NOT LISTED FOR SALE

Estimated Value: $3,026,000 - $3,388,000

4 Beds
4.5 Baths
3,315 Sq Ft
$949/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,860,000 $561 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $18,852/month

4 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Clubhouse
  • Orchard Hills School Rated A
  • Orchard Views
  • 1-minute walk to Meadow at the Groves Park

About This Home

As of July 2021

BEAUTIFUL BRAND NEW HOME located behind the 24/7 guard-gates of the The Groves in the luxury community of Orchard Hills! This home is the Residence 3 of Palermo by Taylor Morrison. Only minutes away to the community resort and clubhouse, the home is at a premium corner lot with Over 100K in builder UPGRADES! NO HOMES are behind or in front, FROM ALL THE BEDROOMS there are views of the orchards, and/or the community clubhouse.
A generous guest suite downstairs is perfect for your in-laws. High-end brand new stainless steel appliances and a built in refrigerator, with highly upgraded kitchen countertops and cabinets, make to a chef-level gourmet kitchen. Upgraded Modern fireplace in the living room, provides you endless joys of being home. A multi-stacking door leading to the backyard, and a built-in California Sunroom which enable you to enjoy the good climate of the big Irvine.
Speakers of surrounding sounds are on the ceilings throughout the main areas of the home. Luxurious floorings are downstairs, and upgraded brand new carpets are inside all the bedrooms upstairs. Huge loft, and multiple google fiber cat-6 upgraded through out the house. Generous size of walk-in closet inside the master bedroom.
GREEN features are included 5.4KW Leased Solar Panels (buyers need to take over the lease), pre-wired for electric car charging, keyless entry, remote controlled fireplace, installed security devices, and tankless water heater. Rare opportunity to own a brand new move-in ready home in this market! Do not miss it!

Last Agent to Sell the Property

Meiling Wan

Signature One Realty Group, Inc License #01994615 Listed on: 06/03/2021

Last Buyer's Agent

Meiling Wan

Signature One Realty Group, Inc License #01994615 Listed on: 06/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,439 Sq Ft Lot
  • Back Yard

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Orchard Views
  • Mountain
  • Neighborhood

Interior Spaces

  • 3,315 Sq Ft Home
  • Great Room with Fireplace
  • Living Room
  • Loft
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet

Schools

  • Orchard Hills Middle School
  • Beckman High School

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 19004
  • Assessor Parcel Number 52754121

Community Details

Overview

  • Groves At Orchard Hills Association, Phone Number (949) 833-2600
  • Keystone HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: refrigerator
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 52754121
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3315.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 561.09
  • Room Type: Bonus Room, Great Room, Living Room, Loft, Main Floor Bedroom, Master Suite, Multi-Level Bedroom, Walk-In Closet

Exterior Features

  • View: Mountain(s), Neighborhood, Orchard
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Dog Park, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse, Security
  • Association Fee: 289.00
  • Association Fee Frequency: Monthly
  • Association Name: Groves at Orchard Hills
  • Phone: 9498332600
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks, Street Lights
  • Association Management: Keystone

Schools

  • High School: Beckman
  • Middle Or Junior School: Orchard Hills
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4439.00
  • Lot Size Acres: 0.1019

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4439.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 78
  • Tax Tract Number: 19004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 17, 2021
Sold by
Feng Yuqing and Wang Ruby Hong
Bought by
Wang Kelvin and Zhong Joyce
Seller's Agent
Meiling Wan
Signature One Realty Group, Inc
Buyer's Agent
Meiling Wan
Signature One Realty Group, Inc
List Price
$1,799,900
Sold Price
$1,860,000
Premium/Discount to List
$60,100
3.34%
Current Estimated Value
$3,147,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,287,381
Avg. Annual Appreciation
12.46%
Original Mortgage
$760,000
Outstanding Balance
$697,815
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,449,566

Purchase Details

Closed on
Apr 23, 2021
Sold by
Taylor Morrison/California Llc
Bought by
Feng Yuqing and Wang Ruby Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$697,815
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,449,566

Purchase Details

Closed on
Dec 23, 2020
Sold by
Liu Jinlong
Bought by
Feng Yuqing
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
Wang Kelvin $1,860,000 Fidelity National Title Co
Feng Yuqing $1,700,000 First American Title
Feng Yuqing -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kelvin $760,000
Previous Owner Feng Yuqing $970,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $1,860,000 +3.3% $561 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $1,799,900 -- $543 / 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 $25,453 $1,973,846 $1,145,015 $828,831
2024 $25,453 $1,935,144 $1,122,564 $812,580
2023 $24,930 $1,897,200 $1,100,552 $796,648
2022 $24,488 $1,860,000 $1,078,972 $781,028
2021 $13,793 $814,286 $814,286 $0
2020 $1,180 $17,332 $17,332 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21115531

California Regional Multiple Listing Service (CRMLS)

APN: 527-541-21