NOT LISTED FOR SALE

Estimated Value: $1,873,748 - $2,040,000

4 Beds
3 Baths
2,250 Sq Ft
$864/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $908,000 $404 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,222/month

19 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sauna
  • Santiago Hills Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of January 2016

Popular bright and open floor plan in highly acclaimed Northwood neighborhood. Dramatic vaulted ceiling, marble fireplace, hand scraped wood floors, & expansive dining room that opens to sunken living room. Remodeled granite kitchen with eating area, stainless oven & microwave. Newer dual pane windows, tile roof and upgraded carpeting. Large secluded yard with fruit trees. Walking distance to award winning schools, country club like facilities with olympic sized pool, spa, tennis, clubhouse and park trails.

Last Agent to Sell the Property

Michael Verdone

Economic Concepts License #01918357 Listed on: 11/19/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,049

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 530-011-22

Community Details

Overview

  • Property has a Home Owners Association
  • Park Peso Association
  • Built by Park Paseo (PS)

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,049

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 36
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 100
  • Structure Sq Ft: 2250
  • Complex Name: Park Paseo (PS)
  • Incorporated: Yes
  • Year Built: 1979
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 2250
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Concrete, Tile
  • Yard/Grounds: Balcony / Patio, Fenced
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 83
  • HOA Amenities: BBQ Area, Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • H O A Name Text: Park Peso
  • H O A Exist: Yes

Schools

  • School District: Irvine Unified
  • Elementary School: Santiago Hills Elementary
  • Middle School: Sierra Vista Middle
  • High School: Northwood High
  • High School: 31862
  • Elementary School: 31882
  • Middle School: 31886

Lot Info

  • Parcel Number: 530-011-22
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Irvine Unified
  • Elementary School Text: Santiago Hills Elementary
  • High School Text: Northwood High
  • Middle School Text: Sierra Vista Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 10, 2015
Sold by
Park Alice
Bought by
Shen Libo and Shang Yike
Seller's Agent
Michael Verdone
Economic Concepts
Buyer's Agent
RECIP
Out of Area Office
List Price
$888,888
Sold Price
$908,000
Premium/Discount to List
$19,112
2.15%
Current Estimated Value
$1,942,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034,937
Avg. Annual Appreciation
8.08%
Original Mortgage
$410,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2014
Closed on
Aug 6, 2014
Sold by
Shim Jung Bo and Choi Mee Jeong
Bought by
Park Alice
Seller's Agent
Robby Kang
RK Estate
Buyer's Agent
Robby Kang
RK Estate
List Price
$790,000
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
May 29, 2001
Sold by
Lewandowski Edward
Bought by
Shim Jung Bo and Choi Mee Jeong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
7.14%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Edward Lewandowski
Bought by
Lewandowski Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 1995
Sold by
Simmons Richard E and Simmons Ann Marie
Bought by
Lewandowski Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,200
Interest Rate
6.75%
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
Shen Libo $908,000 California Title Company
Park Alice $790,000 Ticor Title
Shim Jung Bo $441,000 --
Lewandowski Edward -- Lawyers Title Company
Lewandowski Edward -- Lawyers Title Company
Lewandowski Edward $341,500 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Libo $410,000
Previous Owner Shim Jung Bo $352,800
Previous Owner Lewandowski Edward $273,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $908,000 +2.2% $404 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $888,888 +12.5% $395 / Sq Ft
08/15/2014 08/15/14 Sold $790,000 0.0% $350 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/19/2014 07/19/14 For Sale $790,000 -- $350 / Sq Ft
Source: MLSListings

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 $11,049 $1,074,884 $875,136 $199,748
2024 $11,049 $1,053,808 $857,976 $195,832
2023 $10,762 $1,033,146 $841,153 $191,993
2022 $10,560 $1,012,889 $824,660 $188,229
2021 $10,320 $993,029 $808,490 $184,539
2020 $10,262 $982,847 $800,200 $182,647
2019 $10,034 $963,576 $784,510 $179,066
2018 $9,858 $944,683 $769,128 $175,555
2017 $9,654 $926,160 $754,047 $172,113
2016 $8,229 $802,047 $625,572 $176,475
2015 $8,053 $790,000 $616,175 $173,825
2014 $5,411 $526,880 $344,113 $182,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81533053

MLSListings

APN: 530-011-22