NOT LISTED FOR SALE

511 S Palm Dr Brea, CA 92821

Estimated Value: $1,220,000 - $1,613,000

3 Beds
3.5 Baths
2,758 Sq Ft
$517/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $986,000 $358 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,460/month

59 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Arovista Elementary School Rated A-
  • Updated Kitchen
  • 4-minute walk to Craig Regional Park

About This Home

As of August 2019

BACK ON THE MARKET...From the moment you walk through the front door, you will know that you're home.You will be just the 3rd owner of this 3 bed/3.5 bath single story beauty originally built in 1956.This home has not only been remodeled, but the current owners added close to 1200 sq ft of living space.This property will be the go-to place for all of your parties and family functions.The open concept kitchen has high-end KitchenAid appliances including double oven, 6 burner range, built-in microwave, built-in refrigerator and 2 dishwashers.A huge kitchen island with prep sink was added in addition to a walk-in pantry. The master suite is fit for Royalty.Complete with a walk-in closet and separate area that can be used as an office or nursery.The en suite bathroom has rich dark cabinets and a huge walk-in shower with custom tile work.Step outside to your backyard oasis to take a dip in your sparkling salt water pool or stay under the shade provided by your Alumawood patio cover.The built-in BBQ with concrete countertops is where the grill master will claim his spot.One of the owners favorite features of this property is the half bath(pool bathroom)in the backyard that was added during the renovation.The two car garage has a pull through feature with a covered carport.Newer HVAC units, water heater w/circulating pump, HALO water filtration system, roof and sewer lines = piece of mind plus the efficiency of today's standards.

Last Agent to Sell the Property

Ryan Smith

List Right Realty Group License #01334440 Listed on: 05/14/2019

Co-Listed By

Derek Heller

List Right Realty Group License #02019103

Last Buyer's Agent

Kevin Kim

Circa Properties, Inc. License #01909123

Circa Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • On-Hand Building Permits

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway
  • On-Street Parking

Home Design

  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 2,758 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Pool Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Separate Shower

Pool

  • Filtered Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Arovista Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1527
  • Assessor Parcel Number 28437314

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Other - NA
  • View: Yes
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28437314
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2758.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Crown Molding, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 357.51
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Shower, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Pool
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Features: Private, Filtered, Gunite, Heated, Salt Water
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Carport, Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Free-Standing Range, Microwave, Range Hood, Refrigerator, Water Heater, Water Purifier
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • Elementary School: Arovista
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: AROVIS
  • High School2: BREOLI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Level, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 11797.00
  • Lot Size Acres: 0.2708

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11797.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.05
  • Tax Lot: 2
  • Tax Tract Number: 1527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jul 15, 2019
Sold by
Heller James E and Heller Brenda M
Bought by
Lim Andrew Christopher and Pham Thuc
Seller's Agent
Ryan Smith
List Right Realty Group
Buyer's Agent
Kevin Kim
Circa Properties, Inc.
List Price
$999,999
Sold Price
$986,000
Premium/Discount to List
-$13,999
-1.4%
Current Estimated Value
$1,425,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,243
Avg. Annual Appreciation
5.97%
Original Mortgage
$788,000
Outstanding Balance
$678,230
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$747,013

Purchase Details

Closed on
Mar 3, 2017
Sold by
Heller James E and Heller Brenda M
Bought by
Heller James E and Heller Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Anderson Nellie
Bought by
Heller James E and Heller Brenda M

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
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Lim Andrew Christopher $986,000 First American Title Company
Heller James E -- Accomodation
Heller James E -- Pacific Coast Title Company
Heller James E $500,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Andrew Christopher $788,000
Previous Owner Heller James E $307,000
Previous Owner Heller James E $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $986,000 -1.4% $358 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $999,999 0.0% $363 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $999,999 -6.5% $363 / Sq Ft
05/31/2019 05/31/19 Price Changed $1,070,000 -1.4% $388 / Sq Ft
05/14/2019 05/14/19 For Sale $1,085,000 -- $393 / 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 $11,902 $1,078,332 $781,379 $296,953
2024 $11,902 $1,057,189 $766,058 $291,131
2023 $11,575 $1,036,460 $751,037 $285,423
2022 $11,472 $1,016,138 $736,311 $279,827
2021 $11,254 $996,214 $721,873 $274,341
2020 $11,180 $986,000 $714,472 $271,528
2019 $8,126 $708,987 $438,952 $270,035
2018 $7,075 $610,713 $430,345 $180,368
2017 $6,458 $554,788 $421,907 $132,881
2016 $6,331 $543,910 $413,634 $130,276
2015 $6,243 $535,740 $407,420 $128,320
2014 $6,063 $525,246 $399,439 $125,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19111778

California Regional Multiple Listing Service (CRMLS)

APN: 284-373-14