NOT LISTED FOR SALE

Estimated Value: $3,051,084 - $3,423,000

5 Beds
5.5 Baths
6,079 Sq Ft
$530/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $2,333,750 $384 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $19,602/month

21 Days on Market

Highlights

  • Home Theater
  • Private Pool
  • Custom Home
  • Gerald F. Litel Elementary School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of November 2014

Payne Ranch Signature Trophy Home. Rare, one of a kind, custom showcase property with Southern Colonial style architecture. This is lot #1, the first home built in Payne Ranch by prestigious Cornell Custom Homes. Recognized as the "White House", this home has been fully remodeled & upgraded throughout including gorgeous 24" Crema Marfil Marble Floors & hand picked Italian Granite. Magnificent entryway with dual sweeping spiral staircase, dramatic formal living room with 8 foot tall custom fireplace mantel, enormous family room with full wet bar, separate media room with boasting 121" movie screen & newly installed 9.2 custom surround sound system. Gourmet kitchen with expansive center island, upgraded cabinetry, ample counter space & large walk-in pantry. Elegant property features 6079 sqft. of fine luxury & style, 5 bedrooms, 5 1/2 baths, oversized 3 car garage with side yard driveway, pool, spa, half acre lot. Functional floor plan, large private bed & bath downstairs, 4 oversized bedroom suites upstairs with charming attached covered patios over looking grounds. Remodeled master bath features Jacuzzi tub, sauna & oversized shower. Spacious attic converted to full workout room. Walking distance to The Shoppes, many fine restaurants, churches & schools.

Last Agent to Sell the Property

Percy Segura

KING REALTY GROUP, INC License #00994539 Listed on: 09/18/2014

Co-Listed By

Lori King

King Realty Group Inc License #01905797

Last Buyer's Agent

Adrian Torres

The Listing Brokerage License #01806388

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.49 Acre Lot
  • Block Wall Fence

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Home Design

  • Custom Home
  • Colonial Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 6,079 Sq Ft Home
  • Dual Staircase
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Double Door Entry
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Gym
  • Home Security System
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11560
  • Assessor Parcel Number 1024061010000

Community Details

Overview

  • Payne Ranch HOA

Amenities

  • Laundry Facilities

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Gated Community, Security System
  • Subdivision Name Other: Payne Ranch
  • View: Yes
  • Architectural Style: Custom Built, Colonial
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1024061010000
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6079.00
  • Interior Amenities: 2 Staircases, Bar, Built-in Features, Balcony, Block Walls, Cathedral Ceiling(s), High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 383.90
  • Room Type: Family Room, Formal Entry, Foyer, Exercise Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Home Theatre
  • Spa Features: Private
  • Window Features: Drapes, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Payne Ranch HOA
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Lot Size Sq Ft: 21275.00
  • Lot Size Acres: 0.4880

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21275.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 200

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2019
Sold by
Landeros Jorge T and Landeros Maria Elena
Bought by
Landeros Jorge T and Landeros Maria Elena
Current Estimated Value
$3,222,028

Purchase Details

Listed on
Sep 18, 2014
Closed on
Nov 24, 2014
Sold by
Landeros Maria E
Bought by
Landeros Jorge
Seller's Agent
Percy Segura
KING REALTY GROUP, INC
Buyer's Agent
Adrian Torres
The Listing Brokerage
List Price
$2,699,888
Sold Price
$2,333,750
Premium/Discount to List
-$366,138
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,500,000
Outstanding Balance
$512,626
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$2,709,402

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 17, 2014
Sold by
Gabriel Thomas L
Bought by
Landeros Jorge L
Seller's Agent
Percy Segura
KING REALTY GROUP, INC
Buyer's Agent
Adrian Torres
The Listing Brokerage
List Price
$2,699,888
Sold Price
$2,333,750
Premium/Discount to List
-$366,138
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$512,626
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$2,709,402

Purchase Details

Closed on
May 9, 2006
Sold by
Neff Merlin L
Bought by
Gabriel Thomas L and Gabriel Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1996
Sold by
Zamarripa Frank and Zamarripa Janet
Bought by
Neff Merlin L and Neff Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.87%
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
Landeros Jorge T -- None Available
Landeros Jorge T -- None Available
Landeros Jorge -- Ticor Title Company
Landeros Jorge L $2,337,500 Ticor Title Company
Gabriel Thomas L $1,825,000 Community Title Company
Neff Merlin L $990,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landeros Jorge $1,500,000
Closed Landeros Jorge L $100,000
Previous Owner Gabriel Thomas L $1,330,000
Previous Owner Neff Merlin L $750,000
Closed Neff Merlin L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $2,333,750 -13.6% $384 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $2,699,888 -- $444 / 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 $30,285 $2,809,325 $983,264 $1,826,061
2024 $30,285 $2,754,240 $963,984 $1,790,256
2023 $29,442 $2,700,235 $945,082 $1,755,153
2022 $29,265 $2,647,289 $926,551 $1,720,738
2021 $28,695 $2,595,381 $908,383 $1,686,998
2020 $28,321 $2,568,769 $899,069 $1,669,700
2019 $27,900 $2,518,401 $881,440 $1,636,961
2018 $27,282 $2,469,021 $864,157 $1,604,864
2017 $26,796 $2,420,609 $847,213 $1,573,396
2016 $25,030 $2,373,146 $830,601 $1,542,545
2015 $24,526 $2,337,500 $818,125 $1,519,375
2014 $18,319 $1,700,000 $595,000 $1,105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14202012

California Regional Multiple Listing Service (CRMLS)

APN: 1024-061-01