$414,000
SOLD NOV 21, 2020

2960 Champion Way Unit 1506 Tustin, CA 92782

Tustin Ranch Neighborhood
1 Bed
1 Bath
883 Sq Ft
$345/mo HOA Fee

Recently Sold

$469 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Clubhouse
  • Ladera Elementary School Rated A
  • View of Trees or Woods
  • Bathtub

About This Home

As of November 2020

This bright and open Rancho Veracruz upper end unit with no one above or below is move-in ready! Throughout the main living area, wide plank laminate wood flooring, vaulted ceilings, light-catching windows, a cozy fireplace complements the kitchen with quartz counters, tile floors, stainless steel appliances and ample storage space. The dining area seamlessly connects with the kitchen and other living areas. Enjoy the serenity of the spacious master suite with sizable walk-in closet and organizers, laminate wood floors, adjacent to the full bathroom with single vanity and a shower/tub combo. The unit comes with stackable interior laundry and a single carport space with plenty of guest parking. Relax on the front porch or at the year-round community pools, spas, gym and clubhouse. Close proximity to the Marketplace, Irvine Regional Park and Peter’s Canyon. HOA dues includes trash pick-up and Water, and is FHA approved.

Last Agent to Sell the Property

Bassam Helou

Pellego, Inc. License #02047167 Listed on: 09/10/2020

Pellego, Inc.

Last Buyer's Agent

Ki Jeong Park

Newcastle Realty, Inc. License #01977353

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1992

HOA Fees

  • $345 Monthly HOA Fees

Interior Spaces

  • 883 Sq Ft Home
  • Living Room with Fireplace
  • Views of Woods
  • Electric Oven

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Pool

  • Heated Pool
  • Spa

Schools

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

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813351

Community Details

Overview

  • 317 Units
  • Optimum Property Management Association, Phone Number (714) 508-9070
  • Rancho Veracruz Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,680

Year Built

Built in 1992

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813351
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 883.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 468.86
  • Room Type: Laundry, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Refrigerator
  • Heating Type: Central, Electric
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Trash, Sewer, Water
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Optimum Property Management
  • Phone: (714) 508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights

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
  • Latitude Manual: 33.74028500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 317
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 4
  • Tax Tract Number: 13824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 2, 2020
Sold by
Helou Bassam
Bought by
Hanna Sandy
Seller's Agent
Bassam Helou
Pellego, Inc.
Buyer's Agent
Ki Jeong Park
Newcastle Realty, Inc.
List Price
$423,000
Sold Price
$414,000
Premium/Discount to List
-$9,000
-2.13%
Current Estimated Value
$638,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,809
Avg. Annual Appreciation
9.50%
Original Mortgage
$375,000
Outstanding Balance
$337,481
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$294,343

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 29, 2020
Sold by
Hanna Haitham
Bought by
Hanna Sandy
Seller's Agent
Bassam Helou
Pellego, Inc.
Buyer's Agent
Ki Jeong Park
Newcastle Realty, Inc.
List Price
$423,000
Sold Price
$414,000
Premium/Discount to List
-$9,000
-2.13%

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
Outstanding Balance
$337,481
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$294,343

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 26, 2020
Sold by
Hanna Sandy
Bought by
Um Thomas and Pak Yeun Hee
Seller's Agent
Bassam Helou
Pellego, Inc.
Buyer's Agent
Ki Jeong Park
Newcastle Realty, Inc.
List Price
$423,000
Sold Price
$414,000
Premium/Discount to List
-$9,000
-2.13%

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
Outstanding Balance
$337,481
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$294,343

Purchase Details

Closed on
Mar 7, 2020
Sold by
Hanna Haitham
Bought by
Hanna Sandy

Purchase Details

Listed on
Oct 30, 2014
Closed on
Dec 2, 2014
Sold by
Barjoud Sahar
Bought by
Hanna Haitham M
Seller's Agent
Angela Creech
Redfin
Buyer's Agent
Wafa Hanna
CENTURY 21 Affiliated
List Price
$319,900
Sold Price
$319,000
Premium/Discount to List
-$900
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 18, 2014
Sold by
Ngo Sherwin
Bought by
Hanna Haitham M
Seller's Agent
Angela Creech
Redfin
Buyer's Agent
Wafa Hanna
CENTURY 21 Affiliated
List Price
$319,900
Sold Price
$319,000
Premium/Discount to List
-$900
-0.28%

Purchase Details

Listed on
Jul 13, 2012
Closed on
Jul 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Ngo Sherwin
Seller's Agent
Frank Gibson
Frank Gibson Realty
Buyer's Agent
Keith Thomas
Redfin
List Price
$234,900
Sold Price
$240,000
Premium/Discount to List
$5,100
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$192,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Kazerooni Parvaneh
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 21, 2003
Sold by
Kazerooni Parvaneh
Bought by
Kazerooni Parvaneh and Kazerooni Gerda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2003
Sold by
Kazerooni Gerda M and Kazerooni Nick
Bought by
Kazerooni Parvaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2000
Sold by
Kazerooni Parvaneh
Bought by
Kazerooni Parvaneh and Kazerooni Gerda M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Grant Deed $414,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- California Title Company
Grant Deed $319,000 California Title Company
Grant Deed $240,000 Servicelink
Trustee Deed $262,048 Landsafe Title
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $99,000 Credit Line Revolving
Previous Owner $258,000 Negative Amortization
Previous Owner $162,000 Credit Line Revolving
Previous Owner $122,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $91,802 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2020 11/21/20 Sold $414,000 -0.2% $469 / Sq Ft
10/16/2020 10/16/20 Price Changed $415,000 -1.9% $470 / Sq Ft
09/10/2020 09/10/20 For Sale $423,000 +32.6% $479 / Sq Ft
12/12/2014 12/12/14 Sold $319,000 -0.3% $361 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $319,900 +33.3% $362 / Sq Ft
08/23/2012 08/23/12 Sold $240,000 +2.2% $272 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $234,900 -- $266 / 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 $4,680 $439,339 $332,379 $106,960
2023 $4,573 $430,725 $325,862 $104,863
2022 $4,943 $422,280 $319,473 $102,807
2021 $4,832 $414,000 $313,208 $100,792
2020 $4,146 $350,558 $242,719 $107,839
2019 $4,066 $343,685 $237,960 $105,725
2018 $3,978 $336,947 $233,295 $103,652
2017 $3,864 $330,341 $228,721 $101,620
2016 $3,794 $323,864 $224,236 $99,628
2015 $3,752 $319,000 $220,868 $98,132
2014 $2,885 $241,089 $147,883 $93,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20177089

California Regional Multiple Listing Service (CRMLS)

APN: 938-133-51