NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $1,452,000

3 Beds
2.5 Baths
2,081 Sq Ft
3,498 Sq Ft Lot

Last Sold January 09, 2020

Last sale price $805,001 $387 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,220/month

65 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • High Ceiling
  • Gated Community
  • Spanish Architecture
  • Granite Countertops

About This Home

As of January 2020

Welcome to Cornerstone Lane, a collection of 37 homes built in 2006 designed with a focus on upscale coastal living. The beautifully manicured and gated community is centrally located just minutes from The Upper Newport Bay (Back Bay), Mesa Verde Country Club, Costa Mesa Country Club, The Camp, The Lab, SoCo Collection, South Coast Plaza, The Segerstrom Center for the Arts, and less than 4 miles to the beach. 2538 is a pristinely kept turnkey home with 3 bedrooms, 2.5 bathrooms, and a large loft upstairs that was originally a builder option to be a 4th bedroom. Downstairs you have a spacious living room with a gas fireplace, an open kitchen with stainless steel appliances and granite counters, an open dining area and a family room. The large master suite has a walk-in shower, a large soaking tub, dual vanities, a walk-in closet and a separate water closet. The home includes all of the amenities you would expect in a newer home such as 9’ ceilings, inside laundry room upstairs, LED recessed lighting, dual pane windows, central heat and A/C, a new hot water heater, Nest thermostat and smoke alarms, a finished 2 car garage with built-in cabinets, newer carpet and paint throughout, and a nicely hardscaped back patio with a built-in BBQ island. This is a detached home zoned as a condo, no shared walls. Welcome home to 2538 Cornerstone Lane.

Last Agent to Sell the Property

Jeremiah Secrest

First Team Real Estate License #01784726 Listed on: 09/24/2019

First Team Real Estate

Last Buyer's Agent

Jeffery Mcgonigle

Real Broker License #02068518

Real Broker

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • No Common Walls
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • No Driveway
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,081 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Separate Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

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

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Adams Elementary School
  • Tewinkle Middle School
  • Estancia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 16937
  • Assessor Parcel Number 93207181

Community Details

Overview

  • 37 Units
  • Cornerstone Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA

Recreation

  • Community Playground

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

3,498 Sq Ft Lot

HOA Fees

$221 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Cornerstone
  • View: No
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93207181
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2081.00 Square Feet
  • Interior Amenities: Block Walls, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Recessed Lighting, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 386.83
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Tile Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Front Porch, Tile
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Faces Side, Garage - Single Door, No Driveway, Off Street, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Self Cleaning Oven, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • 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: Playground
  • Association Fee: 221.00
  • Association Fee Frequency: Monthly
  • Association Name: Cornerstone
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Keystone Pacific

Schools

  • Elementary School: Adams
  • High School: Estancia
  • Middle Or Junior School: Tewinkle
  • Elementary School #2: ADAMS
  • High School2: ESTANC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0803
  • Latitude Manual: 33.66574800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3500.0000 Square Feet
  • Number Of Units In Community: 37
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 638.07
  • Tax Lot: 5
  • Tax Tract Number: 16937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 12, 2019
Sold by
Bruno Rosia Y
Bought by
Kumbhani Ajit Balubhai and Patel Miral
Seller's Agent
Jeremiah Secrest
First Team Real Estate
Buyer's Agent
Jeffery Mcgonigle
Real Broker
List Price
$815,000
Sold Price
$805,001
Premium/Discount to List
-$9,999
-1.23%
Current Estimated Value
$1,339,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,378
Avg. Annual Appreciation
8.53%
Original Mortgage
$644,000
Outstanding Balance
$567,779
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$771,600

Purchase Details

Closed on
Aug 18, 2014
Sold by
Bruno Rosia Y and Senh Rosia
Bought by
Bruno Rosia Y

Purchase Details

Closed on
Oct 6, 2011
Sold by
Us Bank National Association
Bought by
Senh Rosia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,100
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2011
Sold by
Gonzales Alice O
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 10, 2007
Sold by
Richmond American Homes California Inc
Bought by
Gonzales Alice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,176
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Kumbhani Ajit Balubhai $805,500 Ticor Title Company Of Ca
Bruno Rosia Y -- Old Republic Title Company
Bruno Rosia Y -- Old Republic Title Company
Senh Rosia $550,000 Lsi Title Company
U S Bank National Association $523,140 None Available
Gonzales Alice O $789,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumbhani Ajit Balubhai $644,000
Previous Owner Senh Rosia $515,100
Previous Owner Gonzales Alice O $631,176
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $805,001 -1.2% $387 / Sq Ft
11/19/2019 11/19/19 For Sale $815,000 +1.2% $392 / Sq Ft
11/12/2019 11/12/19 Off Market $805,001 -- --
10/27/2019 10/27/19 Price Changed $815,000 -1.7% $392 / Sq Ft
10/14/2019 10/14/19 Price Changed $829,000 -1.2% $398 / Sq Ft
09/24/2019 09/24/19 For Sale $839,000 -- $403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,102 $880,383 $468,725 $411,658
2024 $10,102 $863,121 $459,534 $403,587
2023 $9,778 $846,198 $450,524 $395,674
2022 $9,465 $829,606 $441,690 $387,916
2021 $9,193 $813,340 $433,030 $380,310
2020 $7,339 $631,672 $269,532 $362,140
2019 $7,184 $619,287 $264,247 $355,040
2018 $7,040 $607,145 $259,066 $348,079
2017 $6,923 $595,241 $253,987 $341,254
2016 $6,775 $583,570 $249,007 $334,563
2015 $6,711 $574,805 $245,267 $329,538
2014 $6,559 $563,546 $240,463 $323,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19227682

California Regional Multiple Listing Service (CRMLS)

APN: 932-071-81

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