NOT LISTED FOR SALE

Estimated Value: $2,762,009 - $3,292,000

5 Beds
7 Baths
5,900 Sq Ft
$497/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $2,475,000 $419 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,392/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Maid or Guest Quarters
  • Oak Ridge Elementary School Rated A
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of April 2022

PRICED for Sale! HURRY UP! IT’S A GREAT DEAL! Magnificent Custom Home located in the upscale private community known as Vellano. Vellano is known as the most exclusive residential enclave in the Inland Empire and it’s considered to be the "Beverly Hills" of Chino Hills. The neighborhood is surrounded by rolling hills and panoramic views of canyons & mountains by day & breathtaking city light views by night. Main features include 5 spacious bedroom suites (2 are downstairs, 3 upstairs), 5 full nicely appointed bathrooms, and 2 half baths on each floor, 5900 sqft of elegance and luxury. Home feels much larger due to the open floorpan, 3 car garage & an enormous rear yard with room for a pool. Lot size is 16104. The elegant exterior shows like a very Grand Custom Home. Custom quality interior features include a grand entryway with an elegant sweeping custom wrought iron staircase, beautiful hardwood floors throughout 1st level, upgrade sculptured carpet on 2nd level, spacious great room & dining room, gourmet kitchen with granite counter tops & commercial grade stainless steel appliances including 8 burner Wolf oven plus a separate Chinese kitchen with 2 additional ovens and Sub Zero refrigerator. One spacious bedroom suite with private bath downstairs includes rear yard access, 4 spacious private bedrooms suites upstairs plus spacious loft and a multi-purpose media room. This is a very special and unique property that you'll be proud to own. Call today to arrange a tour. This house is upgraded with custom drapes, magnificent crystal chandeliers and high end smart toilets! All furniture is not included but negotiable!Owner only stayed in the house about half year. Sold as is, no repairs.

Last Agent to Sell the Property

Melani Li

T.N.G. Real Estate Consultants License #01861691 Listed on: 02/12/2022

T.N.G. Real Estate Consultants

Last Buyer's Agent

Melani Li

T.N.G. Real Estate Consultants License #01861691 Listed on: 02/12/2022

T.N.G. Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,431

Year Built

  • Built in 2014

Lot Details

  • 0.37 Acre Lot
  • Sprinkler System

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 5,900 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Custom Window Coverings
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Bonus Room
  • Views of Woods

Kitchen

  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 15164
  • Assessor Parcel Number 1017903170000
  • $33,329 per year additional tax assessments

Community Details

Overview

  • Keystone/ Vellano HOA Kaylin Portitt Association, Phone Number (909) 297-2553
  • Built by Keystone/ Vellano HOA Kaylin Portitt

Recreation

  • Hiking Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,431

Year Built

Built in 2014

Lot Details

0

HOA Fees

$465 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: Melanie
  • Inclusions: Custom drapes, magnificent crystal chandeliers and high end smart toilets!
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1017903170000
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5900.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 419.49
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Custom Covering, Drapes

Exterior Features

  • View: Trees/Woods
  • Builder Name: Keystone/ Vellano HOA Kaylin Portitt
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Keystone/ Vellano HOA Kaylin Portitt
  • Amenities: Management
  • Association Fee: 465.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone/ Vellano HOA Kaylin Portitt
  • Phone: 9092972553
  • Senior Community: No
  • Community Features: Hiking, Sidewalks, Street Lights
  • Association Management: Keystone/ Vellano HOA Kaylin Portitt
  • Association Management 2: Keystone/ Vellano HOA Kaylin Portitt

Schools

  • School District: Chino Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 16104.00
  • Lot Size Acres: 0.3697

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16104.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1.11
  • Tax Lot: 182
  • Tax Tract Number: 15164
  • TaxOtherAnnualAssessmentAmount: 33329.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 15, 2022
Sold by
Mei Zhang
Bought by
Kumar Rajiv and Singh Neetu
Seller's Agent
Melani Li
T.N.G. Real Estate Consultants
Buyer's Agent
Melani Li
T.N.G. Real Estate Consultants
List Price
$2,699,999
Sold Price
$2,475,000
Premium/Discount to List
-$224,999
-8.33%
Current Estimated Value
$2,934,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,752
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Apr 29, 2016
Closed on
Aug 11, 2016
Sold by
Vista Vellano Llc
Bought by
Zhang Mei
Seller's Agent
Percy Segura
KING REALTY GROUP, INC
Buyer's Agent
Ken Wang
The Real Brokerage, Inc.
List Price
$3,200,000
Sold Price
$2,650,000
Premium/Discount to List
-$550,000
-17.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2012
Sold by
Chino Hills Land West Llc
Bought by
Vista Vellano Llc

Purchase Details

Closed on
Dec 27, 2005
Sold by
Chino Hills Land West Llc
Bought by
Jeung Sang Hoon
Source: Public Records

Range of Values:

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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
Kumar Rajiv $2,475,000 Wfg National Title
Zhang Mei $2,650,000 Ticor
Vista Vellano Llc $7,800,000 Chicago Title Company
Jeung Sang Hoon $944,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Mei $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $2,475,000 -8.3% $419 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $2,699,999 +1.9% $458 / Sq Ft
10/07/2016 10/07/16 Sold $2,650,000 0.0% $449 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Off Market $2,650,000 -- --
08/03/2016 08/03/16 Price Changed $3,200,000 +14.3% $542 / Sq Ft
08/01/2016 08/01/16 Price Changed $2,799,000 -12.5% $474 / Sq Ft
04/29/2016 04/29/16 For Sale $3,200,000 -- $542 / 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 $30,431 $2,626,491 $919,272 $1,707,219
2024 $30,431 $2,574,991 $901,247 $1,673,744
2023 $29,657 $2,524,500 $883,575 $1,640,925
2022 $34,061 $2,898,161 $1,014,356 $1,883,805
2021 $33,329 $2,841,335 $994,467 $1,846,868
2020 $32,850 $2,812,201 $984,270 $1,827,931
2019 $32,238 $2,757,060 $964,971 $1,792,089
2018 $31,497 $2,703,000 $946,050 $1,756,950
2017 $30,861 $2,650,000 $927,500 $1,722,500
2016 $22,719 $2,009,706 $486,831 $1,522,875
2015 $22,281 $1,979,518 $479,518 $1,500,000
2014 $5,911 $470,125 $470,125 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22028414

California Regional Multiple Listing Service (CRMLS)

APN: 1017-903-17