$1,243,231 - $1,353,000
RENTED FEB 4, 2025

718 Lute Ave Placentia, CA 92870

4 Beds
3 Baths
2,501 Sq Ft
$513 Price per Sq Ft

Last Sold May 15, 2024

Last sale price $1,178,000 $471 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,226/month

Highlights

  • Traditional Architecture
  • Granite Countertops
  • No HOA
  • Wagner Elementary School Rated A
  • Private Yard
  • Walk-In Pantry

About This Home

As of February 2025

Welcome to this beautifully maintained two-story home in the heart of Placentia in the highly sought-after neighborhood! With four bedrooms, three bathrooms, and 2,501 square feet of living space, this property is perfect for comfortable living and entertainment.

The home features a formal living room with a cozy fireplace, a formal dining room with built-in wood shelving (versatile enough to serve as a fifth bedroom, office, or library), and a spacious family room with an adjacent casual dining area. The kitchen offers ample cabinetry, generous counter space, and newer appliances.

All four bedrooms and two bathrooms are conveniently located upstairs, with one bathroom on the main floor. Recent upgrades include brand-new vinyl flooring throughout the house, newer windows, recessed lighting downstairs, a newer AC and furnace, PEX plumbing, a new water heater, and fresh interior paint. Two upstairs bedrooms have been remodeled, adding to the home's charm—the large backyard, which is ideal for entertaining, offering plenty of space for outdoor gatherings. A two-car garage provides additional convenience.

This home is a must-see in the award-winning Placentia-Yorba Linda Unified School District and is close to restaurants, shopping, Cal State Fullerton, and Fullerton College! Don't miss the opportunity to own a place in this desirable location.

Last Agent to Rent the Property

Shu Chueh

Pinnacle Real Estate Group Brokerage Phone: 714-928-5398 License #01928705 Listed on: 01/01/2025

Pinnacle Real Estate Group

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1964

Lot Details

  • 6,650 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in fair condition
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Window Screens
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower
  • Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Accessible Parking
  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,600
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 1/1/25
  • Tax Lot 27
  • Tax Tract Number 5119
  • Assessor Parcel Number 34006219
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Alta Placentia Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,940

Year Built

Built in 1964

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-01-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4600
  • Furnished: Unfurnished
  • Total Move In Costs: 9200.00

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Access Road
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alta Placentia (ALPL)
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 34006219
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2501.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: Placentia
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.84
  • Room Type: Entry, Formal Entry, Kitchen, Laundry, Living Room, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Screens
  • Bathroom Features: Shower, Closet In Bathroom, Remodeled
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected, Phone Not Available, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Range Hood
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Placentia-Yorba Linda Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Yard
  • Lot Size Sq Ft: 6650.00
  • Lot Size Acres: 0.1527

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6650.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 117.15
  • Tax Lot: 27
  • Tax Tract Number: 5119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 7, 2024
Sold by
Charaia Kanwarbir Singh and Charaia Manjit Kaur
Bought by
Ju Linyao
Seller's Agent
Madeleine Semaan
First Team Real Estate
Buyer's Agent
Chik Long
First Team Real Estate
List Price
$1,149,000
Sold Price
$1,178,000
Premium/Discount to List
$29,000
2.52%
Views
2465
Current Estimated Value
$1,283,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,558
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Sep 17, 2020
Sold by
Charaia Kanwarbir and Charaia Manjit Kaur
Bought by
Charaia Kanwarbir Singh and Charaia Manjit Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
Charaia Kanwarbir and Charaia Manjit Kaur
Bought by
Charaia Kanwarbir and Charaia Manjit Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Sold by
Burns Bonita F
Bought by
Charaia Kanwarbir Singh and Charaia Manjit Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Ju Linyao $1,178,000 Western Resources Title
Charaia Kanwarbir Singh -- Chicago Title Company
Charaia Kanwarbir -- Chicago Title Company
Charaia Kanwarbir Singh $316,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charaia Kanwarbir Singh $458,000
Previous Owner Charaia Kanwarbir $468,000
Previous Owner Charaia Kanwarbir Singh $252,700
Closed Charaia Kanwarbir Singh $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Rented $4,600 0.0% --
01/31/2025 01/31/25 Under Contract -- -- --
01/31/2025 01/31/25 For Rent $4,600 0.0% --
01/31/2025 01/31/25 Off Market $4,600 -- --
01/01/2025 01/01/25 For Rent $4,600 0.0% --
05/15/2024 05/15/24 Sold $1,178,000 +2.5% $471 / Sq Ft View Prior Sale
04/17/2024 04/17/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,149,000 -- $459 / 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 $5,940 $1,201,560 $1,033,739 $167,821
2024 $5,940 $476,152 $319,975 $156,177
2023 $5,802 $466,816 $313,701 $153,115
2022 $5,700 $457,663 $307,550 $150,113
2021 $5,626 $448,690 $301,520 $147,170
2020 $5,497 $444,090 $298,429 $145,661
2019 $5,275 $435,383 $292,578 $142,805
2018 $5,205 $426,847 $286,842 $140,005
2017 $5,115 $418,478 $281,218 $137,260
2016 $5,012 $410,273 $275,704 $134,569
2015 $4,946 $404,111 $271,563 $132,548
2014 $4,806 $396,196 $266,244 $129,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24255041

California Regional Multiple Listing Service (CRMLS)

APN: 340-062-19