NOT LISTED FOR SALE

283 Downs Rd Tustin, CA 92782

Estimated Value: $2,419,000 - $2,583,721

4 Beds
3 Baths
3,086 Sq Ft
$816/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $2,060,000 $668 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,196/month

12 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Park or Greenbelt View
  • Heritage Elementary Rated A
  • Clubhouse
  • Loft

About This Home

As of April 2022

OPEN 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

Daniel Choi

Coldwell Banker Realty License #01792771 Listed on: 03/22/2022

Coldwell Banker Realty

Co-Listed By

Theresa Choi

Coldwell Banker Realty License #01957081

Last Buyer's Agent

Ann Hwu

Pinnacle Real Estate Group License #01738143

Pinnacle Real Estate Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,730

Year Built

Built in 2016

Lot Details

0

HOA Fees

$330 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Alex
  • Other Phone Number: 7147886427
  • Property Attached: No
  • Subdivision Name Other: Stafford
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43042111
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3086.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 667.53
  • Room Type: Bonus Room, Great Room, Kitchen, Laundry, Loft, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Community
  • Bathroom Features: Double Sinks In Bath(s), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower

Exterior Features

  • View: Neighborhood, Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • 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, Maintenance Grounds, Call for Rules, Management
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Greenwood in Tustin Legacy
  • Phone: 9492189970
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban
  • Association Management: Property Management

Schools

  • School District: Tustin Unified
  • Elementary School: Heritage
  • Elementary School: Heritage
  • Elementary School #2: HERITA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.15
  • Tax Lot: 168
  • Tax Tract Number: 17507
  • TaxOtherAnnualAssessmentAmount: 6860.00

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%
Current Estimated Value
$2,409,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,172
Avg. Annual Appreciation
5.09%

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22050546

California Regional Multiple Listing Service (CRMLS)

APN: 430-421-11