NOT LISTED FOR SALE

Estimated Value: $1,633,000 - $1,895,189

4 Beds
4.5 Baths
2,530 Sq Ft
$335/mo HOA Fee

Last Sold November 20, 2015

Last sale price $840,000 $332 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,494/month

95 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Property is near public transit
  • Portola Springs Elementary Rated A
  • Clubhouse
  • 3-minute walk to Lomas Valley Park

About This Home

As of November 2015

42 Conservancy is a gorgeous 2,530 sq. ft. 4 bedroom, 4.5 bath home in one of the safest cities in the U.S.! Boasting of approximately $100,000 in builder upgrades, one will find ensuite baths in all 4 bedrooms plus a much-desired downstairs bedroom, crown moulding, plantation shutters and much more! The master suite is replete with a huge separate shower, large walk-in closet, dual vanities, and an oversized soaking tub. Relax and entertain in the sumptuous living room that. The elegant kitchen is endowed with a touch of European charm and boasting granite countertops, six-burner gas cooktop plus high-end stainless steel appliances, a large center island and vast storage space. There is a full laundry room with sink and storage conveniently located upstairs, along with two additional good-sized secondary bedrooms - each with their own full bath. One will also find a central vacuum system, whole house intercom, high-speed network-ready, and much more. Association amenities include multiple pools, spas, tennis courts, tot lots, playgrounds, and BBQ areas. Top-notch schools: Stonegate elementary, middle school is Sierra Vista and Northwood High School, which is one of the highest-rated high schools in the country. HUGE price reduction: don't miss this one!

Last Agent to Sell the Property

Bruce Clark

Real Broker License #01503471 Listed on: 07/10/2015

Real Broker

Last Buyer's Agent

Jody Clegg

Compass License #01230876

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,587

Year Built

  • Built in 2010

Lot Details

  • 1 Common Wall
  • Security Fence
  • Privacy Fence
  • Block Wall Fence
  • Fence is in good condition
  • Front Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Data
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room with Fireplace
  • L-Shaped Dining Room
  • Home Office

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Intercom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16830
  • Assessor Parcel Number 93063104

Community Details

Overview

  • 75 Units
  • Built by Brookfield

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,587

Year Built

Built in 2010

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Paloma (PALO)
  • View: No
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93063104
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2530.00
  • Interior Amenities: Crown Molding, Wired for Data, Granite Counters, Intercom, Open Floorplan, Recessed Lighting, Unfurnished, Vacuum Central
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Ell, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Dining Room, Gas, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 332.02
  • Room Type: Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet, Office
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Good Condition, Privacy, Security
  • Builder Name: Brookfield
  • Patio And Porch Features: Enclosed, Front Porch, Stone
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Self Cleaning Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Indoor Grill, Gas Cooktop, Gas Water Heater, Range Hood, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Heater, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Individual Room, Upper Level, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Outdoor Cooking Area, Picnic Area, Playground, Pool, Spa/Hot Tub
  • Association Fee: 195.00
  • Association #2 Fee: 140.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Lot Features: Front Yard, Paved, Near Public Transit
  • Lot Size Sq Ft: 3100.00
  • Price Per Lot Square Foot: 270.97
  • Lot Size Acres: 0.0710

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 75
  • Number Of Units Total: 75

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 16830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Nov 10, 2015
Sold by
Chang Tiffany Cw and Wang Chin Wei
Bought by
Razi Mahdi and Razi Tracy Lynn
Seller's Agent
Bruce Clark
Real Broker
Buyer's Agent
Jody Clegg
Compass
List Price
$885,000
Sold Price
$840,000
Premium/Discount to List
-$45,000
-5.08%
Current Estimated Value
$1,831,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,277
Avg. Annual Appreciation
8.35%
Original Mortgage
$625,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Chang Raymond
Bought by
Wang Chin Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Brookfield Portola Springs Llc
Bought by
Wang Chin Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Razi Mahdi $840,000 First American Title Company
Wang Chin Wei -- First American Title
Wang Chin Wei $751,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razi Mahdi $574,000
Closed Razi Mahdi $625,500
Previous Owner Wang Chin Wei $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $840,000 -1.2% $332 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/23/2015 09/23/15 Price Changed $850,000 -4.0% $336 / Sq Ft
07/10/2015 07/10/15 For Sale $885,000 0.0% $350 / Sq Ft
08/03/2012 08/03/12 Rented $3,800 -1.3% --
08/03/2012 08/03/12 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $3,850 -- --
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 $13,587 $994,386 $490,156 $504,230
2024 $13,587 $974,889 $480,545 $494,344
2023 $13,788 $955,774 $471,123 $484,651
2022 $13,521 $937,034 $461,885 $475,149
2021 $13,330 $918,661 $452,828 $465,833
2020 $13,224 $909,242 $448,185 $461,057
2019 $13,094 $891,414 $439,397 $452,017
2018 $13,070 $873,936 $430,782 $443,154
2017 $12,849 $856,800 $422,335 $434,465
2016 $12,676 $840,000 $414,053 $425,947
2015 $12,276 $806,319 $380,222 $426,097
2014 $12,114 $790,525 $372,774 $417,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15150925

California Regional Multiple Listing Service (CRMLS)

APN: 930-631-04