NOT LISTED FOR SALE

Estimated Value: $2,268,285 - $2,374,000

3 Beds
2.5 Baths
2,628 Sq Ft
$889/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $2,200,000 $837 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,482/month

34 Days on Market

Highlights

  • Gated with Attendant
  • Fireplace in Primary Bedroom
  • Granite Countertops
  • Ladera Elementary School Rated A
  • Retreat
  • Breakfast Area or Nook

About This Home

As of May 2024

Located in the prestigious 24-hour guard gated community of Madrid in Tustin Ranch. This beautiful single story home offers an open floor plan with high ceilings, and designer travertine flooring. Master suite showcases a luxurious retreat and double sided fireplace with access to back yard patio. French doors leading to Great outdoor entertainment patio with built in Viking BBQ. Gourmet Kitchen with granite counters, wine refrigerator, double Fisher & Paykel dishwashers, Viking range & Kitchenaid refrigerator. Utility room with mud sink, and a nice backyard with professional landscaping. Three car garage. Award winning Schools. Across from Tustin Ranch Golf Club. Close to Freeways and Shopping Centers.

Last Agent to Sell the Property

Shala Emdadi

Real Estate Legends USA License #01280110 Listed on: 04/07/2024

Real Estate Legends USA

Last Buyer's Agent

Kalvin Feng

Keller Williams Realty Irvine License #02116222

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 7,278 Sq Ft Lot
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom

Schools

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

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127139
  • $310 per year additional tax assessments

Community Details

Overview

  • Tustin Ranch Community III Association, Phone Number (714) 508-9070
  • Madrid Association, Phone Number (714) 692-1670
  • Trc III HOA
  • Madrid Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$213 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Attendant, Gated Community
  • Subdivision Name Other: Madrid (MADR)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127139
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2628.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 837.14
  • Room Type: All Bedrooms Down, Retreat
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Madrid
  • Association Fee: 133.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Ranch community III
  • Phone: 714-508-9070
  • Association Phone #2: 714-692-1670
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: TRC III

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7278.00
  • Lot Size Acres: 0.1671

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7278.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.06
  • Tax Lot: 21
  • Tax Tract Number: 15420
  • TaxOtherAnnualAssessmentAmount: 310.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 21, 2024
Sold by
Ghanouni Kathy Jam and Jam Kiarash
Bought by
Lim Christopher and Winn Vivian
Seller's Agent
Shala Emdadi
Real Estate Legends USA
Buyer's Agent
Kalvin Feng
Keller Williams Realty Irvine
List Price
$2,200,000
Sold Price
$2,200,000
Views
102
Current Estimated Value
$2,361,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,262
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,760,000
Outstanding Balance
$1,731,747
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$603,574

Purchase Details

Closed on
Mar 21, 2024
Sold by
Jam Family Trust and Jam Kiarash
Bought by
Ghanouni Kathy Jam and Jam Kiarash

Purchase Details

Closed on
Feb 4, 2013
Sold by
Jam Mehdi and Pourmand Fereshteh
Bought by
Jam Mehdi and Jam Fereshteh Pourmand

Purchase Details

Listed on
Nov 12, 2011
Closed on
Aug 27, 2012
Sold by
Custer Lisa and Mccarville Daniel R
Bought by
Jam Mehdi and Jam Fereshteh
Seller's Agent
Suzanne Warshauer
First Team Real Estate
Buyer's Agent
Shala Emdadi
Real Estate Legends USA
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$625,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2010
Sold by
Custer Lisa and Mccarville Daniel R
Bought by
Custer Lisa and Mccarville Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1999
Sold by
Co Wl Homes Llc and Db John Laing Homes California
Bought by
Custer Lisa and Mccarville Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,550
Interest Rate
7.82%
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
Lim Christopher $2,200,000 Pacific Coast Title
Jam Kiarash -- Pacific Coast Title
Ghanonni Kathy Jam -- Pacific Coast Title
Ghanouni Kathy Jam -- None Listed On Document
Jam Mehdi -- None Available
Jam Mehdi -- None Available
Jam Mehdi $960,000 Ticor Title Company
Custer Lisa -- First American Title Company
Custer Lisa $529,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Christopher $1,760,000
Previous Owner Jam Mehdi $625,000
Previous Owner Custer Lisa $294,000
Previous Owner Custer Lisa $370,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $2,200,000 0.0% $837 / Sq Ft
04/07/2024 04/07/24 For Sale $2,200,000 +129.2% $837 / Sq Ft
09/19/2012 09/19/12 Sold $960,000 -6.8% $369 / Sq Ft View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
04/26/2012 04/26/12 Price Changed $1,030,000 -3.3% $396 / Sq Ft
03/23/2012 03/23/12 Price Changed $1,065,000 -3.2% $410 / Sq Ft
11/12/2011 11/12/11 For Sale $1,100,000 -- $423 / 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 $12,098 $2,244,000 $1,653,104 $590,896
2024 $12,098 $1,158,985 $690,218 $468,767
2023 $11,822 $1,136,260 $676,684 $459,576
2022 $13,093 $1,113,981 $663,416 $450,565
2021 $12,801 $1,092,139 $650,408 $441,731
2020 $12,619 $1,080,941 $643,739 $437,202
2019 $12,375 $1,059,747 $631,117 $428,630
2018 $12,107 $1,038,968 $618,742 $420,226
2017 $11,753 $1,018,597 $606,610 $411,987
2016 $11,539 $998,625 $594,716 $403,909
2015 $11,414 $983,625 $585,783 $397,842
2014 $11,287 $964,358 $574,309 $390,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24061432

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-39