NOT LISTED FOR SALE

13831 Palace Way Tustin, CA 92780

Estimated Value: $1,462,000 - $1,710,000

5 Beds
3 Baths
2,813 Sq Ft
$570/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $1,220,000 $434 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,559/month

48 Days on Market

Highlights

  • Private Pool
  • Lawn
  • 3 Car Attached Garage
  • Hewes Middle School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2023

WOW! Location, plenty of living space, engaging outside areas, plus a pool with connected hot tub. This 2813 sq. ft. home, resting on an 8100 sq. ft. lot, is the perfect place to call home! Having 5 bedrooms and 3 baths, it offers a comfortable lifestyle for all family members with room to spare for guests. A huge, modern kitchen provides great preparation, eating, and entertaining space as does the extra large living area. A nice den with a fireplace can be used as an office or area to relax in semi-privacy. Additionally, the 3 car garage allows multiple vehicles their own protected place as well as storage for tools and overflow items. Encased by verdant landscaping with easy access to LA and proximity to both the Saddleback Mountains and Pacific Coast this site delivers convenience and gorgeous panoramic views. Look no further for your new home.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 11/23/2022

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Dean O'Dell

Seven Gables Real Estate License #01060767

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,775

Year Built

  • Built in 1966

Lot Details

  • 8,100 Sq Ft Lot
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Private Pool
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6200
  • Assessor Parcel Number 39514111
  • $471 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,775

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 39514111
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2813.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 433.70
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

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: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 757.01
  • Tax Lot: 7
  • Tax Tract Number: 6200
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 2, 2023
Sold by
Usmani Shawn
Bought by
Usmani Saima
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Dean O'Dell
Seven Gables Real Estate
List Price
$1,299,000
Sold Price
$1,220,000
Premium/Discount to List
-$79,000
-6.08%
Views
120
Current Estimated Value
$1,603,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,891
Avg. Annual Appreciation
11.05%
Original Mortgage
$1,089,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2023
Sold by
Alfred C Serrato Sr Family Trust
Bought by
Usmani Saima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2021
Sold by
Charles Serrato Sr Alfred
Bought by
Alfred C Serrato Sr Family Trust

Purchase Details

Closed on
Jul 12, 2006
Sold by
Serrato Lily A
Bought by
Serrano Alfred C and Alfred C Serrato Sr Family Trust

Purchase Details

Closed on
Jun 4, 2004
Sold by
Serrato Alfred C
Bought by
Serrato Alfred C and Alfred C Serrato Sr Family Trust

Purchase Details

Closed on
Jun 18, 2002
Sold by
Serrato Alfred C and Serrato Lily A
Bought by
Serrato Alfred C

Purchase Details

Closed on
Aug 31, 2000
Sold by
Serrato Alfred and Serrato Lillian
Bought by
Estate Of Benjamin Voll and Okonski Judith

Purchase Details

Closed on
Apr 18, 2000
Sold by
Serrato Alfred C and Serrato Lily A
Bought by
Serrato Lily and Estate Of Benjamin Voll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
8.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 25, 1996
Sold by
Serrato Alfred C and Serrato Alfred C
Bought by
Serrato Alfred C and Trust Of Alfred C Serrato Sr

Purchase Details

Closed on
Jun 10, 1996
Sold by
Serrato Lily Ann and Voll Benjamin
Bought by
Okonski Judith A and Voll Benjamin

Purchase Details

Closed on
Sep 30, 1994
Sold by
Serrato Alfred Charles and Serrato Lily Ann
Bought by
Serrato Lily and Voll Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Usmani Saima -- Wfg National Title
Usmani Saima $1,220,000 Wfg National Title
Alfred C Serrato Sr Family Trust -- --
Serrano Alfred C -- None Available
Serrato Alfred C -- --
Serrato Alfred C -- --
Estate Of Benjamin Voll -- --
Serrato Lily -- California Counties Title Co
Serrato Alfred C -- California Counties Title Co
Serrato Alfred C -- --
Okonski Judith A -- --
Serrato Lily -- United Title Company
Serrato Alfred Charles -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Usmani Saima $1,089,000
Previous Owner Usmani Saima $1,089,000
Previous Owner Serrato Alfred C $89,900
Previous Owner Serrato Alfred Charles $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $1,220,000 -6.1% $434 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
11/23/2022 11/23/22 For Sale $1,299,000 -- $462 / 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 $13,775 $1,269,288 $1,025,656 $243,632
2024 $13,775 $1,244,400 $1,005,545 $238,855
2023 $8,861 $787,251 $583,400 $203,851
2022 $8,733 $771,815 $571,961 $199,854
2021 $6,416 $703,831 $511,132 $192,699
2020 $6,412 $696,615 $505,891 $190,724
2019 $6,267 $682,956 $495,971 $186,985
2018 $6,187 $669,565 $486,246 $183,319
2017 $6,093 $656,437 $476,712 $179,725
2016 $5,994 $643,566 $467,365 $176,201
2015 $6,042 $633,900 $460,345 $173,555
2014 $5,877 $621,483 $451,327 $170,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22245245

California Regional Multiple Listing Service (CRMLS)

APN: 395-141-11