Seller's Agent in 2020
Ken Bowen
RE/MAX
(949) 433-3422
235 Total Sales
38 Vernal Spring Irvine, CA 92603
Shady Canyon NeighborhoodEstimated Value: $3,379,000 - $7,223,000
4
Beds
4.5
Baths
4,960
Sq Ft
$1,184/Sq Ft
Est. Value
Highlights
- Golf Course Community
- 24-Hour Security
- Primary Bedroom Suite
- Rancho San Joaquin Middle School Rated A
- Pebble Pool Finish
- Mountain View
About This Home
As of February 2020Welcome to 38 Vernal Spring, a luxurious 4-bedroom plus bonus room estate situated in the exclusive, guard gated, Sycamore neighborhood of Shady Canyon. Private corner lot with only one neighbor and surrounded by acres of open space. This beautiful home has been masterfully designed boasting a classic Spanish style with modern designer finishes and grand arched hallways. An elegant formal living room with fireplace sits on your left has you walk through the front door. As you continue down the main hall you will find a magnificent great room with soaring ceilings and multiple French doors on either side that perfectly compliment an indoor/outdoor living space. Chef's Gourmet Kitchen features a large center island with bar seating, granite counters, stainless steel appliances, 6 burner gas range stove, double oven, butler's pantry and more! The kitchen opens to the family room with built-in entertainment system and fireplace. Expansive Main floor Master Suite features double private courtyard entrances and fireplace. The spa-like master bath includes a jetted soaking tub, walk in shower and separate his & hers sink plus vanity. 2 bedrooms with en suite baths complete the first level. Upstairs includes a bonus room with wet bar and a secondary bedroom with en suite bath. The backyard is an Entertainer's Dream, complete with pool & spa, built-in BBQ, and large stacked stone fireplace. Don't miss this rare opportunity to enjoy Shady Canyon living at its best!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,988
Year Built
- Built in 2005
Lot Details
- 0.31 Acre Lot
- Wrought Iron Fence
- Block Wall Fence
- Corner Lot
- Sprinkler System
- Back and Front Yard
HOA Fees
- $820 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Garage Door Opener
Property Views
- Mountain
- Hills
Home Design
- Spanish Architecture
- Planned Development
- Spanish Tile Roof
Interior Spaces
- 4,960 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- French Doors
- Family Room with Fireplace
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Separate Shower
Pool
- Pebble Pool Finish
- Filtered Pool
- Heated In Ground Pool
- In Ground Spa
- Gunite Pool
- Gunite Spa
Outdoor Features
- Patio
- Outdoor Fireplace
- Outdoor Grill
Utilities
- Two cooling system units
- Forced Air Zoned Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 50
- Tax Tract Number 16267
- Assessor Parcel Number 46407101
Community Details
Overview
- Shady Canyon Association, Phone Number (800) 428-5588
- First Service HOA
- Property is near a preserve or public land
Amenities
- Outdoor Cooking Area
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2019
Closed on
Jan 28, 2020
Sold by
Blakeley Scott E and Blakeley Karen S
Bought by
Lean Doron and Lean Elizabeth Carol
Seller's Agent
Ken Bowen
Re/Max Real Estate Group
Buyer's Agent
Ken Bowen
Re/Max Real Estate Group
List Price
$3,425,000
Sold Price
$3,190,000
Premium/Discount to List
-$235,000
-6.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,682,925
Avg. Annual Appreciation
11.28%
Original Mortgage
$2,233,000
Outstanding Balance
$1,981,655
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$3,891,270
Purchase Details
Listed on
Jun 4, 2012
Closed on
Jun 14, 2012
Sold by
Hayes Patrick and Hayes Denise
Bought by
Blakeley Scott E and Blakeley Karen S
Seller's Agent
Ron Millar
Arbor Real Estate
Buyer's Agent
Sonja Powell
Surterre Properties Inc.
List Price
$2,750,000
Sold Price
$2,675,000
Premium/Discount to List
-$75,000
-2.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$1,900,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2007
Sold by
Hayes Patrick G and Hayes Denise
Bought by
Hayes Patrick and Hayes Denise
Purchase Details
Closed on
May 5, 2005
Sold by
Greystone Homes Inc
Bought by
Hayes Patrick G and Hayes Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lean Doron | $3,190,000 | Old Republic Title Company | |
| Blakeley Scott E | $2,675,000 | Stewart Title Irvine | |
| Hayes Patrick | -- | None Available | |
| Hayes Patrick G | $2,812,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lean Doron | $2,233,000 | |
| Previous Owner | Blakeley Scott E | $1,900,000 | |
| Previous Owner | Hayes Patrick G | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2020 02/13/20 | Sold | $3,190,000 | -6.9% | $643 / Sq Ft | |
| 01/02/2020 01/02/20 | For Sale | $3,425,000 | +7.4% | $691 / Sq Ft | |
| 12/21/2019 12/21/19 | Off Market | $3,190,000 | -- | -- | |
| 10/29/2019 10/29/19 | For Sale | $3,425,000 | +28.0% | $691 / Sq Ft | |
| 07/31/2012 07/31/12 | Sold | $2,675,000 | -2.7% | $555 / Sq Ft | View Prior Sale |
| 06/04/2012 06/04/12 | For Sale | $2,750,000 | -- | $571 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $41,988 | $3,488,729 | $1,884,610 | $1,604,119 |
| 2024 | $41,988 | $3,420,323 | $1,847,657 | $1,572,666 |
| 2023 | $41,239 | $3,353,258 | $1,811,428 | $1,541,830 |
| 2022 | $40,502 | $3,287,508 | $1,775,909 | $1,511,599 |
| 2021 | $39,900 | $3,223,048 | $1,741,088 | $1,481,960 |
| 2020 | $37,741 | $3,012,005 | $1,678,565 | $1,333,440 |
| 2019 | $37,106 | $2,952,947 | $1,645,652 | $1,307,295 |
| 2018 | $36,482 | $2,895,047 | $1,613,385 | $1,281,662 |
| 2017 | $35,867 | $2,838,282 | $1,581,750 | $1,256,532 |
| 2016 | $35,241 | $2,782,630 | $1,550,735 | $1,231,895 |
| 2015 | $34,747 | $2,740,833 | $1,527,442 | $1,213,391 |
| 2014 | $34,769 | $2,687,144 | $1,497,521 | $1,189,623 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Bowen
-
Ron Millar
Seller's Agent in 2012
Ron Millar
Arbor Real Estate
(949) 233-8080
4 in this area
39 Total Sales
-
Kevin Kubiak
K
Seller Co-Listing Agent in 2012
Kevin Kubiak
Arbor Real Estate
(949) 874-4706
11 Total Sales
-
Sonja Powell
S
Buyer's Agent in 2012
Sonja Powell
Surterre Properties Inc.
(949) 717-7100
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19254512
APN: 464-071-01
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