NOT LISTED FOR SALE

61 Ballast Point Tustin, CA 92782

Estimated Value: $1,640,000 - $1,956,000

4 Beds
4 Baths
2,989 Sq Ft
$425/mo HOA Fee

Last Sold November 19, 2019

Last sale price $980,000 $328 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $10,982/month

14 Days on Market

Highlights

  • Fitness Center
  • Built in 2019 | Newly Remodeled
  • Bonus Room
  • Heritage Elementary Rated A
  • Spa
  • Great Room

About This Home

As of November 2019

Velocity Residence 5 is a three-story single-level-living flat that features 4 bedrooms, 4 bathrooms, a 3rd floor bonus room with deck, and a great home layout. The first floor encompasses the 2-bay garage with storage and a foyer with coat closet and built-in cabinetry. Take the stairs up to the main living floor and enjoy the open-concept main space of the great room and dining room along with a deck featuring sliding doors. Gather around the gourmet kitchen with large center island and pantry closet. Off the great room, find two secondary bedrooms (one with an ensuite bath) and a shared bathroom, plus the laundry closet. On the opposite side of the floor, pass another secondary bedroom with ensuite on the way to the master suite. The large master features an over sized walk-in closet and bathroom with walk-in shower, soaking tub, and dual vanities. The third level boasts a flexible bonus room and a fun rooftop deck, ideal for parties, morning yoga, and stargazing. Home features stainless steel GE appliances with refrigerator, Amara Quartz counters in kitchen, and white upgraded cabinets. Residents will also enjoy The Connection, a .6 acre community recreation facility features a swimming pool, spa, barbecues and showers. Home ready for move-in November 2019.

Last Agent to Sell the Property

Derek Oie

KW VISION License #01089705 Listed on: 09/22/2019

KW VISION

Last Buyer's Agent

Nee Ling Sniffen

Inactive Office C&C13 License #00453529

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 2,988

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,989 Sq Ft Home
  • Great Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Sewer Paid

Additional Features

  • Spa
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 18125

Community Details

Overview

  • 60 Units
  • Crummack Huseby Association, Phone Number (949) 367-9430
  • Built by Lennar
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Levity at Tustin Legacy - VELOCITY
  • View: No
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2989.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 327.87
  • Room Type: Bonus Room, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association

Exterior Features

  • Builder Name: Lennar
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Crummack Huseby
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Recreation Room, Maintenance Grounds
  • Association Fee: 170.00
  • Association #2 Fee: 255.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Crummack Huseby
  • Phone: 949.367.9430
  • Association Phone #2: 949.367.9430
  • Senior Community: No
  • Community Features: Urban
  • Association Management: Crummack Huseby

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2989.00
  • Lot Size Acres: 0.0686
  • Latitude Manual: 33.70362000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2989.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 55
  • Tax Tract Number: 18125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 18, 2019
Sold by
Lennar Homes Of California Inc
Bought by
Li Yan
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Nee Ling Sniffen
Inactive Office C&C13
List Price
$1,011,990
Sold Price
$980,000
Premium/Discount to List
-$31,990
-3.16%
Current Estimated Value
$1,799,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,186
Avg. Annual Appreciation
10.31%
Original Mortgage
$65,000
Outstanding Balance
$57,240
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,741,946
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
Li Yan $980,000 Calatlantic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yan $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $980,000 -3.2% $328 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $1,011,990 -- $339 / 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 $14,566 $1,071,772 $444,606 $627,166
2024 $14,566 $1,050,757 $435,888 $614,869
2023 $14,213 $1,030,154 $427,341 $602,813
2022 $14,308 $1,009,955 $418,961 $590,994
2021 $13,967 $990,152 $410,746 $579,406
2020 $13,855 $980,000 $406,535 $573,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19225979

California Regional Multiple Listing Service (CRMLS)

APN: 933-028-89