NOT LISTED FOR SALE

Estimated Value: $1,415,609 - $1,588,000

3 Beds
3.5 Baths
2,066 Sq Ft
$215/mo HOA Fee

Last Sold October 26, 2020

Last sale price $824,990 $399 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,343/month

28 Days on Market

Highlights

  • New Construction
  • Spa
  • Main Floor Bedroom
  • Portola High School Rated A+
  • Clubhouse
  • Great Room

About This Home

As of October 2020

Covello Residence 1 is a three-story plan that features three bedrooms, three and a half bathrooms, two-bay attached garage. The first floor houses a secondary bedroom with ensuite full bath and walk-in closet. Upstairs, find your main living space, with an open-concept dining room and family room, covered deck with stack able slider doors, and a gourmet kitchen, featuring large center island and plenty of storage. A powder bath adds convenience. On the third floor, a secondary bedroom with ensuite full bath, laundry room, and owner's suite reside. The spacious owner's suite features a spa-inspired bathroom with a walk-in closet including shoe rack, walk-in shower, freestanding tub, and dual vanities. Home includes GE Appliances with refrigerator, Amara Quartz on the counter tops in the kitchen and Boutique exterior. Residents will also be able to take advantage of all of the wonderful amenities that the Great Park Neighborhoods have to offer such as pools, playgrounds, BBQs, clubhouses and more. Home ready for move-in.

Last Agent to Sell the Property

Derek Oie

KW VISION License #01089705 Listed on: 07/27/2020

KW VISION

Last Buyer's Agent

Jeffrey Zhu

Pinnacle Real Estate Group License #01947734

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,677

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,066 Sq Ft Home
  • Great Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Central Air
  • Sewer Paid

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 18183

Community Details

Overview

  • 60 Units
  • First Service Residential Association, Phone Number (949) 448-6000
  • Built by Lennar
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Covello at Rise
  • View: No
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2066.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 399.32
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Builder Name: Lennar
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Hiking Trails, Clubhouse, Maintenance Grounds
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 949.448.6000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1676.00
  • Lot Size Acres: 0.0385

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1676.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 18183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 10, 2020
Sold by
Lennar Homes Of California Inc
Bought by
Zhang Hedy and Wang Shijie
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Jeffrey Zhu
Pinnacle Real Estate Group
List Price
$824,990
Sold Price
$824,990
Current Estimated Value
$1,501,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,662
Avg. Annual Appreciation
12.23%
Original Mortgage
$618,000
Interest Rate
2.8%
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
Zhang Hedy $825,000 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Hedy $618,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $824,990 0.0% $399 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $824,990 -- $399 / 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 $15,390 $892,993 $453,450 $439,543
2024 $15,390 $875,484 $444,559 $430,925
2023 $15,059 $858,318 $435,842 $422,476
2022 $14,763 $841,489 $427,296 $414,193
2021 $16,067 $824,990 $418,918 $406,072
2020 $11,231 $364,167 $364,167 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20149154

California Regional Multiple Listing Service (CRMLS)

APN: 930-049-03