NOT LISTED FOR SALE

2960 Champion Way Unit 1606 Tustin, CA 92782

Tustin Ranch Neighborhood

Estimated Value: $581,000 - $627,000

1 Bed
1 Bath
774 Sq Ft
$390/mo HOA Fee

Last Sold March 05, 2024

Last sale price $595,000 $769 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,256/month

7 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Clubhouse
  • Ladera Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2024

Experience the charm of this meticulously maintained 1-bedroom, 1-bath condominium. Situated within the sought-after Rancho Veracruz complex, a resort-style community in the Tustin Ranch Golf Course area, this condo has been thoughtfully cared for. There are no neighbors below the unit, allowing you to walk freely on the laminate wood floor. Upon entering, you step directly into the spacious and well-lit dining and living area, featuring a charming fireplace and a large glass slider leading to the covered patio – an ideal space for relaxing and enjoying California weather. The kitchen is equipped with stainless steel appliances, quality fixtures, and tall upper cabinets. The bedroom is spacious, boasting dual built-in closets. Additional highlights include an in-unit washer and dryer, and a coveted position within a meticulously maintained community, boasting pools and lush gardens. Residents can enjoy the amenities of 2 pools, spas, a clubhouse, and an exercise center. Conveniently located near the Tustin Ranch Golf Club, dining establishments, the heart of Tustin, and various work locations, this residence ensures a desirable and well-connected living experience. And don't forget about the low tax rate and award winning schools!

Last Listed By

Shelby Wu

Coldwell Banker Realty License #01848082 Listed on: 01/31/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,537

Year Built

  • Built in 1990

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • Density is over 40 Units/Acre

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • Neighborhood
  • Courtyard

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Ladera Elementary School
  • Pioneer Middle School
  • Beckman High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 13824
  • Assessor Parcel Number 93813360
  • $202 per year additional tax assessments

Community Details

Overview

  • 317 Units
  • Rancho Veracruz Association, Phone Number (714) 508-9070
  • Optimum Property Management HOA
  • Rancho Veracruz Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,537

Year Built

Built in 1990

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Rancho Veracruz (RV)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93813360
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 774.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Pantry, Storage
  • Stories: 1
  • Entry Location: 2nd floor
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 768.73
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, Community
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Neighborhood
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Veracruz
  • Phone: 714-508-9070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park
  • Association Management: Optimum Property Management

Schools

  • School District: Tustin Unified
  • Elementary School: Ladera
  • Middle School: Pioneer
  • High School: Beckman
  • Elementary School: Ladera
  • High School: Beckman
  • Middle Or Junior School: Pioneer
  • Elementary School #2: LADERA
  • High School2: BECKMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Over 40 Units/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 317
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 756.07
  • Tax Lot: 4
  • Tax Tract Number: 13824
  • TaxOtherAnnualAssessmentAmount: 202.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Feb 15, 2024
Sold by
Chien Yuanyu Yu and Chien Fangyu
Bought by
Jew Michael Herbert and Jew Andrea
Seller's Agent
Shelby Wu
Coldwell Banker Realty
Buyer's Agent
Charles Fausto
Keller Williams Palos Verdes
List Price
$569,900
Sold Price
$595,000
Premium/Discount to List
$25,100
4.4%
Total Days on Market
7
Views
111
Current Estimated Value
$611,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,135
Avg. Annual Appreciation
1.53%
Original Mortgage
$395,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2021
Closed on
Dec 16, 2021
Sold by
Joseph Chan Chin Wai
Bought by
Chien Yuanyu and Hsu Fangyu
Seller's Agent
Jason Commerford
RE/MAX TerraSol
Buyer's Agent
Shelby Wu
Coldwell Banker Realty
List Price
$449,888
Sold Price
$501,000
Premium/Discount to List
$51,112
11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$221,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Dec 14, 2012
Sold by
Mayer Candace E
Bought by
Chan Chin Wai Joseph
Seller's Agent
Donald Ross
Together Realty
Buyer's Agent
Grace Lapena
Zutila, Inc.
List Price
$164,950
Sold Price
$232,000
Premium/Discount to List
$67,050
40.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$184,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Range of Values:

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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
Jew Michael Herbert $595,000 Fidelity National Title
Chien Yuanyu $501,000 Ticor Title
Chan Chin Wai Joseph $232,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jew Michael Herbert $395,000
Previous Owner Chien Yuanyu $221,000
Previous Owner Chan Chin Wai Joseph $184,000
Previous Owner Mayer Candace E $40,000
Previous Owner Mayer Candace E $240,000
Previous Owner Mayer Candace E $224,800
Previous Owner Mayer Candace E $115,000
Previous Owner Mayer Candace E $90,000
Previous Owner Mayer Candace E $12,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $595,000 +4.4% $769 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $569,900 +13.8% $736 / Sq Ft
01/25/2022 01/25/22 Sold $501,000 +11.4% $647 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $449,888 +93.9% $581 / Sq Ft
01/14/2013 01/14/13 Sold $232,000 0.0% $295 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
08/29/2012 08/29/12 Off Market $232,000 -- --
08/23/2012 08/23/12 For Sale $164,950 -- $210 / 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 $5,537 $521,240 $404,303 $116,937
2023 $5,411 $511,020 $396,375 $114,645
2022 $3,334 $269,210 $155,455 $113,755
2021 $3,258 $263,932 $152,407 $111,525
2020 $3,209 $261,226 $150,844 $110,382
2019 $3,148 $256,104 $147,886 $108,218
2018 $3,078 $251,083 $144,986 $106,097
2017 $2,983 $246,160 $142,143 $104,017
2016 $2,930 $241,334 $139,356 $101,978
2015 $2,901 $237,709 $137,262 $100,447
2014 $2,871 $233,053 $134,573 $98,480
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24022237

California Regional Multiple Listing Service (CRMLS)

APN: 938-133-60