NOT LISTED FOR SALE

Estimated Value: $319,000 - $371,510

3 Beds
2 Baths
1,234 Sq Ft
$437/mo HOA Fee

Last Sold February 07, 2020

Last sale price $203,000 $165 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,393/month

25 Days on Market

Highlights

  • In Ground Pool
  • Neighborhood Views
  • Crown Molding
  • Gated Community
  • Subterranean Parking
  • 1-minute walk to Low Park

About This Home

As of February 2020

Back on the market... Cash or Conventional Loan only! No FHA loans qualify at this complex. This beautiful three bedroom, two bath condo at Magnolia Palms faces the park and is located close to the community pool. The home is decorated nicely with crown molding and laminate wood flooring throughout. Upon entering the home, there is space for a dining set to the left opening into the living room with lots of light. There is a sliding glass door that opens to the patio. The kitchen has a nice breakfast counter with upgraded kitchen cabinets, stainless steel appliances and custom glass display cabinet. The hall bathroom has a shower only while the master bath has a shower and tub. The first bedroom has patio access leading to the parking and pool area. Laundry area is in the hallway. The master bedroom is nice sized with a double closet. The property is located near CBU, shopping, the freeway and central to the Riverside Avenue and Arlington area.

Last Agent to Sell the Property

BRENDA MARTINEZ

Beechwood Realty License #01806339 Listed on: 09/30/2019

Last Buyer's Agent

BRITTNEY JEANSON

Vista Sotheby's International Realty License #01476352

Vista Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 1 Carport Space
  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Living Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Open Patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5610
  • Assessor Parcel Number 226211005

Community Details

Overview

  • 120 Units
  • Magnolia Palms Association, Phone Number (951) 462-1123
  • Raincross Services HOA

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

HOA Fees

$437 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 226211005
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 164.51
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: Neighborhood
  • Patio And Porch Features: Patio Open
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 437.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Palms
  • Phone: 9514621123
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Raincross Services

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 310.01
  • Tax Lot: 1
  • Tax Tract Number: 5610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Fioang Caroline Kim
Bought by
Tran Trang Nhu Kieu
Current Estimated Value
$335,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 31, 2020
Sold by
Hoang Dat Minh
Bought by
Hoang Caroline Kim
Seller's Agent
BRENDA MARTINEZ
Beechwood Realty
Buyer's Agent
BRITTNEY JEANSON
Vista Sotheby's International Realty
List Price
$220,000
Sold Price
$203,000
Premium/Discount to List
-$17,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 24, 2020
Sold by
Stanley Valeri Lynn
Bought by
Hoang Caroline Kim
Seller's Agent
BRENDA MARTINEZ
Beechwood Realty
Buyer's Agent
BRITTNEY JEANSON
Vista Sotheby's International Realty
List Price
$220,000
Sold Price
$203,000
Premium/Discount to List
-$17,000
-7.73%

Purchase Details

Listed on
Jul 27, 2013
Closed on
Aug 7, 2013
Sold by
Stanley Michael Glenn
Bought by
Stanley Valeri Lynn
Seller's Agent
Jung Joon Lee
Circa Properties, Inc.
Buyer's Agent
BRENDA MARTINEZ
Beechwood Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Jul 27, 2013
Closed on
Aug 6, 2013
Sold by
Lee Jung Joon
Bought by
Lee Kyungjun
Seller's Agent
Jung Joon Lee
Circa Properties, Inc.
Buyer's Agent
BRENDA MARTINEZ
Beechwood Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Purchase Details

Listed on
Jul 27, 2013
Closed on
Aug 2, 2013
Sold by
Lee Kyungjun
Bought by
Stanley Valeri Lynn
Seller's Agent
Jung Joon Lee
Circa Properties, Inc.
Buyer's Agent
BRENDA MARTINEZ
Beechwood Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Purchase Details

Closed on
Feb 7, 2013
Sold by
The Bank Of New York Mellon
Bought by
Lee Kyungjun

Purchase Details

Closed on
Sep 20, 2012
Sold by
Kortsch William E and Kortsch Mabel J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 5, 2011
Sold by
Kortsch William E
Bought by
Kortsch William E

Purchase Details

Closed on
Oct 28, 2004
Sold by
Andrawis Colleen
Bought by
Andrawis Wadie M and Andrawis Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2004
Sold by
Andrawis Wadie M and Andrawis Teresa A
Bought by
Kortsch William E and Kortsch Mabel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2002
Sold by
Andrawis Wadie M and Andrawis Teresa A
Bought by
Andrawis Antonious

Purchase Details

Closed on
Jan 25, 2000
Sold by
Duncan Bill J and Joyce Katherine
Bought by
Andrawis Wadie M and Andrawis Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1997
Sold by
Duncan Bill J and Duncan Katherine J
Bought by
Family Trust Of Bill J & Katherine Joyce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tran Trang Nhu Kieu $345,000 None Listed On Document
Hoang Caroline Kim -- First American Title
Hoang Caroline Kim $202,000 First American Title Company
Stanley Valeri Lynn -- Chicago Title
Lee Kyungjun -- None Available
Stanley Valeri Lynn $150,000 None Available
Lee Kyungjun $68,500 None Available
The Bank Of New York Mellon $171,092 Landsafe Title
Kortsch William E -- None Available
Andrawis Wadie M -- United Title Company
Kortsch William E $195,000 United Title Company
Andrawis Wadie M -- --
Andrawis Antonious -- --
Andrawis Wadie M $60,000 Chicago Title Co
Family Trust Of Bill J & Katherine Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Trang Nhu Kieu $225,000
Previous Owner Kortsch William E $152,000
Previous Owner Andrawis Wadie M $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2020 02/07/20 Sold $203,000 -3.3% $165 / Sq Ft
11/21/2019 11/21/19 Price Changed $210,000 -4.5% $170 / Sq Ft
11/15/2019 11/15/19 For Sale $220,000 0.0% $178 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $220,000 +46.7% $178 / Sq Ft
08/09/2013 08/09/13 Sold $150,000 -5.7% $122 / Sq Ft View Prior Sale
08/02/2013 08/02/13 Pending -- -- --
07/27/2013 07/27/13 For Sale $159,000 -- $129 / 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 $2,438 $351,900 $102,000 $249,900
2023 $2,438 $213,387 $52,558 $160,829
2022 $2,383 $209,204 $51,528 $157,676
2021 $2,362 $205,103 $50,518 $154,585
2020 $1,954 $168,127 $56,041 $112,086
2019 $1,918 $164,832 $54,943 $109,889
2018 $1,882 $161,601 $53,866 $107,735
2017 $1,849 $158,433 $52,810 $105,623
2016 $1,733 $155,327 $51,775 $103,552
2015 $1,708 $152,997 $50,999 $101,998
2014 $1,691 $150,000 $50,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19231685

California Regional Multiple Listing Service (CRMLS)

APN: 226-211-005