NOT LISTED FOR SALE

Estimated Value: $3,660,000 - $4,298,000

5 Beds
6 Baths
5,576 Sq Ft
$695/Sq Ft Est. Value

Last Sold September 13, 2016

Last sale price $1,970,000 $353 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $23,243/month

About This Home

As of September 2016

**Best value in the AltaMura tract and in perfect condition and located in Nellie Gail. A private courtyard leads to the grand circular foyer/rotunda. Separate casita with full bath and walk in closet off the courtyard. 5 bedrooms (each with own full bath and walk in closets), 5.5 baths, bonus room with custom built in (wolf microwave/subzero refrigerator), office, living/dining/family rooms.16x16 Travertine flooring through out. Gourmet kitchen with slab granite, center island, 2 dishwashers, double wolf ovens/5 burner stove top and oversized Subzero refrigerator. Master suite has a fireplace, large retreat and huge walk in closet. Master bath features oversized shiatsu spa tub, dual head shower, and dressing area. Plantation shutters throughout. Courtyard has a built-in Viking BBQ grill and rear yard features 60 foot salt water pool with pebble tec, oversized spa and waterfalls. Ledger stone on pool was hand cut. Single loaded street and located on a cul de sac. Shows like a model! Nellie Gail Ranch Association includes equestrian center, riding trails, clubhouse, tennis, pool and swim club. Low association dues of $111/mth and no mello roos.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2020
Sold by
Lazo Nelly and 512 Lucky Trust
Bought by
Lazo Nelly and 512 Lucky Trust
Current Estimated Value
$3,875,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Lazo Nelly
Bought by
Lazo Nelly and The 512 Lucky Trust

Purchase Details

Listed on
Jan 23, 2016
Closed on
Aug 8, 2016
Sold by
Lattimore James Chitwood and Lattimore Cheryl Leann
Bought by
Lazo Mark and Lazo Nelly
Seller's Agent
Derik Lewis
Lawyers Realty Group
Buyer's Agent
Derik Lewis
Lawyers Realty Group
List Price
$2,500,000
Sold Price
$1,970,000
Premium/Discount to List
-$530,000
-21.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lattimore James Chitwood and Lattimore Cheryl Leann
Bought by
Lattimore James Chitwood and Lattimore Cheryl Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Lattimore James C and Lattimore Cheryl L
Bought by
Lattimore James Chitwood and Lattimore Cheryl Leann

Purchase Details

Closed on
Oct 22, 2003
Sold by
William Lyon Homes Inc
Bought by
Lattimore James C and Lattimore Chryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,290,600
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lazo Nelly -- Ticor Ttl Orange Cnty Branch
Lazo Nelly -- None Available
Lazo Nelly -- None Available
Lazo Mark $1,970,000 Lawyers Title Co
Lattimore James Chitwood -- Ticor Title Company
Chitwood James -- Ticor Title
Lattimore James Chitwood -- --
Lattimore James C $1,721,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazo Nelly $500,000
Closed Lazo Nelly $505,000
Open Lazo Mark $1,280,500
Closed Lazo Mark $1,250,000
Previous Owner Lattimore James Chitwood $450,000
Previous Owner Chitwood James $1,300,000
Previous Owner Lattimore James C $450,000
Previous Owner Lattimore James C $1,290,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2016 09/13/16 Sold $1,970,000 -10.4% $353 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $2,199,000 -3.3% $394 / Sq Ft
04/16/2016 04/16/16 Price Changed $2,275,000 -3.2% $408 / Sq Ft
03/05/2016 03/05/16 Price Changed $2,350,000 -3.5% $421 / Sq Ft
02/11/2016 02/11/16 Price Changed $2,435,000 -2.6% $437 / Sq Ft
01/23/2016 01/23/16 For Sale $2,500,000 -- $448 / Sq Ft

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 $22,993 $2,286,351 $928,395 $1,357,956
2024 $22,993 $2,241,521 $910,191 $1,331,330
2023 $22,449 $2,197,570 $892,344 $1,305,226
2022 $22,049 $2,154,481 $874,847 $1,279,634
2021 $21,609 $2,112,237 $857,693 $1,254,544
2020 $21,415 $2,090,579 $848,898 $1,241,681
2019 $20,986 $2,049,588 $832,253 $1,217,335
2018 $20,593 $2,009,400 $815,934 $1,193,466
2017 $20,182 $1,970,000 $799,935 $1,170,065
2016 $21,703 $2,111,518 $1,107,256 $1,004,262
2015 $21,442 $2,079,802 $1,090,624 $989,178
2014 $20,993 $2,039,062 $1,069,260 $969,802
Source: Public Records

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