NOT LISTED FOR SALE

2960 Champion Way Unit 1907 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $787,000 - $840,013

2 Beds
2 Baths
1,047 Sq Ft
$345/mo HOA Fee

Last Sold June 30, 2021

Last sale price $630,000 $602 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,441/month

4 Days on Market

Highlights

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

About This Home

As of June 2021

(more photos coming soon!) Beautiful 2Br/ 2 Bath (dual master suites), top floor, well-maintained with a detached 2 car garage condo in the highly desireable community of Rancho Veracruz. Adult pool overlooks the golf course community of Rancho Veracruz. Plus an additional pool for families and kids. Each bedroom has its own bathtub & walk-in closet. This unit comes with inside laundry hook ups, fireplace in living room, front porch, and sunny balcony.

Award winning schools in Tustin Unified School District - Ladera Elementary, Pioneer Middle and Beckman High School. Minutes from Peter's Canyon Trails & Irvine Regional Parks as well as many hiking, biking, walking trails, golf course, shopping malls, with easy access to freeways.

Last Listed By

Katie Brown

L.A. Valley Realty Inc. License #01824292 Listed on: 05/21/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,002

Year Built

  • Built in 1990

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Property Views

  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Wood Roof
  • Asphalt Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • 220 Volts
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 938
  • Assessor Parcel Number 93813410

Community Details

Overview

  • Front Yard Maintenance
  • 347 Units
  • Rancho Veracruz Association, Phone Number (714) 508-9070
  • Optimum Property Mgmt HOA
  • Rancho Veracruz Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Horse Trails
  • Bike Trail

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,002

Year Built

Built in 1990

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813410
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1047.00 Square Feet
  • Interior Amenities: Balcony, Ceramic Counters, High Ceilings, Open Floorplan, Storage, Tile Counters
  • Stories: 1
  • Entry Location: 2nd floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 601.72
  • Room Type: All Bedrooms Up, Living Room
  • Spa Features: Association
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt, Common Roof, Wood
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: 220 Volts
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Maintenance Front Yard
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Veracruz
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Horse Trails, Park, Sidewalks
  • Association Management: Optimum Property MGMT

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
  • Lot Features: Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 347
  • Number Of Units Total: 327

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 938...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 25, 2021
Sold by
Sung Miryung
Bought by
Lee Tae Joo
Seller's Agent
Katie Brown
L.A. Valley Realty Inc.
Buyer's Agent
Jackie Kim
New Star Realty & Investment
List Price
$555,000
Sold Price
$630,000
Premium/Discount to List
$75,000
13.51%
Total Days on Market
4
Current Estimated Value
$813,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,753
Avg. Annual Appreciation
6.67%
Original Mortgage
$450,000
Outstanding Balance
$414,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$393,382

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 17, 2021
Sold by
Rosselit Bernadette
Bought by
Lee Tae Joo
Seller's Agent
Katie Brown
L.A. Valley Realty Inc.
Buyer's Agent
Jackie Kim
New Star Realty & Investment
List Price
$555,000
Sold Price
$630,000
Premium/Discount to List
$75,000
13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$414,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$393,382

Purchase Details

Closed on
Dec 30, 1996
Sold by
Hud
Bought by
Rosselit Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,700
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1996
Sold by
North American Mtg Company
Bought by
Hud

Purchase Details

Closed on
Nov 22, 1993
Sold by
Irvine Pacific
Bought by
Bracamontes Rick and Bracamontes Lorie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,850
Interest Rate
5.5%
Mortgage Type
FHA

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
Lee Tae Joo -- Monarch Title Company
Lee Tae Joo $630,000 Monarch Title Company
Rosselit Bernadette $126,500 --
Hud -- American Title Ins Co
North American Mtg Company $152,748 American Title Ins Co
Bracamontes Rick $153,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tae Joo $450,000
Previous Owner Rosselit Bernadette $327,325
Previous Owner Rosselit Bernadette $325,000
Previous Owner Rosselit Bernadette $50,000
Previous Owner Rosselit Bernadette $124,000
Previous Owner Rosselit Bernadette $122,700
Previous Owner Bracamontes Rick $145,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $630,000 +13.5% $602 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $555,000 -- $530 / 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 $7,002 $668,561 $509,124 $159,437
2023 $6,841 $655,452 $499,141 $156,311
2022 $7,169 $642,600 $489,353 $153,247
2021 $2,604 $203,116 $28,374 $174,742
2020 $2,561 $201,034 $28,083 $172,951
2019 $2,513 $197,093 $27,533 $169,560
2018 $2,455 $193,229 $26,993 $166,236
2017 $2,374 $189,441 $26,464 $162,977
2016 $2,333 $185,727 $25,945 $159,782
2015 $2,312 $182,938 $25,556 $157,382
2014 $2,294 $179,355 $25,055 $154,300
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21109002

California Regional Multiple Listing Service (CRMLS)

APN: 938-134-10