NOT LISTED FOR SALE

12 Proclamation Way Irvine, CA 92602

Lower Peters Canyon Neighborhood

Estimated Value: $1,622,000 - $2,024,000

5 Beds
3 Baths
2,268 Sq Ft
$784/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $880,000 $388 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $10,605/month

93 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Myford Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of February 2019

Upgraded West Irvine Single Family Home with great open floorplan. Downstairs has good quality hardwood flooring and
recessed lighting throughout. Convenient downstairs bedroom with full bathroom and spacious closet. Functional floorplan with
five bedrooms. Cozy fireplace located in family room. Upgrades include granite counters, living room and dining room open to
family room, bullnosed edges, and custom paint. Kitchen has plenty of cabinetry for storage. Garage comes with built-in cabinets
and epoxy flooring. House faces North East for wonderful light throughout the day. Low Mello Roos and No HOA dues. Close to
Myford Elementary, Pioneer Middle and Beckman High School.

Last Agent to Sell the Property

Brian Ho

LA Realty License #01739920 Listed on: 09/21/2018

Last Buyer's Agent

Butchi Yalamuri

Butchi Yalamuri, Broker License #02012703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,987

Year Built

  • Built in 1999

Lot Details

  • 3,332 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,268 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 15511
  • Assessor Parcel Number 53047329

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,987

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Heritage (HERI)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 53047329
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2268.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 388.01
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3332.00
  • Lot Size Acres: 0.0765

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3332.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.20
  • Tax Lot: 5
  • Tax Tract Number: 15511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Yalamuri Butchi Reddy and Yalamuri Anuradha
Bought by
Yalamuri Butchi Reddy and Yalamuri Anuradha
Current Estimated Value
$1,778,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$622,340
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,146,615

Purchase Details

Closed on
May 25, 2020
Sold by
Yalamuri Butchi Reddy and Yalamuri Anuradha
Bought by
Yalamuri Butchi Reddy and Yalamuri Anuradha

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 9, 2019
Sold by
Ma Li
Bought by
Yang Xiaoning
Seller's Agent
Brian Ho
LA Realty
Buyer's Agent
Butchi Yalamuri
Butchi Yalamuri, Broker
List Price
$979,900
Sold Price
$880,000
Premium/Discount to List
-$99,900
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$704,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2018
Closed on
Dec 28, 2018
Sold by
Yang Xiaoning and Yang Xiaoning
Bought by
Yalamuri Butchi Reddy and Yalamuri Anuradha
Seller's Agent
Brian Ho
LA Realty
Buyer's Agent
Butchi Yalamuri
Butchi Yalamuri, Broker
List Price
$979,900
Sold Price
$880,000
Premium/Discount to List
-$99,900
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2011
Closed on
Feb 22, 2013
Sold by
Patel Gita
Bought by
Yang Xiaoning
Seller's Agent
Steve Reddy
Hanu Reddy Realty
Buyer's Agent
Brian Ho
LA Realty
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Jun 15, 2004
Sold by
Lieu Richard and Lam Chia Kim
Bought by
Patel Gita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2000
Sold by
Lieu Richard H
Bought by
Lieu Richard and Lam Chia Kim

Purchase Details

Closed on
Nov 16, 1998
Sold by
Lewis Homes Enterprises
Bought by
Lieu Richard and Lam Chia Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,950
Interest Rate
6.63%
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
Yalamuri Butchi Reddy -- Atlas Title Company
Yalamuri Butchi Reddy -- Atlas Title Company
Yalamuri Butchi Reddy -- None Available
Yang Xiaoning -- Stewart Title Of Ca Inc
Yalamuri Butchi Reddy $880,000 Stewart Title
Yang Xiaoning $795,000 Chicago Title Company
Patel Gita $814,500 Chicago Title Co
Lieu Richard -- --
Lieu Richard $319,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yalamuri Butchi Reddy $675,000
Closed Yalamuri Butchi Reddy $690,000
Closed Yalamuri Butchi Reddy $701,000
Previous Owner Yalamuri Butchi Reddy $704,000
Previous Owner Patel Gita $650,000
Previous Owner Lieu Richard $65,000
Previous Owner Lieu Richard $254,950
Closed Lieu Richard $15,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $880,000 -1.1% $388 / Sq Ft
12/21/2018 12/21/18 Price Changed $889,900 -4.3% $392 / Sq Ft
10/15/2018 10/15/18 Price Changed $929,900 -5.1% $410 / Sq Ft
09/21/2018 09/21/18 For Sale $979,900 0.0% $432 / Sq Ft
05/15/2013 05/15/13 Rented $3,000 0.0% --
04/27/2013 04/27/13 Under Contract -- -- --
04/13/2013 04/13/13 For Rent $3,000 0.0% --
03/14/2013 03/14/13 Sold $795,000 -0.5% $351 / Sq Ft
04/18/2011 04/18/11 For Sale $799,000 -- $352 / 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 $10,987 $981,654 $665,956 $315,698
2024 $10,987 $962,406 $652,898 $309,508
2023 $10,787 $943,536 $640,096 $303,440
2022 $10,582 $925,036 $627,545 $297,491
2021 $10,431 $906,899 $615,241 $291,658
2020 $10,520 $897,600 $608,932 $288,668
2019 $10,328 $877,603 $602,165 $275,438
2018 $10,111 $860,396 $590,358 $270,038
2017 $9,856 $843,526 $578,782 $264,744
2016 $9,670 $826,987 $567,434 $259,553
2015 $9,584 $814,565 $558,910 $255,655
2014 $9,415 $798,609 $547,961 $250,648
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brian Ho

    LA Realty

    Section Image

  • B

    Buyer's Agent in 2019

    Butchi Yalamuri

    Butchi Yalamuri, Broker

    Section Image
  • Steve Reddy

    Seller's Agent in 2013

    Steve Reddy

    Hanu Reddy Realty

    (949) 510-3933

    1 in this area

    46 Total Sales

    Steve Reddy
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18229565

California Regional Multiple Listing Service (CRMLS)

APN: 530-473-29

California Orange County Irvine 92602 Lower Peters Canyon

12 Proclamation Way, Irvine, CA

This home is located at 12 Proclamation Way, Irvine, CA 92602 since 21 September 2018 and is currently estimated at $1,778,249, approximately $784 per square foot. This property was built in 1999. 12 Proclamation Way is a home located in Orange County with nearby schools including Myford Elementary School, Pioneer Middle School, and Arnold O. Beckman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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