Seller's Agent in 2022
John Katnik
Katnik Brothers R.E. Services
(714) 486-1419
67 in this area
587 Total Sales
2640 Palmetto Tustin, CA 92782
Tustin Ranch NeighborhoodEstimated Value: $2,103,000 - $2,517,000
4
Beds
2.5
Baths
2,898
Sq Ft
$804/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Primary Bedroom Suite
- Cathedral Ceiling
- Ladera Elementary School Rated A
- Gated Community
- Wood Flooring
About This Home
As of August 2022The Immaculate 2640 Palmetto is an Exquisitely Maintained Dream Home Situated on a Highly Sought-After Cul-De-Sac within the Gated Montecito Community of Tustin Ranch. This Move In Ready Home Boasts Four Bedrooms (Including Main Floor Master Suite), Two and a Half Bathrooms, Soaring Ceilings, Hardwood Floors, Plantation Shutters, Built-In Speakers, Crown Molding, and an Abundance of Natural Light Throughout. The Formal Living Room Showcases a Vaulted Ceiling, Cozy Fireplace, and Opens to the Dining Room. The Gourmet Kitchen Enjoys Ample Cabinet Space, Granite Counters, Island with Seating, Built-In Appliances, and Breakfast Nook with Backyard Access. The Family Room Features a Fireplace, Built-Ins, and Opens Directly to the Kitchen, Perfect for Entertaining. The Main Floor Master Suite Includes a Remodeled Master Bathroom with Dual Quartz Countertop Vanities, Walk-In Shower, Separate Tub, Dual Walk-In Closets with Built-In Organizers, and Convenient Access to the Beautiful Backyard. The Backyard Comes Complete with a New Artificial Turf Lawn, Pergola Covered Patio, Fountain, Swing, and Multiple Seating Areas. The Upstairs Fourth Bedroom is Currently Being Used as a Bonus Room. Direct Access Three Car Garage with Epoxy Floors and Built-In Cabinetry. Indoor Laundry with Built-In Cabinets and Sink. HOA Amenities Include a Resort Style Pool, Spa, Playground, Tennis Court, and BBQ Area. Easy Access to Blue Ribbon Schools, Citrus Ranch Park, Cedar Grove Park, and Peters Canyon Trails. Nearby Irvine/Tustin Market Place, Tustin Ranch Golf Course, Hiking and Biking Trails. Easy Access to 5 Freeway and 241/261 Toll Roads. 2640 Palmetto is a Must See!
Last Agent to Sell the Property
Katnik Brothers R.E. Services License #01881694 Listed on: 07/15/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,759
Year Built
- Built in 1994
Lot Details
- 6,325 Sq Ft Lot
- Landscaped
- Private Yard
- Lawn
- Back Yard
HOA Fees
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
Home Design
- Planned Development
Interior Spaces
- 2,898 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Plantation Shutters
- Double Door Entry
- French Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Double Oven
- Gas Cooktop
- Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Primary Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Pool
- In Ground Pool
- In Ground Spa
Schools
- Ladera Elementary School
- Pioneer Middle School
- Beckman High School
Additional Features
- Patio
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 13902
- Assessor Parcel Number 50109615
Community Details
Overview
- Montecito Community Association, Phone Number (714) 634-0611
- Regent Association Services Association, Phone Number (714) 634-0611
- Montecito Subdivision
- Maintained Community
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Jul 21, 2022
Sold by
Pitchess Trust
Bought by
Haidar Yarah
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Faye Haidar
Circa Properties, Inc.
List Price
$1,749,000
Sold Price
$1,749,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,169
Avg. Annual Appreciation
7.55%
Original Mortgage
$1,376,000
Outstanding Balance
$1,322,381
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$856,387
Purchase Details
Closed on
Oct 20, 2020
Sold by
Pitchess Andrew and Pitchess Christine
Bought by
Pitchess Andrew T and Pitchess Christine
Purchase Details
Closed on
Nov 20, 2017
Sold by
Pitchess Paul C
Bought by
Pitchess Andrew T and Pitchess Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 25, 2013
Sold by
Pitchess Andrew T and Pitchess Christine M
Bought by
Pitchess Paul C and The Revocable Paul & Rena Trust
Purchase Details
Closed on
Aug 27, 2012
Sold by
Pitchess Paul C
Bought by
Pitchess Andrew T and Pitchess Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2005
Sold by
Pitchess Paul C
Bought by
Pitchess Paul C and Irrevocable Paul & Rene Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 6, 1994
Sold by
Baycrest Associates
Bought by
Reynolds James Owens
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.57%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Haidar Yarah | $1,749,000 | First American Title | |
| Pitchess Andrew T | -- | None Available | |
| Pitchess Andrew T | -- | Wfg National Title Co | |
| Pitchess Paul C | -- | Chicago Title Company | |
| Pitchess Andrew T | -- | Chicago Title Company | |
| Pitchess Paul C | -- | Multiple | |
| Reynolds James Owens | $389,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Haidar Yarah | $1,376,000 | |
| Previous Owner | Pitchess Andrew T | $100,000 | |
| Previous Owner | Pitchess Andrew T | $306,000 | |
| Previous Owner | Pitchess Paul C | $150,000 | |
| Previous Owner | Pitchess Paul C | $100,000 | |
| Previous Owner | Pitchess Paul C | $375,000 | |
| Previous Owner | Reynolds James Owens | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $1,749,000 | 0.0% | $604 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $1,749,000 | -- | $604 / 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 |
|---|---|---|---|---|
| 2025 | $18,759 | $1,819,659 | $1,421,548 | $398,111 |
| 2024 | $18,759 | $1,783,980 | $1,393,675 | $390,305 |
| 2023 | $18,332 | $1,749,000 | $1,366,348 | $382,652 |
| 2022 | $7,943 | $620,492 | $270,009 | $350,483 |
| 2021 | $7,834 | $608,326 | $264,715 | $343,611 |
| 2020 | $7,703 | $602,089 | $262,001 | $340,088 |
| 2019 | $7,557 | $590,284 | $256,864 | $333,420 |
| 2018 | $7,383 | $1,000,000 | $675,130 | $324,870 |
| 2017 | $7,133 | $567,363 | $246,889 | $320,474 |
| 2016 | $7,011 | $556,239 | $242,048 | $314,191 |
| 2015 | $6,951 | $547,884 | $238,412 | $309,472 |
| 2014 | $6,916 | $537,152 | $233,742 | $303,410 |
Source: Public Records
Agents Affiliated with this Home
-
John Katnik
-
Faye Haidar
Buyer's Agent in 2022
Faye Haidar
Circa Properties, Inc.
(925) 628-0961
2 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22155227
APN: 501-096-15
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