NOT LISTED FOR SALE

Estimated Value: $2,914,000 - $3,552,000

4 Beds
3 Baths
2,827 Sq Ft
$1,107/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $1,600,000 $566 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $18,831/month

51 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • City Lights View
  • Alderwood Elementary Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2017

Sophisticated Southern California Luxury in The Village of Laguna Altura, Irvine –Our Premier “Cortona” Collection Residence 2 Retreat presented by Irvine Pacific is situated on one of the MOST Private Lot Locations in ALL of Cortona with No Homes Behind Overlooking Partial Treetop and Irvine Spectrum Views! This Hillside Destination features 4BD (Downstairs Bedroom Currently Used as a Den) 3BA approximately 2,827 Sq. Ft. and a Bonus Upstairs Tech Center! The home offers Premier Designer-Inspired interior finishes throughout including Rich Hardwood Flooring, Custom Fitted Plantation Shutters & Window Shades, Recessed Lighting and Custom Interior Paint! Chef-inspired Gourmet Kitchen with Custom Granite Countertops & FULL Decorative Backsplash, Upgraded Cabinetry with Custom Steel Knobs, and ALL Stainless Steel Appliances! Enjoy World-Class Amenities—exclusive to Laguna Altura residents. Award-winning Irvine Unified School District and just minutes from Irvine Spectrum Center, Quail Hill Shopping Center and Laguna Beach!

Last Agent to Sell the Property

Ronnie Hackett

Berkshire Hathaway HomeService License #01891826 Listed on: 12/17/2016

Berkshire Hathaway HomeService

Co-Listed By

Cyrena Bulahan

Berkshire Hathaway HomeService License #01911162

Last Buyer's Agent

Julie Zhu

Transglobal Realty License #01924116

Transglobal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,959

Year Built

  • Built in 2013

Lot Details

  • 4,277 Sq Ft Lot
  • Cul-De-Sac
  • Brick Fence
  • Landscaped
  • Back and Front Yard

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Woods
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,827 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Custom Window Coverings
  • French Doors
  • Panel Doors
  • Entryway
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Schools

  • Alderwood Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 17371
  • Assessor Parcel Number 58825102

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 833-2600
  • Built by Irvine Pacific
  • Cortona

Amenities

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

Recreation

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

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,959

Year Built

Built in 2013

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Cyrena Bulahan
  • Other Phone Number: 949-887-7708
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated Community, Gated with Guard, Guarded, Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58825102
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2827.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Tray Ceiling(s), Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors, Panel Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 565.97
  • Room Type: Den, Entry, Great Room, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Window Features: Custom Covering, Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Brick
  • Builder Name: Irvine Pacific
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • 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, Guard, Controlled Access
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Irvine Unified
  • Elementary School: Alderwood
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: Alderwood
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: ALDERW
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Park Nearby
  • Lot Size Sq Ft: 4277.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.21
  • Tax Lot: 2
  • Tax Model: 2
  • Tax Tract Number: 17371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2016
Closed on
Feb 6, 2017
Sold by
Masood Burhan and Masood Amena
Bought by
Wang Xiyang and Li Haiyan
Seller's Agent
Ronnie Hackett
Berkshire Hathaway HomeService
Buyer's Agent
Julie Zhu
Transglobal Realty
List Price
$1,725,000
Sold Price
$1,600,000
Premium/Discount to List
-$125,000
-7.25%
Current Estimated Value
$3,012,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,412,574
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Irvine Pacific Lp
Bought by
Masood Burhan and Masood Amena Burhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,600
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wang Xiyang $1,588,000 California Title Company
Masood Burhan $1,114,000 First American Title Company
Irvine Pacific Lp -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masood Burhan $595,500
Previous Owner Masood Burhan $625,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $1,600,000 -3.0% $566 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/14/2017 01/14/17 Price Changed $1,650,000 -4.3% $584 / Sq Ft
12/17/2016 12/17/16 For Sale $1,725,000 -- $610 / 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 $22,959 $1,843,008 $1,337,363 $505,645
2024 $22,959 $1,806,871 $1,311,140 $495,731
2023 $22,543 $1,771,443 $1,285,432 $486,011
2022 $22,180 $1,736,709 $1,260,227 $476,482
2021 $21,830 $1,702,656 $1,235,516 $467,140
2020 $21,643 $1,685,198 $1,222,847 $462,351
2019 $21,312 $1,652,155 $1,198,869 $453,286
2018 $21,024 $1,619,760 $1,175,361 $444,399
2017 $16,514 $1,176,269 $731,183 $445,086
2016 $16,275 $1,153,205 $716,846 $436,359
2015 $16,106 $1,135,883 $706,078 $429,805
2014 $16,734 $1,113,633 $692,247 $421,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16764421

California Regional Multiple Listing Service (CRMLS)

APN: 588-251-02