281 Downs Rd Tustin, CA 92782
Estimated Value: $2,280,000 - $2,914,000
6
Beds
4.5
Baths
4,448
Sq Ft
$617/Sq Ft
Est. Value
About This Home
As of July 2021Barely lived in and in flawless condition. This home is perfectly located in between the 405, 5 and 55 freeway and near the Market Place. Featuring a downstairs ensuite bedroom, a separate entry large guest quarters with private full bath and kitchenette, fitness room and large bonus room. Open floor plan with huge kitchen and center island, separate formal dining room, folding pocket doors, 5 wine coolers, office nook, and upstairs private laundry room. Expansive master bedroom/bathroom with his and her walk-in closets and private deck. Upstairs also features a kitchenette in the bonus room. This community has the Legacy Magnet Academy school which just open in 2020, has a huge field, basketball courts, resort-style swimming pool and desirable gated park for children, this gourmet estate welcomes a sizeable family and conveniently accommodates outdoor activity. With too many upgrades to list, this home has it all and more.
Last Agent to Sell the Property
Times Real Estate CA License #01446306 Listed on: 04/30/2021
Last Buyer's Agent
Colby Marceau
Times Real Estate CA License #02080970
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2023
Sold by
Lin Christopher and Vy V
Bought by
Lin Family Trust
Total Days on Market
11
Current Estimated Value
Purchase Details
Listed on
Apr 30, 2021
Closed on
Jul 13, 2021
Sold by
Lee Sheng Chih
Bought by
Lin Christopher and Lin Vy
Seller's Agent
George Hanold
Times Real Estate CA
Buyer's Agent
Colby Marceau
Times Real Estate CA
List Price
$2,000,000
Sold Price
$1,830,000
Premium/Discount to List
-$170,000
-8.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$1,189,500
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2016
Sold by
Calatlantic Group Inc
Bought by
Lee Sheng Chih
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,169,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 7, 2016
Sold by
Kishimoto Tomoko
Bought by
Lee Sheng Chih
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,169,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in the area
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 |
|---|---|---|---|
| Lin Family Trust | -- | None Listed On Document | |
| Lin Christopher | -- | None Listed On Document | |
| Lin Christopher | $1,830,000 | Lawyers Title Company | |
| Lee Sheng Chih | $1,799,000 | First American Title Hsd | |
| Lee Sheng Chih | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lin Christopher | $1,189,500 | |
| Previous Owner | Lin Christopher | $1,189,500 | |
| Previous Owner | Lee Jim | $621,000 | |
| Previous Owner | Lee Sheng Chih | $1,169,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2021 07/13/21 | Sold | $1,830,000 | -8.0% | $411 / Sq Ft |
| 05/05/2021 05/05/21 | Price Changed | $1,990,000 | -0.5% | $447 / Sq Ft |
| 04/30/2021 04/30/21 | For Sale | $2,000,000 | -- | $450 / 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 |
|---|---|---|---|---|
| 2024 | $28,699 | $1,903,932 | $986,444 | $917,488 |
| 2023 | $28,132 | $1,866,600 | $967,101 | $899,499 |
| 2022 | $27,774 | $1,830,000 | $948,138 | $881,862 |
| 2021 | $28,795 | $1,928,369 | $1,115,342 | $813,027 |
| 2020 | $28,596 | $1,908,596 | $1,103,905 | $804,691 |
| 2019 | $27,799 | $1,871,173 | $1,082,260 | $788,913 |
| 2018 | $27,490 | $1,834,484 | $1,061,039 | $773,445 |
| 2017 | $17,014 | $922,936 | $157,730 | $765,206 |
| 2016 | $8,412 | $154,638 | $154,638 | $0 |
| 2015 | $6,838 | $152,316 | $152,316 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Hanold
Seller's Agent in 2021
George Hanold
Times Real Estate CA
(949) 836-5479
2 in this area
128 Total Sales
-
Regan Beegle
Seller Co-Listing Agent in 2021
Regan Beegle
Times Real Estate CA
(949) 836-5480
2 in this area
145 Total Sales
-
Buyer's Agent in 2021
Colby Marceau
Times Real Estate CA
(949) 946-7266
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21089815
APN: 430-421-10
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