$470,000
SOLD OCT 13, 2021

2960 Champion Way Unit 2714 Tustin, CA 92782

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

Recently Sold

$607 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Spa
  • No Units Above
  • Property is near a park
  • Ladera Elementary School Rated A
  • View of Trees or Woods
  • Covered patio or porch

About This Home

As of October 2021

End unit and located on the top floor of the desirable Rancho Veracruz community, this 1 bedroom, 1 bath condo welcomes you to an open layout filled with natural light, fresh paint and hard surface flooring throughout.

Amenities include central heat and air, in-unit laundry, designated carport parking, along with plenty of parking throughout the community. Sliding glass doors flow to the private patio, a choice spot for morning coffee and evening social time. HOA includes water, trash, insurance, access to spas, pools, gym and clubhouse. The Rancho Veracruz community is also adjacent to the Tustin Ranch Golf Course, giving off that resort-style living vibe. Up the street you can find a plethora of dining at the Tustin Market Place, entertainment and recreation/hiking trails. Don’t miss out on the best of Orange County living at a great price. All appliances are included in the sale.

Last Agent to Sell the Property

Tracy Ly

Greenpoint Real Estate Services License #02076053 Listed on: 09/14/2021

Co-Listed By

Aldo Baltodano

Greenpoint Real Estate Services License #01879659

Last Buyer's Agent

Lokesh Bharadwaj

KLM Golden Real Estate Inc. License #01825571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1992

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Common Roof

Interior Spaces

  • 774 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Parking Lot

Outdoor Features

  • Spa
  • Living Room Balcony
  • Covered patio or porch

Location

  • Property is near a park

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813488
  • $565 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,200

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: 93813488
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 774.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 607.24
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Trees/Woods
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Gas Water Heater, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Optimum Property Management
  • Phone: 7145089070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Optimum Property Management

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: Park Nearby

Multi Family

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

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 8
  • Tax Tract Number: 13824
  • TaxOtherAnnualAssessmentAmount: 565.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 8, 2021
Sold by
Oh Sun Hee
Bought by
Alvano Austin Joseph Herrera and Alvano Manuel
Seller's Agent
Tracy Ly
Greenpoint Real Estate Services
Buyer's Agent
Lokesh Bharadwaj
KLM Golden Real Estate Inc.
List Price
$459,000
Sold Price
$470,000
Premium/Discount to List
$11,000
2.4%
Current Estimated Value
$597,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,970
Avg. Annual Appreciation
6.47%
Original Mortgage
$423,000
Outstanding Balance
$389,898
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$206,446

Purchase Details

Listed on
Jan 13, 2015
Closed on
Jan 30, 2015
Sold by
Guo Jin
Bought by
Oh Sun Hee
Seller's Agent
Jason Zwolak
First Team Real Estate
Buyer's Agent
Robert Choi
Sunny Hills Real Estate, Inc.
List Price
$309,888
Sold Price
$299,000
Premium/Discount to List
-$10,888
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Speight Calvin J
Bought by
Guo Jin

Purchase Details

Closed on
Jun 29, 2005
Sold by
Singleton Mary
Bought by
Speight Calvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,475
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2002
Sold by
Singleton Mary
Bought by
Singleton Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,170
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2001
Sold by
Singleton George
Bought by
Singleton Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,904
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2001
Sold by
Singleton Roxanne Lee
Bought by
Singleton William J
Source: Public Records

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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 $470,000 Wfg National Title Company
Grant Deed $299,000 Ticor Title Company
Grant Deed $200,000 California Title Company
Grant Deed $350,000 Alliance Title
Interfamily Deed Transfer -- American Title
Interfamily Deed Transfer -- New Century Title Company
Grant Deed $162,500 New Century Title Company
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,000 New Conventional
Previous Owner $316,000 Negative Amortization
Previous Owner $39,500 Credit Line Revolving
Previous Owner $87,475 Credit Line Revolving
Previous Owner $262,425 New Conventional
Previous Owner $154,170 FHA
Previous Owner $155,904 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $470,000 +2.4% $607 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $459,000 -2.3% $593 / Sq Ft
09/18/2021 09/18/21 Off Market $470,000 -- --
09/14/2021 09/14/21 For Sale $459,000 +53.5% $593 / Sq Ft
02/13/2015 02/13/15 Sold $299,000 -3.5% $380 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $309,888 +3.6% $394 / Sq Ft
11/24/2014 11/24/14 Off Market $299,000 -- --
09/23/2014 09/23/14 For Sale $309,888 -- $394 / 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 $5,200 $488,988 $378,591 $110,397
2023 $5,082 $479,400 $371,167 $108,233
2022 $5,443 $470,000 $363,889 $106,111
2021 $3,899 $331,984 $219,201 $112,783
2020 $3,843 $328,580 $216,953 $111,627
2019 $3,768 $322,138 $212,699 $109,439
2018 $3,684 $315,822 $208,528 $107,294
2017 $3,575 $309,630 $204,439 $105,191
2016 $3,509 $303,559 $200,430 $103,129
2015 $2,529 $209,020 $107,179 $101,841
2014 $2,505 $204,926 $105,079 $99,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21201780

California Regional Multiple Listing Service (CRMLS)

APN: 938-134-88