NOT LISTED FOR SALE

8251 Santa Margarita Ln La Palma, CA 90623

Estimated Value: $1,161,000 - $1,333,000

5 Beds
3.5 Baths
2,268 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $607,000 $268 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,387/month

30 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • No HOA
  • Los Coyotes Elementary School Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of May 2013

In a very stable area of La Palma is a 2-story, 5-bedroom home with 2.5 baths with living room and family room, formal dining room, and a spacious kitchen. All bedrooms are upstairs and the garage is directly connected to the house. It has wood floors, granite countertops, and newer appliances. It boasts of very good elementary and secondary schools in the area.

Last Agent to Sell the Property

Laarni Omingo

Pure Gold Real Estate License #01094177 Listed on: 04/25/2013

Last Buyer's Agent

Kim Archer

Statewide Real Estate Inc License #01343271

Statewide Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 1965

Lot Details

  • 4,900 Sq Ft Lot
  • Lot Dimensions are 50x98
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,268 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5887
  • Assessor Parcel Number 26222228

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,895

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 26222228
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2268.00
  • Interior Amenities: Granite Counters
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Electric, Gas, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 267.64
  • Room Type: All Bedrooms Up, Family Room, Living Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Suburban

Schools

  • School District: Anaheim Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size: 50x98
  • Lot Size Sq Ft: 4900.00
  • Lot Size Acres: 0.1120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4900.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 5887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Apr 23, 2013
Sold by
Labastida Fabian
Bought by
Custodio Willy S
Seller's Agent
Laarni Omingo
Pure Gold Real Estate
Buyer's Agent
Kim Archer
Statewide Real Estate Inc
List Price
$599,000
Sold Price
$607,000
Premium/Discount to List
$8,000
1.34%
Current Estimated Value
$1,219,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,642
Avg. Annual Appreciation
6.12%
Original Mortgage
$546,300
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
Apr 12, 2013
Sold by
Custodio Liza Marie R
Bought by
Custodio Willy S
Seller's Agent
Laarni Omingo
Pure Gold Real Estate
Buyer's Agent
Kim Archer
Statewide Real Estate Inc
List Price
$599,000
Sold Price
$607,000
Premium/Discount to List
$8,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,300
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Labastida Cristina
Bought by
Labastida Fabian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
6.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 1, 2006
Sold by
Kassabian Angela
Bought by
Pison Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2005
Sold by
Melchor Ruben
Bought by
Kassabian Angela

Purchase Details

Closed on
Nov 18, 2004
Sold by
Heely Stephen D and Heely Shirley A
Bought by
Melchor Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1995
Sold by
Heely Stephen D and Heely Shirley A
Bought by
Heely Stephen D and Heely Shirley A
Source: Public Records

Range of Values:

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Average Value
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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
Custodio Willy S $607,000 Fidelity National Title
Custodio Willy S -- Fidelity National Title
Labastida Fabian -- Investors Title Company
Labastida Fabian $561,000 Investors Title Company
Pison Ronald $800,000 Commonwealth Land Title Co
Kassabian Angela -- --
Melchor Ruben $640,000 Ticor Title Co Of California
Heely Stephen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Custodio Willy S $200,000
Open Custodio Willy S $451,100
Closed Custodio Willy S $459,700
Closed Custodio Willy S $546,300
Previous Owner Labastida Fabian $493,000
Previous Owner Pison Ronald $160,000
Previous Owner Pison Ronald $640,000
Previous Owner Melchor Ruben $544,000
Closed Melchor Ruben $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $607,000 +1.3% $268 / Sq Ft
04/25/2013 04/25/13 For Sale $599,000 0.0% $264 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/22/2013 03/22/13 Price Changed $599,000 -1.0% $264 / Sq Ft
03/04/2013 03/04/13 For Sale $605,000 -- $267 / 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 $8,895 $790,749 $589,176 $201,573
2024 $8,895 $775,245 $577,624 $197,621
2023 $8,677 $760,045 $566,298 $193,747
2022 $8,119 $704,358 $555,194 $149,164
2021 $8,002 $690,548 $544,308 $146,240
2020 $7,957 $683,468 $538,727 $144,741
2019 $7,752 $670,067 $528,164 $141,903
2018 $7,610 $656,929 $517,808 $139,121
2017 $7,366 $644,049 $507,655 $136,394
2016 $7,224 $631,421 $497,701 $133,720
2015 $7,145 $621,937 $490,225 $131,712
2014 $6,780 $609,755 $480,623 $129,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13035516

California Regional Multiple Listing Service (CRMLS)

APN: 262-222-28