NOT LISTED FOR SALE

Estimated Value: $2,478,000 - $2,856,000

4 Beds
4 Baths
3,425 Sq Ft
$789/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $1,490,000 $435 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $16,373/month

64 Days on Market

Highlights

  • Heated Spa
  • RV Access or Parking
  • Gated Community
  • Gerald F. Litel Elementary School Rated A
  • Primary Bedroom Suite
  • 0.6 Acre Lot

About This Home

As of November 2015

Price Reduction! Spectacular home situated in the prestigious gated Payne Ranch community-- Tucked away at the end of a cul-de-sac this premium lot is the site of one the few original custom Homes built in Phase I. This home boasts complete privacy & breathtaking greenbelt views; an open, spacious floor plan with dramatic cathedral ceilings, high windows for incredible natural lighting and custom woodwork throughout. It has four large master bedrooms (two upstairs, two down) and a spacious open landing used as an office. Grand Master offers double-sided fireplace, retreat and balcony to sip your morning coffee. The home has a dual a/c system for maximum comfort. This large .60 acre lot features park-like settings, pool, spa, basketball court, RV Parking, circular driveway with lots of additional parking, . The oversized drive way can accommodate many cars. It is school zoned for award-winning Ayala High School, steps away from the Civic Center and nearby high end upscale shops. The list of amenities this stunning home boasts is endless; it features everything and will please the most discriminating of home buyers. It is the ultimate entertainers dream.

Last Agent to Sell the Property

Molly Kurzbard

T.N.G. Real Estate Consultants License #01810470 Listed on: 08/04/2015

T.N.G. Real Estate Consultants

Last Buyer's Agent

Lisa Vakharia

Lisa Shepherd Vakharia License #01276231

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.6 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wrought Iron Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Tudor Architecture
  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation

Interior Spaces

  • 3,425 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Two Way Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Atrium Windows
  • Formal Entry
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 4 Full Bathrooms

Accessible Home Design

  • Customized Wheelchair Accessible
  • More Than Two Accessible Exits

Pool

  • Heated Spa
  • In Ground Spa
  • Private Pool

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 11560
  • Assessor Parcel Number 1024061100000

Community Details

Overview

  • Payne Ranch Association
  • Built by Toll Brothers

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$185 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Gated Community
  • View: Yes
  • Architectural Style: Tudor
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1024061100000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3425.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, Customized Wheelchair Accessible
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Great Room, Master Bedroom, Two Way
  • Levels: Two
  • Price Per Square Foot: 435.04
  • Room Type: Family Room, Formal Entry, Great Room, Master Bedroom, Main Floor Bedroom, Master Suite, Retreat, Two Masters
  • Spa Features: Heated, In Ground
  • Window Features: Atrium, Custom Covering, Drapes, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Courtyard
  • Fence: Yes
  • Fencing: Wrought Iron
  • Builder Name: Toll Brothers
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, RV Access/Parking, Garage Faces Side, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Payne Ranch
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Landscaped, Level with Street, Lot 20000-39999 Sqft, Paved, Planned Unit Development, Sprinkler System, Yard
  • Lot Size Sq Ft: 26250.00
  • Price Per Lot Square Foot: 56.76
  • Lot Size Acres: 0.6030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26250.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 11560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Oct 19, 2015
Sold by
Almada Albert C and Almada Cynthia D
Bought by
The Vithlani Family Trust
Seller's Agent
Molly Kurzbard
T.N.G. Real Estate Consultants
Buyer's Agent
Lisa Vakharia
Lisa Shepherd Vakharia
List Price
$1,588,888
Sold Price
$1,490,000
Premium/Discount to List
-$98,888
-6.22%
Current Estimated Value
$2,675,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185,969
Avg. Annual Appreciation
6.11%
Original Mortgage
$1,000,000
Outstanding Balance
$765,909
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,936,197

Purchase Details

Closed on
Jan 2, 2009
Sold by
Almada Albert and Almada Cindi
Bought by
Almada Albert C and Almada Cynthia D

Purchase Details

Closed on
Aug 26, 2004
Sold by
Lopez Tony Pedregon
Bought by
Almada Albert and Almada Cindi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2000
Sold by
Brown Leslie W
Bought by
Lopez Tony Pedregon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Brown Kathryn Irene
Bought by
Brown Leslie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.43%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Swangel Gordon L and Swangel Patricia A T
Bought by
Brown Leslie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.43%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Swangel Gordon L and Swangel Patricia A
Bought by
Swangel Gordon L and Swangel Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Vithlani Family Trust $1,490,000 First American Title
Almada Albert C -- None Available
Almada Albert $1,100,000 First American
Lopez Tony Pedregon $675,000 Old Republic Title Company
Brown Leslie W -- Old Republic Title Company
Brown Leslie W -- First American Title Ins Co
Brown Leslie W $550,000 First American Title Ins Co
Swangel Gordon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Vithlani Family Trust $1,000,000
Previous Owner Almada Albert $800,000
Previous Owner Lopez Tony Pedregon $540,000
Previous Owner Brown Leslie W $350,000
Closed Lopez Tony Pedregon $67,500
Closed Almada Albert $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $1,490,000 -4.4% $435 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/08/2015 09/08/15 Price Changed $1,558,888 -1.7% $455 / Sq Ft
09/03/2015 09/03/15 Price Changed $1,585,888 -0.2% $463 / Sq Ft
08/04/2015 08/04/15 For Sale $1,588,888 -- $464 / 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 $25,834 $2,389,971 $617,351 $1,772,620
2024 $25,834 $2,343,109 $605,246 $1,737,863
2023 $25,117 $2,297,165 $593,378 $1,703,787
2022 $24,314 $2,193,123 $581,743 $1,611,380
2021 $21,565 $1,944,532 $570,336 $1,374,196
2020 $19,719 $1,782,823 $564,488 $1,218,335
2019 $17,529 $1,581,200 $553,420 $1,027,780
2018 $17,141 $1,550,196 $542,569 $1,007,627
2017 $16,835 $1,519,800 $531,930 $987,870
2016 $15,727 $1,490,000 $521,500 $968,500
2015 $13,327 $1,275,793 $446,528 $829,265
2014 $13,614 $1,250,802 $437,781 $813,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15170843

California Regional Multiple Listing Service (CRMLS)

APN: 1024-061-10