Seller's Agent in 2021
Jim Watson
Real Broker
(714) 342-4040
48 in this area
102 Total Sales
31 Valley Terrace Irvine, CA 92603
Turtle Ridge NeighborhoodEstimated Value: $4,048,000 - $4,571,886
5
Beds
4.5
Baths
3,250
Sq Ft
$1,349/Sq Ft
Est. Value
Highlights
- Fitness Center
- Primary Bedroom Suite
- 0.2 Acre Lot
- Vista Verde Rated A+
- Panoramic View
- Clubhouse
About This Home
As of December 2021Situated in the exclusive guard-gated community of The Summit at Turtle Ridge, 31 Valley Terrace benefits from one of the largest lots in all of Fiore offering serene canyon views from a private corner position on a secluded cul-de-sac street. Inside you’ll find approximately 3250 square feet of open living space including five generous bedrooms, one on the main level, four and one-half baths and a size-able three car garage. Additional upgrades include tumbled travertine floors, all-new interior paint with crown moldings throughout, new quartz counters, new LED lighting, French doors, and much more! The formal living room showcases a beautiful fireplace with custom masonry, a formal dining room invites you outside to a relaxing atrium with ample outdoor entertaining space perfect for dining and entertaining outside. The chef’s kitchen includes all new counters, professional grade appliances, Sub Zero Refrigerator, and a breakfast bar/nook with sit-down canyon views. The relaxing master suite features a fireplace, spa-like bathroom, and size-able third-level viewing balcony perfect for a private office/study room. Convenient proximity to award-winning Vista Verde Elementary and renowned University High with a wealth of community amenities, including two resort-style pools with spas and cabanas for lounging, playgrounds, clubhouse, theater and trails, this home leaves little to be desired.
Home Details
Home Type
- Single Family
Year Built
- Built in 2004
Lot Details
- 8,742 Sq Ft Lot
- Cul-De-Sac
- Back and Front Yard
HOA Fees
- $490 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Panoramic
- City Lights
- Hills
Home Design
- Planned Development
Interior Spaces
- 3,250 Sq Ft Home
- 2-Story Property
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
Schools
- Vista Verde Elementary And Middle School
- University High School
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 339
- Tax Tract Number 16312
- Assessor Parcel Number 47830124
- $4,595 per year additional tax assessments
Community Details
Overview
- The Summit At Turtle Ridge Association, Phone Number (949) 716-3998
- Powerstone HOA
- Fiore Subdivision
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
- Meeting Room
- Recreation Room
Recreation
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2021
Closed on
Dec 3, 2021
Sold by
Adams Scott R and Graham Kathy L
Bought by
Fou Thomas Tan and Voong Yen My
Seller's Agent
Jim Watson
Real Broker
Buyer's Agent
Jim Watson
Real Broker
List Price
$2,900,000
Sold Price
$3,200,000
Premium/Discount to List
$300,000
10.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185,472
Avg. Annual Appreciation
7.60%
Purchase Details
Closed on
Jun 16, 2015
Sold by
Adams Scott and Graham Kathy
Bought by
The Scott Adams Kathy Graham Family Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2004
Sold by
Pardee Homes
Bought by
Adams Scott and Graham Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fou Thomas Tan | $3,200,000 | Chicago Title Company | |
| The Scott Adams Kathy Graham Family Trus | -- | Arista National Title Co | |
| Adams Scott | $1,366,500 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Scott Adams Kathy Graham Family Trus | $856,000 | |
| Previous Owner | Adams Scott | $1,000,000 | |
| Closed | Adams Scott | $95,725 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2021 12/08/21 | Sold | $3,200,000 | +10.3% | $985 / Sq Ft |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- |
| 11/27/2021 11/27/21 | For Sale | $2,900,000 | -- | $892 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $38,503 | $3,466,605 | $2,708,916 | $757,689 |
| 2024 | $38,503 | $3,329,280 | $2,655,800 | $673,480 |
| 2023 | $37,733 | $3,264,000 | $2,603,725 | $660,275 |
| 2022 | $37,087 | $3,200,000 | $2,552,671 | $647,329 |
| 2021 | $22,373 | $1,775,774 | $1,227,577 | $548,197 |
| 2020 | $22,161 | $1,757,566 | $1,214,990 | $542,576 |
| 2019 | $21,793 | $1,723,104 | $1,191,166 | $531,938 |
| 2018 | $21,423 | $1,689,318 | $1,167,810 | $521,508 |
| 2017 | $21,048 | $1,656,195 | $1,144,912 | $511,283 |
| 2016 | $20,686 | $1,623,721 | $1,122,463 | $501,258 |
| 2015 | $20,335 | $1,599,332 | $1,105,603 | $493,729 |
| 2014 | -- | $1,568,004 | $1,083,946 | $484,058 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Watson
-
TJ Romano
Seller Co-Listing Agent in 2021
TJ Romano
Real Broker
(949) 293-8736
19 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21247756
APN: 478-301-24
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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