NOT LISTED FOR SALE

Estimated Value: $2,665,000 - $3,435,000

4 Beds
3 Baths
2,909 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,680,000 $578 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $18,726/month

65 Days on Market

Highlights

  • Spa
  • Panoramic View
  • Clubhouse
  • Canyon View Elementary School Rated A
  • Community Lake
  • Main Floor Bedroom

About This Home

As of October 2020

Huge Price Reduction! View! View! View! Virtual Tour! Welcome to this GORGEOUS home located on a Premium Lot with Breathtaking PANORAMIC VIEWS of the amazing hills and lush fields of orchards. Nestled in the prestigious 24-hour Guard-Gated community of Reserve at Orchard Hills and surrounded by pristine natural scenery, this home offers serene privacy with NO Homes Behind! This exquisite 4-bedroom luxury home features an expansive Great Room and Dining Room with large panoramic doors that add a modern edge and blend perfectly for both indoor/outdoor living. Gourmet kitchen comes with a large center Island, Quartz countertops with full backslash, stainless steel appliances, built-in refrigerator, commercial-style 48” cooktop, and walk-in pantry. Spacious downstairs bedroom and a full bath. Upstairs Loft and laundry room with ample storage space. The master suite features an insanely amazing view. Master bathroom offers large walk-in closet, dual sinks, separate shower and soaking tub. Enjoy resort-style amenities including pool, spa, trails and much more. Minutes to award-wining Irvine unified schools, including walking distance to Northwood High School. Close to shopping, dining and freeway access. This home is a Must See!!

Last Agent to Sell the Property

Michelle Cheng

Pacific Sterling Realty License #01782385 Listed on: 07/25/2020

Pacific Sterling Realty

Last Buyer's Agent

Tina Yang

Pacific Sterling Realty License #01423039

Pacific Sterling Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,489

Year Built

  • Built in 2018

Lot Details

  • 3,707 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Back Yard
  • Density is 6-10 Units/Acre

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Orchard Views
  • Mountain
  • Hills

Interior Spaces

  • 2,909 Sq Ft Home
  • Formal Entry
  • Great Room
  • Loft

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Canyon View Elementary School
  • Sierra Vista Middle School
  • Northwood High School

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 18014
  • Assessor Parcel Number 52743133

Community Details

Overview

  • Reserve Association, Phone Number (949) 833-2600
  • Keystones HOA
  • Community Lake

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,489

Year Built

Built in 2018

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Terra at The Reserve
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 52743133
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2909.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 577.52
  • Room Type: Formal Entry, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • View: City Lights, Hills, Mountain(s), Orchard, Panoramic
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Picnic Area, Playground, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Reserve
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Hiking, Lake, Park, Sidewalks, Street Lights
  • Association Management: Keystones

Schools

  • School District: Irvine Unified
  • Elementary School: Canyon View
  • Middle School: Sierra Vista
  • High School: Northwood
  • Elementary School: Canyon View
  • High School: Northwood
  • Middle Or Junior School: Sierra Vista
  • Elementary School #2: CANVIE
  • High School2: NORTHW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Level, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 3707.00
  • Lot Size Acres: 0.0851

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3707.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 18014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 1, 2020
Sold by
Hsu Chieh Chang and Gao Mingyi
Bought by
Tan Peter and Lin Sabina
Seller's Agent
Michelle Cheng
Pacific Sterling Realty
Buyer's Agent
Tina Yang
Pacific Sterling Realty
List Price
$1,699,000
Sold Price
$1,680,000
Premium/Discount to List
-$19,000
-1.12%
Current Estimated Value
$3,023,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,343,306
Avg. Annual Appreciation
12.73%
Original Mortgage
$1,344,000
Outstanding Balance
$1,206,833
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,772,703

Purchase Details

Closed on
Jun 7, 2018
Sold by
Irvine Pacific Lp
Bought by
Hsu Chieh Chang and Gao Mingyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Interest Rate
3.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Tan Peter $1,680,000 Fidelity National Title Co
Hsu Chieh Chang $1,586,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Peter $1,344,000
Previous Owner Hsu Chieh Chang $1,085,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $1,680,000 -1.1% $578 / Sq Ft
10/12/2020 10/12/20 For Sale $1,699,000 +1.1% $584 / Sq Ft
10/08/2020 10/08/20 Off Market $1,680,000 -- --
10/01/2020 10/01/20 For Sale $1,699,000 +1.1% $584 / Sq Ft
09/30/2020 09/30/20 Off Market $1,680,000 -- --
09/28/2020 09/28/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $1,699,000 -2.2% $584 / Sq Ft
08/15/2020 08/15/20 Price Changed $1,738,000 -1.1% $597 / Sq Ft
07/25/2020 07/25/20 For Sale $1,758,000 0.0% $604 / Sq Ft
01/31/2019 01/31/19 Rented $5,000 -5.7% --
01/18/2019 01/18/19 Under Contract -- -- --
12/27/2018 12/27/18 Price Changed $5,300 -14.5% $2 / Sq Ft
11/14/2018 11/14/18 For Rent $6,200 -- --
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 $22,489 $1,818,485 $1,137,210 $681,275
2024 $22,489 $1,782,829 $1,114,912 $667,917
2023 $22,062 $1,747,872 $1,093,051 $654,821
2022 $21,704 $1,713,600 $1,071,618 $641,982
2021 $21,423 $1,680,000 $1,050,605 $629,395
2020 $20,775 $1,618,061 $1,003,315 $614,746
2019 $20,573 $1,586,335 $983,642 $602,693
2018 $2,082 $33,685 $33,685 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20147685

California Regional Multiple Listing Service (CRMLS)

APN: 527-431-33