NOT LISTED FOR SALE

Estimated Value: $1,295,000 - $1,441,000

2 Beds
2 Baths
1,324 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,319,888 $997 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,002/month

4 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Main Floor Bedroom
  • University Park Elementary Rated A
  • Traditional Architecture
  • Loft

About This Home

As of May 2024

FABULOUS LOCATION, CORNER LOT, UPDATED INTERIOR… This 2 bedroom, 2 bath plus a LOFT home is situated on a 6,900 square foot corner lot within the highly sought after Terrace Community. You will immediately take notice of the long driveway, beautifully landscaped front yard and modern, black Dutch door with classic, gold Baldwin hardware. Natural light fills the home, complete with luxury vinyl floors and crisp white walls. The light and bright kitchen has freshly painted cabinets, new matte black hardware, neutral white countertops, newer stainless steel LG appliances and a Bosch dishwasher. The kitchen also opens to the dining space with a pass through and breakfast bar giving it an “open concept” feel. The living room is complemented by a cozy fireplace, high ceiling, recessed lighting and two sliding glass doors that truly bring the outdoor views in. The approximate 100 square foot Loft has brand new carpet and is ideal for an office or flex space. The Primary Suite offers an exquisitely remodeled bathroom, complete with a timeless marble top dual vanity, marble tiled accent wall and flooring, oversized glamorous mirrors and walk-in closet. A modern, sliding door leads to the elegant walk-in shower with marble tile walls and flooring. Perhaps the most impressive part of this property is the fully enclosed, wrap around lush, green yard. This private oasis has a new fence and offers three separate brick seating areas. With mature Meyer lemon and lime trees, and exquisite landscaping…it truly showcases the pride of ownership and is the ideal outdoor space for enjoying a peaceful morning, entertaining or simply basking in the warm South California sun. The property has a two car garage plus extra parking on the extended driveway. The A/C, furnace and water heater have all been updated. Residents of the Terrace Community can enjoy two swimming pools and spa, tot lots, clubhouse, walking paths, mature trees and wide greenbelts. This University Park home will check all the boxes and is move-in ready!

Last Agent to Sell the Property

Corinne Wells

Compass License #01922900 Listed on: 04/22/2024

Compass

Last Buyer's Agent

Diane Pangburn

Berkshire Hathaway HomeServices California Properties License #01767672

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,559

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 6,900 Sq Ft Lot
  • Wood Fence
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room
  • Loft
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • University Park Elementary School
  • Rancho San Juaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 247 / 2005
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317485
  • $128 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Terrace Community Association, Phone Number (949) 786-1221
  • Powerstone Property Managment HOA
  • Terrace Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,559

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317485
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1324.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 996.89
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Main Floor Full Bath, Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Excellent Condition, Wood
  • Patio And Porch Features: Brick, Patio, Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Clubhouse, Maintenance Front Yard
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Community Association
  • Phone: 949-786-1221
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Powerstone Property Managment

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Juaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Juaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6900.00
  • Lot Size Acres: 0.1584

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6900.0000 Square Feet
  • Number Of Units In Community: 507
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2005
  • Tax Census Tract: 062612
  • Tax Lot: 247
  • Tax Tract Number: 8002
  • TaxOtherAnnualAssessmentAmount: 128.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 24, 2024
Sold by
Hsu Frederick
Bought by
Hsu Joyce
Seller's Agent
Corinne Wells
Compass
Buyer's Agent
Diane Pangburn
Berkshire Hathaway HomeServices California Properties
List Price
$1,279,000
Sold Price
$1,319,888
Premium/Discount to List
$40,888
3.2%
Views
40
Current Estimated Value
$1,342,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,957
Avg. Annual Appreciation
1.25%

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 3, 2024
Sold by
Miller Bradley L and Miller Joanne L
Bought by
Hsu Joyce
Seller's Agent
Corinne Wells
Compass
Buyer's Agent
Diane Pangburn
Berkshire Hathaway HomeServices California Properties
List Price
$1,279,000
Sold Price
$1,319,888
Premium/Discount to List
$40,888
3.2%
Views
40

Purchase Details

Closed on
Feb 23, 2017
Sold by
Chavez Margaret
Bought by
Miller Bradley L and Miller Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,700
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1999
Sold by
Irvine Community Development Company
Bought by
Osterberg Gary Richard and Osterberg Marie Alisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Cull Joanne C and Mcginty Mary
Bought by
Cull Joanne C and Mcginty Mary
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Hsu Joyce -- Chicago Title Company
Hsu Joyce $1,320,000 Chicago Title
Miller Bradley L $637,500 First American Title
Osterberg Gary Richard $824,500 Chicago Title Co
Cull Joanne C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Bradley L $573,700
Previous Owner Osterberg Gary Richard $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $1,319,888 +3.2% $997 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $1,279,000 -- $966 / 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
2025 $7,559 $1,346,285 $1,225,406 $120,879
2024 $7,559 $725,363 $625,727 $99,636
2023 $7,363 $711,141 $613,458 $97,683
2022 $7,230 $697,198 $601,430 $95,768
2021 $7,067 $683,528 $589,637 $93,891
2020 $7,026 $676,520 $583,591 $92,929
2019 $6,870 $663,255 $572,148 $91,107
2018 $6,746 $650,250 $560,929 $89,321
2017 $4,539 $429,954 $325,332 $104,622
2016 $3,994 $394,332 $199,800 $194,532
2015 $3,933 $388,409 $196,799 $191,610
2014 $3,855 $380,801 $192,944 $187,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24078469

California Regional Multiple Listing Service (CRMLS)

APN: 453-174-85