$389,000
SOLD AUG 9, 2021

2960 Champion Way Unit 2005 Tustin, CA 92782

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

Recently Sold

$764 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Ladera Elementary School Rated A
  • Spa
  • Deck

About This Home

As of August 2021

End unit located in the heart of Tustin Ranch with nobody above or below the unit (carriage unit above garages) ~ Least expensive property in all of Tustin at the moment ~ "Rancho Vera Cruz" complex featuring resort like community amenities and this unit is located in rare 2 story building within steps of pool-spa-clubhouse-fitness center (HOA dues includes water & trash) ~ Assigned #395 carport right outside your door ~ Inside laundry with stackable washer/dryer included ~ Light and bright open floor plan with high ceilings-wood like flooring-private deck off living room ~ White kitchen overlooking living room with cozy eating bar ~ Bedroom features volume ceilings and generous walk-in closet ~ Conveniently located next to Tustin Ranch golf course, Tustin marketplace, toll roads, walking/hiking trails, Peter's Canyon, and Irvine Regional Park ~ Fantastic location surrounded by higher end properties

Last Agent to Sell the Property

Chris Fry

Oaktree Realtors License #00576671 Listed on: 06/18/2021

Last Buyer's Agent

Regina Singh

Elevate by Mantra License #01379774

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 509 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813414

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,325

Year Built

Built in 1990

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stackable washer/dryer and refrigerator w/o warranty
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813414
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 509.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Open Floorplan, Tile Counters
  • Stories: 2
  • Entry Location: Exterior stairs
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 764.24
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Stackable
  • 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, Maintenance Grounds, Trash, Water
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Vera Cruz
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Golf, 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: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 13824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 26, 2021
Sold by
Mclean Stephen J and Mclean Gail A
Bought by
Mutneja Manpreet
Seller's Agent
Chris Fry
Oaktree Realtors
Buyer's Agent
Regina Singh
Elevate by Mantra
List Price
$395,000
Sold Price
$389,000
Premium/Discount to List
-$6,000
-1.52%
Current Estimated Value
$522,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,583
Avg. Annual Appreciation
7.42%
Original Mortgage
$311,200
Outstanding Balance
$286,394
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$231,896

Purchase Details

Listed on
Jun 17, 2014
Closed on
Oct 6, 2014
Sold by
Rolfe Carolyn Susan
Bought by
The Mclean Family Trust
Seller's Agent
Kristina Lightman
Seven Gables Real Estate
Buyer's Agent
Chris Fry
Oaktree Realtors
List Price
$269,000
Sold Price
$252,500
Premium/Discount to List
-$16,500
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$227,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2013
Sold by
Rolfe Carolyn S
Bought by
Rolfe Carolyn Susan and Fishelberg Marie Ann

Purchase Details

Closed on
Jul 19, 1999
Sold by
Hyatt Richard H and Hyatt Sue A
Bought by
Rolfe Carolyne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
7.64%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 30, 1999
Sold by
Ann Burke Elizabeth and Ann Elizabeth
Bought by
Hyatt Richard H and Hyatt Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.79%

Purchase Details

Closed on
Feb 28, 1999
Sold by
Kirkwood Stephen
Bought by
Kirkwood Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.79%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Marino Lawrence Robert
Bought by
Burke Elizabeth Ann

Purchase Details

Closed on
Sep 1, 1993
Sold by
Irvine Pacific
Bought by
Burke Elizabeth A and Marino Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,200
Interest Rate
6.81%
Mortgage Type
FHA
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
Grant Deed $389,000 Fidelity Natl Ttl Orange Cnt
Grant Deed $252,500 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $90,000 Fidelity National Title Ins
Grant Deed $90,000 Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Quit Claim Deed -- --
Grant Deed $83,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,200 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $227,000 New Conventional
Previous Owner $104,700 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $115,500 Unknown
Previous Owner $80,910 Stand Alone First
Previous Owner $71,900 No Value Available
Previous Owner $80,200 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $389,000 0.0% $764 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/28/2021 06/28/21 Price Changed $389,000 -1.5% $764 / Sq Ft
06/18/2021 06/18/21 For Sale $395,000 0.0% $776 / Sq Ft
10/24/2018 10/24/18 Rented $1,725 0.0% --
09/25/2018 09/25/18 For Rent $1,725 0.0% --
09/17/2018 09/17/18 Rented $1,725 0.0% --
09/08/2018 09/08/18 For Rent $1,725 0.0% --
10/31/2014 10/31/14 Sold $252,500 +1.0% $454 / Sq Ft
09/13/2014 09/13/14 Price Changed $250,000 -3.8% $450 / Sq Ft
08/12/2014 08/12/14 Price Changed $260,000 -3.3% $468 / Sq Ft
06/17/2014 06/17/14 For Sale $269,000 -- $484 / 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 $4,325 $412,809 $337,113 $75,696
2024 $4,325 $404,715 $330,503 $74,212
2023 $4,226 $396,780 $324,023 $72,757
2022 $4,603 $389,000 $317,669 $71,331
2021 $3,440 $280,354 $204,068 $76,286
2020 $3,389 $277,480 $201,976 $75,504
2019 $3,324 $272,040 $198,016 $74,024
2018 $3,251 $266,706 $194,133 $72,573
2017 $3,153 $261,477 $190,327 $71,150
2016 $3,096 $256,350 $186,595 $69,755
2015 $3,064 $252,500 $183,792 $68,708
2014 $1,620 $112,710 $41,189 $71,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21117118

California Regional Multiple Listing Service (CRMLS)

APN: 938-134-14