Landlord's Agent in 2024
Sophia Wu
Pacific Sterling Realty
(949) 222-9911
15 Total Sales
116 Velvetleaf Irvine, CA 92620
Cypress Village NeighborhoodEstimated Value: $2,079,000 - $2,425,000
4
Beds
3
Baths
2,408
Sq Ft
$946/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Open Floorplan
- Main Floor Bedroom
- Cypress Village Elementary Rated A
- Clubhouse
- 3-minute walk to Floral Park
About This Home
As of May 2024Newer single home located @ premium corner lot in the Laurel neighborhood of Cypress Village, offers proximity to award-winning Irvine Unified schools, resort-inspired amenities include sport courts, parks, playgrounds, and 2 Jr. Olympic swimming pools. Walking distance to Cypress Village schools, parks, pools, playground, shopping, and easy access to freeway 5. The home features classical 4 Bedrooms (including one on the first floor), 3 Bathrooms, and direct-access 2 car garage. The home has an extensive Great Room, and Gourmet Kitchen with upgraded tile floor and bathrooms. Community amenities include parks, playgrounds, and swimming pools. Walking distance to Cypress Village Elementary & Jeffrey Trail Middle Schools and parks, playgrounds, 2 pools, and easily access to freeway 5.
Last Agent to Rent the Property
Pacific Sterling Realty License #01767254 Listed on: 05/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,595
Year Built
- Built in 2016
Lot Details
- 3,428 Sq Ft Lot
- Block Wall Fence
- Brick Fence
- Density is 11-15 Units/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
Home Design
- Tile Roof
Interior Spaces
- 2,408 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Great Room
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Dressing Area
- Upgraded Bathroom
- Bathroom on Main Level
- Low Flow Plumbing Fixtures
- Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Accessible Home Design
- Accessible Parking
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient HVAC
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Patio
- Exterior Lighting
- Wrap Around Porch
Schools
- Cypress Elementary School
- Jeffery Trail Middle School
- Walnut High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Tankless Water Heater
Listing and Financial Details
- Security Deposit $8,100
- Rent includes association dues, gardener
- 12-Month Minimum Lease Term
- Available 6/15/24
- Tax Lot 21
- Tax Tract Number 551
- Assessor Parcel Number 55157236
Community Details
Overview
- Property has a Home Owners Association
- Cypress Village Association, Phone Number (800) 232-7517
- Laurel Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Sport Court
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 2016
Sold by
Irvine Pacific Lp
Bought by
New Way Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| New Way Llc | $1,042,500 | First American Title Company | |
| Irvine Pacific Lp | -- | First American Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2024 05/27/24 | Rented | $5,400 | 0.0% | -- |
| 05/08/2024 05/08/24 | For Rent | $5,400 | +1.9% | -- |
| 07/14/2023 07/14/23 | Rented | $5,300 | 0.0% | -- |
| 05/31/2023 05/31/23 | Under Contract | -- | -- | -- |
| 05/28/2023 05/28/23 | Off Market | $5,300 | -- | -- |
| 05/21/2023 05/21/23 | For Rent | $5,300 | +3.9% | -- |
| 05/07/2016 05/07/16 | Rented | $5,100 | +24.4% | -- |
| 04/25/2016 04/25/16 | For Rent | $4,100 | -- | -- |
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 | $15,595 | $1,233,765 | $753,970 | $479,795 |
| 2024 | $15,595 | $1,209,574 | $739,186 | $470,388 |
| 2023 | $15,300 | $1,185,857 | $724,692 | $461,165 |
| 2022 | $15,046 | $1,162,605 | $710,482 | $452,123 |
| 2021 | $14,803 | $1,139,809 | $696,551 | $443,258 |
| 2020 | $14,679 | $1,128,122 | $689,409 | $438,713 |
| 2019 | $14,579 | $1,106,002 | $675,891 | $430,111 |
| 2018 | $14,612 | $1,084,316 | $662,638 | $421,678 |
| 2017 | $14,812 | $1,063,055 | $649,645 | $413,410 |
| 2016 | $3,581 | $3,181 | $3,181 | $0 |
| 2015 | $3,580 | $3,134 | $3,134 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Wu
-
NoEmail NoEmail
N
Tenant's Agent in 2024
NoEmail NoEmail
None MRML
(646) 541-2551
5 in this area
5,851 Total Sales
-
Karam Jivani
Buyer's Agent in 2023
Karam Jivani
Coldwell Banker Platinum Prop
(949) 338-5583
37 Total Sales
-
S
Buyer's Agent in 2016
Sakina Kader
First Team Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24089089
APN: 551-572-36
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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