NOT LISTED FOR SALE

Estimated Value: $7,805,104 - $8,837,000

5 Beds
5.5 Baths
5,935 Sq Ft
$1,393/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $4,905,000 $826 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $48,410/month

23 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Vista Verde Rated A+
  • Private Pool
  • 0.3 Acre Lot

About This Home

As of September 2020

Regarded as one of the most desirable floor plans in La Cima, this plan 2 showcases panoramic ocean, mountain and city lights views from the hills of the ever-exclusive community of The Summit at Turtle Ridge. Set atop an expansive lot spanning nearly 15,000 square feet, coveted outdoor space includes a courtyard fireplace, saltwater pool and spa, small grassland, and built-in BBQ with bar-style seating, perfect for taking in the sunsets and entertaining amongst friends and family. The five bedrooms, five and one-half bath, approximately 5900 square feet of interior living space showcases crown molding, beamed ceilings, custom built-ins, chef’s inspired kitchen equipped with professional-grade appliances, and a size-able walk-in pantry. Additional amenities include generous home office, bonus room, and the highly desirable main-level junior master suite. Savor daily sunset views from the reclusive master suite and repose in the spa-like bathroom with its own oversized balcony. Renowned for its resort-like association amenities enjoy multiple pools, clubhouse, movie theater, fitness center, parks, and trails throughout. Centrally located and close proximity to nearby award-winning Vista Verde elementary/middle school and the acclaimed University High, this estate leaves little to be desired.

Last Agent to Sell the Property

Jim Watson

Real Broker License #01196080 Listed on: 08/18/2020

Real Broker

Co-Listed By

Tom Springer

Real Broker License #01964259

Last Buyer's Agent

Ryan Yuan

JC Pacific Corp License #02010039

JC Pacific Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • Back and Front Yard

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Planned Development

Interior Spaces

  • 5,935 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Loft
  • Stone Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Schools

  • Vista Verde Elementary And Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 15949
  • Assessor Parcel Number 47843427

Community Details

Overview

  • The Summit At Turtle Ridge Association, Phone Number (949) 854-1373
  • Seabreeze HOA
  • La Cima Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$478 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: La Cima (LACM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47843427
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5935.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Built-in Features, Cathedral Ceiling(s), Stone Counters
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 826.45
  • Room Type: Family Room, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Suite, Retreat, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Association

Exterior Features

  • View: Canyon, Catalina, City Lights, Hills, Mountain(s), Ocean, Panoramic, Water
  • Pool Features: Private, Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse, Banquet Facilities, Meeting Room, Maintenance Grounds, Management, Security, Controlled Access
  • Association Fee: 478.00
  • Association Fee Frequency: Monthly
  • Association Name: The Summit at Turtle Ridge
  • Phone: 949.854.1373
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Seabreeze

Schools

  • Elementary School: Vista Verde
  • High School: University
  • Middle Or Junior School: Vista Verde
  • Elementary School #2: VISVER
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 13063.00
  • Lot Size Acres: 0.2999

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13063.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 61
  • Tax Tract Number: 15949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 22, 2020
Sold by
Kanchi Sunil and Kanchi Neetha
Bought by
Pu Minwei
Seller's Agent
Jim Watson
Real Broker
Buyer's Agent
Ryan Yuan
JC Pacific Corp
List Price
$4,988,000
Sold Price
$4,905,000
Premium/Discount to List
-$83,000
-1.66%
Current Estimated Value
$8,267,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,362,276
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Nathan Reuben D
Bought by
Kanchi Sunil and Kanchi Neetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,908,750
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2007
Sold by
Nathan Jane
Bought by
Nathan Reuben D

Purchase Details

Closed on
Oct 20, 2006
Sold by
Nathan Sam S
Bought by
Nathan Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2006
Sold by
Nathan Sam S
Bought by
Nathan Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,624
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
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
Pu Minwei $4,905,000 California Title Company
Pu Minwei -- California Title Company
Kanchi Sunil $4,475,000 California Title Company
Nathan Reuben D -- California Title Company
Nathan Reuben D -- None Available
Nathan Jane -- Fidelity National Title Co
Nathan Jane -- Fidelity National Title Co
Nathan Reuben D $3,397,500 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kanchi Sunil $2,908,750
Previous Owner Nathan Jane $2,900,000
Previous Owner Nathan Reuben D $509,624
Previous Owner Nathan Jane $2,377,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $4,905,000 -1.7% $826 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $4,988,000 +1.7% $840 / Sq Ft
08/18/2020 08/18/20 Off Market $4,905,000 -- --
07/07/2020 07/07/20 Off Market $4,905,000 -- --
08/18/2016 08/18/16 Sold $4,475,000 -6.5% $754 / Sq Ft View Prior Sale
06/16/2016 06/16/16 For Sale $4,788,000 0.0% $807 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $4,788,000 +7.0% $807 / Sq Ft
01/15/2016 01/15/16 Off Market $4,475,000 -- --
01/08/2016 01/08/16 For Sale $4,788,000 0.0% $807 / Sq Ft
07/01/2014 07/01/14 Rented $12,500 0.0% --
06/01/2014 06/01/14 Under Contract -- -- --
05/22/2014 05/22/14 For Rent $12,500 -- --
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 $60,016 $5,309,329 $3,510,741 $1,798,588
2024 $60,016 $5,205,225 $3,441,903 $1,763,322
2023 $58,730 $5,103,162 $3,374,414 $1,728,748
2022 $57,694 $5,003,100 $3,308,249 $1,694,851
2021 $56,655 $4,905,000 $3,243,381 $1,661,619
2020 $54,930 $4,748,905 $3,239,057 $1,509,848
2019 $53,949 $4,655,790 $3,175,546 $1,480,244
2018 $52,978 $4,564,500 $3,113,280 $1,451,220
2017 $52,066 $4,475,000 $3,052,235 $1,422,765
2016 $45,499 $3,848,273 $2,199,437 $1,648,836
2015 $44,853 $3,790,469 $2,166,400 $1,624,069
2014 $44,292 $3,716,219 $2,123,963 $1,592,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20117088

California Regional Multiple Listing Service (CRMLS)

APN: 478-434-27