NOT LISTED FOR SALE

Estimated Value: $4,184,842 - $5,808,000

5 Beds
5.5 Baths
3,993 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $3,087,500 $773 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $30,919/month

18 Days on Market

Highlights

  • Peek-A-Boo Views
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Overland Avenue Elementary School Rated A
  • Marble Flooring
  • Lanai

About This Home

As of May 2016

Located on a beautiful tree lined street, next to famous Rancho Park Golf course this 2015 built Traditional has abundance of modern sophistication. Expensive dark oak hrdwd flrs, calacatta & statuary marble, caesarstone, custom cabinetry and top of the line finishes throughout. A dramatic formal entry opens to the lvng rm w/ fireplace and formal dning rm w/ butler's & walk-in pantry. Gourmet Kitchen w/Viking SS appliances & large island w/breakfast counter,Family rm w/built-in custom cabinets, Den/Office adjacent to kitchen. High ceilings, open floor plan, Bi-Fold wall glass doors, large terrace, beautiful private bkyd, outdoor dining w/built-in BBQ makes it entertainer's delight! Master suite w/ marble fireplace, huge walk-in closet, Master bath w/free standing tub, French drs leading to a spacious terrace w/sunset views.Upstairs bedroom suites are bright & have beautiful street views.There is a private guest bedrm suite downstairs.Sound system w/touch screen control.Energy efficient

Last Agent to Sell the Property

Yumi Mandt-Rauch

Spalding & Associates License #01452272 Listed on: 04/18/2016

Last Buyer's Agent

Lu Liao

Emerald Homes Realty License #01245354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,397

Year Built

  • Built in 2015

Lot Details

  • 6,250 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,993 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Center Hall
  • Peek-A-Boo Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Side by Side Parking
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Lanai
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4318-010-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,397

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3993
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Marble
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, On Upper Level, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 776.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Covered Parking, Door Opener, Garage - 2 Car, Side By Side

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4318-010-032
  • Geocode Override: No
  • Lot Size Area: 6250

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2017
Sold by
Tong Eric L
Bought by
Tong Eric L and Liao Ching
Current Estimated Value
$5,010,961

Purchase Details

Listed on
Apr 18, 2016
Closed on
May 17, 2016
Sold by
Vistamar Investments Llc
Bought by
Tong Eric and Liao Ching
Seller's Agent
Yumi Mandt-Rauch
Spalding & Associates
Buyer's Agent
Lu Liao
Emerald Homes Realty
List Price
$3,099,000
Sold Price
$3,087,500
Premium/Discount to List
-$11,500
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$2,087,500
Outstanding Balance
$1,666,455
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$3,144,585

Purchase Details

Listed on
Nov 8, 2014
Closed on
Dec 2, 2014
Sold by
Reiss Gary R
Bought by
Vistamar Investments Llc
Seller's Agent
David Elston
Douglas Elliman
Buyer's Agent
David Elston
Douglas Elliman
List Price
$1,295,000
Sold Price
$1,500,000
Premium/Discount to List
$205,000
15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.70%
Original Mortgage
$1,200,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2002
Sold by
Reiss Gary R
Bought by
Reiss Gary R and Gary R Reiss Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tong Eric L -- None Available
Tong Eric $3,087,500 Equity Title
Vistamar Investments Llc $1,500,000 Chicago Title Company
Reiss Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Eric $2,087,500
Previous Owner Vistamar Investments Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $3,087,500 -0.4% $773 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $3,099,000 +106.6% $776 / Sq Ft
01/20/2015 01/20/15 Sold $1,500,000 +15.8% $1,064 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/08/2014 11/08/14 For Sale $1,295,000 -- $918 / Sq Ft
Source: The MLS

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 $43,397 $3,654,967 $1,677,200 $1,977,767
2024 $43,397 $3,583,302 $1,644,314 $1,938,988
2023 $42,547 $3,513,042 $1,612,073 $1,900,969
2022 $40,553 $3,444,160 $1,580,464 $1,863,696
2021 $40,059 $3,376,628 $1,549,475 $1,827,153
2019 $38,847 $3,276,477 $1,503,518 $1,772,959
2018 $38,727 $3,212,234 $1,474,038 $1,738,196
2016 $33,189 $2,756,875 $1,522,875 $1,234,000
2015 $9,630 $796,314 $789,924 $6,390
2014 $9,664 $780,716 $774,451 $6,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-116540

The MLS

APN: 4318-010-032