NOT LISTED FOR SALE

Estimated Value: $5,485,000 - $5,967,000

5 Beds
3.5 Baths
4,699 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $3,550,000 $755 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $33,538/month

10 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • Panoramic View
  • Rancho San Joaquin Middle School Rated A+
  • Primary Bedroom Suite
  • 0.43 Acre Lot

About This Home

As of June 2021

Gorgeous views! Southeast facing! Visualize yourself living with your loved ones in this magnificent estate at the pinnacle of the most sought-after, guard-gated Turtle Rock Summit community with rare sweeping views from sunset over Catalina and Fashion Island, to the Palos Verdes Peninsula, to the Disneyland fireworks and city lights of Irvine. Very private and quiet, this fantastic entertainer's dream home consists of 4 bedrooms and 3.5bathrooms and a huge bonus room ( can be made the fifth bedroom). Home was built with unparalleled custom quality craftsmanship and is located on a small street of just 7 homes. Rare features include smooth exterior stucco, great floor plan ( Plan 3, Model C), Pella doors & windows, solid core passage doors, double coffered ceiling and archways, brand new waterproof eco friendly luxury plank flooring downstairs , brand new high quality stain resistant soft on the feet carpet upstairs, fresh paint, a whole house water filtration system, soaring two story volume ceilings, plenty of natural light, exquisite stone finishes, granite kitchen counters, plus an enclosed sunroom plan approved by city and HOA. Relax in your private pool and Spa, BBQ pavilion, covered patio, and dining area! Extra pool safety features include a removable pool fence and automatic pool and spa covers. It's a paradise!! Enjoy the amenities the community offers including clubhouse, pool and Spa for its residents. What peace of mind knowing that you are living in one of the safest cities in the country and your children are going to the top rated schools in the nation. This home is energy efficient with new HVAC system and solar panels ( all paid off) that will save you significantly on your electric bill. Now it's your time to own this beautiful lucky home!!!

Last Agent to Sell the Property

Yuefang Ryono

Compass Brokerage Phone: 562-964-9808 License #01448754 Listed on: 05/06/2021

Last Buyer's Agent

Aiming Zhu

Harvest Realty Development License #01927626

Harvest Realty Development

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.43 Acre Lot
  • Density is 2-5 Units/Acre

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Panoramic
  • Canyon
  • Hills

Home Design

  • Modern Architecture
  • Planned Development

Interior Spaces

  • 4,699 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Spa

Schools

  • Turtle Rock Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Two cooling system units
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 13244
  • Assessor Parcel Number 46367210

Community Details

Overview

  • Turtle Rock Summit Association, Phone Number (949) 465-2442
  • Turtle Rock Summit Association
  • Summit Estates Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$680 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Attendant
  • Subdivision Name Other: Summit Estates (TSE)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46367210
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4699.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 755.48
  • Room Type: Bonus Room, Kitchen, Primary Suite
  • Spa Features: Community

Exterior Features

  • View: Canyon, Hills, Panoramic
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Gas Oven, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Clubhouse
  • Association Fee: 680.00
  • Association Fee Frequency: Monthly
  • Association Name: turtle rock summit
  • Phone: 949-465-2442
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains
  • Association Management: Turtle Rock Summit Association

Schools

  • Elementary School: Turtle Rock
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: TURROC
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 18900.00
  • Lot Size Acres: 0.4339

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.28
  • Tax Lot: 25
  • Tax Tract Number: 13244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 10, 2021
Sold by
Kwon Erin and Chow Tai Ti
Bought by
Chen Xi and Xu Qing
Seller's Agent
Yuefang Ryono
Compass
Buyer's Agent
Aiming Zhu
Harvest Realty Development
List Price
$3,500,000
Sold Price
$3,550,000
Premium/Discount to List
$50,000
1.43%
Current Estimated Value
$5,635,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,085,459
Avg. Annual Appreciation
10.77%
Original Mortgage
$1,952,500
Outstanding Balance
$1,796,032
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$3,839,427

Purchase Details

Closed on
Apr 6, 2010
Sold by
Kwon Jimmy
Bought by
Kwon Erin

Purchase Details

Closed on
Apr 2, 2010
Sold by
Slavik Paul A
Bought by
Kwon Erin and Chow Tai Ti Hwang

Purchase Details

Closed on
Mar 6, 2006
Sold by
Slavik Paul Alan and Slavik Cathie Anne
Bought by
Slavik Paul A and Slavik Family Trust
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
Chen Xi $3,550,000 Ticor Title Company Oc
Chow Tai Ti Hwang -- Ticor Ttl Orange Cnty Branch
Kwon Erin -- Accommodation
Kwon Erin $2,688,000 First American Title Company
Slavik Paul A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xi $1,952,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $3,550,000 +1.4% $755 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $3,500,000 0.0% $745 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $3,500,000 -- $745 / 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 $39,979 $3,842,633 $2,930,761 $911,872
2024 $39,979 $3,767,288 $2,873,295 $893,993
2023 $38,955 $3,693,420 $2,816,956 $876,464
2022 $38,252 $3,621,000 $2,761,721 $859,279
2021 $33,893 $3,219,463 $2,302,411 $917,052
2020 $33,561 $3,172,630 $2,278,803 $893,827
2019 $32,819 $3,110,422 $2,234,121 $876,301
2018 $32,254 $3,049,434 $2,190,315 $859,119
2017 $31,594 $2,989,642 $2,147,368 $842,274
2016 $30,182 $2,931,022 $2,105,263 $825,759
2015 $29,730 $2,886,996 $2,073,640 $813,356
2014 $29,150 $2,830,444 $2,033,020 $797,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21078563

California Regional Multiple Listing Service (CRMLS)

APN: 463-672-10