NOT LISTED FOR SALE

Estimated Value: $2,209,000 - $2,357,000

5 Beds
3 Baths
3,307 Sq Ft
$690/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $1,145,000 $346 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $13,302/month

122 Days on Market

Highlights

  • Gated Community
  • Craftsman Architecture
  • Main Floor Bedroom
  • Peters Canyon Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Citrus Ranch Park

About This Home

As of February 2017

Welcome to 2956 Penman, a Gorgeous Former Model Home in Tustin Ranch! This Dream Home Boasts a Premium Size Lot in the Highly Sought After Gated Community of Columbia Westmont. This Pristine Home Features Five Bedrooms, Three Bathrooms, Plus a Loft Area. Upon Entering, you are greeted by the Gorgeous Formal Living Room with French Doors leading to the Covered Front Porch. Beautiful Hardwood Floors, Crown Molding, Custom Window & Door Trims, and Wainscoting throughout the Home. The Kitchen Showcases a Slate-Stone Island, Beautiful Cabinetry, Ample Counter Space, Double Ovens, and Breakfast Nook. Enjoy Access to the Backyard from the Kitchen, perfect for Entertaining. The Kitchen Opens to the Family Room Which Includes a Cozy Fireplace. Upstairs Loft Enjoys Built-In Library Shelves, Dual Sided Desk, and Seating Area. Spacious Master Suite with Double Door Entry Includes a Mirrored Walk-In Closet and Master Bath. The Master Bathroom Boasts Dual Vanities, Bathtub, and Separate Shower. The Private Yard is Complete with a Lattice Covered Patio. Main Floor Laundry Room. Attached Two Car Garage with Room for Storage. Walk to Blue Ribbon Elementary & Middle Schools, Adjacent to Citrus Ranch Park, Cedar Grove Park, and Peters Canyon Trails. Minutes to Toll Roads, Market Place, Orchard Hills, Tustin Ranch Golf Course, Hiking & Biking Trails. This Turn-Key Model Home in Tustin Ranch is A Must See!

Last Agent to Sell the Property

John Katnik

Katnik Brothers R.E. Services License #01881694 Listed on: 10/07/2016

Last Buyer's Agent

Lily Ly

Realty One Group West License #01448866

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,626

Year Built

  • Built in 1998

Lot Details

  • 5,650 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,307 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 15502
  • Assessor Parcel Number 50246140

Community Details

Overview

  • Tustin Township HOA, Phone Number (949) 833-2600

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,626

Year Built

Built in 1998

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Columbia (COLU)
  • View: No
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50246140
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3307.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Recessed Lighting, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 346.24
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 75.00
  • Association Fee Frequency: Monthly
  • Association Name: TUSTIN TOWNSHIP HOA
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

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
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5650.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 3
  • Tax Tract Number: 15502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Jan 30, 2017
Sold by
Lin Norman C and Lin Helen W
Bought by
Kim Junam and Yu Eunjeong
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Lily Ly
Realty One Group West
List Price
$1,158,000
Sold Price
$1,145,000
Premium/Discount to List
-$13,000
-1.12%
Current Estimated Value
$2,280,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,535
Avg. Annual Appreciation
8.28%
Original Mortgage
$350,000
Outstanding Balance
$176,851
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$2,103,684

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jun 27, 2012
Sold by
Odonnell Barbara J
Bought by
Lin Norman C and Lin Helen W
Seller's Agent
Rosemary Kral
First Team Real Estate
Buyer's Agent
David Boyack
First Team Real Estate
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$625,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Bonnema Jeff G and Odonnell Barbara J
Bought by
Odonnell Barbara J and The Barbara J Odonnell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Odonnell Barbara J
Bought by
Odonnell Barbara J and Barbara J Odonnell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2005
Sold by
Odonnell Barbara J
Bought by
Odonnell Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 15, 2003
Sold by
Odonnell Barbara J
Bought by
Odonnell Barbara J and The Barbara J Odonnell Revocable Trust

Purchase Details

Closed on
Jun 10, 2002
Sold by
Williams Thomas A
Bought by
Odonnell Barbara J and Williams Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.69%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 6, 2002
Sold by
Williams Thomas A
Bought by
Williams Thomas A

Purchase Details

Closed on
Oct 8, 1999
Sold by
Richmond American Homes Of California
Bought by
Williams Thomas A and Williams Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.82%
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
Kim Junam $1,145,000 First American Title Company
Lin Norman C $900,000 Ticor Title Tustin Orange Co
Odonnell Barbara J -- Accommodation
Bonnema Jeff G -- Ticor Title Tustin Orange Co
Odonnell Barbara J -- First American Title Co
Odonnell Barbara J -- First American Title Co
Odonnell Barbara J -- --
Odonnell Barbara J -- First American Title Co
Williams Thomas A -- --
Williams Thomas A $545,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Junam $350,000
Previous Owner Lin Norman C $625,000
Previous Owner Bonnema Jeff G $560,000
Previous Owner Odonnell Barbara J $396,000
Previous Owner Odonnell Barbara J $375,000
Previous Owner Williams Thomas A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2017 02/17/17 Sold $1,145,000 -1.1% $346 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $1,158,000 +28.7% $350 / Sq Ft
07/25/2012 07/25/12 Sold $900,000 -2.7% $273 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Price Changed $925,000 -2.6% $280 / Sq Ft
04/25/2012 04/25/12 For Sale $950,000 -- $288 / 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 $13,626 $1,328,869 $912,024 $416,845
2024 $13,626 $1,302,813 $894,141 $408,672
2023 $13,315 $1,277,268 $876,609 $400,659
2022 $14,336 $1,252,224 $859,421 $392,803
2021 $14,017 $1,227,671 $842,570 $385,101
2020 $13,832 $1,215,083 $833,930 $381,153
2019 $13,562 $1,191,258 $817,578 $373,680
2018 $13,275 $1,167,900 $801,547 $366,353
2017 $10,991 $954,935 $585,353 $369,582
2016 $10,791 $936,211 $573,875 $362,336
2015 $10,671 $922,149 $565,255 $356,894
2014 $10,544 $904,086 $554,183 $349,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16720685

California Regional Multiple Listing Service (CRMLS)

APN: 502-461-40