NOT LISTED FOR SALE

53 Rainbow Ridge Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $1,196,000 - $1,503,000

2 Beds
2 Baths
1,600 Sq Ft
$406/mo HOA Fee

Last Sold February 27, 2014

Last sale price $605,000 $378 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,001/month

6 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Den
  • Rancho San Joaquin Middle School Rated A+
  • View of Hills
  • Eat-In Kitchen

About This Home

As of February 2014

Move to this single story condo with views from just about every window! Exceptional floorplan with unusual 9' ceilings (most all rooms)-kitchen with nook, dining room, living room w/ fireplace, large den/office (could be 3rd bedroom) interior laundry and 2 oversized master suites with large closets, large 2 car garage and private patio w/storage closet are floorplan highlights. Enjoy living 10 minutes close to everything - world class shopping, beaches, golf courses, the airport and business centers and more. No Mello Roos

Last Agent to Sell the Property

Pegi Dirienzo

Real Broker License #01219774 Listed on: 01/07/2014

Real Broker

Last Buyer's Agent

Keith Randle

Keith Randle, Broker License #00993898

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Park or Greenbelt

Interior Spaces

  • 1,600 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Dressing Area
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10497
  • Assessor Parcel Number 93016427

Community Details

Overview

  • 44 Units
  • Lower Laurel

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Ridge Townhomes Akins (RA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93016427
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1600.00
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 378.12
  • Room Type: All Bedrooms Down, Den, Dressing Area, Living Room, Master Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Hills, Park/Greenbelt
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 325.00
  • Association #2 Fee: 81.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 1600.00
  • Lot Size Acres: 0.0370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1600.0000 Square Feet
  • Number Of Units In Community: 44
  • Number Of Units Total: 44

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Timothy And Candicce Sagehorn Family
Bought by
Sarit Neter Revocable Trust
Current Estimated Value
$1,321,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$381,466
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$939,917

Purchase Details

Closed on
Jul 21, 2015
Sold by
Sagehorn Timothy J and Sagehorn Candice D
Bought by
Timothy & Candice Sagehorn Family Trust

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jan 16, 2014
Sold by
Zeigler Meredith L
Bought by
Sagehorn Timothy J and Sagehorn Candice D
Seller's Agent
Pegi Dirienzo
Real Broker
Buyer's Agent
Keith Randle
Keith Randle, Broker
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$484,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Zeigler Meredith L
Bought by
Zeigler Meredith L and Meredith L Zeigler Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sarit Neter Revocable Trust $695,000 Lawyers Title
Timothy & Candice Sagehorn Family Trust -- None Available
Sagehorn Timothy J -- None Available
Sagehorn Timothy J $605,000 California Title Company
Zeigler Meredith L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarit Neter Revocable Trust $460,000
Previous Owner Sagehorn Timothy J $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $605,000 -3.2% $378 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $625,000 -- $391 / 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 $8,314 $790,789 $655,400 $135,389
2024 $8,314 $775,284 $642,549 $132,735
2023 $8,099 $760,083 $629,950 $130,133
2022 $7,945 $745,180 $617,598 $127,582
2021 $7,763 $730,569 $605,488 $125,081
2020 $7,719 $723,078 $599,279 $123,799
2019 $7,547 $708,900 $587,528 $121,372
2018 $7,413 $695,000 $576,007 $118,993
2017 $6,808 $639,026 $509,629 $129,397
2016 $6,508 $626,497 $499,637 $126,860
2015 $6,410 $617,087 $492,132 $124,955
2014 $2,942 $281,051 $150,853 $130,198
Source: Public Records

Agents Affiliated with this Home

  • Pegi Dirienzo

    Seller's Agent in 2014

    Pegi Dirienzo

    Real Broker

    (949) 525-1125

    56 in this area

    105 Total Sales

    Pegi Dirienzo
    Section Image

  • K

    Buyer's Agent in 2014

    Keith Randle

    Keith Randle, Broker

    (949) 689-8880

    7 Total Sales

    Keith Randle
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14005845

California Regional Multiple Listing Service (CRMLS)

APN: 930-164-27

California Orange County Irvine 92603 Turtle Rock

53 Rainbow Ridge, Irvine, CA

Not Listed for Sale

Condos

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