553 S Walnut Ave, Brea, CA 92821
Image 2 for 553 S Walnut Ave, Brea, CA 92821
Image 3 for 553 S Walnut Ave, Brea, CA 92821
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553 S Walnut Ave Brea, CA 92821

$700,000 Sold Price as of 09/29/2021
  • 2 Beds
  • 1 Baths
  • 840 Sq.Ft.
Sold
$700,000 Sold Price as of 09/29/2021 Refinance Your Mortgage

Map preview of 553 S Walnut Ave, Brea, CA 92821

Property Overview: 553 S Walnut Ave Brea, CA has 2 bedrooms, 1 bathrooms, 840 living square feet and 6,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY IN DOWNTOWN BREA! Welcome to this Brea Historical Landmark! This charming 1926 Craftsman Bungalow is located on a lovely tree lined street in a highly sought after area of downtown Brea. AND, this property is perfectly situated and already confirmed by City Planning Department for the addition of an ADU! The house has been fully restored to pristine condition, with newly refinished original hardwood flooring and new custom paint inside and outside. The living room is graced with a unique and beautifully ornate fireplace and mantle. The quaint kitchen features a functional granite counter, deep single sink, and custom made hutch and convenient island on wheels to add extra working space, as well as a cozy breakfast nook with built in bench seating and table. inside laundry is just around the corner and has a door that opens to the back yard. A welcoming back patio with lattice cover and roll down custom shades is perfect for summer gatherings and barbeques. A beautiful fig tree in the huge back yard ads charm, shade, and delicious fruit. This wonderful Craftsman home sits on a very large lot with FULL BACK ALLEY ACCESS, just waiting for the savvy buyer to build a second structure for extended family or rental income for life. The alley behind the property dead-ends at the south end of this property, so there will never be traffic driving by in the alley. See photos. Also, the property immediately to the north is the Saint Angela Merici Catholic Church, so you'll always have respectful neighbors! This property has the absolute BEST combination of features...wonderful historic home, located in thriving downtown Brea, and ADU potential which has already been approved by the city. Original garage can either be demolished for the addition of the ADU, or restored and incorporated into the plans. See supplements to view Brea City Planners sketches of different ADU possibilities. Located in award winning Brea-Olinda Unified School District, one of the highest rated school districts in Orange County. The district includes Arovista Elementary School that has dual language immersion program, Brea Junior High School, and Brea Olinda High School. es.

Listed by Gail Anderson | BRE #01255505 | Inet Realty
Last checked: 1 minute ago | Last updated: January 3rd, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,125
HOA Dues
$0/mo
Year built
1924
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW21176717
City
Brea
County
Orange
Time on Site
994 days

Virtual Tour

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Property Details for 553 S Walnut Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Decorative
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Nook
  • Flooring: Wood
  • All Bedrooms Down, Center Hall
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Gas Water Heater, Microwave, Water Heater
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
  • Window Features: Blinds, Double Pane Windows, Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • Satellite Dish
  • Has Fence
  • Block, Good Condition, Wood
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete, Covered
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 28426307
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Pillar/Post/Pier, Raised
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Brea-Olinda Unified
Location / Neighborhood
Location Information
  • Directions: From Brea Blvd, turn west on Fir, then right on S Walnut. First house on left after the church property
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

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Sale History for 553 S Walnut Ave

Last leased for $2,900 on January 3rd, 2024
  • January, 2024

  • Jan 3, 2024

    Date

    Leased

    CRMLS: PW23198047

    $2,900

    Price

  • Oct 24, 2023

    Date

    Active

    CRMLS: PW23198047

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Charming Historic 1824 Craftsman Bungalow located in Downtown Brea. Front Porch is great sitting area before entering the property. Enter into the Living Room with a decorative fireplace mantel and built in custom cabinets. Kitchen has a granite countertop with sink, custom hutch that provides storage, breakfast nook with table and bench seating, gas range and microwave. Two bedrooms with walk-in closets. Full bathroom with shower over tub, custom vanity, storage and a seating area.Inside lundry with washer and dryer hook ups. Hardwood floors throughout. Dual pane windows with rolldown shades. Back yard has a covered patio area for outdoor entertaining.

  • October, 2022

  • Oct 21, 2022

    Date

    Leased

    CRMLS: PW22199720

    $2,800

    Price

  • Sep 12, 2022

    Date

    Active

    CRMLS: PW22199720

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Charming Historic 1924 Craftsman Bungalow located in Downtown Brea. Walk up to front porch for sitting outside before entering the Living Room. Living Room has a decorative fireplace mantel, built in custom cabinets and tons of charm. The kitchen has a granite countertop with sink, custom made hutch for storage, breakfast nook with table and bench seating, gas range and microwave. Two bedrooms with walk-in closets. Full bathroom includes shower over the tub, custom vanity, ample storage and a seating area. Inside laundry room has washer and dryer hookups, water hook-up for a refrigerator, storage and door opening to the back yard. Back yard has a covered patio and a private back yard. Beautiful refinished hardwood floors throughout. Windows are dual pane with roll down custom shades.

  • October, 2021

  • Oct 11, 2021

    Date

    Active

    CRMLS: PW21225670

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Charming Historic 1926 Craftsman Bungalow located in Downtown Brea. Close to Birch Street & Brea Plunge. Walk up to the front porch before entering the beautiful front door. The living room has a decorative fireplace mantel, built in custom cabinets and tons of charm. The kitchen includes a granite counter with sink, custom made hutch for storage, breakfast nook with table and bench seating, gas range and microwave. Two bedrooms with Master having a walk in closet. The full bathroom includes a shower over the tub, custom vanity, ample storage and a seating area. Inside laundry room has washer and dryer hook ups, storage and a door opening to the back yard. Back yard has a covered patio and a private back yard. Beautiful refinished hardwood floors throughout. Windows are dual pane with roll down custom shades. Immaculate and darling for sure!

  • September, 2021

  • Sep 30, 2021

    Date

    Sold

    CRMLS: PW21176717

    $700,000

    Price

  • Sep 16, 2021

    Date

    Pending

    CRMLS: PW21176717

    $699,900

    Price

  • Aug 29, 2021

    Date

    Active Under Contract

    CRMLS: PW21176717

    $699,900

    Price

  • Aug 14, 2021

    Date

    Active

    CRMLS: PW21176717

    $699,900

    Price

  • Aug 11, 2021

    Date

    Coming Soon

    CRMLS: PW21176717

    $699,900

    Price

  • December, 2018

  • Dec 19, 2018

    Date

    Sold

    CRMLS: PW18266195

    $540,000

    Price

  • Nov 20, 2018

    Date

    Active Under Contract

    CRMLS: PW18266195

    $565,000

    Price

  • Nov 7, 2018

    Date

    Active

    CRMLS: PW18266195

    $565,000

    Price

  • Listing provided courtesy of CRMLS

    Cute Bungalow home walking distance to Downtown Brea. Home has original built-in cabinets and hardwood floors. Kitchen also has built-in dining area. Large lot has garden area that could be converted to RV parking. Homes in this area rarely come on the market. This last sold in 1999 so come get it before its gone. Convenient walking distance to Promenade and City Hall Park. Brea Olinda School District! Easy access to FWY & shopping.

  • December, 2018

  • Dec 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • November, 1999

  • Nov 19, 1999

    Date

    Sold (Public Records)

    Public Records

    $174,000

    Price

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Tax History for 553 S Walnut Ave

Assessed Value (2020): $550,800
Year Land Value Improved Value Assessed Value
2020 $523,939 $26,861 $550,800

Home Value Compared to the Market

This property vs the competition

553 S Walnut Ave sold on September 29, 2021 for 41.68% lower than the current median sold price for the city of Brea which is $1,200,000. The median sold price per/sqft for Brea is $601 and this home is sold at $833.21 per/sqft which puts the price per square foot 38.64% higher than the current median sale per square foot for the city of Brea.

About 553 S Walnut Ave

Detailed summary of property

553 S Walnut Ave is a single family home that recently sold in Brea, CA 92821. This house offered 2 bedrooms, 1 bathrooms, roughly 840 living square feet, and sits on an approximately 6,125 square foot lot. 553 S Walnut Ave was first listed on ArdentRealEstateGroup.com on August 11, 2021. The homeowner sold the property for $700,000. Home in Brea are selling for a median price of $1,200,000 and a median price per square foot of $601. Based on Ardent Real Estate Group's Brea Market Data, this home is sold 41.68% lower than the current median priced home. Local homes that are currently for sale include 318 Stardust Dr, 155 Hass Ln and 747 Stone Harbor Circle #55. While the average home in Brea, CA is selling in 40 days, 553 S Walnut Ave has a days on market of 14 days. There are currently 40 homes for sale in the Brea real estate market and 35 of them are single family homes while 4 of them are condos and 1 are townhomes. For more information on this home for sale at 553 S Walnut Ave Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 553 S Walnut Ave

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
840
Lot Size
6,125
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
18
APN
284-263-07

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$949,000
Median Sold Price/Sq.Ft.
$554
Total Inventory
35
Median Sale to List Price %
103.72%
Avg Days on Market
17
Loan Type
Conventional (56.25%), FHA (0%), VA (6.25%), Cash (12.5%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.