Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Susan --
Enclosed is a detailed Current Value Assessment of your home, reflecting the latest market conditions and comparable homes in the Yorba Linda Villages. This assessment also includes my expert opinion on what your home could sell for when paired with a highend marketing strategy designed to attract qualified buyers.
In this you’ll find:
1. Your property’s Tax Record.
2. The comparables I analyzed to arrive at my assessment.
3. Online estimates of your home’s value.
4. My professional evaluation of your home’s potential sale price with the implementation of a high-end marketing strategy.
Lastly, I’ve included a brief overview of my team and me so you can get to know us better.
949-294-2506
TAX RECORD
Owner
FORECLOSURE HISTORY
Document Type
Default Date
Foreclosure Filing Date
Recording Date
Document Number
Book Number
Page Number
Default Amount
Final Judgment Amount
Original Doc Date
Original Document Number
Original Book Page
Lien Type
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
Chris Taylor
Keller Williams Luxury International
Summary of Comparable Properties
S SOLD LISTINGS
Analysis
Chris Taylor
Keller Williams Luxury International
Chris Taylor
Comparable homes sold for an average of $642 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
5128 Lakeview Avenue 18
Yorba Linda, CA 92886
$599,000 2 Beds 1.00 Baths
864.0 Sq. Ft. ($693 / sqft)
ACTIVE 2/5/25 Year Built 1963 Days on market: 3
Details
Prop Type: Condominium
County: Orange
Area: 85 - Yorba Linda
Subdivision: Other (OTHR)
Style: Traditional
Features
Association Name: Yorba Linda Village
Association Y N: Yes
Community Features: Horse Trails, Suburban
Construction Materials: Slump Block
Contract Status Change
Date: 2025-02-05T00:00:00
Cooling: Central Air
Elevation Units: Feet
Foundation Details: Slab
Heating: Central
Full baths: 1.0
Lot Size (sqft):
List date: 2/5/25
Updated: Feb 9, 2025 6:44 AM
List Price: $599,000
Orig list price: $599,000
Assoc Fee: $400
School District: PlacentiaYorba Linda Unified
High: Esperanza
Middle: Yorba Linda
Elementary: Linda Vista
Interior Features: Granite Counters, High Ceilings
Land Fee/Land Lease: Fee Levels: One
Listing Terms: Cash, Cash To New Loan
Lot Features: Yard
Main Level Bedrooms: 2
Number Of Units In Community: 42
Patio And Porch Features: Patio, Rear Porch, Slab
Pool Features: Association
Pool Private Y N: No
Property Attached Yes/No: Yes
Property Condition: Updated/Remodeled
Road Surface Type: Paved
Roof: Composition
Bathroom Features: Granite Counters, Main Floor Full Bath, Upgraded
Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard, Trust View: None
Virtual Tour: View
Water Source: Private
Window Features: Double Pane Windows
Year Built Source: Assessor
Remarks
This charming single-level condo in the desirable Yorba Linda Villages offers a wonderful opportunity for comfortable living. Featuring 2 bedrooms, 1 bathroom, and 864 square feet of living space, this home boasts a great floorplan with vaulted ceilings and a skylight that fills the interior with natural light. The remodeled kitchen showcases beautiful stainless steel appliances and sink, complemented by wood cabinets and granite countertops. A spacious living room with hardwood floors and a brick hearth fireplace with gas logs provides a warm and inviting atmosphere. The spacious primary bedroom and updated bathroom, featuring a newer wood vanity and granite countertops, add to the appeal. Additional highlights include double pane windows, mirrored wardrobe closet doors, and a private back patio with a small planting area. Enjoy the convenience of one covered carport plus overflow parking, along with access to a large HOA pool and three community laundry rooms. Located adjacent to Old Town Yorba Linda Town Center, this condo is nearby many shops, markets, and restaurants.
Courtesy of Major League Properties Information is deemed reliable but not guaranteed.
5120 Lakeview Avenue 5 Yorba Linda, CA 92886
$555,000 2 Beds 1.00 Baths
CLOSED 12/3/24
Details
Prop Type: Condominium
County: Orange
Area: 85 - Yorba Linda
Subdivision: Village I (VIL1)
Style: Cottage
Features
Accessibility Features: No
Interior Steps
Association Name: Yorba Linda Village
Association Y N: Yes
Carport Spaces: 1
Community Features: Hiking, Horse Trails, Sidewalks, Street Lights, Suburban
Construction Materials: Brick, Stucco
Contract Status Change
Date: 2024-12-03T00:00:00
Cooling: Central Air
864.0 Sq. Ft. ($642 / sqft)
Year Built 1963 Days on market: 7
Full baths: 1.0
Lot Size (sqft):
List date: 9/10/24
Sold date: 12/3/24
Off-market date: 10/2/24
Updated: Dec 12, 2024 5:14 AM
List Price: $499,000
Orig list price: $499,000
Assoc Fee: $400
School District: PlacentiaYorba Linda Unified
High: Esperanza
Middle: Yorba Linda
Elementary: Linda Vista
Chris Taylor
Elevation Units: Feet
Flooring: Carpet, Tile
Foundation Details: Slab
Heating: Central, Forced Air
Interior Features: Block Walls, Formica Counters, High Ceilings, Open Floorplan, Pantry, Track Lighting
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Cash, Cash To New Loan
Main Level Bedrooms: 2
Number Of Units In Community: 43
Parking Total: 1
Patio And Porch Features: Concrete, Patio, Slab
Pool Features: Association, Community
Pool Private Y N: No
Possession: Close Of Escrow
Property Attached Yes/No: Yes
Property Condition: Turnkey
Road Surface Type: Paved Roof: Composition
Bathroom Features: Bathtub, Shower in Tub, Closet in bathroom, Exhaust fan(s), Laminate Counters, Linen Closet/Storage
Kitchen Features: Formica Counters
Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Office
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Yes/No: No
Remarks
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected View: None
Virtual Tour: View
Water Source: Public
Year Built Source: Public Records
Come and join the Yorba Linda Village Community! You are right in the middle of Yorba Linda and just a short walk to groceries, restaurants, the Yorba Linda Library, and the Town Center. Single level living in a unit that has been refurbished and ready to move into. There are two bedrooms, the smaller one is set up as an office and the other bedroom is very spacious. The bathroom has a sink area and then the room with a tub/shower combo and the toilet. The kitchen has also been refurbished with a new stove and dishwasher and the counters have been resurfaced. Tile floors cover the living room and the kitchen and the bathroom and carpet covers the two bedrooms. The living room has a gas fireplace with a raised hearth. The kitchen has counter seating as well as a breakfast nook. This unit is really nice! A slider leads out the patio area with an area for planting, if that is your need or for pets. Private as well. Open the door from the patio to the back wall and you are in your covered section of the carport for easy accessibility. Very desirable and with lots of light very relaxing. The HOA has a pool and walkways throughout the complex. Come and see!
Courtesy of Keller Williams Realty Information is deemed reliable but not guaranteed.
Chris Taylor
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$531,356 $479,105 $572,000 $347,992
WHAT DO I THINK?
This is a difficult one to assess due to the lack of data and the fact that your floorpan hasn’t sold in many years, but based on current market conditions, comparable homes in the neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$535K - $560K
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and two cats. He has also made frequent real estate-related appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
