NOT LISTED FOR SALE

Estimated Value: $2,880,503 - $3,410,000

5 Beds
5 Baths
4,248 Sq Ft
$733/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $1,510,000 $355 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $18,677/month

202 Days on Market

Highlights

  • Wine Cellar
  • Gated with Attendant
  • Fireplace in Primary Bedroom
  • Ladera Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of February 2015

This highly upgraded home is nestled in the 24-hour guard gated community of Madrid. 5 large bedrooms with its own baths, a bonus room, plus a private library on the second floor; a study downstairs with custom built-in bookshelves and desk. Master bedroom has a cozy fireplace with custom wrought iron door. Master bath has his and hers separate sinks, sunken bath tub, upgraded bidet and large walk-in closets with custom wood drawers and cabinets. Large gourmet kitchen features a center island, built-in refrigerator, upgraded Viking cooktop and a KitchenAid wine cellar that can store up to 48 wine bottles. Beautiful solid Beech wood flooring and custom tiles on both floors. Custom-made curtains and wooden plantation shutters throughout the house. 10 Casablanca ceiling fans in different rooms to keep the house cool and breezy. High quality Lennox Air Cleaner System provides fresh air circulation inside the house. Over $80,000 in bathroom upgrades for glass shower doors, granite sink tops and pressure-assisted toilets throughout the house. Automatic gate on driveway that leads to a huge private courtyard with fountain. Park-like backyard boasts a large patio, gas fireplace, a fountain with waterfall, and a built-in BBQ, perfect for entertainment.

Last Agent to Sell the Property

Gleeda Wang

Realty One Group West License #00846821 Listed on: 06/05/2014

Last Buyer's Agent

Gleeda Wang

Realty One Group West License #00846821 Listed on: 06/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,607

Year Built

  • Built in 1998

Lot Details

  • 7,327 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Back Yard

HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Home Design

  • Modern Architecture
  • Tile Roof

Interior Spaces

  • 4,248 Sq Ft Home
  • 2-Story Property
  • Awning
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127117

Community Details

Overview

  • Encore Prop. Mgmt Association
  • Lorden Management Association

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,607

Year Built

Built in 1998

Lot Details

0

HOA Fees

$148 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: 10 Casa Blanca ceiling fans; Lennox Air Cleaner System; Master bath bidet.
  • Other Phone Description: 714-496-4379
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated with Guard, Wired for Alarm System
  • Subdivision Name Other: Madrid (MADR)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127117
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4248.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 355.46
  • Room Type: Bonus Room, Family Room, Formal Entry, Library, Living Room, Master Suite, Walk-In Closet, Office, Wine Cellar

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Lorden Management
  • Amenities: Guard, Security
  • Association Fee: 68.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Encore Prop. mgmt
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 7327.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7327.0000 Square Feet
  • Number Of Units In Community: 75
  • Number Of Units Total: 75

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Liang Yanbin and Tian Mingting
Bought by
Liang Yanbin and Tian Mingting
Current Estimated Value
$3,115,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$219,839
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,723,861

Purchase Details

Closed on
Feb 27, 2020
Sold by
Liang Yanbin and Tian Mingting
Bought by
Liang Yanbin and Tian Mingting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Dec 29, 2014
Sold by
Macquarrie L Wade and Macquarrie Eunkyung K
Bought by
Yanbin Liang & Mingting Tian Trust
Seller's Agent
Gleeda Wang
Realty One Group West
Buyer's Agent
Gleeda Wang
Realty One Group West
List Price
$1,625,000
Sold Price
$1,510,000
Premium/Discount to List
-$115,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$900,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2003
Sold by
Macquarrie L Wade and Macquarrie Eunkyung K
Bought by
Macquarrie L Wade and Macquarrie Eunkyung K

Purchase Details

Closed on
Dec 20, 2001
Sold by
Macquarrie Wade
Bought by
Macquarrie Wade and Macquarrie Eunkyung K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
6.73%

Purchase Details

Closed on
Dec 17, 1998
Sold by
Macquarrie Eunkyung Kim
Bought by
Macquarrie Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,750
Interest Rate
6.62%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Wl Homes Llc
Bought by
Macquarrie Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,750
Interest Rate
6.62%
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 Buyer Sale Price Title Company
Liang Yanbin -- North American Title
Liang Yanbin -- Wfg National Title Ins Co
Liang Yanbin -- Wfg National Title
Liang Yanbin -- None Available
Yanbin Liang & Mingting Tian Trust $1,510,000 First American Title Company
Macquarrie L Wade -- --
Macquarrie L Wade -- --
Macquarrie Wade -- Equity Title
Macquarrie Wade -- Chicago Title
Macquarrie Wade $657,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Yanbin $294,000
Closed Liang Yanbin $300,000
Previous Owner Yanbin Liang & Mingting Tian Trust $900,000
Previous Owner Macquarrie L Wade $750,000
Previous Owner Macquarrie L Wade $100,000
Previous Owner Macquarrie L Wade $100,000
Previous Owner Macquarrie Wade $637,000
Previous Owner Macquarrie Wade $65,000
Previous Owner Macquarrie Wade $525,750
Closed Macquarrie Wade $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2015 02/17/15 Sold $1,510,000 -2.5% $355 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
12/22/2014 12/22/14 Price Changed $1,549,000 -3.1% $365 / Sq Ft
08/18/2014 08/18/14 Price Changed $1,599,000 -4.5% $376 / Sq Ft
07/14/2014 07/14/14 Price Changed $1,675,000 -4.2% $394 / Sq Ft
06/12/2014 06/12/14 Price Changed $1,749,000 +7.6% $412 / Sq Ft
06/05/2014 06/05/14 For Sale $1,625,000 -- $383 / 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 $18,607 $1,814,790 $1,047,354 $767,436
2024 $18,607 $1,779,206 $1,026,817 $752,389
2023 $18,184 $1,744,320 $1,006,683 $737,637
2022 $19,343 $1,710,118 $986,944 $723,174
2021 $18,846 $1,676,587 $967,592 $708,995
2020 $18,675 $1,659,396 $957,670 $701,726
2019 $18,313 $1,626,859 $938,892 $687,967
2018 $17,931 $1,594,960 $920,482 $674,478
2017 $17,453 $1,563,687 $902,434 $661,253
2016 $17,128 $1,533,027 $884,739 $648,288
2015 $10,198 $871,282 $329,571 $541,711
2014 $10,096 $854,215 $323,115 $531,100
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14118632

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-17