NOT LISTED FOR SALE

Estimated Value: $5,040,000 - $5,766,000

5 Beds
4.5 Baths
3,907 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $2,885,000 $738 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $31,795/month

12 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Clubhouse
  • Vista Verde Rated A+
  • 0.2 Acre Lot
  • Outdoor Fireplace

About This Home

As of March 2020

Tucked behind the guard-gated community of the Summit at Turtle Ridge on a nearly 9,000 square foot lot sits this stunning Plan 3 residence located in the highly sought-after Arezzo enclave. The main level offers an open floor plan w/ living room, formal dining room, kitchen and breakfast nook opening to the spacious family room. The remodeled gourmet kitchen features a granite island, state-of-the-art appliances, custom cabinets and backsplash. In addition is one bedroom with en-suite bathroom. The second level boasts an open loft and three guest bedrooms. The grand master suite features huge walk-in closet & spa-like master bathroom w/ an oversized bathtub, walk-in shower & dual sinks. Recent upgrades include OWNED solar system and NEW A/C system w/ new ductwork. This extremely private lot is an entertainer’s delight, boasting a generous saltwater pool and spa, entertainment cabana adorned w/ heaters and television, built-in barbecue w/ full kitchen, fireplace, and two fountains. Enjoy the community amenities of Turtle Ridge, which include two resort-style pools w/ spas and cabanas for lounging, playgrounds, clubhouse, theater, trails, and much more. Home is very close to the award-winning Vista Verde Elementary and Middle School and University High School.

Last Agent to Sell the Property

Irene and Ricky Zhang

Keller Williams Realty Irvine License #01972236 Listed on: 01/22/2020

Keller Williams Realty Irvine

Co-Listed By

Irene Zhang

Keller Williams Realty Irvine License #01967217

Last Buyer's Agent

Grace Gui

Compass License #02052024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,772

Year Built

  • Built in 2007

Lot Details

  • 8,925 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 3,907 Sq Ft Home
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Outdoor Fireplace

Schools

  • Vista Verde Elementary And Middle School
  • University High School

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 296
  • Tax Tract Number 16312
  • Assessor Parcel Number 47833117

Community Details

Overview

  • Turtle Ridge Association, Phone Number (949) 855-1800
  • Seabreeze HOA
  • Arezzo Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,772

Year Built

Built in 2007

Lot Details

0

HOA Fees

$475 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Arezzo (AREZ)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47833117
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3907.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 738.42
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Turtle Ridge
  • Phone: 949-8551800
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Park, Sidewalks, Suburban
  • Association Management: Seabreeze

Schools

  • Elementary School: Vista Verde
  • High School: University
  • Middle Or Junior School: Vista Verde
  • Elementary School #2: VISVER
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8925.00
  • Lot Size Acres: 0.2049

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8925.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 296
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Xly Living Trust
Bought by
Xly Living Trust
Current Estimated Value
$5,387,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,420,979
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,966,734

Purchase Details

Closed on
Aug 10, 2021
Sold by
Yang Xiaoli
Bought by
Xly Family Trust and Yang

Purchase Details

Closed on
Aug 12, 2020
Sold by
Ma Dazhuang
Bought by
Yang Xiaoli

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 17, 2020
Sold by
Hu John Lirong and Ren Shu
Bought by
Ma Dazhuang and Yang Xiaoli
Seller's Agent
Irene and Ricky Zhang
Keller Williams Realty Irvine
Buyer's Agent
Grace Gui
Compass
List Price
$2,999,000
Sold Price
$2,885,000
Premium/Discount to List
-$114,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$1,872,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2016
Closed on
Apr 21, 2016
Sold by
Terence Frank and Terence Katrina Marie
Bought by
Hu John Lirong and Ren Shu
Seller's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
Buyer's Agent
David Tai
Presidential Incorporated
List Price
$2,880,000
Sold Price
$2,780,000
Premium/Discount to List
-$100,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$1,999,999
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2012
Sold by
Terence Frank and Terence Katrina Marie
Bought by
Terence Frank and Terence Katrina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,027
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2010
Sold by
Terence Frank and Terence Katrina Marie
Bought by
Terence Frank and Terence Katrina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2010
Sold by
Terence Frank and Terence Katrina
Bought by
Terence Frank and Terence Katrina Marie

Purchase Details

Closed on
Feb 24, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Terence Frank and Terence Katrina

Purchase Details

Closed on
Oct 28, 2009
Sold by
Yur Sj and Yue Denise M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 7, 2006
Sold by
Pardee Homes
Bought by
Yue Aj and Yue Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
7.5%
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
Xly Living Trust -- Old Republic Title
Xly Family Trust -- Gao Peng
Yang Xiaoli -- None Available
Ma Dazhuang $2,885,000 Fidelity Natl Ttl Orange Cnt
Hu John Lirong $2,780,000 California Title Company
Terence Frank -- First American Title Company
Terence Frank -- First American Title Company
Terence Frank -- California Title
Terence Frank -- California Title
Terence Frank -- None Available
Terence Frank $2,000,000 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Company $1,700,000 Landsafe Title
Yue Aj $1,882,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xly Living Trust $2,500,000
Previous Owner Ma Dazhuang $1,872,000
Previous Owner Hu John Lirong $1,999,999
Previous Owner Terence Frank $692,027
Previous Owner Terence Frank $729,000
Previous Owner Yue Aj $1,410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $2,885,000 -3.8% $738 / Sq Ft
01/22/2020 01/22/20 For Sale $2,999,000 +7.9% $768 / Sq Ft
06/03/2016 06/03/16 Sold $2,780,000 -3.5% $732 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $2,880,000 -- $758 / 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 $36,772 $3,155,166 $2,140,487 $1,014,679
2024 $36,772 $3,093,300 $2,098,516 $994,784
2023 $35,991 $3,032,648 $2,057,369 $975,279
2022 $35,362 $2,973,185 $2,017,029 $956,156
2021 $34,730 $2,914,888 $1,977,480 $937,408
2020 $35,685 $3,009,161 $2,176,472 $832,689
2019 $35,051 $2,950,158 $2,133,796 $816,362
2018 $34,421 $2,892,312 $2,091,957 $800,355
2017 $33,829 $2,835,600 $2,050,938 $784,662
2016 $27,011 $2,184,859 $1,410,634 $774,225
2015 $26,620 $2,152,041 $1,389,445 $762,596
2014 $26,386 $2,109,886 $1,362,228 $747,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20015439

California Regional Multiple Listing Service (CRMLS)

APN: 478-331-17