NOT LISTED FOR SALE

15 Rainbow Falls Unit 31 Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $1,711,000 - $2,042,554

3 Beds
2.5 Baths
2,359 Sq Ft
$600/mo HOA Fee

Last Sold April 12, 2021

Last sale price $1,248,888 $529 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,305/month

4 Days on Market

Highlights

  • Spa
  • No Units Above
  • Updated Kitchen
  • Turtle Rock Elementary Rated A
  • City Lights View
  • Open Floorplan

About This Home

As of April 2021

Meticulously renovated, Glen Garden largest and most popular plan nestled in the hillside of prestigious Turtle Rock on a quiet Cul-De-Sac. Beautiful courtyard through the wrought iron gate welcomes you to this spectacular 3 bedroom, 2.5 Bath plus den, and approximately 2,400SF of luxury. Separate family & living room with vaulted ceilings, formal dining, completely remodeled kitchen & baths with upgraded cabinets, beautiful quartz counter tops, and LED recessed lighting. Spacious backyard plus two balconies with view great for entertaining or relaxation. Oversize 2 car attached garage with plenty of room for storage. No neighbor or street behind, just green belt and quiet walking trail. Walk to award-winning Turtle Rock Elementary and University High in just minutes through the lighted walking trail in the back without ever crossing any streets. Enjoy the resort style amenities such as pool & tennis within the community. Welcome home.

Last Agent to Sell the Property

Paul Young

Pacific Sterling Realty License #01433615 Listed on: 03/26/2021

Pacific Sterling Realty

Last Buyer's Agent

Bryn Debeikes

Coldwell Banker Realty License #01222844

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,385

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System
  • Back and Front Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Woods
  • Hills

Home Design

  • Split Level Home
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8999
  • Assessor Parcel Number 93475031

Community Details

Overview

  • Master Insurance
  • 140 Units
  • Garden Homes Maintenance Assn Association, Phone Number (714) 508-9070
  • Keystone Pacific Association
  • Optimum HOA
  • Glen Garden Homes Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,385

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Glen Garden Homes (GH)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93475031
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2359.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level/1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: Two, Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 529.41
  • Room Type: All Bedrooms Up, Den, Family Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: City Lights, Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Turtle Rock Glen Community Assn
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Biking Trails, Hiking Trails, Insurance, Maintenance Grounds
  • Association Fee: 515.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Garden Homes Maintenance Assn
  • Phone: 714.508.9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks, Storm Drains
  • Association Management: Optimum
  • Association Management 2: Keystone Pacific

Schools

  • School District: Irvine Unified
  • Elementary School: Turtle Rock
  • Middle School: Rancho San Juaquin
  • High School: University
  • Elementary School: Turtle Rock
  • High School: University
  • Middle Or Junior School: Rancho San Juaquin
  • Elementary School #2: TURROC
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 140
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.31
  • Tax Lot: 6
  • Tax Tract Number: 8999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Smith Jennifer L
Bought by
Smith Zachary Aaron
Current Estimated Value
$1,873,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2023
Sold by
Anelli Mark A
Bought by
Smith Zachary Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 8, 2021
Sold by
Anelli Jill Marie
Bought by
Anelli Mark A
Seller's Agent
Paul Young
Pacific Sterling Realty
Buyer's Agent
Bryn Debeikes
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,248,888
Premium/Discount to List
$98,888
8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$822,375
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2021
Closed on
Mar 31, 2021
Sold by
Melville Mayanka
Bought by
Anelli Mark A
Seller's Agent
Paul Young
Pacific Sterling Realty
Buyer's Agent
Bryn Debeikes
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,248,888
Premium/Discount to List
$98,888
8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Sheaffer Robert James
Bought by
Melville Mayanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Melville Pravin
Bought by
Melville Mayanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Sheaffer Robert J
Bought by
Sheaffer Robert J and The Sheaffer Family Trust
Source: Public Records

Range of Values:

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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
Smith Zachary Aaron -- First American Title
Smith Zachary Aaron $1,600,000 First American Title
Anelli Mark A -- Fidelity National Title Co
Anelli Mark A $1,249,000 Fidelity National Title Co
Melville Mayanka $812,000 Orange Coast Title Co
Melville Mayanka -- Orange Coast Title Co
Sheaffer Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Zachary Aaron $80,000
Previous Owner Smith Zachary Aaron $1,200,000
Previous Owner Anelli Mark A $822,375
Previous Owner Melville Mayanka $649,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $1,248,888 +8.6% $529 / Sq Ft
03/26/2021 03/26/21 For Sale $1,150,000 -- $487 / 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 $17,385 $1,664,640 $1,428,146 $236,494
2024 $17,385 $1,632,000 $1,400,143 $231,857
2023 $13,700 $1,299,342 $1,090,443 $208,899
2022 $13,454 $1,273,865 $1,069,062 $204,803
2021 $9,653 $910,091 $709,876 $200,215
2020 $9,598 $900,760 $702,597 $198,163
2019 $9,386 $883,099 $688,821 $194,278
2018 $9,221 $865,784 $675,315 $190,469
2017 $9,032 $848,808 $662,073 $186,735
2016 $8,630 $832,165 $649,091 $183,074
2015 $2,165 $205,400 $84,579 $120,821
2014 $2,123 $201,377 $82,922 $118,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21061261

California Regional Multiple Listing Service (CRMLS)

APN: 934-750-31