NOT LISTED FOR SALE

Estimated Value: $1,812,669 - $2,173,000

4 Beds
3 Baths
2,059 Sq Ft
$196/mo HOA Fee

Last Sold May 10, 2019

Last sale price $1,050,000 $510 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,570/month

74 Days on Market

Highlights

  • Orchard Views
  • Clubhouse
  • Community Pool
  • Orchard Hills School Rated A
  • Main Floor Bedroom
  • Sport Court

About This Home

As of May 2019

Gorgeous Inside

Last Agent to Sell the Property

Veronica Lee

Compass Newport Beach License #01165633 Listed on: 01/03/2019

Compass Newport Beach

Co-Listed By

Glara Lee

Compass Newport Beach License #01938180

Last Buyer's Agent

Peter Cheng

Treelane Realty Group Inc. License #01800721

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2015

Lot Details

  • No Common Walls
  • Back Yard

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,059 Sq Ft Home
  • Orchard Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Orchard Hills Middle School
  • Beckman High School

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 16719
  • Assessor Parcel Number 93823599

Community Details

Overview

  • 149 Units
  • Orchard Hills II Association, Phone Number (949) 833-2600

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 2015

Lot Details

0

HOA Fees

$196 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Terrazza (OHTER)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93823599
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2059.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 509.96
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Orchard
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Playground, Sport Court, Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 196.00
  • Association Fee Frequency: Monthly
  • Association Name: Orchard Hills II
  • Phone: (949)833-2600
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • High School: Beckman
  • Middle Or Junior School: Orchard Hills
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 149
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.20
  • Tax Lot: 63
  • Tax Tract Number: 16719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Apr 26, 2019
Sold by
Zand Sina Sadigh and Zand Pooka Ralli
Bought by
Cheng Winnie Lu
Seller's Agent
Veronica Lee
Compass Newport Beach
Buyer's Agent
Peter Cheng
Treelane Realty Group Inc.
List Price
$1,098,000
Sold Price
$1,050,000
Premium/Discount to List
-$48,000
-4.37%
Current Estimated Value
$1,934,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$884,971
Avg. Annual Appreciation
9.98%
Original Mortgage
$500,000
Outstanding Balance
$444,348
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,545,569

Purchase Details

Closed on
Feb 25, 2016
Sold by
Irvine Pacific Lp
Bought by
Zand Sina Sadigh and Zand Pooja Ralli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.71%
Mortgage Type
New Conventional
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
Cheng Winnie Lu $1,050,000 Lawyers Title
Zand Sina Sadigh $871,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Winnie Lu $500,000
Previous Owner Zand Sina Sadigh $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $1,050,000 -4.4% $510 / Sq Ft
03/20/2019 03/20/19 For Sale $1,098,000 +4.6% $533 / Sq Ft
03/18/2019 03/18/19 Off Market $1,050,000 -- --
03/18/2019 03/18/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,098,000 -- $533 / 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 $15,909 $1,171,292 $758,063 $413,229
2024 $15,909 $1,148,326 $743,199 $405,127
2023 $15,593 $1,125,810 $728,626 $397,184
2022 $15,315 $1,103,736 $714,339 $389,397
2021 $15,047 $1,082,095 $700,333 $381,762
2020 $14,891 $1,071,000 $693,152 $377,848
2019 $13,501 $923,955 $578,535 $345,420
2018 $13,273 $905,839 $567,191 $338,648
2017 $13,051 $888,078 $556,070 $332,008
2016 $5,552 $181,812 $21,167 $160,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19002234

California Regional Multiple Listing Service (CRMLS)

APN: 938-235-99