NOT LISTED FOR SALE

Estimated Value: $3,191,000 - $3,480,000

4 Beds
4 Baths
2,753 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $3,250,000 $1,181 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $18,619/month

110 Days on Market

Highlights

  • New Construction
  • Back Bay Views
  • Main Floor Bedroom
  • Loma Ridge Elementary School Rated A
  • 0.24 Acre Lot
  • Community Pool

About This Home

As of August 2024

BIGGEST LOT NEW HOME AT IRVINE!LOT SIZE UP TO 10500 SQFT!Build your dream home at your backyard.Fabulous 4 Bedroom/4 bath Tuscan style home with loft, sitting high on the hills of Portola Springs. This wonderful home features a gourmet kitchen with upgraded countertops, built in stainless steel Wolf appliances complete with microwave, dishwasher, 6 burner cooktop, oven + a built-in Sub Zero refrigerator.Portola Springs enjoys a multitude of parks, pools, athletic fields, playgrounds and club houses. As a resident you will enjoy all of these facilities. Don’t miss out on this incredible opportunity to own a Highland home.Build your dream home at backyard!Must see!

Last Agent to Sell the Property

Ming Li

Pinnacle Real Estate Group Brokerage Phone: 6262230124 License #02011879 Listed on: 05/10/2024

Pinnacle Real Estate Group

Last Buyer's Agent

Ruo Yueh

Alink Realty Group License #02133182

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,497 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Back Bay Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 343
  • Assessor Parcel Number 59161129
  • $3,835 per year additional tax assessments

Community Details

Overview

  • Keystone Association, Phone Number (949) 838-3245
  • Keystone Pacific Property Management HOA

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Highland
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 59161129
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2753.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1180.53
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • View: Back Bay
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: keystone
  • Phone: 949-838-3245
  • Senior Community: No
  • Community Features: Park
  • Association Management: Keystone Pacific Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10497.00
  • Lot Size Acres: 0.2410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10497.0000 Square Feet
  • Number Of Units Total: 80

Tax Info

  • Tax Census Tract: 524.38
  • Tax Lot: 80
  • Tax Tract Number: 343
  • TaxOtherAnnualAssessmentAmount: 3835.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 28, 2024
Sold by
Irvine Ai Home Realty Llc
Bought by
New Wave Investments Management Llc
Seller's Agent
Ming Li
Pinnacle Real Estate Group
Buyer's Agent
Ruo Yueh
Alink Realty Group
List Price
$3,499,900
Sold Price
$3,250,000
Premium/Discount to List
-$249,900
-7.14%
Views
45
Current Estimated Value
$3,327,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,186
Avg. Annual Appreciation
1.75%
Original Mortgage
$300,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 13, 2024
Sold by
Li Ming
Bought by
Irvine Ai Home Realty Llc

Purchase Details

Closed on
Feb 13, 2024
Sold by
Chen Meiqin
Bought by
Li Ming

Purchase Details

Closed on
Jan 8, 2024
Sold by
Zheng Wenjuan
Bought by
Li Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,177,731
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2023
Sold by
Irvine Pacific Lp
Bought by
Chen Meiqin and Li Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,177,731
Interest Rate
7.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
New Wave Investments Management Llc $3,250,000 Fidelity National Title
Li Ming -- Fidelity National Title
Irvine Ai Home Realty Llc -- Fidelity National Title
Irvine Ai Home Realty Llc -- Fidelity National Title
Li Ming -- Fidelity National Title
Li Ming -- First American Title
Chen Meiqin $2,722,500 First American Title
Irvine Pacific Lp -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed New Wave Investments Management Llc $300,000
Previous Owner Chen Meiqin $2,177,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $3,250,000 -4.4% $1,181 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $3,399,000 -1.5% $1,235 / Sq Ft
06/28/2024 06/28/24 Price Changed $3,449,900 -1.4% $1,253 / Sq Ft
05/10/2024 05/10/24 For Sale $3,499,900 -- $1,271 / 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 $11,310 $3,250,000 $2,460,012 $789,988
2024 $11,310 $734,830 $3,111 $731,719
2023 $3,865 $3,050 $3,050 $0
2022 $3,833 $2,991 $2,991 $0
2021 $1,820 $2,933 $2,933 $0
2020 $21 $2,903 $2,903 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24094559

California Regional Multiple Listing Service (CRMLS)

APN: 591-611-29