NOT LISTED FOR SALE

8940 Palika Place Unit 7 Garden Grove, CA 92841

Estimated Value: $540,000 - $562,000

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

Last Sold June 09, 2021

Last sale price $450,000 $529 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,800/month

3 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Stanford Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of June 2021

Fabulous Garden Grove GEM! Located in a small GATED complex, you will find a great home with NO STAIRS and NO STEPS. This downstairs 2 bedroom and 2 bathroom condo has a 2 CAR GARAGE. The remodeled GOURMET KITCHEN has custom cabinets, stainless appliances and granite counter tops. WOOD look flooring. The open floor plan flows from the kitchen, to the dining room, to the living room. From the living room there is a sliding door to the amazing and large WRAP AROUND YARD/PATIO. The master bedroom has a WALK IN CLOSET plus an en suite remodeled bathroom with shower. There is a nice second bedroom with a walk in closet. In the second bedroom there is another sliding door to the yard/patio and a second window make this room light and bright. There is also a second remodeled bathroom which features a combination shower/tub. There is even INSIDE LAUNDRY. The HOA amenities include: pool, hot tub, gated, guest parking, trash and more. This community is close to shopping, schools, restaurants and more! Do not miss out on the oppourtunity to own in this wonderful community.

Last Agent to Sell the Property

Jennifer Falconer

CENTURY 21 Affiliated License #01276852 Listed on: 05/21/2021

CENTURY 21 Affiliated

Last Buyer's Agent

Connor Wiegmann

Onyx Homes License #02133596

Onyx Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,037

Year Built

  • Built in 1988

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12744
  • Assessor Parcel Number 93331043

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,037

Year Built

Built in 1988

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Fridge, washer, dryer
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93331043
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 851.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 528.79
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova Manor
  • Phone: 714-891-8804
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Interpacific Asset Management

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 Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230
  • Latitude Manual: 33.78070900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 25
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 8, 2021
Sold by
Davis Wayde Jeffrey
Bought by
Nguyen Janet Hang
Seller's Agent
Jennifer Falconer
CENTURY 21 Affiliated
Buyer's Agent
Connor Wiegmann
Onyx Homes
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$554,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,058
Avg. Annual Appreciation
5.89%
Original Mortgage
$321,200
Outstanding Balance
$291,439
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$283,184

Purchase Details

Listed on
May 21, 2021
Closed on
May 27, 2021
Sold by
Pendley Aaron K
Bought by
Nguyen Janet Hang
Seller's Agent
Jennifer Falconer
CENTURY 21 Affiliated
Buyer's Agent
Connor Wiegmann
Onyx Homes
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,200
Outstanding Balance
$291,439
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$283,184

Purchase Details

Listed on
Jan 21, 2017
Closed on
Mar 8, 2017
Sold by
Ensil Chadwick
Bought by
Pendley Aaron K
Seller's Agent
Bryan Shane
Shaner Brokerage Corporation
Buyer's Agent
Jennifer Falconer
CENTURY 21 Affiliated
List Price
$330,000
Sold Price
$337,000
Premium/Discount to List
$7,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$344,245
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Listed on
Jan 21, 2017
Closed on
Mar 2, 2017
Sold by
Arakaki Vanesa
Bought by
Pendley Aaron K
Seller's Agent
Bryan Shane
Shaner Brokerage Corporation
Buyer's Agent
Jennifer Falconer
CENTURY 21 Affiliated
List Price
$330,000
Sold Price
$337,000
Premium/Discount to List
$7,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,245
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2014
Closed on
Apr 15, 2014
Sold by
Ensil Cybele
Bought by
Ensil Chadwick
Seller's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
Buyer's Agent
Bryan Shane
Shaner Brokerage Corporation
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$261,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2014
Closed on
Mar 21, 2014
Sold by
Cun David Wong
Bought by
Ensil Chadwick
Seller's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
Buyer's Agent
Bryan Shane
Shaner Brokerage Corporation
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Fannie Mae
Bought by
Cun David Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Jauregui Marcial Augusto
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 8, 2008
Sold by
Jauregui Marcial Augusto
Bought by
Jauregui Felix Marcial

Purchase Details

Closed on
Jan 7, 2008
Sold by
Lopez Maria S
Bought by
Jauregui Marcial Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Garcia Jaime P
Bought by
Lopez Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Garcia Jaime P
Bought by
Lopez Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Babinski Timothy and Babinski Sun
Bought by
Lopez Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2003
Sold by
Campos Jorge and Campos Betty
Bought by
Babinski Timothy and Babinski Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
5.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2001
Sold by
Hurtado Rueben and Hurtado Myrna
Bought by
Campos Jorge and Campos Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.84%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Lim Alberto C and Cortez Francisca Cortez
Bought by
Campos Jorge and Campos Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,950
Interest Rate
8.2%
Mortgage Type
FHA
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
Nguyen Janet Hang -- Lawyers Title Company
Nguyen Janet Hang $450,000 Lawyers Title Company
Pendley Aaron K $337,000 Lawyers Title Company
Pendley Aaron K -- Lawyers Title Company
Ensil Chadwick -- Title 365
Ensil Chadwick $275,000 Title 365
Cun David Wong $200,000 Old Republic Title Company
Federal National Mortgage Association $394,714 Accommodation
Jauregui Felix Marcial -- None Available
Jauregui Marcial Augusto $380,000 Ticor Title Company Brea
Lopez Maria S -- None Available
Lopez Maria S -- First American Title Co
Lopez Maria S $362,500 First American Title Co
Babinski Timothy $219,000 First American Title Ins Co
Campos Jorge -- Old Republic Title Company
Campos Jorge $125,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Janet Hang $321,200
Previous Owner Pendley Aaron K $344,245
Previous Owner Ensil Chadwick $259,000
Previous Owner Ensil Chadwick $261,000
Previous Owner Ensil Chadwick $261,250
Previous Owner Cun David Wong $150,000
Previous Owner Jauregui Marcial Augusto $361,000
Previous Owner Lopez Maria S $304,000
Previous Owner Lopez Maria S $72,500
Previous Owner Lopez Maria S $290,000
Previous Owner Babinski Timothy $88,500
Previous Owner Babinski Timothy $42,800
Previous Owner Babinski Timothy $171,200
Previous Owner Campos Jorge $125,500
Previous Owner Campos Jorge $121,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $450,000 0.0% $529 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/25/2021 05/25/21 Off Market $450,000 -- --
05/21/2021 05/21/21 For Sale $425,000 +26.1% $499 / Sq Ft
03/13/2017 03/13/17 Sold $337,000 +2.1% $396 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $330,000 +20.0% $388 / Sq Ft
04/18/2014 04/18/14 Sold $275,000 0.0% $306 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $274,900 -- $305 / 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 $6,037 $487,093 $385,547 $101,546
2024 $6,037 $477,543 $377,988 $99,555
2023 $5,926 $468,180 $370,577 $97,603
2022 $5,800 $459,000 $363,310 $95,690
2021 $4,685 $361,331 $272,364 $88,967
2020 $4,623 $357,626 $269,571 $88,055
2019 $4,536 $350,614 $264,285 $86,329
2018 $4,446 $343,740 $259,103 $84,637
2017 $3,832 $290,466 $197,563 $92,903
2016 $3,647 $284,771 $193,689 $91,082
2015 $3,596 $280,494 $190,780 $89,714
2014 $2,693 $210,596 $121,949 $88,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21096350

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-43