NOT LISTED FOR SALE

Estimated Value: $2,155,000 - $2,471,818

5 Beds
5.5 Baths
4,100 Sq Ft
$578/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $1,399,000 $341 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $14,326/month

10 Days on Market

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Running Springs Elementary Rated A-
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of June 2015

Customized estate home in gate guarded Summit Pointe enjoys 180 degree views of sunsets, city lights, mountains and distant LA. A courtyard entrance opens to a grand rotunda. The main floor boasts newer Brazilian wood plank flooring, a private office w/courtyard separate entrance, and an expansive formal living room and dining room with French doors to the view and backyard. There are two bedroom suites located on the main level. A center island granite kitchen is open to the family room with its sweeping corner fireplace. A newer decorative iron staircase leads to the luxury master suite with marble bathroom, separate sitting or exercise room, his and hers closets and a romantic balcony to enjoy the views. All bedrooms are en suite in this highly upgraded home. Professionally landscaped and lightscaped, the backyard features a putting green along with a custom designed BBQ area with granite counters, ample guest seating area, two refrigerators, extra burners and a fire and ice fire ring built into the granite island to enjoy sunsets all year. A storage/hobby room could be a third garage. An oversized closet in the main entertaining area could be a perfect wine cellar. Rarely available on the view, this home is an exceptional opportunity.

Last Agent to Sell the Property

Marilyn Ryder

Seven Gables Real Estate License #01066623 Listed on: 05/15/2015

Seven Gables Real Estate

Last Buyer's Agent

Clayton Kilbarger

First Team Real Estate License #01413602

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,813

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Northeast Facing Home

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Turnkey

Interior Spaces

  • 4,100 Sq Ft Home
  • Central Vacuum
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • French Mullion Window
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Zoned Cooling
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 13266
  • Assessor Parcel Number 35434112

Community Details

Overview

  • Summit Estates Association
  • The Summit Association

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,813

Year Built

Built in 2000

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Crestview Estates (CRVE)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 35434112
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Two Story Ceilings, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 341.22
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Office
  • Window Features: Custom Covering, Drapes, Double Pane Windows, French/Mullioned, Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills, Mountain(s), Panoramic
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Direct Garage Access, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Public
  • Cooling: Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: The Summit
  • Association Fee: 150.00
  • Association #2 Fee: 105.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Summit Estates
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Orange Unified

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10964.00
  • Price Per Lot Square Foot: 127.60
  • Lot Size Acres: 0.2520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10964.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 13266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Morrow Chad and Scott Morrow Lisa
Bought by
Morrow Chad Christopher and Scott Morrow Lisa
Total Days on Market
10
Current Estimated Value
$2,371,705

Purchase Details

Listed on
May 15, 2015
Closed on
May 26, 2015
Sold by
Beguwala Moiz and Beguwala Shirin
Bought by
Morrow Chad and Scott Morrow Lisa
Seller's Agent
Marilyn Ryder
Seven Gables Real Estate
Buyer's Agent
Clayton Kilbarger
First Team Real Estate
List Price
$1,439,000
Sold Price
$1,399,000
Premium/Discount to List
-$40,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$962,500
Outstanding Balance
$765,841
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,775,570

Purchase Details

Closed on
Apr 29, 2009
Sold by
Vazquez Arturo
Bought by
Beguwala Moiz and Beguwala Shirin

Purchase Details

Closed on
Oct 3, 2007
Sold by
Vazquez Arturo
Bought by
Vazquez Arturo and Arturo Vazquez & Olivia Vazquez Trust

Purchase Details

Closed on
Jan 31, 2007
Sold by
Vazquez Arturo
Bought by
Vazquez Arturo and Arturo Vazquez & Oliva Vazquez Trust

Purchase Details

Closed on
Oct 26, 2006
Sold by
Salazar Olivia De Anda
Bought by
Vazquez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2005
Sold by
Serrano Nicholas
Bought by
Vazquez Arturo

Purchase Details

Closed on
Oct 18, 2004
Sold by
Han Kyung Hee
Bought by
Serrano Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2001
Sold by
Hartman James R
Bought by
Han Kyung Hee

Purchase Details

Closed on
Sep 29, 2000
Sold by
Shea Homes Ltd Partnership
Bought by
Han Kyung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,800
Interest Rate
9.1%
Source: Public Records

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Range of Values:

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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
Morrow Chad Christopher -- None Available
Morrow Chad $1,375,000 Fidelity Natl Title Orange C
Beguwala Moiz $1,235,000 California Counties Title Co
Vazquez Arturo -- None Available
Vazquez Arturo -- None Available
Vazquez Arturo -- Chicago Title Co
Vazquez Arturo -- --
Serrano Nicholas $1,350,000 Landwood Title Company
Han Kyung Hee -- First American Title Ins Co
Han Kyung Hee $694,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Family Trust $320,000
Closed Morrow Chad Christopher $335,000
Closed Morrow Chad $209,350
Open Morrow Chad $962,500
Previous Owner Vazquez Arturo $144,000
Previous Owner Vazquez Arturo $1,011,000
Previous Owner Serrano Nicholas $1,000,000
Previous Owner Han Kyung Hee $50,000
Previous Owner Han Kyung Hee $689,500
Previous Owner Han Kyung Hee $520,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,399,000 -2.8% $341 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $1,439,000 -- $351 / 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
2024 $17,813 $1,654,718 $916,581 $738,137
2023 $17,426 $1,622,273 $898,609 $723,664
2022 $17,094 $1,590,464 $880,989 $709,475
2021 $16,607 $1,559,279 $863,715 $695,564
2020 $16,455 $1,543,291 $854,859 $688,432
2019 $16,239 $1,513,031 $838,097 $674,934
2018 $15,989 $1,483,364 $821,664 $661,700
2017 $14,994 $1,423,887 $805,553 $618,334
2016 $14,699 $1,395,968 $789,758 $606,210
2015 $13,970 $1,323,282 $686,232 $637,050
2014 $12,401 $1,174,000 $580,859 $593,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15104744

California Regional Multiple Listing Service (CRMLS)

APN: 354-341-12