$1,765,000
SOLD JUN 25, 2021

725 Forbes Dr Brea, CA 92821

4 Beds
3 Baths
3,369 Sq Ft
0.28 Acres

Recently Sold

$524 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • William E. Fanning Elementary School Rated A
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of June 2021

One of a kind resort-style paradise with lush tree-lined view. Enjoy every modern luxury in this stunning home, elegantly remodeled with finest upgrades in 2019. Step into the sky-lit foyer to discover intricate stylistic details which sets this home apart. Impressive double-story ceilings create excellent natural light astonished by splashes from floor to ceiling windows granting light & bright ambience. A sunken living room with an intimate fireplace leads to a stylish formal dining with designer fixture, an attractive glittering chandelier leading up a gorgeous staircase, a state-of-art-kitchen with gleaming quartz countertop equipped w/ high-end appliances and an oversized island. Handsome butler's pantry/bar opens to a gracious family room overlooking your private backyard oasis showcasing peace and privacy surrounded by mature trees and lavish landscaping. Enjoy lounging by the sparkling waterfall pool w/ integrated spa and spend cozy nights by the smokeless glass fire pits with plenty of seating for a peaceful retreat. This destination-style backyard is perfect for hosting, making a true entertainer's dream. Spend family game/movie nights in a spacious bonus room upstairs or hop on an exercise bike to appreciate serene views, encouraging to go beyond your limit every ride. Alongside two secondary bedrooms w/ jack & jill bathroom, the master bedroom framed by double doors is an absolute gem with a romantic chandelier, private fireplace, and walk-in closet leading into the spa-like master bathroom for the ultimate relaxation. Escape into a private balcony perched atop a delightful greenery view and endless stretches of sky overhead during beautiful sunset, or spend balmy evenings dining al fresco in an immaculate backyard. Take advantage of the convenience of a premium location with endless shopping & dining options in the Award-Winning School District (direct access to the prestigious Falcon Science & Technology school from the backyard). This is California Resort Living at its finest. Welcome home!

Last Agent to Sell the Property

Justin and Juhee Kim

T.N.G. Real Estate Consultants License #01027923 Listed on: 05/26/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Juliet Chung

Country Queen Real Estate License #01887530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,844

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Wrought Iron Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Woods
  • Hills
  • Pool

Home Design

  • Turnkey
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,369 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Quartz Bathroom Countertops
  • Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 12562
  • Assessor Parcel Number 31934315

Community Details

Overview

  • Brea Village HOA, Phone Number (949) 450-1515
  • Villageway Management Inc. HOA
  • Maintained Community
  • Greenbelt

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,844

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$263 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Brea Village
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 31934315
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3369.00 Square Feet
  • Interior Amenities: Balcony, Bar, High Ceilings, Open Floorplan, Recessed Lighting, Sunken Living Room, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 523.89
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Jack & Jill, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Shutters
  • Bathroom Features: Bathtub, Shower, Quartz Counters, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Hills, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Composition, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Garage - Two Door, Private
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Range Hood
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 215
  • Amenities: Maintenance Grounds
  • Association Fee: 263.00
  • Association Fee Frequency: Monthly
  • Association Name: Brea Village HOA
  • Phone: 949-450-1515
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Suburban
  • Association Management: Villageway Management INC.

Schools

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Greenbelt, Landscaped, Lawn, Lot 10000-19999 Sqft, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 12000.00
  • Lot Size Acres: 0.2755

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 12562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 3, 2021
Sold by
Yoo Kum Hee and Kim Hyuk
Bought by
Fu Amanda
Seller's Agent
Justin and Juhee Kim
T.N.G. Real Estate Consultants
Buyer's Agent
Juliet Chung
Country Queen Real Estate
List Price
$1,699,000
Sold Price
$1,765,000
Premium/Discount to List
$66,000
3.88%
Current Estimated Value
$2,045,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,467
Avg. Annual Appreciation
3.38%

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 6, 2019
Sold by
Bailey Penny
Bought by
Yoo Kum Hee and Kim Hyuk
Seller's Agent
Alex Horowitz
Coldwell Banker Diamond
Buyer's Agent
Kevin Lee
Timing Realty Group Inc
List Price
$1,000,000
Sold Price
$1,115,000
Premium/Discount to List
$115,000
11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.71%
Original Mortgage
$780,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2013
Sold by
Bailey Larry E and Bailey Penelope M
Bought by
Bailey Larry E and Bailey Penny

Purchase Details

Closed on
Mar 5, 2008
Sold by
Cashman Thomas J and Cashman Frances M
Bought by
Bailey Larry E and Bailey Penelope M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,765,000 First American Title
Grant Deed $1,115,000 Orange Coast Ttl Co Of Socal
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $780,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,765,000 +3.9% $524 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,699,000 +52.4% $504 / Sq Ft
08/29/2019 08/29/19 Sold $1,115,000 +11.5% $331 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $1,000,000 -- $297 / 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
2024 $20,844 $1,873,032 $1,480,501 $392,531
2023 $20,275 $1,836,306 $1,451,471 $384,835
2022 $20,101 $1,800,300 $1,423,010 $377,290
2021 $12,689 $1,126,551 $754,570 $371,981
2020 $12,606 $1,115,000 $746,833 $368,167
2019 $8,741 $772,152 $399,437 $372,715
2018 $8,608 $757,012 $391,605 $365,407
2017 $8,444 $742,169 $383,926 $358,243
2016 $8,275 $727,617 $376,398 $351,219
2015 $8,160 $716,688 $370,744 $345,944
2014 $7,921 $702,650 $363,482 $339,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21109403

California Regional Multiple Listing Service (CRMLS)

APN: 319-343-15