NOT LISTED FOR SALE

Estimated Value: $2,670,936 - $3,687,000

4 Beds
3 Baths
2,380 Sq Ft
$1,287/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $1,528,000 $642 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $18,240/month

Highlights

  • Guarded Parking
  • Gated with Attendant
  • Built in 2013 | Newly Remodeled
  • Alderwood Elementary Rated A
  • Home Theater
  • Heated Lap Pool

About This Home

As of July 2016

RARE FIND PANORAMIC VIEWS OF HILLS WITH NO ONE BEHIND! A TRUE GEM TERRA COTTA EXTERIOR CORTONA PLAN 1, ON PREMIUM LOT, SECLUDED, NO REAR NEIGHBORS, OPEN SPACES! Resort-style living at its finest with utmost luxury, 2380sf interior on a lushly landscaped 4472sf flat lot, 4BD, 3BA, plus 2nd floor office/hobby room. 4th bedroom, 3rd bath downstairs next to foyer entry, oversized windows in great room, dining room with two sides of glass sliding doors, enhancing picturesque backyard of serene views, and indoor/outdoor entertainment. Open floor plan Chef's gourmet kitchen with matching stainless steel high-end Jenn Air appliances, island and full granite backsplash/counter tops throughout, connects to task center right to bright laundry room with huge sink, left to spacious 2-car garage of epoxy floor. Upstairs functional layout of dual sink full bath for side-by-side 2nd & 3rd bedrooms, master bedroom suite welcomes panoramic views of mountain open spaces. 24-hr guard gated, the Village of Laguna Altura, offers 3 parks, Jr Olympic pool, spa, basketball court, BBQ pavilion, tot lot, clubhouse, and hiking trails.. Minutes from Top Ranked University High, 5, 405 Fwys, 73, 133 Toll Rds, Laguna Beach, John Wayne Airport, South Coast Plaza, and Irvine Spectrum.

Last Agent to Rent the Property

Delia Chin

Colin Campbell broker License #01903497 Listed on: 05/30/2016

Last Renter's Agent

Paul Selecky

Compass License #01966707

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 4,472 Sq Ft Lot
  • Property fronts a highway
  • Brick Fence
  • New Fence
  • Drip System Landscaping
  • Secluded Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Guarded Parking

Property Views

  • Panoramic
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Panel Doors
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits

Pool

  • Heated Lap Pool
  • Heated Spa
  • Heated Above Ground Pool
  • Above Ground Spa
  • Fence Around Pool

Outdoor Features

  • Ocean Side of Freeway
  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Rancho San Joaquin Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Central Water Heater
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues, gardener
  • Available 7/1/16
  • Tax Lot 7
  • Tax Tract Number 17371
  • Assessor Parcel Number 58825107

Community Details

Overview

  • Built by Irvine Pacific
  • Cortona

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$280 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 350
  • Deposit Security: 6000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: Yes
  • Inclusions: high-end Jenn Air refrigerator -- brand new
  • Property Attached: No
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Laguna Altura Cortona Plan 1
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 58825107
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2380.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Tray Ceiling(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Gas, Great Room, Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 2.14
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Office, Utility Room
  • Spa Features: Above Ground, Association, Heated
  • Window Features: Casement Windows, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Canyon, Courtyard, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Brick, New Condition, Excellent Condition
  • Builder Name: Irvine Pacific
  • Patio And Porch Features: Patio Open, Patio
  • Pool Features: Above Ground, Association, Community, Fenced, Heated, Lap
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Gated, Guarded, Side by Side, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Gas Cooktop, Range Hood, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Heater Central, Water Heater, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Pool, Spa/Hot Tub, Sport Court
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Suburban

Schools

  • Middle Or Junior School: Rancho San Joaquin

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Garden, Level, Landscaped, Rectangular Lot, Paved, Park Nearby, Secluded, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 4472.00
  • Price Per Lot Square Foot: 1.14
  • Lot Size Acres: 0.1030

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 4472.0000 Square Feet
  • Management Co: Keystone Pacific Management Co
  • Management Co Phone: 949.833.2600
  • Number Of Units In Community: 1
  • Rent Includes: Association Dues, Gardener
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 7
  • Tax Model: 1
  • Tax Tract Number: 17371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Alvarez Arnold and Alvarez Christine Alice
Bought by
Alvarez Arnold and Alvarez Christine Alice
Current Estimated Value
$3,063,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Outstanding Balance
$251,281
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$2,812,453

Purchase Details

Closed on
May 29, 2020
Sold by
Alvarez Arnold and Alvarez Christine Alice
Bought by
Alvarez Arnold and Alvarez Christine Alice

Purchase Details

Closed on
May 23, 2017
Sold by
Alvarez Arnold and Alvarez Christine Alice
Bought by
Alvarez Arnold and Alvarez Christine Alice

Purchase Details

Listed on
May 28, 2015
Closed on
Apr 27, 2015
Sold by
Chu Sammy and Chu Shirley
Bought by
Alvarez Arnold and Alvarez Christine Alice
Seller's Agent
Delia Chin
Colin Campbell broker
Buyer's Agent
Farnour Kazemi
Realty Gratitude Corporation
Sold Price
$4,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$578,000
Outstanding Balance
$444,624
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$2,619,111

Purchase Details

Closed on
Jul 24, 2013
Sold by
Irvine Pacific Lp
Bought by
Chu Sammy and Chu Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Arnold -- Accommodation
Alvarez Arnold -- Chicago Title Company
Alvarez Arnold -- Accommodation
Alvarez Arnold -- Accommodation
Alvarez Arnold -- Accommodation
Alvarez Arnold -- Fidelity National Title Co
Alvarez Arnold -- None Available
Alvarez Arnold $1,528,000 Equity Title
Chu Sammy $1,065,000 First American Title Company
Irvine Pacific Lp -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Arnold $327,000
Open Alvarez Arnold $578,000
Previous Owner Chu Sammy $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2016 07/21/16 Rented $5,100 -3.8% --
07/06/2016 07/06/16 Price Changed $5,300 -3.6% $2 / Sq Ft
05/30/2016 05/30/16 For Rent $5,500 +19.6% --
05/28/2015 05/28/15 Rented $4,600 -2.1% --
05/28/2015 05/28/15 For Rent $4,700 0.0% --
05/27/2015 05/27/15 Sold $1,528,000 -2.6% $642 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $1,568,000 -- $659 / 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 $22,900 $1,836,425 $1,359,228 $477,197
2024 $22,900 $1,800,417 $1,332,576 $467,841
2023 $22,486 $1,765,115 $1,306,447 $458,668
2022 $22,124 $1,730,505 $1,280,830 $449,675
2021 $21,774 $1,696,574 $1,255,716 $440,858
2020 $21,588 $1,679,178 $1,242,840 $436,338
2019 $21,258 $1,646,253 $1,218,470 $427,783
2018 $20,971 $1,613,974 $1,194,578 $419,396
2017 $20,712 $1,582,328 $1,171,155 $411,173
2016 $20,391 $1,551,302 $1,148,191 $403,111
2015 $15,607 $1,086,249 $703,657 $382,592
2014 $16,245 $1,064,971 $689,873 $375,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16115349

California Regional Multiple Listing Service (CRMLS)

APN: 588-251-07