NOT LISTED FOR SALE

227 Downs Rd Tustin, CA 92782

Estimated Value: $2,674,000 - $2,927,596

5 Beds
5 Baths
3,769 Sq Ft
$742/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $2,223,000 $590 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,201/month

6 Days on Market

Highlights

  • Attached Guest House
  • Heated Pool
  • Open Floorplan
  • Heritage Elementary Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of March 2022

Absolutely stunning home in the highly desirable Greenwood Community in Tustin Legacy. Sophisticated style and a neutral organic palette are juxtaposed with pops of color, pattern, and texture in the 5 bedrooms and 5 bathrooms and over 3700 sqft. Guests are greeted by a formal living area off of the entry with custom floor to ceiling built in cabinetry and plantation shutters. The downstairs living area features stylish concrete mantle and flows seamlessly to the dining area and kitchen with large island, allowing uninterrupted sight lines through the large sliding doors to the backyard with seating area and built in BBQ making entertaining or watching the kids a breeze. Off of the kitchen, a coffee bar with floating shelves of white oak and a walk in pantry provide for plenty of storage. A downstairs office area offers a built-in desk and a chalk wall. A guest bedroom rounds out the downstairs living. Upstairs features three bedrooms and a living area with built-ins and a covered patio. A casita above the garage is the perfect space for guests or private office. Custom flooring, Zelliege tile, Restoration Hardware fixtures, stainless steel appliances, custom coffee bar, as well as zoned HVAC, instant hot water, surround sound, and solar inverter make this home not only beautiful, but efficient, safe and sound, as well. The community offer resort-style amenities with heated pool, spa, full-size basketball court, bocce ball, sports court, fire pits and BBQ, play and picnic areas, as well as club house for larger gatherings. Located on an interior street, this home is sure to please even the most discerning stylistic eyes. Ideally located near shopping and restaurants at The District, minutes from all Orange County has to offer. Welcome Home!

Last Agent to Sell the Property

Carter Kaufman

Compass License #01968622 Listed on: 02/17/2022

Compass

Last Buyer's Agent

Sandra Luesse

The Oppenheim Group License #02110741

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,106

Year Built

  • Built in 2016

Lot Details

  • 5,309 Sq Ft Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Turnkey
  • Planned Development
  • Interior Block Wall

Interior Spaces

  • 3,769 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Wood Flooring
  • Park or Greenbelt Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Self-Cleaning Convection Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa

Location

  • Property is near a clubhouse
  • Property is near a park

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Attached Guest House

Listing and Financial Details

  • Tax Lot 197
  • Tax Tract Number 17507
  • Assessor Parcel Number 43041110
  • $7,369 per year additional tax assessments

Community Details

Overview

  • Greenwood Tustin Legacy Association, Phone Number (949) 367-9430

Amenities

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

Recreation

  • Sport Court
  • Bocce Ball Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,106

Year Built

Built in 2016

Lot Details

0

HOA Fees

$330 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Greenwood in Tustin Legacy
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43041110
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3769.00 Square Feet
  • Interior Amenities: Block Walls, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 589.81
  • Room Type: Family Room, Great Room, Guest/Maid's Quarters, Laundry, Master Suite, Walk-In Closet
  • Spa Features: Community
  • Window Features: Plantation Shutters
  • Bathroom Features: Double Sinks In Master Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers

Exterior Features

  • Other Structures: Guest House Attached
  • View: Park/Greenbelt
  • Pool Features: Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Bocce Ball Court, Sport Court, Clubhouse
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Greenwood Tustin Legacy
  • Phone: 949-367-9430
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Greenwood Tustin Legacy

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5309.00
  • Lot Size Acres: 0.1219

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5309.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.15
  • Tax Lot: 197
  • Tax Tract Number: 17507
  • TaxOtherAnnualAssessmentAmount: 7369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Feb 25, 2022
Sold by
Jones and Justine
Bought by
Gaikwad Sangram Krishna and Gaikwad Meghana Sangram
Seller's Agent
Carter Kaufman
Compass
Buyer's Agent
Sandra Luesse
The Oppenheim Group
List Price
$1,895,000
Sold Price
$2,223,000
Premium/Discount to List
$328,000
17.31%
Current Estimated Value
$2,795,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,149
Avg. Annual Appreciation
5.37%
Original Mortgage
$1,778,400
Outstanding Balance
$1,676,357
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$993,244

Purchase Details

Listed on
Oct 8, 2018
Closed on
Apr 10, 2019
Sold by
Kim Kyong Su and Kim Myong Kil
Bought by
Jones Patrick and Jones Justine
Seller's Agent
Bob Doorman
Newport Properties
Buyer's Agent
Carter Kaufman
Compass
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Original Mortgage
$1,120,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2016
Sold by
Calatlantic Group Inc
Bought by
Kim Anna J and Kim Kyong Su

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Gaikwad Sangram Krishna $2,223,000 Chicago Title
Jones Patrick $1,400,000 First American Title Company
Kim Anna J $1,269,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaikwad Sangram Krishna $1,778,400
Previous Owner Jones Patrick $1,120,000
Previous Owner Kim Anna J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $2,223,000 +17.3% $590 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,895,000 +35.4% $503 / Sq Ft
05/09/2019 05/09/19 Sold $1,400,000 -1.8% $371 / Sq Ft
04/08/2019 04/08/19 For Sale $1,425,000 +1.8% $378 / Sq Ft
04/02/2019 04/02/19 Off Market $1,400,000 -- --
03/28/2019 03/28/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $1,425,000 -4.9% $378 / Sq Ft
10/08/2018 10/08/18 For Sale $1,499,000 -- $398 / 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 $33,106 $2,359,065 $1,474,185 $884,880
2024 $33,106 $2,312,809 $1,445,279 $867,530
2023 $32,429 $2,267,460 $1,416,940 $850,520
2022 $23,236 $1,471,649 $653,153 $818,496
2021 $22,789 $1,442,794 $640,346 $802,448
2020 $22,610 $1,428,000 $633,780 $794,220
2019 $21,406 $1,346,566 $624,252 $722,314
2018 $21,196 $1,320,163 $612,012 $708,151
2017 $21,009 $1,294,278 $600,012 $694,266
2016 $7,989 $154,639 $154,639 $0
2015 $6,866 $152,317 $152,317 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22031847

California Regional Multiple Listing Service (CRMLS)

APN: 430-411-10