NOT LISTED FOR SALE

2960 Ballesteros Ln Unit 54 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $860,470 - $999,000

2 Beds
2.5 Baths
1,245 Sq Ft
$450/mo HOA Fee

Last Sold August 14, 2017

Last sale price $506,000 $406 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,929/month

91 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Two Primary Bedrooms
  • Tustin Ranch Elementary School Rated A-
  • No Units Above
  • Open Floorplan

About This Home

As of August 2017

Great Location! Amazing Opportunity! Beautiful Floor Plan And Price Reduced!!!! Welcome to the amazing community Venturanza Del Verde in Tustin Ranch! This two story Townhome is light, bright, and spacious. Dual Master Bedroom suites upstairs with vaulted ceilings, large closets and large bathrooms. Beautiful open floor plan on main floor, includes Gas Fireplace, Eating Nook, Dining Area, Living Area, and Half Bath. Kitchen has loads of cabinet space and granite counter tops with balcony off eating area. Attached Two Car Garage down, makes three levels total, and provides convenient access to home. The Venturanza Del Verde Community includes Resort Style Pool and Spa. This highly sought after neighborhood is in walking distance to a Sports Park, Shopping, Dining, and Theaters in the Tustin and Irvine Market Place. Also close to Irvine Bike Path as well as many other Hiking and Biking Trails. Award Winning School District. Excellent Location with easy access to the 5, 55, and 241. This Home is a Must See with Tons of Potential. Don't miss this one!!!!

Last Agent to Sell the Property

Tricia Jerman

eXp Realty of California, Inc. License #02006284 Listed on: 03/31/2017

Last Buyer's Agent

Lucy Lu

Seven Gables Real Estate License #01944769

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,983

Year Built

  • Built in 1991

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,245 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13835
  • Assessor Parcel Number 93408595

Community Details

Overview

  • Venturanza Del Verde Association, Phone Number (714) 220-5920

Amenities

  • Community Barbecue Grill

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,983

Year Built

Built in 1991

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Venturanza Del Verde (VDV)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93408595
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1245.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 406.43
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Venturanza Del Verde
  • Phone: 714-220-5920
  • Senior Community: No
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Street Lights

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System

Multi Family

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

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 1
  • Tax Tract Number: 13835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Aug 10, 2017
Sold by
Wang Jiaxin
Bought by
Yi Shumei
Seller's Agent
Tricia Jerman
eXp Realty of California, Inc.
Buyer's Agent
Lucy Lu
Seven Gables Real Estate
List Price
$519,000
Sold Price
$506,000
Premium/Discount to List
-$13,000
-2.5%
Current Estimated Value
$909,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,642
Avg. Annual Appreciation
7.68%
Original Mortgage
$290,000
Outstanding Balance
$244,349
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$670,034

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jul 6, 2017
Sold by
Li Chen and Lu Yong Min
Bought by
Wang Zhenfel and Yi Shumei
Seller's Agent
Tricia Jerman
eXp Realty of California, Inc.
Buyer's Agent
Lucy Lu
Seven Gables Real Estate
List Price
$519,000
Sold Price
$506,000
Premium/Discount to List
-$13,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$244,349
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$670,034

Purchase Details

Listed on
Oct 25, 2013
Closed on
Nov 21, 2013
Sold by
Ozols Christian Reid and Ozols Victoria Hudson
Bought by
Li Chen and Lu Yong Min
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Guang Gao
METRO REAL ESTATE GROUP
List Price
$465,000
Sold Price
$462,000
Premium/Discount to List
-$3,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
May 17, 2004
Sold by
Lenell John Kevin and Lenell Rachel Louise
Bought by
Ozols Christian Reid and Ozols Victoria Hudson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
John Lenell
Bought by
Lenell John Kevin and Lenell Rachel Louise
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
Yi Shumei -- First American Title Co
Wang Zhenfel $506,000 First American Title Co
Li Chen $462,000 First American Title Ins Co
Ozols Christian Reid $420,000 California Title Company
Lenell John Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Shumei $290,000
Previous Owner Ozols Christian Reid $75,000
Previous Owner Ozols Christian Reid $396,000
Previous Owner Ozols Christian Reid $49,000
Previous Owner Ozols Christian Reid $336,000
Closed Ozols Christian Reid $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $506,000 +2.2% $406 / Sq Ft
06/09/2017 06/09/17 Price Changed $495,000 -2.9% $398 / Sq Ft
05/13/2017 05/13/17 Price Changed $510,000 -1.7% $410 / Sq Ft
03/31/2017 03/31/17 For Sale $519,000 +12.3% $417 / Sq Ft
12/16/2013 12/16/13 Sold $462,000 -0.6% $385 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $465,000 -- $388 / 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 $5,983 $575,737 $425,904 $149,833
2024 $5,983 $564,449 $417,553 $146,896
2023 $5,847 $553,382 $409,366 $144,016
2022 $6,194 $542,532 $401,339 $141,193
2021 $6,056 $531,895 $393,470 $138,425
2020 $5,980 $526,442 $389,436 $137,006
2019 $5,863 $516,120 $381,800 $134,320
2018 $5,741 $506,000 $374,313 $131,687
2017 $5,501 $487,984 $347,261 $140,723
2016 $5,399 $478,416 $340,452 $137,964
2015 $5,334 $471,230 $335,338 $135,892
2014 $5,255 $462,000 $328,769 $133,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17066947

California Regional Multiple Listing Service (CRMLS)

APN: 934-085-95