NOT LISTED FOR SALE

2355 Portrait Way Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $4,931,000 - $6,027,000

5 Beds
6 Baths
4,879 Sq Ft
$1,122/Sq Ft Est. Value

About This Home

This luxury estate of 5 bedrooms and 5.5 bathrooms, offers approximately 5000 sqft. of living space, in the highly desirable Tustin Ranch Estates gated community. Looking from outside, the house has gorgeous curb appeal and has garages for 5-cars. After entering the house, you will immediately get attracted to the gorgeous living & dining rooms. Travertine floors with granite inserts, wide baseboards, crown moldings, and fireplace with granite surround. The gourmet kitchen is spacious and airy. Center prep island with sink, granite counters, rich maple cabinetry, snack bars, and walk-in pantry. Main floor has a family room with fireplace, an office/den with glass doors and power room, a laundry room with sink and cabinet, and a guest room with private bath. French doors to courtyard with Spanish tile, gas fire pit and fountain. The lot is approximately 20,000 sqft. The private entertainer’s back yard has lush tropical landscaping, salt water pool, spa, and BBQ island. The staircase to second floor has beautiful S-scroll metal railings and neutral carpet. Luxurious second floor master suite has hardwood flooring, French doors, balcony with mountain views, private den/office + retreat, bath with travertine floors, separate vanities, huge wrap around closet with organizers. Hallway with build-in desk and cabinets. 3 guest bedrooms en-suite with balconies. Great location, walking distance to school & parks. Shopping, dining, theaters, hiking/biking trails all nearby.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2007
Sold by
Trang Trong
Bought by
Wang Zhi Jie
Current Estimated Value
$5,476,186

Purchase Details

Closed on
Oct 9, 2007
Sold by
Bilek Pamela
Bought by
Wang Zhi Jie

Purchase Details

Closed on
Apr 19, 2007
Sold by
Bilek Pamela J
Bought by
Bilek Pamela and Pamela Bilek Family Trust

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bilek Mike Alexander
Bought by
Bilek Pamela J

Purchase Details

Closed on
Jun 13, 2006
Sold by
Bilek Pamela J
Bought by
Bilek Mike Alexander

Purchase Details

Closed on
Jan 26, 2004
Sold by
Schmidt Jeffrey and Badua Renee
Bought by
Schmidt Jeffrey and Badua Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
4.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2003
Sold by
Schmidt Jeffrey and Badua Renee
Bought by
Schmidt Jeffrey and Badua Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2002
Sold by
Standard Pacific Corp
Bought by
Schmidt Jeffrey and Badua Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Wang Zhi Jie -- Financial Title Co San Berna
Wang Zhi Jie $3,295,000 Financial Title Co San Berna
Bilek Pamela -- None Available
Bilek Pamela J -- None Available
Bilek Mike Alexander -- Chicago Title Co
Bilek Mike Alexander $3,000,000 Chicago Title Co
Schmidt Jeffrey -- --
Schmidt Jeffrey -- Commonwealth Land Title
Schmidt Jeffrey $1,432,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Jeffrey $1,500,000
Previous Owner Schmidt Jeffrey $100,000
Previous Owner Schmidt Jeffrey $46,900
Previous Owner Schmidt Jeffrey $1,430,000
Previous Owner Schmidt Jeffrey $300,000
Previous Owner Schmidt Jeffrey $999,950
Closed Schmidt Jeffrey $214,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Rented $12,000 -14.3% --
05/03/2024 05/03/24 Under Contract -- -- --
04/09/2024 04/09/24 Price Changed $14,000 -6.7% $3 / Sq Ft
03/20/2024 03/20/24 For Rent $15,000 +36.4% --
03/13/2020 03/13/20 Rented $11,000 -8.3% --
01/16/2020 01/16/20 For Rent $12,000 +9.1% --
09/11/2018 09/11/18 Rented $11,000 -8.3% --
09/06/2018 09/06/18 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $12,000 -- --

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 $44,266 $4,243,182 $2,670,988 $1,572,194
2023 $42,792 $4,114,000 $2,618,616 $1,495,384
2022 $33,839 $3,100,392 $1,833,206 $1,267,186
2021 $33,097 $3,039,600 $1,797,260 $1,242,340
2020 $33,036 $3,039,600 $1,797,260 $1,242,340
2019 $32,389 $2,980,000 $1,762,019 $1,217,981
2018 $32,341 $2,980,000 $1,762,019 $1,217,981
2017 $32,152 $2,980,000 $1,762,019 $1,217,981
2016 $32,143 $2,980,000 $1,762,019 $1,217,981
2015 $32,192 $2,980,000 $1,762,019 $1,217,981
2014 $30,265 $2,789,760 $1,571,779 $1,217,981
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Wu

    JC Pacific Corp

    (949) 295-2852

    3 Total Sales

    Jennifer Wu
    Section Image
  • Kimberly Moore

    Buyer's Agent in 2024

    Kimberly Moore

    Berkshire Hathaway HomeService

    (949) 533-4293

    5 Total Sales

    Kimberly Moore
    Section Image
  • Rosemary Kral

    Seller's Agent in 2020

    Rosemary Kral

    First Team Real Estate

    (714) 349-7883

    19 in this area

    30 Total Sales

    Rosemary Kral
    Section Image
  • Jennifer Palmquist

    Seller Co-Listing Agent in 2020

    Jennifer Palmquist

    Coldwell Banker Realty

    (714) 337-2500

    47 in this area

    84 Total Sales

    Jennifer Palmquist
    Section Image

  • L

    Buyer's Agent in 2018

    Lorna Noriega

    Pacific Sothebys

    Section Image
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Map

California Orange County Tustin 92705 Tustin Ranch

2355 Portrait Way, Tustin, CA

This home is located at 2355 Portrait Way, Tustin, CA 92782 and is currently estimated at $5,476,186, approximately $1,122 per square foot. 2355 Portrait Way is a home located in Orange County with nearby schools including Peters Canyon Elementary School, Pioneer Middle School, and Arnold O. Beckman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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