1572 Lima Way 6, Placentia, California 92870, Placentia, 92870 - 2 bed, 3 bath

1572 Lima Way 6, Placentia, California 92870 home-pic-0
ACTIVE$749,800$1,320/sqft
1572 Lima Way 6, Placentia, California 92870
2Beds
3Baths
1,320Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Financial Incentive: The property qualifies for a substantial $30,000 grant, which can be applied towards down payment, closing costs, or a lower APR, significantly enhancing buyer affordability.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1183. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.

Compared to the nearby listings

Price:$749.8K vs avg $639.5K (+$110,300)69%
Size:1,320 sqft vs avg 1,162 sqft72%
Price/sqft:$568 vs avg $56650%

More Insights

Built in 2023 (3 years old).
Condition: This property was built in 2023, making it virtually brand new. The kitchen features modern white shaker cabinets, stainless steel appliances, and quartz countertops. Bathrooms are updated with contemporary vanities and fixtures. Luxury vinyl flooring is installed throughout, with zero carpet, and the home includes modern amenities like paid-off solar panels and an EV charging outlet. All components are new and meet current quality standards.
Year Built
2023
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$568
HOA
$221
Days on market
-
Sold On
-
MLS number
TR26007228
Home ConditionExcellent
Features
Deck
View-

About this home

THIS HOME QUALIFIES FOR A $30,000 GRANT! Can be used towards down payment, closing costs, or lower APR. Contact listing agent for details. Welcome to this PAID OFF solar powered home, with 2 beds, 2.5 baths, 1320 sq ft of living space in the gated side of the community. Comes with a DIRECT ACCESS, attached, 2 car garage, EV charging outlet, and in-unit washer/dryer hookup. This model comes with more storage than other models and has window coverings, plus upgraded luxury vinyl flooring THROUGHOUT. ZERO CARPET. The community has a low HOA, guest parking and amenities to enjoy. Amenities include security gates, fire pit lounge, outdoor bbq, half basketball court, playground, and dog park.

J
Jane Yim
Listing Agent

Price History

Date
Event
Price
08/30/23
Sold
$688,000
Condition Rating
Excellent

This property was built in 2023, making it virtually brand new. The kitchen features modern white shaker cabinets, stainless steel appliances, and quartz countertops. Bathrooms are updated with contemporary vanities and fixtures. Luxury vinyl flooring is installed throughout, with zero carpet, and the home includes modern amenities like paid-off solar panels and an EV charging outlet. All components are new and meet current quality standards.
Pros & Cons

Pros

Significant Financial Incentive: The property qualifies for a substantial $30,000 grant, which can be applied towards down payment, closing costs, or a lower APR, significantly enhancing buyer affordability.
Brand New & Energy Efficient: Built in 2023, this home features paid-off solar panels and an EV charging outlet, offering modern living, reduced utility expenses, and environmental benefits.
Extensive Community Amenities: Located within a gated community, residents enjoy a wide array of amenities including a fire pit lounge, outdoor BBQ, half basketball court, playground, and dog park, fostering a vibrant lifestyle.
Upgraded & Low-Maintenance Interior: The home boasts upgraded luxury vinyl flooring throughout (zero carpet), window coverings, and more storage than other models, providing a move-in ready and practical living space.
Convenient & Secure Parking: Includes a direct access, attached 2-car garage with an EV charging outlet, complemented by guest parking within the secure, gated community.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1183. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
No Designated View: The property explicitly states 'view:None,' which may be a drawback for buyers prioritizing scenic outlooks or natural vistas.
Compact Square Footage: With 1320 sq ft, the living space might be considered modest for some buyers, particularly those seeking more expansive rooms or additional flexible areas.
Condominium Lifestyle Limitations: As a condominium, the property inherently involves shared walls and HOA rules, which can limit privacy and personal property modifications compared to a single-family home, despite a low HOA fee.
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