NOT LISTED FOR SALE

5037 Burke Ln Yorba Linda, CA 92886

Estimated Value: $1,075,000 - $1,342,000

4 Beds
3 Baths
2,067 Sq Ft
$294/mo HOA Fee

Last Sold March 12, 2021

Last sale price $800,000 $387 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,110/month

7 Days on Market

Highlights

  • Spa
  • Clubhouse
  • High Ceiling
  • Linda Vista Elementary School Rated A
  • Main Floor Bedroom
  • Quartz Countertops

About This Home

As of March 2021

Have you ever wished your house looked exactly like the perfectly staged models you see from new home builders? Well, here is your chance! This gorgeous 4 bedroom was one of the original models from Brandywine homes and the upgrades SHOW IT! Your favorite Pinterest boards have nothing on this Covington charmer. The open floor plan, beautiful wood tile floors and entertainer’s kitchen will leave you smiling. With upstairs laundry, a main floor bedroom, and a family room wired with speakers perfect for movie night, there is something for everyone to be excited about. This little pocket development of 41 homes boasts the amenities of a much larger complex, while maintaining the character of a smaller community. With a playground, pool, spa, and a clubhouse - you will have plenty to do right at your fingertips. When you need to step out for a dinner or even a quick shopping trip, look no further than the new Yorba Linda Town Center located within walking distance of this home. This location also boasts easy access to Yorba Linda's famous bike & horse trails for when you need to grab some fresh air. This is a must see!

Last Agent to Sell the Property

Travis Harms

T.N.G. Real Estate Consultants License #01916029 Listed on: 01/20/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Kevin Kim

Real Broker License #01845504

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,599

Year Built

  • Built in 2015

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 2,067 Sq Ft Home
  • Wired For Sound
  • High Ceiling
  • Family Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Separate Shower

Schools

  • Linda Vista Elementary School
  • Yorba Linda Middle School
  • Esperanza High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Spa
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17548
  • Assessor Parcel Number 93958086

Community Details

Overview

  • 51 Units
  • Covington Community Association, Phone Number (949) 855-1800
  • Covington Classics Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,599

Year Built

Built in 2015

Lot Details

0

HOA Fees

$294 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Fire Sprinkler System, Security System
  • Subdivision Name Other: Covington Classics (COVC)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93958086
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2067.00 Square Feet
  • Interior Amenities: High Ceilings, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 387.03
  • Room Type: Main Floor Bedroom
  • Spa Features: Association
  • Bathroom Features: Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Clubhouse, Pets Permitted, Call for Rules
  • Association Fee: 294.00
  • Association Fee Frequency: Monthly
  • Association Name: Covington Community
  • Phone: 949-855-1800
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Covington Community

Schools

  • Elementary School: Linda Vista
  • High School: Esperanza
  • Middle Or Junior School: Yorba Linda
  • Elementary School #2: LINVIS
  • High School2: ESPERA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.88799900

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 51
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 218.23
  • Tax Lot: 1
  • Tax Tract Number: 17548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jan 30, 2021
Sold by
Tsao Makenna A
Bought by
Chung Dennis and Chung Veronica
Seller's Agent
Travis Harms
T.N.G. Real Estate Consultants
Buyer's Agent
Kevin Kim
Real Broker
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,143,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,768
Avg. Annual Appreciation
8.01%
Original Mortgage
$640,000
Outstanding Balance
$572,410
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$571,358

Purchase Details

Closed on
Aug 25, 2020
Sold by
Tsao Makennaa and Tsao Derek Tak
Bought by
Tsao Makennaa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Covington Group Llc
Bought by
Kapur Makenna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Chung Dennis $800,000 Fidelity Natl Ttl Orange Cnt
Tsao Makennaa -- Orange Coast Title
Kapur Makenna A $732,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Dennis $640,000
Previous Owner Tsao Makennaa $350,000
Previous Owner Kapur Makenna A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $800,000 0.0% $387 / Sq Ft
01/20/2021 01/20/21 For Sale $800,000 -- $387 / 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 $9,599 $865,945 $463,681 $402,264
2024 $9,599 $848,966 $454,589 $394,377
2023 $9,432 $832,320 $445,675 $386,645
2022 $9,351 $816,000 $436,936 $379,064
2021 $9,195 $800,804 $446,446 $354,358
2020 $9,024 $792,593 $441,868 $350,725
2019 $8,706 $777,052 $433,203 $343,849
2018 $8,598 $761,816 $424,709 $337,107
2017 $8,534 $746,879 $416,381 $330,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21011821

California Regional Multiple Listing Service (CRMLS)

APN: 939-580-86