NOT LISTED FOR SALE

Estimated Value: $2,689,000 - $3,136,000

5 Beds
4 Baths
3,700 Sq Ft
$776/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $1,250,000 $338 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $16,134/month

21 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Spa
  • Open Floorplan
  • Ladera Elementary School Rated A
  • Primary Bedroom Suite
  • Mediterranean Architecture

About This Home

As of March 2013

Beautifully situated in the private guard-gated community of Madrid rests this exceptional Spanish villa home with impressive custom appointments both inside and out. The dramatic entry features voluminous ceilings, natural stone floors, arched doorways, wrought iron accents and is centered between the formal living and dining rooms, giving the home a wonderful sense of entrance and presence. The spacious family room with fireplace and the gourmet dream kitchen are perfect for entertaining family and friends. The outdoor living area boasts an expansive stone paver patio, firepit, rock fountain spa, and a built-in barbecue. The handsome study with double French doors offers a built-in wall unit design with a Murphy bed. Upstairs enjoy the master suite with fireplace and beautifully appointed master bath, three secondary ensuite bedrooms and a teen entertaining room. Downstairs Bedroom converted to office with built-in Murphy bed and custom curved double doors overlooking family room

Last Agent to Sell the Property

Dean O'Dell

Seven Gables Real Estate License #01060767 Listed on: 01/14/2013

Seven Gables Real Estate

Co-Listed By

Sarah O'Dell

Seven Gables Real Estate License #00646527

Last Buyer's Agent

Todd and Chi Hye Williams

Firstline Mobility Inc. License #00884460

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 7,132 Sq Ft Lot

HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,700 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • In Ground Spa
  • Stone Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127168

Community Details

Overview

  • Association Phone (714) 692-1670
  • Built by John Laing Homes

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$165 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Madrid
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127168
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00
  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Fire Pit
  • Levels: Two
  • Price Per Square Foot: 337.84
  • Room Type: Bonus Room, Family Room, Living Room, Master Suite, Walk-In Pantry
  • Spa Features: In Ground
  • Window Features: Double Pane Windows, Plantation Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: No
  • Builder Name: John Laing Homes
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 85.00
  • Association #2 Fee: 80.00
  • Association Fee Frequency: Monthly
  • Phone: 714.692.1670
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 7132.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7132.0000 Square Feet

Tax Info

  • Tax Lot: 67
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2017
Sold by
Mensah Eugene A and Mensah Althea
Bought by
Mensah Eugene A and Mensah Althea N
Current Estimated Value
$2,803,497

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 5, 2013
Sold by
Zambon Scott
Bought by
Mensah Eugene A and Mensah Althea
Seller's Agent
Dean O'Dell
Seven Gables Real Estate
Buyer's Agent
Todd and Chi Hye Williams
Firstline Mobility Inc.
List Price
$1,349,000
Sold Price
$1,250,000
Premium/Discount to List
-$99,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$937,500
Outstanding Balance
$657,783
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$2,212,639

Purchase Details

Closed on
Feb 26, 2002
Sold by
Zambon Shawn
Bought by
Zambon Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Minami Takaaki and Minami Kimiko
Bought by
Zambon Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Wl Homes Llc
Bought by
Minami Takaaki and Minami Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,650
Interest Rate
7.56%
Mortgage Type
Stand Alone First
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
Mensah Eugene A -- None Available
Mensah Eugene A $1,250,000 Fidelity National Title Oran
Zambon Scott -- Orange Coast Title
Zambon Scott $820,000 Orange Coast Title
Minami Takaaki $668,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mensah Eugene A $937,500
Previous Owner Zambon Scott $650,000
Previous Owner Minami Takaaki $466,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2013 03/20/13 Sold $1,250,000 -3.5% $338 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
02/04/2013 02/04/13 Price Changed $1,295,000 -4.0% $350 / Sq Ft
01/14/2013 01/14/13 For Sale $1,349,000 -- $365 / 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 $15,723 $1,539,279 $865,314 $673,965
2024 $15,723 $1,509,098 $848,348 $660,750
2023 $15,364 $1,479,508 $831,713 $647,795
2022 $16,573 $1,450,499 $815,405 $635,094
2021 $16,205 $1,422,058 $799,416 $622,642
2020 $15,989 $1,407,477 $791,219 $616,258
2019 $15,679 $1,379,880 $775,705 $604,175
2018 $15,346 $1,352,824 $760,495 $592,329
2017 $14,923 $1,326,299 $745,584 $580,715
2016 $25,793 $1,300,294 $730,965 $569,329
2015 $25,633 $1,280,763 $719,985 $560,778
2014 $14,288 $1,255,675 $705,881 $549,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P845772

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-68