NOT LISTED FOR SALE

Estimated Value: $4,206,049 - $4,616,000

4 Beds
4.5 Baths
2,825 Sq Ft
$1,562/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $1,750,000 $619 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $26,635/month

172 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Private Pool
  • Vista Verde Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of October 2012

Romantic Sunsets abound in this luxurious Ledges Villa. Warm and inviting, this Plan 2 comes with extensive hardwood floors and custom accent lighting. Gourmet kitchen opens to the front porch and the family room for great entertaining. Kitchen comes fully equipped with stainless steel appliances. Private floorplan with two secondary bedroom suites downstairs and an additional bedroom suite upstairs. Luxurious Master Suite opens onto rare, large deck with panoramic views of ocean and city lights. This feature is unique to this home. Covered Loggia below allows for wonderful Al Fresco Dining. Private Backyard comes with Fountainscape and Landscaping perfect for Outdoor Dining and Lounging. Children can attend Award Winning Vista Verde and University High. Hike through the trails into adjacent Bommer Canyon. Residents have the privilege of using one of a kind pools, clubhouses, gym, theater room and cabanas all within the security of a guard gated community. Welcome to the Summit!

Last Agent to Sell the Property

Hanu Reddy

Hanu Reddy Realty License #00772535 Listed on: 03/19/2012

Co-Listed By

Steve Reddy

Hanu Reddy Realty License #00882549

Last Buyer's Agent

Steve Houck

Berkshire Hathaway HomeServic License #00940733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,396

Year Built

  • Built in 2005

Lot Details

  • 4,934 Sq Ft Lot
  • Glass Fence
  • Block Wall Fence

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,825 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Family Room Off Kitchen
  • Dining Room
  • Center Hall
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Convection Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.11
  • Tax Tract Number 16312
  • Assessor Parcel Number 47838129

Community Details

Overview

  • Association Phone (949) 854-1373
  • Built by Richmond American
  • Plan 2
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,396

Year Built

Built in 2005

Lot Details

0

HOA Fees

$410 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-450-8809
  • Property Attached: No
  • Security: Fire Sprinkler System, Gated with Guard
  • Subdivision Name Other: Ledges
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47838129
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2825.00
  • Interior Amenities: Crown Molding, Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 619.47
  • Room Type: Center Hall, Family Room, Main Floor Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Custom Covering, Drapes, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block, Glass
  • Builder Name: Richmond American
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Door Opener, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Appliances: Convection Oven, Dishwasher, Disposal, Range Hood, Refrigerator, Cooktop
  • Heating Type: Central
  • 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, Clubhouse Paid, Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Phone: 949-854-1373
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 4934.00
  • Lot Size Acres: 0.1130

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4934.0000 Square Feet

Tax Info

  • Tax Lot: 0.11
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Sep 11, 2012
Sold by
Hodgson Robert A and Iacovino Angela C
Bought by
Burkhouse Yvonne and Miller Doris
Seller's Agent
Hanu Reddy
Hanu Reddy Realty
Buyer's Agent
Steve Houck
Berkshire Hathaway HomeServic
List Price
$1,899,000
Sold Price
$1,750,000
Premium/Discount to List
-$149,000
-7.85%
Current Estimated Value
$4,409,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,659,376
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,302,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Richmond American Homes Of Ca Inc
Bought by
Hodgson Robert A and Lacovino Dr Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burkhouse Yvonne $1,750,000 Chicago Title Company
Hodgson Robert A $1,471,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkhouse Yvonne $1,122,400
Closed Burkhouse Yvonne $1,302,000
Previous Owner Hodgson Robert A $250,000
Previous Owner Hodgson Robert A $999,999
Closed Hodgson Robert A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $1,750,000 -4.1% $619 / Sq Ft
07/28/2012 07/28/12 Price Changed $1,825,000 -2.7% $646 / Sq Ft
06/03/2012 06/03/12 Price Changed $1,875,000 -1.3% $664 / Sq Ft
03/19/2012 03/19/12 For Sale $1,899,000 -- $672 / 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 $26,396 $2,154,996 $1,436,890 $718,106
2024 $26,396 $2,112,742 $1,408,716 $704,026
2023 $25,845 $2,071,316 $1,381,094 $690,222
2022 $25,397 $2,030,702 $1,354,013 $676,689
2021 $24,949 $1,990,885 $1,327,464 $663,421
2020 $24,636 $1,970,471 $1,313,852 $656,619
2019 $24,209 $1,931,835 $1,288,090 $643,745
2018 $23,784 $1,893,956 $1,262,833 $631,123
2017 $23,389 $1,856,820 $1,238,071 $618,749
2016 $22,979 $1,820,412 $1,213,795 $606,617
2015 $22,590 $1,793,068 $1,195,562 $597,506
2014 $22,428 $1,757,945 $1,172,143 $585,802
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S691930

California Regional Multiple Listing Service (CRMLS)

APN: 478-381-29