NOT LISTED FOR SALE

5351 Polis Dr La Palma, CA 90623

Estimated Value: $1,475,634 - $1,641,000

5 Beds
4 Baths
3,040 Sq Ft
$513/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $1,000,000 $329 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,302/month

146 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Traditional Architecture
  • George B. Miller Elementary School Rated A-
  • Gated Community
  • 4-minute walk to Central Park

About This Home

As of February 2019

Homes rarely come on the market in this gated community, Parkview Estates, overlooking La Palma's Central Park. As you enter this home, you will be impressed with the cathedral vaulted ceilings in the living and dining rooms. Pass through to the kitchen which is a nice size with a central island, an eat-in kitchen area, overlooks the backyard, and opens to the family room. Enjoy more casual living in the family room with a built-in TV unit, bookshelves, and glass doors for display. This home has a great floorplan featuring dual master suites (one on the main level and one upstairs): the one upstairs is arranged like a master suite with its grand size, view of the park, and large en suite bathroom complete with a walk-in shower, separate bathtub, double vanities, and walk-in closet. The fifth bedroom is set up as an office or play room (without a closet). Two other bedrooms upstairs are nice sized and are light and bright. There is a 2 car garage with an overflow area for more storage. Inside laundry room. The backyard has a nice brick patio, built-in BBQ, grass, and mature landscaping. There is a nearby community pool and pedestrian gate to enter the park. Centrally located near freeways, schools, and shopping centers.

Last Agent to Sell the Property

Brett Bruce

T.N.G. Real Estate Consultants License #01264168 Listed on: 09/13/2018

T.N.G. Real Estate Consultants

Co-Listed By

Jennifer Smude

T.N.G. Real Estate Consultants License #01474914

Last Buyer's Agent

Moawad Ebrahem

Coldwell Banker Envision License #01205149

Coldwell Banker Envision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 5,450 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Tile Roof

Interior Spaces

  • 3,040 Sq Ft Home
  • Cathedral Ceiling
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub

Outdoor Features

  • Spa
  • Patio

Schools

  • Walker/Oxford Middle School
  • Kennedy/Oxford High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 13659
  • Assessor Parcel Number 26364114

Community Details

Overview

  • Hoag Property Mgmt Association, Phone Number (562) 869-1556

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Parkview Estates
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26364114
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3040.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 328.95
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Dues Paid Monthly
  • Association Fee: 110.00
  • Association Fee Frequency: Monthly
  • Association Name: Hoag Property Mgmt
  • Phone: 562-869-1556
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • High School: Kennedy/Oxford
  • Middle Or Junior School: Walker/Oxford
  • High School2: KENOXF

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5450.00
  • Lot Size Acres: 0.1251

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1101.16
  • Tax Lot: 28
  • Tax Tract Number: 13659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Feb 20, 2019
Sold by
Lim Melvin and Lim Lisa
Bought by
Ingram Edward and Ingram Yesenia
Seller's Agent
Brett Bruce
T.N.G. Real Estate Consultants
Buyer's Agent
Moawad Ebrahem
Coldwell Banker Envision
List Price
$1,019,000
Sold Price
$1,000,000
Premium/Discount to List
-$19,000
-1.86%
Current Estimated Value
$1,558,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,659
Avg. Annual Appreciation
6.69%
Original Mortgage
$800,000
Outstanding Balance
$701,909
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$856,750

Purchase Details

Closed on
Oct 12, 2017
Sold by
Walker Street Vii Llc
Bought by
Lim Melvin J and Lim Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
Lim Melvin and Lim Melvin J
Bought by
Lim Melvin and Lim Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 1998
Sold by
Lim Lisa
Bought by
Lim Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,215
Interest Rate
6.9%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Udc Homes Inc
Bought by
Lim Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,215
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ingram Edward $1,000,000 First American Title Company
Lim Melvin J $1,057,000 First American Title Hsd
Lim Melvin -- Southland Title
Lim Melvin J -- --
Lim Melvin J $405,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Edward $800,000
Previous Owner Lim Melvin J $708,000
Previous Owner Lim Melvin $652,000
Previous Owner Lim Melvin J $324,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $1,000,000 -1.9% $329 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,019,000 +1.9% $335 / Sq Ft
11/27/2018 11/27/18 Off Market $1,000,000 -- --
10/16/2018 10/16/18 Price Changed $1,019,000 -2.9% $335 / Sq Ft
09/22/2018 09/22/18 Price Changed $1,049,000 -1.9% $345 / Sq Ft
09/13/2018 09/13/18 For Sale $1,069,000 -- $352 / 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 $12,497 $1,115,517 $692,001 $423,516
2024 $12,497 $1,093,645 $678,433 $415,212
2023 $12,195 $1,072,201 $665,130 $407,071
2022 $12,052 $1,051,178 $652,088 $399,090
2021 $11,881 $1,030,567 $639,302 $391,265
2020 $11,815 $1,020,000 $632,746 $387,254
2019 $6,709 $569,549 $219,346 $350,203
2018 $6,588 $558,382 $215,045 $343,337
2017 $6,379 $547,434 $210,829 $336,605
2016 $6,258 $536,700 $206,695 $330,005
2015 $6,190 $528,639 $203,590 $325,049
2014 $5,876 $518,284 $199,602 $318,682
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18223948

California Regional Multiple Listing Service (CRMLS)

APN: 263-641-14