NOT LISTED FOR SALE

8966 Palika Place Unit A13 Garden Grove, CA 92841

Estimated Value: $535,000 - $561,000

2 Beds
2 Baths
851 Sq Ft
$371/mo HOA Fee

Last Sold June 13, 2024

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

Est. 1% increase in value since last sale

Current estimated payment $3,757/month

3 Days on Market

Highlights

  • Gated Community
  • Living Room with Attached Deck
  • Community Pool
  • Stanford Elementary School Rated A
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of June 2024

Nestled in the heart of Garden Grove’s Korea town and in a gated community is this cozy, beautiful 2-bedroom, 2bath condo. Featuring laminate flooring and granite countertops, the living room and dining nook provide for a seamless semi-open concept space. Sandwiched in between the master bedroom and bathroom is an indoor laundry space with overhead cabinets for storage. Both bedrooms boast their own covered patio, which is a nice respite for reading or relaxation in the privacy of your own home. Additionally, the highly coveted 2-car garage is a rarity for these types of condos that is also a few steps away from the property. Centrally located in between Little Saigon & Koreatown, it is also accessible to the 22, 5, and 405 freeways. Surrounded by a host of restaurants, shops, good schools, and with low HOA dues that cover the pool, outside maintenance, and automatic gate, this one is not to be missed!

Last Agent to Sell the Property

John Tran

NextGen Team Realty Brokerage Phone: 657-208-3070 License #01359195 Listed on: 05/21/2024

Last Buyer's Agent

Mariah Corbett

Ehomes License #02168159

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Attached Deck
  • Laminate Flooring

Kitchen

  • Gas Range
  • Granite Countertops
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 12744
  • Assessor Parcel Number 93331049
  • $405 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,636

Year Built

Built in 1987

Lot Details

0

HOA Fees

$371 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93331049
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 851.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Living Room Deck Attached
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 640.42
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bedroom
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 370.87
  • Association Fee Frequency: Monthly
  • Association Name: Villa Nova Manor HOA
  • Phone: 714-891-8804
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Interpacific Asset Management

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.78070300

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 13
  • Number Of Units Total: 13

Tax Info

  • Tax Census Tract: 881.07
  • Tax Lot: 1
  • Tax Tract Number: 12744
  • TaxOtherAnnualAssessmentAmount: 405.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 12, 2024
Sold by
Nguyen Andy
Bought by
Greene Sarah Joelle and Voss Nicholas
Seller's Agent
John Tran
NextGen Team Realty
Buyer's Agent
Mariah Corbett
Ehomes
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%
Views
10
Current Estimated Value
$551,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,675
Avg. Annual Appreciation
2.19%
Original Mortgage
$528,650
Outstanding Balance
$524,387
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$35,184

Purchase Details

Closed on
Nov 8, 2019
Sold by
Dang Trang Thi Thuy
Bought by
Nguyen Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2016
Closed on
Sep 29, 2016
Sold by
Holt Kenneth R and Holt Mariam Y
Bought by
Nguyen Anh Quoc
Seller's Agent
Yvette Habashi
Agent 1 Real Estate Inc.
Buyer's Agent
Edwin Flores
Legends Realty
List Price
$309,000
Sold Price
$315,000
Premium/Discount to List
$6,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$252,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2015
Closed on
Apr 21, 2015
Sold by
Le Nhieu and Ta Nhen Thi
Bought by
Holt Kenneth R and Holt Mariam Y
Seller's Agent
Dinh Huynh
TSG Premier Realty
Buyer's Agent
Yvette Habashi
Agent 1 Real Estate Inc.
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$202,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2011
Closed on
Mar 20, 2012
Sold by
Palika Place Trust #8966
Bought by
Le Nhieu and Ta Nhen Thi
Seller's Agent
Brian Binder
RE/MAX College Park Realty
Buyer's Agent
Jessica Nguyen
Jessica Nguyen, Broker
List Price
$214,999
Sold Price
$192,000
Premium/Discount to List
-$22,999
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$60,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 14, 2011
Sold by
Lai Sun Guing
Bought by
Palika Place Trust #8966 and Old Town Property Group Llc

Purchase Details

Closed on
May 12, 2004
Sold by
Riggle Michael A and Riggle Janet K
Bought by
Lai Sun Guing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,550
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2002
Sold by
Crew Phyllis K
Bought by
Riggle Michael A and Riggle Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
6.29%

Purchase Details

Closed on
Aug 1, 1995
Sold by
Crew Phyllis K
Bought by
Crew Phyllis K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,502
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 1995
Sold by
Crew Phyllis K
Bought by
Crew Phyllis K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,502
Interest Rate
7.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Greene Sarah Joelle $545,000 Lawyers Title Company
Nguyen Andy -- Pacific Coast Title Company
Nguyen Andy -- Pacific Coast Title Company
Nguyen Anh Quoc $315,000 Ticor Title Orange County
Holt Kenneth R $270,000 Orange Coast Title Company
Le Nhieu $192,000 Lawyers Title
Palika Place Trust #8966 $168,000 None Available
Lai Sun Guing $317,000 Lawyers Title
Riggle Michael A $165,000 Commonwealth Land Title
Crew Phyllis K -- --
Crew Phyllis K -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Sarah Joelle $528,650
Previous Owner Nguyen Andy $100,000
Previous Owner Nguyen Andy $291,000
Previous Owner Nguyen Andy $288,000
Previous Owner Nguyen Anh Quoc $252,000
Previous Owner Holt Kenneth R $202,500
Previous Owner Le Nhieu $140,000
Previous Owner Le Nhieu $60,000
Previous Owner Lai Sun Guing $83,000
Previous Owner Lai Sun Guing $47,550
Previous Owner Lai Sun Guing $253,600
Previous Owner Riggle Michael A $123,700
Previous Owner Crew Phyllis K $85,502
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $545,000 -0.7% $640 / Sq Ft
05/21/2024 05/21/24 For Sale $549,000 +74.3% $645 / Sq Ft
11/18/2016 11/18/16 Sold $315,000 +1.9% $370 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $309,000 +14.4% $363 / Sq Ft
05/07/2015 05/07/15 Sold $270,000 -3.6% $317 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $280,000 +45.8% $329 / Sq Ft
04/30/2012 04/30/12 Sold $192,000 -4.0% $226 / Sq Ft
02/03/2012 02/03/12 Price Changed $199,900 -1.5% $235 / Sq Ft
01/13/2012 01/13/12 Price Changed $203,000 -1.0% $239 / Sq Ft
12/08/2011 12/08/11 Price Changed $205,000 -1.9% $241 / Sq Ft
12/02/2011 12/02/11 Price Changed $209,000 -0.4% $246 / Sq Ft
10/11/2011 10/11/11 Price Changed $209,880 -0.1% $247 / Sq Ft
09/28/2011 09/28/11 Price Changed $209,990 -0.4% $247 / Sq Ft
09/27/2011 09/27/11 Price Changed $210,900 -1.9% $248 / Sq Ft
08/18/2011 08/18/11 For Sale $214,999 -- $253 / 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 $4,636 $555,900 $440,263 $115,637
2024 $4,636 $358,413 $262,616 $95,797
2023 $4,549 $351,386 $257,467 $93,919
2022 $4,452 $344,497 $252,419 $92,078
2021 $4,405 $337,743 $247,470 $90,273
2020 $4,346 $334,280 $244,932 $89,348
2019 $4,182 $327,726 $240,129 $87,597
2018 $4,098 $321,300 $235,420 $85,880
2017 $4,041 $315,000 $230,803 $84,197
2016 $3,524 $274,117 $184,819 $89,298
2015 $2,597 $200,659 $113,935 $86,724
2014 $2,534 $196,729 $111,703 $85,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24102924

California Regional Multiple Listing Service (CRMLS)

APN: 933-310-49