$1,803,200
SOLD MAR 25, 2015
5 Beds
4.5 Baths
4,100 Sq Ft
10,154 Sq Ft Lot

Recently Sold

$440 Per Sq Ft

8% Below List Price

172 Days on Market

Highlights

  • Coastline Views
  • Home Theater
  • Gated Parking
  • Peters Canyon Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of March 2015

LUXURIOUS ESTATE IN THE GATED COMMUNITY OF EMERSON IN TUSTIN RANCH. This model known as THE PROMISE was recipient of PCBC/ Builder Magazine s prestigious Golden Nugget Grand Award in 2000 built by luxury builder Brookfield Homes.This beautiful estate is located on an elevated lot within the community allowing for views from the balcony of the Master Suite. You are immediately greeted with a tastefully decorated living room and a formal dining room accented with espresso hardwood flooring. The Mediterranean arches are accented by polished travertine flooring that takes you into its grand gourmet kitchen. The kitchen is highlighted with a Sub-Zero stainless steel refrigerator,Wine Cooler,Ice Maker, Dishwasher,Double Oven & a 6-burner gas range. An adj. Butler s Serving Station, granite countertops & white cabinetry keep this home classic & timeless with modern amenities.This home boasts a first floor guest bedroom suite, Family room with surround sound adaptable to your smartphone. Other Amenities include: Mstr bthrm w/steam shower, Nest temperature control, AquaLink pool control, 3rd car Garage/Gym with A/C also adaptable for TESLA/Elec Charge with 220V. 5 Bed/5.5 bath. An Entertainer’s back yard w/ a Pool/Spa,& BBQ Island. CA Distinguished Schools

Last Agent to Sell the Property

Kevin Gibbs

KEVIN GIBBS, BROKER License #01860588 Listed on: 07/30/2014

Co-Listed By

Genevieve Loza

So Cal Realty & Associates License #01347835

Last Buyer's Agent

Jennifer Palmquist

Coldwell Banker Realty License #01243459

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 10,154 Sq Ft Lot
  • Cul-De-Sac
  • Brick Fence
  • Sprinklers on Timer

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Gated Parking

Property Views

  • Coastline
  • Panoramic
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Concrete Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 15681
  • Assessor Parcel Number 52518234

Community Details

Overview

  • Emerson Association
  • Foothills

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$340 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Emerson (EMRS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 52518234
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 439.80
  • Room Type: Bonus Room, Family Room, Formal Entry, Guest/Maid's Quarters, Exercise Room, Home Theatre
  • Spa Features: Heated, In Ground, Private

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Coastline, Hills, Panoramic
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Indoor Grill, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Emerson
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 10154.00
  • Lot Size Acres: 0.2330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10154.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 15681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Mar 14, 2019
Sold by
The Alexander Family Trust
Bought by
The Chu Trust
Seller's Agent
Rosemary Kral
First Team Real Estate
Buyer's Agent
Rosemary Kral
First Team Real Estate
List Price
$1,998,880
Sold Price
$1,870,000
Premium/Discount to List
-$128,880
-6.45%
Current Estimated Value
$3,417,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,547,936
Avg. Annual Appreciation
9.20%
Original Mortgage
$1,270,000
Outstanding Balance
$1,114,272
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,259,102

Purchase Details

Closed on
Jan 23, 2015
Sold by
Lawson Jeffrey Lynn and Lawson Jessica Leigh
Bought by
Alexander Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Lawson Jeffrey and Lawson Jessica
Bought by
Lawson Jeffry Lynn and Lawson Jessica Leigh

Purchase Details

Closed on
Nov 14, 2011
Sold by
Barbarosh Craig and Barbarosh Laurie
Bought by
Lawson Jeffrey and Lawson Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2007
Sold by
Barbarosh Craig and Barbarosh Laurie
Bought by
Barbarosh Craig and Barbarosh Laurie

Purchase Details

Closed on
Sep 28, 2001
Sold by
Brookfield Tustin Ranch Inc
Bought by
Barbarosh Craig A and Barbarosh Laurie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.84%
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 Type Sale Price Title Company
Grant Deed $1,870,000 Ticor Ttl Orange Cnty Branch
Grant Deed $1,803,500 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $1,500,000 Stewart Title Of California
Interfamily Deed Transfer -- None Available
Grant Deed $842,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,270,000 New Conventional
Previous Owner $1,440,000 New Conventional
Previous Owner $1,100,000 New Conventional
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2019 04/10/19 Sold $1,870,000 -1.0% $456 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
01/21/2019 01/21/19 Price Changed $1,888,000 -2.1% $460 / Sq Ft
01/02/2019 01/02/19 Price Changed $1,928,880 -1.0% $470 / Sq Ft
12/01/2018 12/01/18 Price Changed $1,948,880 -2.5% $475 / Sq Ft
09/02/2018 09/02/18 For Sale $1,998,880 +10.9% $488 / Sq Ft
03/25/2015 03/25/15 Sold $1,803,200 -2.5% $440 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
11/27/2014 11/27/14 Price Changed $1,848,888 -2.6% $451 / Sq Ft
10/28/2014 10/28/14 Price Changed $1,898,888 -3.1% $463 / Sq Ft
07/30/2014 07/30/14 For Sale $1,959,000 -- $478 / 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 $21,334 $2,086,019 $1,334,393 $751,626
2024 $21,334 $2,045,117 $1,308,228 $736,889
2023 $20,847 $2,005,017 $1,282,576 $722,441
2022 $22,018 $1,965,703 $1,257,427 $708,276
2021 $21,532 $1,927,160 $1,232,771 $694,389
2020 $21,261 $1,907,400 $1,220,131 $687,269
2019 $21,610 $1,942,750 $1,274,637 $668,113
2018 $21,163 $1,904,657 $1,249,644 $655,013
2017 $20,610 $1,867,311 $1,225,141 $642,170
2016 $20,222 $1,830,698 $1,201,119 $629,579
2015 $17,586 $1,567,654 $961,263 $606,391
2014 $17,341 $1,536,946 $942,433 $594,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14163122

California Regional Multiple Listing Service (CRMLS)

APN: 525-182-34