$2,750,000
SOLD JUL 17, 2024

29 Preston Place Tustin, CA 92782

5 Beds
5.5 Baths
3,932 Sq Ft
5,250 Sq Ft Lot

Recently Sold

$699 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Heritage Elementary Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Welcome to 29 Preston Place, a luxurious retreat nestled in the highly desirable Greenwood neighborhood of Tustin Legacy. Boasting 5 bedrooms plus a loft and 5.5 bathrooms spread across 3,932 square feet of living space, this stunning residence offers an unparalleled sense of grandeur, livability, and convenience. As you step inside, you're greeted by an open-concept floor plan highlighted by the 10+ foot ceilings and illuminated by natural light pouring in through expansive windows. The main level features a versatile multi-gen living suite, perfect for accommodating guests or extended family members, along with another bedroom, ensuring ample space for everyone to relax and unwind. Entertain in style in the spacious great room, complete with multi-panel stacking doors that seamlessly connect to the California room and backyard oasis beyond. The gourmet kitchen is a chef's dream, outfitted with top-of-the-line appliances, crisp white shaker cabinets, and ample storage space. Upstairs, discover three additional bedrooms, a convenient upstairs laundry room, and a spacious loft that's the perfect flex space. The luxurious Primary Suite is a true sanctuary, boasting a generous walk-in closet and an ensuite bathroom with separate shower, soaking tub, and dual vanities. Residents of Greenwood enjoy access to a wealth of amenities, including a park, pool, spa, clubhouse, splash pad, trails, and daily security patrol. Plus, with guaranteed admission to Legacy Magnet Academy, families can take advantage of exceptional educational opportunities right in their own neighborhood. Centrally located with easy access to the 5 and 405 and shopping & dining destinations like The District and South Coast Plaza, this home offers the perfect blend of luxury living and urban convenience. With low HOA dues and a central location, 29 Preston Place represents a rare opportunity to experience the best of Orange County living. Don't miss your chance to make this extraordinary property your own. Schedule a showing today and prepare to be impressed!

Last Agent to Sell the Property

Daniel Choi

Coldwell Banker Realty Brokerage Phone: 9493544551 License #01792771 Listed on: 06/18/2024

Coldwell Banker Realty

Co-Listed By

Theresa Choi

Coldwell Banker Realty Brokerage Phone: 9493544551 License #01957081

Last Buyer's Agent

Rachel Tran

eXp Realty of Greater LA, Inc. License #01925060

eXp Realty of Greater LA, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,366

Year Built

  • Built in 2017

Lot Details

  • 5,250 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 3,932 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Office
  • Loft
  • Bonus Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Schools

  • Heritage Elementary School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 237
  • Tax Tract Number 17507
  • Assessor Parcel Number 43043158
  • $7,643 per year additional tax assessments

Community Details

Overview

  • Greenwood In Tustin Legacy Association, Phone Number (949) 218-9970
  • Pmp Management HOA

Amenities

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

Recreation

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

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,366

Year Built

Built in 2017

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949-354-4551
  • Other Phone Description: Alex / Theresa
  • Other Phone Number: 949-354-4551
  • Property Attached: No
  • Subdivision Name Other: Greenwood
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43043158
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3932.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 699.39
  • Room Type: Bonus Room, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Community

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • 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, Recreation Room, Call for Rules, Management, Security
  • Association Fee: 279.80
  • Association Fee Frequency: Monthly
  • Association Name: Greenwood in Tustin Legacy
  • Phone: 949-218-9970
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: PMP 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: 5250.00
  • Lot Size Acres: 0.1205
  • Latitude Manual: 33.70113400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5250.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 755.18
  • Tax Lot: 237
  • Tax Tract Number: 17507
  • TaxOtherAnnualAssessmentAmount: 7643.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jun 28, 2024
Sold by
Zhang Wenyang and Li Ling
Bought by
Zhang Jayson and Phan Jennifer Tuong
Seller's Agent
Daniel Choi
Coldwell Banker Realty
Buyer's Agent
Rachel Tran
eXp Realty of Greater LA, Inc.
List Price
$2,799,000
Sold Price
$2,750,000
Premium/Discount to List
-$49,000
-1.75%
Total Days on Market
10
Views
14
Current Estimated Value
$2,752,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,586
Avg. Annual Appreciation
0.11%
Original Mortgage
$2,197,250
Outstanding Balance
$2,180,625
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$571,961

Purchase Details

Closed on
Sep 6, 2017
Sold by
Calatlantic Group Inc
Bought by
Zhang Wenyang and Li Ling

Purchase Details

Closed on
May 20, 2016
Sold by
Calatlantic Group Inc
Bought by
Greenwood In Tustin Legacy Maintenance C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,750,000 Equity Title
Grant Deed $1,315,500 First American Title Hsd
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,197,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $2,750,000 -1.8% $699 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $2,799,000 0.0% $712 / Sq Ft
11/27/2022 11/27/22 Rented $6,500 0.0% --
11/21/2022 11/21/22 Off Market $6,500 -- --
11/08/2022 11/08/22 For Rent $6,500 +8.3% --
11/05/2021 11/05/21 Rented $6,000 0.0% --
11/01/2021 11/01/21 Off Market $6,000 -- --
10/21/2021 10/21/21 For Rent $6,000 -- --
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 $23,366 $1,467,176 $670,882 $796,294
2023 $22,920 $1,438,408 $657,727 $780,681
2022 $22,982 $1,410,204 $644,830 $765,374
2021 $22,558 $1,382,553 $632,186 $750,367
2020 $22,393 $1,368,377 $625,704 $742,673
2019 $21,757 $1,341,547 $613,436 $728,111
2018 $21,552 $1,315,243 $601,408 $713,835
2017 $8,473 $157,730 $157,730 $0
2016 $6,121 $154,638 $154,638 $0
2015 $6,851 $152,316 $152,316 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24118025

California Regional Multiple Listing Service (CRMLS)

APN: 430-431-58