NOT LISTED FOR SALE

6932 Cottonwood Ln Buena Park, CA 90621

Estimated Value: $868,000 - $1,009,000

4 Beds
3.5 Baths
1,844 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $816,000 $443 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,037/month

9 Days on Market

Highlights

  • Automatic Gate
  • City Lights View
  • Walk-In Closet
  • Gated Community
  • Side by Side Parking
  • Living Room

About This Home

As of December 2022

HUGE PRICE REDUCTION by $140,000!!! A GOLDEN OPPORTUNITY!!! Do not miss a golden opportunity to purchase a BRAND NEW HOME NEVER LIVED IN in the best selling Magnolia Square in Buena Park!!! 6932 Cottonwood is the best unit in the Magnolia Square community. It's the biggest 1844 plan corner unit and located furthest inside the community keeps itself very quite and safe. Kids' playground is right next to the property. Location of the community is the best in Orange County, close to all kinds of restaurant, market, bank, transportation and entertainment. Huge master bedroom with an en-suite bath, walk-in closet. Good sized 2nd and 3rd bedroom on top floor along with another full bathroom. On the second floor, it's a family paradise with huge livingroom, open concept kitchen with quartz island top, walk-in pantry and powder room. Super private bedroom with an en-suite bathroom on the first floor with a garage enough to park 2 SUVs side by side. All offers due 11/28/2022.

Last Agent to Sell the Property

Woojin Jang

Dream Realty & Investments Inc License #01914178 Listed on: 11/16/2022

Dream Realty & Investments Inc

Last Buyer's Agent

Ji Jung Lee

Coldwell Banker Best Realty License #01305455

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,297

Year Built

  • Built in 2022

HOA Fees

  • $211 Monthly HOA Fees

Interior Spaces

  • 1,844 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • City Lights Views
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 2 Covered Spaces
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 108 Units
  • Built by KB Home

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,297

Year Built

Built in 2022

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Street Number Display: Yes
  • Builder Name: KB Home
  • Complex Name: Magnolia Square
  • Entry Floor: 1
  • Living Area: 1844
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2022
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Vinyl, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven
  • Price Per S Q F T: 433.30

Exterior Features

  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Community, Gated Parking, Guest Parking, Playground
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 211.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 12, 2022
Sold by
Choi Paul Hyun Sung
Bought by
Chung Edward Eun Kyu and Lee Heeyoung
Seller's Agent
Woojin Jang
Dream Realty & Investments Inc
Buyer's Agent
Ji Jung Lee
Coldwell Banker Best Realty
List Price
$799,000
Sold Price
$816,000
Premium/Discount to List
$17,000
2.13%
Views
64
Current Estimated Value
$927,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,044
Avg. Annual Appreciation
4.41%
Original Mortgage
$716,000
Outstanding Balance
$698,039
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$217,609
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
Chung Edward Eun Kyu $816,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Edward Eun Kyu $716,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $816,000 +2.1% $443 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $799,000 -- $433 / 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 $9,297 $848,966 $477,732 $371,234
2024 $9,297 $832,320 $468,365 $363,955
2023 $9,110 $816,000 $459,181 $356,819
2022 $2,702 $216,277 $216,277 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-218861

The MLS

APN: 938-341-49