NOT LISTED FOR SALE

Estimated Value: $8,127,374 - $9,050,000

6 Beds
6.5 Baths
6,141 Sq Ft
$1,409/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $5,150,000 $839 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $51,275/month

4 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Primary Bedroom Suite
  • Vista Verde Rated A+
  • Cabana
  • Panoramic View

About This Home

As of January 2016

Behind the gates of The Summit in Turtle Ridge a truly a stunning home awaits. Located at the end of a cul-de-sac, on one of the community's largest lots, with views of sunrises, mountains, & city lights. This finely tuned residence offers six bedrooms, seven bathrooms, formal dining room and living room with fireplace, family room w/fireplace, a downtairs study that can easily be converted to a 7th bedroom, and a downstairs bedroom suite. The gourmet kitchen includes a Sub Zero Refrigerator, 6 burner range with griddle, Fisher Paykel dishwashers, granite countertops and custom backsplash. A temperature-controlled 300+ bottle wine closet and separate wine refrigerator in the butler's pantry will delight the most discerning oenophile. A separate catering kitchen offers extensive pantry space, dual refrigerators, freezers and downstairs laundry area. The Master Suite and retreat w/fireplace features views from every window and a master closet with island and crystal chandelier. The resort-style backyard features a swimming pool with slide, waterfalls, grotto, oversized spa, multi-sport, lined half court and a spacious cabana area complete w/outdoor kitchen, newer LED outdoor lighting, fireplace, and fire pit. Three-car tandem garage.

Last Agent to Sell the Property

Katie Machoskie

Compass License #01380037 Listed on: 12/23/2015

Compass

Last Buyer's Agent

Joele Romeo

Pacific Sotheby's Int'l Realty License #01878195

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 6,141 Sq Ft Home
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Pool

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.43
  • Tax Tract Number 15949
  • Assessor Parcel Number 47843411

Community Details

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$410 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: La Cima (LACM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47843411
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6141.00
  • Interior Amenities: Granite Counters, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 838.63
  • Room Type: Bonus Room, Den, Family Room, Formal Entry, Master Suite, Walk-In Pantry
  • Spa Features: Association, In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Cabana
  • Pool Features: Association, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Double Oven, Dishwasher, Disposal, Range Hood, Ice Maker, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse Paid, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18800.00
  • Price Per Lot Square Foot: 273.94
  • Lot Size Acres: 0.4320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18800.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Lot: 0.43
  • Tax Tract Number: 15949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jan 5, 2016
Sold by
Hayde Michael K and Khouri Laura A
Bought by
Wang Hao and Li Yan
Seller's Agent
Katie Machoskie
Compass
Buyer's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
List Price
$5,500,000
Sold Price
$5,150,000
Premium/Discount to List
-$350,000
-6.36%
Current Estimated Value
$8,652,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,502,125
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Hayde Michael K
Bought by
Hayde Michael K and Khouri Laura A

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 2, 2012
Sold by
Kwan Sydney Y and Kwan Ruth L
Bought by
Hayde Michael K and Hayde Family Trust
Seller's Agent
Ronnie Vaughan
Keller Williams Realty
Buyer's Agent
Katie Machoskie
Compass
List Price
$4,895,000
Sold Price
$4,200,000
Premium/Discount to List
-$695,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Kwan Sydney Y and Kwan Ruth L
Bought by
Kwan Sydney Y and Kwan Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,637,500
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Kwan Sydney Y and Kwan Ruth L
Bought by
Kwan Sydney Y and Kwan Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,637,500
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Kwan Sydney Y and Kwan Ruth L
Bought by
Kwan Sydney Y and Kwan Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2006
Sold by
Wl Homes Llc
Bought by
Kwan Sydney Y and Kwan Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,713,232
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Hao $5,150,000 First American Title Company
Hayde Michael K -- Accommodation
Hayde Michael K -- First American Title Company
Kwan Sydney Y -- Accommodation
Kwan Sydney Y -- Ticor Title Company Of Ca
Kwan Sydney Y -- Lawyers Title Company
Kwan Sydney Y -- Lawyers Title Company
Kwan Sydney Y $3,618,000 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayde Michael K $3,000,000
Previous Owner Kwan Sydney Y $3,637,500
Previous Owner Kwan Sydney Y $750,000
Previous Owner Kwan Sydney Y $2,713,232
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2016 01/28/16 Sold $5,150,000 -6.4% $839 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
12/23/2015 12/23/15 For Sale $5,500,000 +31.0% $896 / Sq Ft
06/15/2012 06/15/12 Sold $4,200,000 -8.5% $692 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
03/24/2012 03/24/12 Price Changed $4,590,000 -1.3% $756 / Sq Ft
02/25/2012 02/25/12 Price Changed $4,648,888 -5.0% $766 / Sq Ft
01/31/2012 01/31/12 For Sale $4,895,000 -- $806 / 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 $68,010 $6,096,556 $4,320,474 $1,776,082
2024 $68,010 $5,977,016 $4,235,759 $1,741,257
2023 $66,541 $5,859,820 $4,152,705 $1,707,115
2022 $60,818 $5,304,000 $3,679,997 $1,624,003
2021 $59,717 $5,200,000 $3,607,840 $1,592,160
2020 $63,414 $5,574,525 $3,950,522 $1,624,003
2019 $62,267 $5,465,221 $3,873,061 $1,592,160
2018 $61,133 $5,358,060 $3,797,118 $1,560,942
2017 $60,061 $5,253,000 $3,722,664 $1,530,336
2016 $51,742 $4,456,369 $2,953,409 $1,502,960
2015 $51,015 $4,389,431 $2,909,046 $1,480,385
2014 $50,389 $4,303,449 $2,852,062 $1,451,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15266293

California Regional Multiple Listing Service (CRMLS)

APN: 478-434-11