NOT LISTED FOR SALE

Estimated Value: $4,724,744 - $5,282,000

5 Beds
5.5 Baths
3,500 Sq Ft
$1,400/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $2,150,000 $614 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $28,740/month

202 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Primary Bedroom Suite
  • Vista Verde Rated A+
  • Private Pool
  • Panoramic View

About This Home

As of March 2014

HOMES IN THE SUMMIT AT TURTLE RIDGE .LOVELY COSITA GUEST ROOM. DINING ROOM WITH FRENCH DOORS THAT OPEN ONTO COURTYARD FEATURES FOUNTAIN PATIO. FORMAL DINING. A GREAT ROOM WITH FIREPLACE AND CUSTOM BUILT-IN CABINETS. WALL TO WALL MARBLE FLOOR IN LOW LEVEL. GOURMET KITCHEN IS TASTEFULLY DECORATED WITH OVER SIZED GRANITE ISLAND INCLUDES STAINLESS STEEL APPLIANCE, UPGRADED LIGHT FIXTURE, MASTER SUITE INCLUDES WALK-IN CLOSETS WITH EXQUISITE MOUNTAIN VIEW. LANDSCAPED WITH BUILT IN BBQ, FIRE PIT, WATER FOUNTAIN IN SIDE COURTYARD. WALKING DISTANCE TO AWARD WINNING VISTA VERDE K-8 SCHOOL AND UNIVERSITY HIGH. ASSOCIATION AMENITIES INCLUDE 2 POOLS AND SPAS AND CABANAS FOR LOUNGING, PLAYGROUNDS,CLUBHOUSE, WALKING TRAIL AND MUCH MORE. DON'T MISS THIS FANTASTIC PROPERTY.A MUST SEE!!

Last Agent to Sell the Property

Theresa Hwang

Coldwell Banker Best Realty License #01491236 Listed on: 11/08/2013

Coldwell Banker Best Realty

Co-Listed By

Sonia Park

Keller Williams Realty Irvine License #01424133

Last Buyer's Agent

Laura Rivera

Coldwell Banker Best Realty License #01161424

Coldwell Banker Best Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,525

Year Built

  • Built in 2006

Lot Details

  • 7,214 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Double Pane Windows
  • French Doors
  • Formal Entry
  • Great Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 311
  • Tax Tract Number 16312
  • Assessor Parcel Number 47833102

Community Details

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,525

Year Built

Built in 2006

Lot Details

0

HOA Fees

$410 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-651-4525
  • Other Phone Number: 714-651-4525
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Fire Sprinkler System, Fire and Smoke Detection System, Gated with Guard
  • Subdivision Name Other: Arezzo (AREZ)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47833102
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00
  • Interior Amenities: Balcony
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Great Room
  • Levels: Two
  • Price Per Square Foot: 614.29
  • Room Type: Formal Entry, Great Room, Master Bedroom, Master Suite, Walk-In Closet, Retreat
  • Spa Features: Association
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Barbecue Private, Rain Gutters
  • View: City Lights, Canyon, Courtyard, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Fire Pit, Gym/Ex Room, Hiking Trails, Playground, Pool, Spa/Hot Tub
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7214.00
  • Lot Size Acres: 0.1660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7214.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Lot: 311
  • Tax Tract Number: 16312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Mar 19, 2014
Sold by
Kim John
Bought by
Shin Hye Yeon
Seller's Agent
Theresa Hwang
Coldwell Banker Best Realty
Buyer's Agent
Laura Rivera
Coldwell Banker Best Realty
List Price
$1,790,000
Sold Price
$2,150,000
Premium/Discount to List
$360,000
20.11%
Current Estimated Value
$4,900,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,750,936
Avg. Annual Appreciation
7.35%
Original Mortgage
$1,720,000
Outstanding Balance
$1,249,981
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,650,955

Purchase Details

Listed on
Nov 8, 2013
Closed on
Feb 20, 2014
Sold by
Shin Hye Yeon
Bought by
Jha Mithilesh and Mishra Smita
Seller's Agent
Theresa Hwang
Coldwell Banker Best Realty
Buyer's Agent
Laura Rivera
Coldwell Banker Best Realty
List Price
$1,790,000
Sold Price
$2,150,000
Premium/Discount to List
$360,000
20.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Outstanding Balance
$1,249,981
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,650,955

Purchase Details

Closed on
Feb 22, 2008
Sold by
Shin Hoon and Shin Hyosun
Bought by
Shin Hye Yeon

Purchase Details

Closed on
Jul 21, 2006
Sold by
Pardee Homes
Bought by
Shin Hye Yeon and Shin Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,561
Interest Rate
7.55%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Shin Hye Yeon -- None Available
Jha Mithilesh $2,150,000 Orange Coast Title Company
Shin Hye Yeon -- Chicago Title Company
Shin Hye Yeon -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jha Mithilesh $1,720,000
Previous Owner Shin Hye Yeon $1,675,561
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $2,150,000 -1.8% $614 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
12/06/2013 12/06/13 Price Changed $2,190,000 +12.3% $626 / Sq Ft
11/27/2013 11/27/13 Price Changed $1,950,000 +2.6% $557 / Sq Ft
11/25/2013 11/25/13 Price Changed $1,900,000 +6.1% $543 / Sq Ft
11/08/2013 11/08/13 For Sale $1,790,000 -16.7% $511 / Sq Ft
11/06/2013 11/06/13 Off Market $2,150,000 -- --
11/02/2013 11/02/13 For Sale $1,790,000 -16.7% $511 / Sq Ft
11/01/2013 11/01/13 Off Market $2,150,000 -- --
10/24/2013 10/24/13 Price Changed $1,790,000 -23.8% $511 / Sq Ft
09/05/2013 09/05/13 Price Changed $2,349,000 -1.7% $671 / Sq Ft
08/01/2013 08/01/13 For Sale $2,390,000 -- $683 / 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 $31,525 $2,625,889 $1,803,382 $822,507
2024 $31,525 $2,574,401 $1,768,021 $806,380
2023 $30,866 $2,523,923 $1,733,354 $790,569
2022 $30,338 $2,474,435 $1,699,367 $775,068
2021 $29,806 $2,425,917 $1,666,046 $759,871
2020 $29,434 $2,401,043 $1,648,963 $752,080
2019 $28,923 $2,353,964 $1,616,630 $737,334
2018 $28,413 $2,307,808 $1,584,931 $722,877
2017 $27,940 $2,262,557 $1,553,854 $708,703
2016 $27,447 $2,218,194 $1,523,387 $694,807
2015 $27,051 $2,184,875 $1,500,504 $684,371
2014 $27,002 $2,169,531 $1,424,831 $744,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13154568

California Regional Multiple Listing Service (CRMLS)

APN: 478-331-02