NOT LISTED FOR SALE

Estimated Value: $2,599,000 - $3,200,000

5 Beds
3 Baths
3,549 Sq Ft
$818/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $1,711,000 $482 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $17,638/month

120 Days on Market

Highlights

  • Gated with Attendant
  • Pebble Pool Finish
  • Open Floorplan
  • Ladera Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2017

Fabulous entry to Tropical Paradise located in the prestigious 24 hr gate guarded community of Madrid, in Tustin Ranch. Dramatic Mediterranean Architecture with arches and tall ceilings flow through this beautiful highly upgraded single level home with 4 bedrooms plus an office/den (5th Bedroom) located on a huge 13,148 square foot private lot. The gourmet kitchen features granite counter tops, glass tiled backsplash, center island, decorative pendant lighting, 6 burner stove top, double oven, built-in refrigerator, breakfast nook, walk-in pantry, butler pantry and wine refrigerator. The family room offers a custom entertainment center, blue stone faced gas fireplace with mantel. The spacious master suite offers a gas fireplace, roman window shades, walk in closet with custom built-ins. The stunning master bath offers Italian porcelain flooring, large walk in shower and oversized tub. This lovely home also features French doors, travertine tile, hardwood floors, skylights, built-in speakers, recessed lighting, crown molding, ceiling fans, ornate chandeliers and much, much more! The beautiful backyard features a private custom salt water pool & separate spa along with an outdoor covered loggia and a built-in barbecue with island great for entertaining. Discover a private oasis boasting resort styling and modern amenities!! Close to Tustin Ranch Golf Course, Citrus Ranch Park and The Market Place.

Last Agent to Sell the Property

JEFFREY STEARMAN

Keller Williams OC Coastal Realty License #00932282 Listed on: 02/16/2017

Last Buyer's Agent

Beverly Cota

First Team Real Estate License #00966351

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,015

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,549 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Casement Windows
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire Sprinkler System

Pool

  • Pebble Pool Finish
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127112

Community Details

Overview

  • Tustin Ranch Association, Phone Number (626) 967-7921
  • Madrid Association
  • Built by John Laing

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,015

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: Fire Sprinkler System, Gated Community, Gated with Guard, Security System
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127112
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3549.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Gas, Gas Starter, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 482.11
  • Room Type: All Bedrooms Down, Converted Bedroom, Dressing Area, Family Room, Formal Entry, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground, Private
  • Window Features: Casement Windows, Double Pane Windows, Drapes, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Block, Stucco Wall, Wrought Iron
  • Builder Name: John Laing
  • Patio And Porch Features: Covered, Patio, Stone
  • Pool Features: Private, Salt Water, Pebble
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Madrid
  • Amenities: Dues Paid Monthly
  • Association Fee: 68.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Ranch
  • Phone: 626-967-7921
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, 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: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 13148.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.06
  • Tax Lot: 48
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Patel Prakash C and Patel Sushila
Bought by
Patel Living Trust and Patel
Current Estimated Value
$2,903,958

Purchase Details

Listed on
Feb 16, 2017
Closed on
Jun 20, 2017
Sold by
Shirkhande Anil J and Shirkhande Bannu A
Bought by
Patel Viren P and Patel Shritin J
Seller's Agent
JEFFREY STEARMAN
Keller Williams OC Coastal Realty
Buyer's Agent
Beverly Cota
First Team Real Estate
List Price
$1,815,000
Sold Price
$1,711,000
Premium/Discount to List
-$104,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$75,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2014
Closed on
Jul 16, 2014
Sold by
Katz Deidre Cohen
Bought by
The Shrikhande Family 2002 Trust
Seller's Agent
Rosemary Kral
First Team Real Estate
Buyer's Agent
Ghattas Khoury
Premier Realty And Lending
List Price
$1,849,000
Sold Price
$1,769,000
Premium/Discount to List
-$80,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.12%
Original Mortgage
$880,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2012
Sold by
Katz Deidre Cohen
Bought by
Katz Deidre Cohen and The Deidre Cohen Katz 2008 Trust

Purchase Details

Closed on
Mar 8, 2012
Sold by
Katz Norman T and Cohen Deidre F
Bought by
Katz Deidre Cohen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Katz Deidre Cohen
Bought by
Katz Deidre Cohen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Katz Norman T and Katz Deidre Cohen
Bought by
Katz Norman T and Katz Deidre Cohen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Pastore Stephen and Yorba Monte
Bought by
Katz Norman T and Cohen Deidre F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1998
Sold by
Wl Homes Llc
Bought by
Pastore Stephen and Yorba Monte
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
Patel Living Trust -- None Listed On Document
Patel Viren P $1,711,000 First American Title Co
The Shrikhande Family 2002 Trust $1,769,000 Ticor Title Company
Katz Deidre Cohen -- None Available
Katz Deidre Cohen -- None Available
Katz Deidre Cohen -- Lsi Title
Katz Norman T -- Equity Title Orange County-I
Katz Norman T $1,530,000 --
Pastore Stephen $611,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Living Trust $250,000
Previous Owner Patel Viren P $1,357,500
Previous Owner Patel Viren P $147,500
Previous Owner Patel Viren P $1,295,000
Previous Owner Patel Viren P $1,260,000
Previous Owner Patel Viren P $75,000
Previous Owner Shrikhande Anil J $866,900
Previous Owner The Shrikhande Family 2002 Trust $880,000
Previous Owner Katz Deidre Cohen $1,100,000
Previous Owner Katz Norman T $729,750
Previous Owner Katz Norman T $395,000
Previous Owner Katz Norman T $200,000
Previous Owner Katz Norman T $1,000,000
Previous Owner Pastore Stephen $62,000
Previous Owner Pastore Stephen $126,500
Previous Owner Pastore Stephen $801,500
Previous Owner Yorba Monte $736,000
Previous Owner Yorba Monte $92,000
Previous Owner Pastore Stephen $650,000
Previous Owner Pastore Stephen $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $1,711,000 -3.6% $482 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/17/2017 05/17/17 Price Changed $1,775,000 -2.2% $500 / Sq Ft
02/16/2017 02/16/17 For Sale $1,815,000 +2.6% $511 / Sq Ft
08/29/2014 08/29/14 Sold $1,769,000 -4.3% $498 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $1,849,000 -- $521 / 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 $20,015 $1,946,824 $1,355,018 $591,806
2024 $20,015 $1,908,651 $1,328,449 $580,202
2023 $19,560 $1,871,227 $1,302,401 $568,826
2022 $20,695 $1,834,537 $1,276,864 $557,673
2021 $20,239 $1,798,566 $1,251,827 $546,739
2020 $19,985 $1,780,124 $1,238,991 $541,133
2019 $19,596 $1,745,220 $1,214,697 $530,523
2018 $19,190 $1,711,000 $1,190,879 $520,121
2017 $20,214 $1,831,896 $1,269,629 $562,267
2016 $19,833 $1,795,977 $1,244,734 $551,243
2015 $19,590 $1,769,000 $1,226,037 $542,963
2014 $14,784 $1,294,507 $811,151 $483,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17031393

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-12