NOT LISTED FOR SALE

503 Cedar Ave Brea, CA 92821

Estimated Value: $1,026,000 - $1,155,000

3 Beds
2 Baths
1,520 Sq Ft
$714/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $660,000 $434 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,027/month

14 Days on Market

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Spanish Architecture
  • Arovista Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Craig Regional Park

About This Home

As of March 2016

Absolutely beautiful remodeled single-story home in Brea! You would think a designer lives here by all the upgrades and nice touches throughout. The outside stacked stone exterior and slate tile porch entrance and circular driveway set the relaxing and entertaining tone for this house. 3 bedrooms inside, 2 remodeled bathrooms, baseboards, recessed lighting, updated interior doors and wood flooring in the living room. Slate tile outlines the wood-burning fireplace in the family room through the entry into the upgraded galley kitchen. This gourmet kitchen has concrete counter tops, 5-burner gas stove, double oven, wine refrigerator and is open to the dining room. There is beautiful glass door leading to the outside breezeway and entertaining spaces. The breezeway is a great space between the house and detached garage and is used as a sitting area with a "weeping wall" fountain. Outside barbeque area with a bartop and stools, as well as lights across the yard to make any party setting perfect! Beautiful pool with another sitting area, as well as RV parking, and a dog run!!! There is so much this house offers, we know this will be on everyone's "to see" list right away! Close to shopping and all the fabulous restaurants by Birch Street!

Last Agent to Sell the Property

Darryl Jones

ERA North Orange County License #01076312 Listed on: 02/12/2016

Last Buyer's Agent

Ernie Dominguez

T.N.G. Real Estate Consultants License #00927810

T.N.G. Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 10,540 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Spanish Architecture
  • Turnkey
  • Interior Block Wall
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Sewer Paid
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1819
  • Assessor Parcel Number 28437104

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,190

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28437104
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1520.00
  • Interior Amenities: Block Walls, Ceiling Fan(s), Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Ell
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 434.21
  • Room Type: All Bedrooms Down, Family Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Drapes, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Satellite Dish
  • View: Pool
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Enclosed, Patio Open, Tile
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Stone, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Garage Faces Front, Garage, RV Access/Parking
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Double Oven, Dishwasher, Gas Range, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Brea-Olinda Unified

Lot Info

  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 10540.00
  • Price Per Lot Square Foot: 62.62
  • Lot Size Acres: 0.2420

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10540.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 1819

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2016
Closed on
Mar 10, 2016
Sold by
Colvin Todd and Colvin Maxine
Bought by
Mark & Jan Smith Living Trust
Seller's Agent
Darryl Jones
ERA North Orange County
Buyer's Agent
Ernie Dominguez
T.N.G. Real Estate Consultants
List Price
$699,999
Sold Price
$660,000
Premium/Discount to List
-$39,999
-5.71%
Current Estimated Value
$1,085,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,587
Avg. Annual Appreciation
5.33%
Original Mortgage
$116,000
Outstanding Balance
$91,813
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$993,774

Purchase Details

Closed on
Sep 6, 2001
Sold by
Colvin Todd C and Colvin Maxine
Bought by
Colvin Todd and Colvin Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 25, 2000
Sold by
Lee Rogers Alan and Lin Hwei Lin
Bought by
Colvin Todd C and Lawrence Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
8.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 14, 1997
Sold by
Gaston C O
Bought by
Rogers Alan Lee and Rogers Hwei Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

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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
Mark & Jan Smith Living Trust $660,000 First American Title Company
Colvin Todd -- Fidelity National Title Ins
Colvin Todd C $292,000 --
Rogers Alan Lee $165,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark & Jan Smith Living Trust $116,000
Previous Owner Colvin Todd $288,000
Previous Owner Colvin Todd C $233,600
Previous Owner Rogers Alan Lee $132,000
Closed Rogers Alan Lee $16,500
Closed Colvin Todd C $43,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $660,000 -5.7% $434 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $699,999 -- $461 / 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 $3,190 $267,580 $187,004 $80,576
2024 $3,190 $262,334 $183,337 $78,997
2023 $3,100 $257,191 $179,742 $77,449
2022 $3,065 $252,149 $176,218 $75,931
2021 $3,007 $247,205 $172,762 $74,443
2020 $2,986 $244,671 $170,991 $73,680
2019 $2,910 $239,874 $167,638 $72,236
2018 $2,865 $235,171 $164,351 $70,820
2017 $2,811 $230,560 $161,128 $69,432
2016 $4,440 $379,112 $289,056 $90,056
2015 $4,377 $373,418 $284,714 $88,704
2014 $4,250 $366,104 $279,137 $86,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16029427

California Regional Multiple Listing Service (CRMLS)

APN: 284-371-04