See Home Value
Orange 92705
12344 Circula Panorama
$2,442,318*
House - Off Market

12344 Circula Panorama

North Tustin, CA 92705
bedrooms
6 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
5400 Sqft
$2,205,000 - $2,693,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jun 29, 2023
$2,200,000
$1,200,000 by Pnc Bank, National Association
Mortgage Due Jul 01, 2053
Sold Mar 02, 2022
$1,725,000

About This Property

Welcome to the Hollywood Hills of Orange County! Unlike anything you have ever seen, this completely remodeled custom home set high in the hills of Panorama Heights will take your breath away! From the moment you open the custom iron front door through to the numerous terraces from which to experience the never-ending city light and sunset views. Walls of windows, extensive French Doors, 15-foot vaulted beamed ceilings and stunning finishes combine to bring light, space and sky seamlessly together from sunrise to sunset. Every square inch of this home has been improved upon with the finest of custom finishes with today's modern contemporary motif in mind. This one-of-a-kind estate boasts a grand, yet comfortable and cozy setting, capped off with an air of sophistication throughout. The chef's kitchen is complete with top-of-the-line appliances include Viking six burner range, double ovens, farmhouse sink, sleek quartz countertops, designer gold & black hardware, ample storage, and casual dining counter. Gorgeous tile accents throughout create the ideal ambiance and setting that you will enjoy day in and day out. The primary suite is amazing with a custom quartzite-accented fireplace as a focal point, including an inviting walk-out balcony to relax and unwind. The sumptuous primary bathroom includes white oak vanities, immense walk-in shower, and modern pedestal soaking tub all perfectly poised to enjoy those views that await. Fully organized closet finishes this special area of the home. Two extra-large bedrooms are served by the Jack and Jill bathroom, with dual vanities and gorgeous finishes. This versatile floorplan offers a multitude of uses, with plenty of room for a home to create a yoga or creative art studio, energetic gym or just additional storage. There's still plenty of room for gaming or movie theater, with custom built-ins in the bonus room. This entertainer's estate boasts a great patio area for al-fresco dining, evening city light views, cocktails amongst friends, or coffee time at sunrise. A big bonus here is the expanded living space with private separate entrance, ideal for extended family, as an income generating additional dwelling unit, finished with sleeping quarters, living room, full bath, dining, and full kitchen with marble counters. Ideally situated near favorite restaurants, shopping, and only 20 minutes from John Wayne Airport. Your custom DREAM HOME awaits for you, your family and friends!

The manager has listed the unit size as 5400 square feet.
Unit Size
5,400Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$454
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

Price History

Date / Event Date Event Price
Jul 1, 2023 No longer available -
No longer available
Jun 29, 2023 Sold to Kabaklian $2,200,000
Sold to Kabaklian
May 31, 2023 In contract -
In contract
May 19, 2023 Price Decreased $2,449,000
↓ $50K (2%)
Price Decreased
May 6, 2023 Relisted $2,499,000
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 775
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 13,380
  • Total Building Area: 4,800
  • Gross Building Area: 5,575
  • Building Area: 4,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 939
  • Land Acres: 0.307
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 939 BLK LOT 50

Ownership

  • Current Owner : KABAKLIAN FAMILY TRUST
  • Current Owner 2: KABAKLIAN
  • Previous Owner : REDLINE INVESTMENTS
  • Owner Before Previous Owner: GARZA
  • Owner Before Previous Owner 2: OKCHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orange Unified School District
  • Census Tract: 021914

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 18-B3
  • Subdivision Tract Number: 939
  • Parcel: 094-221-23
  • Lot: 50
  • Latitude: 33.7847
  • Longitude: -117.8

    Address

  • Full Address: 12344 Circula Panorama
  • Address - House Number: 12344
  • Address - Street Name: Circula Panorama
  • State: CA
  • City Name: Santa Ana
  • Carrier Code: C001
  • 4-Digit Zip Code: 6311
  • Zip Code: 92705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,135
  • Tax Rate Code Area: 76-071

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 99
  • Final Value: 2,684,736
  • High Value: 2,820,660
  • Low Value: 2,548,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,759,500
  • Assessed Land Value: $778,749
  • Assessed Improvements Value: $980,751

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11908824075
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 156284
  • Previous Sale Recording Date: Mar 02, 2022
  • Previous Sale Contract Date: Jan 12, 2022
  • Previous Sale Amount: $1,725,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    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
4 Baths
4,061 ft²
$640/ft²
$2,600,000 May 24, 2023
-
-
House
2 Beds
2 Baths
1,242 ft²
$2,009/ft²
$2,495,000 Mar 31, 2023
-
-
Land
Loft
-
-
$2,495,000 Jun 1, 2021
-
-

About Orange


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Frequently Asked Questions

When was property at 12344 Circula Panorama built and last sold?
The property at 12344 Circula Panorama was built in 1991 and last sold on Jun 28, 2023 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 12344 Circula Panorama is $2,473,490.
What are some comparable homes to 12344 Circula Panorama?
Homes that are comparable to 12344 Circula Panorama include a house property at 12281 Alta Panorama, a land property at 19102 East Smiley Drive, which are both great to check out.

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