NOT LISTED FOR SALE

Estimated Value: $2,120,294 - $2,350,000

4 Beds
3 Baths
2,817 Sq Ft
$805/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,180,000 $419 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $13,564/month

32 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Granite Countertops
  • Loma Ridge Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Tomato Springs Park

About This Home

As of May 2018

Located in the beautiful community of Portola Springs is where you’ll find this amazing opportunity. This home features 4 bedrooms (with 1 bed and 1 bath on the first floor), spacious upstairs loft. Entering the home, you will be impressed with expansive windows, high ceilings, and light streaming in from every corner! Solar Panel system, tankless water heater. Apart of the award Winning Irvine Unified schools, the new Portola High School is only minutes away!. Just steps away from community pool, parks, sports courts, and clubhouse. There’s total for 12 parks and 6 pools in the Portola Springs community. Walking distance to Portola Elementary school. Short distance to 241 & 133 Toll Road. Certainly, an opportunity that won’t last!

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 04/05/2018

K.W. EXECUTIVE

Co-Listed By

Amy Lee

PINNACLE REAL ESTATE GROUP License #01836893

Last Buyer's Agent

Kevin Kim

Real Broker License #01879889

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 3,703 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Sprinkler System

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Turnkey

Interior Spaces

  • 2,817 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Jeffery Trail Middle School
  • Northwood High School

Additional Features

  • Spa
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 17440
  • Assessor Parcel Number 58031267

Community Details

Overview

  • Portola Springs Association, Phone Number (949) 833-2600
  • Built by KB Home

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Portola Springs
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58031267
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2817.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 418.89
  • Room Type: Living Room, Main Floor Bedroom, Master Bedroom, Walk-In Closet
  • Spa Features: Community, Association
  • Bathroom Features: Bathtub, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Builder Name: KB Home
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Dues Paid Monthly
  • Association Fee: 192.00
  • Association Fee Frequency: Monthly
  • Association Name: Portola Springs
  • Phone: 9498332600
  • Senior Community: No
  • Community Features: Suburban

Schools

  • High School: Northwood
  • Middle Or Junior School: Jeffery Trail
  • High School2: NORTHW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinkler System
  • Lot Size Sq Ft: 3703.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.26
  • Tax Lot: 19
  • Tax Tract Number: 17440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 21, 2018
Sold by
Chen Jian
Bought by
Chian Wuy Frank Meng and Wu Renee Michelle
Seller's Agent
Mike Chou
K.W. EXECUTIVE
Buyer's Agent
Kevin Kim
Real Broker
List Price
$1,275,000
Sold Price
$1,180,000
Premium/Discount to List
-$95,000
-7.45%
Current Estimated Value
$2,267,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087,074
Avg. Annual Appreciation
9.00%
Original Mortgage
$800,000
Outstanding Balance
$688,826
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,578,248

Purchase Details

Closed on
Jan 10, 2013
Sold by
Kb Home Coastal Inc
Bought by
Chen Jian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Chian Wuy Frank Meng $1,180,000 First American Title Co
Chen Jian $931,000 First American Title Co Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chian Wuy Frank Meng $800,000
Previous Owner Chen Jian $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $1,180,000 -1.5% $419 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $1,198,000 -6.0% $425 / Sq Ft
04/05/2018 04/05/18 For Sale $1,275,000 0.0% $453 / Sq Ft
01/30/2015 01/30/15 Rented $3,800 0.0% --
12/31/2014 12/31/14 Under Contract -- -- --
10/18/2014 10/18/14 For Rent $3,800 +5.6% --
07/21/2013 07/21/13 Rented $3,600 -5.3% --
07/21/2013 07/21/13 Under Contract -- -- --
06/18/2013 06/18/13 For Rent $3,800 -- --
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 $17,930 $1,342,636 $800,325 $542,311
2024 $17,930 $1,316,310 $784,632 $531,678
2023 $17,658 $1,290,500 $769,247 $521,253
2022 $17,375 $1,265,197 $754,164 $511,033
2021 $17,100 $1,240,390 $739,377 $501,013
2020 $16,982 $1,227,672 $731,796 $495,876
2019 $16,745 $1,203,600 $717,447 $486,153
2018 $14,989 $1,007,048 $551,908 $455,140
2017 $14,754 $987,302 $541,086 $446,216
2016 $14,562 $967,944 $530,477 $437,467
2015 $14,394 $953,405 $522,509 $430,896
2014 -- $934,730 $512,274 $422,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18077588

California Regional Multiple Listing Service (CRMLS)

APN: 580-312-67