NOT LISTED FOR SALE

Estimated Value: $4,100,000 - $4,602,000

4 Beds
4.5 Baths
3,072 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $1,815,000 $591 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $25,257/month

Highlights

  • Private Pool
  • Laundry Room
  • Back and Front Yard
  • Vista Verde Rated A+
  • Central Heating and Cooling System

About This Home

As of July 2015

Stunning Ledges Plan 2 in Prestigious "The Summit at Turtle Ridge". Your new home 4 Bedrooms, 4.5 Bathrooms & Office with over 3,000 square feet. This private homes offers a great room with hardwood floors, crown molding, surround sound, fireplace and french doors leading to a stunning backyard. Large gourmet kitchen with slate floors, granite counter tops, expansive island with sink, ample storage, double oven, built-in Sub-Zero refrigerator and a 6 burner WOLF stove. Expansive Master Bedroom with french doors leading to small private balcony, Master Bath that will make you feel like you are at a luxury spa with his and her vanities, soaking tub, walk-in shower with pebble stone and travertine, large walk-in closet with custom organizers. Secondary bedrooms all have their own private bathrooms and walk-in closets. Your new backyard offers plenty of privacy and is perfect for entertaining either by your fireplace or hanging out around your bbq island. This home is a must see!!!

Last Agent to Rent the Property

George Lim

George Lim, Broker License #00756334 Listed on: 05/30/2015

Last Renter's Agent

Veronica Lee

Compass Newport Beach License #01165633

Compass Newport Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,757

Year Built

  • Built in 2004

Lot Details

  • 6,116 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 3,072 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Private Pool
  • Waterfall Pool Feature

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,000
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 7/1/15
  • Tax Lot 37
  • Tax Tract Number 16321
  • Assessor Parcel Number 47840116

Community Details

Recreation

  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,757

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report
  • Available Date: 2015-07-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 12000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47840116
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3072.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.95
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • Pool Features: Association, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6116.00
  • Lot Size Acres: 0.1400

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6116.0000 Square Feet
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Lot: 37
  • Tax Tract Number: 16321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Zhu Xueliang and Guo Hong
Bought by
Zhu Xueliang and Guo Hong
Current Estimated Value
$4,258,975

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 1, 2013
Sold by
Burton Peter and Burton Joanie M
Bought by
Zhu Xueliang and Guo Hong
Seller's Agent
Veronica Vaughan
Keller Williams Realty Irvine
Buyer's Agent
George Lim
George Lim, Broker
List Price
$1,895,000
Sold Price
$1,815,000
Premium/Discount to List
-$80,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$900,000
Outstanding Balance
$594,310
Interest Rate
2.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,664,665

Purchase Details

Closed on
Jun 22, 2008
Sold by
Munchoff Colt William and Munchoff Tracy Mulherin
Bought by
Burton Peter and Burton Joanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Munchoff Colt W and Munchoff Tracy M
Bought by
Munchoff Colt William and Munchoff Tracy Mulherin

Purchase Details

Closed on
Jun 23, 2004
Sold by
Richmond American Homes Of Ca Inc
Bought by
Munchoff Colt W and Munchoff Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zhu Xueliang -- None Available
Zhu Xueliang $1,815,000 California Title Company
Burton Peter $1,570,000 Chicago Title Company
Munchoff Colt William -- --
Munchoff Colt W $1,231,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Xueliang $900,000
Previous Owner Burton Peter $1,050,000
Previous Owner Burton Peter $1,170,000
Previous Owner Munchoff Colt William $450,000
Previous Owner Munchoff Colt W $350,000
Previous Owner Munchoff Colt W $350,000
Previous Owner Munchoff Colt W $900,000
Closed Munchoff Colt W $206,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Rented $6,000 0.0% --
05/21/2015 05/21/15 For Rent $6,000 +0.3% --
06/01/2013 06/01/13 Rented $5,985 0.0% --
06/01/2013 06/01/13 Under Contract -- -- --
05/16/2013 05/16/13 For Rent $5,985 0.0% --
05/15/2013 05/15/13 Sold $1,815,000 -4.2% $591 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $1,895,000 -- $617 / 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 $26,757 $2,235,037 $1,502,874 $732,163
2024 $26,757 $2,191,213 $1,473,406 $717,807
2023 $26,259 $2,148,249 $1,444,516 $703,733
2022 $25,768 $2,106,127 $1,416,192 $689,935
2021 $25,367 $2,064,831 $1,388,424 $676,407
2020 $25,124 $2,043,659 $1,374,187 $669,472
2019 $24,699 $2,003,588 $1,347,242 $656,346
2018 $24,274 $1,964,302 $1,320,825 $643,477
2017 $23,913 $1,925,787 $1,294,927 $630,860
2016 $23,498 $1,888,027 $1,269,536 $618,491
2015 $23,107 $1,859,668 $1,250,467 $609,201
2014 $23,079 $1,823,240 $1,225,972 $597,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15109545

California Regional Multiple Listing Service (CRMLS)

APN: 478-401-16