NOT LISTED FOR SALE

8960 Palika Place Unit 14 Garden Grove, CA 92841

Estimated Value: $533,000 - $544,565

2 Beds
2 Baths
851 Sq Ft
$285/mo HOA Fee

Last Sold April 19, 2019

Last sale price $352,000 $414 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,629/month

30 Days on Market

Highlights

  • Spa
  • Gated Parking
  • View of Trees or Woods
  • Stanford Elementary School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of April 2019

Gorgeous upper unit, 2 bedroom / 2 bathroom condo centrally located in the serene gated community of Garden Grove is ready for its new owners. Custom paint and laminate floor throughout complement the bright and open floor plan. Enter into living room features sliding doors to the spacious enclosed back patio. The living room opens to the dining area with balcony and to the kitchen. The kitchen features custom cabinet, stainless steel microwave, new stove, dishwasher, and tile counters. The high ceiling brings out the spaciousness of the master bedroom. The master bedroom includes a private bathroom and walk-in closet. The secondary bedroom is generously sized is adjacent to the full bathroom. It has walk-in closet and sliding patio door access to enclosed patio. Additional features include central A/C and heater, a large closets for lots of storage, inside laundry, new blinders, and detached two car garage. Well-maintained community amenities are pool, spa, and gate. Low HOA includes water and trash. Convenient location is close to Korea town and Little Saigon. Walking distance to shopping centers, restaurants, and schools. Close to FWY.

Last Agent to Sell the Property

Jeannie Lee

Nexteam Real Estate License #01725137 Listed on: 03/12/2019

Nexteam Real Estate

Last Buyer's Agent

Marcos Vargas

Seven Gables Real Estate License #01501377

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • Two or More Common Walls
  • Fenced
  • Fence is in good condition

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Guest Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Turnkey
  • Combination Foundation
  • Composition Roof
  • Common Roof

Interior Spaces

  • 851 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Formal Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 881
  • Assessor Parcel Number 93331050

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,038

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 714-251-7946
  • Other Phone Number: 714-251-7946
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93331050
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 851.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Storage, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Living Room, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 413.63
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Upgraded, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Terrace, Wrap Around
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Gated, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Maintenance Grounds, Trash, Water, Call for Rules
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova Manor
  • Phone: 714-891-8804
  • Senior Community: No
  • Community Features: Street Lights, Urban

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 25
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Wong David
Bought by
Tran Quynh Khoi Phuong
Current Estimated Value
$540,891

Purchase Details

Closed on
Feb 16, 2021
Sold by
Ly Hien L
Bought by
Pham Anthony Tuan and Nguyen Samnhung

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 17, 2019
Sold by
Lavay My
Bought by
Ly Hien L
Seller's Agent
Jeannie Lee
Nexteam Real Estate
Buyer's Agent
Marcos Vargas
Seven Gables Real Estate
List Price
$349,000
Sold Price
$352,000
Premium/Discount to List
$3,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$316,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2019
Closed on
Mar 26, 2019
Sold by
Choi Andrew Sang Joon and Choi Sun Jung
Bought by
Ly Hien L
Seller's Agent
Jeannie Lee
Nexteam Real Estate
Buyer's Agent
Marcos Vargas
Seven Gables Real Estate
List Price
$349,000
Sold Price
$352,000
Premium/Discount to List
$3,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Tran Quynh Khoi Phuong -- Wfg National Title Company
Pham Anthony Tuan $370,000 Wfg National Title Company
Ly Hien L -- Stewart Title Of Ca Inc
Ly Hien L $352,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ly Hien L $316,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $352,000 +0.9% $414 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $349,000 -- $410 / 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 $5,038 $400,498 $298,952 $101,546
2024 $5,038 $392,646 $293,091 $99,555
2023 $4,944 $384,948 $287,345 $97,603
2022 $4,839 $377,400 $281,710 $95,690
2021 $4,702 $362,759 $267,037 $95,722
2020 $4,640 $359,040 $264,299 $94,741
2019 $2,314 $162,905 $66,247 $96,658
2018 $2,187 $159,711 $64,948 $94,763
2017 $2,156 $156,580 $63,675 $92,905
2016 $2,057 $153,510 $62,426 $91,084
2015 $2,027 $151,205 $61,489 $89,716
2014 $1,978 $148,244 $60,285 $87,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19055262

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-50