NOT LISTED FOR SALE

Estimated Value: $4,133,416 - $5,984,000

6 Beds
7.5 Baths
8,346 Sq Ft
$577/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $2,260,000 $271 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $28,506/month

17 Days on Market

Highlights

  • Cabana
  • View of Catalina
  • 1.45 Acre Lot
  • Acacia Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of November 2012

Spectacular, custom, Raymond Hills estate home with pool and spa on nearly an acre and a half. Enjoy city lights and Catalina Island views from one of many covered balconies and lanais. Chef's kitchen with center island, dual sinks, butler pantry and large Viking range. All the appliances are brand new and never been used. Built in 2006, this large, panoramic view, estate home includes 6 bedrooms and 8 bathrooms with dual master suites, one upstairs and one downstairs. With 8,346 square feet of living space and an open floor plan the home includes an elevator, two laundry rooms, four fireplaces, game room, large wet bar, media room, wine room and a huge bonus room with brand new wood flooring. Outside is a large, sparkling clean pool and spa with custom water features. Poolside is an over-sized, custom built cabana with fireplace and stainless steel built-in BBQ. Inside parking for up to seven vehicles with outside parking for RV s and boats. OFFERS WILL BE REVIEWED BY SELLER ON 11/6

Last Agent to Sell the Property

Mike McKibben

Arbor Real Estate License #01414934 Listed on: 10/23/2012

Arbor Real Estate

Last Buyer's Agent

Mike McKibben

Arbor Real Estate License #01414934 Listed on: 10/23/2012

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,419

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1.45 Acre Lot

Parking

  • 7 Car Garage

Property Views

  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Hills

Home Design

  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 8,346 Sq Ft Home
  • Wet Bar
  • Double Pane Windows
  • Great Room
  • Living Room
  • Family or Dining Combination
  • Game Room with Fireplace
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Jack-and-Jill Bathroom

Laundry

  • Laundry on upper level
  • Laundry in Kitchen

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Lanai

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Water Purifier
  • Sewer Paid

Community Details

  • Gated Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 28520113

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,419

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

7

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-422-3831
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Custom
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 28520113
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8346.00
  • Interior Amenities: Granite Counters, Wet Bar
  • 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: 6
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Game Room
  • Levels: Two
  • Price Per Square Foot: 270.79
  • Room Type: Bonus Room, Family Room, Great Room, Exercise Room, Jack & Jill, Living Room, Walk-In Pantry, Separate Family Room
  • Spa Features: In Ground, Private
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Hills, Panoramic, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Cabana, Covered, Lanai
  • Pool Features: In Ground, Private, Waterfall
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Number Remotes: 2
  • Parking: No
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Gas Cooking, Disposal, Ice Maker, Range, Cooktop, Trash Compactor, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen, Upper Level
  • Sewer: Sewer Paid
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Fullerton Joint Union High

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 63274.00
  • Lot Size Acres: 1.4530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 63274.0000 Square Feet

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Nov 12, 2012
Sold by
Burbank Investor Services
Bought by
Gao Yaqiang and Chen Ying Tao
Seller's Agent
Mike McKibben
Arbor Real Estate
Buyer's Agent
Mike McKibben
Arbor Real Estate
List Price
$2,199,000
Sold Price
$2,260,000
Premium/Discount to List
$61,000
2.77%
Current Estimated Value
$4,818,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,558,854
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Jul 6, 2012
Sold by
Krong Reggie H and Krong Christine V
Bought by
Burbank Investors Services

Purchase Details

Closed on
Dec 6, 2005
Sold by
1729 Ladera Vista Llc
Bought by
Krong Reggie H and Krong Christine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 8, 2004
Sold by
Poss Charles W and Poss Patricia L
Bought by
1729 Ladera Vista Llc

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
5.85%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2003
Sold by
Hartnett Patrick M and Hartnett Robin P
Bought by
Poss Charles W and Poss Patricia L
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
Gao Yaqiang $2,260,000 Lawyers Title Sd
Burbank Investors Services $2,700,000 First American Title Company
Krong Reggie H -- Alliance Title Company
1729 Ladera Vista Llc -- --
Poss Charles W -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Yaqiang $548,250
Closed Gao Yaqiang $685,000
Open Gao Yaqiang $1,262,000
Closed Gao Yaquiang $1,300,000
Previous Owner Krong Reggie H $2,775,000
Previous Owner Krong Reggie H $2,500,000
Previous Owner Ladera Vista Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $2,260,000 +2.8% $271 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $2,199,000 -- $263 / 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 $29,419 $2,783,025 $1,314,446 $1,468,579
2024 $29,419 $2,728,456 $1,288,672 $1,439,784
2023 $28,724 $2,674,957 $1,263,404 $1,411,553
2022 $28,567 $2,622,507 $1,238,631 $1,383,876
2021 $28,065 $2,571,086 $1,214,344 $1,356,742
2020 $27,920 $2,544,723 $1,201,892 $1,342,831
2019 $27,158 $2,494,827 $1,178,326 $1,316,501
2018 $26,745 $2,445,909 $1,155,221 $1,290,688
2017 $26,295 $2,397,950 $1,132,569 $1,265,381
2016 $25,737 $2,350,932 $1,110,362 $1,240,570
2015 $25,006 $2,315,619 $1,093,683 $1,221,936
2014 $24,273 $2,270,260 $1,072,260 $1,198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L40028

California Regional Multiple Listing Service (CRMLS)

APN: 285-201-13