NOT LISTED FOR SALE

Estimated Value: $3,149,000 - $4,441,000

3 Beds
3.5 Baths
2,651 Sq Ft
$1,491/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $1,560,000 $588 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $24,049/month

354 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Primary Bedroom Suite
  • Vista Verde Rated A+
  • Private Pool
  • 0.14 Acre Lot

About This Home

As of June 2014

Welcome to Home to The Summit at Turtle Ridge! This spacious Ledges Plan 1 is perfect for both indoor and outdoor living. Home features an abundance of natural light and spacious living areas. Gourmet Kitchen with custom finishes, granite counters and upgrades extends toward an over sized Great Room. An adjacent Breakfast Nook overlooks the tranquil Backyard. Unique Home features include hardwood flooring throughout main floor, Butler's Pantry, stainless steel appliances, double oven, and 6 burner range. The Great Room offers an impressive and inviting Fireplace as well as doors that can be opened to the private Backyard. Luxurious Master Suite has spacious Walk-In Closet and outdoor Deck for lounging. Polished Master Bath has an inviting soaking tub. Easy access Laundry Room located upstairs. An additional, private Guest Casita with separate entrance, features a walk-in closet and full bath. The Summit at Turtle Ridge offers numerous amenities including two swimming pools, spas, theater, clubhouse, cabanas, gym, play areas, picnic areas, scenic walking trails and 24 hour guard gates. Be a part of the Award Winning Irvine Unified School District including University High and Vista Verde.

Last Agent to Sell the Property

Steve Reddy

Hanu Reddy Realty License #00882549 Listed on: 06/01/2013

Co-Listed By

Lakshmi Reddy

Hanu Reddy Realty License #01738513

Last Buyer's Agent

Steve Reddy

Hanu Reddy Realty License #00882549 Listed on: 06/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,283

Year Built

  • Built in 2004

Lot Details

  • 6,116 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,651 Sq Ft Home
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • French Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 125
  • Tax Tract Number 16312
  • Assessor Parcel Number 47838134

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,283

Year Built

Built in 2004

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Fire Sprinkler System, Gated with Guard
  • Subdivision Name Other: Ledges (LEDG)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47838134
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2651.00
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Gas, Great Room
  • Levels: Two
  • Price Per Square Foot: 588.46
  • Room Type: Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Gas Range, Range Hood, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Gym/Ex Room, Meeting Room, Picnic Area, Playground, Pool, Spa/Hot Tub
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Size Sq Ft: 6116.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6116.0000 Square Feet
  • Number Of Units In Community: 76
  • Number Of Units Total: 76

Tax Info

  • Tax Lot: 125
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
May 23, 2014
Sold by
Pachnanda Alok A and Juneja Kanika
Bought by
Pami Vahid and Parsi Karima B
Seller's Agent
Steve Reddy
Hanu Reddy Realty
Buyer's Agent
Steve Reddy
Hanu Reddy Realty
List Price
$1,799,900
Sold Price
$1,560,000
Premium/Discount to List
-$239,900
-13.33%
Current Estimated Value
$3,951,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,391,836
Avg. Annual Appreciation
8.26%
Original Mortgage
$1,170,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2010
Sold by
Pachnanda Alok A
Bought by
Pachnanda Alok A and Juneja Kanika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Richmond American Homes Of Ca Inc
Bought by
Pachnanda Alok Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Pami Vahid $1,560,000 Chicago Title Company
Pachnanda Alok A -- Stewart Title
Pachnanda Alok Alexander $1,235,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsi Karima B $747,000
Closed Parsi Vahid $350,000
Closed Pami Vahid $1,170,000
Previous Owner Pachnanda Alok A $729,750
Previous Owner Pachnanda Alok Alexander $169,700
Previous Owner Pachnanda Alok Alexander $123,500
Previous Owner Pachnanda Alok Alexander $988,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $1,560,000 -5.4% $588 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/18/2014 04/18/14 Price Changed $1,649,900 +0.1% $622 / Sq Ft
04/18/2014 04/18/14 Price Changed $1,649,000 -2.9% $622 / Sq Ft
03/19/2014 03/19/14 Price Changed $1,699,000 -4.3% $641 / Sq Ft
02/05/2014 02/05/14 Price Changed $1,775,000 -1.4% $670 / Sq Ft
06/01/2013 06/01/13 For Sale $1,799,900 -- $679 / 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 $25,283 $2,055,442 $1,222,212 $833,230
2024 $25,283 $2,015,140 $1,198,247 $816,893
2023 $24,757 $1,975,628 $1,174,752 $800,876
2022 $24,329 $1,936,891 $1,151,718 $785,173
2021 $23,900 $1,898,913 $1,129,135 $769,778
2020 $23,597 $1,879,442 $1,117,557 $761,885
2019 $23,189 $1,842,591 $1,095,644 $746,947
2018 $22,522 $1,780,404 $1,074,161 $706,243
2017 $21,239 $1,647,741 $1,053,099 $594,642
2016 $20,871 $1,615,433 $1,032,450 $582,983
2015 $20,514 $1,591,168 $1,016,941 $574,227
2014 $18,787 $1,404,303 $843,958 $560,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13103100

California Regional Multiple Listing Service (CRMLS)

APN: 478-381-34