NOT LISTED FOR SALE

1 Summit Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $3,845,000 - $5,290,000

5 Beds
5 Baths
4,762 Sq Ft
$987/Sq Ft Est. Value

About This Home

This home is located at 1 Summit, Irvine, CA 92603 and is currently estimated at $4,701,866, approximately $987 per square foot. 1 Summit is a home located in Orange County with nearby schools including Bonita Canyon Elementary, Rancho San Joaquin Middle School, and University High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Yu Hon
Bought by
The Hon Yu Trust
Current Estimated Value
$4,701,866

Purchase Details

Closed on
Sep 20, 2016
Sold by
1 Summit Irvine Llc
Bought by
Yu Hon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,200
Outstanding Balance
$612,404
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,089,462

Purchase Details

Closed on
May 15, 2015
Sold by
Adobe Oil Development Corp
Bought by
1 Irvine Summit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,200
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Yu Hon
Bought by
Yu Hon and Yu Shirley Chang

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
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 1999
Sold by
Hon Yu and Chang Shirley Chang
Bought by
Yu Hon and Yu Shirley Chang
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
The Hon Yu Trust -- None Available
Yu Hon $2,700,000 First American Title Company
1 Irvine Summit Llc $816,500 Lawyers Title
Yu Hon -- Commonwealth Title
Yu Hon -- Commonwealth Title
Yu Hon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Hon $766,200
Previous Owner 1 Irvine Summit Llc $816,200
Previous Owner Yu Hon $500,000
Source: Public Records

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 $12,567 $1,212,030 $467,998 $744,032
2024 $12,567 $1,188,265 $458,821 $729,444
2023 $12,243 $1,164,966 $449,824 $715,142
2022 $12,014 $1,142,124 $441,004 $701,120
2021 $11,742 $1,119,730 $432,357 $687,373
2020 $11,676 $1,108,249 $427,924 $680,325
2019 $11,416 $1,086,519 $419,533 $666,986
2018 $11,216 $1,065,215 $411,307 $653,908
2017 $10,985 $1,044,329 $403,242 $641,087
2016 $29,276 $2,842,700 $2,034,372 $808,328
2015 $10,337 $1,008,473 $389,397 $619,076
2014 $10,135 $988,719 $381,769 $606,950
Source: Public Records

Map

California Orange County Irvine 92603 Turtle Rock

1 Summit, Irvine, CA

Not Listed for Sale

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