NOT LISTED FOR SALE

2251 Lichen Ln Tustin, CA 92780

Estimated Value: $821,000 - $1,017,000

3 Beds
2 Baths
1,234 Sq Ft
$721/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $706,000 $572 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,453/month

6 Days on Market

Highlights

  • In Ground Pool
  • Tennis Courts
  • Double Pane Windows
  • Corner Lot
  • Covered Patio or Porch
  • Bathtub

About This Home

As of September 2022

Hard-to-find Single-Story Corner Property in the sought-after Laurelwood Community in Tustin. These are zoned as Single Family Units in a well-planned-out community. The 1234 sq. ft. property features 3 Bedrooms, 1.75 Baths, a Dbl Closet in the Master Bedroom with Mirrored Wardrobe doors, and Closet Organizers in the second and third Bedrooms. All rooms have Ceiling Fans and A/C for those hot summer nights. Just outside the Slider Doors, this unit features a Lattice-covered Concrete Back Patio situated on a 2331 sq ft lot area with a side gate, and an additional Storage Unit. This property has two assigned Carport Parking Spots right outside the pathway to the front door for easy access. At Laurelwood it’s not just about a home, it’s about a resort lifestyle. Laurelwood Park features a large gated pool with loungers and tables to hang out at on the weekends, a Tot-Lot Playground with a shaded slide area and lots of fun features for the kids, and two Basketball Courts, two Tennis Courts, Picnic Tables all situated in a beautiful park-like setting. There is also an RV Parking area available for an additional cost. Close to shopping, restaurants, and easy freeway access, this is one you don’t want to miss.

Last Agent to Sell the Property

Breanda Ferraro

Compass Real Estate Group License #01361180 Listed on: 08/15/2022

Compass Real Estate Group

Co-Listed By

Rebecca Baker

First Team Real Estate License #01809683

Last Buyer's Agent

Dana Canfield

Redfin License #01865861

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 2,331 Sq Ft Lot
  • Property fronts an alley
  • Northeast Facing Home
  • Wood Fence
  • Fence is in average condition
  • Corner Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Planned Development
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Living Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Tustin High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 8031
  • Assessor Parcel Number 43248422
  • $74 per year additional tax assessments

Community Details

Overview

  • Laurelwood HOA, Phone Number (714) 508-9070
  • The Management Trust HOA
  • Built by The Irvine Company
  • Laurelwood Patio Homes Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

HOA Fees

$157 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Laurelwood Patio Homes (LPH)
  • View: No
  • Zoning: R1
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43248422
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 572.12
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Builder Name: The Irvine Company
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Metal
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Association Fee: 157.00
  • Association Fee Frequency: Monthly
  • Association Name: Laurelwood HOA
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park
  • Association Management: The Management Trust

Schools

  • High School: Tustin
  • High School2: TUSTIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level
  • Lot Size: 2331
  • Lot Size Sq Ft: 2331.00
  • Lot Size Acres: 0.0535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2331.0000 Square Feet
  • Number Of Units In Community: 522
  • Number Of Units Total: 278

Tax Info

  • Tax Census Tract: 525.02
  • Tax Lot: 22
  • Tax Tract Number: 8031
  • TaxOtherAnnualAssessmentAmount: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Aug 26, 2022
Sold by
Irene Puente Sally
Bought by
Puente George
Seller's Agent
Breanda Ferraro
Compass Real Estate Group
Buyer's Agent
Dana Canfield
Redfin
List Price
$680,000
Sold Price
$706,000
Premium/Discount to List
$26,000
3.82%
Views
52
Current Estimated Value
$889,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,327
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Aug 15, 2022
Closed on
Aug 23, 2022
Sold by
Doran And Susan Machin Revocable Trust
Bought by
Bradshaw Nick and Bradshaw Jenna
Seller's Agent
Breanda Ferraro
Compass Real Estate Group
Buyer's Agent
Dana Canfield
Redfin
List Price
$680,000
Sold Price
$706,000
Premium/Discount to List
$26,000
3.82%
Views
52

Purchase Details

Closed on
Apr 3, 2014
Sold by
Martin Wesley C and Martin Susan C
Bought by
Machin Dorna G and Machin Susan M

Purchase Details

Closed on
Jul 7, 2003
Sold by
Wang Yeou Fang and Wang Shin Ywan
Bought by
Martin Wesley C and Martin Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puente George -- --
Bradshaw Nick $706,000 --
Machin Dorna G $400,000 Wfg Title Company
Martin Wesley C $320,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Wesley C $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $706,000 +3.8% $572 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $680,000 0.0% $551 / Sq Ft
08/14/2022 08/14/22 Price Changed $680,000 +70.0% $551 / Sq Ft
06/10/2014 06/10/14 Sold $400,000 0.0% $324 / Sq Ft View Prior Sale
01/25/2014 01/25/14 For Sale $399,999 -- $324 / 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 $7,810 $734,522 $639,845 $94,677
2024 $7,810 $720,120 $627,299 $92,821
2023 $7,639 $706,000 $614,999 $91,001
2022 $5,020 $462,056 $369,717 $92,339
2021 $4,915 $452,997 $362,468 $90,529
2020 $4,891 $448,353 $358,752 $89,601
2019 $4,764 $439,562 $351,717 $87,845
2018 $4,684 $430,944 $344,821 $86,123
2017 $4,600 $422,495 $338,060 $84,435
2016 $4,515 $414,211 $331,431 $82,780
2015 $4,477 $407,990 $326,453 $81,537
2014 $3,717 $348,016 $274,698 $73,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22174034

California Regional Multiple Listing Service (CRMLS)

APN: 432-484-22