NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,827,000

4 Beds
2 Baths
2,043 Sq Ft
$822/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,300,000 $636 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,020/month

Highlights

  • Private Pool
  • Gated Community
  • Cathedral Ceiling
  • Valencia Elementary Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of June 2021

SINGLE STORY former model, semi- custom home located in exclusive gated community of Falcon Hill.  Large corner lot with 4 rooms, one used as an office. Each bedroom has a slider to a courtyard area.  High ceilings with skylights. Two fireplaces, Updated kitchen with gas stove and stainless steel appliances.  Just updated the backyard pool & spa with pebble tech and new pavers.
You will fall in love as soon as you walk in the front door.  Open and airy feeling.
Location is perfect less than 2 miles to the 5 freeway. Close to Costco, Home Depot, restaurants, miles of walking trails
Entertaining backyard feels like a resort
Recently Re-piped, tankless water heater,
LED lighting, Quiet cool whole house fan
Enormous amount of storage in attic and garage
Feels like a custom home- must see!

Last Agent to Sell the Property

Gregg McElwee

American Home Realty License #00927539 Listed on: 05/08/2021

Last Buyer's Agent

Katie Eastman

Coldwell Banker Realty License #01964654

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 9,800 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Irregular Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Planned Development
  • Interior Block Wall
  • Clay Roof

Interior Spaces

  • 2,043 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 9820
  • Assessor Parcel Number 62726346

Community Details

Overview

  • Falcon Hill Association, Phone Number (888) 516-6532
  • Otis HOA
  • Built by Meister
  • Falcon Hill Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Storage shed, fountains
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Falcon Hill (FH)
  • View: No
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 62726346
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2043.00 Square Feet
  • Interior Amenities: Attic Fan, Block Walls, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Pull Down Stairs to Attic, Sunken Living Room
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 636.32
  • Room Type: All Bedrooms Down, Attic, Converted Bedroom, Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Office
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Builder Name: Meister
  • Patio And Porch Features: Patio
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Electric: 220 Volts For Spa, 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Falcon Hill
  • Phone: 888-516-6532
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: Otis

Schools

  • School District: Saddleback Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Cul-De-Sac, Level with Street, Irregular Lot
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9800.0000 Square Feet
  • Number Of Units In Community: 88
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract: 9820
  • Tax Tract Number: 9820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
May 22, 2021
Sold by
Mcelwee Gregg B and The Mcelwee Family Trust
Bought by
Peterson Mary Ann
Seller's Agent
Gregg McElwee
American Home Realty
Buyer's Agent
Katie Eastman
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,300,000
Premium/Discount to List
$250,000
23.81%
Current Estimated Value
$1,594,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,945
Avg. Annual Appreciation
5.27%
Original Mortgage
$605,000
Outstanding Balance
$553,681
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,055,725

Purchase Details

Closed on
Jan 10, 2008
Sold by
Mcelwee Gregg B
Bought by
Mcelwee Gregg B and The Mcelwee Family Trust

Purchase Details

Closed on
May 24, 2001
Sold by
Mcelwee Kim
Bought by
Mcelwee Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
7.21%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Bank Of America Nt & Sa
Bought by
Mcelwee Gregg and Mcelwee Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,265
Interest Rate
9.21%

Purchase Details

Closed on
Jul 8, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Bank Of America Natl Trustee & Svgs Assn
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
Peterson Mary Ann $1,300,000 Wfg National Title
Mcelwee Gregg B -- None Available
Mcelwee Gregg -- Commonwealth Land Title
Mcelwee Gregg $235,000 First American Title Ins Co
Bank Of America Natl Trustee & Svgs Assn $194,929 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Mary Ann $125,000
Open Peterson Mary Ann $605,000
Previous Owner Mcelwee Gregg $300,000
Previous Owner Mcelwee Gregg $164,000
Previous Owner Mcelwee Gregg $286,000
Previous Owner Mcelwee Gregg $284,500
Previous Owner Mcelwee Gregg $71,250
Previous Owner Mcelwee Gregg $210,000
Previous Owner Mcelwee Gregg $46,000
Previous Owner Mcelwee Gregg $211,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,300,000 +23.8% $636 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $1,050,000 -- $514 / 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
2024 $1,653 $158,728 $75,856 $82,872
2023 $1,614 $155,616 $74,368 $81,248
2022 $13,622 $1,326,000 $1,120,991 $205,009
2021 $3,688 $364,661 $143,373 $221,288
2020 $3,654 $360,922 $141,903 $219,019
2019 $3,580 $353,846 $139,121 $214,725
2018 $3,512 $346,908 $136,393 $210,515
2017 $3,440 $340,106 $133,718 $206,388
2016 $3,382 $333,438 $131,096 $202,342
2015 $3,340 $328,430 $129,127 $199,303
2014 $3,266 $321,997 $126,598 $195,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21091873

California Regional Multiple Listing Service (CRMLS)

APN: 627-263-46