NOT LISTED FOR SALE

Estimated Value: $1,366,000 - $1,520,615

3 Beds
2 Baths
1,532 Sq Ft
$935/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $1,171,000 $764 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,389/month

17 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Laundry Room
  • University Park Elementary Rated A
  • Resident Manager or Management On Site
  • Central Heating and Cooling System

About This Home

As of May 2023

Here it is! This 1534 sq. ft house presents a golden opportunity to enjoy the comforts of suburban living including plenty of restaurants, shops, parks, and hiking trails for the outdoor enthusiast. This one does not disappoint! Having 3 beds/2 baths, this home also offers a fireplace to take the edge off cool nights. A designated laundry area, attached two car garage, and outside patio adjoining the family room are yet more reasons to call this property home. Large windows let outside light infuse throughout. Also, having a sidewalk in proximity to the front door makes walking the dog, jogging, connecting with neighbors, or enjoying a walk to a coffee shop instead of a car ride readily accessible. The city of Irvine predominately draws residents who are interested in a peaceful, satisfying, and active lifestyle. Be the first to see this gem because it won’t be on the market long.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 04/03/2023

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Tom Unvert

Douglas Elliman Of California License #01710879

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,481

Year Built

  • Built in 1975

Lot Details

  • 5,040 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317439
  • $125 per year additional tax assessments

Community Details

Overview

  • Terra Community Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Terrace Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,481

Year Built

Built in 1975

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317439
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1532.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 764.36
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Association Name: Terra Community Association
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Powerstone

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 5040.00
  • Lot Size Acres: 0.1157

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5040.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 39
  • Tax Tract Number: 8002
  • TaxOtherAnnualAssessmentAmount: 125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 25, 2023
Sold by
Alan Lee German Family Trust
Bought by
Roger Gedminas Irrevocable Trust
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Tom Unvert
Douglas Elliman Of California
List Price
$1,099,000
Sold Price
$1,171,000
Premium/Discount to List
$72,000
6.55%
Views
174
Current Estimated Value
$1,433,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,154
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Mar 1, 2011
Sold by
German Alan Lee
Bought by
German Alan Lee and Alan Lee German Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
German Alan Lee
Bought by
German Alan Lee and Alan Lee German Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Lee German Alan
Bought by
German Alan Lee and Alan Lee German Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roger Gedminas Irrevocable Trust $1,171,000 Wfg National Title Company
German Alan Lee -- Ticor Title Company Of Ca
German Alan Lee -- Ticor Title
German Alan Lee -- --
German Alan Lee -- United Title Company Orange
German Alan Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner German Alan Lee $147,600
Previous Owner German Alan Lee $148,600
Previous Owner German Alan Lee $190,000
Previous Owner German Alan Lee $242,000
Previous Owner German Alan Lee $63,000
Previous Owner German Alan Lee $49,900
Previous Owner German Alan Lee $189,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $1,171,000 +6.6% $764 / Sq Ft
04/03/2023 04/03/23 For Sale $1,099,000 -- $717 / 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 $12,481 $1,218,308 $1,084,240 $134,068
2024 $12,481 $1,194,420 $1,062,980 $131,440
2023 $4,507 $426,162 $287,263 $138,899
2022 $4,426 $417,806 $281,630 $136,176
2021 $4,327 $409,614 $276,108 $133,506
2020 $4,302 $405,414 $273,276 $132,138
2019 $4,207 $397,465 $267,917 $129,548
2018 $4,131 $389,672 $262,664 $127,008
2017 $4,045 $382,032 $257,514 $124,518
2016 $3,866 $374,542 $252,465 $122,077
2015 $3,808 $368,917 $248,673 $120,244
2014 $3,734 $361,691 $243,802 $117,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23053104

California Regional Multiple Listing Service (CRMLS)

APN: 453-174-39