NOT LISTED FOR SALE

Estimated Value: $2,870,000 - $3,172,000

5 Beds
5 Baths
3,000 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $1,630,000 $543 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $17,771/month

45 Days on Market

Highlights

  • Fitness Center
  • Spa
  • City Lights View
  • Alderwood Elementary Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of May 2019

PREMIUM Cul-de-Sac Location, rarely on the market with FULL bedroom and bath on main level in upscale Quail Hill's Olivos featuring five bedrooms, five baths and dual car garages! Generously upgraded with elegant Brazilian Cherry hardwood flooring with designer carpet, custom paint, crown molding, recessed light package, ceiling fans in all bedrooms, dedicated inside laundry room, plantation shutters, disappearing screens, central vacuum system, dual HVAC w/multi-zone thermostat control, and dual Juliet Balconies at front of house with Mountain and City Lights Views! Chef's kitchen includes large center island with solid granite countertops, subway tile backsplash, premium stainless steel KitchenAid appliance package, five burner cooktop, built-in refrigerator and spacious walk-in pantry. Opulent master suite comes complete with solid stone vanity, separate shower and soaking tub with stone surround, with large and professionally organized closet. Exterior includes generous use of natural flagstone hardscape, front Olive tree, backyard built-in Viking BBQ with sit-up bar, stacked-stone water-feature, and a variety of fruit trees. Enjoy acclaimed Alderwood Elementary and University High School, as well as the private community Fitness Center, three pools, tennis, tot lots and parks plus Quail Hill dining. Easy access to the 133, I-5, and I-405 freeways and minutes to the O.C. airport, Irvine Spectrum and Laguna Beach!!

Last Agent to Sell the Property

Todd Muradian

Aspero Realty, Inc License #01262816 Listed on: 03/06/2019

Co-Listed By

Diane Merassa

Aspero Realty, Inc License #01320444

Last Buyer's Agent

Michael Walsh

HomeSmart, Evergreen Realty License #01199572

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5,355 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • French Doors
  • Great Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Outdoor Grill
  • Front Porch

Location

  • Property is near park

Schools

  • Alderwood Basics Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 16305
  • Assessor Parcel Number 48112202

Community Details

Overview

  • First Residential Association, Phone Number (949) 448-6000

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$219 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Olivos (OLIV)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48112202
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Intercom, Open Floorplan, Pantry, Recessed Lighting, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 543.33
  • Room Type: Bonus Room, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Custom Covering, Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Privacy Toilet Door
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: City Lights, Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse
  • Association Fee: 219.00
  • Association Fee Frequency: Monthly
  • Association Name: First Residential
  • Phone: 949-448-6000
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • Elementary School: Alderwood Basics
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: ALDBAS
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Park Nearby, Yard
  • Lot Size Sq Ft: 5355.00
  • Lot Size Acres: 0.1229

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5355.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 16
  • Tax Tract Number: 16305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 3, 2019
Sold by
The Pelesgray Trust
Bought by
The Grand Trust
Seller's Agent
Todd Muradian
Aspero Realty, Inc
Buyer's Agent
Michael Walsh
HomeSmart, Evergreen Realty
List Price
$1,699,880
Sold Price
$1,630,000
Premium/Discount to List
-$69,880
-4.11%
Current Estimated Value
$3,066,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,436,533
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Gray Kevin M and Pelesgray Tal T
Bought by
Gray Kevin M and Pelesgray Tal T

Purchase Details

Closed on
Jan 12, 2004
Sold by
California Pacific Homes Inc
Bought by
Gray Kevin M and Peles Gray Tal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Grand Trust $1,630,000 California Title Company
Gray Kevin M -- Fidelity National Title Co
Gray Kevin M $745,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Kevin M $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $1,630,000 -4.1% $543 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $1,699,880 -- $567 / 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 $17,837 $1,488,605 $744,305 $744,300
2024 $17,837 $1,459,417 $729,711 $729,706
2023 $17,499 $1,430,801 $715,402 $715,399
2022 $17,171 $1,402,747 $701,375 $701,372
2021 $16,894 $1,375,243 $687,623 $687,620
2020 $16,735 $1,361,142 $680,572 $680,570
2019 $12,454 $949,412 $475,635 $473,777
2018 $12,241 $930,797 $466,309 $464,488
2017 $12,031 $912,547 $457,166 $455,381
2016 $11,820 $894,654 $448,202 $446,452
2015 $11,594 $881,216 $441,470 $439,746
2014 $11,653 $863,955 $432,823 $431,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19049283

California Regional Multiple Listing Service (CRMLS)

APN: 481-122-02