NOT LISTED FOR SALE

2960 Champion Way Unit 1614 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $597,000 - $658,000

1 Bed
1 Bath
774 Sq Ft
$325/mo HOA Fee

Last Sold August 13, 2020

Last sale price $390,000 $504 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,112/month

21 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Ladera Elementary School Rated A
  • View of Trees or Woods
  • Deck

About This Home

As of August 2020

Make HOME an everyday vacation with resort style living at Rancho Veracruz! This move-in-ready 1 bedroom, 1 bath condo is a bright, airy top floor unit. Enjoy a peaceful vibe inside with big windows, ample closet space and a cozy living room fireplace. Sip morning coffee on the private deck, while finishing last nights laundry. Plus, this beautiful community has amazing amenities: clubhouse, pools, spas, and a gym! Nestled between Tustin Ranch Golf Club and Citrus Ranch Park, the location is just minutes to The Marketplace, filled with shopping and restaurants! Everything is easy and relaxation is simple with this wonderful investment opportunity!

Last Listed By

Bob Strausheim

Berkshire Hathaway HomeService License #00611168 Listed on: 06/24/2020

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1992

HOA Fees

  • $325 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 774 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Parking

  • Detached Carport Space
  • Parking Available
  • Guest Parking
  • Unassigned Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813363

Community Details

Overview

  • 317 Units
  • Rancho Vera Cruz Association, Phone Number (714) 508-9070
  • Optimum HOA
  • Rancho Veracruz Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,411

Year Built

Built in 1992

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer/Dryer/Refrigerator
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813363
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 774.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings, Pantry, Recessed Lighting, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 503.88
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Trees/Woods
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Guest, Unassigned

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Vera Cruz
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Optimum

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

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
Jun 24, 2020
Closed on
Aug 6, 2020
Sold by
Preczewski Sandra A
Bought by
Potter Lyudmila A and Potter Michael R
Seller's Agent
Bob Strausheim
Berkshire Hathaway HomeService
Buyer's Agent
Dane Bebermeyer
Supreme Properties
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Total Days on Market
21
Current Estimated Value
$616,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,735
Avg. Annual Appreciation
9.54%
Original Mortgage
$312,000
Outstanding Balance
$281,087
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$319,094

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
Potter Lyudmila A $390,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Lyudmila A $312,000
Previous Owner Preczewski Sandra A $78,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $390,000 -1.3% $504 / Sq Ft
06/24/2020 06/24/20 For Sale $395,000 -- $510 / 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 $4,411 $413,871 $302,921 $110,950
2023 $4,310 $405,756 $296,981 $108,775
2022 $4,685 $397,800 $291,157 $106,643
2021 $4,580 $390,000 $285,448 $104,552
2020 $2,411 $185,298 $62,788 $122,510
2019 $2,294 $181,665 $61,557 $120,108
2018 $2,239 $178,103 $60,350 $117,753
2017 $2,161 $174,611 $59,166 $115,445
2016 $2,123 $171,188 $58,006 $113,182
2015 $2,103 $168,617 $57,135 $111,482
2014 $2,088 $165,315 $56,016 $109,299
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20119857

California Regional Multiple Listing Service (CRMLS)

APN: 938-133-63