NOT LISTED FOR SALE

Estimated Value: $2,646,000 - $3,202,372

4 Beds
3.5 Baths
2,897 Sq Ft
$985/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $1,247,192 $431 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $17,232/month

215 Days on Market

Highlights

  • Parking available for a boat
  • In Ground Spa
  • Primary Bedroom Suite
  • California Elementary School Rated A
  • Solar Power System
  • Golf Course View

About This Home

As of July 2014

4 Bedroom, 3 bath home on one of the most prestigious streets in Mesa Verde. This golf course view home is on the 15th fairway. Formal dining, family room downstairs, bonus room upstairs. Upgraded oversized kitchen with walk in pantry. 1 bedroom downstairs. Huge master has dual dressing area & walk in closet! Custom pool & spa, turf putting green and built in BBQ. Home has Solar electric on the roof. Tax records show a 5 bedroom, currently set up as a 4 bedroom with 1 bedroom/ office located on the 1st floor.

Last Agent to Sell the Property

Larry Weichman

Weichman Real Estate License #00573423 Listed on: 11/07/2013

Last Buyer's Agent

Larry Weichman

Weichman Real Estate License #00573423 Listed on: 11/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,195

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.33

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Golf Course
  • Woods
  • Pool

Home Design

  • Raised Foundation
  • Slate Roof
  • Copper Plumbing

Interior Spaces

  • 2,897 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Spa
  • Private Pool
  • Waterfall Pool Feature

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • California Elementary School
  • Tewinkle Middle School
  • Estancia High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Solar Power System
  • 0.33 Acre Lot

Community Details

  • No Home Owners Association
  • Custom Homes North Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2998
  • Assessor Parcel Number 13946120

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,195

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: Custom Homes North (MGCN)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 13946120
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2897.00
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Copper Plumbing Full, Granite Counters, Wet Bar
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 430.51
  • Room Type: Great Room, Living Room, Master Suite, Walk-In Pantry, Office
  • Spa Features: In Ground, Private
  • Window Features: Custom Covering, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Golf Course, Pool, Trees/Woods
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Private, Waterfall
  • Pool Private: Yes
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Boat, Concrete, Garage Faces Front, Direct Garage Access, Garage Door Opener, Off Street, RV Potential, RV Access/Parking, Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Refrigerator, Warming Drawer
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: California
  • Middle School: Tewinkle
  • High School: Estancia
  • Elementary School: California
  • High School: Estancia
  • Middle Or Junior School: Tewinkle
  • Elementary School #2: CALIFO
  • High School2: ESTANC

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14375.00
  • Lot Size Acres: 0.3300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14375.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 2998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Penjoyan Michael R and Penjoyan Jennifer A
Bought by
Penjoyan Michael R and Penjoyan Jennifer A
Current Estimated Value
$2,853,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$289,550
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,583,057

Purchase Details

Closed on
Apr 10, 2017
Sold by
Penjoyan Michael R and Penjoyan Jennifer A
Bought by
Penjoyan Michael R and Penjoyan Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jul 22, 2014
Sold by
Penjoyan Michael R and Penjoyan Jennifer A
Bought by
Michael R Penjoyan Family Trust
Seller's Agent
Larry Weichman
Weichman Real Estate
Buyer's Agent
Larry Weichman
Weichman Real Estate
List Price
$1,500,000
Sold Price
$1,247,192
Premium/Discount to List
-$252,808
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$625,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 7, 2013
Closed on
Jun 17, 2014
Sold by
Balding Thomas Lee and Balding James Judson
Bought by
Penjoyan Michael R and Penjoyan Jennifer A
Seller's Agent
Larry Weichman
Weichman Real Estate
Buyer's Agent
Larry Weichman
Weichman Real Estate
List Price
$1,500,000
Sold Price
$1,247,192
Premium/Discount to List
-$252,808
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2009
Sold by
Balding Thomas L
Bought by
Balding Thomas L and Balding Survivors Trust

Purchase Details

Closed on
Sep 29, 2005
Sold by
Balding Thomas L and Balding Colletta
Bought by
Balding Thomas L and Balding Colletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Penjoyan Michael R -- Accommodation
Penjoyan Michael R -- First American Title Company
Penjoyan Michael R -- Wfg National Title Insurance
Michael R Penjoyan Family Trust -- Accommodation
Penjoyan Michael R $1,247,500 Lawyers Title Corp
Balding Thomas L -- None Available
Balding Thomas L -- First American Title Co
Balding Thomas L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penjoyan Michael R $397,500
Closed Penjoyan Michael R $424,100
Closed Penjoyan Michael R $625,000
Previous Owner Balding Thomas L $359,000
Previous Owner Balding Thomas L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $1,247,192 -4.1% $431 / Sq Ft
06/03/2014 06/03/14 Price Changed $1,300,000 -6.5% $449 / Sq Ft
03/18/2014 03/18/14 Price Changed $1,390,000 -4.1% $480 / Sq Ft
01/24/2014 01/24/14 Price Changed $1,450,000 -3.3% $501 / Sq Ft
11/07/2013 11/07/13 For Sale $1,500,000 -- $518 / 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 $20,195 $1,858,460 $1,136,819 $721,641
2024 $20,195 $1,822,020 $1,114,528 $707,492
2023 $19,636 $1,786,295 $1,092,675 $693,620
2022 $19,162 $1,751,270 $1,071,250 $680,020
2021 $18,777 $1,716,932 $1,050,245 $666,687
2020 $18,509 $1,699,327 $1,039,476 $659,851
2019 $18,117 $1,666,007 $1,019,094 $646,913
2018 $17,753 $1,633,341 $999,112 $634,229
2017 $17,444 $1,601,315 $979,521 $621,794
2016 $17,056 $1,569,917 $960,315 $609,602
2015 $13,811 $1,247,192 $945,891 $301,301
2014 $3,034 $228,121 $57,195 $170,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13226706

California Regional Multiple Listing Service (CRMLS)

APN: 139-461-20