NOT LISTED FOR SALE

Estimated Value: $2,839,000 - $3,543,000

6 Beds
5 Baths
4,248 Sq Ft
$732/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $2,150,000 $506 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $19,347/month

12 Days on Market

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • Wood Flooring
  • Ladera Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of September 2021

Welcome to 2308 Pieper Lane, a Turn-Key Home Located in the 24-Hour Guard Gated Township Community in Tustin Ranch. This Immaculate Home Enjoys Six Bedrooms, Five Bathrooms (One Bedroom and Full Bathroom Located on the Main Floor), Bonus Room, Office Nook, and Custom Upgrades Throughout. Upon Entry, You are Greeted with Custom Marble Flooring, Soaring Ceilings, Ample Natural Light, and French Door Access to the Courtyard. The Gourmet Kitchen Showcases Stainless Steel Appliances, Built-In SubZero Refrigerator, Six Burner Stove, Large Island with Seating, and Pantry. The Kitchen Opens to the Family Room with Backyard Access, Built-In Cabinets, and Stone Fireplace. The Expansive Master Suite Has a Cozy Fireplace, Built-In Cabinets, Wet Bar, Dual Vanities, Walk-In Closet, Walk-In Shower, and Separate Tub. The Backyard is Designed for Entertaining with Lush Landscaping, Stone Patio, Stone Fireplace, Built-In BBQ, Grass Area, and Multiple Seating Areas. Three Car Garage with Built-In Cabinets and Additional Parking in the Porte-Cochere. Award Winning Tustin Unified Schools: Ladera Elementary, Pioneer Middle, and Beckman High. Close to Tustin Ranch Golf Course, Tustin/Irvine Marketplace, The District, and Hiking/Biking Trails at Peters Canyon Park. Easy Access to 5/55 Freeways and 241/261 Toll Roads. 2308 Pieper Lane is a Must See!

Last Listed By

John Katnik

Katnik Brothers R.E. Services License #01881694 Listed on: 08/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,401

Year Built

  • Built in 1999

Lot Details

  • 7,655 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 4,248 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Plantation Shutters
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 5 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Outdoor Grill

Schools

  • Ladera Elementary School
  • Pioneer Middle School
  • Beckman High School

Utilities

  • Central Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127156

Community Details

Overview

  • Madrid At Tustin Association, Phone Number (714) 692-1670
  • Lordon Management Association, Phone Number (626) 967-7921
  • Encore Property Management HOA
  • Madrid Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,401

Year Built

Built in 1999

Lot Details

0

HOA Fees

$164 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: KB SHOW PHONE
  • Other Phone Number: 714-853-5088
  • Property Attached: No
  • Security: Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127156
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4248.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Pantry, Recessed Lighting, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 506.12
  • Room Type: Bonus Room, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Plantation Shutters, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Tustin Ranch 3
  • Amenities: Guard
  • Association Fee: 75.00
  • Association #2 Fee: 89.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid at Tustin
  • Phone: 714-692-1670
  • Association Phone #2: 626-967-7921
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks
  • Association Management: Encore Property Management
  • Association Management 2: Lordon Management

Schools

  • School District: Tustin Unified
  • Elementary School: Ladera
  • Middle School: Pioneer
  • High School: Beckman
  • Elementary School: Ladera
  • High School: Beckman
  • Middle Or Junior School: Pioneer
  • Elementary School #2: LADERA
  • High School2: BECKMA

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7655.00
  • Lot Size Acres: 0.1757

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7655.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 23, 2021
Sold by
Kim Hyong Jun and Kim Jim Young
Bought by
Zhuang Guangbin and Ou Yan
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Amy Tan
B. WILLIAM REAL ESTATE
List Price
$2,150,000
Sold Price
$2,150,000
Total Days on Market
12
Current Estimated Value
$3,108,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,244
Avg. Annual Appreciation
9.34%
Original Mortgage
$1,720,000
Outstanding Balance
$1,586,740
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,383,938

Purchase Details

Closed on
Sep 1, 2010
Sold by
Tsao Sunny Tzuu Ling and Tsao Chu Cheng
Bought by
Kim Hyong Jun and Kim Jin Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2002
Sold by
Tsao Sunny Tzuu Ling
Bought by
Tsao Sunny Tzuu Ling and Tsao Chu Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.11%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Tsao Sunny Tzuu Ling and Tsao Tsu Wu
Bought by
Tsao Sunny Tzuu Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.11%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Wl Homes Llc
Bought by
Tsao Sunny Tzuu Ling and Tsao Tsu Wu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.62%

Range of Values:

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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
Zhuang Guangbin $2,150,000 First Amer Ttl Co Res Div
Kim Hyong Jun $1,292,500 Stewart Title Company
Tsao Sunny Tzuu Ling -- Investors Title Company
Tsao Sunny Tzuu Ling -- Investors Title Company
Tsao Sunny Tzuu Ling $698,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhuang Guangbin $1,720,000
Previous Owner Kim Hyoung J $100,000
Previous Owner Kim Hyong Jun $300,000
Previous Owner Kim Hyong Jun $592,500
Previous Owner Tsao Sunny Tzuu Ling $100,000
Previous Owner Tsao Sunny Tzuu Ling $100,000
Previous Owner Tsao Sunny Tzuu Ling $100,000
Previous Owner Tsao Sunny Tzuu Ling $200,000
Previous Owner Tsao Sunny Tzuu Ling $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $2,150,000 0.0% $506 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $2,150,000 -- $506 / 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
2024 $23,401 $2,236,860 $1,434,299 $802,561
2023 $22,870 $2,193,000 $1,406,175 $786,825
2022 $23,945 $2,150,000 $1,378,602 $771,398
2021 $17,575 $1,549,278 $806,840 $742,438
2020 $17,346 $1,533,393 $798,567 $734,826
2019 $17,010 $1,503,327 $782,909 $720,418
2018 $16,654 $1,473,850 $767,557 $706,293
2017 $16,203 $1,444,951 $752,506 $692,445
2016 $15,903 $1,416,619 $737,751 $678,868
2015 $15,717 $1,395,341 $726,670 $668,671
2014 $14,963 $1,315,555 $684,770 $630,785
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21157884

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-56