NOT LISTED FOR SALE

Estimated Value: $2,482,000 - $2,791,000

4 Beds
2.5 Baths
2,900 Sq Ft
$899/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $1,586,000 $547 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $16,234/month

49 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • Updated Kitchen
  • Ladera Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2018

Located in a guard-gated community of Madrid, directly across from Tustin Ranch Golf Club, this beautiful Mediterranean house sits on an over-sized lot at the end of a cul-de-sac. The house is close proximity to an award-winning Blue Ribbon school. Upon entering the house, you immediately notice the 12’ high ceilings and open floor plan that is split with the dining room, living room and an additional area which can be used for an office, library, piano or play room. The spacious gourmet kitchen overlooks the living room and features a large center island that lowers into a convenient built-in kitchen table, top of the line stainless steel appliances and modern quartz counter tops. All the floors have been upgraded to a dark brown wood in the living room and dining room and grey tile throughout the kitchen, bathrooms and hallways. Remodeled guest bathroom and master bathroom. The master bathroom features a luxurious Roman tub, stone shower and new counters. Both the front yard and backyard is surrounded by lush landscaping providing a serene and peaceful outdoor space. A salt water swimming pool, spa, built-in barbecue with a bar and an outdoor refrigerator complete the backyard. A single level home is rare in this community!

Last Agent to Sell the Property

Vita Prattes

Keller Williams Realty License #02037037 Listed on: 09/17/2018

Keller Williams Realty

Last Buyer's Agent

Sandy DeAngelis

Seven Gables Real Estate License #00960016

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,140

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Electric Fireplace
  • Shutters
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Ladera Elementary School
  • Pioneer Middle School
  • Beckman High School

Utilities

  • Central Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127113

Community Details

Overview

  • Madrid Association, Phone Number (949) 476-9090
  • Tustin Ranch Community Association

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,140

Year Built

Built in 1998

Lot Details

0

HOA Fees

$148 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, chandeliers, window coverings
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127113
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Electric
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 546.90
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • Patio And Porch Features: Concrete, Patio, Front Porch
  • Pool Features: Private, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Tustin Ranch Community
  • Amenities: Guard
  • Association Fee: 68.00
  • Association #2 Fee: 80.00
  • Association Fee Frequency: Monthly
  • Association Name: Madrid
  • Phone: 949-476-9090
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Tustin Unified
  • Elementary School: Ladera
  • Middle School: Pioneer
  • High School: Beckman
  • Elementary School: Ladera
  • High School: Beckman
  • Middle Or Junior School: Pioneer
  • Elementary School #2: LADERA
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 11043.00
  • Lot Size Acres: 0.2535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11043.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.06
  • Tax Lot: 47
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Tran Benjamin M and Tran Rebecca G
Bought by
Tran Benjamin M and Tran Rebecca G
Total Days on Market
49
Current Estimated Value
$2,606,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 9, 2018
Sold by
Vitakis Kostas
Bought by
Tran Benjamin M and Gillmore Rebecca N
Seller's Agent
Vita Prattes
Keller Williams Realty
Buyer's Agent
Sandy DeAngelis
Seven Gables Real Estate
List Price
$1,675,000
Sold Price
$1,586,000
Premium/Discount to List
-$89,000
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$1,110,200
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2012
Sold by
Vitakis Kostas and Vitakis Alexandra
Bought by
Vitakis Kostas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Washington Mutual Bank
Bought by
Vitakis Kostas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,750
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Arellano Yolanda L
Bought by
Washington Mutual Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,750
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Sandoval Jesse
Bought by
Arellano Yolanda

Purchase Details

Closed on
Jul 13, 2007
Sold by
Arellano Victor
Bought by
Sandoval Jesse

Purchase Details

Closed on
Jul 3, 2007
Sold by
Arellano Yolanda L
Bought by
Arellano Victor

Purchase Details

Closed on
Sep 25, 2006
Sold by
Morris Timothy M and Kawashima Diane M
Bought by
Arellano Yolanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,250
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 21, 2000
Sold by
Toovey Robert P
Bought by
Morris Timothy M and Kawashima Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.41%

Purchase Details

Closed on
May 1, 2000
Sold by
Sari Robert B and Sari Zanne R
Bought by
Toovey Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.37%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Wl Homes Llc
Bought by
Sari Robert B and Sari Zanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.82%
Source: Public Records

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Range of Values:

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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
Tran Benjamin M -- Elevated Title Company
Tran Benjamin M $1,586,000 First American Title Co
Vitakis Kostas -- Service Link
Vitakis Kostas $1,177,000 Multiple
Washington Mutual Bank $1,063,455 None Available
Arellano Yolanda -- None Available
Sandoval Jesse -- Accommodation
Arellano Victor -- Accommodation
Arellano Yolanda L $1,395,000 Lawyers Title
Morris Timothy M $769,000 --
Toovey Robert P $685,000 Fidelity National Title Ins
Sari Robert B $553,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Benjamin M $905,000
Closed Tran Benjamin M $910,000
Closed Tran Benjamin M $1,110,200
Previous Owner Vitakis Kostas $331,200
Previous Owner Vitakis Kostas $736,100
Previous Owner Vitakis Kostas $832,000
Previous Owner Vitakis Kostas $882,750
Previous Owner Arellano Yolanda L $325,250
Previous Owner Arellano Yolanda L $1,000,000
Previous Owner Morris Timothy M $504,000
Previous Owner Morris Timothy M $400,000
Previous Owner Toovey Robert P $250,000
Previous Owner Sari Robert B $100,000
Previous Owner Sari Robert B $240,000
Closed Morris Timothy M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $1,586,000 -0.8% $547 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $1,599,000 -4.5% $551 / Sq Ft
09/25/2018 09/25/18 For Sale $1,675,000 +5.6% $578 / Sq Ft
09/19/2018 09/19/18 Off Market $1,586,000 -- --
09/17/2018 09/17/18 For Sale $1,675,000 -- $578 / 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 $18,140 $1,734,521 $1,245,418 $489,103
2023 $17,726 $1,700,511 $1,220,998 $479,513
2022 $18,892 $1,667,168 $1,197,057 $470,111
2021 $18,474 $1,634,479 $1,173,585 $460,894
2020 $18,236 $1,617,720 $1,161,551 $456,169
2019 $17,952 $1,586,000 $1,138,775 $447,225
2018 $14,297 $1,243,000 $757,127 $485,873
2017 $14,150 $1,243,000 $757,127 $485,873
2016 $14,142 $1,243,000 $757,127 $485,873
2015 $13,410 $1,170,000 $684,127 $485,873
2014 $13,482 $1,170,000 $684,127 $485,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18229136

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-13