NOT LISTED FOR SALE

Estimated Value: $2,787,000 - $3,077,000

4 Beds
4.5 Baths
2,751 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $1,345,000 $489 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $17,258/month

65 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • View of Hills
  • Portola Springs Elementary Rated A
  • 0.19 Acre Lot
  • 2-minute walk to Lomas Valley Park

About This Home

As of August 2014

The grandeur of a timeless Tuscan estate meets the modern-day luxuries of this magnificent Las Colinas Estate which is situated on a spectacular one of a kind parcel situated on over 8,300 sq. ft, in the prestigious enclave of Portola Springs. Seller has invested over $240,000 in tasteful upgrades. Adorned in quality finishes that convey warmth and richness. This 3 bedroom plus office and optional 5th bedroom, 4.5 bath residence features a lushly landscaped private yard highlighted by flagstone patios, serene fountains, and enchanting covered loggia for outdoor dining. Enjoy summer evenings,dining Alfresco,barbecuing in this state of art outdoor kitchen. A large-scale kitchen features every chef's dream amenities, huge granite center island, stainless appliances. Adjoined to the kitchen is a spacious family room offering a beamed ceiling, stately cast-stone fireplace and an abundance of natural light. The sophisticated style is redefined in a sumptuous master. Master bathroom vanities are tastefully wrapped in travertine with a custom backsplash. Highlighted by a formal entry, rich hardwood flooring, plantation shutters, crown moldings, and upgraded carpeting. Custom wrought iron staircase leads to the Media room and two additional bedrooms,both Ensuite.

Last Agent to Sell the Property

Gaylene Rice

First Team Real Estate License #00716475 Listed on: 03/05/2014

First Team Real Estate

Co-Listed By

Ken Yonemitsu

Coldwell Banker Realty License #01705496

Last Buyer's Agent

Michael Mathis

HomeSmart, Evergreen Realty License #00613454

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,853

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • 8,303 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,751 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Window Screens
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Bonus Room
  • Views of Hills
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Spa Bath

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 243 / 243
  • Tax Tract Number 16779
  • Assessor Parcel Number 58003406

Community Details

Overview

  • Built by Taylor Morrison

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,853

Year Built

Built in 2009 | Remodeled

Lot Details

0

HOA Fees

$135 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Subzero Refrigerator.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Las Colinas (LASC)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58003406
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2751.00
  • Interior Amenities: Beamed Ceilings, Balcony, Ceiling Fan(s), Crown Molding, Wired for Data, Copper Plumbing Full, Pantry, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 488.91
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Bath, In Ground
  • Window Features: Blinds, Drapes, Plantation Shutters, Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • View: Hills
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Builder Name: Taylor Morrison
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Ice Maker, Microwave, Self Cleaning Oven, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 135.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Level, Lot 6500-9999, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 8303.00
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8303.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 101

Tax Info

  • Tax Block: 243
  • Tax Lot: 243
  • Tax Tract Number: 16779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2014
Sold by
Scherman Ronald A and Scherman Carol E
Bought by
Scholfield Keith A and Scholfield Shirley M
Current Estimated Value
$2,901,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,125
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2011
Sold by
Scherman Ronald A and Scherman Carol E
Bought by
Scherman Ronald A and Scherman Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2009
Sold by
Taylor Morrison Of California Llc
Bought by
Scherman Ronald A and Scherman Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scholfield Keith A $1,345,000 Ticor Title
Scherman Ronald A -- Equity Title Company
Scherman Ronald A $1,040,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scholfield Keith A $1,173,125
Previous Owner Scherman Ronald A $508,000
Previous Owner Scherman Ronald A $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $1,345,000 -2.5% $489 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
03/06/2014 03/06/14 Price Changed $1,378,900 0.0% $501 / Sq Ft
03/06/2014 03/06/14 For Sale $1,378,900 +2.5% $501 / Sq Ft
03/04/2014 03/04/14 Off Market $1,345,000 -- --
03/04/2014 03/04/14 For Sale $1,318,900 -- $479 / 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 $20,853 $1,616,484 $1,024,857 $591,627
2024 $20,853 $1,584,789 $1,004,762 $580,027
2023 $21,270 $1,553,715 $985,061 $568,654
2022 $20,831 $1,523,250 $965,746 $557,504
2021 $20,551 $1,493,383 $946,810 $546,573
2020 $20,389 $1,478,071 $937,102 $540,969
2019 $20,557 $1,449,090 $918,728 $530,362
2018 $20,547 $1,420,677 $900,714 $519,963
2017 $20,216 $1,392,821 $883,053 $509,768
2016 $19,916 $1,365,511 $865,738 $499,773
2015 $19,707 $1,345,000 $852,734 $492,266
2014 $17,275 $1,103,082 $588,909 $514,173
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14044366

California Regional Multiple Listing Service (CRMLS)

APN: 580-034-06