NOT LISTED FOR SALE

516 E Elm St Brea, CA 92821

Estimated Value: $1,158,000 - $1,430,784

2 Beds
2 Baths
2,434 Sq Ft
$543/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $925,000 $380 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,891/month

42 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Property is near a park
  • Arovista Elementary School Rated A-
  • 0.38 Acre Lot
  • Cathedral Ceiling

About This Home

As of December 2020

This delightful Spanish Style home with in-law quarters (one bedroom with closet, a living room, bathroom, and kitchenette) at 516 Elm is the perfect fit for everyone. Located in the award winning Brea-Olinda school district, this home is also within walking distance of Cal State Fullerton, Craig Regional Park, and the Downtown Brea Promenade with its great local eating establishments. But enough of the area, let us talk about YOUR NEW HOME! When  you walk through the front door of 516 Elm, you are greeted by the inviting living room with its high, open beamed ceiling and charming fireplace just right for chilly nights and cozy fires.  From the front door, turn left and you walk through your new spacious kitchen. Look at all that room to prepare those praiseworthy meals in your future. From the kitchen, you move out to your backyard WHICH IS ALMOST A 1/4 ACRE of tree protected privacy made for Saturday night BBQs and close friends. You come back into the elegant, high-ceiling dining area with its view of the fireplace and pass through access to the kitchen. Think of those holiday feasts surrounded by family and friends! From the dining room you walk into a bonus space that leads straight ahead is the master bedroom. On the right is a door that opens into the in-laws quarters, but this space could easily become a master suite or numerous other possibilities that meet your own personal needs. Welcome to 516 Elm, Brea, YOUR NEW HOME! Virtual tour: https://youtu.be/0dblotZEb70

Last Agent to Sell the Property

Patricia Youmans

First Team Real Estate License #02061614 Listed on: 09/15/2020

First Team Real Estate

Last Buyer's Agent

Dana Canfield

Redfin License #01865861

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.38 Acre Lot
  • Landscaped
  • Rectangular Lot
  • Private Yard
  • Lawn
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Combination Of Materials Used In The Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near a park
  • Urban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Guest House

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 818
  • Assessor Parcel Number 28434119

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28434119
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2434.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 380.03
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House
  • Patio And Porch Features: Patio, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Driveway - Combination, Concrete, Garage, Parking Space, Private, Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Urban

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Landscaped, Lawn, Rectangular Lot, Park Nearby, Walkstreet, Yard
  • Lot Size: 16353
  • Lot Size Sq Ft: 16353.00
  • Lot Size Acres: 0.3754

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16353.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Acquistapace Timothy M and Acquistapace Kelly J
Bought by
Acquistapace
Current Estimated Value
$1,321,946

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 5, 2020
Sold by
Boal Raymond J and Boal Larali D
Bought by
Acquistapace Timothy M and Acquistapace Kelly J
Seller's Agent
Patricia Youmans
First Team Real Estate
Buyer's Agent
Dana Canfield
Redfin
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$375,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Johnson David L and Johnson Nancy A
Bought by
Boal Raymond J and Boal Larali D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Johnson David L and Johnson Nancy A
Bought by
Johnson David L and Johnson Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.29%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 24, 1999
Sold by
Lee Johnson David and Lee Ann Nancy
Bought by
Johnson David L and Johnson Nancy A
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
Acquistapace -- None Listed On Document
Acquistapace Timothy M $925,000 Western Resources Title
Boal Raymond J $749,000 Old Republic Title Company
Johnson David L -- First American Title Ins Co
Johnson David L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acquistapace Timothy M $375,000
Previous Owner Boal Raymond J $450,000
Previous Owner Johnson David L $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $925,000 0.0% $380 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/25/2020 10/25/20 Price Changed $925,000 -2.6% $380 / Sq Ft
10/23/2020 10/23/20 Price Changed $950,000 +2.7% $390 / Sq Ft
09/15/2020 09/15/20 For Sale $925,000 -- $380 / 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 $11,578 $1,041,044 $884,699 $156,345
2024 $11,578 $1,020,632 $867,352 $153,280
2023 $11,262 $1,000,620 $850,345 $150,275
2022 $11,162 $981,000 $833,671 $147,329
2021 $10,547 $925,000 $817,324 $107,676
2020 $9,069 $788,000 $683,550 $104,450
2019 $8,991 $788,000 $683,550 $104,450
2018 $7,849 $681,000 $576,550 $104,450
2017 $7,848 $681,000 $576,550 $104,450
2016 $7,839 $681,000 $576,550 $104,450
2015 $7,238 $626,000 $521,550 $104,450
2014 $6,420 $558,000 $453,550 $104,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20191948

California Regional Multiple Listing Service (CRMLS)

APN: 284-341-19