NOT LISTED FOR SALE

8924 Palika Place Unit 20 Garden Grove, CA 92841

Estimated Value: $534,000 - $734,000

2 Beds
2 Baths
851 Sq Ft
$315/mo HOA Fee

Last Sold February 11, 2020

Last sale price $340,000 $400 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,091/month

1 Day on Market

Highlights

  • Spa
  • Laundry Room
  • Central Air
  • Stanford Elementary School Rated A

About This Home

As of February 2020

Wow! What a perfect condo for a first time home buyer! This VA APPROVED condo located in a gated community, in central Garden Grove that's within close distance to entertainment venues, restaurants, 22 fwy, and schools. The condo features a brand new interior paint and carpeting. The floorplan is functional for an everyday use and you will surely be pleased with the size of its master bedroom and balcony! The unit comes with 2 car garage. HOA includes community gate, association pool and spa, water and trash.

Last Agent to Sell the Property

Matthew Shinn

Shinn Real Estate Group License #01755855 Listed on: 01/09/2020

Last Buyer's Agent

Matthew Shinn

Shinn Real Estate Group License #01755855 Listed on: 01/09/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 1987

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • 851 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Laundry Room
  • 1 Common Wall
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12744
  • Assessor Parcel Number 93331056

Community Details

Overview

  • 50 Units
  • Villa Nova Association, Phone Number (714) 891-8804
  • Interpacific Asset Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,959

Year Built

Built in 1987

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Unknown
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93331056
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 851.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 399.53
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova
  • Phone: 7148918804
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Interpacific Asset Management

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 50
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 881.07
  • Tax Lot: 1
  • Tax Tract Number: 12744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Thi Huynh Kim Khanh
Bought by
Russill Maria Jennifer
Current Estimated Value
$599,891

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 4, 2020
Sold by
Davey William F and Davey Joanne M
Bought by
Huynh Kim Khanh Thi
Seller's Agent
Matthew Shinn
Shinn Real Estate Group
Buyer's Agent
Matthew Shinn
Shinn Real Estate Group
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$230,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Davey William F
Bought by
The Davey Family Trust Of 2012

Purchase Details

Closed on
Jun 25, 2009
Sold by
Sandberg Kate G and Wilcox Steven R
Bought by
Sandberg Kate G and Wilcox Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,800
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Davey William F and Davey Joanne M
Bought by
Davey William F and Davey Joanne M

Purchase Details

Closed on
Mar 10, 1994
Sold by
Davey William F and Davey Joanne M
Bought by
Davey William F and Davey Joanne M
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
Russill Maria Jennifer $545,000 Fidelity National Title
Huynh Kim Khanh Thi $340,000 Lawyers Title
The Davey Family Trust Of 2012 -- None Available
Sandberg Kate G -- First American Title Ofs
Davey William F -- --
Davey William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Kim Khanh Thi $230,000
Previous Owner Sandberg Kate G $277,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $340,000 +0.3% $400 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $339,000 -- $398 / 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 $6,959 $567,018 $463,544 $103,474
2024 $6,959 $555,900 $454,454 $101,446
2023 $6,832 $545,000 $445,543 $99,457
2022 $4,439 $350,392 $255,401 $94,991
2021 $4,390 $343,522 $250,393 $93,129
2020 $2,396 $169,666 $71,075 $98,591
2019 $2,355 $166,340 $69,682 $96,658
2018 $2,310 $163,079 $68,316 $94,763
2017 $2,279 $159,882 $66,977 $92,905
2016 $2,175 $156,748 $65,664 $91,084
2015 $2,145 $154,394 $64,678 $89,716
2014 $2,094 $151,370 $63,411 $87,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20004998

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-56