NOT LISTED FOR SALE

Estimated Value: $4,484,138 - $5,311,000

5 Beds
5 Baths
4,713 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $2,807,987 $596 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $31,674/month

51 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Open Floorplan
  • Marblehead Elementary School Rated A-
  • Peek-A-Boo Views
  • Clubhouse

About This Home

As of December 2016

New construction in the breathtaking community of Sea Summit. This 4,713 sq. ft. home has a three car garage and a great room from entertaining guests. The upstairs master on the back of the home with a covered desk, has bi-fold doors to take advantage of the gorgeous views. Also upstairs is the laundry room. Sea Summit offers a resort style clubhouse with a pool, spa, exercise room, BBQ lounge area, and gathering area all on top of the bluffs with panoramic views. This community includes 5 parks with 4 miles of walking trails, 100-acres of open space, which are all conveniently located off the freeway and within minutes of shops, the beach, and the train station.

Last Agent to Sell the Property

Philip Bodem

Meritage Homes of California License #01130695 Listed on: 08/23/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,902

Year Built

  • Built in 2016

Lot Details

  • 7,846 Sq Ft Lot
  • Block Wall Fence
  • Private Yard
  • Front Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Interior Block Wall
  • Clay Roof

Interior Spaces

  • 4,713 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Peek-A-Boo Views

Kitchen

  • Open to Family Room
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 5 Full Bathrooms

Laundry

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

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 154
  • Tax Tract Number 8817

Community Details

Overview

  • Built by Taylor Morrison
  • Residence 3

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,902

Year Built

Built in 2016

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System
  • Subdivision Name Other: Sea Summit
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4713.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, High Ceilings, Intercom, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Levels: Two
  • Price Per Square Foot: 595.80
  • Room Type: Family Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Taylor Morrison
  • Pool Features: Association
  • Pool Private: No
  • Roof: Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Range Hood, Tankless Water Heater
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Clubhouse, Gym/Ex Room, Hiking Trails, Playground, Pool, Spa/Hot Tub
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 7846.00
  • Price Per Lot Square Foot: 372.58

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 154
  • Tax Tract Number: 8817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Feb 6, 2017
Sold by
Reed Robert E and Reed Kristy Marie
Bought by
Reed Robert E and Reed Kristy M
Seller's Agent
Philip Bodem
Meritage Homes of California
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,923,253
Sold Price
$2,807,987
Premium/Discount to List
-$115,266
-3.94%
Current Estimated Value
$4,997,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,189,249
Avg. Annual Appreciation
7.03%
Original Mortgage
$625,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 13, 2016
Sold by
Marblehead Development Partners Llc
Bought by
Reed Robert E and Reed Kristy Marie
Seller's Agent
Philip Bodem
Meritage Homes of California
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,923,253
Sold Price
$2,807,987
Premium/Discount to List
-$115,266
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Reed Robert E -- None Available
Reed Robert E $2,808,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert E $513,800
Closed Reed Robert E $610,000
Closed Reed Robert E $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $2,807,987 -3.9% $596 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $2,923,253 -- $620 / 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 $45,902 $3,310,677 $2,037,110 $1,273,567
2024 $45,902 $3,245,762 $1,997,166 $1,248,596
2023 $45,968 $3,182,120 $1,958,006 $1,224,114
2022 $45,053 $3,119,726 $1,919,614 $1,200,112
2021 $44,127 $3,058,555 $1,881,974 $1,176,581
2020 $43,608 $3,027,194 $1,862,677 $1,164,517
2019 $43,456 $2,967,838 $1,826,154 $1,141,684
2018 $43,503 $2,864,146 $1,790,347 $1,073,799
2017 $42,723 $2,807,987 $1,755,242 $1,052,745
2016 $22,751 $861,339 $861,339 $0
2015 $8,600 $848,401 $848,401 $0
2014 $6,380 $628,727 $628,727 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16186002

California Regional Multiple Listing Service (CRMLS)

APN: 691-434-32