NOT LISTED FOR SALE

Estimated Value: $3,534,581 - $3,929,000

6 Beds
5.5 Baths
4,098 Sq Ft
$903/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $2,400,000 $586 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $21,998/month

40 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Main Floor Bedroom
  • Jeffrey Trail Middle Rated A
  • Maid or Guest Quarters
  • Loft

About This Home

As of September 2021

Bringing together the very best in location, lifestyle, and luxury you will find 62 Clocktower. This La Cresta, residence 3 boasts the most highly sought after floor plan with adjoining guest suite with private entrance and possesses the 5th largest lot size at an expansive 7,065 square feet, which was a $200,000 location premium with no home behind at build out.

From the moment you enter the arched doorway, you will be greeted by soaring ceilings and rich walnut floors that run throughout main living area. The home has been thoughtfully and tastefully upgraded throughout and features six bedrooms, five and a half bathrooms, including guest suite and represents 4,098 square feet of open living area.

An entertainer's backyard with seating and fire pit designed by locally awarded landscaping firm, Roger's Gardens is perfect for family gatherings and intimate get togethers alike. Imagine having the best of both worlds with low maintenance artificial turf, while enjoying your own private orchard on drip irrigation. Mature trees include avocado, persimmon, fig, mango, plum, peach, nectarine, lemon, orange, ornamental olives with grape and kiwi vines.

Style and function throughout with storage have been designed by California Closets and the many windows let in warm ambient light, year-round.

The kitchen features an oversized island with bar seating, 6 burner cook top with vent hood and butler's kitchen with pantry. Bifold concertina doors seamlessly integrate indoor and outdoor living with the California room. Outdoor heaters and speakers with motorized screen create an unmistakable ambiance. Energy savings come standard with prepaid solar with Tesla and water softener.

If you are looking for a spectacular residence with designer detailed appointments at every turn in the heart of Irvine, you have found it. In essence, this is the perfect place to call home.

Last Agent to Sell the Property

Alexander Yu

First Team Real Estate License #01492674 Listed on: 07/01/2021

First Team Real Estate

Last Buyer's Agent

Nicole Vu

Compass Newport Beach License #01513960

Compass Newport Beach

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 7,065 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 4,098 Sq Ft Home
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Neighborhood Views

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Spa
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 17362
  • Assessor Parcel Number 55133170

Community Details

Overview

  • Woodbury Association, Phone Number (949) 451-1654
  • Keystone Pacific HOA

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949-247-8525
  • Property Attached: No
  • Subdivision Name Other: La Casella (LACAS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 55133170
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4098.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 585.65
  • Room Type: Family Room, Guest/Maid's Quarters, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Clubhouse
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Woodbury
  • Phone: 949-451-1654
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Keystone Pacific

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7065.00
  • Lot Size Acres: 0.1622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7065.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.18
  • Tax Lot: 53
  • Tax Tract Number: 17362

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
May Richard and May Cindy
Bought by
May Family Trust and May
Current Estimated Value
$3,705,757

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 10, 2021
Sold by
Kalra Tm and Kalra Kajal
Bought by
May Richard and May Cindy
Seller's Agent
Alexander Yu
First Team Real Estate
Buyer's Agent
Nicole Vu
Compass Newport Beach
List Price
$2,599,000
Sold Price
$2,400,000
Premium/Discount to List
-$199,000
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Brookfield Irvine Sixty Llc
Bought by
The Kalra Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
May Family Trust -- None Listed On Document
May Richard $2,400,000 Stewart Title Of Ca Inc
The Kalra Living Trust $1,881,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Richard $1,000,000
Previous Owner The Kalra Living Trust $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $2,400,000 -4.0% $586 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $2,499,000 -3.8% $610 / Sq Ft
07/01/2021 07/01/21 For Sale $2,599,000 0.0% $634 / Sq Ft
11/22/2019 11/22/19 Rented $1,645 -2.9% --
11/18/2019 11/18/19 Under Contract -- -- --
10/18/2019 10/18/19 For Rent $1,695 +13.0% --
02/14/2016 02/14/16 Rented $1,500 -3.2% --
01/19/2016 01/19/16 For Rent $1,550 +14.8% --
01/17/2015 01/17/15 Rented $1,350 -3.2% --
01/17/2015 01/17/15 For Rent $1,395 -- --
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 $28,610 $2,546,899 $1,559,727 $987,172
2024 $28,610 $2,496,960 $1,529,144 $967,816
2023 $28,700 $2,448,000 $1,499,160 $948,840
2022 $28,102 $2,400,000 $1,469,764 $930,236
2021 $24,871 $2,088,946 $1,178,262 $910,684
2020 $24,654 $2,067,527 $1,166,180 $901,347
2019 $24,956 $2,026,988 $1,143,314 $883,674
2018 $24,541 $1,987,244 $1,120,896 $866,348
2017 $24,124 $1,948,279 $1,098,918 $849,361
2016 $23,962 $1,910,078 $1,077,371 $832,707
2015 $23,645 $1,881,387 $1,061,188 $820,199
2014 $4,524 $14,601 $14,601 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21143349

California Regional Multiple Listing Service (CRMLS)

APN: 551-331-70