NOT LISTED FOR SALE

Estimated Value: $824,000 - $845,613

2 Beds
1.5 Baths
1,220 Sq Ft
$684/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $497,000 $407 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,234/month

18 Days on Market

Highlights

  • Spa
  • No Units Above
  • Creek or Stream View
  • Santiago Hills Elementary School Rated A
  • Open Floorplan
  • High Ceiling

About This Home

As of August 2018

Move-in Ready 2 bedroom, 1.5 bath home in the wonderful community of the Lakes in Irvine. Surrounded by tranquil streams and ponds, this charming unit has been upgraded with new laminate wood floors, crown molding, new windows and paint. Upon entry, you’ll be greeted by the light & bright kitchen with white cabinets, granite counters, decorative backsplash and breakfast bar with seating. Dining Area opens to the Living Room with a cozy fireplace, and the new slider door to your patio fills the home with abundance of natural light. Upstairs, you’ll find the Master Suite with vaulted ceilings, a walk-in closet, and his-and-her sinks with another mirrored closet. Secondary bedroom also features high ceilings and shares the full bathroom in the hallway. The Lakes HOA amenities include 2 pools, spas, tennis courts, and covers water and trash. One assigned carport & additional assigned parking space. Plenty of Visitor parking just steps away from the unit. Excellent Irvine Unified School District with zoning for Sierra Vista Middle School & Northwood High. Welcome home!

Last Agent to Sell the Property

Min Seo

Redfin License #01915127 Listed on: 06/28/2018

Redfin

Last Buyer's Agent

Kyle Zapcic

Redfin License #01961259

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 828 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • No Landscaping

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Detached Carport Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Santiago Hills Elementary School
  • Siera Vista Middle School
  • Northwood High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 9423
  • Assessor Parcel Number 53014463

Community Details

Overview

  • The Lakes HOA, Phone Number (949) 716-3998
  • Maintained Community

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,839

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: The Lakes (LK)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 53014463
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1220.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 407.38
  • Room Type: Kitchen, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Granite Counters, Remodeled
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Creek/Stream
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Common Area, In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Recreation Room, Maintenance Grounds, Trash, Water, Dues Paid Monthly
  • Association Fee: 370.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes HOA
  • Phone: 949-716-3998
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Irvine Unified
  • Elementary School: Santiago Hills
  • Middle School: Siera Vista
  • High School: Northwood
  • Elementary School: Santiago Hills
  • High School: Northwood
  • Middle Or Junior School: Siera Vista
  • Elementary School #2: SANHIL
  • High School2: NORTHW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 828.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 268
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.21
  • Tax Lot: 91
  • Tax Tract Number: 9423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 13, 2018
Sold by
Ov Storey Jenny and Storey Brett Allen
Bought by
Mi Lan
Seller's Agent
Min Seo
Redfin
Buyer's Agent
Kyle Zapcic
Redfin
List Price
$495,000
Sold Price
$497,000
Premium/Discount to List
$2,000
0.4%
Current Estimated Value
$834,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,653
Avg. Annual Appreciation
7.46%
Original Mortgage
$250,000
Outstanding Balance
$219,009
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$615,644

Purchase Details

Closed on
Sep 14, 2016
Sold by
Storey Jenny Ov and Chang Jenny Ov
Bought by
Storey Jenny Ov and Storey Brett Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2014
Sold by
Chang Jenny Ov and Ov Jane
Bought by
Chang Jenny Ov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 2014
Sold by
Liang Daniel and Chang Jenny Ov
Bought by
Chang Jenny Ov and Ov Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,400
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2010
Sold by
Wang Wei S and Li Zhen Ying Stephen
Bought by
Liang Daniel and Liang Jenny Ov Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,761
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2009
Sold by
Wang Wei S and Li Zhen Ying
Bought by
Wang Wei S and Li Zhen Ying Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,740
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Olsen David L and Olsen Julissa
Bought by
Olsen Terri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Olsen Terri S
Bought by
Li Zhen Ying and Wang Wei S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Olsen Terri Susan
Bought by
Olsen Terri S and Olsen David L

Purchase Details

Closed on
Nov 15, 2001
Sold by
Olsen David Lee and Olsen Tyler George
Bought by
Olsen Terri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Terri Olsen
Bought by
Olsen Terri S and Olsen David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.94%

Purchase Details

Closed on
May 3, 1999
Sold by
Olsen David Lee and Olsen Tyler George
Bought by
Olsen Terri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.94%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Olsen Terri S
Bought by
Olsen Terri S and Olsen David Lee

Purchase Details

Closed on
Aug 24, 1995
Sold by
Babcock James A
Bought by
Olsen Terri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,580
Interest Rate
7.67%
Source: Public Records

Range of Values:

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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
Mi Lan $497,000 Lawyers Title
Storey Jenny Ov -- Orange Coast Title Company
Chang Jenny Ov -- None Available
Chang Jenny Ov -- Lawyers Title La
Liang Daniel $328,000 Lawyers Title Company
Wang Wei S -- Lawyers Title
Olsen Terri S -- United Title Company
Li Zhen Ying $335,000 United Title Company
Olsen Terri S -- --
Olsen Terri S -- --
Olsen Terri S -- --
Olsen Terri S -- North American Title Co
Olsen Terri S -- --
Olsen Terri S $114,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Lan $250,000
Previous Owner Storey Jenny Ov $309,000
Previous Owner Chang Jenny Ov $320,400
Previous Owner Liang Daniel $316,761
Previous Owner Wang Wei S $206,740
Previous Owner Li Zhen Ying $267,900
Previous Owner Olsen Terri S $180,000
Previous Owner Olsen Terri S $131,000
Previous Owner Olsen Terri S $110,580
Closed Li Zhen Ying $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $497,000 +0.4% $407 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $495,000 -- $406 / 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 $5,839 $554,409 $459,018 $95,391
2024 $5,839 $543,539 $450,018 $93,521
2023 $5,688 $532,882 $441,194 $91,688
2022 $5,578 $522,434 $432,543 $89,891
2021 $5,449 $512,191 $424,062 $88,129
2020 $5,419 $506,940 $419,714 $87,226
2019 $5,299 $497,000 $411,484 $85,516
2018 $3,989 $369,321 $282,763 $86,558
2017 $3,907 $362,080 $277,219 $84,861
2016 $3,667 $354,981 $271,783 $83,198
2015 $3,572 $349,649 $267,700 $81,949
2014 $3,558 $342,800 $262,456 $80,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18149399

California Regional Multiple Listing Service (CRMLS)

APN: 530-144-63