NOT LISTED FOR SALE

2960 Champion Way Unit 2407 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $792,000 - $808,000

2 Beds
2 Baths
1,047 Sq Ft
$390/mo HOA Fee

Last Sold February 20, 2024

Last sale price $761,000 $727 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,387/month

5 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • Ladera Elementary School Rated A
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of February 2024

UPDATED * DUAL MASTER * CORNER LOCATION * UPPER LEVEL * 2 CAR GARAGE * LAUNDRY INSIDE…Discover this beautifully upgraded 2-bedroom, 2-bathroom condo nestled in the sought-after Rancho Veracruz community in Tustin Ranch. This corner unit home boasts upgraded kitchen appliances, vaulted ceilings, and freshly painted interiors, providing a welcoming and bright atmosphere. The kitchen features remodeled cabinets and a convenient laundry area tucked away in the hallway. The cozy living room offers a fireplace and opens to two enclosed balconies, providing picturesque views and outdoor relaxation opportunities. This upper-level condo offers tranquility, lovely morning light, and ample natural daylight. Just steps away from the community pool, it enhances the resort-like feel of the neighborhood. You'll have the convenience of an oversized two-car garage and ample guest parking. Monthly HOA dues of $390 cover water and trash services, making living here even more hassle-free. Rancho Veracruz offers fantastic amenities, including multiple pools, spas, a fitness room, and clubhouse access. You'll also appreciate the proximity to the Tustin/Irvine Marketplace, parks, hiking trails, shopping, entertainment, and top-rated schools like Ladera Elementary, Pioneer Middle School, and Beckman High School. A quick bike ride to Peters Canyon trails as well as the Mountain to the Sea Trail for direct access to the beach on a paved path. With easy access to major transportation routes, this condo offers both convenience and comfort, making it the ideal place to experience the best of Orange County living. Don't miss the opportunity to make Rancho Veracruz your new home!

Last Agent to Sell the Property

Kevin Drumm

Seven Gables Real Estate License #01821235 Listed on: 01/10/2024

Seven Gables Real Estate

Co-Listed By

Sean Drumm

Seven Gables Real Estate License #01821234

Last Buyer's Agent

Tracy Davis

Compass License #02008416

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1990 | Remodeled

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,047 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Balcony

Schools

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

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813462

Community Details

Overview

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

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,552

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813462
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1047.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Separated
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 726.84
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Walk-In Closet
  • Spa Features: Association
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Forced Air
  • 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, Meeting Room, Trash, Water
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Veracruz
  • Phone: 7145089070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Suburban
  • Association Management: Rancho Veracruz

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

  • Land Lease: No

Multi Family

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

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 13824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Jan 25, 2024
Sold by
Tseng-Huynh Family Trust
Bought by
Hwang Leslie and Yang Shih-Hung
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Tracy Davis
Compass
List Price
$698,000
Sold Price
$761,000
Premium/Discount to List
$63,000
9.03%
Views
119
Current Estimated Value
$798,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,850
Avg. Annual Appreciation
3.72%
Original Mortgage
$494,650
Outstanding Balance
$488,310
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$310,540

Purchase Details

Closed on
Jan 29, 2017
Sold by
Huynh Lananh Dang and Tseng Albert
Bought by
Huynh Lan Anh Danh and Tseng Huynh Family Trust

Purchase Details

Closed on
Nov 28, 2015
Sold by
Huynh Lan Anh Dang
Bought by
Huynh Lan Anh Dang and Tseng Huynh Family Trust

Purchase Details

Closed on
Nov 4, 2011
Sold by
Huynh Lan Anh Dang
Bought by
Huynh Lananh and Tseng Albert

Purchase Details

Closed on
Feb 22, 2011
Sold by
Huynh Lan Anh Dang and Tseng Albert Kon Yu
Bought by
Huynh Lan Anh Dang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Chapman Omer
Bought by
Huynh Lan Anh Dang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 29, 1999
Sold by
Villapando Ray A and Alpuerto Dina A
Bought by
Chapman Omer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
12%

Purchase Details

Closed on
Oct 26, 1993
Sold by
Irvine Pacific
Bought by
Villapando Ray A and Villapando Dina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,450
Interest Rate
6.88%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Hwang Leslie $761,000 Chicago Title Company
Huynh Lan Anh Danh -- None Available
Huynh Lan Anh Dang -- None Available
Huynh Lananh -- None Available
Huynh Lan Anh Dang -- None Available
Huynh Lan Anh Dang $473,000 Lawyers Title
Chapman Omer $168,000 --
Villapando Ray A $156,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Leslie $494,650
Previous Owner Huynh Lan Anh Dang $341,250
Previous Owner Huynh Lan Anh Dang $47,000
Previous Owner Huynh Lan Anh Dang $378,000
Previous Owner Chapman Omer $216,000
Previous Owner Chapman Omer $142,800
Previous Owner Villapando Ray A $159,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $761,000 +9.0% $727 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $698,000 -- $667 / 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 $6,552 $621,288 $374,121 $247,167
2023 $6,403 $609,106 $366,785 $242,321
2022 $6,241 $548,760 $342,086 $206,674
2021 $6,102 $538,000 $335,378 $202,622
2020 $6,082 $538,000 $335,378 $202,622
2019 $6,073 $538,000 $335,378 $202,622
2018 $6,057 $538,000 $335,378 $202,622
2017 $5,086 $449,755 $254,888 $194,867
2016 $5,083 $449,755 $254,888 $194,867
2015 $5,023 $443,000 $251,060 $191,940
2014 $4,354 $377,364 $185,424 $191,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24004203

California Regional Multiple Listing Service (CRMLS)

APN: 938-134-62