NOT LISTED FOR SALE

Estimated Value: $2,756,000 - $3,220,000

6 Beds
5 Baths
4,307 Sq Ft
$701/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $2,002,000 $465 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $18,207/month

28 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Primary Bedroom Suite
  • Ladera Elementary School Rated A
  • Heated In Ground Pool
  • Open Floorplan

About This Home

As of August 2021

Welcome home to this magnificent property located in the prestigious, guard gated community of Madrid in Tustin Ranch. This elegant home offers 6 bedrooms (downstairs bedroom currently being used as a large office), 5 baths and upstairs home office. As you enter the home, you are greeted by a dramatic foyer with soaring ceilings, marble floors and grand staircase. Off the hallway is a bright and inviting formal sitting area that opens out to the formal dining space. There is large bedroom downstairs with separate bath, currently being used as an office. The kitchen is perfect for entertaining with an oversized center island, walk-in pantry, 6 burner stove, and separate wet bar area. This opens out to the large great room with fireplace and beautiful built-ins. Travel up the spiral staircase to the second floor that leads to the grand master suite, loft area, small office, laundry room, French doors that lead to 2 separate balconies, and all other bedrooms. The extraordinary master suite is accented with a fireplace and abundant windows for natural light. An expansive walk-in closet and beverage sink area lead you to the impressive master bath with oversized bathtub, large walk-in shower and dual vanities. The expansive loft area has beautiful built-ins and is perfect for additional tv/entertaining space or kids’ loft. Finally, you’ll enjoy resort-like living in the private back yard appointed with a saltwater pool, spa, cabana and built-in BBQ island and bar. Gorgeous curb appeal, 3 car garage and huge private driveway. Brand new paint in entire interior. Solar 100% owned saving average of $12,000/year and offering guaranteed circuit reliability. Award winning schools, parks, trails, golf and Tustin Marketplace all just minutes away.

Last Agent to Sell the Property

Peggy Knauft

Primary Pacific Properties License #01998271 Listed on: 06/23/2021

Last Buyer's Agent

Kaivan Entezarmahdi

Ashby & Graff License #02142400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,723

Year Built

  • Built in 1999

Lot Details

  • 7,749 Sq Ft Lot
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre
  • Value in Land

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Porte-Cochere
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Golf Cart Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Planned Development
  • Slab Foundation

Interior Spaces

  • 4,307 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Plantation Shutters
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Game Room
  • Storage
  • Center Hall
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 5 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

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

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 15420
  • Assessor Parcel Number 50127150

Community Details

Overview

  • Madrid Association, Phone Number (714) 692-1670
  • Keystone Association, Phone Number (626) 967-7921
  • Madrid Subdivision
  • Maintained Community
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,723

Year Built

Built in 1999

Lot Details

0

HOA Fees

$173 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Madrid (MADR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50127150
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4307.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Data
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Bedroom, Gas, Gas Starter, Raised Hearth
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 464.82
  • Room Type: All Bedrooms Up, Attic, Center Hall, Family Room, Foyer, Game Room, Great Room, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Hollywood Bathroom (Jack&Jill), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Stucco Wall
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch
  • Pool Features: Private, Heated, Gas Heat, In Ground, Pool Cover, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage - Two Door, Golf Cart Garage, Porte-Cochere
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Gas Range, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Microwave, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Keystone
  • Amenities: Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 88.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid
  • Phone: 714-692-1670
  • Association Phone #2: 626-967-7921
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Golf, Hiking, Horse Trails, Park, Preserve/Public Land, Sidewalks, Street Lights, Suburban
  • Association Management: Madrid

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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Value In Land, Yard
  • Lot Size Sq Ft: 7749.00
  • Lot Size Acres: 0.1779

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7749.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.06
  • Tax Lot: 10
  • Tax Tract Number: 15420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 27, 2021
Sold by
Warren Randall J and Warren Anita
Bought by
Entezarmahdi Kaivan
Seller's Agent
Peggy Knauft
Primary Pacific Properties
Buyer's Agent
Kaivan Entezarmahdi
Ashby & Graff
List Price
$2,199,000
Sold Price
$2,002,000
Premium/Discount to List
-$197,000
-8.96%
Current Estimated Value
$2,937,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,577
Avg. Annual Appreciation
10.24%
Original Mortgage
$1,601,600
Outstanding Balance
$1,478,167
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,469,812

Purchase Details

Closed on
Sep 9, 2013
Sold by
Warren Randall J and Warren Anita A
Bought by
Warren Randall J and Warren Anita

Purchase Details

Closed on
Oct 29, 2007
Sold by
Toovey Robert Patrick
Bought by
Warren Randall J and Warren Anita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2006
Sold by
Lang Andrew J and Lang Linda K
Bought by
Toovey Robert Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
Sold by
Zanfini Gaetano and Zanfini Carolina
Bought by
Lang Andrew J and Lang Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1999
Sold by
Wl Homes Llc
Bought by
Zanfini Gaetano and Zanfini Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,350
Interest Rate
7.84%
Source: Public Records

Range of Values:

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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
Entezarmahdi Kaivan $2,002,000 Wfg National Title Company
Entezarmahdi Kaivan -- Wfg National Title Company
Warren Randall J -- None Available
Warren Randall J $1,662,000 Progressive Title
Toovey Robert Patrick -- California Title Company
Lang Andrew J $1,625,000 Chicago Title
Zanfini Gaetano $684,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Entezarmahdi Kaivan $1,601,600
Previous Owner Warren Randall J $250,000
Previous Owner Warren Randall J $615,000
Previous Owner Warren Randall J $1,057,000
Previous Owner Toovey Robert Patrick $400,000
Previous Owner Lang Andrew J $500,000
Previous Owner Zanfini Gaetano $645,000
Previous Owner Zanfini Gaetano $60,000
Previous Owner Zanfini Gaetano $547,350
Closed Lang Andrew J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $2,002,000 -9.0% $465 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $2,199,000 -- $511 / 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 $21,723 $2,124,537 $1,346,882 $777,655
2024 $21,723 $2,082,880 $1,320,473 $762,407
2023 $21,228 $2,042,040 $1,294,582 $747,458
2022 $22,332 $2,002,000 $1,269,198 $732,802
2021 $20,372 $1,821,720 $1,136,888 $684,832
2020 $20,309 $1,821,720 $1,136,888 $684,832
2019 $19,912 $1,786,000 $1,114,596 $671,404
2018 $19,862 $1,786,000 $1,114,596 $671,404
2017 $19,703 $1,786,000 $1,114,596 $671,404
2016 $16,758 $1,505,000 $833,596 $671,404
2015 $16,792 $1,505,000 $833,596 $671,404
2014 $14,889 $1,316,349 $644,945 $671,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21134874

California Regional Multiple Listing Service (CRMLS)

APN: 501-271-50