Seller's Agent in 2021
Patrick Bailey
Irvine Management Company
(949) 735-9753
47 in this area
95 Total Sales
111 Summerland Unit 5 Irvine, CA 92602
Orchard Hills NeighborhoodEstimated Value: $2,655,435 - $3,015,000
4
Beds
3
Baths
2,721
Sq Ft
$1,045/Sq Ft
Est. Value
Highlights
- New Construction
- Spa
- Gated Community
- Canyon View Elementary School Rated A
- Primary Bedroom Suite
- Main Floor Bedroom
About This Home
As of March 2021Beautiful, brand new 4 bedroom 3 bath home with tech area. Move in ready! Our popular Residence 1 is located in the exclusive gated community of the Reserve at Orchard Hills. This home has been appointed with beautiful upgrades including gorgeous wood flooring, upgraded countertops plus refrigerator and features a first floor bedroom. Front yard landscaping is included! Over $80,000 worth of Designer selected upgrades! Terra is located in the Irvine Unified School District and walking distance to Northwood high school.
Last Agent to Sell the Property
Irvine Management Company License #01809528 Listed on: 12/08/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2019 | New Construction
Lot Details
- 4,581 Sq Ft Lot
- Block Wall Fence
- Level Lot
- Drip System Landscaping
- Sprinkler System
- Back and Front Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $299 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side by Side Parking
- Single Garage Door
- Garage Door Opener
- Driveway
Home Design
- Combination Foundation
- Fire Rated Drywall
- Interior Block Wall
- Spanish Tile Roof
- Stucco
Interior Spaces
- 2,721 Sq Ft Home
- High Ceiling
- Recessed Lighting
- ENERGY STAR Qualified Windows
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Laundry Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Spa
- Exterior Lighting
Utilities
- SEER Rated 13-15 Air Conditioning Units
- Whole House Fan
- Forced Air Zoned Heating and Cooling System
- High Efficiency Heating System
- Vented Exhaust Fan
- Tankless Water Heater
- Hot Water Circulator
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 18013
Community Details
Overview
- Keystone Association, Phone Number (949) 838-2600
- Built by Irvine Pacific
Recreation
- Community Playground
- Community Pool
- Community Spa
Additional Features
- Community Barbecue Grill
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Feb 20, 2021
Sold by
Irvine Pacific Lp
Bought by
Joung Yesun
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Julie Tran
Pacific Sotheby's Int'l Realty
List Price
$1,576,639
Sold Price
$1,540,000
Premium/Discount to List
-$36,639
-2.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,609
Avg. Annual Appreciation
13.51%
Original Mortgage
$549,000
Outstanding Balance
$488,774
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,354,835
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joung Yesun | $1,540,000 | First American Title Co Hsd | |
| Irvine Pacific Lp | -- | First American Title Co Hsd |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joung Yesun | $549,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $1,540,000 | -2.3% | $566 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 12/08/2020 12/08/20 | For Sale | $1,576,639 | -- | $579 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,014 | $1,677,693 | $962,334 | $715,359 |
| 2024 | $21,014 | $1,644,798 | $943,465 | $701,333 |
| 2023 | $20,620 | $1,612,548 | $924,966 | $687,582 |
| 2022 | $20,188 | $1,570,800 | $906,830 | $663,970 |
| 2021 | $10,962 | $688,144 | $35,410 | $652,734 |
| 2020 | $10,889 | $681,088 | $35,046 | $646,042 |
| 2019 | $4,295 | $34,359 | $34,359 | $0 |
| 2018 | $1,066 | $33,686 | $33,686 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Bailey
-
Julie Tran
Buyer's Agent in 2021
Julie Tran
Pacific Sothebys
(714) 657-8558
3 in this area
81 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20253676
APN: 527-472-05
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