NOT LISTED FOR SALE

Estimated Value: $659,000 - $750,034

1 Bed
1 Bath
1,050 Sq Ft
$310/mo HOA Fee

Last Sold February 25, 2013

Last sale price $267,500 $255 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,279/month

Highlights

  • Heated Spa
  • No Units Above
  • Retreat
  • Santiago Hills Elementary School Rated A
  • View of Trees or Woods
  • Cathedral Ceiling

About This Home

As of January 2015

Wow! Wait'll you see this location facing the pond and surrounded by trees! Lovely unobstructed views with privacy galore! Perimeter location with easy access to parking and the home itself. This two level townhome has been added on to and options abound as to what you could use it for! Need office space, a retreat, a music/tv room or a reading nook? This added space could function in a myriad of ways and there is extra closet space beyond the double doors too! This isn't counting the large master bedroom complete with cathedral ceilings and a large walk in closet! The master bathroom has been completely remodeled with large glassed in shower, new counter tops, cabinets and cool checkered flag tiles. Downstairs boasts a large living room with pot belly fireplace and an added closet below the stairs for oodles of storage. The kitchen is open to the living room and the pretty vistas giving the whole space an open, tranquil feeling. This home is move in ready and a great value too! No charge for the added living space! Separate laundry area on the patio. Go see the pricey Irvine apartments, then come and see this gem, you'll love it!

Last Agent to Rent the Property

Ruthie Truscott

Re/Max Premier Realty License #00966844 Listed on: 12/22/2014

Re/Max Premier Realty

Last Renter's Agent

Ruthie Truscott

Re/Max Premier Realty License #00966844 Listed on: 12/22/2014

Re/Max Premier Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $310 Monthly HOA Fees

Property Views

  • Woods
  • Creek or Stream

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entryway
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Retreat
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa
  • Above Ground Pool

Additional Features

  • Concrete Porch or Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/22/15
  • Tax Lot 233
  • Tax Tract Number 9423
  • Assessor Parcel Number 53014544

Community Details

Overview

  • 266 Units

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

HOA Fees

$310 per month

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2015-01-22
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: The Lakes (LK)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 53014544
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1050.00
  • Interior Amenities: Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 1.45
  • Room Type: All Bedrooms Up, Entry, Living Room, Master Bedroom, Walk-In Closet, Retreat
  • Spa Features: Association, Heated, In Ground

Exterior Features

  • Patio: Yes
  • View: Creek/Stream, Trees/Woods
  • Patio And Porch Features: Concrete
  • Pool Features: Above Ground, Association, Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 266
  • Number Of Units Total: 266
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 233
  • Tax Tract Number: 9423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
Feb 15, 2013
Sold by
Scherson Isaac David
Bought by
Scherson Isaac D and The Isaac D Scherson Living Trust
Seller's Agent
Ruthie Truscott
Re/Max Premier Realty
Buyer's Agent
Ruthie Truscott
Re/Max Premier Realty
Sold Price
$1,500
Current Estimated Value
$701,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,509
Avg. Annual Appreciation
7.79%
Original Mortgage
$150,000
Outstanding Balance
$104,616
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$596,393

Purchase Details

Listed on
Mar 11, 2013
Closed on
Feb 8, 2013
Sold by
Scherson Sandrine
Bought by
Scherson Isaac David
Seller's Agent
Ruthie Truscott
Re/Max Premier Realty
Buyer's Agent
Ruthie Truscott
Re/Max Premier Realty
Sold Price
$1,500

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
Outstanding Balance
$104,616
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$596,393

Purchase Details

Listed on
Jan 31, 2013
Closed on
Jan 29, 2013
Sold by
Qualey Jeffrey J
Bought by
Scherson Isaac David
Seller's Agent
Brenda McCroskey
Compass
Buyer's Agent
Ruthie Truscott
Re/Max Premier Realty
List Price
$259,000
Sold Price
$267,500
Premium/Discount to List
$8,500
3.28%

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
Outstanding Balance
$104,616
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$596,393

Purchase Details

Closed on
May 11, 2001
Sold by
Pirouzian Lee M
Bought by
Qualey Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,930
Interest Rate
7.15%

Purchase Details

Closed on
May 6, 1997
Sold by
Wilmington Trust Company
Bought by
Pirouzian Lee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,776
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1997
Sold by
Great Westen Bank Fsb
Bought by
Wilmington Trust Company and Reo Property Trust 1996

Purchase Details

Closed on
Nov 4, 1996
Sold by
Frieze Lisa L
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Oct 16, 1996
Sold by
Prokop Shari A
Bought by
Omega Group

Purchase Details

Closed on
Jul 8, 1996
Sold by
Lentz Donald R
Bought by
Prokop Shari A

Purchase Details

Closed on
May 15, 1996
Sold by
Frieze Lisa L
Bought by
Omega Group
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Scherson Isaac D -- Accommodation
Scherson Isaac David -- California Title Company
Scherson Isaac David $267,500 California Title Company
Qualey Jeffrey J $169,000 First Southwestern Title Co
Pirouzian Lee M $88,500 Stewart Title
Wilmington Trust Company -- Stewart Title
Great Western Bank Fsb $56,000 Orange Coast Title
Omega Group -- --
Prokop Shari A -- --
Omega Group -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherson Isaac David $150,000
Previous Owner Qualey Jeffrey J $163,930
Previous Owner Pirouzian Lee M $87,776
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2014 12/22/14 Rented $1,525 0.0% --
12/22/2014 12/22/14 For Rent $1,525 +1.7% --
04/01/2013 04/01/13 Rented $1,500 0.0% --
03/27/2013 03/27/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $1,500 0.0% --
02/25/2013 02/25/13 Sold $267,500 +3.3% $255 / Sq Ft View Prior Sale
01/31/2013 01/31/13 For Sale $259,000 -3.2% $247 / Sq Ft
01/17/2013 01/17/13 Off Market $267,500 -- --
01/08/2013 01/08/13 For Sale $259,000 -- $247 / Sq Ft
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 $3,558 $329,401 $241,824 $87,577
2024 $3,558 $322,943 $237,083 $85,860
2023 $3,466 $316,611 $232,434 $84,177
2022 $3,395 $310,403 $227,876 $82,527
2021 $3,315 $304,317 $223,408 $80,909
2020 $3,297 $301,197 $221,117 $80,080
2019 $3,224 $295,292 $216,782 $78,510
2018 $3,166 $289,502 $212,531 $76,971
2017 $3,101 $283,826 $208,364 $75,462
2016 $2,967 $278,261 $204,278 $73,983
2015 $2,870 $274,082 $201,210 $72,872
2014 $2,815 $268,714 $197,269 $71,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14261473

California Regional Multiple Listing Service (CRMLS)

APN: 530-145-44