NOT LISTED FOR SALE

8051 Redford Ln La Palma, CA 90623

Estimated Value: $1,073,000 - $1,260,000

4 Beds
2 Baths
2,224 Sq Ft
$540/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $515,000 $232 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,085/month

116 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Built-In Features
  • Steve Luther Elementary School Rated A-
  • 3 Car Attached Garage
  • Views

About This Home

As of February 2013

BACK ON THE MARKET...BUYER FELL OUT. PRE-APPROVED SHORT SALE BY LENDER. HURRY, WONT LAST!!!BEAUTIFUL home! GREAT location in highly sought-after neighborhood! This large 2224 Sq Ft home features 4 bedroom 2 bath, 3 car garage, grand double door entry, bright and airy Kitchen with marble counter-tops, Huge Living Room space, energy efficient dual paned windows, Good rated public schools nearby within walking distance. Conveniently located nearby Shopping, entertainment, restaurants, access to FWY's, and so much more!

Last Agent to Sell the Property

Hyon Chong

AIE Realty Inc License #01719866 Listed on: 07/28/2012

Last Buyer's Agent

Ashley Kim

CURB® License #01821621

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,143

Year Built

  • Built in 1965

Lot Details

  • 4,840

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Open Patio
  • 4,840 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 262-067-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,143

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2224
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 246.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Attached, Door Opener

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 262-067-03
  • Lot Size Area: 4840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2012
Closed on
Feb 12, 2013
Sold by
Min Brian Sunghwan
Bought by
Le Andrew
Seller's Agent
Hyon Chong
AIE Realty Inc
Buyer's Agent
Ashley Kim
CURB®
List Price
$548,000
Sold Price
$515,000
Premium/Discount to List
-$33,000
-6.02%
Current Estimated Value
$1,200,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,468
Avg. Annual Appreciation
6.76%
Original Mortgage
$323,233
Outstanding Balance
$226,289
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$944,301

Purchase Details

Closed on
May 10, 2012
Sold by
Min John Seungki
Bought by
Min Brian Sunghwan

Purchase Details

Closed on
May 31, 2006
Sold by
Min Young Sook
Bought by
Min John Seungki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2006
Sold by
Lee Kyung Hak and Lee Anna Sung Ja
Bought by
Min Brian Sunghwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Park Sung Mun
Bought by
Lee Kyung Hak and Lee Anna Sung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.88%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Chung Jin U
Bought by
Park Sung Mun

Purchase Details

Closed on
Mar 18, 1996
Sold by
Loya Ruth Anne
Bought by
Chung Jin U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,760
Interest Rate
7.41%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Le Andrew $515,000 Title 365
Min Brian Sunghwan -- None Available
Min John Seungki -- Stewart Title Co L A
Min Brian Sunghwan -- Stewart Title Co L A
Min Brian Sunghwan $742,000 Stewart Title Co L A
Lee Kyung Hak $300,000 Investors Title Company
Park Sung Mun -- --
Chung Jin U $253,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Andrew $323,233
Previous Owner Min Brian Sunghwan $593,600
Previous Owner Lee Kyung H $300,000
Previous Owner Lee Kyung Hak $200,000
Previous Owner Lee Kyung Hak $60,000
Previous Owner Chung Jin U $215,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $515,000 -6.0% $232 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
07/28/2012 07/28/12 For Sale $548,000 -- $246 / 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 $7,143 $634,181 $495,888 $138,293
2024 $7,143 $621,747 $486,165 $135,582
2023 $6,981 $609,556 $476,632 $132,924
2022 $6,902 $597,604 $467,286 $130,318
2021 $6,812 $585,887 $458,124 $127,763
2020 $6,786 $579,880 $453,427 $126,453
2019 $6,594 $568,510 $444,536 $123,974
2018 $6,506 $557,363 $435,819 $121,544
2017 $6,282 $546,435 $427,274 $119,161
2016 $6,231 $535,721 $418,896 $116,825
2015 $6,187 $527,674 $412,603 $115,071
2014 $5,857 $517,338 $404,521 $112,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-615583

The MLS

APN: 262-067-03