260 Gallery Way Tustin, CA 92782
Tustin Ranch Neighborhood
1
Bed
1
Bath
736
Sq Ft
$568/mo
HOA Fee
Highlights
- Fitness Center
- Spa
- Primary Bedroom Suite
- Ladera Elementary School Rated A
- No Units Above
- Open Floorplan
About This Home
As of May 2025Nestled within the highly coveted and desirable community of "Shadow Canyon", is an excellent investment opportunity that offers a spacious upstairs 1 Bedroom, 1 Bathroom Condominium with an open floor plan, upgraded flooring, a mirrored wall in dining area, breakfast bar, large open balcony with storage closet and a 1 car detached garage. These units rarely come on the market. Living room and primary suite both have vaulted ceilings and direct access to the large balcony. The open balcony offers the perfect setting for enjoying cool breezes, meditating, thinking, reading, having your morning coffee, afternoon refreshments, enjoying family and friends or sharing an alfresco breakfast, lunch or dinner. Beneficial features include an inside stackable washer/dyer laundry hookup, air conditioning and heating and an upstairs location. The primary bedroom has a walk-in closet and access to the inside laundry. The meticulously maintained community has a sparkling pool and spa for relaxing swimming or warm soaking, playground for children and a tennis court for getting a vigorous workout. The beautiful community offers an ideal environment for taking a casual or brisk morning or afternoon walk or jog or enjoying family and friends while strolling along side lush and verdant vegetation. This condominium is is centrally located and close to places of worship, schools, parks, shopping and restaurants. "Shadow Canyon" is situated right next to the highly sought-after "Gallery Park" and the gorgeous "Tustin Ranch Golf Club"! Walking distance to shopping, dining, and theaters in the Tustin and Irvine Market Place. Excellent location with easy access to freeways, too!! A remarkable opportunity for you to own a truly charming upstairs condominium with unlimited potential!! You do not want to miss out on the chance to use your vision to add your own upgrades, individual touches and create your own personal paradise! This is Probate sale that requires Probate Sale Court Confirmation and possible overbids at the Probate Sale Court Court Confirmation hearing and a minimum 10% earnest money deposit with a Cashier's Check.
Last Agent to Sell the Property
Heard Real Estate Company, Inc. Brokerage Phone: 562-760-3130 License #00816094 Listed on: 01/04/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,736
Year Built
- Built in 1990
Lot Details
- No Units Above
- Two or More Common Walls
HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Guest Parking
- Off-Street Parking
Home Design
- Spanish Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 736 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Blinds
- Sliding Doors
- Living Room
- Laminate Flooring
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- <<microwave>>
- Dishwasher
- Formica Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- 1 Full Bathroom
- <<tubWithShowerToken>>
Laundry
- Laundry Room
- Stacked Washer and Dryer
- 220 Volts In Laundry
Home Security
Outdoor Features
- Spa
- Covered patio or porch
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
Schools
- Pioneer Elementary School
- Ladera Middle School
- Beckman High School
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 13788
- Assessor Parcel Number 93428070
- $107 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 170 Units
- Shadow Canyon Association, Phone Number (949) 716-3898
- Optimum Property Association, Phone Number (714) 508-9070
- Powerstone Mgmt HOA
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
- Bike Trail
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2025
Closed on
May 13, 2025
Sold by
Salehi David and Shahbazi Ghazal
Bought by
Tarallo Angela
Seller's Agent
Giselle Shahbazi
Coldwell Banker Platinum Prop.
Buyer's Agent
Frank Martinez
eXp Realty of California Inc
List Price
$668,000
Sold Price
$668,000
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.21%
Original Mortgage
$634,600
Outstanding Balance
$634,600
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$6,774
Purchase Details
Listed on
Jan 4, 2025
Closed on
Jan 8, 2025
Sold by
Olave Jeffrey Allan and Olave Jeff
Bought by
Salehi David and Shahbazi Ghazal
Seller's Agent
Dwight Heard
Heard Real Estate Company, Inc.
Buyer's Agent
Giselle Shahbazi
Coldwell Banker Platinum Prop.
List Price
$549,900
Sold Price
$485,000
Premium/Discount to List
-$64,900
-11.8%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
359.27%
Purchase Details
Closed on
Mar 10, 2009
Sold by
Olave Pilar C
Bought by
Olave Jeff
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2007
Sold by
Olave Jeff
Bought by
Olave Jeff and Olave Pilar C
Purchase Details
Closed on
Jan 27, 1999
Sold by
Mandas Paul and Mandas Martha
Bought by
Olave Jeff
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.78%
Purchase Details
Closed on
Oct 5, 1995
Sold by
Federal National Mortgage Association
Bought by
Mandas Paul and Navarro Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.59%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $668,000 | Lawyers Title Company | |
| Grant Deed | $485,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $108,000 | American Title | |
| Corporate Deed | $87,000 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $634,600 | New Conventional | |
| Previous Owner | $158,900 | New Conventional | |
| Previous Owner | $130,000 | New Conventional | |
| Previous Owner | $108,000 | No Value Available | |
| Previous Owner | $81,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $668,000 | 0.0% | $908 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $668,000 | 0.0% | $908 / Sq Ft |
| 04/21/2025 04/21/25 | Off Market | $668,000 | -- | -- |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | Price Changed | $668,000 | -4.3% | $908 / Sq Ft |
| 03/22/2025 03/22/25 | For Sale | $698,000 | +43.9% | $948 / Sq Ft |
| 02/26/2025 02/26/25 | Sold | $485,000 | -11.8% | $659 / Sq Ft |
| 01/07/2025 01/07/25 | Pending | -- | -- | -- |
| 01/04/2025 01/04/25 | For Sale | $549,900 | -- | $747 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,736 | $165,979 | $57,636 | $108,343 |
| 2023 | $1,694 | $162,725 | $56,506 | $106,219 |
| 2022 | $2,115 | $159,535 | $55,398 | $104,137 |
| 2021 | $2,064 | $156,407 | $54,311 | $102,096 |
| 2020 | $2,026 | $154,804 | $53,754 | $101,050 |
| 2019 | $1,986 | $151,769 | $52,700 | $99,069 |
| 2018 | $1,938 | $148,794 | $51,667 | $97,127 |
| 2017 | $1,866 | $145,877 | $50,654 | $95,223 |
| 2016 | $1,834 | $143,017 | $49,661 | $93,356 |
| 2015 | $1,819 | $140,869 | $48,915 | $91,954 |
| 2014 | $1,809 | $138,110 | $47,957 | $90,153 |
Source: Public Records
Agents Affiliated with this Home
-
Giselle Shahbazi
Seller's Agent in 2025
Giselle Shahbazi
Coldwell Banker Platinum Prop.
(714) 418-6876
5 in this area
89 Total Sales
-
Dwight Heard
Seller's Agent in 2025
Dwight Heard
Heard Real Estate Company, Inc.
(562) 760-3130
1 in this area
30 Total Sales
-
Frank Martinez
F
Buyer's Agent in 2025
Frank Martinez
eXp Realty of California Inc
(888) 584-9427
1 in this area
104 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24252204
APN: 934-280-70
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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