NOT LISTED FOR SALE

Estimated Value: $2,048,737 - $2,181,000

4 Beds
3 Baths
2,734 Sq Ft
$775/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $1,075,000 $393 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $12,327/month

Highlights

  • Heated Spa
  • Primary Bedroom Suite
  • Atrium Room
  • Peters Canyon Elementary School Rated A
  • View of Hills
  • 3-minute walk to Citrus Ranch Park

About This Home

As of December 2022

Penman is an amazing two story property located in the highly sought after Private Gated Community of Columbia Westmont in Tustin Ranch. This gorgeous home is a 4br,3ba with a grand double door entry that leads you into the main floor. Main floor bedroom with separate private entry. Bathrooms have travertine showers, granite counters, custom cabinetry with self closing drawers. Other features include led recessed lighting, travertine floors, surround sound speakers in the family room. French doors, crown moldings, baseboards and custom built -ins. Plantation shutters, custom window blinds, high end carpet, ceiling fans. Cher's Gourmet granite center island kitchen with custom backsplash, stainless steel appliances, GE profile double over, profile GE Advantum convection microwave, 5 burner gas range, double door refrigerator with double ice maker. This gourmet kitchen opens to a spacious family room with stacked stone fireplace and custom built-in entertainment unit. The luxurious master suite has a walk-in closet with organizers, with a lavish master bath. Garage has built in cabinets. Private back-yard features top of the line turf for your fur babies. Entertainers yard with BBQ grill, spa/spool for this hot days or just to relax. Conveniently located near shopping marts toll road and fabulous hiking rails (Peter's Canyon Trails) and parks. Its's luxury living at its finest.

Last Agent to Rent the Property

Paola Dionisio

Cira Commercial Real Estate License #01176055 Listed on: 10/30/2022

Last Renter's Agent

Julissa Mack

CR Excellence Property Management License #01980260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,130

Year Built

  • Built in 2002

Lot Details

  • 5,750 Sq Ft Lot
  • Landscaped
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Turnkey

Interior Spaces

  • 2,734 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • Atrium Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Peters Canyon Elementary School
  • Pioneer Middle School
  • Beckman High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $5,500
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 12/1/22
  • Tax Lot 2
  • Tax Tract Number 15503
  • Assessor Parcel Number 50246102

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,130

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Pet Deposit, Security Deposit
  • Available Date: 2022-12-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 5500
  • Furnished: Unfurnished
  • Pets Allowed: Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 50246102
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2734.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Pantry, Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.12
  • Room Type: Atrium, Converted Bedroom, Den, Entry, Family Room, Formal Entry, Game Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Above Ground, Heated
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Main Floor Full Bath, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Hills, Park/Greenbelt
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts For Spa, 220 Volts in Garage
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Tustin Unified
  • Elementary School: Peters Canyon
  • Middle School: Pioneer
  • High School: Beckman
  • Elementary School: Peters Canyon
  • High School: Beckman
  • Middle Or Junior School: Pioneer
  • Elementary School #2: PETCAN
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Landscaped
  • Lot Size Sq Ft: 5750.00
  • Lot Size Acres: 0.1320

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5750.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 2
  • Tax Tract Number: 15503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2015
Sold by
Po Jeffrey and Po Ginger
Bought by
Po Family Revocable Trust
Current Estimated Value
$2,118,684

Purchase Details

Listed on
Jul 12, 2015
Closed on
Aug 7, 2015
Sold by
Laibach Robert E and Laibach Beth A
Bought by
Po Jeffrey and Po Ginger
Seller's Agent
Jeff Jones
Pacific Home Brokers
Buyer's Agent
Jeff Jones
Pacific Home Brokers
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$698,750
Outstanding Balance
$562,636
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,556,048

Purchase Details

Closed on
Mar 3, 2014
Sold by
Laibach Robert E and Laibach Beth A
Bought by
Laibach Robert E and Laibach Beth A

Purchase Details

Listed on
Apr 28, 2013
Closed on
May 13, 2013
Sold by
Alagha Houman and Bazzaz Alagha Sheila
Bought by
Laibach Robert E and Laibach Beth A
Seller's Agent
Jeff Jones
Pacific Home Brokers
Buyer's Agent
Jeff Jones
Pacific Home Brokers
List Price
$925,000
Sold Price
$970,000
Premium/Discount to List
$45,000
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$300,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2009
Sold by
Ramsey Michael H and Ramsey Jennifer
Bought by
Alagha Houman and Bazzaz Alagha Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Ramsey Michael H
Bought by
Ramsey Michael H and Ramsey Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Ramsey Jennifer
Bought by
Ramsey Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Smith Walter Leon and Smith Sharren Jean
Bought by
Ramsey Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Smith Walter Leon and Smith Sharren Jean
Bought by
Smith Walter Leon and Smith Sharren Jean

Purchase Details

Closed on
Sep 22, 1999
Sold by
Richmond American Homes Of California
Bought by
Smith Walter Leon and Smith Sharren Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,300
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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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
Po Family Revocable Trust -- None Available
Po Jeffrey $1,075,000 Fidellty National Title
Laibach Robert E -- None Available
Laibach Robert E $970,000 Lawyers Title Company
Alagha Houman $807,000 North American Title
Ramsey Michael H -- --
Ramsey Michael H -- Chicago Title Company
Ramsey Michael H $959,000 Chicago Title Company
Smith Walter Leon -- --
Smith Walter Leon $479,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Po Jeffrey $698,750
Previous Owner Laibach Robert E $300,000
Previous Owner Alagha Houman $645,600
Previous Owner Ramsey Michael H $682,000
Previous Owner Smith Walter Leon $383,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2022 12/01/22 Rented $5,800 0.0% --
11/12/2022 11/12/22 Under Contract -- -- --
10/30/2022 10/30/22 For Rent $5,800 +22.1% --
11/20/2020 11/20/20 Rented $4,750 0.0% --
11/09/2020 11/09/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $4,750 0.0% --
06/04/2019 06/04/19 Rented $4,750 0.0% --
05/03/2019 05/03/19 Under Contract -- -- --
03/14/2019 03/14/19 Price Changed $4,750 -5.0% $2 / Sq Ft
02/12/2019 02/12/19 For Rent $4,999 0.0% --
09/18/2015 09/18/15 Sold $1,075,000 0.0% $386 / Sq Ft View Prior Sale
07/24/2015 07/24/15 Pending -- -- --
07/20/2015 07/20/15 Price Changed $1,075,000 -2.3% $386 / Sq Ft
07/12/2015 07/12/15 For Sale $1,100,000 +13.4% $395 / Sq Ft
06/21/2013 06/21/13 Sold $970,000 0.0% $348 / Sq Ft View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
05/03/2013 05/03/13 Price Changed $970,000 +2.1% $348 / Sq Ft
04/30/2013 04/30/13 Price Changed $950,000 +2.7% $341 / Sq Ft
04/28/2013 04/28/13 For Sale $925,000 -- $332 / 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 $13,130 $1,272,579 $897,897 $374,682
2024 $13,130 $1,247,627 $880,291 $367,336
2023 $12,831 $1,223,164 $863,030 $360,134
2022 $13,862 $1,199,181 $846,108 $353,073
2021 $13,555 $1,175,668 $829,518 $346,150
2020 $13,375 $1,163,613 $821,012 $342,601
2019 $13,116 $1,140,798 $804,914 $335,884
2018 $12,839 $1,118,430 $789,131 $329,299
2017 $12,484 $1,096,500 $773,657 $322,843
2016 $12,254 $1,075,000 $758,487 $316,513
2015 $11,363 $993,871 $683,547 $310,324
2014 $11,221 $974,403 $670,157 $304,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22230463

California Regional Multiple Listing Service (CRMLS)

APN: 502-461-02