NOT LISTED FOR SALE

4862 Corsica Dr Cypress, CA 90630

Estimated Value: $1,913,000 - $2,474,000

5 Beds
4.5 Baths
3,614 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $998,000 $276 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $12,245/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Margaret Landell Elementary School Rated A
  • Retreat
  • No HOA

About This Home

As of March 2014

Largest Sorrento Collection model (most desirable Plan 4): 5 Bedrooms, 4.5 baths, 3-car garage, 3 fireplaces (living room, family room, and Master BR), one BR one bath downstairs. This well maintained home features: formal dining room, gourmet kitchen with island, cathedral ceiling heights in living room, elegant spiral staircase, tiled roof, dual central AC. Bright and open floor plan. Walking distance to schools, library, parks, shops.

Last Agent to Sell the Property

Emily Ching

Cerritos Investments Inc. License #01341344 Listed on: 02/16/2014

Last Buyer's Agent

Emily Ching

Cerritos Investments Inc. License #01341344 Listed on: 02/16/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,339

Year Built

  • Built in 1991

Lot Details

  • 6,495 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 3,614 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 130
  • Tax Tract Number 14150
  • Assessor Parcel Number 24459402

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,339

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Collection at Sorrento (COLC)
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 24459402
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3614.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 276.15
  • Room Type: Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Anaheim Union High

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 6495.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6495.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 130
  • Tax Tract Number: 14150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2016
Sold by
Mehta Jinesh K and Mehta Krina Jinesh
Bought by
Jinesh & Krina Mehta Trust
Current Estimated Value
$2,099,769

Purchase Details

Listed on
Feb 16, 2014
Closed on
Mar 3, 2014
Sold by
Lin Wen Quei and Lin Shu Hui
Bought by
Mehta Jinesh and Mehta Krina
Seller's Agent
Emily Ching
Cerritos Investments Inc.
Buyer's Agent
Emily Ching
Cerritos Investments Inc.
List Price
$998,000
Sold Price
$998,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$417,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1999
Sold by
Patel Kevin R
Bought by
Lin Wen Quei and Lin Shu Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.72%
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
Jinesh & Krina Mehta Trust -- None Available
Mehta Jinesh $998,000 Chicago Title Company
Lin Wen Quei $542,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mehta Jinesh $417,000
Previous Owner Lin Wen Quei $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $998,000 0.0% $276 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $998,000 -- $276 / 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 $13,339 $1,223,407 $788,171 $435,236
2024 $13,339 $1,199,419 $772,717 $426,702
2023 $13,039 $1,175,901 $757,565 $418,336
2022 $12,897 $1,152,845 $742,711 $410,134
2021 $12,727 $1,130,241 $728,148 $402,093
2020 $12,680 $1,118,652 $720,681 $397,971
2019 $12,311 $1,096,718 $706,550 $390,168
2018 $12,145 $1,075,214 $692,696 $382,518
2017 $11,718 $1,054,132 $679,114 $375,018
2016 $11,622 $1,033,463 $665,798 $367,665
2015 $11,557 $1,017,940 $655,797 $362,143
2014 $9,069 $680,183 $336,859 $343,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14034308

California Regional Multiple Listing Service (CRMLS)

APN: 244-594-02