINGLE-STORY HOME on a CORNER LOT in a highly sought-after Brea neighborhood! At the entry you are welcomed into a large living room that features beautiful wood flooring and a large window which brings in plenty of natural lighting. The kitchen includes plenty of cabinetry for storage, beautiful counter tops, stainless steel gas range, large window that overlooks the spacious backyard and is adjacent to the breakfast nook. Large primary bedroom with spacious closet, large window for natural lighting and beautiful wood flooring. Additional bedrooms are on the opposite side of the house and include wood flooring, windows with views of the backyard and plenty of closet space. Updated full bathroom down the hall. This beautiful backyard is ready for your next BBQ! Backyard includes HUGE lawn area, mature landscaping, small patio area and access to the garage. Close to Craig Regional Park, Downtown Brea, Brea Mall and short distance to CSUF. This home has No HOA and is located in the Award-Winning Brea Olinda Unified School District. This home is one you won't want to miss!

Last Agent to Sell the Property

Darryl Jones

ERA North Orange County License #01076312 Listed on: 12/01/2022

Last Buyer's Agent

Robert Cole

Real Brokerage Technologies, Inc License #01265803

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,830 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Lawn
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Home Design

  • Interior Block Wall

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Property is near park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1344
  • Assessor Parcel Number 28433210
  • $363 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: /
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28433210
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Block Walls, Ceiling Fan(s), Granite Counters, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 608.33
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Main Floor Full Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Self Cleaning Oven
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 7830.00
  • Lot Size Acres: 0.1798
  • Latitude Manual: 33.91181300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7830.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.05
  • Tax Lot: 10
  • Tax Tract Number: 1344
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Dec 21, 2022
Sold by
Anderson Evan and Anderson Jordynn
Bought by
Gutierrez Daniel and Gutierrez Dahlia
Seller's Agent
Darryl Jones
ERA North Orange County
Buyer's Agent
Robert Cole
Real Brokerage Technologies, Inc
List Price
$699,900
Sold Price
$730,000
Premium/Discount to List
$30,100
4.3%
Views
68
Current Estimated Value
$898,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,099
Avg. Annual Appreciation
7.13%
Original Mortgage
$657,000
Outstanding Balance
$635,564
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$262,535

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 3, 2017
Sold by
Zimardo Daniel David and Zimardo Janet Marie
Bought by
Andreson Evan and Anderson Jordynn
Seller's Agent
Debbie Freeman
Realty One Group West
Buyer's Agent
Jacob Bruce
Redfin
List Price
$519,000
Sold Price
$540,000
Premium/Discount to List
$21,000
4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$513,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Zimardo Daniel David and Fernandez Janet Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2009
Sold by
Larson David
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2001
Sold by
Larson Joanne M
Bought by
Larson A David

Purchase Details

Closed on
Jul 15, 1999
Sold by
Larson A
Bought by
Larson A David and Larson Joanne M

Purchase Details

Closed on
Mar 2, 1998
Sold by
Chiaravalloti Larson Joanne M
Bought by
Larson A David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
7.13%
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
Gutierrez Daniel $730,000 First American Title
Andreson Evan $540,000 Chicago Title Company
Zimardo Daniel David $355,000 Lawyers Title
Hsbc Bank Usa National Association $285,682 None Available
Larson A David -- First American Title Co
Larson A David -- First American Title Co
Larson A David -- --
Larson A David -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Daniel $657,000
Previous Owner Andreson Evan $513,000
Previous Owner Zimardo Daniel David $348,570
Previous Owner Larson A David $119,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2023 01/17/23 Sold $730,000 +4.3% $608 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $699,900 +29.6% $583 / Sq Ft
05/31/2017 05/31/17 Sold $540,000 +4.0% $558 / Sq Ft View Prior Sale
04/21/2017 04/21/17 For Sale $519,000 -- $536 / 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 $8,553 $759,492 $718,126 $41,366
2024 $8,553 $744,600 $704,045 $40,555
2023 $6,930 $602,378 $569,016 $33,362
2022 $6,866 $590,567 $557,859 $32,708
2021 $6,738 $578,988 $546,921 $32,067
2020 $6,693 $573,052 $541,313 $31,739
2019 $6,513 $561,816 $530,699 $31,117
2018 $6,416 $550,800 $520,293 $30,507
2017 $4,620 $394,834 $357,672 $37,162
2016 $4,528 $387,093 $350,659 $36,434
2015 $4,464 $381,279 $345,392 $35,887
2014 $4,334 $373,811 $338,626 $35,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22248819

California Regional Multiple Listing Service (CRMLS)

APN: 284-332-10