NOT LISTED FOR SALE

Estimated Value: $815,000 - $907,000

2 Beds
2 Baths
1,025 Sq Ft
$230/mo HOA Fee

Last Sold August 28, 2014

Last sale price $430,000 $420 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,318/month

13 Days on Market

Highlights

  • Private Pool
  • No Units Above
  • Gated Community
  • Tustin Ranch Elementary School Rated A-
  • Primary Bedroom Suite
  • 3-minute walk to Tustin Heritage Park

About This Home

As of August 2014

This single-level condominium features two bedrooms, two bathrooms, and two balconies. The unit is bright and airy, with no neighbors above or below. The kitchen and bedroom looks out to mature trees which provides tranquil and private spaces. The property has a two-car private garage with plenty of storage space. There are high ceilings and wood laminate floors throughout. Close proximity to great schools, freeways, shopping, dining, Tustin Ranch golf course and entertainment. Walk to the park around the corner and enjoy HOA amenities such as gated entrance and community pool. Low HOA and Mello Roos. An incredible value that won’t last long.

Last Agent to Sell the Property

Debbie Marie Kanehira

WaveCrest Real Estate License #01837350 Listed on: 07/18/2014

Last Buyer's Agent

Michelle Krenzke

Surterre Properties Inc License #01495317

Surterre Properties Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1989

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Great Room
  • Living Room
  • Library with Fireplace
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Home Security

Additional Features

  • Private Pool
  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13161
  • Assessor Parcel Number 93408077

Community Details

Overview

  • 145 Units

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,305

Year Built

Built in 1989

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Estancia (ESTA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408077
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1025.00
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Library
  • Levels: One
  • Price Per Square Foot: 419.51
  • Room Type: Entry, Great Room, Living Room, Master Bedroom, Master Suite

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Tustin Unified

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1025.00
  • Lot Size Acres: 0.0240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1025.0000 Square Feet
  • Number Of Units In Community: 145
  • Number Of Units Total: 145

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Aug 20, 2014
Sold by
Kwong Marcellus F
Bought by
Lu Michelle K
Seller's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
Buyer's Agent
Michelle Krenzke
Surterre Properties Inc
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$852,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,775
Avg. Annual Appreciation
6.35%
Original Mortgage
$322,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Kwong Marcellus Fu
Bought by
The Marcellus Kwong & Family Trust

Purchase Details

Listed on
Nov 21, 2011
Closed on
Mar 7, 2012
Sold by
Village Solutions Foundation
Bought by
Kwong Marcellus Fu
Seller's Agent
Britt Nelson
American Home Realty
Buyer's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
List Price
$345,000
Sold Price
$311,500
Premium/Discount to List
-$33,500
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$166,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Wells Fargo Bank N A
Bought by
Village Solutions Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2011
Sold by
Younger Tino Ray
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 17, 2004
Sold by
Gilbert Barbara J
Bought by
Younger Tino Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,750
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Valparaiso Brian K and Valparaiso Monica B
Bought by
Gilbert Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Lu Michelle K $430,000 California Title Company
The Marcellus Kwong & Family Trust -- None Available
Kwong Marcellus Fu $311,500 Netco Title Company
Village Solutions Foundation $309,000 Netco Title Company
Wells Fargo Bank N A $362,000 None Available
Younger Tino Ray $457,000 Landamerica Lawyers Title Co
Gilbert Barbara J $357,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Michelle K $280,000
Closed Lu Michelle K $322,500
Previous Owner Kwong Marcellus Fu $166,500
Previous Owner Village Solutions Foundation $315,000
Previous Owner Younger Tino Ray $50,000
Previous Owner Younger Tino Ray $382,500
Previous Owner Younger Tino Ray $342,750
Previous Owner Gilbert Barbara J $339,150
Previous Owner Valparaiso Brian K $191,000
Previous Owner Valparaiso Brian K $250,000
Previous Owner Valparaiso Brian K $250,000
Previous Owner Valparaiso Brian K $21,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $430,000 -1.1% $420 / Sq Ft
07/18/2014 07/18/14 For Sale $435,000 +39.6% $424 / Sq Ft
04/02/2012 04/02/12 Sold $311,500 -2.6% $304 / Sq Ft
02/03/2012 02/03/12 Price Changed $319,900 -1.5% $312 / Sq Ft
01/18/2012 01/18/12 Price Changed $324,900 +4.8% $317 / Sq Ft
01/16/2012 01/16/12 Price Changed $309,900 -6.0% $302 / Sq Ft
01/13/2012 01/13/12 Price Changed $329,800 0.0% $322 / Sq Ft
01/05/2012 01/05/12 Price Changed $329,900 -4.3% $322 / Sq Ft
11/23/2011 11/23/11 Price Changed $344,900 0.0% $336 / Sq Ft
11/21/2011 11/21/11 For Sale $345,000 -- $337 / 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 $5,305 $516,790 $369,001 $147,789
2024 $5,305 $506,657 $361,765 $144,892
2023 $5,182 $496,723 $354,672 $142,051
2022 $5,628 $486,984 $347,718 $139,266
2021 $5,500 $477,436 $340,900 $136,536
2020 $5,425 $472,541 $337,405 $135,136
2019 $5,319 $463,276 $330,789 $132,487
2018 $5,204 $454,193 $324,303 $129,890
2017 $5,057 $445,288 $317,944 $127,344
2016 $4,963 $436,557 $311,709 $124,848
2015 $4,906 $430,000 $307,027 $122,973
2014 $3,771 $319,172 $202,022 $117,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14153076

California Regional Multiple Listing Service (CRMLS)

APN: 934-080-77