NOT LISTED FOR SALE

640 Balsa Ave Brea, CA 92821

Estimated Value: $987,000 - $1,206,000

4 Beds
2 Baths
1,672 Sq Ft
$661/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $739,000 $442 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,562/month

79 Days on Market

Highlights

  • Parking available for a boat
  • 24-Hour Security
  • Updated Kitchen
  • William E. Fanning Elementary School Rated A
  • City Lights View
  • Cape Cod Architecture

About This Home

As of August 2018

Brea welcomes you to 640 Balsa Avenue. Remodeled two story Cape Cod home offers 4 large bedrooms and 2 full bathrooms reminiscent of contemporary New England style living. Double door entry to living room features impressive 16 ft. high ceiling and stunning slate-stone fireplace complimented by Pottery Barn light fixtures. Gorgeous white kitchen with bay window, recessed lighting, granite countertops, and stainless steel appliances: gas range stove, dishwasher, microwave oven, and wine cooler. Feel warm and cozy or cool and breezy with central heat and air conditioning, digital thermostat, and energy efficient double pane windows throughout. Retreat upstairs to master bedroom fit for a king or queen bedroom set connected to jack and jill en-suite. Bedrooms are ideally split: two upstairs and two downstairs. This home boasts a large front and back yard ready to entertain guests with a dedicated gas line installed for outdoor barbecue cooking. As well as a spacious three-car driveway, two car garage, and RV/boat parking. Brea is at your fingertips minutes away from Brea Downtown, Brea Mall, Brea Marketplace Shopping Center, The Tracks at Brea Trail, Carbon Canyon Regional Park, Wildcatters Dog Park, Birch Hills Golf Course, Hospitals, Churches, 57 Freeway, and Blue Ribbon Schools: William E. Fanning Elementary, Brea Junior High School, and Brea Olinda High School. Come and see how this beautifully upgraded smart home is the perfect balance to your dynamic lifestyle today!

Last Agent to Sell the Property

Albert Gomez

T.N.G. Real Estate Consultants License #01919800 Listed on: 04/12/2018

T.N.G. Real Estate Consultants

Last Buyer's Agent

Kevin Cho

Dream Realty & Investments Inc License #01908832

Dream Realty & Investments Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 6,600 Sq Ft Lot
  • West Facing Home
  • Privacy Fence
  • Wood Fence
  • Fence is in good condition
  • Landscaped
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Parking Lot
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Bay Window
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room Balcony
  • Storage
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Country Kitchen
  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Multi-Level Bedroom
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Lighting
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Fanning Elementary School
  • Brea Middle School
  • Brea Olinda High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5446
  • Assessor Parcel Number 31905304

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Additional Features

  • Laundry Facilities
  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1969 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: LG gas range stove, LG dishwasher, LG microwave oven, Newair wine cooler.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: OTHR
  • View: Yes
  • Architectural Style: Cape Cod, Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 31905304
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1672.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Intercom, Living Room Balcony, Pull Down Stairs to Attic, Recessed Lighting, Storage, Two Story Ceilings, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: In Kitchen, Country Kitchen
  • Fireplace Features: Living Room, Gas, Wood Burning, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 441.99
  • Room Type: Attic, Formal Entry, Jack & Jill, Living Room, Master Bedroom, Multi-Level Bedroom
  • Window Features: Bay Window(s), Double Pane Windows, ENERGY STAR Qualified Windows, Plantation Shutters, Screens, Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Shed(s)
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters, Satellite Dish
  • View: City Lights, Hills, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Privacy, Wood
  • Patio And Porch Features: Covered, Patio, Front Porch, Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Brick, Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage Door Opener, Oversized, Parking Space, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Fanning
  • High School: Brea Olinda
  • Middle Or Junior School: Brea
  • Elementary School #2: FANNIN
  • High School2: BREOLI

Green Features

  • Efficiency: Appliances, Doors, Exposure/Shade, Lighting, Roof, Thermostat, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Front Yard, Greenbelt, Landscaped, Lawn, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6600.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.06
  • Tax Lot: 4
  • Tax Tract Number: 5446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jul 6, 2018
Sold by
Gomez Albert and Medina Genesis
Bought by
Youn Jeongnam and Lee Min Sim
Seller's Agent
Albert Gomez
T.N.G. Real Estate Consultants
Buyer's Agent
Kevin Cho
Dream Realty & Investments Inc
List Price
$750,000
Sold Price
$739,000
Premium/Discount to List
-$11,000
-1.47%
Current Estimated Value
$1,105,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,210
Avg. Annual Appreciation
5.64%
Original Mortgage
$239,000
Outstanding Balance
$207,129
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$898,081

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 19, 2015
Sold by
Cornell Christopher and Cornell Danielle N
Bought by
Gomez Albert and Medina Genesis
Seller's Agent
Craig Martin
T.N.G. Real Estate Consultants
Buyer's Agent
Albert Gomez
T.N.G. Real Estate Consultants
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$440,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2011
Sold by
Cornell Christopher and Cornell Danielle N
Bought by
Cornell Christopher and Cornell Danielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,350
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Wells Fargo Bank Na
Bought by
Cornell Christopher and Olmstead Danielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2009
Sold by
Demaci Carla E
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2001
Sold by
Cushingham Christopher L and Cushingham Maryly K
Bought by
Demaci Carla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
8.25%
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
Youn Jeongnam $739,000 Ticor Title
Gomez Albert $575,000 Ticor Title
Cornell Christopher -- None Available
Cornell Christopher $420,000 Lsi Title Company Ca
Wells Fargo Bank Na $481,151 None Available
Demaci Carla E $344,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youn Jeongnam $239,000
Previous Owner Gomez Albert $440,000
Previous Owner Cornell Christopher $393,350
Previous Owner Cornell Christopher $412,392
Previous Owner Demaci Carla E $275,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2018 08/08/18 Sold $739,000 0.0% $442 / Sq Ft
06/25/2018 06/25/18 Price Changed $739,000 -1.5% $442 / Sq Ft
04/12/2018 04/12/18 For Sale $750,000 +30.4% $449 / Sq Ft
09/21/2015 09/21/15 Sold $575,000 0.0% $344 / Sq Ft View Prior Sale
06/11/2015 06/11/15 Pending -- -- --
06/08/2015 06/08/15 Off Market $575,000 -- --
06/04/2015 06/04/15 For Sale $549,000 -- $328 / 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 $9,250 $824,367 $716,534 $107,833
2024 $9,250 $808,203 $702,484 $105,719
2023 $8,996 $792,356 $688,709 $103,647
2022 $8,915 $776,820 $675,205 $101,615
2021 $8,748 $761,589 $661,966 $99,623
2020 $8,691 $753,780 $655,178 $98,602
2019 $8,454 $739,000 $642,331 $96,669
2018 $6,938 $598,230 $500,095 $98,135
2017 $6,807 $586,500 $490,289 $96,211
2016 $6,673 $575,000 $480,675 $94,325
2015 $5,221 $450,023 $347,663 $102,360
2014 $5,069 $441,208 $340,853 $100,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18082943

California Regional Multiple Listing Service (CRMLS)

APN: 319-053-04