NOT LISTED FOR SALE

5125 Cornwall Dr La Palma, CA 90623

Estimated Value: $625,000 - $685,000

2 Beds
1 Bath
925 Sq Ft
$330/mo HOA Fee

Last Sold May 18, 2024

Last sale price $660,000 $714 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,143/month

21 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • 2 Car Detached Garage
  • Clara J. King Elementary School Rated A-
  • Living Room with Fireplace
  • Central Heating and Cooling System

About This Home

As of May 2024

Discover your dream home nestled in the heart of La Palma Village, where convenience meets comfort. This end unit boasts an enviable location overlooking the sparkling pool, offering a serene backdrop to everyday living. Step inside to be greeted by the timeless elegance of wood laminate floors, enhancing the spaciousness and warmth of this single-story abode. The convenience of a side-by-side 2-car garage seamlessly connects to the townhome through a generous large private patio, providing both security and convenience. Impeccably maintained by the seller for 20 years, this home exudes pride of ownership with numerous upgrades awaiting your discovery. Prepare to be impressed by the impeccable cleanliness that welcomes you at every turn. Join a vibrant community of 202 units, where lush greenery, a refreshing swimming pool, an inviting spa, and ample street parking invite you to embrace a lifestyle of leisure and relaxation. Explore schools and parks conveniently nearby, enhancing daily life with accessibility and recreation options. Experience year-round comfort with new central A/C and heating, floor, and paint ensuring your utmost comfort regardless of the season. Plus, enjoy the added benefit of low HOA fees, making this an opportunity not to be missed. Don't let this gem slip away!

Last Agent to Sell the Property

Kyung Kim

Dream Realty & Investments Inc License #02044016 Listed on: 03/27/2024

Co-Listed By

Kyung Kim

Dream Realty & Investments Inc License #01492024

Last Buyer's Agent

Donna Benevento

Coldwell Banker Realty License #01241560

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1971

Lot Details

  • 1,777

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 262-391-20

Community Details

Overview

  • 202 Units

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,301

Year Built

Built in 1971

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: La Palma Village
  • Entry Floor: 1
  • Living Area: 925
  • Lot Acreage: 0.0408
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1971
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 702.70

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Pool, Clubhouse, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 330.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 262-391-20
  • Lot Size Area: 1776

Multi Family

  • Number Of Units: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 14, 2024
Sold by
Chu Pak Hyon
Bought by
Laird Renee L
Seller's Agent
Kyung Kim
Dream Realty & Investments Inc
Buyer's Agent
Donna Benevento
Coldwell Banker Realty
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
30
Current Estimated Value
$649,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,581
Avg. Annual Appreciation
0.47%
Original Mortgage
$462,000
Outstanding Balance
$457,559
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$206,361

Purchase Details

Closed on
Mar 19, 2002
Sold by
Ward Toni L
Bought by
Pak Hyon Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 8, 2002
Sold by
Hwang In Chul
Bought by
Pak Hyon Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 1998
Sold by
Ward Toni L and Ward Toni Lyunn
Bought by
Ward Toni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1998
Sold by
Jewett Joni Lynn
Bought by
Ward Toni Lyunn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1996
Sold by
Prince Gary Robert
Bought by
Ward Tony Lynn and Jewett Joni Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.46%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Colburn Steven C and Colburn Andrea K
Bought by
Prince Gary Robert and Gary Robert Prince Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.46%
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
Laird Renee L $660,000 Pacific Coast Title
Pak Hyon Chu $185,000 Fidelity National Title Ins
Pak Hyon Chu -- Fidelity National Title Ins
Ward Toni L -- Fidelity National Title Co
Ward Toni Lyunn -- Fidelity National Title Co
Ward Tony Lynn $116,000 North American Title Co
Jewett Joni Lynn -- North American Title
Ward Toni Lynn -- North American Title Co
Prince Gary Robert -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laird Renee L $462,000
Previous Owner Pak Hyon Chu $71,000
Previous Owner Pak Hyon Chu $29,000
Previous Owner Pak Hyon Chu $177,000
Previous Owner Chu Hyon $45,000
Previous Owner Pak Hyon Chu $185,000
Previous Owner Ward Toni L $30,000
Previous Owner Ward Toni Lyunn $108,000
Previous Owner Ward Tony Lynn $92,800
Closed Pak Hyon Chu $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2024 05/18/24 Sold $660,000 0.0% $714 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/16/2024 04/16/24 Off Market $660,000 -- --
03/27/2024 03/27/24 For Sale $650,000 -- $703 / Sq Ft
Source: The MLS

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 $3,301 $673,200 $594,654 $78,546
2024 $3,301 $267,930 $188,060 $79,870
2023 $3,224 $262,677 $184,373 $78,304
2022 $3,183 $257,527 $180,758 $76,769
2021 $3,142 $252,478 $177,214 $75,264
2020 $3,128 $249,890 $175,397 $74,493
2019 $3,046 $244,991 $171,958 $73,033
2018 $3,006 $240,188 $168,587 $71,601
2017 $2,906 $235,479 $165,281 $70,198
2016 $2,882 $230,862 $162,040 $68,822
2015 $2,860 $227,395 $159,606 $67,789
2014 $2,713 $222,941 $156,479 $66,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-373297

The MLS

APN: 262-391-20