NOT LISTED FOR SALE

Estimated Value: $4,842,000 - $5,475,000

4 Beds
3.5 Baths
3,935 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $2,828,000 $719 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $30,675/month

245 Days on Market

Highlights

  • Fitness Center
  • Spa
  • City Lights View
  • Vista Verde Rated A+
  • Primary Bedroom Suite
  • 8,180 Sq Ft lot

About This Home

As of May 2017

Welcome to the crown jewel of Chaumont in the exclusive community of The Summit at Turtle Ridge. This highly sought-after Plan 3 nestled on one of the largest lots in the area, showcasing, spectacular unobstructed mountain, rolling hills, and city lights views. Approximately 4,000 square feet in size, this residence features three bedrooms with the option to convert to five, four-and-one-half baths, formal living and dining rooms, bonus room, mud room, library/wine room, and three-car garage. A chef’s delight, the gourmet kitchen boasts stainless steel appliances, wine cooler, granite countertops, large center island/bar area, and separate kitchen nook. Enjoy breathtaking views from the sumptuous master suite featuring a spacious retreat, fireplace, dual vanity bath, and massive custom walk-in closet. Reminiscent of a posh resort, the backyard offers numerous luxuries, including a gorgeous water feature, putting green, and entertainment cabana adorned with heaters, custom bar and built-in barbeque. Association amenities include two resort-style pools, spa, clubhouse, parks, fitness center, and hiking trails. Enjoy living moments from award-winning Vista Verde Elementary and Middle Schools and near University High School. This home is a must-see.

Last Agent to Sell the Property

Jim Watson

Real Broker License #01196080 Listed on: 08/24/2016

Real Broker

Co-Listed By

Joele Romeo

Pacific Sotheby's Int'l Realty License #01878195

Last Buyer's Agent

John Liang

Oaktown Realty License #01329249

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 8,180 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Pull-through
  • Parking Available
  • Front Facing Garage

Property Views

  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 3,935 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Exterior Lighting
  • Outdoor Grill

Location

  • Suburban Location

Schools

  • Vista Verde Elementary And Middle School
  • University High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Water Softener

Listing and Financial Details

  • Tax Lot 239
  • Tax Tract Number 16312
  • Assessor Parcel Number 47835123

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$468 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Chaumont (CHAU)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47835123
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3935.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Gas, Gas Starter, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 718.68
  • Room Type: All Bedrooms Up, Master Bedroom, Master Suite, Walk-In Pantry, Retreat, Office
  • Spa Features: Association

Exterior Features

  • View: City Lights, Canyon, Mountain(s)
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Pull-through
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Indoor Grill, Gas Cooktop, Microwave, Water Softener
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Controlled Access, Fire Pit, Guard, Gym/Ex Room, Hiking Trails, Meeting Room, Management, Outdoor Cooking Area, Pet Rules, Pets Permitted, Picnic Area, Playground, Pool, Security, Spa/Hot Tub
  • Association Fee: 468.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Suburban

Schools

  • Elementary School: Vista Verde
  • High School: University
  • Middle Or Junior School: Vista Verde
  • Elementary School #2: VISVER
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 8180.00
  • Price Per Lot Square Foot: 365.38

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 239
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2017
Sold by
Despars Dennis R and Despars Marilyn J
Bought by
Wu Wenwei
Current Estimated Value
$5,166,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2010
Sold by
Despars Dennis R and Despars Marilyn J
Bought by
Despars Dennis R and Despars Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2009
Sold by
Despars Dennis and Despars Marilyn
Bought by
Despars Dennis R and Despars Marilyn J

Purchase Details

Closed on
Mar 17, 2004
Sold by
Warmington Chaumont Associates Lp
Bought by
Despars Dennis and Despars Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Wenwei $2,828,000 California Title Company
Despars Dennis R -- Accommodation
Despars Dennis R -- Chicago Title
Despars Dennis R -- None Available
Despars Dennis $1,792,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Wenwei $1,400,000
Previous Owner Despars Dennis R $729,750
Previous Owner Despars Dennis $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $2,828,000 -2.1% $719 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
10/28/2016 10/28/16 Price Changed $2,888,000 -3.4% $734 / Sq Ft
08/25/2016 08/25/16 Price Changed $2,988,800 +0.3% $760 / Sq Ft
08/24/2016 08/24/16 For Sale $2,980,000 -- $757 / 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 $37,676 $3,282,134 $2,553,308 $728,826
2024 $37,676 $3,217,779 $2,503,243 $714,536
2023 $36,948 $3,154,686 $2,454,160 $700,526
2022 $36,270 $3,092,830 $2,406,039 $686,791
2021 $35,680 $3,032,187 $2,358,862 $673,325
2020 $35,345 $3,001,096 $2,334,675 $666,421
2019 $34,720 $2,942,251 $2,288,897 $653,354
2018 $34,103 $2,884,560 $2,244,016 $640,544
2017 $26,526 $2,157,671 $1,571,502 $586,169
2016 $26,054 $2,115,364 $1,540,688 $574,676
2015 $25,684 $2,083,590 $1,517,546 $566,044
2014 $25,629 $2,042,776 $1,487,820 $554,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16186846

California Regional Multiple Listing Service (CRMLS)

APN: 478-351-23