NOT LISTED FOR SALE

22 Preston Place Tustin, CA 92782

Estimated Value: $2,301,000 - $2,577,000

4 Beds
3 Baths
3,086 Sq Ft
$799/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,950,000 $632 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $16,146/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Loft
  • Heritage Elementary Rated A
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of July 2022

Nestled in the prestigious friendly and quiet community of Greenwood in Tustin Legacy, this exquisite Crawford built residence by CalAtlantic in 2017 is every family's modern dream home. The front entrance welcomes you with a beautifully landscaped front yard and covered porch. As you enter the main floor through a tall mahogany wood door, the home features high ceiling, engineered wood floors throughout the first floor with a bedroom or office, and a full bathroom right next to it. As you continue through the open concept living area surrounding the dining room and family room, the elegant kitchen features KitchenAid stainless steel appliances and extensive amount of soft close pearl white bult-in wood cabinets which allows plenty room of storage. There is a kitchen office nook, large walk-in pantry, and access to a private 3 car garage. The modern light fixtures above the granite island countertop, white tiled back splash, the multitude amount of recessed lighting throughout the entire home brightens up the home beautifully. The massive sliding glass door opens up to a California room and spacious backyard with minimal upkeep to entertain family and guests. As you head upstairs, the second floor features a grand loft family area that can possibly be converted to a 5th bedroom. The entire home has large sized dual-paned windows for lots of sunlight, white wood shutters, and built-in surround sound in-ceiling speakers perfect for a movie night! The upper level also has the primary grand master bedroom suite with double vanity, oversized shower, and 2 walk-in closets. Down the hall there are 2 other bedrooms that share another double vanity and a separate laundry room conveniently made for the family. One bedroom has a long private balcony overlooking the neighborhood. The Greenwood community offers homeowners many amenities including a 6 acre park with amphitheater, swimming pool and spa, fire pits and BBQs, full-size basketball courts, a clubhouse, trails to run and bike, interactive water play area for the kids, and many more. Not to also mention the home is located within the enrollment area for the esteemed Legacy Magnet Academy. Enjoy this beautiful home conveniently close in proximity to the John Wayne Airport, top rated schools, major freeways, and shopping, dining, and entertainment at the District. Don't miss out on this one-of-a-kind newer home in the heart of a heavily sought out Greenwood community which you could call your own. Welcome home.

Last Agent to Sell the Property

Michael Sun

Universal Elite Realty License #01971400 Listed on: 05/30/2022

Last Buyer's Agent

Greg Blake

Coldwell Banker Realty License #01227057

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,549

Year Built

  • Built in 2017

Lot Details

  • 5,400 Sq Ft Lot
  • Back Yard
  • Density is 11-15 Units/Acre

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Three Garage Doors

Interior Spaces

  • 3,086 Sq Ft Home
  • Family Room
  • Living Room
  • Home Office
  • Loft
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Separate Shower

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 251
  • Tax Tract Number 17509
  • Assessor Parcel Number 43043124
  • $6,000 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Greenwood In Tustin Legacy Association, Phone Number (949) 218-9970
  • Pmp Property Management HOA
  • Built by CalAtlantic

Amenities

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

Recreation

  • Sport Court
  • Bocce Ball Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Jogging Track
  • Bike Trail

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,549

Year Built

Built in 2017

Lot Details

0

HOA Fees

$330 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Crawford
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43043124
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3086.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 631.89
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Separate Tub And Shower, Walk-In Shower

Exterior Features

  • View: Neighborhood
  • Builder Name: CalAtlantic
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage - Three Door, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Bocce Ball Court, Sport Court, Biking Trails, Hiking Trails, Jogging Track, Clubhouse, Call for Rules, Management, Maintenance Front Yard
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Greenwood in Tustin Legacy
  • Phone: 949-218-9970
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks
  • Association Management: PMP Property Management

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Back Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units In Community: 375
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 251
  • Tax Tract Number: 17509
  • TaxOtherAnnualAssessmentAmount: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jun 16, 2022
Sold by
Cheng and Carrie
Bought by
Richard Zachary and Falmagne Sophia
Seller's Agent
Michael Sun
Universal Elite Realty
Buyer's Agent
Greg Blake
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$2,466,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,186
Avg. Annual Appreciation
6.29%
Original Mortgage
$1,237,000
Outstanding Balance
$1,178,673
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,181,339

Purchase Details

Listed on
Aug 20, 2019
Closed on
Aug 29, 2019
Sold by
Du Chuanztie and Zhang Siyun
Bought by
Cheng Jeremiah and Cheng Carrie
Seller's Agent
LIANMING XIONG
MF Realty
Buyer's Agent
LIANMING XIONG
MF Realty
List Price
$1,299,000
Sold Price
$1,290,000
Premium/Discount to List
-$9,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$1,032,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2017
Sold by
Calatlantic Group Inc
Bought by
Du Chuanzhe and Zhang Siyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2016
Sold by
Calatlantic Group Inc
Bought by
Greenwood In Tustin Legacy Maint
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richard Zachary $1,950,000 Wfg National Title
Cheng Jeremiah $1,290,000 Wfg Title Company
Du Chuanzhe $309,878 First American Title Hsd
Greenwood In Tustin Legacy Maint -- First American Title Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Zachary $1,237,000
Closed Cheng Jeremiah $250,000
Previous Owner Cheng Jeremiah $1,032,000
Previous Owner Cheng Jeremiah $1,032,000
Previous Owner Du Chuanzhe $728,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $1,950,000 0.0% $632 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $1,950,000 +51.2% $632 / Sq Ft
10/23/2019 10/23/19 Sold $1,290,000 0.0% $418 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
08/28/2019 08/28/19 Off Market $1,290,000 -- --
08/28/2019 08/28/19 For Sale $1,299,000 +0.7% $421 / Sq Ft
08/27/2019 08/27/19 Off Market $1,290,000 -- --
08/20/2019 08/20/19 For Sale $1,299,000 -- $421 / 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 $28,549 $2,028,780 $1,260,358 $768,422
2024 $28,549 $1,989,000 $1,235,645 $753,355
2023 $27,959 $1,950,000 $1,211,416 $738,584
2022 $21,231 $1,329,431 $638,931 $690,500
2021 $20,804 $1,303,364 $626,403 $676,961
2020 $20,622 $1,290,000 $619,980 $670,020
2019 $19,093 $1,177,908 $586,361 $591,547
2018 $18,911 $1,154,812 $574,863 $579,949
2017 $7,563 $157,730 $157,730 $0
2016 $6,160 $154,638 $154,638 $0
2015 $6,889 $152,316 $152,316 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22114823

California Regional Multiple Listing Service (CRMLS)

APN: 430-431-24