NOT LISTED FOR SALE

12068 Sylvan River Unit 57 Fountain Valley, CA 92708

Estimated Value: $593,000 - $651,000

2 Beds
2 Baths
1,064 Sq Ft
$435/mo HOA Fee

Last Sold August 05, 2022

Last sale price $547,000 $514 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,339/month

Highlights

  • Primary Bedroom Suite
  • Community Pool
  • Central Air
  • Neighborhood Views
  • Laundry Room

About This Home

As of August 2022

This property is very nice. We rehabbed it prior to new tenants with new quartz counters, recessed lights with dimmer switches, Vinyl plank flooring, and new ceiling fans. Carbon and Smoke Detectors are to code.
New Quartz Kitchen Counters
New Stainless-Steel Stove and Refrigerator
Recessed Lights in the Living room, and both bedrooms
Redone Fireplace with trim and a mantle
New Paint

Last Agent to Sell the Property

Chandler Bell

Compass License #01941440 Listed on: 07/19/2022

Compass

Last Buyer's Agent

Ken Tran

Realty One Group West License #01937599

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1983

HOA Fees

  • $435 Monthly HOA Fees

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 11884
  • Assessor Parcel Number 93859074
  • $358 per year additional tax assessments

Community Details

Overview

  • 164 Units
  • Reserves At Madison Park Association, Phone Number (951) 296-5640
  • Reserves At Madison Park O A HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,506

Year Built

Built in 1983

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93859074
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1064.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 514.10
  • Room Type: Kitchen, Living Room, Master Suite

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 435.00
  • Association Fee Frequency: Monthly
  • Association Name: Reserves at Madison park
  • Phone: 9512965640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Reserves at Madison Park o A

Schools

  • School District: Murrieta

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 164
  • Number Of Units Total: 164

Tax Info

  • Tax Census Tract: 992.27
  • Tax Lot: 4
  • Tax Tract Number: 11884
  • TaxOtherAnnualAssessmentAmount: 358.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Raskin Pavel and Raskin Eleonora
Bought by
Raskin Family Trust and Raskin
Current Estimated Value
$618,364

Purchase Details

Listed on
Jul 19, 2022
Closed on
Jul 21, 2022
Sold by
Jm Legacy Llc
Bought by
Raskin Pavel and Raskin Eleonora
Seller's Agent
Chandler Bell
Compass
Buyer's Agent
Ken Tran
Realty One Group West
List Price
$559,900
Sold Price
$547,000
Premium/Discount to List
-$12,900
-2.3%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Dec 14, 2021
Sold by
Cleaver Shaye and Mack Family Trust
Bought by
Jm Legacy Llc

Purchase Details

Closed on
Dec 7, 2021
Sold by
Jgm Group Inc
Bought by
Cleaver Shaye and Mack Family Trust

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 23, 2020
Sold by
Faris Christopher William and Faris Colleen Ann
Bought by
Jgm Group Inc
Seller's Agent
Jeff Roehrick
Compass
Buyer's Agent
Richard Heitzwebel
Rick Heitzwebel, Broker
List Price
$434,000
Sold Price
$429,320
Premium/Discount to List
-$4,680
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Faris Christopher William and Faris Colleen Ann
Bought by
Faris Christopher William and Faris Colleen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2015
Sold by
Faris Christopher William and Declare Colleen Ann Faris
Bought by
Christopher & Colleen Faris 2015 Trust

Purchase Details

Listed on
Nov 19, 2013
Closed on
Nov 20, 2013
Sold by
Trani Thomas N and Trani Susan L
Bought by
Faris Christopher and Faris Colleen
Seller's Agent
Bob Stallings
Re/Max R. E. Specialists
Buyer's Agent
Jeff Roehrick
Compass
List Price
$318,000
Sold Price
$312,000
Premium/Discount to List
-$6,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$280,800
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Trani Thomas N and Trani Susan L
Bought by
Trani Thomas N and Trani Susan L

Purchase Details

Closed on
Jul 17, 2001
Sold by
Anderson Eric and Anderson Jane
Bought by
Trani Thomas N and Trani Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
7.1%

Purchase Details

Closed on
Jul 11, 1995
Sold by
Chun Susan S and Ohira Susan S
Bought by
Anderson Eric and Chun Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Raskin Family Trust -- None Listed On Document
Raskin Pavel $547,000 Western Resources
Jm Legacy Llc -- None Available
Cleaver Shaye -- None Available
Jgm Group Inc $437,500 First American Title Company
Faris Christopher William -- Fidelity National Title Co
Faris Christopher William -- Service Link
Christopher & Colleen Faris 2015 Trust -- None Available
Faris Christopher William -- None Available
Faris Christopher $312,000 Western Resources Title Co
Trani Thomas N -- None Available
Trani Thomas N $178,500 Fidelity National Title Ins
Anderson Eric $118,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faris Christopher William $278,000
Previous Owner Faris Christopher $280,800
Previous Owner Trani Thomas N $93,500
Previous Owner Anderson Eric $112,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $547,000 -2.3% $514 / Sq Ft
07/19/2022 07/19/22 For Sale $559,900 +30.4% $526 / Sq Ft
07/06/2020 07/06/20 Sold $429,320 -1.1% $403 / Sq Ft
05/29/2020 05/29/20 For Sale $434,000 +39.1% $408 / Sq Ft
12/12/2013 12/12/13 Sold $312,000 -1.9% $282 / Sq Ft
11/19/2013 11/19/13 For Sale $318,000 +1.9% $288 / Sq Ft
11/18/2013 11/18/13 Off Market $312,000 -- --
11/17/2013 11/17/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $318,000 -- $288 / 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 $6,506 $569,098 $483,401 $85,697
2024 $6,506 $557,940 $473,923 $84,017
2023 $6,386 $547,000 $464,630 $82,370
2022 $5,283 $448,172 $371,255 $76,917
2021 $5,230 $439,385 $363,976 $75,409
2020 $4,218 $349,716 $273,809 $75,907
2019 $4,139 $342,859 $268,440 $74,419
2018 $3,979 $336,137 $263,177 $72,960
2017 $3,924 $329,547 $258,017 $71,530
2016 $3,754 $323,086 $252,958 $70,128
2015 $3,701 $318,233 $249,158 $69,075
2014 -- $312,000 $244,278 $67,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22157381

California Regional Multiple Listing Service (CRMLS)

APN: 938-590-74