NOT LISTED FOR SALE

Estimated Value: $7,187,476 - $8,301,000

6 Beds
6.5 Baths
5,562 Sq Ft
$1,409/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $3,830,000 $689 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $45,812/month

123 Days on Market

Highlights

  • 24-Hour Security
  • Private Pool
  • 0.27 Acre Lot
  • Vista Verde Rated A+
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of March 2016

Beautiful 6 BR/6.5 BA hilltop home in the gate guarded community of Summit in Turtle Ridge. The home offers expansive views accompanied with privacy and peacefulness. The kitchen features European cabinetry, granite countertops, and stainless steel appliances. Formal dining room paves way to the romantic loggia, alongside French designed fountain and grand fireplace. First floor master suite is adjacent to the pool. Brand new carpet throughout all the bedrooms as well as newly installed cabinets in the master suite walk-in closet. Outdoor built-in BBQ, infinity salt water pool & spa with remote-activated features. Property yields amazing views of the ocean, mountain ranges, and marvelous city lights.

Last Agent to Sell the Property

KATHY HUA

Presidential Inc License #01416189 Listed on: 09/02/2015

Last Buyer's Agent

Soheila Shirazi

Surterre Properties Inc License #00883491

Surterre Properties Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Fence is in good condition

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 5,562 Sq Ft Home
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Shared Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 47843428

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$410 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: La Cima (LACM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47843428
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5562.00
  • Interior Amenities: Balcony, Granite Counters, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 688.60
  • Room Type: Family Room, Guest/Maid's Quarters, Great Room, Loft, Living Room, Main Floor Master Bedroom, Walk-In Pantry, Walk-In Closet
  • Spa Features: Above Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Barbecue Private
  • View: City Lights
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Features: Association, Community, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 11844.00
  • Price Per Lot Square Foot: 323.37
  • Lot Size Acres: 0.2720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11844.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Gitibin Parsa Kathy
Bought by
Kathy Gitibin Trust
Current Estimated Value
$7,835,619

Purchase Details

Closed on
Apr 10, 2018
Sold by
Fallahi Siavash and Parsa Kathy G
Bought by
Fallahi Siavash and Siavash Fallahi Trust

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 13, 2016
Sold by
Liu Wei and Wang Yi Qian
Bought by
Parsa Kathy G and The Grandview Trust
Seller's Agent
KATHY HUA
Presidential Inc
Buyer's Agent
Soheila Shirazi
Surterre Properties Inc
List Price
$4,580,000
Sold Price
$3,830,000
Premium/Discount to List
-$750,000
-16.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$2,000,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 4, 2013
Sold by
Li Zehong
Bought by
Liu Wei and Wang Yi Qian
Seller's Agent
Hong Hu
Realty One Group West
Buyer's Agent
KATHY HUA
Presidential Inc
List Price
$3,890,000
Sold Price
$3,660,000
Premium/Discount to List
-$230,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Zeng Shaogui
Bought by
Li Zehong

Purchase Details

Closed on
Apr 8, 2010
Sold by
Reznick Robert M and Reznick Christine C
Bought by
Li Zehong and Zeng Shaogui

Purchase Details

Closed on
Dec 23, 2008
Sold by
Reznick Christine C
Bought by
Reznick Robert M and Reznick Christine C

Purchase Details

Closed on
Jan 4, 2006
Sold by
Wl Homes Llc
Bought by
Reznick Robert M and Reznick Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7%
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
Kathy Gitibin Trust -- --
Parsa Kathy Gitibin -- --
Fallahi Siavash -- --
Fallahi Siavash -- None Available
Fallahi Siavash -- None Available
Parsa Kathy G -- None Available
Parsa Kathy G $3,830,000 Fidelity National Title
Liu Wei $3,660,000 Lawyers Title
Li Zehong -- None Available
Li Zehong $3,200,000 Landwood Title Company
Reznick Robert M -- None Available
Reznick Robert M -- None Available
Reznick Robert M -- None Available
Reznick Robert M $3,792,500 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parsa Kathy G $2,000,000
Previous Owner Reznick Robert M $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2016 03/07/16 Sold $3,830,000 -10.5% $689 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
12/25/2015 12/25/15 Price Changed $4,280,000 -6.6% $770 / Sq Ft
09/02/2015 09/02/15 For Sale $4,580,000 +25.1% $823 / Sq Ft
11/26/2013 11/26/13 Sold $3,660,000 -5.9% $658 / Sq Ft View Prior Sale
10/30/2013 10/30/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $3,890,000 -- $699 / 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 $52,184 $4,533,941 $2,868,491 $1,665,450
2024 $52,184 $4,445,041 $2,812,246 $1,632,795
2023 $51,078 $4,357,884 $2,757,104 $1,600,780
2022 $50,192 $4,272,436 $2,703,043 $1,569,393
2021 $49,300 $4,188,663 $2,650,042 $1,538,621
2020 $48,704 $4,145,714 $2,622,869 $1,522,845
2019 $47,846 $4,064,426 $2,571,440 $1,492,986
2018 $46,994 $3,984,732 $2,521,020 $1,463,712
2017 $46,199 $3,906,600 $2,471,588 $1,435,012
2016 $44,968 $3,790,056 $2,389,732 $1,400,324
2015 $44,330 $3,733,126 $2,353,836 $1,379,290
2014 $43,779 $3,660,000 $2,307,728 $1,352,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15194587

California Regional Multiple Listing Service (CRMLS)

APN: 478-434-28