NOT LISTED FOR SALE

8662 Founders Grove St Chino, CA 91708

The Preserve Neighborhood

Estimated Value: $651,000 - $706,000

3 Beds
2.5 Baths
1,883 Sq Ft
$195/mo HOA Fee

Last Sold October 26, 2018

Last sale price $452,000 $240 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,602/month

151 Days on Market

Highlights

  • Fitness Center
  • In Ground Spa
  • Open Floorplan
  • Cal Aero Preserve Academy Rated A-
  • Primary Bedroom Suite
  • 1-minute walk to Forest Park

About This Home

As of October 2018

Former model home in the highly desirable master planned community of The Preserve at Chino. This beautiful and modern home in the Lynbrook community has 3 bedrooms, 2.5 bathrooms with 1,883 square feet of bright and spacious living space. Downstairs, the home opens up to a great room with gorgeous upgraded laminate wood flooring that leads into a gourmet kitchen with upgraded maple kitchen cabinetry, Whirlpool stainless steel appliances, and a pantry. The kitchen also features upgraded premium quartz countertops with a custom backsplash and a large quartz kitchen center island with a 36" stainless steel apron front sink. The downstairs also features a cozy office that can easily be converted into a 4th bedroom. Upstairs, the elegant master suite features a large walk-in closet, private bathroom with exquisite cultured marble counters, roman tub, and separate shower. The upstairs also features upgraded pad and carpeting, brushed nickel faucets, shower heads in all bathrooms, and pre-wire in all bedrooms for ceiling fans. This turnkey, move-in ready home also includes a Sun Power solar power system and an efficient tankless water heater. Residents can enjoy the Lynbrook community junior olympic size swimming pool and recreation center, community vegetable garden, and community park that is within a short walking distance from this home.

Last Agent to Sell the Property

Michael Korhan

Pacific Sotheby's Int'l Realty License #01166104 Listed on: 04/13/2018

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Fuchuan Zhang

Pinnacle Real Estate Group License #02023248

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,351

Year Built

  • Built in 2015

Lot Details

  • No Common Walls
  • Block Wall Fence
  • Drip System Landscaping
  • Level Lot
  • Front and Side Yard Sprinklers
  • Back Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Mediterranean Architecture
  • Turnkey
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,883 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • In Ground Spa
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near a clubhouse
  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18693
  • Assessor Parcel Number 1055361400000

Community Details

Overview

  • 60 Units
  • Preserve Master Maintenence Corp Association, Phone Number (949) 218-7730

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,351

Year Built

Built in 2015

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1055361400000
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1883.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 240.04
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Laundry, Master Bathroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Linen Closet/Storage, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Patio, Front Porch
  • Pool Features: Community
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Block, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, High Efficiency Water Heater, Microwave, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Biking Trails, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Controlled Access
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Association Name: Preserve Master Maintenence Corp
  • Phone: 9492187730
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Chino Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Close to Clubhouse, Corner Lot, Landscaped, Level, Park Nearby, Sprinklers Drip System, Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 1883.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 19.03
  • Tax Lot: 1
  • Tax Tract Number: 18693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Sep 18, 2018
Sold by
Hoang Le My T
Bought by
Wang Peng and Chun Xing
Seller's Agent
Michael Korhan
Pacific Sotheby's Int'l Realty
Buyer's Agent
Fuchuan Zhang
Pinnacle Real Estate Group
List Price
$504,900
Sold Price
$452,000
Premium/Discount to List
-$52,900
-10.48%
Current Estimated Value
$681,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,133
Avg. Annual Appreciation
6.24%
Original Mortgage
$293,800
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2017
Sold by
Kb Home Coastal Inc
Bought by
Hoang Le My T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

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
Wang Peng $452,000 First American Title Company
Hoang Le My T $499,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Peng $453,750
Closed Wang Peng $293,800
Previous Owner Hoang Le My T $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $452,000 -1.5% $240 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $458,800 -4.4% $244 / Sq Ft
07/16/2018 07/16/18 Price Changed $479,900 -4.0% $255 / Sq Ft
04/19/2018 04/19/18 Price Changed $499,900 -1.0% $265 / Sq Ft
04/13/2018 04/13/18 For Sale $504,900 -- $268 / 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 $8,351 $504,215 $176,475 $327,740
2024 $8,351 $494,329 $173,015 $321,314
2023 $8,200 $484,637 $169,623 $315,014
2022 $8,168 $475,134 $166,297 $308,837
2021 $8,065 $465,817 $163,036 $302,781
2020 $7,998 $461,040 $161,364 $299,676
2019 $7,909 $452,000 $158,200 $293,800
2018 $8,335 $498,800 $175,000 $323,800
2017 $7,763 $439,296 $147,576 $291,720
2016 $7,443 $430,682 $144,682 $286,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18077515

California Regional Multiple Listing Service (CRMLS)

APN: 1055-361-40