NOT LISTED FOR SALE

118 Salt Springs Irvine, CA 92602

Orchard Hills Neighborhood

Estimated Value: $3,305,000 - $4,184,000

5 Beds
6 Baths
4,212 Sq Ft
$893/Sq Ft Est. Value

About This Home

This home is located at 118 Salt Springs, Irvine, CA 92602 and is currently estimated at $3,760,067, approximately $892 per square foot. 118 Salt Springs is a home with nearby schools including Orchard Hills School, Arnold O. Beckman High School, and Northwood Montessori Of Irvine.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Shim Isaac Hyung and Faith Jinjoo
Bought by
Shim Family Trust
Current Estimated Value
$3,760,067

Purchase Details

Closed on
Jul 29, 2021
Sold by
Shea Homes Limited Partnership
Bought by
Shim Isaac Hyung and Shim Faith Jinjoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Shim Family Trust -- None Listed On Document
Shim Isaac Hyung $2,388,000 Fidelity Natl Ttl Builder Sv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shim Isaac Hyung $750,000
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 $32,438 $2,534,088 $1,436,754 $1,097,334
2024 $32,438 $2,484,400 $1,408,582 $1,075,818
2023 $31,769 $2,435,687 $1,380,963 $1,054,724
2022 $31,203 $2,387,929 $1,353,885 $1,034,044
2021 $16,771 $977,000 $977,000 $0
2020 $1,393 $17,331 $17,331 $0
Source: Public Records

Map

California Orange County Irvine 92602 Orchard Hills

118 Salt Springs, Irvine, CA

This home is located at 118 Salt Springs, Irvine, CA 92602 and is currently estimated at $3,760,067, approximately $892 per square foot. 118 Salt Springs is a home with nearby schools including Orchard Hills School, Arnold O. Beckman High School, and Northwood Montessori Of Irvine.

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