NOT LISTED FOR SALE

Estimated Value: $4,898,000 - $5,065,000

4 Beds
4.5 Baths
3,661 Sq Ft
$1,355/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $2,450,000 $669 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $28,834/month

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Community Pool
  • Vista Verde Rated A+
  • Loft
  • 2 Car Attached Garage

About This Home

As of November 2019

A gorgeous resort-style residence located at the Summit in Turtle Ridge with stunning views of the ocean, Catalina, city lights, & mountains. This beautiful approximately 3,600 square foot home features four elegant bedrooms with four & a half baths. The luxurious master suite retreat with fireplace also features stunning ocean & city lights views. A gourmet kitchen with top-of-the-line appliances & granite counters opens to a family room with hardwood flooring throughout and offers beautiful views. A professionally landscaped backyard with private barbeque featuring amazingly beautiful views with breathtaking sunsets is great for entertaining. Just minutes to shopping and the award-winning Irvine Unified School District.

Last Agent to Rent the Property

Haiyu Han

ASPIRE HOMES License #02047156 Listed on: 09/24/2019

Last Renter's Agent

Rachel Kahn

Douglas Elliman Of California License #02064912

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,160 Sq Ft Lot
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights
  • Canyon

Interior Spaces

  • 3,661 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Loft
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

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

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/12/19

Community Details

Overview

  • Property has a Home Owners Association
  • Arezzo Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2019-08-12
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Arezzo (AREZ)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3661.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.98
  • Room Type: Bonus Room, Entry, Family Room, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: Canyon, City Lights, Ocean
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 6160.00
  • Lot Size Acres: 0.1414

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6160.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 28, 2016
Sold by
Wang Xueguang and Liu Ling
Bought by
Wei Yanjun and Zhu Peijun
Seller's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
Buyer's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
List Price
$2,588,000
Sold Price
$2,450,000
Premium/Discount to List
-$138,000
-5.33%
Current Estimated Value
$4,992,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,542,590
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 5, 2014
Sold by
Nguyen Bang Lien Phuoc and Iida Kazuko
Bought by
Wang Xueguang and Liu Ling
Seller's Agent
Susie Denton
Denton Properties Inc.
Buyer's Agent
Susie Denton
Denton Properties Inc.
List Price
$2,495,000
Sold Price
$2,470,000
Premium/Discount to List
-$25,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%
Original Mortgage
$1,482,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2005
Sold by
Brookfield Turtle Ridge Llc
Bought by
Nguyen Bang Lien Phuoc and Iida Kazuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Wei Yanjun $2,450,000 California Title Company
Wang Xueguang -- Title365
Nguyen Bang Lien Phuoc -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Xueguang $1,482,000
Previous Owner Nguyen Bang Lien Phuoc $1,000,000
Closed Nguyen Bang Lien Phuoc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2019 11/05/19 Rented $7,250 -3.3% --
10/29/2019 10/29/19 Under Contract -- -- --
10/10/2019 10/10/19 Price Changed $7,500 -1.3% $2 / Sq Ft
09/24/2019 09/24/19 For Rent $7,600 +1.3% --
05/20/2018 05/20/18 Rented $7,500 +7.1% --
05/07/2018 05/07/18 For Rent $7,000 +2.9% --
11/15/2016 11/15/16 Rented $6,800 -2.9% --
08/31/2016 08/31/16 For Rent $7,000 0.0% --
08/11/2016 08/11/16 Sold $2,450,000 -5.3% $681 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $2,588,000 +4.8% $719 / Sq Ft
04/07/2014 04/07/14 Sold $2,470,000 -1.0% $693 / Sq Ft View Prior Sale
01/14/2014 01/14/14 For Sale $2,495,000 -- $700 / 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 $33,050 $2,843,432 $2,008,842 $834,590
2024 $33,050 $2,787,679 $1,969,453 $818,226
2023 $32,413 $2,733,019 $1,930,836 $802,183
2022 $31,803 $2,679,431 $1,892,977 $786,454
2021 $31,289 $2,626,894 $1,855,860 $771,034
2020 $30,988 $2,599,959 $1,836,831 $763,128
2019 $30,451 $2,548,980 $1,800,815 $748,165
2018 $29,916 $2,499,000 $1,765,504 $733,496
2017 $29,378 $2,450,000 $1,730,886 $719,114
2016 $30,450 $2,557,770 $1,800,381 $757,389
2015 $29,956 $2,519,350 $1,773,337 $746,013
2014 $24,505 $1,961,914 $1,286,960 $674,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19228232

California Regional Multiple Listing Service (CRMLS)

APN: 478-433-40