NOT LISTED FOR SALE

Estimated Value: $3,510,000 - $3,877,000

5 Beds
5.5 Baths
4,100 Sq Ft
$921/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $3,198,000 $780 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $24,297/month

7 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Open Floorplan
  • Cadence Park Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of July 2023

BUILT BY LENNEAR HOMES IN 2018 AND LOCATED IN THE GREAT PARK COMMUNITY OF CADENCE PARK IN IRVINE * BEAUTIFULLY MAINTAINED AND DESIGNED 2 STORY HOME WITH OPEN AND SPACIOUS FLOOR PLAN * LARGE 5 BEDROOMS WITH ENSUITE BATHROOMS AND LOFT UPSTAIRS * THE MAIN LEVEL HAS BEDROOM SUITE WITH OWN BATHROOM AND OFFICE/DEN * MASTER BEDROOM WITH LARGE WALK IN CLOSET, RETREAT AREA AND BATHROOM FEATURES A WALK IN SHOWER, WALK IN TUB, DOUBLE SINKS AND QUARTZ COUNTER TOPS * THE GOURMET KITCHEN WITH SPACIOUS PANTRY, HUGE QUARTZ COUNTER ISLAND, QUARTZ COUNTER TOPS, SIX BURNER STOVE,TILE BACKSPALSH, BUILT SUB ZERO IN REFRIGERATOR, SPACIOUS PANTRY, STAINLESS-STEEL APPLIANCES AND RECESSED LIGHTING THROUGHOUT * LARGE LIVING ROOM * DINING ROOM * OPENS TO LIVING ROOM, DINING ROOM AND BEAUTIFUL BACK YARD * DOWN STAIRS WITH UPGRADED TILE FLOORING AND UPSTAIR WITH UPGRADED WOOD FLOORING * SPACIOUS LAUNDRY ROOM UPSTAIRS WITH SINK * THE LIVING SPACE FOR THE FAMILY, GRACEFULLY FLOWS IN TO THE TRI-PANEL SLIDING DOORS OPENS TO A STUNNING BACK YARD WITH FIREPLACE, FIREPIT WITH LOTS OF SEATING AREAS, BUILT IN BARBECUE, TURF GREENS, VEY SPACIOUS BACK YARD FOR GATHERINGS AND OUTDOOR ENTERTAINING * BEAUTIFUL LOW MAINTENANCE LANDSCAPING * THE SYSTEM UPDATES INCLUDE A SMART HOME WITH LEASED SOLAR PANELS * SPLIT SYSTEM AIR CONDITIONING * CONVENIENTLY LOCATED NEAR GREAT PARK,WALKING, BIKING TRAILS,HIKING TRAILS, PARKS, STATE PARK, SPORTS FACILITIES, SPORTS COMPLEX, COMMUNITY CENTER, AMPHITHEATER, ICE RINK AND SHOPPING CENTER * NATURE PARKS AND PLAYGROUND * TOP RATE SCHOOL DISTRICT * WALKING DISTANCE TO CADENCE K-8 SCHOOL AND PORTOLA HIGH SCHOOL * MUST SEE ****

Last Agent to Sell the Property

Kimberly Lee

Paradise Realty License #00939723 Listed on: 06/07/2023

Last Buyer's Agent

Edward Hong

COMPASS License #01061886

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,551

Year Built

  • Built in 2018

Lot Details

  • 6,876 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Interior Block Wall
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Library
  • Loft
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Schools

  • Portola High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 17887
  • Assessor Parcel Number 58080132
  • $14,261 per year additional tax assessments

Community Details

Overview

  • Great Park Association, Phone Number (949) 733-3232
  • First Service Residential HOA
  • Built by LENNAR HOMES OF CALIFORNIA INC.

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Jogging Track
  • Bike Trail

Security

  • Security Guard
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,551

Year Built

Built in 2018

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 5627144989
  • Other Phone Number: 5627144989
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58080132
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00 Square Feet
  • Interior Amenities: Block Walls, Built-in Features, In-Law Floorplan, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Outside, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 780.00
  • Room Type: Den, Entry, Family Room, Formal Entry, Great Room, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Community
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Main Floor Full Bath, Quartz Counters, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • Builder Name: LENNAR HOMES OF CALIFORNIA INC.
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Jogging Track, Gym/Ex Room, Clubhouse, Billiard Room, Recreation Room, Meeting Room, Cable TV, Electricity, Pets Permitted, Management, Guard, Security, Hot Water
  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Association Name: GREAT PARK
  • Phone: 949-733-3232
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Dog Park, Hiking, Park, Sidewalks, Street Lights, Suburban
  • Association Management: FIRST SERVICE RESIDENTIAL

Schools

  • School District: Irvine Unified
  • High School: Portola
  • High School: Portola
  • High School2: PORTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Park Nearby, Yard
  • Lot Size Sq Ft: 6876.00
  • Lot Size Acres: 0.1579

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6876.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.39
  • Tax Lot: 62
  • Tax Tract Number: 17887
  • TaxOtherAnnualAssessmentAmount: 14261.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 15, 2023
Sold by
Shin Chae Yeon
Bought by
Elardo Family Trust and Elardo
Seller's Agent
Kimberly Lee
Paradise Realty
Buyer's Agent
Edward Hong
COMPASS
List Price
$2,888,888
Sold Price
$3,198,000
Premium/Discount to List
$309,112
10.7%
Views
56
Current Estimated Value
$3,775,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,991
Avg. Annual Appreciation
7.73%
Original Mortgage
$2,400,000
Outstanding Balance
$2,340,373
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,435,618

Purchase Details

Closed on
Sep 7, 2018
Sold by
Kim Richard
Bought by
Yeo Shin Chae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,127,743
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2018
Sold by
Lennar Homes Of California Inc
Bought by
Shin Chae Yeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,127,743
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2018
Sold by
Cdcg 4 Len 1 Lp
Bought by
Lennar Homes Of California Inc

Purchase Details

Closed on
Jul 31, 2017
Sold by
Heritage Fields El Tord Llc
Bought by
Cdcg 4 Len 1 Lp
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
Elardo Family Trust $3,198,000 Chicago Title Company
Yeo Shin Chae -- North American Title Co Inc
Shin Chae Yeon $1,735,000 North American Title Co
Lennar Homes Of California Inc $28,629,000 First American Title Co
Cdcg 4 Len 1 Lp $54,649,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elardo Family Trust $2,400,000
Previous Owner Shin Chae Yeon $1,127,743
Closed Cdcg 4 Len 1 Lp $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $3,198,000 +10.7% $780 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $2,888,888 -9.7% $705 / Sq Ft
06/13/2023 06/13/23 Off Market $3,198,000 -- --
06/07/2023 06/07/23 For Sale $2,888,888 0.0% $705 / Sq Ft
06/06/2023 06/06/23 Price Changed $2,888,888 -- $705 / 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 $47,551 $3,261,960 $1,986,758 $1,275,202
2024 $47,551 $3,198,000 $1,947,801 $1,250,199
2023 $33,287 $1,867,540 $857,065 $1,010,475
2022 $32,634 $1,830,922 $840,260 $990,662
2021 $31,994 $1,795,022 $823,784 $971,238
2020 $31,606 $1,769,689 $815,338 $954,351
2019 $31,010 $1,734,990 $799,351 $935,639
2018 $20,808 $748,620 $748,620 $0
2017 $2,735 $101,291 $101,291 $0
2016 $2,667 $99,305 $99,305 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23094538

California Regional Multiple Listing Service (CRMLS)

APN: 580-801-32