NOT LISTED FOR SALE

515 S Walnut Ave Brea, CA 92821

Estimated Value: $898,000 - $1,123,000

3 Beds
2 Baths
1,443 Sq Ft
$678/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $770,000 $534 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,832/month

45 Days on Market

Highlights

  • Attached Guest House
  • Golf Course Community
  • Corner Lot
  • Arovista Elementary School Rated A-
  • All Bedrooms Downstairs
  • 4-minute walk to City Hall Park

About This Home

As of December 2022

2 units, 1 Lot - Upper unit has 2 bedrooms plus an office and 1 full bath. Lower unit (515 1/2 Walnut) is a studio with kitchenette and bathroom. Great for families or an investment. Home located in a great neighborhood. Close to downtown, theaters, shopping centers, and great schools. Home has been updated throughout. Make an appointment today.

Last Agent to Sell the Property

Deborah McCann

Circa Properties, Inc. License #01886107 Listed on: 11/01/2022

Circa Properties, Inc.

Co-Listed By

Jacob McCann

Circa Properties, Inc. License #01931157

Last Buyer's Agent

Harold Betts

The RECollective License #01834267

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 4,752 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Driveway Up Slope From Street
  • On-Street Parking

Home Design

  • Turnkey
  • Cosmetic Repairs Needed
  • Flat Roof Shape

Interior Spaces

  • 1,443 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Entryway
  • Living Room
  • Home Office

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Utilities

  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 539
  • Assessor Parcel Number 28426314
  • $363 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Classic Homes Subdivision

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Bike Trail

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Classic Homes (CLAS)
  • View: No
  • Water Sewer Expenses: 540.00
  • Property Condition: Repairs Cosmetic, Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 28426314
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 533.61
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Guest House Attached, Two On A Lot
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage Faces Rear, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Lawn
  • Lot Size Sq Ft: 4752.00
  • Lot Size Acres: 0.1091

Multi Family

  • Average Studio Area: 400 Square Feet
  • Electric Expense: 2400.00
  • Fuel Expense: 385.00
  • Gross Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4752.0000 Square Feet
  • Net Operating Income: 48000.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Expenses: 5125.00

Tax Info

  • Tax Census Tract: 15.03
  • Tax Lot: 9
  • Tax Tract Number: 539
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 10, 2022
Sold by
Mccann Team
Bought by
Geldbach John C and Landesfeind Vanessa
Seller's Agent
Deborah McCann
Circa Properties, Inc.
Buyer's Agent
Harold Betts
The RECollective
List Price
$779,000
Sold Price
$770,000
Premium/Discount to List
-$9,000
-1.16%
Views
29
Current Estimated Value
$978,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,670
Avg. Annual Appreciation
7.86%
Original Mortgage
$460,000
Outstanding Balance
$442,128
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$536,542

Purchase Details

Closed on
May 3, 2022
Sold by
Jacob Mccann
Bought by
Team Mccann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2022
Sold by
Kathleen B Lona Revocable Living Trust
Bought by
Mccann Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Heald Clarissa K
Bought by
Heald Clarissa K and Kathleen B Lorea Revocable Living Trust

Purchase Details

Closed on
Sep 5, 2003
Sold by
Wilson Mark R
Bought by
Heald Clarissa K and Edith Wood Jordan Trust

Purchase Details

Closed on
Sep 4, 2003
Sold by
Heald Clarrissa K
Bought by
Heald Clarissa K and Edith Wood Jordan Trust

Purchase Details

Closed on
Aug 29, 2003
Sold by
Wilson Ralph K
Bought by
Heald Clarissa K and Edith Wood Jordan Trust

Purchase Details

Closed on
Aug 24, 2003
Sold by
Mcbenttes Lisa A
Bought by
Heald Clarissa K and Edith Wood Jordan Trust

Purchase Details

Closed on
Aug 5, 2003
Sold by
Herrmann Michael P
Bought by
Heald Clarissa K and Edith Wood Jordan Trust

Purchase Details

Closed on
May 18, 2003
Sold by
Wood Larkin and Wood Ora Lee
Bought by
Heald Clarissa K and Kathleen B Lorea Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Geldbach John C $770,000 Chicago Title
Team Mccann -- Chicago Title
Mccann Jacob $465,000 Chicago Title
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Heald Clarissa K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geldbach John C $460,000
Previous Owner Mccann Jacob $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $770,000 0.0% $534 / Sq Ft
12/19/2022 12/19/22 Sold $770,000 -1.2% $534 / Sq Ft View Prior Sale
11/09/2022 11/09/22 For Sale $779,000 0.0% $540 / Sq Ft
11/09/2022 11/09/22 For Sale $779,000 +1.2% $540 / Sq Ft
11/08/2022 11/08/22 Off Market $770,000 -- --
11/08/2022 11/08/22 Off Market $770,000 -- --
11/01/2022 11/01/22 Price Changed $779,000 0.0% $540 / Sq Ft
11/01/2022 11/01/22 For Sale $779,000 -1.3% $540 / Sq Ft
10/28/2022 10/28/22 Price Changed $789,000 -1.4% $547 / Sq Ft
10/18/2022 10/18/22 Price Changed $799,900 -3.5% $554 / Sq Ft
10/07/2022 10/07/22 Price Changed $829,000 -1.2% $574 / Sq Ft
10/05/2022 10/05/22 Price Changed $839,000 -1.2% $581 / Sq Ft
09/17/2022 09/17/22 For Sale $849,000 -- $588 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,000 $801,108 $746,267 $54,841
2024 $9,000 $785,400 $731,634 $53,766
2023 $8,753 $770,000 $717,288 $52,712
2022 $4,998 $420,818 $384,764 $36,054
2021 $4,905 $412,567 $377,219 $35,348
2020 $4,872 $408,337 $373,351 $34,986
2019 $4,744 $400,331 $366,031 $34,300
2018 $4,674 $392,482 $358,854 $33,628
2017 $4,586 $384,787 $351,818 $32,969
2016 $4,497 $377,243 $344,920 $32,323
2015 $4,434 $371,577 $339,739 $31,838
2014 $4,307 $364,299 $333,084 $31,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22214726

California Regional Multiple Listing Service (CRMLS)

APN: 284-263-14

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