NOT LISTED FOR SALE

Estimated Value: $2,900,123 - $3,239,000

4 Beds
4 Baths
3,901 Sq Ft
$775/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $1,735,000 $445 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $18,271/month

11 Days on Market

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Ladera Elementary School Rated A
  • Updated Kitchen
  • Property is near a park

About This Home

As of November 2018

Comfortable elegance is the theme of this Santa Barbara inspired 4 bed, 4 bath Madrid home built by John Laing. This 3900+ square foot home sits on a quiet interior 9400+ square foot cul de sac lot. Upgrades include a gorgeous custom staircase with hand crafted tiles and wrought iron railing, rich hardwood and tile flooring, custom arches, wood beam ceiling and solid wood doors all adding to the homes timelessly classic Santa Barbara style. The gourmet kitchen features a spacious center island with cabinets and a cookbook shelf, granite counters, designer backsplash with pot filler, high end stainless Thermador appliances including a 6 burner cooktop and hood with warming lamps, a wine cooler and wine rack in the butler's pantry. Side by side triple set of French doors and multiple balconies allow for a fluid transition in indoor and outdoor entertaining. There's a large upstairs bonus room, a loft, upstairs laundry room, a downstairs office (could be 5th bedroom) and a 3 car garage. Great curb appeal and walking or biking distance to top TUSD Schools: Ladera, Pioneer, Beckman. Low tax rate and Low HOA dues: $68 + $84.50

Last Agent to Sell the Property

Linda Beck

Keller Williams Realty Irvine License #01212185 Listed on: 10/18/2018

Keller Williams Realty Irvine

Last Buyer's Agent

Supriya Shetye

Supriya Shetye, Broker License #01999609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,806

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 9,404 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Porte-Cochere
  • Parking Available
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Interior Block Wall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,901 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Double Convection Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

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

Utilities

  • Two cooling system units
  • Central Air
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127127

Community Details

Overview

  • Madrid Association, Phone Number (714) 692-1670
  • Trca Iii Association, Phone Number (626) 966-3918
  • Built by John Laing

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,806

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$152 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127127
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3901.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Block Walls, Built-in Features, Coffered Ceiling(s), Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 444.76
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Builder Name: John Laing
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Door Opener, Porte-Cochere
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: TRCA III
  • Amenities: Dues Paid Monthly, Guard
  • Association Fee: 68.00
  • Association #2 Fee: 84.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid
  • Phone: 714-692-1670
  • Association Phone #2: 626-966-3918
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

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, Lawn, Level with Street, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 9404.00
  • Lot Size Acres: 0.2159

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9404.0000 Square Feet
  • Number Of Units In Community: 74
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.06
  • Tax Lot: 33
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 1, 2018
Sold by
Letourneau Eric and Fitzgerald Laurie Ann A
Bought by
Pimple Sanjiv Sitaram and Pimple Archana Sanjiv
Seller's Agent
Linda Beck
Keller Williams Realty Irvine
Buyer's Agent
Supriya Shetye
Supriya Shetye, Broker
List Price
$1,798,000
Sold Price
$1,735,000
Premium/Discount to List
-$63,000
-3.5%
Current Estimated Value
$3,022,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,287,281
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,388,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1998
Sold by
Wl Homes Llc
Bought by
Letourneau Eric and Fitzgerald Laurie Anne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,520
Interest Rate
6.86%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pimple Sanjiv Sitaram $1,735,000 Fidelity National Title Oran
Letourneau Eric $638,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pimple Sanjiv Sitaram $1,258,500
Closed Pimple Sanjiv Sitaram $1,357,000
Closed Pimple Sanjiv Sitaram $1,388,000
Closed Pimple Sanjiv Sitaram $1,388,000
Closed Pimple Sanjiv Sitaram $1,388,000
Previous Owner Letourneau Eric $1,000,000
Previous Owner Letourneau Eric $730,000
Previous Owner Letourneau Eric $230,000
Previous Owner Letourneau Eric $123,000
Previous Owner Letourneau Eric $76,250
Previous Owner Letourneau Eric $510,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $1,735,000 -3.5% $445 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $1,798,000 -- $461 / 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 $19,806 $1,935,423 $1,267,968 $667,455
2024 $19,806 $1,897,474 $1,243,106 $654,368
2023 $19,354 $1,860,269 $1,218,731 $641,538
2022 $20,491 $1,823,794 $1,194,835 $628,959
2021 $20,038 $1,788,034 $1,171,407 $616,627
2020 $19,785 $1,769,700 $1,159,395 $610,305
2019 $19,399 $1,735,000 $1,136,661 $598,339
2018 $10,407 $879,255 $363,118 $516,137
2017 $10,090 $862,015 $355,998 $506,017
2016 $9,908 $845,113 $349,017 $496,096
2015 $9,806 $832,419 $343,774 $488,645
2014 $9,712 $816,114 $337,040 $479,074
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18253796

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-27