$1,370,000
SOLD JAN 22, 2015
4 Beds
2.5 Baths
2,900 Sq Ft
0.27 Acres

Recently Sold

$472 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Gated with Attendant
  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Ladera Elementary School Rated A
  • Open Floorplan
  • Retreat

About This Home

As of January 2015

This elegant, “Madrid” single level former model home leaves nothing to be desired. The approximate 2,900 sq. ft. home has four bedrooms, two and a half baths and gorgeous top of the line designer touches. Situated on a quarter acre this is a secluded location at the end of a cul de sac behind the guard gates of the exclusive Township community. The spacious and serene master retreat features a dual fireplace, separate sitting area, completely remodeled bathroom and vast walk-in closet. The fourth bedroom, currently being used as an office, has a separate entrance with french doors and a built-in murphy bed. The gourmet kitchen features limestone counter tops, stainless steel appliances, 6-burner Viking cooktop, rich wood cabinetry and opens to a spacious living room and formal dining elevation. Relax outdoors under a shaded pergola in this quiet, beautifully landscaped backyard with multiple patios, and a separate side-yard with citrus trees. The three-car garage has plenty of storage space and built-in cabinets. Don’t miss out on this dream home…it won’t last long!

Last Agent to Sell the Property

Kris Wells

Kris M. Wells, Broker License #00925214 Listed on: 11/16/2014

Co-Listed By

Stacy McKellar

Surterre Properties Inc License #01452334

Last Buyer's Agent

Gina Yang

Regency Real Estate Brokers License #00993606

Regency Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,869

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Plantation Shutters
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Stone Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127135

Community Details

Overview

  • Madrid At Tustin HOA
  • Tustin Ranch Community Association, Phone Number (626) 967-7921
  • Built by John Laing
  • Casa Del Segov

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,869

Year Built

Built in 1999

Lot Details

0

HOA Fees

$148 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: built in refrigerator and BBQ
  • Property Attached: No
  • Security: Gated Community, Gated with Guard, Smoke Detector(s), Security System
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127135
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00
  • Interior Amenities: Crown Molding, High Ceilings, Open Floorplan, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom, Master Retreat
  • Levels: One
  • Price Per Square Foot: 472.41
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Retreat, Separate Family Room
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Builder Name: John Laing
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Concrete, Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Water Purifier
  • Heating Type: Central, Zoned
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Tustin Ranch Community
  • Association Fee: 68.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid at Tustin HOA
  • Association Phone #2: 626-967-7921
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 11556.00
  • Lot Size Acres: 0.2650

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11556.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 15420

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
$2,605,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,788
Avg. Annual Appreciation
5.95%

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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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 Type Sale Price Title Company
Grant Deed $1,370,000 Ticor Title
Grant Deed $1,200,000 Stewart Title
Grant Deed $1,190,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $560,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $729,000 New Conventional
Previous Owner $171,000 Credit Line Revolving
Previous Owner $900,000 Purchase Money Mortgage
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
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
2025 $16,869 $1,646,529 $1,122,267 $524,262
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: NP14243282

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-35