NOT LISTED FOR SALE

Estimated Value: $2,892,000 - $3,763,000

4 Beds
4 Baths
2,973 Sq Ft
$1,067/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $2,580,000 $868 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,613/month

13 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • Open Floorplan
  • Stonegate Elementary School Rated A
  • Sauna
  • 2-minute walk to Swallows Park

About This Home

As of November 2022

This stunning energy-smart property perfectly blends the luxuries of indoor and outdoor Southern California living in one of the most sought after locations in Stonegate. 50 Cummings is favorably situated on a private, premium corner lot. Soaring high ceilings and complete walls of folding glass doors allow for an abundance of sunlight to shine through the main floor. The downstairs multi-gen bedroom is an added bonus. This home is filled with an ELAN home automated system, camera's for security and top of the line quality finishes like stainless steel WOLF appliances in the gourmet kitchen as well as the secondary prep kitchen, a Sub-Zero refrigerator and upgraded granite countertops. The living room invites you in with a contemporary fireplace, a granite wet bar fully equipped with a dual temperature sub zero wine fridge, sub zero ice maker and stainless steel sink. The open floor plan effortlessly flows to the outdoors. The backyard highlights this home's modern beauty with two tranquil water features, lush landscaping, an extended glass firepit, out door sauna and a large built in BBQ area fit with plenty of room for dining and entertaining. The primary bedroom offers sunset views, a lavish washroom with huge dual glass showers and a fully shelved walk-in closet. Two spacious additional en suite bedrooms, a sizeable laundry room, and sliding doors opening the loft complete the second floor. 50 Cummings is equipped with an Alarm system by SST as well as solar by SUNPOWER. Just a few feet away is the fabulous resort like community pool, spa and children's playground. Tennis courts, basketball courts and volleyball courts are among the many amenities to enjoy all that this neighborhood has to offer. Easy access to the Jeffrey Trail, Freeways and Toll Roads. Unwind at the coastal beaches or relax, dine and shop at world class shopping at South Coast Plaza, Fashion Island or the Irvine Spectrum. Welcome home to the award winning Irvine School District.

Last Agent to Sell the Property

Angela Cunningham

Angela Cunningham License #01789404 Listed on: 10/14/2022

Last Buyer's Agent

NICOLE GONG

Coldwell Banker Realty License #01998897

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,188

Year Built

  • Built in 2014

Lot Details

  • 4,308 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,973 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Sauna
  • Neighborhood Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Air
  • Tankless Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Property is near a park

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 17623
  • Assessor Parcel Number 55150514
  • $4,316 per year additional tax assessments

Community Details

Overview

  • Stonegate Village Community Association, Phone Number (949) 833-2600
  • Keystone Pacific HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,188

Year Built

Built in 2014

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Wired for Alarm System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 55150514
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2973.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Partially Furnished, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 867.81
  • Room Type: Entry, Formal Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Sauna, Walk-In Closet
  • Spa Features: Association, Community
  • Room Kitchen Features: Granite Counters, Kitchen Island, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Bocce Ball Court, Biking Trails, Hiking Trails
  • Association Fee: 135.00
  • Association Fee Frequency: Monthly
  • Association Name: Stonegate Village Community
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Hiking, Park, Sidewalks, Street Lights
  • Association Management: Keystone Pacific

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 4308.00
  • Lot Size Acres: 0.0989

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4308.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.29
  • Tax Lot: 51
  • Tax Tract Number: 17623
  • TaxOtherAnnualAssessmentAmount: 4316.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 18, 2022
Sold by
Saddawi Living Trust
Bought by
Lu Baowu and Zhao Mengpin
Seller's Agent
Angela Cunningham
Angela Cunningham
Buyer's Agent
NICOLE GONG
Coldwell Banker Realty
List Price
$2,638,000
Sold Price
$2,580,000
Premium/Discount to List
-$58,000
-2.2%
Views
11
Current Estimated Value
$3,171,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,192
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Nov 14, 2016
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Saddawi Madiha and Saddawi Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2014
Sold by
Irvine Community Development Company Llc
Bought by
Richmond American Homes Of Maryland Inc
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
Lu Baowu $2,580,000 Vantage Point Title
Saddawi Madiha $1,684,500 First American Title Company
Richmond American Homes Of Maryland Inc $1,978,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saddawi Madiha $1,345,000
Closed Richmond American Homes Of Maryland Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $2,580,000 -2.2% $868 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $2,638,000 -- $887 / 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 $31,188 $2,684,232 $1,934,040 $750,192
2024 $31,188 $2,631,600 $1,896,117 $735,483
2023 $30,644 $2,580,000 $1,858,938 $721,062
2022 $20,723 $1,640,469 $1,011,624 $628,845
2021 $20,385 $1,608,303 $991,788 $616,515
2020 $20,704 $1,591,812 $981,618 $610,194
2019 $20,608 $1,560,600 $962,370 $598,230
2018 $22,397 $1,718,110 $1,127,094 $591,016
2017 $22,109 $1,684,422 $1,104,994 $579,428
2016 $17,333 $1,265,870 $669,304 $596,566
2015 $14,196 $953,051 $659,250 $293,801
2014 $686 $3,520 $3,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22219173

California Regional Multiple Listing Service (CRMLS)

APN: 551-505-14