NOT LISTED FOR SALE

5051 Alder Ln La Palma, CA 90623

Estimated Value: $1,173,000 - $1,326,000

4 Beds
2.5 Baths
2,357 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $695,000 $295 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,581/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • No HOA
  • Los Coyotes Elementary School Rated A
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of July 2015

IMMACULATE TWO STORY WITHIN ONE OF THE FINEST AREAS OF LA PALMA. This four bedroom, recently renovated, home nestled in the heart of La Palma boasts gorgeous curb appeal, new hardwood floors, granite kitchen counters, stainless appliances, vinyl windows, plantation shutters, canned lighting, custom shower wraps in both master and guest, new tile, fresh interior/exterior paint, new carpet, nice backyard for entertaining and much more. This property is ready to be moved in to and a must see!!

Last Agent to Sell the Property

Phil Tripoli

Ardor Homes License #01400352 Listed on: 06/15/2015

Co-Listed By

Steve Schroer

Ardor Homes License #01745097

Last Buyer's Agent

C Jen

JENOAK PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,352

Year Built

  • Built in 1975

Lot Details

  • 5,805 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,357 Sq Ft Home
  • Dry Bar
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 8658
  • Assessor Parcel Number 26330138

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,352

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Ponderosa Homes (PON)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26330138
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2357.00
  • Interior Amenities: Dry Bar, Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 294.87
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5805.00
  • Price Per Lot Square Foot: 119.72
  • Lot Size Acres: 0.1330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5805.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 102
  • Tax Tract Number: 8658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2018
Sold by
Cheng Nancy Bui
Bought by
Cheng Henry Ha
Current Estimated Value
$1,248,422

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 23, 2015
Sold by
P Assets Inc
Bought by
Cheng Robert Q and Cheng Nancy B
Seller's Agent
Phil Tripoli
Ardor Homes
Buyer's Agent
C Jen
JENOAK PROPERTIES
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$495,000
Outstanding Balance
$397,451
Interest Rate
4.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$894,708

Purchase Details

Closed on
Jan 15, 2015
Sold by
Lee Dong W
Bought by
P Assets Inc

Purchase Details

Closed on
Nov 4, 2011
Sold by
Lee Dong W
Bought by
Lee Dong W and Jiang Yu Zhen

Purchase Details

Closed on
Apr 21, 2006
Sold by
Lee Dong W and Lee Hye Jin
Bought by
Lee Dong W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2004
Sold by
Lee Dong W
Bought by
Lee Dong W and Lee Hye Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Panganiban Pilar C
Bought by
Lee Dong W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2000
Sold by
Panganiban Pilar C
Bought by
Panganiban Pilar C and Pilar C Panganiban Revocable Trust
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
Cheng Robert Q $695,000 First American Title Co
P Assets Inc $577,100 None Available
Lee Dong W -- None Available
Lee Dong W -- Chicago Title Co
Lee Dong W -- --
Lee Dong W $599,000 Commonwealth Land Title
Lee Dong W -- Commonwealth Land Title
Panganiban Pilar C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Robert Q $495,000
Closed Cheng Robert Q $100,000
Previous Owner Lee Dong W $130,000
Previous Owner Lee Dong W $477,500
Previous Owner Lee Dong W $167,000
Previous Owner Lee Dong W $417,000
Previous Owner Lee Dong W $449,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $695,000 0.0% $295 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $695,000 -- $295 / 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 $9,352 $825,715 $638,275 $187,440
2024 $9,352 $809,525 $625,760 $183,765
2023 $9,125 $793,652 $613,490 $180,162
2022 $9,016 $778,091 $601,461 $176,630
2021 $8,888 $762,835 $589,668 $173,167
2020 $8,839 $755,014 $583,622 $171,392
2019 $8,612 $740,210 $572,178 $168,032
2018 $8,426 $723,078 $560,959 $162,119
2017 $8,157 $708,900 $549,959 $158,941
2016 $8,002 $695,000 $539,175 $155,825
2015 $6,771 $588,186 $435,068 $153,118
2014 $6,426 $576,665 $426,546 $150,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15129195

California Regional Multiple Listing Service (CRMLS)

APN: 263-301-38