NOT LISTED FOR SALE

Estimated Value: $3,726,000 - $4,702,000

5 Beds
4.5 Baths
3,184 Sq Ft
$1,310/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $2,225,000 $699 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $26,005/month

99 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Primary Bedroom Suite
  • Vista Verde Rated A+
  • In Ground Pool
  • City Lights View

About This Home

As of March 2020

Timeless elegance and modern practicality blend together to create a truly transitional living experience at 20 Arcade. Situated at the corner of a private cul-de-sac, this newly remodeled home features approximately 3,186 sqft of living space completed by 5 bedrooms, 4.5 bathrooms, as well as a private master retreat. A large, wraparound backyard provides complete privacy on all but one side and makes the lot feel much bigger. Upon entry, one is immediately entranced by spectacular city views. Accompanying the views is an abundance of natural light complemented by an open floorplan that seamlessly transitions between the kitchen, family room, and outdoor space. White quartz countertops, Carrera marble backsplash, and gold hardware bring a vibrant, modern aesthetic that is highly sought after yet rarely found in Turtle Ridge. An additional bonus room (not counted in the square footage) affords one the opportunity to create their very own gym, office, or creative space. The upper level is highlighted by 4 generously sized bedrooms and one-of-a-kind custom hardwood flooring. Immediate proximity to world renowned schools and luxurious shopping complete this dream home. $100K worth of upgrades done in 2018 including kitchen renovation, installation of hardwood floors, whole house water filtration and softener system, new water tank, drapery, dishwasher, shades, paint and much more.

Last Listed By

Kooksun Lee

Together Realty License #01234818 Listed on: 10/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,800

Year Built

  • Built in 2002

Lot Details

  • 6,336 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 3,184 Sq Ft Home
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den

Kitchen

  • Updated Kitchen
  • Quartz Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • In Ground Pool
  • Fire Pit
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Vista Verde Elementary And Middle School
  • University High School

Utilities

  • Central Air
  • Private Sewer

Listing and Financial Details

  • Tax Lot 362
  • Tax Tract Number 16312
  • Assessor Parcel Number 47832127

Community Details

Overview

  • Summit At Turtlr Ridge Association, Phone Number (949) 450-0202
  • Summit HOA
  • Valley

Amenities

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

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,800

Year Built

Built in 2002

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer and Dryer
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Fiore (FIOR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47832127
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3184.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Retreat, Gas, Gas Starter, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 698.81
  • Room Type: Den, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Retreat, Separate Family Room
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Canyon, City Lights, Mountain(s)
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Hiking Trails, Gym/Ex Room, Clubhouse, Pets Permitted, Management, Guard, Controlled Access
  • Association Fee: 478.00
  • Association Fee Frequency: Monthly
  • Association Name: Summit at Turtlr Ridge
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Sidewalks, Street Lights, Suburban, Valley
  • Association Management: Summit

Schools

  • School District: Irvine Unified
  • Elementary School: Vista Verde
  • Middle School: Vista Verde
  • High School: University
  • Elementary School: Vista Verde
  • High School: University
  • Middle Or Junior School: Vista Verde
  • Elementary School #2: VISVER
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6336.00
  • Lot Size Acres: 0.1455
  • Latitude Manual: 33.62844100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6336.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 362
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Feb 21, 2020
Sold by
Lee Sung Won and Lee Mi Aee
Bought by
Molander Claes Johan and Molander Jessica Nicole
Seller's Agent
Kooksun Lee
Together Realty
Buyer's Agent
TJ Romano
Real Broker
List Price
$2,398,000
Sold Price
$2,225,000
Premium/Discount to List
-$173,000
-7.21%
Total Days on Market
99
Current Estimated Value
$4,171,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,946,451
Avg. Annual Appreciation
12.90%
Original Mortgage
$1,750,000
Outstanding Balance
$1,569,142
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,602,309

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 11, 2019
Sold by
Lee Gil Jae
Bought by
Lee Sung Won and Lee Mi Aee
Seller's Agent
Kooksun Lee
Together Realty
Buyer's Agent
Kooksun Lee
Together Realty
List Price
$2,400,000
Sold Price
$2,355,000
Premium/Discount to List
-$45,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.88%
Original Mortgage
$1,255,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 21, 2019
Closed on
Aug 23, 2019
Sold by
Lee Jae Bok
Bought by
Lee Mi Aee
Seller's Agent
Kooksun Lee
Together Realty
Buyer's Agent
Kooksun Lee
Together Realty
List Price
$2,400,000
Sold Price
$2,355,000
Premium/Discount to List
-$45,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 29, 2018
Closed on
Oct 12, 2018
Sold by
Sung Yullhee
Bought by
Lee Gil Jae
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Kooksun Lee
Together Realty
List Price
$2,385,000
Sold Price
$2,290,000
Premium/Discount to List
-$95,000
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 10, 2018
Sold by
Sharma Sanjay and Sharma Neena
Bought by
Lee Gil Jae
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Kooksun Lee
Together Realty
List Price
$2,385,000
Sold Price
$2,290,000
Premium/Discount to List
-$95,000
-3.98%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Sharma Sanjay and Sharma Neena
Bought by
Sharma Sanjay and Sharma Neena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2007
Sold by
Taat Banoo
Bought by
Sharma Senjay and Sharma Neena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2005
Sold by
Pardee Homes
Bought by
Taat Banoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

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
Molander Claes Johan $2,225,000 California Title Company
Lee Sung Won $2,355,000 California Title Company
Lee Sung Won -- California Title Company
Lee Mi Aee -- California Title Company
Lee Gil Jae -- None Available
Lee Gil Jae $2,290,000 Stewart Title
Sharma Sanjay -- Stewart Title Of Ca Inc
Sharma Senjay $1,949,000 New Century Title Company
Taat Banoo $1,525,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molander Family 2013 Trust $650,000
Closed Molander Family 2013 Trust $590,000
Open Molander Claes Johan $1,750,000
Previous Owner Lee Sung Won $1,255,000
Previous Owner Sharma Sanjay $1,597,500
Previous Owner Sharma Sanjay $102,500
Previous Owner Sharma Sanjay $1,640,000
Previous Owner Sharma Sanjay $350,000
Previous Owner Sharma Senjay $1,461,750
Previous Owner Taat Banoo $250,000
Previous Owner Taat Banoo $828,892
Previous Owner Taat Banoo $200,000
Previous Owner Taat Banoo $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $2,225,000 -3.2% $699 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $2,298,800 -2.9% $722 / Sq Ft
11/01/2019 11/01/19 Price Changed $2,368,000 -1.3% $744 / Sq Ft
10/19/2019 10/19/19 For Sale $2,398,000 +1.8% $753 / Sq Ft
10/15/2019 10/15/19 Sold $2,355,000 -1.9% $740 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $2,400,000 +4.8% $754 / Sq Ft
08/17/2018 08/17/18 Sold $2,290,000 -4.0% $719 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $2,385,000 -- $749 / 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
2024 $28,800 $2,385,649 $1,712,320 $673,329
2023 $28,254 $2,338,872 $1,678,745 $660,127
2022 $27,725 $2,293,012 $1,645,828 $647,184
2021 $27,285 $2,248,051 $1,613,556 $634,495
2020 $28,360 $2,355,000 $1,711,903 $643,097
2019 $27,694 $2,290,000 $1,720,498 $569,502
2018 $25,304 $2,061,000 $1,475,724 $585,276
2017 $23,607 $1,900,000 $1,314,724 $585,276
2016 $23,577 $1,900,000 $1,314,724 $585,276
2015 $23,476 $1,900,000 $1,314,724 $585,276
2014 $21,847 $1,709,000 $1,123,724 $585,276
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19244046

California Regional Multiple Listing Service (CRMLS)

APN: 478-321-27