NOT LISTED FOR SALE

Estimated Value: $5,968,000 - $7,426,291

5 Beds
5.5 Baths
5,120 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold April 27, 2013

Last sale price $3,200,000 $625 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $40,713/month

13 Days on Market

Highlights

  • Lap Pool
  • Lake View
  • Balcony
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • Built-In Features

About This Home

As of April 2013

Located in the prestigious gated Fairway One enclave of Big Canyon. This European inspired villa features views of Big Canyon golf course and clubhouse. This 5,022 sq. ft. home has luxury living space with a grand two story foyer and gilded chandelier. Offering 5 bedrooms, 5 ½ baths this home features formal living and dining rooms, gourmet kitchen with Sub Zero refrigerators, wine refrigerator, and top of the line appliances. Large master suite with private balconies. The luxurious backyard features a pool and spa with sprawling views of the golf course.

Last Agent to Sell the Property

Lee Ann Canaday

RE/MAX Fine Homes License #00560041 Listed on: 04/10/2013

RE/MAX Fine Homes

Last Buyer's Agent

Lee Ann Canaday

RE/MAX Fine Homes License #00560041 Listed on: 04/10/2013

RE/MAX Fine Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,970

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Lake
  • City Lights
  • Golf Course

Interior Spaces

  • 5,120 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Fireplace With Gas Starter
  • Entryway
  • Separate Family Room
  • Dining Room
  • Library with Fireplace
  • Intercom

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Lap Pool
  • Balcony

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 10814
  • Assessor Parcel Number 44239107

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,970

Year Built

Built in 1986

Lot Details

0

HOA Fees

$595 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Big Canyon Fairway One (BCFO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44239107
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5120.00
  • Interior Amenities: Built-in Features, Balcony, Crown Molding, Intercom
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Gas Starter, Library
  • Levels: Two
  • Price Per Square Foot: 625.00
  • Room Type: Entry, Main Floor Bedroom, Walk-In Closet, Separate Family Room

Exterior Features

  • View: City Lights, Golf Course, Lake
  • Pool Features: Lap, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 595.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 14167.00
  • Lot Size Acres: 0.3250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14167.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 10814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2018
Sold by
Lerner Leonid and Lerner Zoya
Bought by
Lerner Leonid Edward and Lerner Zoya
Current Estimated Value
$6,703,922

Purchase Details

Listed on
Apr 10, 2013
Closed on
Mar 21, 2013
Sold by
Chapman University
Bought by
Lerner Leonid and Lerner Zoya
Seller's Agent
Lee Ann Canaday
RE/MAX Fine Homes
Buyer's Agent
Lee Ann Canaday
RE/MAX Fine Homes
List Price
$3,449,000
Sold Price
$3,200,000
Premium/Discount to List
-$249,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$2,560,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Musco Sebastian P and Musco Marybelle
Bought by
Chapman University

Purchase Details

Closed on
Feb 16, 2010
Sold by
Makarechian Hadi
Bought by
Musco Sebastian P and Musco Marybelle

Purchase Details

Closed on
Jan 18, 2008
Sold by
Makarechian Hadi
Bought by
Makarechian Hadi and Hadi Makarechian Trust

Purchase Details

Closed on
Nov 28, 2005
Sold by
Makarechian Hadi
Bought by
Makarechian Hadi and Makarechian Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Makarechian Hadi and Makarechian Barbara
Bought by
Makarechian Hadi and Makarechian Family Trust

Purchase Details

Closed on
Apr 28, 1998
Sold by
Lardas John A and Lardas Shirley
Bought by
Makarechian Hadi and Makarechian Barbara

Purchase Details

Closed on
Mar 18, 1994
Sold by
Lardas John A and Lardas Shirley R
Bought by
Lardas John A and Lardas Shirley

Purchase Details

Closed on
Jan 18, 1994
Sold by
Lardas John A and Lardas Shirley R
Bought by
Lardas John A and Lardas Shirley R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lerner Leonid Edward -- None Available
Lerner Leonid -- Fidelity National Title
Chapman University -- First American Title Ins Co
Musco Sebastian P $3,250,000 First American Title Company
Makarechian Hadi -- None Available
Makarechian Hadi -- None Available
Makarechian Hadi -- None Available
Makarechian Hadi -- First American Title Company
Makarechian Hadi -- First American Title Company
Makarechian Hadi -- --
Makarechian Hadi -- Guardian Title Company
Lardas John A -- --
Lardas John A -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerner Leonid Edward $1,000,000
Open Lerner Leonid $2,450,000
Closed Lerner Leonid $2,560,000
Previous Owner Makarechian Hadi $3,250,000
Previous Owner Makarechian Hadi $3,250,000
Previous Owner Makarechian Hadi $3,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2013 04/27/13 Sold $3,200,000 -7.2% $625 / Sq Ft
04/10/2013 04/10/13 For Sale $3,449,000 +7.8% $674 / Sq Ft
03/08/2013 03/08/13 Off Market $3,200,000 -- --
03/08/2013 03/08/13 For Sale $3,449,000 +7.8% $674 / Sq Ft
03/07/2013 03/07/13 Off Market $3,200,000 -- --
03/06/2013 03/06/13 For Sale $3,449,000 -- $674 / 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 $40,970 $3,940,567 $3,255,194 $685,373
2024 $40,970 $3,863,301 $3,191,366 $671,935
2023 $40,012 $3,787,550 $3,128,790 $658,760
2022 $39,350 $3,713,285 $3,067,441 $645,844
2021 $38,593 $3,640,476 $3,007,295 $633,181
2020 $38,222 $3,603,148 $2,976,459 $626,689
2019 $37,439 $3,532,499 $2,918,098 $614,401
2018 $36,749 $3,463,235 $2,860,881 $602,354
2017 $36,098 $3,395,329 $2,804,785 $590,544
2016 $35,285 $3,328,754 $2,749,789 $578,965
2015 $34,954 $3,278,754 $2,708,485 $570,269
2014 $34,130 $3,214,528 $2,655,429 $559,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13037695

California Regional Multiple Listing Service (CRMLS)

APN: 442-391-07