NOT LISTED FOR SALE

1162 Tiki Ln Tustin, CA 92780

Estimated Value: $1,448,000 - $1,616,311

4 Beds
3.5 Baths
2,487 Sq Ft
$620/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $950,000 $382 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,579/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Pool View
  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2019

Beautifully Remodeled Tustin Pool & Spa Home on a 10,000 Square Foot Lot! Three En Suites! Fantastic Location! Great Curb Appeal with Stack Rock Highlights, Custom Hardscape, Lush Colorful Landscape and New Dimensional Roof! Inviting Double Door Atrium Formal Entry! Spacious “Pool View” Living Room with Wall-To-Wall Windows, Distinctive Fireplace with Raised Hearth and Custom Cabinets! Remodeled Gourmet Kitchen with Granite Counters & Breakfast Bar for 4, Quality Cherry Wood Cabinets, Bay Window, Stainless Appliances including the Refrigerator! Spacious Casual/Formal Dining Room with Custom “Wall-To-Wall” Wall Unit! Elegant “Pool View” Master Suite with Bay Windows, Large “Organized” Walk-In Wardrobe, Remodeled Luxurious Master Bath With Soaking Tub, Separate Oversized Shower, and Mini Office! Remodeled Guest Bathroom with Convenient Access From the Backyard! 2nd Bedroom with Mirrored Wardrobe and French Sliders to Gorgeous Backyard! 3rd Bedroom En Suite with Mirrored Wardrobe, and Oversized Seated Shower! Fourth Bedroom En Suite with Retreat and Seated Shower! Separate Laundry Room with Wall-To-Wall Cabinets! Generous Use of Expensive Plantation Shutters and Crown Moulding Throughout! Spectacular Backyard Designed for Maximum Family Enjoyment and Entertaining! Impressive River Rock Water Feature Flows to Spa and Pool! Lounge Under the “Spa-Side” Shade Tree, Or Sun in the Expansive Patio! Prepare Meals and Serve Drinks From Your Pool Side Barbecue Island and Wet Bar!

Last Listed By

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670 Listed on: 07/04/2019

Team Chamberlain Realty Exe.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,371

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 10,000 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Turnkey
  • Additions or Alterations
  • Composition Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2,487 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Pool Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Suburban Location

Schools

  • Benson Elementary School
  • Tustin High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 4494
  • Assessor Parcel Number 50013202

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,371

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50013202
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2487.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 381.99
  • Room Type: All Bedrooms Down, Entry, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private, Gunite, In Ground
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Pool
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio, Slab
  • Pool Features: Private, Gunite, Heated, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stone Veneer, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Disposal, Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Tustin Unified
  • Elementary School: Benson
  • High School: Tustin
  • Elementary School: Benson
  • High School: Tustin
  • Elementary School #2: BENSON
  • High School2: TUSTIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.06
  • Tax Lot: 31
  • Tax Tract Number: 4494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Thakore Devanshu H and Bhogineni Thakore Susmita
Bought by
Thakore Devanshu H and Bhogineni Thakore Susmita
Total Days on Market
4
Current Estimated Value
$1,541,828

Purchase Details

Listed on
Jul 4, 2019
Closed on
Jul 19, 2019
Sold by
Engstrom Kurt A and Engstrom Lisa
Bought by
Thakore Devanshu and Thakore Susmita Bhogineni
Seller's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
Buyer's Agent
Christopher Bistolas
Redfin
List Price
$935,000
Sold Price
$950,000
Premium/Discount to List
$15,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$650,000
Outstanding Balance
$578,895
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,048,938

Purchase Details

Closed on
Apr 2, 2013
Sold by
Engstrom Kurt A
Bought by
Engstrom Kurt A and Engstrom Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
3.41%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 2011
Sold by
Villegas Richard L and Villegas Keli
Bought by
Engstrom Kurt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,015
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2002
Sold by
Blitch Michael B and Blitch Carole A
Bought by
Villegas Richard L and Villegas Keli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.87%

Purchase Details

Closed on
May 5, 1999
Sold by
Blitch Michael B and Blitch Carole A
Bought by
Blitch Michael B and Blitch Carole A

Range of Values:

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Average Value
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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
Thakore Devanshu H -- None Available
Thakore Devanshu $950,000 Orange Coast Ttl Co Of Socal
Engstrom Kurt A -- First American Title Company
Engstrom Kurt A $670,000 Chicago Title Company
Villegas Richard L $545,000 Southland Title Corporation
Blitch Michael B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakore Devanshu $650,000
Previous Owner Engstrom Kurt A $632,000
Previous Owner Engstrom Kurt A $653,015
Previous Owner Villegas Richard L $399,000
Previous Owner Villegas Richard L $45,000
Previous Owner Villegas Richard L $420,000
Previous Owner Villegas Richard L $415,000
Previous Owner Blitch Michael B $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $950,000 +1.6% $382 / Sq Ft
07/04/2019 07/04/19 For Sale $935,000 -- $376 / 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
2024 $11,371 $1,018,590 $803,409 $215,181
2023 $11,105 $998,618 $787,656 $210,962
2022 $10,951 $979,038 $772,212 $206,826
2021 $10,729 $959,842 $757,071 $202,771
2020 $10,675 $950,000 $749,308 $200,692
2019 $8,605 $769,495 $567,772 $201,723
2018 $8,463 $754,407 $556,639 $197,768
2017 $8,313 $739,615 $545,724 $193,891
2016 $8,163 $725,113 $535,023 $190,090
2015 $8,201 $714,222 $526,987 $187,235
2014 $7,988 $700,232 $516,664 $183,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19158276

California Regional Multiple Listing Service (CRMLS)

APN: 500-132-02