NOT LISTED FOR SALE

2960 Champion Way Unit 1204 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $590,000 - $644,000

1 Bed
1 Bath
800 Sq Ft
$375/mo HOA Fee

Last Sold August 17, 2023

Last sale price $572,500 $716 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,344/month

41 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Ladera Elementary School Rated A
  • No Units Above
  • Mediterranean Architecture

About This Home

As of August 2023

In the heart of Tustin Ranch lies 2960 Champion Way #1204 where a little gem awaits. Correction! A large gem awaits! Let's begin with the basics, this one bedroom, one bathroom home is 800 square feet!~ Larger than your average one bedroom, that's for sure. As you ascend the stairs, you'll find a good sized deck. Through the front door you'll see the open (and combined) living/dining room space with the kitchen behind you and the bedroom/bathroom in front of you. For particulars, see the attached layout. Master bedroom has an enormous walk-in closet as well as linen cabinets. High ceilings give the illusion of more space and a plethora of windows showcases the natural light. Quality reigns here with all new vinyl plank floors and carpet combined with existing, pretty (& neutral) tile. All new paint and thick baseboards were added in the living/dining space and kitchen. Even the bathroom has had a facelift with the reglazed tub, brand new fixtures & toilet. Privacy you ask? That oh-so-elusive feature in So Cal living... yep, we know, it's a rare commodity, except that this home has it in spades! Fantastic end unit location (with NO ONE ABOVE OR BELOW), now you've met an even rarer animal. If you're going to pay homeowner dues, at the very least, get something for it, right? For a competitive monthly outlay, Rancho Veracruz offers a gym, exercise room, club house, pools/spa and even includes trash and water, imagine that! Calling all golf aficionados, for a fee you're mere steps away from Tustin Ranch Golf Course! Conscientious seller is delivering a squeaky clean, move-in ready home. With rates this high, isn’t everyone looking for value? If you are, all things considered, this home can’t be beat. Stellar location combined with pristine condition. What are you waiting for? Grab your toothbrush and go!~

Last Listed By

Ruthie Truscott

Re/Max Premier Realty License #00966844 Listed on: 06/16/2023

Re/Max Premier Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1992

Lot Details

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

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Tile Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Corian Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Carport
  • Parking Available

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Schools

  • Ladera Elementary School
  • Pioneer Middle School
  • Beckman High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813311
  • $609 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 317 Units
  • Rancho Veracruz Condo Assoc. Association, Phone Number (714) 508-9070
  • Optimum HOA
  • Rancho Veracruz Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,076

Year Built

Built in 1992

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813311
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00 Square Feet
  • Interior Amenities: Living Room Balcony, Living Room Deck Attached, Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 715.62
  • Room Type: Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Corian Counters, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Roof: Common Roof, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Veracruz Condo Assoc.
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Optimum

Schools

  • School District: Tustin Unified
  • Elementary School: Ladera
  • Middle School: Pioneer
  • High School: Beckman
  • Elementary School: Ladera
  • High School: Beckman
  • Middle Or Junior School: Pioneer
  • Elementary School #2: LADERA
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 317
  • Number Of Units Total: 317

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 2
  • Tax Tract Number: 13824
  • TaxOtherAnnualAssessmentAmount: 609.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 20, 2023
Sold by
Knapp Rachel H
Bought by
Shirin Rastegar Living Trust and Rastegar
Seller's Agent
Ruthie Truscott
Re/Max Premier Realty
Buyer's Agent
Karen Kehetian
First Team Real Estate
List Price
$575,000
Sold Price
$572,500
Premium/Discount to List
-$2,500
-0.43%
Total Days on Market
41
Views
195
Current Estimated Value
$621,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,080
Avg. Annual Appreciation
4.93%
Original Mortgage
$495,000
Outstanding Balance
$486,106
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$135,474

Purchase Details

Closed on
Mar 7, 2008
Sold by
Bender Paul
Bought by
Knapp Rachel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1997
Sold by
Hud
Bought by
Bender Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,411
Interest Rate
7.44%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1996
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Nov 18, 1996
Sold by
Wood John A and Wood James R
Bought by
Homeside Lending Inc and Bancboston Mtg Corp

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
Shirin Rastegar Living Trust $572,500 Lawyers Title Company
Knapp Rachel H $302,500 Orange Coast Title
Bender Paul $96,500 First American Title Ins
Hud -- First Southwestern Title Co
Homeside Lending Inc $119,262 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirin Rastegar Living Trust $495,000
Previous Owner Knapp Rachel H $100,000
Previous Owner Knapp Rachel H $231,500
Previous Owner Knapp Rachel H $272,250
Previous Owner Bender Paul F $250,000
Previous Owner Bender Paul $81,750
Previous Owner Bender Paul $82,650
Previous Owner Bender Paul $84,900
Previous Owner Bender Paul $93,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $572,500 -0.4% $716 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $575,000 0.0% $719 / Sq Ft
07/11/2023 07/11/23 For Sale $575,000 -3.4% $719 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $595,000 -- $744 / 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
2024 $6,076 $572,500 $455,688 $116,812
2023 $3,981 $381,901 $244,540 $137,361
2022 $4,361 $374,413 $239,745 $134,668
2021 $4,261 $367,072 $235,044 $132,028
2020 $4,201 $363,309 $232,634 $130,675
2019 $4,119 $356,186 $228,073 $128,113
2018 $4,029 $349,202 $223,601 $125,601
2017 $3,836 $335,000 $214,918 $120,082
2016 $3,833 $335,000 $214,918 $120,082
2015 $3,615 $313,000 $204,194 $108,806
2014 $3,298 $280,956 $172,150 $108,806
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23071169

California Regional Multiple Listing Service (CRMLS)

APN: 938-133-11