NOT LISTED FOR SALE

Estimated Value: $2,564,000 - $2,695,061

5 Beds
4.5 Baths
4,304 Sq Ft
$611/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $2,060,000 $479 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,915/month

Highlights

  • In Ground Pool
  • 0.99 Acre Lot
  • Furnished
  • Gerald F. Litel Elementary School Rated A
  • Property is near a park
  • Neighborhood Views

About This Home

As of April 2021

Modern luxury estate located inside the beautiful Payne Ranch gated community in Chino Hills, the center of the greater Los Angeles area. Enjoy this spacious 4,306 sq. ft. house which features 5 bedrooms, 5 baths, and a 3-car garage on a huge 43,000 sq. ft. lot. Recently, this property has been completely remodeled and every room comes professionally decorated and elegantly furnished. The kitchen features a granite countertop bar and leads into a spacious living room with a flatscreen TV, perfect for lounging with family and friends. A sweeping staircase highlights the beauty of the interior design and leads to an upstairs entertainment area. A laundry chute on the second floor channels clothes directly into the downstairs laundry room. Outside, relax in the heated pool spa and covered barbecue area, or enjoy the openness and serenity of the backyard. Situated close to 57, 71, 60, & 10 Freeways, and within a short walking distance from the Chino Hills Shoppes outdoor mall, which features Trader Joe's, the city library, city government offices, and an immense variety of shopping and fine dining opportunities. A perfect resort-like home for your family! Call now to schedule a private showing of this exquisite property.

Last Agent to Rent the Property

Patrick Reid Lee

eXp Realty of California Inc License #02138712 Listed on: 03/30/2021

eXp Realty of California Inc

Last Renter's Agent

Sarah Schweitzer

Realty Masters & Associates License #01349444

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.99 Acre Lot
  • Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,304 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Location

  • Property is near a park
  • Urban Location

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $12,000
  • Rent includes association dues
  • Available 3/30/21
  • Tax Lot 18
  • Tax Tract Number 138143
  • Assessor Parcel Number 1024471300000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2021-03-30
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 12000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: All furniture, all kitchen appliances
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1024471300000
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4304.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.53
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lot Over 40000 Sqft, Park Nearby
  • Lot Size Sq Ft: 43000.00
  • Lot Size Acres: 0.9871
  • Latitude Manual: 33.99821200

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 43000.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 1.05
  • Tax Lot: 18
  • Tax Tract Number: 138143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 12, 2018
Sold by
Alvarado Alberto F and Alvarado Eileen J
Bought by
Gu Zhicheng
Seller's Agent
RACQUEL BARCELONA
WINNING EDGE REAL ESTATE
Buyer's Agent
Judy Lee
EXP REALTY OF CALIFORNIA INC
List Price
$2,208,888
Sold Price
$2,060,000
Premium/Discount to List
-$148,888
-6.74%
Current Estimated Value
$2,630,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,687
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Jun 2, 2005
Sold by
Sarkissian George and Sarkissian Marylou
Bought by
Alvarado Alberto F and Alvarado Eileen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Ryu Jai H and Ryu Keum H
Bought by
Sarkissian George and Sarkissian Marylou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Young Gallant A and Young Estela
Bought by
Ryu Jai H and Ryu Keum H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Toll At Payne Ranch Lp
Bought by
Young Gallant A and Young Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,958
Interest Rate
6.87%
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
Gu Zhicheng $2,060,000 Provident Title Company
Alvarado Alberto F $1,525,000 Equity Title Co Santa Ana
Sarkissian George $897,500 American Title Co
Ryu Jai H $825,000 Fidelity National Title Ins
Young Gallant A $572,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Alberto F $1,220,000
Previous Owner Sarkissian George $500,000
Previous Owner Ryu Jai H $550,000
Previous Owner Young Gallant A $457,958
Closed Young Gallant A $57,245
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Rented $6,600 +1.5% --
04/15/2021 04/15/21 Off Market $6,500 -- --
03/30/2021 03/30/21 For Rent $6,500 0.0% --
02/13/2018 02/13/18 Sold $2,060,000 -6.7% $479 / Sq Ft View Prior Sale
01/09/2018 01/09/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $2,208,888 -- $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 $25,411 $2,343,929 $820,374 $1,523,555
2024 $25,411 $2,297,969 $804,288 $1,493,681
2023 $24,707 $2,252,911 $788,518 $1,464,393
2022 $24,561 $2,208,736 $773,057 $1,435,679
2021 $24,085 $2,165,427 $757,899 $1,407,528
2020 $23,772 $2,143,224 $750,128 $1,393,096
2019 $23,357 $2,101,200 $735,420 $1,365,780
2018 $20,243 $1,831,599 $641,060 $1,190,539
2017 $19,882 $1,795,685 $628,490 $1,167,195
2016 $18,575 $1,760,476 $616,167 $1,144,309
2015 $18,202 $1,734,032 $606,912 $1,127,120
2014 $17,839 $1,700,064 $595,023 $1,105,041
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21055425

California Regional Multiple Listing Service (CRMLS)

APN: 1024-471-30