NOT LISTED FOR SALE

Estimated Value: $2,094,000 - $3,203,000

4 Beds
4.5 Baths
2,882 Sq Ft
$940/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $1,260,000 $437 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $18,022/month

64 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • High Ceiling
  • Loma Ridge Elementary School Rated A
  • Bonus Room
  • 4-minute walk to Plateau Park

About This Home

As of June 2020

BRAND NEW HOME IN THE PRIVATE PORTOLA SPRINGS!!! CUSTOM UPGRADES and BRAND NEW LANDSCAPING!!! This beautiful new home features 4 bedrooms, (1 master suite and 2 bedrooms with en-suite bathrooms), kitchen with custom island, backsplash, and state of the art stainless steel appliances. The floor in this home is completely upgraded. The downstairs features a formal dining room, living room, and bedroom with en-suite bathroom. The upstairs has a separate loft with ample space for a play area or additional living space. The upstairs also has three more bedrooms and bathrooms. The master suite features his and her sinks, a massive walk in closet, glass shower, and makeup table. This home is located close to brand new parks, pools, modern playgrounds, basketball courts, hiking trails, and much more! This home is near Woodbury Town Center, the toll road, the 5 freeway, Irvine Spectrum, and much more! Come see this home today!!!

Last Agent to Sell the Property

Amy Chen

Re/Max Premier Realty License #01847630 Listed on: 02/12/2020

Re/Max Premier Realty

Last Buyer's Agent

Mina Liu

RE/MAX Galaxy License #02013017

RE/MAX Galaxy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,535

Year Built

  • Built in 2019

Lot Details

  • 4,000 Sq Ft Lot
  • Backyard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,882 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Family Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Community Details

Overview

  • Portola Springs Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,535

Year Built

Built in 2019

Lot Details

0

HOA Fees

$134 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Elderberry
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2882.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 437.20
  • Room Type: Bonus Room, Family Room, Master Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 134.00
  • Association Fee Frequency: Monthly
  • Association Name: Portola Springs
  • Phone: (949) 833-2600
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Keystone Pacific

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Rear
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918
  • Latitude Manual: 33.69331100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 16, 2020
Sold by
Lee Michael Shanchun and Lee Grace Sun
Bought by
Cai Wei and Chen Jing
Seller's Agent
Amy Chen
Re/Max Premier Realty
Buyer's Agent
Mina Liu
RE/MAX Galaxy
List Price
$1,398,000
Sold Price
$1,260,000
Premium/Discount to List
-$138,000
-9.87%
Current Estimated Value
$2,984,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,724,869
Avg. Annual Appreciation
15.22%
Original Mortgage
$756,000
Outstanding Balance
$675,755
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,952,558

Purchase Details

Closed on
Sep 26, 2019
Sold by
Kb Home Coastal Inc
Bought by
Lee Michael Shanchun and Lee Grace Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,900
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2019
Sold by
Irvine Community Development Company Llc
Bought by
Kb Home Coastal Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Cai Wei $1,260,000 Orange Coast Ttl Co Of Socal
Lee Michael Shanchun $1,307,000 First American Title Company
Kb Home Coastal Inc $244,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Wei $756,000
Previous Owner Lee Michael Shanchun $978,900
Previous Owner Kb Home Coastal Inc $200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $1,260,000 -2.9% $437 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/14/2020 04/14/20 Price Changed $1,298,000 -2.3% $450 / Sq Ft
03/12/2020 03/12/20 Price Changed $1,328,000 -5.0% $461 / Sq Ft
02/12/2020 02/12/20 For Sale $1,398,000 -- $485 / 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 $18,535 $1,377,992 $663,484 $714,508
2024 $18,535 $1,350,973 $650,474 $700,499
2023 $18,212 $1,324,484 $637,720 $686,764
2022 $17,946 $1,298,514 $625,215 $673,299
2021 $17,682 $1,273,053 $612,955 $660,098
2020 $18,038 $1,306,610 $647,747 $658,863
2019 $4,631 $3,211 $3,211 $0
2018 $2,542 $3,149 $3,149 $0
2017 $672 $3,088 $3,088 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20032075

California Regional Multiple Listing Service (CRMLS)

APN: 591-251-14