NOT LISTED FOR SALE

1051 Regis Way Tustin, CA 92780

Estimated Value: $966,859 - $1,305,000

3 Beds
2 Baths
1,546 Sq Ft
$729/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $680,000 $440 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,864/month

5 Days on Market

Highlights

  • In Ground Pool
  • Atrium Room
  • Main Floor Bedroom
  • Red Hill Elementary School Rated A-
  • Cathedral Ceiling
  • Private Yard

About This Home

As of January 2020

Amazing opportunity to buy a 3 bedroom single story home that is nestled within the private and highly sought after community of The Colony, with resort style community pool, spa, tennis court, mature trees, quiet streets and conveniently located near guest parking, shopping, restaurants, schools and freeways. This property is being sold as-is; it has tremendous potential and is priced accordingly, ideal for contractors or investors looking to update.
See agent remarks for additional information and showings.

Last Agent to Sell the Property

Marcelo Loyola

RE/MAX Premier Realty License #01035226 Listed on: 12/30/2019

RE/MAX Premier Realty

Last Buyer's Agent

John Katnik

Katnik Brothers R.E. Services License #01881694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1976

Lot Details

  • 3,675 Sq Ft Lot
  • Property fronts a private road
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cosmetic Repairs Needed
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Double Door Entry
  • Atrium Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Atrium Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Range
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Red Hill Elementary School
  • Hewes Middle School
  • Foothill High School

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 8108
  • Assessor Parcel Number 50103122

Community Details

Overview

  • The Colony Association, Phone Number (866) 473-2573
  • La Colina HOA

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,215

Year Built

Built in 1976

Lot Details

0

HOA Fees

$283 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50103122
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1546.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Atrium Doors, Double Door Entry
  • Eating Area: Area, Breakfast Nook, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 439.84
  • Room Type: All Bedrooms Down, Atrium, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community
  • Window Features: Drapes
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Roof: Other
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Call for Rules
  • Association Fee: 283.00
  • Association Fee Frequency: Monthly
  • Association Name: The Colony
  • Phone: 866.473.2573
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Street Lights
  • Association Management: La Colina HOA

Schools

  • Elementary School: Red Hill
  • High School: Foothill
  • Middle Or Junior School: Hewes
  • Elementary School #2: REDHIL
  • High School2: FOOTHI2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Paved, Yard
  • Lot Size Sq Ft: 3675.00
  • Lot Size Acres: 0.0844

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3675.0000 Square Feet
  • Number Of Units Total: 58

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 22
  • Tax Tract Number: 8108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Jan 7, 2020
Sold by
Witczak Karla and The Penney Trust
Bought by
Katnik Walker Laura
Seller's Agent
Marcelo Loyola
RE/MAX Premier Realty
Buyer's Agent
John Katnik
Katnik Brothers R.E. Services
List Price
$690,000
Sold Price
$680,000
Premium/Discount to List
-$10,000
-1.45%
Current Estimated Value
$1,126,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,465
Avg. Annual Appreciation
9.19%
Original Mortgage
$510,401
Outstanding Balance
$452,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$674,465

Purchase Details

Closed on
Aug 26, 2010
Sold by
Penney Delbert L and Penney Lenore M
Bought by
Penney Delbert L and Penney Lenore M

Purchase Details

Closed on
Nov 21, 2003
Sold by
Penney Delbert L and Penney Lenore M
Bought by
Penney Delbert L and Penney Lenore M
Source: Public Records

Range of Values:

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Average Value
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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
Katnik Walker Laura $680,000 Ticor Title
Penney Delbert L -- None Available
Penney Delbert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katnik Walker Laura $510,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $680,000 -1.4% $440 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $690,000 -- $446 / 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 $8,215 $743,675 $565,164 $178,511
2024 $8,215 $729,094 $554,083 $175,011
2023 $8,017 $714,799 $543,219 $171,580
2022 $7,899 $700,784 $532,568 $168,216
2021 $7,739 $687,044 $522,126 $164,918
2020 $7,773 $680,000 $516,773 $163,227
2019 $1,898 $141,111 $57,087 $84,024
2018 $1,868 $138,345 $55,968 $82,377
2017 $1,837 $135,633 $54,871 $80,762
2016 $1,806 $132,974 $53,795 $79,179
2015 $1,896 $130,977 $52,987 $77,990
2014 $1,852 $128,412 $51,949 $76,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19286785

California Regional Multiple Listing Service (CRMLS)

APN: 501-031-22