NOT LISTED FOR SALE

5012 Olympic Dr Los Alamitos, CA 90720

Estimated Value: $1,155,000 - $1,437,000

3 Beds
2.5 Baths
2,197 Sq Ft
$598/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $1,024,000 $466 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,018/month

5 Days on Market

Highlights

  • Access To Lake
  • Heated In Ground Pool
  • Lake View
  • Jack L. Weaver Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of March 2023

This stunning 3-bedroom, 2.5-bathroom +bonus room home is quietly nestled inside the Parkewood Community in highly desired Los Alamitos. Recent updates include: scraped smooth coat ceilings and walls, brand new contemporary bathrooms, all new flooring, dual pane windows, new quartz kitchen countertops, new door hardware and pulls, and fresh interior paint. The property boasts a spacious vaulted ceiling bonus room overlooking The 5th fairway and lake at Navy Golf Course, perfect for a home office, family room, or entertainment area. The upstairs patio off the bonus room offers a peaceful outdoor escape and a perfect place to relax, watch some golf, or simply enjoy the warm California sun. With its desirable location, ample living space, modern amenities, association swimming pool, spa, and clubhouse, and very low association dues, this home checks all the boxes and is ready to be called home!

Last Agent to Sell the Property

Terry McCarty

Coldwell Banker Realty License #01239625 Listed on: 02/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Terry McCarty

Coldwell Banker Realty License #01239625 Listed on: 02/08/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,042

Year Built

  • Built in 1971

Lot Details

  • 2,590 Sq Ft Lot
  • Block Wall Fence
  • Fence is in good condition
  • Level Lot

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 2,197 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Double Pane Windows
  • Awning
  • Plantation Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Access To Lake
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 5868
  • Assessor Parcel Number 21724117
  • $637 per year additional tax assessments

Community Details

Overview

  • Parkewood Association, Phone Number (562) 799-0837
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,042

Year Built

Built in 1971

Lot Details

0

HOA Fees

$122 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Parkewood
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 21724117
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2197.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Living Room Balcony, Quartz Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 466.09
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association, Heated, In Ground
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Rain Gutters
  • View: Golf Course, Lake, Mountain(s)
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Patio And Porch Features: Patio, Rear Porch, Wrap Around
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Maintenance Grounds, Pets Permitted
  • Association Fee: 122.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkewood
  • Phone: 562-799-0837
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Parkewood

Schools

  • School District: Los Alamitos Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Park Nearby
  • Lot Size Sq Ft: 2590.00
  • Lot Size Acres: 0.0595

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2590.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 1100.15
  • Tax Lot: 68
  • Tax Tract Number: 5868
  • TaxOtherAnnualAssessmentAmount: 637.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 8, 2023
Sold by
Sl Residence Trust
Bought by
Lee Preston and Li Kimberly Shi
Seller's Agent
Terry McCarty
Coldwell Banker Realty
Buyer's Agent
Terry McCarty
Coldwell Banker Realty
List Price
$1,010,000
Sold Price
$1,024,000
Premium/Discount to List
$14,000
1.39%
Views
62
Current Estimated Value
$1,314,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,155
Avg. Annual Appreciation
10.07%
Original Mortgage
$819,200
Outstanding Balance
$793,296
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$520,859

Purchase Details

Closed on
May 5, 2022
Sold by
Sl Residence Trust
Bought by
Sl Residence Trust

Purchase Details

Closed on
Oct 18, 2013
Sold by
Chen Stephen C and Chen Lin Wei
Bought by
The Sl Residence Trust

Purchase Details

Closed on
Sep 25, 1996
Sold by
Chen Chia Chen Chia and Wei Lin Wei
Bought by
Chen Stephen C and Chen Lin Wei
Source: Public Records

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 Buyer Sale Price Title Company
Lee Preston $1,024,000 Ticor Title
Sl Residence Trust -- None Listed On Document
The Sl Residence Trust -- None Available
Chen Stephen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Preston $819,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $1,024,000 +1.4% $466 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $1,010,000 -- $460 / 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 $12,042 $1,065,369 $906,389 $158,980
2024 $12,042 $1,044,480 $888,617 $155,863
2023 $10,688 $918,000 $774,366 $143,634
2022 $7,037 $582,136 $401,703 $180,433
2021 $6,656 $570,722 $393,826 $176,896
2020 $6,685 $564,870 $389,787 $175,083
2019 $6,446 $553,795 $382,145 $171,650
2018 $6,148 $542,937 $374,652 $168,285
2017 $6,022 $532,292 $367,306 $164,986
2016 $5,909 $521,855 $360,104 $161,751
2015 $6,019 $514,017 $354,695 $159,322
2014 $5,809 $503,949 $347,747 $156,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23019499

California Regional Multiple Listing Service (CRMLS)

APN: 217-241-17