See Home Value
$1,795,097*
House - Off Market

12040 S Riviera

Tustin, CA 92782
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3111 Sqft
$1,436,000 - $1,754,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jun 18, 2021
$1,600,000
$1,280,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051

About This Property

Welcome to 12040 S Riviera, a Dream Home Located in the Gated Community of Montecito in Tustin Ranch. This Highly Sought-After Location Boasts Four Bedrooms, Three Full Bathrooms (One Bed and Bath Located on the Main Floor), Plantation Shutters, Soaring Ceilings, Private Backyard, and Custom Upgrades Throughout. The Gourmet Kitchen Enjoys Granite Counters, Stainless Steel Appliances, Built-In Fridge, Breakfast Nook, Island, Dual Ovens, and Backyard Views. The Family Room Features a Cozy Fireplace and Overlooks the Backyard. The Spacious Master Suite Includes Built-In Speakers and a Remodeled Bath with Dual Vanities, Walk-In Shower, Soaking Tub, and Walk-In Closet with Built-In Organizers. The Entertainer's Backyard Includes a Spa, Grass, Turf, Garden Beds, Fountain, Built-In BBQ, and Multiple Seating Areas. Indoor Laundry Room with Built-In Cabinets and Sink. Direct Access Three Car Garage with Built-In Cabinets and Ceiling Storage Racks. Additional Upgrades Include Newer Carpet Downstairs, Newer Water Heater, New Upstairs Windows, Two Solar Attic Fans, and New Spa Filter and Pump. HOA Amenities Include a Resort Style Pool, Spa, Playground, Tennis Court, and BBQ Area. Walk to Blue Ribbon Schools, Citrus Ranch Park, Cedar Grove Park, and Peters Canyon Trails. Short Drive to Irvine/Tustin Market Place, Tustin Ranch Golf Course, and Hiking/Biking Trails. Easy Access to 5 Freeway and 241/261 Toll Roads. 12040 S Riviera is a Must See!

The manager has listed the unit size as 3111 square feet.
Unit Size
3,111Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$513
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

Price History

Date / Event Date Event Price
Oct 7, 2021 No longer available -
No longer available
Jun 18, 2021 Sold to Aniket Vijay Badkar, Pallav... $1,600,000
Sold to Aniket Vijay Badkar, Pallav...
May 26, 2021 In contract -
In contract
Apr 16, 2021 Listed $1,595,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 638
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 7,865
  • Total Building Area: 3,111
  • Building Area: 3,111
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,111
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13902
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 13902 BLK LOT 68

Ownership

  • Current Owner : BADKAR ANIKET VIJAY
  • Current Owner 2: BADKAR PALLAVI D
  • Previous Owner : LOTH MARTIA
  • Previous Owner 2: COOK LOTH WANDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075607

Geography

  • Assessors Map Reference: 24-D2
  • Subdivision Tract Number: 13902
  • Parcel: 501-097-04
  • Lot: 68
  • Latitude: 33.7437
  • Longitude: -117.778

    Address

  • Full Address: 12040 S Riviera
  • Address - House Number: 12040
  • Street Direction: S
  • Address - Street Name: Riviera
  • State: CA
  • City Name: Tustin
  • Carrier Code: C052
  • 4-Digit Zip Code: 1205
  • Zip Code: 92782

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,441
  • Tax Rate Code Area: 13-077

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 2,031,739
  • High Value: 2,387,201
  • Low Value: 1,676,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,280,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,664,640
  • Assessed Land Value: $1,252,687
  • Assessed Improvements Value: $411,953

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840614040
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000403995

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $1,280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,254 ft²
$561/ft²
$1,825,000 May 16, 2022
-
-
House
4 Beds
3.5 Baths
2,311 ft²
$714/ft²
$1,650,000 Jun 7, 2023
-
$1,557/mo
In Contract
Condo
3 Beds
2.5 Baths
2,347 ft²
$579/ft²
$1,358,800 Apr 26, 2023
-
$395/mo

About Tustin


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Frequently Asked Questions

When was property at 12040 South Riviera built and last sold?
The property at 12040 South Riviera was built in 1992 and last sold on May 25, 2021 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 12040 South Riviera is $1,637,884.
What are some comparable homes to 12040 South Riviera?
There are currently no comparable homes to 12040 South Riviera.

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