NOT LISTED FOR SALE

8954 Palika Place Unit 15 Garden Grove, CA 92841

Estimated Value: $534,000 - $690,000

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

Last Sold June 21, 2021

Last sale price $435,000 $511 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,934/month

3 Days on Market

Highlights

  • Spa
  • No Units Above
  • Main Floor Bedroom
  • Stanford Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2021

Lovely 2 bedroom 2 bath condo in award winning school district of Garden Grove. This upper unit(No one above) includes inside washer and dryer, 2 balconies(one overlooking pool and main gate), 2 walk in closets, high ceiling, central AC and many more. The property is in a gated community and has 2 car detached garage as well. HOA offers a pool, spa, paid water and trash and also conveniently located to shopping, restaurants , freeway and many more...

Last Agent to Sell the Property

Lal H. P Duwage

Kal Duwage Realty License #01908556 Listed on: 05/20/2021

Last Buyer's Agent

Hanh Le

OC Capital Homes, Inc. License #01370402

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,768

Year Built

  • Built in 1987

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Two Garage Doors
  • Automatic Gate

Home Design

  • Turnkey
  • Shingle Roof

Interior Spaces

  • 851 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Patio

Additional Features

  • Accessible Parking
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12744
  • Assessor Parcel Number 93331051

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,768

Year Built

Built in 1987

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Number: 310-634-9446
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate
  • Subdivision Name Other: /
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93331051
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 851.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, High Ceilings, Living Room Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 511.16
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova Manor
  • Phone: 714-891-8804
  • Association Phone #2: 714-891-8804
  • Association Phone Number 2 Extension: 109
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • 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: 25
  • Number Of Units Total: 25

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 20, 2021
Closed on
May 28, 2021
Sold by
Gunawardena Mahasen Sanjeewa and Gunawardena Mihiri Celine
Bought by
Matanane Jordan Dean and Nguyen Trixie Huynh
Seller's Agent
Lal H. P Duwage
Kal Duwage Realty
Buyer's Agent
Hanh Le
OC Capital Homes, Inc.
List Price
$399,000
Sold Price
$435,000
Premium/Discount to List
$36,000
9.02%
Current Estimated Value
$583,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,418
Avg. Annual Appreciation
6.00%
Original Mortgage
$382,500
Outstanding Balance
$349,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,515

Purchase Details

Closed on
Mar 7, 2019
Sold by
Gunawardena Mahasen Sanjeewa and Gunawardena Mihiri Celine
Bought by
Gunawardena Mahasen Sanjeewa and Gunawardena Mihiri Celine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2015
Sold by
Gunawardena Mahasen S and Gunawardena Mihiri C
Bought by
Gunawardena Mahasen Sanjeewa and Gunawardena Mihiri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Gunawardena Mihiri C
Bought by
Gunawardena Mahasen S and Gunawardena Mihiri C

Purchase Details

Closed on
Nov 18, 2009
Sold by
Gunawardena Mahasen Sanjeewa
Bought by
Gunawardena Mihiri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Davalos Maria C
Bought by
Gunawardena Mahasen S and Gunawardena Mihiri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2006
Sold by
Davalos Maria C and Torres Maria Del Carmen
Bought by
Davalos Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Hatch Rosa Maria and Reyes Oscar Adrian
Bought by
Torres Maria Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2002
Sold by
Hatch Rosa Maria and Reyes Jennifer Daniel
Bought by
Hatch Rosa Maria and Reyes Oscar Dannielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.96%

Purchase Details

Closed on
Feb 17, 1995
Sold by
Reyes Rosa Maria
Bought by
Hatch Rosa Maria
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
Matanane Jordan Dean $435,000 Ticor Title
Gunawardena Mahasen Sanjeewa -- First American Title Ins Co
Gunawardena Mahasen Sanjeewa -- Lawyers Title
Gunawardena Mahasen S -- None Available
Gunawardena Mihiri C -- Calcounties Title Nation
Gunawardena Mahasen S $196,000 Calcounties Title Nation
Davalos Maria C -- Gateway Title Company Orange
Torres Maria Del Carmen $295,000 Ticor Title Company
Hatch Rosa Maria -- Southland Title Corporation
Hatch Rosa Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matanane Jordan Dean $382,500
Previous Owner Gunawardena Mahasen Sanjeewa $235,000
Previous Owner Gunawardena Mahansen Sanjeewa $180,000
Previous Owner Gunawardena Mahasen S $192,449
Previous Owner Davalos Maria C $300,000
Previous Owner Davalos Maria C $300,000
Previous Owner Torres Maria Del Carmen $236,000
Previous Owner Hatch Rosa Maria $25,500
Previous Owner Hatch Rosa Maria $123,000
Closed Torres Maria Del Carmen $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $435,000 +9.0% $511 / Sq Ft
05/27/2021 05/27/21 For Sale $399,000 -8.3% $469 / Sq Ft
05/25/2021 05/25/21 Off Market $435,000 -- --
05/20/2021 05/20/21 For Sale $399,000 -- $469 / 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 $5,768 $470,857 $369,311 $101,546
2024 $5,768 $461,625 $362,070 $99,555
2023 $5,659 $452,574 $354,971 $97,603
2022 $5,538 $443,700 $348,010 $95,690
2021 $3,085 $233,728 $124,544 $109,184
2020 $3,044 $231,332 $123,267 $108,065
2019 $2,987 $226,797 $120,850 $105,947
2018 $2,928 $222,350 $118,480 $103,870
2017 $2,887 $217,991 $116,157 $101,834
2016 $2,749 $213,717 $113,879 $99,838
2015 $2,710 $210,507 $112,168 $98,339
2014 -- $206,384 $109,971 $96,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21101889

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-51