NOT LISTED FOR SALE

8924 Palika Place Garden Grove, CA 92841

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

2 Beds
2 Baths
851 Sq Ft
$345/mo HOA Fee

Last Sold August 15, 2022

Last sale price $545,000 $640 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,121/month

59 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Property is near public transit
  • Stanford Elementary School Rated A
  • Gated Community
  • Neighborhood Views

About This Home

As of August 2022

Price reduced! Come see this listing before it's too late! Beautiful condo with 2 bedrooms and 2 full bathrooms. Both bathrooms are recently remodeled along with upgraded flooring throughout the condo. Large windows and multiple sliding glass doors provide plenty of natural and bright lighting all around the condo. The sliding glass doors lead out to a balcony, and a large private patio, perfect for hosting BBQs, entertaining guests, or just relaxing with a great view of the neighborhood. The living room has a high ceiling with recessed lighting. There are laundry hook-ups and 2 large storage closets inside the condo, and an additional storage closet on the patio. Detached 2 car garage. Quiet gated community with plenty of guest parking and street parking on Lampson Ave. The low HOA includes a pool, spa, trash, water, and landscaping. This property is located in a great location in the heart of Garden Grove, close to shopping, parks, transit, and great schools. Perfect for a new family!

Last Agent to Sell the Property

Vinh Dang

Realty One Group West License #02148924 Listed on: 06/02/2022

Realty One Group West

Last Buyer's Agent

Maria Galindo

Coldwell Banker Platinum Prop License #02024225

Coldwell Banker Platinum Prop

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 1987

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 851 Sq Ft Home
  • Living Room
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Stanford Elementary School
  • Alamitos Middle School
  • Rancho Alamitos High School

Additional Features

  • Balcony
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12744
  • Assessor Parcel Number 93331056
  • $390 per year additional tax assessments

Community Details

Overview

  • 25 Units
  • Villa Nova Manor Association, Phone Number (714) 891-8804
  • Maintained Community

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,959

Year Built

Built in 1987

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • 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
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Tile
  • 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: 640.42
  • Room Type: Living Room, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds, Trash, Water
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova Manor Association
  • Phone: 714-891-8804
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Villa Nova Manor Association

Schools

  • School District: Garden Grove Unified
  • Elementary School: Stanford
  • Middle School: Alamitos
  • High School: Rancho Alamitos
  • Elementary School: Stanford
  • High School: Rancho Alamitos
  • Middle Or Junior School: Alamitos
  • Elementary School #2: STANFO
  • High School2: RANALA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 25
  • Number Of Units Total: 25

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 12744
  • TaxOtherAnnualAssessmentAmount: 390.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 4, 2022
Sold by
Thi Huynh Kim Khanh
Bought by
Russill Maria Jennifer
Seller's Agent
Vinh Dang
Realty One Group West
Buyer's Agent
Maria Galindo
Coldwell Banker Platinum Prop
List Price
$625,000
Sold Price
$545,000
Premium/Discount to List
-$80,000
-12.8%
Views
4
Current Estimated Value
$599,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,891
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Davey William F and Davey Joanne M
Bought by
Huynh Kim Khanh Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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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
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
08/15/2022 08/15/22 Sold $545,000 -0.9% $640 / Sq Ft
07/25/2022 07/25/22 Price Changed $549,900 -1.8% $646 / Sq Ft
07/08/2022 07/08/22 Price Changed $560,000 -8.2% $658 / Sq Ft
06/24/2022 06/24/22 Price Changed $610,000 -2.4% $717 / Sq Ft
06/02/2022 06/02/22 For Sale $625,000 -- $734 / 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: OC22110042

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-56