Landlord's Agent in 2021
Jim Watson
Real Broker
(714) 342-4040
48 in this area
104 Total Sales
28 Reserve Irvine, CA 92603
Turtle Ridge NeighborhoodEstimated Value: $7,494,364 - $8,162,000
5
Beds
5.5
Baths
6,014
Sq Ft
$1,312/Sq Ft
Est. Value
Highlights
- Private Pool
- 0.33 Acre Lot
- Main Floor Bedroom
- Vista Verde Rated A+
- Outdoor Fireplace
- 4 Car Attached Garage
About This Home
As of November 2021This exquisite Turtle Ridge villa is fully upgraded and customized inside and out. The 5-bed, 6-bath estate of approx. 6,000 s.f. features interiors by Newport Design Associates, Inc. Appointments include crown molding, beamed ceilings, 10 wrought-iron chandeliers, luxurious window treatments, 24" travertine tiles, custom fireplace surrounds, interior and exterior sound systems, and a wine room with custom door and cooling system. The opulent kitchen exhibits premium appliances and a fully equipped butler s pantry. Further amenities include 2 master suites, 4 balconies, antique chandeliers, and 4-car tandem garage. More than $750,000 of landscaping enriches the grounds and exterior with custom iron window boxes, fireplace, BBQ, refrigerator, 5 sets of French doors, saltwater pool with oversized spa, a hand-painted fountain mural, extensive use of brick pavers, bar seating for 6, and a side dining patio off the breakfast room.
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
Lot Details
- 0.33 Acre Lot
- Back and Front Yard
Parking
- 4 Car Attached Garage
Interior Spaces
- 6,014 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Pool
- Private Pool
- Spa
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Schools
- Vista Verde Elementary And Middle School
- University High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $30,000
- Rent includes gardener, pool
- 12-Month Minimum Lease Term
- Available 8/15/21
- Tax Lot 33
- Tax Tract Number 15949
- Assessor Parcel Number 47843238
Community Details
Overview
- Property has a Home Owners Association
- La Cima Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2011
Closed on
Mar 21, 2012
Sold by
Hatcher Buford Elza and Hatcher Elizabeth Genese
Bought by
Lai Yunlai and Cao Jinfeng
Seller's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jim Watson
Real Broker
List Price
$3,528,000
Sold Price
$3,450,000
Premium/Discount to List
-$78,000
-2.21%
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
$4,443,121
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,000,000
Outstanding Balance
$685,617
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Estimated Equity
$7,207,504
Purchase Details
Closed on
Nov 22, 2008
Sold by
Hatcher Buford Elza and Hatcher Elizabeth Genese
Bought by
Hatcher Buford Elza and Hatcher Elizabeth Genese
Purchase Details
Closed on
Jun 25, 2007
Sold by
Wl Homes Llc
Bought by
Hatcher Elizabeth G and Hatcher Buford E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,456,250
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Lai Yunlai | $3,450,000 | None Available | |
| Hatcher Buford Elza | -- | None Available | |
| Hatcher Buford Elza | -- | None Available | |
| Hatcher Elizabeth G | $3,275,000 | Fidelity National Title-Buil |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lai Yunlai | $1,000,000 | |
| Previous Owner | Hatcher Elizabeth G | $2,456,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2021 11/06/21 | Rented | $14,000 | -6.7% | -- | |
| 11/01/2021 11/01/21 | Under Contract | -- | -- | -- | |
| 08/12/2021 08/12/21 | For Rent | $15,000 | 0.0% | -- | |
| 03/30/2012 03/30/12 | Sold | $3,450,000 | -2.2% | $605 / Sq Ft | View Prior Sale |
| 11/12/2011 11/12/11 | For Sale | $3,528,000 | -- | $619 / 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 | $50,132 | $4,333,392 | $2,603,908 | $1,729,484 |
| 2024 | $50,132 | $4,248,424 | $2,552,851 | $1,695,573 |
| 2023 | $49,073 | $4,165,122 | $2,502,795 | $1,662,327 |
| 2022 | $48,226 | $4,083,453 | $2,453,720 | $1,629,733 |
| 2021 | $47,373 | $4,003,386 | $2,405,608 | $1,597,778 |
| 2020 | $46,796 | $3,962,337 | $2,380,942 | $1,581,395 |
| 2019 | $45,975 | $3,884,645 | $2,334,257 | $1,550,388 |
| 2018 | $45,160 | $3,808,476 | $2,288,487 | $1,519,989 |
| 2017 | $44,401 | $3,733,800 | $2,243,614 | $1,490,186 |
| 2016 | $43,616 | $3,660,589 | $2,199,622 | $1,460,967 |
| 2015 | $42,998 | $3,605,604 | $2,166,582 | $1,439,022 |
| 2014 | $42,473 | $3,534,976 | $2,124,142 | $1,410,834 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Watson
-
Laura Liu
L
Landlord's Co-Listing Agent in 2021
Laura Liu
Real Broker
(949) 294-2298
4 in this area
10 Total Sales
-
Tom Springer
T
Buyer Co-Listing Agent in 2021
Tom Springer
Real Broker
(949) 842-6296
21 in this area
42 Total Sales
-
Joele Romeo
Seller's Agent in 2012
Joele Romeo
Pacific Sothebys
(949) 717-7421
15 in this area
83 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21160835
APN: 478-432-38
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