NOT LISTED FOR SALE

62 Stratus Ln Tustin, CA 92782

Estimated Value: $1,132,366 - $1,373,000

3 Beds
2.5 Baths
1,403 Sq Ft
$235/mo HOA Fee

Last Sold October 18, 2022

Last sale price $960,000 $684 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,804/month

33 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Outdoor Cooking Area
  • Venado Middle School Rated A
  • Sport Court
  • 2 Car Direct Access Garage

About This Home

As of October 2022

Welcome to 62 Stratus Lane, a beautiful FULLY DETACHED cul-de-sac home in sought after Tustin Field (within Irvine Unified School District)! A charming Mediterranean exterior invites all who enter into a freshly updated and elegant space. Some recent upgrades include LVP flooring, fresh paint, and a refreshed backyard. The main level features a half bath, direct access 2-car garage, and an open concept Great Room with a fireplace in the Living Room, access to the private backyard, and a kitchen with bar seating, stainless steel appliances, and crisp white cabinetry. The main level is complete with a low maintenance backyard which is the perfect place to relax and enjoy the outdoors. Upstairs is where all three bedrooms are located, as well as a convenient laundry closet with side-by-side washer and dryer (included). The Primary Suite boasts dual vanities, a separate tub and shower, a dedicated water closet, as well as a spacious walk-in-closet with built-ins. Being a fully detached home allows for plenty of windows to let in natural light, which enhances the bright finishes and color scheme throughout the home. Residents of Tustin Field enjoy great community events, a pool and spa, park, sport courts, playgrounds, and a community center, as well as close proximity to freeways and shopping and dining at The Marketplace and The District. All this with low HOA dues and Irvine schools! Come see this stunning home today before it's gone!

Last Agent to Sell the Property

Daniel Choi

Coldwell Banker Realty License #01792771 Listed on: 08/17/2022

Coldwell Banker Realty

Co-Listed By

Theresa Choi

Coldwell Banker Realty License #01957081

Last Buyer's Agent

Suresh Rajamani

Premier Realty Associates License #01789208

Premier Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,649

Year Built

  • Built in 2005

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,403 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Schools

  • College Park Elementary School
  • Venado Middle School
  • Irvine High School

Additional Features

  • Spa
  • No Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 16474
  • Assessor Parcel Number 93521256
  • $3,327 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 376 Units
  • Tustin Field I Association, Phone Number (949) 716-3998
  • Powerstone Property Management HOA
  • Corrigan Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Sport Court
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,649

Year Built

Built in 2005

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer and Dryer
  • Other Phone Description: (949) 354-4551
  • Property Attached: No
  • Subdivision Name Other: Corrigan (CORR)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93521256
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1403.00 Square Feet
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 684.25
  • Room Type: All Bedrooms Up, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association, Community

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Sport Court, Maintenance Front Yard
  • Association Fee: 234.86
  • Association Fee Frequency: Monthly
  • Association Name: Tustin Field I
  • Phone: (949)-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Park, Sidewalks, Suburban
  • Association Management: Powerstone Property Management

Schools

  • School District: Irvine Unified
  • Elementary School: College Park
  • Middle School: Venado
  • High School: Irvine
  • Elementary School: College Park
  • High School: Irvine
  • Middle Or Junior School: Venado
  • Elementary School #2: COLPAR
  • High School2: IRVINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 376
  • Number Of Units Total: 376

Tax Info

  • Tax Census Tract: 755.18
  • Tax Lot: 5
  • Tax Tract Number: 16474
  • TaxOtherAnnualAssessmentAmount: 3327.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Rajokkiyam Balaji and Balaji Jayalakshmi
Bought by
Balaji Family Trust and Rajokkiyam
Current Estimated Value
$1,213,092

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 17, 2022
Sold by
Li Yingluan
Bought by
Rajokkiyam Balaji and Balaji Jayalakshmi
Seller's Agent
Daniel Choi
Coldwell Banker Realty
Buyer's Agent
Suresh Rajamani
Premier Realty Associates
List Price
$950,000
Sold Price
$960,000
Premium/Discount to List
$10,000
1.05%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$902,500
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Yu Paul M
Bought by
Li Yingluan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,800
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Gwynn Ashley Catura
Bought by
Li Yingluan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,800
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Wl Homes Llc
Bought by
Gwynn Ashley Catura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,681
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Balaji Family Trust -- None Listed On Document
Rajokkiyam Balaji -- None Listed On Document
Rajokkiyam Balaji $960,000 Equity Title
Li Yingluan -- California Title Company
Li Yingluan $420,000 California Title Company
Gwynn Ashley Catura $621,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajokkiyam Balaji $902,500
Previous Owner Li Yingluan $331,800
Previous Owner Gwynn Ashley Catura $496,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold $960,000 +1.1% $684 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $950,000 0.0% $677 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $950,000 0.0% $677 / Sq Ft
08/04/2021 08/04/21 Rented $3,300 0.0% --
08/02/2021 08/02/21 Off Market $3,300 -- --
07/30/2021 07/30/21 For Rent $3,300 0.0% --
07/28/2021 07/28/21 Off Market $3,300 -- --
07/25/2021 07/25/21 For Rent $3,300 0.0% --
07/21/2021 07/21/21 Off Market $3,300 -- --
07/17/2021 07/17/21 For Rent $3,300 +10.0% --
03/10/2020 03/10/20 For Rent $3,000 0.0% --
03/09/2020 03/09/20 Rented $3,000 0.0% --
03/03/2020 03/03/20 Off Market $3,000 -- --
01/29/2020 01/29/20 For Rent $3,000 -- --
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 $13,649 $998,784 $755,458 $243,326
2024 $13,649 $979,200 $740,645 $238,555
2023 $13,325 $960,000 $726,122 $233,878
2022 $8,600 $507,054 $284,607 $222,447
2021 $8,430 $497,112 $279,026 $218,086
2020 $8,302 $492,015 $276,165 $215,850
2019 $8,134 $482,368 $270,750 $211,618
2018 $8,015 $472,910 $265,441 $207,469
2017 $7,860 $463,638 $260,237 $203,401
2016 $7,611 $454,548 $255,135 $199,413
2015 $7,435 $447,721 $251,303 $196,418
2014 $7,278 $438,951 $246,380 $192,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22177190

California Regional Multiple Listing Service (CRMLS)

APN: 935-212-56