NOT LISTED FOR SALE

Estimated Value: $8,196,771 - $8,708,000

5 Beds
5.5 Baths
5,802 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $4,750,000 $819 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $49,525/month

75 Days on Market

Highlights

  • Fitness Center
  • Cabana
  • View of Trees or Woods
  • Vista Verde Rated A+
  • Primary Bedroom Suite
  • 18,101 Sq Ft lot

About This Home

As of July 2016

Situated on a single loaded cul-de-sac in the guard-gated community of the Summit at Turtle Ridge is a coveted plan 2 LaCima residence on one of the largest private lots in the enclave spanning 18,000 square feet. The five bedroom, sixth bath estate of approximately 5,900 square feet is adorned with custom silk drapery, beamed ceilings, and an interior and exterior sound system, custom built-ins and much more.. In addition to an opulent kitchen with premium appliances, massive center island and a complete butlers pantry, the residence features a home office, large bonus room, and downstairs junior master suite with private access to backyard. The sumptuous master suite features a retreat with fireplace and dual walk -in closets with organizers. Reminicent of a posh resort, the backyard offers numerous luxuries, from salt water pool, spa, cabana, and generous patio seating to a built-in barbeque, bar fireplace and generous grassy area. Association amenities include two resort-style pools, spa, club house, parks, fitness center and hiking trails. Walking distance to award winning Vista Verde Elementary/Middle School and close proximity to University High School.

Last Agent to Sell the Property

Joele Romeo

Pacific Sotheby's Int'l Realty License #01878195 Listed on: 04/16/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Jim Watson

Real Broker License #01196080

Last Buyer's Agent

Roula Fawaz

Surterre Properties Inc License #01172580

Surterre Properties Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Interior Block Wall
  • Spanish Tile Roof

Interior Spaces

  • 5,802 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Wrap Around Porch
  • Patio
  • Fire Pit
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Air
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 15949
  • Assessor Parcel Number 47843402

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$468 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: La Cima (LACM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47843402
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5802.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Block Walls, Cathedral Ceiling(s), Granite Counters, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Fire Pit, Gas, Gas Starter, Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 818.68
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Great Room, Living Room, Main Floor Master Bedroom, Master Suite, Retreat, Office
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Cabana, Covered, Wrap Around
  • Pool Features: In Ground, Private, Salt Water
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Electric: 220 Volts in Garage
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Controlled Access, Dues Paid Monthly, Fire Pit, Guard, Gym/Ex Room, Hiking Trails, Management, Outdoor Cooking Area, Pet Rules, Picnic Area, Playground, Pool, Security, Spa/Hot Tub
  • Association Fee: 468.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 18101.00
  • Price Per Lot Square Foot: 262.42

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 15949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2017
Sold by
Kim Nam Jae and Kim Katie Kyuhyub
Bought by
Kim Nam Jae and Kim Katie Kyuhyun
Current Estimated Value
$8,351,209

Purchase Details

Listed on
Apr 16, 2016
Closed on
Jul 19, 2016
Sold by
Li Jin Yu
Bought by
Xu Jing
Seller's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
Buyer's Agent
Roula Fawaz
Surterre Properties Inc
List Price
$4,788,000
Sold Price
$4,750,000
Premium/Discount to List
-$38,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Listed on
Sep 16, 2012
Closed on
Jan 18, 2013
Sold by
Pak James J and Pak Wendy J
Bought by
Shi Yuzhi
Seller's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
Buyer's Agent
Wayne Ye
Highland Real Estate
List Price
$3,880,000
Sold Price
$3,725,000
Premium/Discount to List
-$155,000
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Nov 13, 2006
Sold by
La Cima Partners 1 Llc
Bought by
Pak James J and Pak Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Wl Homes Llc
Bought by
Zak Peter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,091,530
Interest Rate
4.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Nam Jae -- None Available
Xu Jing -- California Title Company
Kim Nam Jae $4,750,000 California Title Company
Shi Yuzhi $3,725,000 Ticor Title
Pak James J $3,200,000 Chicago Title Co
La Cima Partners 1 Llc -- Chicago Title Co
Zak Peter D $2,614,500 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pak James J $2,400,000
Previous Owner Zak Peter D $2,091,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2016 07/27/16 Sold $4,750,000 -4.8% $819 / Sq Ft
04/24/2016 04/24/16 Price Changed $4,988,000 +4.2% $860 / Sq Ft
04/16/2016 04/16/16 For Sale $4,788,000 0.0% $825 / Sq Ft
02/10/2015 02/10/15 Rented $14,000 +16.7% --
02/10/2015 02/10/15 For Rent $12,000 0.0% --
02/05/2013 02/05/13 Sold $3,725,000 -4.0% $654 / Sq Ft View Prior Sale
01/21/2013 01/21/13 Pending -- -- --
09/16/2012 09/16/12 For Sale $3,880,000 -- $681 / 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 $62,064 $5,512,782 $3,913,180 $1,599,602
2024 $62,064 $5,404,689 $3,836,451 $1,568,238
2023 $60,731 $5,298,715 $3,761,226 $1,537,489
2022 $59,654 $5,194,819 $3,687,476 $1,507,343
2021 $58,575 $5,092,960 $3,615,172 $1,477,788
2020 $57,883 $5,040,738 $3,578,102 $1,462,636
2019 $56,843 $4,941,900 $3,507,943 $1,433,957
2018 $55,814 $4,845,000 $3,439,159 $1,405,841
2017 $54,844 $4,750,000 $3,371,724 $1,378,276
2016 $45,780 $3,874,878 $2,499,228 $1,375,650
2015 $45,128 $3,816,674 $2,461,687 $1,354,987
2014 $44,631 $3,741,911 $2,413,466 $1,328,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16079811

California Regional Multiple Listing Service (CRMLS)

APN: 478-434-02