NOT LISTED FOR SALE

Estimated Value: $1,334,207 - $1,489,000

5 Beds
3.5 Baths
4,895 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $975,000 $199 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,989/month

3 Days on Market

Highlights

  • 24-Hour Security
  • Primary Bedroom Suite
  • Open Floorplan
  • Heated In Ground Pool
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

Gorgeous panoramic view home located in the prestigious Lake Hills Reserves! Situated on one of the most desirable and private lots in the community with breathtaking city lights and mountain views! This home features five bedrooms and four bathrooms (one downstairs bedroom with private entrance and full bathroom) plus office and upstairs loft. Bright open floorplan has formal living and dining rooms with dual sided fireplace. Gourmet kitchen with walk in pantry, large center island, granite countertops and stainless steel appliances including five burner cooktop, dishwasher, double ovens, microwave and built-in refrigerator. Spacious family room with fireplace and bar area. Upstairs master bedroom with retreat, fireplace, his and hers walk in closets with built in organizers and balcony. Spa like master bath with marble flooring and countertops, large soaking jetted tub and separate shower. No expense has been spared with over 300K in designer upgrades including tumbled travertine & wood flooring, new paint, stone bathrooms, upgraded lighting, private home office with custom built in desk and bookshelves. Incredible entertainers backyard with resort style rock pool and spa, built in BBQ island, waterfall, multiple viewing areas, artificial turf, sunroom with remote control adjustable shades and movie projector. Three car tandem garage. Conveniently located close to schools, freeways and shopping. Priced to sell under appraised value!!

Last Agent to Sell the Property

Kim Rappa

First Team Real Estate License #01319427 Listed on: 06/11/2020

First Team Real Estate

Last Buyer's Agent

Danelle Stroble

First Team Real Estate License #01918815

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,215

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot

HOA Fees

  • $158 Monthly HOA Fees

Parking

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

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 4,895 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Custom Window Coverings
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Patio
  • Arizona Room
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 28816
  • Assessor Parcel Number 135501007

Community Details

Overview

  • Lake Hill Reserve Association, Phone Number (951) 244-0048
  • Lake Hills Reserve HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities

Recreation

  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,215

Year Built

Built in 2007

Lot Details

0

HOA Fees

$158 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 135501007
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4895.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Stone Counters, Tandem, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 199.18
  • Room Type: Entry, Family Room, Loft, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s)
  • Patio And Porch Features: Arizona Room
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Picnic Area, Banquet Facilities
  • Association Fee: 158.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Hill Reserve
  • Phone: 951-244-0048
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Lake Hills Reserve

Schools

  • School District: Alvord Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4591

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.09
  • Tax Lot: 67
  • Tax Tract Number: 28816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Abdulla Wadeed
Bought by
Abdulla Wadeed Family Trust
Current Estimated Value
$1,419,552

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jun 24, 2020
Sold by
Massoud Wassim and Hamdan Rola A
Bought by
Abdulla Wadeed
Seller's Agent
Kim Rappa
First Team Real Estate
Buyer's Agent
Danelle Stroble
First Team Real Estate
List Price
$999,900
Sold Price
$975,000
Premium/Discount to List
-$24,900
-2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Massoud Wassim and Abou Hamdan Rola
Bought by
Massoud Wassim and Hamdan Roal A

Purchase Details

Closed on
Aug 28, 2008
Sold by
Lake Hills Riverside Lp
Bought by
Massoud Wassim and Abou Hamdan Rola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,062
Interest Rate
5.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Abdulla Wadeed Family Trust -- --
Abdulla Wadeed $975,000 Western Resources Title Co
Massoud Wassim -- None Available
Massoud Wassim $500,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdulla Wadeed $510,000
Previous Owner Massoud Wassim $503,846
Previous Owner Massoud Wassim $491,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $975,000 -2.5% $199 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $999,900 -- $204 / 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 $15,215 $1,055,370 $146,128 $909,242
2023 $15,215 $1,014,390 $140,454 $873,936
2022 $14,583 $994,500 $137,700 $856,800
2021 $14,316 $975,000 $135,000 $840,000
2020 $10,411 $648,420 $265,071 $383,349
2019 $0 $635,707 $259,874 $375,833
2018 $10,155 $618,543 $254,780 $363,763
2017 $10,013 $606,416 $249,785 $356,631
2016 $9,428 $545,997 $244,888 $301,109
2015 $9,334 $537,797 $241,210 $296,587
2014 $9,317 $527,264 $236,486 $290,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20111723

California Regional Multiple Listing Service (CRMLS)

APN: 135-501-007