RENTED MAR 7, 2025

2861 Ballesteros Ln Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $1,043,000 - $1,159,000

3 Beds
2.5 Baths
1,724 Sq Ft
$360/mo HOA Fee

Last Sold April 22, 2016

Last sale price $574,000 $333 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,624/month

8 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Mediterranean Architecture
  • Tustin Ranch Elementary School Rated A-
  • Two Way Fireplace
  • Den

About This Home

As of April 2016

Bright and Beautiful Attached Townhouse with 3 Bedrooms with a Bonus room. Spacious Living room with Vaulted ceilings, Double sided fireplace with stone, Separate dining, Laminate wood flooring, Balcony in dining room, Kitchen with stove, Microwave, Dishwasher, Master bedroom with vaulted ceilings, Master Bath With Dual Sinks,Walk-In Shower, A/C, Attached 2 Car garage. Nearby Tustin Sports Park, shopping centers, and freeways.

Last Agent to Sell the Property

David Kim

Cornerstone RE & Investment License #00909329 Listed on: 02/16/2016

Last Buyer's Agent

Cecilia Hoang

Orange Home Realty & Inv. License #01386286

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 0.46

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,724 Sq Ft Home
  • 3-Story Property
  • Two Way Fireplace
  • Double Pane Windows
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 13835
  • Assessor Parcel Number 93408561

Community Details

Overview

  • 90 Units
  • Winter Moon

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Venturanza Del Verde (VDV)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408561
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1724.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Two Way
  • Levels: Three Or More
  • Price Per Square Foot: 332.95
  • Room Type: All Bedrooms Up, Den, Living Room, Master Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 90
  • Number Of Units Total: 90

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 13835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 14, 2016
Sold by
Suh In Young and Suh Mina
Bought by
Nguyen Phuongkhanh K
Seller's Agent
David Kim
Cornerstone RE & Investment
Buyer's Agent
Cecilia Hoang
Orange Home Realty & Inv.
List Price
$569,000
Sold Price
$574,000
Premium/Discount to List
$5,000
0.88%
Current Estimated Value
$1,087,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,930
Avg. Annual Appreciation
6.81%
Original Mortgage
$487,900
Outstanding Balance
$386,939
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$700,991

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 2, 2016
Sold by
Nguyen Thu
Bought by
Nguyen Phuongkhanh K
Seller's Agent
David Kim
Cornerstone RE & Investment
Buyer's Agent
Cecilia Hoang
Orange Home Realty & Inv.
List Price
$569,000
Sold Price
$574,000
Premium/Discount to List
$5,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,900
Outstanding Balance
$386,939
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$700,991

Purchase Details

Closed on
May 12, 2008
Sold by
Suh In Young
Bought by
Suh In Young and Suh Mina

Purchase Details

Closed on
Oct 12, 2005
Sold by
Suh Yoon Suk and Suh In Young
Bought by
Suh In Young

Purchase Details

Closed on
Jun 8, 2000
Sold by
Tustin Thomas Chapin and Tustin Athanasia N
Bought by
Suh Yoon Suk and Suh In Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nguyen Phuongkhanh K $574,000 Lawyers Title
Nguyen Phuongkhanh K -- Lawyers Title
Suh In Young -- None Available
Suh In Young -- --
Suh Yoon Suk $270,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phuongkhanh K $487,900
Previous Owner Suh Yoon Suk $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Rented $4,200 0.0% --
03/02/2025 03/02/25 Under Contract -- -- --
03/02/2025 03/02/25 For Rent $4,200 0.0% --
03/01/2025 03/01/25 Off Market $4,200 -- --
02/28/2025 02/28/25 For Rent $4,200 0.0% --
02/27/2025 02/27/25 Off Market $4,200 -- --
02/26/2025 02/26/25 For Rent $4,200 0.0% --
02/25/2025 02/25/25 Off Market $4,200 -- --
02/21/2025 02/21/25 Price Changed $4,200 +7.7% $2 / Sq Ft
02/21/2025 02/21/25 For Rent $3,900 0.0% --
04/22/2016 04/22/16 Sold $574,000 +0.9% $333 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $569,000 -- $330 / 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 $6,966 $679,496 $478,201 $201,295
2024 $6,966 $666,173 $468,824 $197,349
2023 $6,806 $653,111 $459,631 $193,480
2022 $7,135 $640,305 $450,618 $189,687
2021 $6,975 $627,750 $441,782 $185,968
2020 $6,889 $621,314 $437,252 $184,062
2019 $6,753 $609,132 $428,679 $180,453
2018 $6,612 $597,189 $420,274 $176,915
2017 $6,440 $585,480 $412,033 $173,447
2016 $3,902 $343,678 $146,405 $197,273
2015 $3,858 $338,516 $144,206 $194,310
2014 $3,807 $331,885 $141,381 $190,504
Source: Public Records

Agents Affiliated with this Home

  • Nicole Vu

    Seller's Agent in 2025

    Nicole Vu

    Compass Newport Beach

    (714) 478-2343

    2 in this area

    26 Total Sales

    Nicole Vu
    Section Image
  • Glara Lee

    Seller Co-Listing Agent in 2025

    Glara Lee

    Compass Newport Beach

    (949) 241-2596

    4 in this area

    87 Total Sales

    Glara Lee
    Section Image

  • Y

    Buyer's Agent in 2025

    Yvaine Yang

    eXp Realty of Greater Los Angeles, Inc.

    (310) 499-6785

    5 Total Sales

    Yvaine Yang
    Section Image

  • D

    Seller's Agent in 2016

    David Kim

    Cornerstone RE & Investment

    (949) 275-4922

    4 Total Sales

    David Kim
    Section Image

  • C

    Buyer's Agent in 2016

    Cecilia Hoang

    Orange Home Realty & Inv.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16032633

California Regional Multiple Listing Service (CRMLS)

APN: 934-085-61

California Orange County Tustin 92782 Tustin Ranch

2861 Ballesteros Ln, Tustin, CA

Not Listed for Sale

Condos

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