NOT LISTED FOR SALE

5061 Burke Ln Yorba Linda, CA 92886

Estimated Value: $1,085,588 - $1,394,000

4 Beds
3 Baths
2,135 Sq Ft
$547/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $820,000 $384 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,258/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Two Story Ceilings
  • Linda Vista Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of March 2021

Largest floorplan, former model home, end unit townhouse in the highly desirable Covington community. Super light, bright, and spacious, with over $200K in custom upgrades! The entryway and dining room feature dramatic 20 foot ceilings, part of an open floorplan connecting the spacious gourmet chef's kitchen, with professional appliances and huge center island, to the living room with gas fireplace and built-in shelves. Beyond the living room is a walled private patio with gate. The lower level also features the 4th bedroom and full bath. The upstairs features a spacious loft area in the center that can serve as a second living room, play area, office, etc. Off of the loft are a large master bedroom with amazing upgraded master bathroom complete with walk-in closet with built-in shelving, separate commode area, luxuriously large sunken tub, and double sinks. At the opposite end upstairs are another full bath and two additional good-sized bedrooms, one with a walk-in closet. There is also a laundry room with included washer and dryer as well as built-in shelves. The attached 2.5 car garage includes plenty of space for storage and even includes commercial shelving! The Covington community is ideally located within walking distance to the new Yorba Linda Town Center, premium grocery stores, parks, walking trails, and the Nixon Library. The community also has its own lovely and well maintained grassy park, pool, spa, and clubhouse. Excellent Placentia Yorba Schools!

Last Agent to Sell the Property

Simon Chen

The Century Pacific Group, Inc License #01360155 Listed on: 01/21/2021

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,823

Year Built

  • Built in 2016

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 2,135 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Two Story Ceilings
  • Electric Fireplace
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Home Security System

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Tankless Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17548
  • Assessor Parcel Number 93958089

Community Details

Overview

  • 41 Units
  • Covington Association, Phone Number (949) 855-1800
  • Seabreeze HOA
  • Covington Classics Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,823

Year Built

Built in 2016

Lot Details

0

HOA Fees

$294 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Washer, Dryer, Range, Microwave, Hood, Dishwasher, Oven, Garage Shelving
  • Property Attached: Yes
  • Security: Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • Subdivision Name Other: Covington Classics (COVC)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93958089
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2135.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Two Story Ceilings, Wired for Data, Wired for Sound
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Electric
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 384.07
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bidet, Shower, Shower In Tub, Double Sinks In Bath(s), Dual Shower Heads (or Multiple)
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Quartz Counters, Self-Closing Drawers

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Recreation Room
  • Association Fee: 294.00
  • Association Fee Frequency: Monthly
  • Association Name: Covington
  • Phone: 9498551800
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks, Street Lights, Suburban
  • Association Management: Seabreeze

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.88778000

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 41
  • 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 21, 2021
Closed on
Feb 2, 2021
Sold by
Chen Cynthia H and Chen Simon L
Bought by
Patel Krishna
Seller's Agent
Simon Chen
The Century Pacific Group, Inc
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$825,000
Sold Price
$820,000
Premium/Discount to List
-$5,000
-0.61%
Current Estimated Value
$1,168,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,147
Avg. Annual Appreciation
7.89%
Original Mortgage
$656,000
Outstanding Balance
$586,720
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$581,427

Purchase Details

Closed on
May 24, 2016
Sold by
Covington Group Llc
Bought by
Chen Cynthia H and Chen Simon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Patel Krishna $820,000 Chicago Title Company
Chen Cynthia H $749,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Krishna $656,000
Previous Owner Chen Cynthia H $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $820,000 -0.6% $384 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $825,000 0.0% $386 / Sq Ft
07/03/2018 07/03/18 Rented $3,495 0.0% --
06/28/2018 06/28/18 For Rent $3,495 0.0% --
09/27/2017 09/27/17 Rented $3,495 0.0% --
09/18/2017 09/18/17 Price Changed $3,495 -2.9% $2 / Sq Ft
09/14/2017 09/14/17 For Rent $3,600 -- --
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 $9,823 $887,593 $481,840 $405,753
2024 $9,823 $870,190 $472,392 $397,798
2023 $9,654 $853,128 $463,129 $389,999
2022 $9,570 $836,400 $454,048 $382,352
2021 $9,388 $818,734 $461,210 $357,524
2020 $9,296 $810,339 $456,480 $353,859
2019 $8,969 $794,450 $447,529 $346,921
2018 $8,859 $778,873 $438,754 $340,119
2017 $8,640 $763,601 $430,151 $333,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21013772

California Regional Multiple Listing Service (CRMLS)

APN: 939-580-89