NOT LISTED FOR SALE

Estimated Value: $2,946,591 - $3,215,000

4 Beds
4 Baths
2,929 Sq Ft
$1,065/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $1,559,814 $533 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $18,452/month

Highlights

  • New Construction
  • Heated In Ground Pool
  • Gated Community
  • Canyon View Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Loma Ridge

About This Home

As of March 2020

Welcome to Ravello, an exceptional new neighborhood located at the highest point of the Reserve in Orchard Hills. Surrounded by pristine natural scenery, these grand homes feature expansive floorplans with dramatic volume ceilings that soar upwards of 21 feet and beautiful panoramic doors and so much more. This home is a must see.

Last Agent to Sell the Property

Patrick Bailey

Irvine Management Company License #01809528 Listed on: 07/15/2019

Irvine Management Company

Last Buyer's Agent

Miles Zhao

Keller Williams Realty Irvine License #01942635

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4,485 Sq Ft Lot
  • Property fronts a private road
  • Southeast Facing Home
  • Block Wall Fence
  • New Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $299 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,929 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Panel Doors
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

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

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Whole House Fan
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Tankless Water Heater
  • Hot Water Circulator
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • Property is near a park

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 18019

Community Details

Overview

  • Keystone Association, Phone Number (949) 838-3236
  • Keystone Pacific Property Management HOA
  • Built by Irvine Pacific

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Ravello
  • View: No
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2929.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Coffered Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Data
  • Common Walls: No Common Walls
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Panel Doors, Sliding Doors
  • Eating Area: Dining Ell
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 532.54
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Gunite, Heated, In Ground
  • Window Features: Casement Windows, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Direction Faces: Southeast
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, New Condition, Privacy
  • Builder Name: Irvine Pacific
  • Pool Features: Association, Fenced, Heated, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, High Efficiency Water Heater, Hot Water Circulator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Zoned, Forced Air, High Efficiency
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Whole House Fan, Gas, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone
  • Phone: 9498383236
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone Pacific Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: Yes
  • Lot Features: Back Yard, Front Yard, Level, Park Nearby, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 4485.00
  • Lot Size Acres: 0.1030
  • Latitude Manual: 33.73963600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4485.0000 Square Feet
  • Number Of Units In Community: 152
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 49
  • Tax Tract Number: 18019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Feb 4, 2020
Sold by
Irvine Pacific Lp
Bought by
Li Zeoing and Wang Wenjun
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Miles Zhao
Keller Williams Realty Irvine
List Price
$1,504,000
Sold Price
$1,559,814
Premium/Discount to List
$55,814
3.71%
Current Estimated Value
$3,118,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,559,084
Avg. Annual Appreciation
12.78%
Original Mortgage
$750,000
Outstanding Balance
$661,518
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$2,457,380
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Zeoing $1,560,000 First American Title Company
Irvine Pacific Lp -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zeoing $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2020 03/18/20 Sold $1,559,814 +3.7% $533 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $1,504,000 -- $513 / 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 $21,743 $1,710,557 $954,757 $755,800
2024 $21,743 $1,677,017 $936,036 $740,981
2023 $21,343 $1,644,135 $917,683 $726,452
2022 $21,014 $1,611,898 $899,690 $712,208
2021 $20,684 $1,580,293 $882,049 $698,244
2020 $7,849 $479,997 $34,612 $445,385
2019 $1,070 $33,934 $33,934 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19167726

California Regional Multiple Listing Service (CRMLS)

APN: 527-531-49