NOT LISTED FOR SALE

49 Rainbow Ridge Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $1,201,000 - $1,438,000

3 Beds
2 Baths
1,600 Sq Ft
$467/mo HOA Fee

Last Sold September 30, 2016

Last sale price $625,000 $391 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,998/month

58 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Deck
  • Rancho San Joaquin Middle School Rated A+
  • All Bedrooms Downstairs
  • Property is near park

About This Home

As of September 2016

Fantastic Turtle Rock ground level unit Condo with 2 spacious bedrooms with an office that can be used as a 3rd bedroom. Open and airy floor plan allows for great circulation and natrual lightings. Master suite features large closets and 2 separate vanities. Gorgeous green belt view from the patio area. HOA allows access of Country Club facilities, spa, association pool, tennis court and play area

Last Agent to Sell the Property

Jack Ma

Century 21 Masters License #01869426 Listed on: 08/09/2016

Century 21 Masters

Last Buyer's Agent

Grace Tu

First Team Real Estate License #01819172

First Team Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • No Common Walls
  • End Unit

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • Recessed Lighting
  • Bay Window
  • Window Screens
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Wood Patio
  • Exterior Lighting

Location

  • Property is near park
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10497
  • Assessor Parcel Number 93016425

Community Details

Overview

  • Master Insurance
  • Sunset Ridge Maintenance HOA, Phone Number (714) 220-5920
  • Turtle Rock Ridge Association, Phone Number (949) 838-3286
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$467 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93016425
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1600.00
  • Interior Amenities: Balcony, Recessed Lighting, Tile Counters, Unfurnished
  • Common Walls: End Unit, No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 390.62
  • Room Type: All Bedrooms Down, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office
  • Spa Features: Association, In Ground
  • Window Features: Bay Window(s), Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Turtle Rock Ridge Association
  • Amenities: Dues Paid Monthly, Insurance, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 380.00
  • Association #2 Fee: 87.00
  • Association Fee Frequency: Monthly
  • Association Name: Sunset Ridge Maintenance HOA
  • Phone: 714-220-5920
  • Association Phone #2: 949-838-3286
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 27, 2016
Sold by
Chang Emma Hsun
Bought by
Ni Meihong
Seller's Agent
Jack Ma
Century 21 Masters
Buyer's Agent
Grace Tu
First Team Real Estate
List Price
$638,000
Sold Price
$625,000
Premium/Discount to List
-$13,000
-2.04%
Current Estimated Value
$1,319,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,929
Avg. Annual Appreciation
8.40%
Original Mortgage
$406,000
Outstanding Balance
$334,537
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$985,392

Purchase Details

Closed on
Jul 20, 2007
Sold by
Zorkocy Randolph J and Gunderson Constance J
Bought by
Chang Emma Hsun

Purchase Details

Closed on
Oct 25, 1993
Sold by
Zorkocy Randolph J
Bought by
Zorkocy Randolph J and Gunderson Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.95%
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
Ni Meihong $625,000 Title 365
Chang Emma Hsun $555,000 Stewart Title Guaranty Compa
Zorkocy Randolph J -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Meihong $406,000
Previous Owner Zorkocy Randolph J $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $625,000 -2.0% $391 / Sq Ft
08/09/2016 08/09/16 For Sale $638,000 +2.1% $399 / Sq Ft
07/21/2016 07/21/16 Off Market $625,000 -- --
06/15/2016 06/15/16 For Sale $638,000 -- $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 $7,632 $725,363 $587,446 $137,917
2024 $7,632 $711,141 $575,928 $135,213
2023 $7,435 $697,198 $564,636 $132,562
2022 $7,292 $683,528 $553,565 $129,963
2021 $7,125 $670,126 $542,711 $127,415
2020 $7,084 $663,255 $537,146 $126,109
2019 $6,926 $650,250 $526,613 $123,637
2018 $6,803 $637,500 $516,287 $121,213
2017 $6,662 $625,000 $506,163 $118,837
2016 $6,461 $615,814 $464,055 $151,759
2015 $6,365 $606,564 $457,084 $149,480
2014 $6,215 $592,000 $448,131 $143,869
Source: Public Records

Agents Affiliated with this Home

  • Jack Ma

    Seller's Agent in 2016

    Jack Ma

    Century 21 Masters

    (909) 600-5988

    72 Total Sales

    Jack Ma
    Section Image
  • Grace Tu

    Buyer's Agent in 2016

    Grace Tu

    First Team Real Estate

    (949) 857-2121

    1 in this area

    34 Total Sales

    Grace Tu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16129580

California Regional Multiple Listing Service (CRMLS)

APN: 930-164-25

California Orange County Irvine 92603 Turtle Rock

49 Rainbow Ridge, Irvine, CA

Not Listed for Sale

Condos

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