NOT LISTED FOR SALE

Estimated Value: $2,436,220 - $2,614,000

4 Beds
2.5 Baths
2,900 Sq Ft
$874/Sq Ft Est. Value

Last Sold January 22, 2015

Last sale price $1,370,000 $472 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $15,404/month

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • Open Floorplan
  • Ladera Elementary School Rated A
  • All Bedrooms Downstairs
  • View of Hills

About This Home

As of July 2016

Turn-key condition, pride of ownership single level charmer located in the exclusive gated community of Madrid, in Tustin Ranch. Elegantly upgraded throughout with custom paint, window coverings, tile flooring, wood flooring and recessed lightings. Open and spacious floorplan with 4 Bedrooms (4th bedroom is currently being used as an office with built-in desk and shelves), 2.5 bathrooms with custom tiles and stone details. Master suite with retreat and walk-in closet looks out to beautifully manicured back yard. Gourmet family kitchen with limestone counter tops, 6 burner Viking cooktop and stainless steel appliances adjoins family room with cozy fireplace. This former model home situated at the end of the cul de sac offers total privacy with professionally hardscaped stone driveway with 3 car garage. Owners are looking for tenants who will take care of this home as if their own! Tenants must possess good credit, verifiable income and employment.

Last Agent to Rent the Property

Gina Yang

Regency Real Estate Brokers License #00993606 Listed on: 05/13/2016

Regency Real Estate Brokers

Last Renter's Agent

Jennifer Kause

First Team Real Estate License #01976318

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,869

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Modern Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Views of Hills
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $5,500
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 7/15/16
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 50127135

Community Details

Overview

  • Property has a Home Owners Association
  • Built by John Laing

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,869

Year Built

Built in 1999

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-07-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 5500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Madrid (MADR)
  • View: Yes
  • Architectural Style: Mediterranean, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 50127135
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Recessed Lighting, Stone Counters
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 1.62
  • Room Type: All Bedrooms Down, Den, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Hills
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Builder Name: John Laing
  • Patio And Porch Features: Patio Open, Patio
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Block, Concrete, Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Level, Lawn, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 11446.00
  • Price Per Lot Square Foot: 0.41

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2014
Closed on
Nov 25, 2014
Sold by
Fogelson Marc Harold and Fogelson Stephanie Kelter
Bought by
The Hyung Hoon Lee & Hyechin Lee Revocab
Seller's Agent
Kris Wells
Kris M. Wells, Broker
Buyer's Agent
Gina Yang
Regency Real Estate Brokers
List Price
$1,389,000
Sold Price
$1,370,000
Premium/Discount to List
-$19,000
-1.37%
Current Estimated Value
$2,534,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,555
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
May 14, 2009
Sold by
Toovey Robert Patrick
Bought by
Fogelson Marc Harold and Fogelson Stephanie Kelter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2008
Sold by
Mcknight Sheldon J and Mcknight Judith B
Bought by
Toovey Robert Patrick and Robert Patrick Toovey Separate Property

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Mcknight Sheldon J and Mcknight Judith B
Bought by
Mcknight Sheldon J and Mcknight Judith B

Purchase Details

Closed on
Jul 15, 1999
Sold by
Wl Homes Llc
Bought by
Mcknight Sheldon J and Mcknight Judith B
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
The Hyung Hoon Lee & Hyechin Lee Revocab $1,370,000 Ticor Title
Fogelson Marc Harold $1,200,000 Stewart Title
Toovey Robert Patrick $1,190,000 Chicago Title Company
Mcknight Sheldon J -- Accommodation
Mcknight Sheldon J $560,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hyung Hoon $350,000
Previous Owner Fogelson Marc Harold $729,000
Previous Owner Fogelson Marc Harold $171,000
Previous Owner Fogelson Marc Harold $900,000
Previous Owner Toovey Robert Patrick $275,000
Previous Owner Mcknight Sheldon J $250,000
Previous Owner Mcknight Sheldon J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Rented $4,700 -4.1% --
05/13/2016 05/13/16 For Rent $4,900 0.0% --
01/22/2015 01/22/15 Sold $1,370,000 -1.4% $472 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
11/16/2014 11/16/14 For Sale $1,389,000 -- $479 / 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 $16,869 $1,614,245 $1,100,262 $513,983
2023 $16,484 $1,582,594 $1,078,689 $503,905
2022 $17,672 $1,551,563 $1,057,538 $494,025
2021 $17,281 $1,521,141 $1,036,802 $484,339
2020 $17,055 $1,505,544 $1,026,171 $479,373
2019 $16,723 $1,476,024 $1,006,050 $469,974
2018 $16,371 $1,447,083 $986,324 $460,759
2017 $15,925 $1,418,709 $966,984 $451,725
2016 $15,629 $1,390,892 $948,024 $442,868
2015 $13,373 $1,172,230 $724,050 $448,180
2014 $13,207 $1,149,268 $709,867 $439,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16103451

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-35