283 Downs Rd Tustin, CA 92782
Estimated Value: $2,173,000 - $2,579,289
4
Beds
3
Baths
3,086
Sq Ft
$792/Sq Ft
Est. Value
Highlights
- Spa
- Primary Bedroom Suite
- Park or Greenbelt View
- Heritage Elementary Rated A
- Clubhouse
- Loft
About This Home
As of April 2022OPEN HOUSE Fri 4-6, Sat & Sun 1-4 Set across the street from Ron Foell Park in Greenwood, with a meandering greenbelt directly across the street, this light filled home is designed with upscale charm that creates a relaxing retreat. A covered front porch and vibrant green landscaping make for a welcoming entry. On the main level, engineered wood floors are found throughout an open concept living area that’s filled with exquisite details. A handcrafted wood panel wainscoting wall is a stunning focal point in the living room, where surround sound creates theater quality movie nights. The spacious floor plan invites gathering, with both casual dining that opens to a California Room, as well as a formal dining room with coffered ceilings. The kitchen is polished to perfection, with an island topped in stunning white granite, bar seating, and a nook with a home office and walk-in pantry. A bedroom on the main level offers a beautifully arched window, and is located next to a full bath; providing the opportunity for multigenerational living or a private office space. Upstairs, an open bonus loft area is a flexible space that's currently used as a family room. The primary suite offers thoughtful details that include built-in cabinets, a wainscoting feature wall, and two custom walk-in closets. Brilliant white surfaces & tile in a marble finish create a modern ensuite, where a deep tub soaks cares away, and a separate oversized shower offers a rain shower head. The upper level is completed by two bedrooms (one is currently an office), a hall bath, and a dedicated laundry room with bonus shelving storage. Beautifully upgraded exterior spaces extend living areas into the outdoors with comfort and style. A California Room with wood grain tiles and a beaded chandelier is a luxe place to enjoy shade, with walls beautifully finished with a Santa Barbara smooth surface. A large open patio features tiled floors, glowing string lights, and a soothing fountain and fire feature. A 3 car garage and a driveway with room for two cars completes the outdoor spaces. The Greenwood neighborhood has walking & biking trails, playgrounds, parks, sports courts, and resident-only access to a clubhouse and resort-style pool & spa, and is just moments from shopping and dining at The District and The Market Place. The home is within the prestigious guaranteed Legacy Magnet Academy enrollment area! Schedule a showing to experience this memorable home in a fantastic neighborhood!
Last Agent to Sell the Property
Coldwell Banker Realty License #01792771 Listed on: 03/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,730
Year Built
- Built in 2016
Lot Details
- 5,000 Sq Ft Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $330 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
- Three Garage Doors
Property Views
- Park or Greenbelt
- Neighborhood
Home Design
- Planned Development
Interior Spaces
- 3,086 Sq Ft Home
- 2-Story Property
- Great Room
- Home Office
- Loft
- Bonus Room
Kitchen
- Walk-In Pantry
- Double Oven
- Six Burner Stove
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Private Water Closet
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Spa
- Exterior Lighting
Schools
- Heritage Elementary School
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 168
- Tax Tract Number 17507
- Assessor Parcel Number 43042111
- $6,860 per year additional tax assessments
Community Details
Overview
- Greenwood In Tustin Legacy Association, Phone Number (949) 218-9970
- Property Management HOA
- Maintained Community
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
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2022
Closed on
Apr 13, 2022
Sold by
Loftus Family Living Trust
Bought by
2009 Jonathan Wang Trust
Seller's Agent
Daniel Choi
Coldwell Banker Realty
Buyer's Agent
Ann Hwu
Pinnacle Real Estate Group
List Price
$1,999,000
Sold Price
$2,060,000
Premium/Discount to List
$61,000
3.05%
Total Days on Market
12
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
$384,822
Avg. Annual Appreciation
6.30%
Purchase Details
Closed on
Nov 6, 2017
Sold by
Loftus Timothy I and Reiss Denise D
Bought by
Loftus Timothy I and Reiss Denise D
Purchase Details
Closed on
Aug 24, 2016
Sold by
Calatlantic Group Inc
Bought by
Loftus Timothy I and Reiss Denise D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,500
Interest Rate
3%
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 |
|---|---|---|---|
| 2009 Jonathan Wang Trust | $2,060,000 | Equity Title | |
| Loftus Timothy I | -- | None Available | |
| Loftus Timothy I | $1,150,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Loftus Timothy I | $120,000 | |
| Previous Owner | Loftus Timothy I | $792,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2022 04/21/22 | Sold | $2,060,000 | +3.1% | $668 / Sq Ft |
| 04/03/2022 04/03/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $1,999,000 | -- | $648 / 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 | $30,730 | $2,143,224 | $1,405,356 | $737,868 |
| 2023 | $30,087 | $2,101,200 | $1,377,800 | $723,400 |
| 2022 | $20,376 | $1,257,976 | $623,721 | $634,255 |
| 2021 | $19,966 | $1,233,310 | $611,491 | $621,819 |
| 2020 | $19,787 | $1,220,664 | $605,220 | $615,444 |
| 2019 | $19,227 | $1,196,730 | $593,353 | $603,377 |
| 2018 | $19,040 | $1,173,265 | $581,718 | $591,547 |
| 2017 | $18,875 | $1,150,260 | $570,311 | $579,949 |
| 2016 | $7,507 | $154,638 | $154,638 | $0 |
| 2015 | $6,786 | $152,316 | $152,316 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Choi
Seller's Agent in 2022
Daniel Choi
Coldwell Banker Realty
(949) 812-2907
31 in this area
334 Total Sales
-
Theresa Choi
Seller Co-Listing Agent in 2022
Theresa Choi
Coldwell Banker Realty
(949) 812-2880
22 in this area
191 Total Sales
-
Ann Hwu
A
Buyer's Agent in 2022
Ann Hwu
Pinnacle Real Estate Group
(949) 230-2478
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22050546
APN: 430-421-11
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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