See Home Value
Brea 92821
981 Forbes Drive
$1,495,907*
House - Off Market

981 Forbes Drive

Brea, CA 92821
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2720 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jul 05, 2023
$1,505,000
$825,000 by Valley View Home Loans
Mortgage Due Jul 01, 2053
Sold Feb 19, 2004
$840,000
$333,700 by First Horizon Home Loan Corp
Mortgage Due Mar 01, 2019

About This Property

Welcome to 981 Forbes Drive! A beautiful JM Peters Gallery Executive Home located on a cul-de-sac! This spacious home features 4 Bedrooms and 3 Baths. Open floorplan and bright vaulted ceilings, marble flooring, stunning circular stairway and a spacious formal living and dining room with the Kitchen of a chef's dream! Downstairs bedroom is currently being used as an office and can be converted to a bedroom with a full bathroom. Upstairs you will find 3 more spacious bedrooms with the large master suite that features cathedral ceilings, a cozy fireplace. You'll be amazed by the alluring layer of golden waves along the Pacific coast and the gorgeous views of Catalina Island. On the rare misty days, Brea will vanish right before your eyes. Enjoy the peaceful, lovely sunsets in an organic garden.

The manager has listed the unit size as 2720 square feet.
Unit Size
2,720Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$551
Property Type
House
Property Taxes
-
HOA Dues
$308
Year Built
1987

Price History

Date / Event Date Event Price
Jul 7, 2023 No longer available -
No longer available
Jul 5, 2023 Sold to Hyun C Kim $1,505,000
Sold to Hyun C Kim
Jun 7, 2023 In contract -
In contract
May 26, 2023 Listed $1,500,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 622
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 2,720
  • Building Area: 2,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 12562
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 12562 BLK LOT 37

Ownership

  • Current Owner : KIM HYUN C
  • Previous Owner : SCOTT PAUL A
  • Previous Owner 2: YUAN YIHUA
  • Owner Before Previous Owner: VANDERVELDE CATRINUS
  • Owner Before Previous Owner 2: VANDERVELDE ALKE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Brea-Olinda Unified School District
  • Census Tract: 001506

Geography

  • Assessors Map Reference: 2-F4
  • Subdivision Tract Number: 12562
  • Parcel: 319-342-07
  • Lot: 37
  • Latitude: 33.9322
  • Longitude: -117.886

    Address

  • Full Address: 981 Forbes Dr
  • Address - House Number: 981
  • Address - Street Name: Forbes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Brea
  • Carrier Code: C012
  • 4-Digit Zip Code: 7309
  • Zip Code: 92821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,788
  • Tax Rate Code Area: 02-031

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 1,448,688
  • High Value: 1,746,275
  • Low Value: 1,151,101

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,210,160
  • First Open Lien Mortgage Lender: VALLEY VIEW HOME LOANS
  • First Open Lien Mortgage Recording Date: Jul 05, 2023
  • First Open Lien Mortgage Loan Amount: $825,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053
  • Second Open Lien Mortgage Lender: COMERICA BANK
  • Second Open Lien Mortgage Recording Date: Oct 06, 2023
  • Second Open Lien Mortgage Loan Amount: $385,160
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 09, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,147,923
  • Assessed Land Value: $818,071
  • Assessed Improvements Value: $329,852

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Transaction ID: 11908952032
  • Current Sale Price: $1,505,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 160213
  • Previous Sale Recording Date: Feb 19, 2004
  • Previous Sale Contract Date: Feb 11, 2004
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: VALLEY VIEW HOME LOANS
  • First Mortgage Transaction Date: Jul 05, 2023
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Feb 19, 2004
  • Previous Mortgage Loan Amount: $333,700
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2019



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brea


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Frequently Asked Questions

When was property at 981 Forbes Drive built and last sold?
The property at 981 Forbes Drive was built in 1987 and last sold on Jun 22, 2023 for $1,505,000.
How much is this home worth?
The estimated value of the home located at 981 Forbes Drive is $1,518,751.
What are some comparable homes to 981 Forbes Drive?
There are currently no comparable homes to 981 Forbes Drive.

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