NOT LISTED FOR SALE

Estimated Value: $2,282,000 - $3,109,000

4 Beds
4 Baths
3,695 Sq Ft
$749/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,870,000 $506 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $16,550/month

72 Days on Market

About This Home

As of September 2021

THIS GORGEOUS HOME IS LOCATED ON A LOVELY, CUL-DE-SAC STREET IN THE DESIRABLE, 24 HR GUARD-GATED COMMUNITY OF 'MADRID' IN TUSTIN RANCH, ACROSS FROM THE TUSTIN RANCH GOLF COURSE. THIS HOME OFFERS 4 BEDROOMS, +OFFICE, +BONUS RM, 4 BATHS & APPROXIMATELY 3,700 SQUARE FEET OF LUXURY LIVING. THE UPSTAIRS KIDS WING FEATURES A TEEN ROOM/BONUS ROOM/MOVIE ROOM AND THE MAIN FLOOR FEATURES A SPACIOUS OFFICE WHICH COULD BE CONVERTED TO A MAIN FLOOR 5th BEDROOM. THE KITCHEN OFFERS A HUGE GRANITE ISLAND, WHITE CABINETRY, STAINLESS STEEL APPLIANCES, BUILT IN REFRIGERATOR, LOTS OF STORAGE, A LOVELY BREAKFAST NICHE & WALK-IN PANTRY. THE CHARMING DINING ROOM & LIVING ROOM ARE ADJACENT TO ONE ANOTHER & ARE WONDERFUL ENTERTAINING SPACES. THE KIDS ROOMS UTILIZE A JACK N JILL BATH BETWEEN THEM PLUS A SEPARATE HALL BATH. THE LUXURIOUS MASTER BEDROOM SUITE IS ACCENTED WITH A COZY FIREPLACE & HUGE WALK-IN CLOSET. THE MASTER BATH HAS UPGRADED PORCELAIN TILE W/TRAVERTINE ACCENTS & FEATURES A SEPARATE SOAKING TUB & WALK-IN SHOWER. THE SPARKLING PRIVATE POOL & SPA ARE PERFECT FOR FAMILY FUN!! ENJOY COOKING FOR YOUR GUESTS IN THE OUTDOOR COVERED KITCHEN WITH TRAVERTINE COUNTERS & A BUILT IN BBQ. YOU'LL FIND PLENTY OF PARKING & STORAGE IN THE SPACIOUS 4 CAR GARAGE, W/ELECTRIC CAR CHARGER (THE SINGLE DOOR GARAGE IS A TANDEM). AWARD WINNING SCHOOLS! WALKING DISTANCE TO LADERA ELEMENTARY & PIONEER MIDDLE SCHOOLS. THIS GUARD GATED ENCLAVE OF HOMES IS DIRECTLY ACROSS FROM THE TUSTIN RANCH GOLF COURSE. THE TUSTIN RANCH GOLF COURSE HAS HOLIDAY BRUNCHES, SUMMER CONCERTS/BBQ & TACO TUESDAY!! JUST MINUTES TO TUSTIN MARKETPLACE FOR SHOPPING, DINING & THEATERS.

Last Agent to Sell the Property

Rosemary Kral

First Team Real Estate License #01208091 Listed on: 06/16/2021

First Team Real Estate

Co-Listed By

Jennifer Palmquist

Coldwell Banker Realty License #01243459

Last Buyer's Agent

Lila Saremi

Platinum Realty and Investment License #00811600

Platinum Realty and Investment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 2, 2021
Sold by
Zhou Xiaoyi
Bought by
Saremi Arash and Sabet Leyla
Seller's Agent
Rosemary Kral
First Team Real Estate
Buyer's Agent
Lila Saremi
Platinum Realty and Investment
List Price
$1,875,000
Sold Price
$1,870,000
Premium/Discount to List
-$5,000
-0.27%
Total Days on Market
72
Current Estimated Value
$2,767,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,867
Avg. Annual Appreciation
11.64%
Original Mortgage
$1,496,000
Outstanding Balance
$1,374,163
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,445,657

Purchase Details

Closed on
Feb 11, 2016
Sold by
Xia Liguo
Bought by
Zhou Xiaoyi

Purchase Details

Closed on
Aug 5, 2010
Sold by
Reissman Jeffrey Alan and Reissman Deborah Ann
Bought by
Xia Liguo and Zhou Xiaoyi

Purchase Details

Closed on
Dec 2, 2009
Sold by
Reissman Jeffrey Alan and Reissman Deborah Ann
Bought by
Reissman Jeffrey Alan and Reissman Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2008
Sold by
Reissman Jeffrey and Reissman Deborah
Bought by
Reissman Jeffrey Alan and Reissman Deborah Ann

Purchase Details

Closed on
May 16, 2002
Sold by
Ellingson Scot R and Ellingson Suzanne M
Bought by
Reissman Jeffrey and Reissman Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,000
Interest Rate
6.74%

Purchase Details

Closed on
Apr 22, 2002
Sold by
Ellingson Scot R and Ellingson Suzanne M
Bought by
Ellingson Scot R and Ellingson Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,000
Interest Rate
6.74%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Wl Homes Llc
Bought by
Ellingson Scot R and Ellingson Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
6.82%
Source: Public Records

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Range of Values:

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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
Saremi Arash $1,870,000 Ticor Ttl Orange Cnty Branch
Zhou Xiaoyi -- None Available
Xia Liguo $1,380,000 Calcounties Title Nation
Reissman Jeffrey Alan -- Accommodation
Reissman Jeffrey Alan -- Equity Title Orange County-I
Reissman Jeffrey Alan -- None Available
Reissman Jeffrey $860,000 First American Title Co
Ellingson Scot R -- --
Ellingson Scot R $625,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saremi Arash $1,496,000
Previous Owner Reissman Jeffrey Alan $550,000
Previous Owner Reissman Jeffrey A $500,000
Previous Owner Reissman Jeffrey $100,000
Previous Owner Reissman Jeffrey $639,000
Previous Owner Reissman Jeffrey $642,000
Previous Owner Reissman Jeffrey $642,000
Previous Owner Reissman Jeffrey $642,000
Previous Owner Ellingson Scot R $499,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $1,870,000 -1.5% $506 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $1,898,880 +1.3% $514 / Sq Ft
08/23/2021 08/23/21 For Sale $1,875,000 +0.3% $507 / Sq Ft
08/09/2021 08/09/21 Off Market $1,870,000 -- --
07/16/2021 07/16/21 Price Changed $1,875,000 -1.3% $507 / Sq Ft
07/02/2021 07/02/21 Price Changed $1,899,900 -1.3% $514 / Sq Ft
06/16/2021 06/16/21 For Sale $1,925,000 0.0% $521 / Sq Ft
08/05/2020 08/05/20 For Rent $6,000 0.0% --
07/31/2020 07/31/20 Rented $6,000 -- --
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 $20,375 $1,945,548 $1,264,967 $680,581
2023 $19,912 $1,907,400 $1,240,163 $667,237
2022 $21,040 $1,870,000 $1,215,846 $654,154
2021 $18,482 $1,633,380 $985,267 $648,113
2020 $18,173 $1,616,632 $975,164 $641,468
2019 $17,819 $1,584,934 $956,043 $628,891
2018 $17,446 $1,553,857 $937,297 $616,560
2017 $16,977 $1,523,390 $918,919 $604,471
2016 $16,674 $1,493,520 $900,901 $592,619
2015 $16,533 $1,471,086 $887,368 $583,718
2014 $15,660 $1,380,000 $832,423 $547,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21121291

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-09