Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Stephen --
The following is a Current Value Assessment of your property based on current market conditions, a standard level property condition, comparable homes in your neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
TAX RECORD
Owner
MLS
MLS
MLS
Original
Lien Type
HISTORY
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
Keller Williams Luxury International
Chris Taylor
Summary of Comparable Properties
S SOLD LISTINGS
Analysis
Chris Taylor
Keller Williams Luxury International
Chris Taylor
Comparable homes sold for an average of $635 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
7445 Seastar Drive 6
Area: 15 - West Huntington Beach
Full baths: 1.0
Features
Association Name: Pier Pointe
Association Y N: Yes
Attached Garage Y/N: N
Community Features: Sidewalks
Contract Status Change
Date: 2024-09-14T00:00:00
Cooling: None
Direction Faces: North
Elevation Units: Feet
Flooring: Laminate, Tile
Garages: 1
List date: 8/30/24
List Price: $729,500
Low list price: $699,500
Orig list price: $750,000
Beach Union High
Heating: Central, Forced Air
Interior Features: High Ceilings, Living Room Balcony
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash To New Loan
Number Of Units In Community: 162
Parking Total: 2
Pool Features: Association
Pool Private Y N: No
Property Attached Yes/No: Yes
Bathroom Features: Shower in Tub, Exhaust fan(s)
Room Type: All Bedrooms Up, Kitchen, Living Room
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association
Special Listing Conditions: Standard
Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Park/Greenbelt
Water Source: Public
Year Built Source: Other Zoning: CONDO
Remarks
This is a Pier Pointe condominium property located in a private gated community. It is located a couple of miles from the beach, the Huntington Beach Pier and downtown Main Street. Very nice two-story condominium with 2 large bedrooms and 1 full bathroom on upper level and a 1/2 bathroom on the first level. Location within the complex is very good providing a full view of the large green belt area from the balcony deck area. There is also a one car detached garage with an additional open parking space located directly in front of the garage. The complex is gated and very well maintained. HOA dues include Spectrum Internet, cable and Disney+, a $200/mo. value.
Courtesy of Triton Real Estate Advisors
Information is deemed reliable but not guaranteed.
Chris Taylor
19215 Shoreline Lane 8
$699,500 2 Beds 2.00 Baths 1,248.0 Sq. Ft. ($560 / sqft)
CLOSED 7/26/24
Details
Prop Type: Condominium
County: Orange
Area: 15 - West Huntington Beach
Subdivision: Pierpointe (PRPT)
Features
Accessibility Features: None
Association Name: Pierpointe
Association Y N: Yes
Attached Garage Y/N: Y
Carport Spaces: 1
Community Features: Biking, Dog Park, Sidewalks
Contract Status Change
Date: 2024-07-26T00:00:00
Cooling: None
Elevation Units: Feet
Full baths: 1.0
Half baths: 1.0
Lot Size (sqft):
Garages: 1
List date: 4/16/24
Year Built 1980 Days on market: 56
Sold date: 7/26/24
Off-market date: 6/26/24
Updated: Jul 26, 2024 4:22 AM
List Price: $699,500
Orig list price: $749,500
Assoc Fee: $485
School District: Huntington Beach Union High
High: Huntington Beach
Heating: Fireplace(s), Forced Air, Wall Furnace
Interior Features: High Ceilings, Open Floorplan, Unfurnished
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: 1031
Exchange, Cash, Cash To New Loan, Conventional, FHA
Number Of Units In Community: 160
Parking Total: 3
Patio And Porch Features: Covered, Deck
Pool Features: Association
Pool Private Y N: No
Possession: Close Of Escrow
Property Attached Yes/No: Yes
Property Condition: Updated/Remodeled
Bathroom Features: Bathtub, Shower in Tub, Double Sinks in Primary Bath
Kitchen Features: Remodeled Kitchen
Room Type: All Bedrooms Up, Living Room
Senior Community Yes/No: No
Sewer: Sewer Paid
Spa Features: Association
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Remarks
View: Park/Greenbelt
Water Source: Public
Year Built Source: Public Records
PRICE CORRECTION! This two-bedroom upper unit Pier Pointe condo is situated in a secure and private gated community, this property overlooks the greenbelt below. The charming condo showcases upgrades throughout including brand new kitchen and wood floors, crown molding, wainscoting, high baseboards, and updated bathrooms. The completely remodeled kitchen features white shaker cabinets, sleek grey counters and stainless appliances. Enjoy the convenience of a personal in-home laundry, along with an expansive covered balcony, ideal for savoring the cool ocean breezes from the beach just two miles away. This home is situated in an ideal location with excellent schools within walking distance. Restaurants, groceries and upscale shopping are minutes away. The over 1248 SF home boasts every desired amenity, with a single car garage and one added parking space, ample parking within the community, and access to the pool, spa, and tennis courts. HOA dues include Spectrum internet, cable and Disney+, a $200/mo value.
Courtesy of Splash Real Estate Information is deemed reliable but not guaranteed.
Chris Taylor
19092 Shoreline Lane 7
$755,000 2 Beds 2.00 Baths 1,064.0 Sq. Ft. ($710 / sqft)
CLOSED 8/13/24
Details
Prop Type: Condominium
County: Orange
Area: 15 - West Huntington Beach
Subdivision: Pierpointe (PRPT)
Features
Association Name: Pierpointe
Association Y N: Yes
Attached Garage Y/N: N
Community Features: Street Lights
Contract Status Change
Date: 2024-08-13T00:00:00
Cooling: None
Elevation Units: Feet
Flooring: Laminate
Foundation Details: Slab
Style: Contemporary
Full baths: 2.0
Lot Size (sqft):
Garages: 1
List date: 7/2/24
Year Built 1980 Days on market: 6
Sold date: 8/13/24
Off-market date: 7/8/24
Updated: Aug 14, 2024 3:33 AM
List Price: $729,000
Orig list price: $729,000
Assoc Fee: $470
School District: Huntington Beach Union High
Heating: Central
Interior Features: Balcony, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
Land Fee/Land Lease: Fee
Levels: One
Listing Terms: Cash To New Loan, Conventional
Number Of Units In Community: 160
Parking Total: 1
Pool Features: Association, Community, In Ground
Pool Private Y N: No
Possession: Negotiable
Property Attached Yes/No: Yes
Property Condition: Turnkey
Road Surface Type: Paved Roof: Tile
Bathroom Features: Shower, Shower in Tub, Double Sinks in Primary Bath, Walk-in shower
Kitchen Features: Kitchen Open to Family Room, Stone Counters
Room Type: All Bedrooms Up, Family Room, Kitchen, Primary Bedroom
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community, In Ground
Special Listing Conditions: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Remarks
View: None, Neighborhood
Water Source: Public
Year Built Source: Assessor
Zoning: RMF
Welcome to your new oasis in the heart of Huntington Beach. This tastefully upgraded upstairs corner condo unit is a true gem that offers the perfect blend of comfort and style. The vaulted ceilings create a sense of spaciousness and airiness. The open concept design enhances the flow of natural light throughout. Recently remodeled kitchen featuring subway tile backsplash, quartz countertops, pendant lights, and stainless steel appliances. The kitchen seamlessly opens to the dining and family room, perfect for entertaining guests. Step outside to the inviting deck area, ideal for unwinding and enjoying the fresh coastal breeze. The home also features two bedrooms. An oversized primary bedroom complete with beautifully remodeled bathroom with modern finishes. Inside laundry for added convenience. It also features a Loft area that can be utilized as a home office or for extra storage space. Prime location within Pier Point, offering easy access to the amenities. The HOA includes, pool, spa, tennis courts and bbqs as well as provides cable for the entire complex which is a true monthly savings. Don't miss out on the opportunity to make this stunning Pier Point condo your new home sweet home! Schedule a showing today and experience the coastal lifestyle at its finest.
Courtesy of Keller Williams Realty Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$670,559 $674,195 $706,900 $656,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in Pier Pointe, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$720K - $745K
To get a more accurate assessment of property value, a physical inspection would be required.
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
