NOT LISTED FOR SALE

Estimated Value: $3,964,550 - $5,904,000

5 Beds
7.5 Baths
8,029 Sq Ft
$575/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $2,388,000 $297 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $27,141/month

280 Days on Market

Highlights

  • Wine Cellar
  • Cabana
  • Primary Bedroom Suite
  • Gerald F. Litel Elementary School Rated A
  • Rooftop Deck
  • Panoramic View

About This Home

As of April 2015

Huge Price Reduction!! Step into this lavish and impeccably designed custom home located in the prestigious Chino Hills gated community “Oak Tree Downs.” This 8,029 sqft masterfully designed estate utilizing the “finest materials and workmanship” and un-obstructed 270 degree panoramic views. This home features 5 bedrooms, 7-1/2 bathrooms, 2 steam showers, 2 offices, 2 family rooms, 3 large second story decks, 5 fireplaces, a fitness room. The in-ground Pool and Spa has a separate ‘Cabana Building’ with a built in Bar-B-Que, exterior heaters and a separate refrigerator. There is also a Wine Cellar below the house that can be accessed by the elevator. This home has all the amenities imaginable! COME AND SEE ALL THIS HOME HAS TO OFFER!

Last Agent to Sell the Property

Michael Wu

K.W. EXECUTIVE License #01935920 Listed on: 03/02/2015

Co-Listed By

Mike Chou

K.W. EXECUTIVE License #01852861

Last Buyer's Agent

Dinah Ko

IRN Realty License #01067645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,760

Year Built

  • Built in 2001

Lot Details

  • 0.97 Acre Lot
  • Cross Fenced
  • Wrought Iron Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard
  • On-Hand Building Permits

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Pool

Home Design

  • Custom Home
  • Modern Architecture
  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Tile Roof
  • Concrete Roof
  • Cement Siding
  • Copper Plumbing

Interior Spaces

  • 8,029 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Dual Staircase
  • Wired For Data
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Double Pane Windows
  • Insulated Windows
  • Shutters
  • Custom Window Coverings
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Storage
  • Utility Room
  • Home Gym
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool
  • Permits For Spa

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch
  • Fireplace in Patio
  • Lanai
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Workshop
  • Hot Water Circulator
  • Water Softener
  • Conventional Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • Service Entrance
  • Gated Community

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 10558
  • Assessor Parcel Number 1000301070000

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,760

Year Built

Built in 2001

Lot Details

0

HOA Fees

$225 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Fire Sprinkler System, Fire and Smoke Detection System, Gated Community, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Oak Tree Downs
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Custom Built, Mediterranean, Modern
  • Property Condition: Building Permit, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1000301070000
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8029.00
  • Interior Amenities: 2 Staircases, Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Wired for Data, Elevator, Copper Plumbing Full, Granite Counters, Storage, Two Story Ceilings, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Service Entrance
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 297.42
  • Room Type: Basement, Entry, Family Room, Exercise Room, Library, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Recreation, Office, Utility Room, Wine Cellar
  • Spa Features: Gunite, Heated, In Ground, Permits, Private
  • Window Features: Custom Covering, Double Pane Windows, Insulated Windows, Shutters
  • Bathroom Features: Bidet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters, Satellite Dish
  • View: City Lights, Canyon, Hills, Mountain(s), Panoramic, Pool, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Wrought Iron, Cross Fenced
  • Patio And Porch Features: Cabana, Covered, Concrete, Deck, Lanai, Patio, Roof Top, Slab
  • Pool Features: Fenced, Gunite, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Cement Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener, On Site, Private
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Disposal, Gas Cooktop, Hot Water Circulator, Instant Hot Water, Refrigerator, Trash Compactor, Water Softener
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, 220 Volts in Workshop
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Chino Valley Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Corners Marked, Level, Landscaped, Paved, Park Nearby, Planned Unit Development, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 42253.00
  • Price Per Lot Square Foot: 56.52
  • Lot Size Acres: 0.9700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42253.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 10558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Apr 4, 2015
Sold by
Jing Qiu
Bought by
Zhang Jiyi
Seller's Agent
Michael Wu
K.W. EXECUTIVE
Buyer's Agent
Dinah Ko
IRN Realty
List Price
$2,480,000
Sold Price
$2,388,000
Premium/Discount to List
-$92,000
-3.71%
Current Estimated Value
$4,432,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,044,635
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Mar 2, 2015
Closed on
Mar 25, 2015
Sold by
Xu Shawn Xin
Bought by
Hui Yan and Zhang Ziyi
Seller's Agent
Michael Wu
K.W. EXECUTIVE
Buyer's Agent
Dinah Ko
IRN Realty
List Price
$2,480,000
Sold Price
$2,388,000
Premium/Discount to List
-$92,000
-3.71%

Purchase Details

Closed on
Sep 3, 2008
Sold by
Azimioara Xenia M
Bought by
Xu Shawn Xin and An Kefei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1995
Sold by
Matos Max H
Bought by
Azimioara Teodor and Azimioara Xenia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
8.86%

Purchase Details

Closed on
Oct 17, 1994
Sold by
Matos Max H
Bought by
Redlands Federal Bank
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
Zhang Jiyi -- Fidelity National Title
Hui Yan $2,388,000 Fidelity National Title
Xu Shawn Xin $2,100,000 Itc
Azimioara Teodor -- Old Republic Title Co
Redlands Federal Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Shawn Xin $1,500,000
Previous Owner Azimioara Teodor $961,100
Previous Owner Azimioara Teador $132,000
Previous Owner Azimioara Teodor $980,000
Previous Owner Azimioara Teodor $792,000
Previous Owner Azimioara Teodor $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $2,388,000 -3.7% $297 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $2,480,000 0.0% $309 / Sq Ft
03/02/2015 03/02/15 Price Changed $2,480,000 +3.9% $309 / Sq Ft
10/16/2014 10/16/14 Off Market $2,388,000 -- --
08/26/2014 08/26/14 Price Changed $2,680,000 -3.9% $334 / Sq Ft
08/05/2014 08/05/14 Price Changed $2,789,000 -5.5% $347 / Sq Ft
05/30/2014 05/30/14 For Sale $2,950,000 -- $367 / 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 $31,760 $2,870,020 $1,004,507 $1,865,513
2024 $31,760 $2,813,745 $984,811 $1,828,934
2023 $30,885 $2,758,574 $965,501 $1,793,073
2022 $30,693 $2,704,485 $946,570 $1,757,915
2021 $30,097 $2,651,456 $928,010 $1,723,446
2020 $29,702 $2,624,268 $918,494 $1,705,774
2019 $29,181 $2,572,811 $900,484 $1,672,327
2018 $28,538 $2,522,363 $882,827 $1,639,536
2017 $28,026 $2,472,905 $865,517 $1,607,388
2016 $26,213 $2,424,417 $848,546 $1,575,871
2015 $24,641 $2,295,124 $803,293 $1,491,831
2014 $24,149 $2,250,166 $787,558 $1,462,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14112725

California Regional Multiple Listing Service (CRMLS)

APN: 1000-301-07