NOT LISTED FOR SALE

Estimated Value: $2,234,556 - $2,628,000

2 Beds
2 Baths
1,425 Sq Ft
$432/mo HOA Fee

Last Sold April 25, 2012

Last sale price $990,000 $695 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $14,151/month

117 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Clubhouse
  • Active Adult
  • Open Floorplan
  • 3-minute walk to Buck Gully Trailhead

About This Home

As of April 2012

One of the finest properties ever offered in The Terraces community. Beautifully remodeled to the studs in 2007, this single story home is 'up to the moment' current. Inspired colors & finishes offer a sophisticated yet inviting ambiance. Custom cabinetry with under cabinet lighting, stainless appliances, imported subway tile backsplash, and plenty of stone counter space; make this kitchen as fabulous as it is functional! Master bedroom is light infused, featuring furniture quality built-in's and a sizeable walk in closet. Master bath is exquisite, with custom cabinets, counters, multi-head steam shower, and enclosed water closet. Secondary bedroom and bath are also well appointed. Large family room with stone fireplace, custom mantle, and designer shelving & cabinets. Interior laundry room. 9 foot ceilings, beautiful patios, gardens and walkways. Only moments from the Oasis Senior Center, area restaurants, shops and beaches. 55+ community that is not duplicated anywhere in the city!

Last Agent to Sell the Property

Jody Chapman

Compass License #01338862 Listed on: 11/02/2011

Compass

Last Buyer's Agent

Mary H & Terri N

First Team Real Estate License #01234732

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,033

Year Built

  • Built in 1986 | Remodeled

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Additions or Alterations
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,425 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Fireplace
  • Custom Window Coverings
  • French Mullion Window
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier
  • Sewer Paid

Additional Features

  • Enclosed Patio or Porch
  • Sprinklers Throughout Yard

Listing and Financial Details

  • Tax Tract Number 11949
  • Assessor Parcel Number 93461088

Community Details

Overview

  • Active Adult
  • 100 Units
  • Morning Glory

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,033

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-689-8594
  • Property Attached: Yes
  • Subdivision Name Other: Terraces
  • View: No
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461088
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00
  • Interior Amenities: Built-in Features, Crown Molding, Open Floorplan
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: One
  • Price Per Square Foot: 694.74
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Custom Covering, French/Mullioned

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Self Cleaning Oven, Dishwasher, Gas Cooking, Range Hood, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Cooktop, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Pool, Spa/Hot Tub
  • Association Fee: 432.00
  • Association Fee Frequency: Monthly
  • Senior Community: Yes

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Tract Number: 11949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2012
Sold by
Skoglund Joseph Leonard
Bought by
Skoglund Joseph L and Skoglund Family Credit Shelter Trust
Current Estimated Value
$2,456,389

Purchase Details

Listed on
Nov 2, 2011
Closed on
Apr 23, 2012
Sold by
Bardin Skoglund Verna
Bought by
Skoglund Joseph Leonard
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Mary H & Terri N
First Team Real Estate
List Price
$1,025,000
Sold Price
$990,000
Premium/Discount to List
-$35,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2011
Closed on
Apr 10, 2012
Sold by
Christman Theo and Christman Sharon Bogan
Bought by
Skoglund Joseph Leonard
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Mary H & Terri N
First Team Real Estate
List Price
$1,025,000
Sold Price
$990,000
Premium/Discount to List
-$35,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Spitzer Sue Ann and Park Nancy Jean
Bought by
Christman Theo and Christman Sharon Bogan

Purchase Details

Closed on
Feb 14, 2007
Sold by
Park Patricia
Bought by
Park Nancy Jean

Purchase Details

Closed on
Jan 4, 2007
Sold by
Park Nancy Jean
Bought by
Spitzer Sue Ann and Park Nancy Jean

Purchase Details

Closed on
Mar 25, 2005
Sold by
Skoglund Family Credit Shelter Trust
Bought by
Deborah Widell Turkington Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
House Elenora E
Bought by
House Elenora E and House Family Trust

Purchase Details

Closed on
Jun 1, 1998
Sold by
Lucille Owen Margaret and Lucille Gene
Bought by
House Howard E and House Elenore E
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
Skoglund Joseph L -- None Available
Skoglund Joseph Leonard -- Ticor Title
Skoglund Joseph Leonard $990,000 Ticor Title
Christman Theo $885,000 California Title Company
Park Nancy Jean -- None Available
House Howard E -- California Title Company
Spitzer Sue Ann -- California Title Company
Spitzer Sue Ann -- None Available
Deborah Widell Turkington Trust $2,000,000 Title Resources Guaranty
House Elenora E -- First American Title Ins Co
House Howard E $372,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skoglund Joseph Leonard $100,000
Previous Owner Deborah Widell Turkington Trust $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $990,000 -3.4% $695 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $1,025,000 -- $719 / 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 $10,033 $942,030 $659,424 $282,606
2024 $10,033 $923,559 $646,494 $277,065
2023 $9,794 $905,450 $633,817 $271,633
2022 $12,615 $1,171,770 $1,028,717 $143,053
2021 $12,373 $1,148,795 $1,008,546 $140,249
2020 $12,253 $1,137,016 $998,205 $138,811
2019 $12,002 $1,114,722 $978,632 $136,090
2018 $11,762 $1,092,865 $959,443 $133,422
2017 $11,554 $1,071,437 $940,631 $130,806
2016 $11,295 $1,050,429 $922,187 $128,242
2015 $11,186 $1,034,651 $908,335 $126,316
2014 $10,922 $1,014,384 $890,542 $123,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004643

California Regional Multiple Listing Service (CRMLS)

APN: 934-610-88