$1,115,000
SOLD AUG 29, 2019

725 Forbes Dr Brea, CA 92821

4 Beds
3 Baths
3,369 Sq Ft
0.28 Acres

Recently Sold

$331 Per Sq Ft

12% Above List Price

7 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • William E. Fanning Elementary School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of June 2021

Stunning JM Peters Gallery Home located on a single loaded street with 4 bedrooms+large bonus room that can easily be converted to a 5th bedroom, 3 bathrooms,3 fireplaces,3 car garage, and approx. 3,500 sf of living space. This home was designed for elegance, from the beautiful chandeliers hung, to the gorgeous details found throughout. The double door entry leads you into this luxurious home that features wood flooring, recessed lighting, remodeled bathrooms, grand kitchen with a large center island and plenty of cabinetry. The living room offers a cozy fireplace, and gorgeous views of the spacious backyard. The bathrooms have an upgraded feel with modern tile work and a "jack-and-jill" bathroom with dual vanities on the upper level. The spacious master bathroom also hosts a dual vanity as well as a sunken tub, as well as a walk-in closet. Enjoy the sunsets from the private master balcony! With an excess of windows throughout, there is plenty of natural lighting. The upstairs has a large bonus room that can easily be converted into a 5th bedroom, play room, game room, or at home office! Impeccable landscaping and a beautiful brick walk way lead to the front entry. The backyard is a host's dream! With a sparkling pool, plenty of areas for gathering, and lush greenery, this home is built for entertaining! This home sits in a quiet neighborhood and is centrally located to dozens of shopping, dining, and entertainment options that Brea has to offer!

Last Agent to Sell the Property

Alex Horowitz

Coldwell Banker Diamond License #00983521 Listed on: 07/26/2019

Coldwell Banker Diamond

Last Buyer's Agent

Kevin Lee

Timing Realty Group Inc License #01446144

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
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • City Lights
  • Woods
  • Hills
  • Pool
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,369 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar
  • Brick Wall or Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

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
  • Maintained Community
  • Greenbelt

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,844

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$213 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Gallery Collection (GALC)
  • View: Yes
  • Architectural Style: Traditional
  • 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, Brick Walls, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Tile Counters, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 330.96
  • Room Type: Bonus Room, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Granite Counters, Remodeled, Separate Tub And Shower, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights, Hills, Neighborhood, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition, Tile
  • 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: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Microwave
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 213.00
  • Association Fee Frequency: Monthly
  • Association Name: Brea Village HOA
  • Phone: 949-450-1515
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Brea Village HOA

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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Greenbelt, Landscaped, Lawn, Lot 10000-19999 Sqft, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, 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 Census Tract: 15.06
  • 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: PW19178205

California Regional Multiple Listing Service (CRMLS)

APN: 319-343-15