NOT LISTED FOR SALE

Estimated Value: $3,888,000 - $4,898,000

5 Beds
5.5 Baths
5,187 Sq Ft
$853/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $1,930,000 $372 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $26,400/month

Highlights

  • Two Primary Bedrooms
  • Dual Staircase
  • Loft
  • Portola High School Rated A+
  • Main Floor Primary Bedroom
  • Neighborhood Views

About This Home

As of February 2020

This beautiful new home is located in the prestigious and private staff-gated community of Altair. The home has 5 bedrooms, 5½ baths, a loft and is located on a large lot. It has an open floor plan with elegant double staircase, courtyard, gourmet Kitchen equipped with "Wolf" Stainless Steel Appliances and an enormous center island with a huge walk-in pantry. The luxury Master Suite has its own private bath and a walk in closet. The secondary bedrooms each have feature walk-in closets and private full baths. The main floor guest suite offers a bedroom with a walk-in closet, plus its own private bathroom. There is also a library /den downstairs. The lot has 7,334 square feet with a spacious backyard and courtyard. The resort style amenities include a Huge Clubhouse, 3 Pools, spa, covered cabanas, outdoor fireplace, BBQ grill and eating areas, tot lots, tennis and bocce ball courts. The community center has a magnificent multipurpose room with catering kitchen for parties and events. The home is conveniently located near Irvine Spectrum, Fashion Island, John Wayne Airport and freeways 5, 133, 241 and 405. This beautiful brand New Home is ready for immediate Move-in!

Last Agent to Rent the Property

Mary Wen

Pinnacle Real Estate Group License #01785883 Listed on: 12/12/2019

Pinnacle Real Estate Group

Last Renter's Agent

Mary Wen

Pinnacle Real Estate Group License #01785883 Listed on: 12/12/2019

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 7,224 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,187 Sq Ft Home
  • Dual Staircase
  • Family Room
  • Living Room
  • Loft
  • Bonus Room
  • Neighborhood Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 12/12/19
  • Tax Lot 88
  • Tax Tract Number 1
  • Assessor Parcel Number 59147103

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2019-12-12
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 500
  • Deposit Pets: 500
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 59147103
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 5187.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.35
  • Room Type: Bonus Room, Family Room, Jack & Jill, Living Room, Loft, Main Floor Master Bedroom, Two Masters, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7224.00
  • Lot Size Acres: 0.1658

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7224.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 524.04
  • Tax Lot: 88
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Mei Yuewang and Qu Ping
Bought by
Mei And Qu Living Trust and Mei
Current Estimated Value
$4,424,961

Purchase Details

Listed on
Aug 11, 2019
Closed on
Nov 27, 2019
Sold by
Wang Zhoukun
Bought by
Mei Yuewang and Qu Ping
Seller's Agent
Shengli Ge
Pinnacle Real Estate Group
Buyer's Agent
Mary Wen
Pinnacle Real Estate Group
List Price
$2,219,999
Sold Price
$1,930,000
Premium/Discount to List
-$289,999
-13.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Toll Ca Xiii Lp
Bought by
Wang Zhoukun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mei And Qu Living Trust -- None Listed On Document
Mei Yuewang $1,930,000 Chicago Title Company
Wang Zhoukun $2,057,500 Westminster Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Zhoukun $1,441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2020 02/08/20 Rented $7,000 +0.3% --
02/07/2020 02/07/20 Under Contract -- -- --
12/26/2019 12/26/19 Price Changed $6,980 -6.9% $1 / Sq Ft
12/12/2019 12/12/19 For Rent $7,500 0.0% --
12/06/2019 12/06/19 Sold $1,930,000 -8.1% $386 / Sq Ft View Prior Sale
11/26/2019 11/26/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $2,100,000 -5.4% $420 / Sq Ft
09/05/2019 09/05/19 For Sale $2,219,999 +15.0% $444 / Sq Ft
08/21/2019 08/21/19 Off Market $1,930,000 -- --
08/11/2019 08/11/19 For Sale $2,219,999 0.0% $444 / Sq Ft
02/08/2019 02/08/19 Rented $7,200 0.0% --
01/24/2019 01/24/19 Under Contract -- -- --
12/10/2018 12/10/18 For Rent $7,200 -- --
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 $41,061 $2,110,733 $561,805 $1,548,928
2024 $41,061 $2,069,347 $550,790 $1,518,557
2023 $40,185 $2,028,772 $539,990 $1,488,782
2022 $39,397 $1,988,993 $529,402 $1,459,591
2021 $38,624 $1,949,994 $519,022 $1,430,972
2020 $36,298 $1,930,000 $513,700 $1,416,300
2019 $37,471 $2,057,495 $815,318 $1,242,177
2018 $25,721 $911,755 $911,755 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19280383

California Regional Multiple Listing Service (CRMLS)

APN: 591-471-03