NOT LISTED FOR SALE

Estimated Value: $3,478,000 - $3,997,000

5 Beds
5.5 Baths
5,630 Sq Ft
$651/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2022

Last sale price $3,575,000 $635 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $23,001 / mo

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Cathedral Ceiling
  • Montemalaga Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of July 2022

WALLACE RANCH BEAUTY! This remodeled home, located in the very desirable Wallace Ranch community has been remodeled to perfection. Largest model on the largest lot, it has 5 bedrooms plus a huge bonus room that could become another bedroom. The spectacular formal entry leads to the step down living room with fireplace and soaring two story ceilings flooded with light from the huge windows. There is a gorgeous office with French doors leading to a front patio, formal dining room and large family room with fireplace - both with French doors leading to the outside patios and yard, remodeled center island kitchen with quartz counters and white cabinetry along with large bar area plus breakfast nook. The elegant entry staircase leads to the master suite complete with seating area and French doors leading to a balcony (perfect for the morning coffee) and fireplace, huge walk-in closet and elegant bath. The outdoor entertaining area is complete with built-in barbecue and fire pit plus grassy yard making it perfect for entertaining and family fun. This home is perfection - can't wait to show it to you!

Last Agent to Sell the Property

Gayle Probst

Estate Properties License #01137236 Listed on: 05/06/2022

Last Buyer's Agent

Gayle Probst

Estate Properties License #01137236 Listed on: 05/06/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 10,318 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Front Yard
  • Property is zoned RPRS10000*

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Copper Plumbing

Interior Spaces

  • 5,630 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Game Room
  • Storage
  • Laundry Room
  • Utility Room
  • Center Hall
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Wallace Ranch Association, Phone Number (310) 977-9711
  • Scott Management HOA

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585033032

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

10,318 Sq Ft Lot

HOA Fees

$150 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: RPRS10000*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585033032
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5630.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Dry Bar, Granite Counters, High Ceilings, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Storage, Sunken Living Room, Two Story Ceilings, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full 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
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 634.99
  • Room Type: Center Hall, Dressing Area, Entry, Family Room, Formal Entry, Game Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Suite, Office, Utility Room, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 450.00
  • Association Fee Frequency: Quarterly
  • Association Name: Wallace Ranch
  • Phone: 3109779711
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Scott Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Level with Street, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 10318.00
  • Lot Size Acres: 0.2369

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10318.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 64
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Ahir Bharatkumar Bhikhubhai and Ahir Geetaben B
Bought by
Ganesh Trust and Ahir
Current Estimated Value
$3,667,623

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 1, 2022
Sold by
Ruiz Family Trust
Bought by
Ahir Bharatkumar Bhikhubhal and Ahir Geetaben Bharatbhai
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Gayle Probst
Estate Properties
List Price
$3,475,000
Sold Price
$3,575,000
Premium/Discount to List
$100,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2020
Sold by
Ruiz Luis and Ruiz Eva
Bought by
Ruiz Luis C and Ruiz Eva M

Purchase Details

Closed on
Aug 2, 2006
Sold by
Lo Richard Yi Hsien
Bought by
Ruiz Luis and Ruiz Eva

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
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1994
Sold by
Shaw David
Bought by
Lo Richard Yi Hsien

Purchase Details

Closed on
Nov 7, 1994
Sold by
Shaw Jessamine
Bought by
Shaw David

Purchase Details

Closed on
Oct 24, 1994
Sold by
Lo Ching Jung
Bought by
Shaw David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganesh Trust -- None Listed On Document
Ahir Bharatkumar Bhikhubhal $3,575,000 Progressive Title
Ruiz Luis C -- None Available
Ruiz Luis $2,025,000 Investors Title Company
Lo Richard Yi Hsien $1,200,000 --
Shaw David -- --
Shaw David $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahir Bharatkumar Bhikhubhal $2,000,000
Previous Owner Ruiz Luis $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $3,575,000 +2.9% $635 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $3,475,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $40,873 $3,719,429 $1,985,603 $1,733,826
2024 $40,873 $3,646,500 $1,946,670 $1,699,830
2023 $40,289 $3,575,000 $1,908,500 $1,666,500
2022 $28,177 $2,556,583 $1,494,435 $1,062,148
2021 $28,083 $2,506,455 $1,465,133 $1,041,322
2019 $26,844 $2,432,114 $1,421,677 $1,010,437
2018 $26,644 $2,384,426 $1,393,801 $990,625
2016 $22,230 $2,004,000 $1,171,400 $832,600
2015 $22,426 $2,004,000 $1,171,400 $832,600
2014 $22,522 $2,004,000 $1,171,400 $832,600
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22094758

California Regional Multiple Listing Service (CRMLS)

APN: 7585-033-032

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