NOT LISTED FOR SALE

5350 Malibu Way Chino, CA 91710

Estimated Value: $749,294 - $815,000

3 Beds
2.5 Baths
1,915 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $571,260 $298 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,788/month

Highlights

  • Under Construction
  • Primary Bedroom Suite
  • High Ceiling
  • In Ground Spa
  • Open Floorplan
  • Great Room

About This Home

As of October 2020

Brand NEW energy-efficient home ready Oct-Nov 2020! The two-story layout features a private owner’s suite, complete with dual sinks and a spacious walk-in closet. Linen cabinets, gray granite countertops, white subway backsplash, rustic EVP, tile and neutral carpet in our upgraded Posh package. Located in Chino, Orchard Square is near several freeways that access to LA, OC, inland and the desert. Residents of Orchard Square will love swimming at the community pool, and cooking on the barbecues. Outdoor recreation activities abound at Angeles National Forest, just a short drive away. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands on energy bills.

Last Agent to Sell the Property

Barry Grant

Meritage Homes of California License #01078820 Listed on: 07/08/2020

Last Buyer's Agent

Connie Martinez

First Team Real Estate License #01101534

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,484

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 2,339 Sq Ft Lot
  • Vinyl Fence
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Tile Roof
  • Seismic Tie Down

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Panel Doors
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Low Flow Shower
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment for Heating
  • Energy-Efficient Thermostat
  • Solar Heating System

Schools

  • Marshall Elementary School
  • Magnolia Middle School
  • Chino High School

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Spa
  • Suburban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 18924

Community Details

Overview

  • Orchard Square HOA, Phone Number (951) 241-8482
  • Vintage Group HOA
  • Built by Meritage Homes
  • Residence 1

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,484

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$179 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Orchard Square
  • View: No
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1915.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 298.31
  • Room Type: All Bedrooms Up, Great Room, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Seismic Tie Down, Slab
  • Fence: Yes
  • Fencing: Vinyl
  • Builder Name: Meritage Homes
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Solar, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 179.00
  • Association Fee Frequency: Monthly
  • Association Name: Orchard Square HOA
  • Phone: 951-241-8482
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Vintage Group

Schools

  • School District: Chino Valley Unified
  • Elementary School: Marshall
  • Middle School: Magnolia
  • High School: Chino
  • Elementary School: Marshall
  • High School: Chino
  • Middle Or Junior School: Magnolia
  • Elementary School #2: MARSHA
  • High School2: CHINO

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: Appliances, Construction, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 2339.00
  • Lot Size Acres: 0.0537
  • Latitude Manual: 34.04414800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2339.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 18924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 10, 2020
Sold by
Meritage Homes Of California Inc
Bought by
Kaing Paul Vincent
Seller's Agent
Barry Grant
Meritage Homes of California
Buyer's Agent
Connie Martinez
First Team Real Estate
List Price
$557,000
Sold Price
$571,260
Premium/Discount to List
$14,260
2.56%
Current Estimated Value
$775,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,564
Avg. Annual Appreciation
6.30%
Original Mortgage
$200,000
Outstanding Balance
$142,409
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$633,415
Source: Public Records

Range of Values:

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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
Kaing Paul Vincent $571,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaing Paul Vincent $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $571,260 +2.6% $298 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $557,000 -- $291 / 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 $6,484 $602,916 $211,075 $391,841
2024 $6,484 $591,094 $206,936 $384,158
2023 $6,303 $579,503 $202,878 $376,625
2022 $6,243 $568,140 $198,900 $369,240
2021 $6,120 $557,000 $195,000 $362,000
2020 $1,536 $135,214 $135,214 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20133694

California Regional Multiple Listing Service (CRMLS)

APN: 1014-273-14