NOT LISTED FOR SALE

124 Falcon Ridge Irvine, CA 92618

Portola Springs Neighborhood

Estimated Value: $1,752,194 - $1,864,000

4 Beds
3.5 Baths
2,070 Sq Ft
$248/mo HOA Fee

Last Sold March 04, 2021

Last sale price $1,293,667 $625 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,211/month

62 Days on Market

Highlights

  • Under Construction
  • In Ground Pool
  • City Lights View
  • Loma Ridge Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2021

It's rare to have a plan 4 home available at Talise and this home has city lights views! Your chance to own is here! This Smart home is under construction and will be complete February 2021! This open concept home includes volume ceilings, spacious living room & dining room that opens to kitchen. You'll love cooking in this kitchen, which includes a Bosch stainless steel appliance package, the cabinets are satin white Shaker Style with easy to care for Quartz countertops with beautifully coordinating backsplash. Kitchen island has ample room for seating. Home has 4 spacious bedrooms. Following the metal stair system to the upstairs you'll find the Master suite & 2 bedrooms. Master bath is lovely with dual vanity, separate tub and shower. The 4th bedroom is located down stairs and includes an en-suite bath and is perfect for guests, parents, college kids, or the perfect home office or school room for at-home learning. Upstairs is a loft overlooking the first level, and laundry room. The Designer selected interior paint complements the countertops and splashes. Builder standard flooring is included at no charge, or you may upgrade at Builder's Design Center for a fee. Dual bi-Fold patio doors open up into the Private fenced yard with gate and concrete patio. Direct access to 2 car garage. Exterior photo is Talise Plan 4 rendering & interior photos are the Talise plan 4 model home, not the listed property. Additional photos are nearby park and Round Canyon pool.

Last Agent to Sell the Property

Grace Fabregas

California Pacific Homes License #01412668 Listed on: 10/21/2020

Last Buyer's Agent

Jia Ni Yang

T.N.G. Real Estate Consultants License #02025043

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • No Common Walls
  • Glass Fence
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • No Driveway

Home Design

  • Patio Home
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Cathedral Ceiling
  • Recessed Lighting
  • Low Emissivity Windows
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Loft
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 18073

Community Details

Overview

  • 112 Units
  • Talise Neighborhood Association, Phone Number (949) 363-1963
  • Portola Springs Association, Phone Number (949) 833-2600
  • Bhe Management Co HOA
  • Built by California Pacific Homes

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Builder selected options, upgrades and standard features as noted in listing.
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Talise
  • View: Yes
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2070.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 624.96
  • Room Type: Dressing Area, Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Low Emissivity Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Glass
  • Builder Name: California Pacific Homes
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Private, Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Concrete, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage Door Opener, No Driveway, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Portola Springs Association
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 109.00
  • Association #2 Fee: 139.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Talise Neighborhood Association
  • Phone: 949 363-1963
  • Association Phone #2: 949-833-2600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: BHE Management CO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Latitude Manual: 33.70017700

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 112
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 18073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Feb 3, 2021
Sold by
Cdb Investments Lp
Bought by
Credit Union 1 Hejing and Yin Jun
Seller's Agent
Grace Fabregas
California Pacific Homes
Buyer's Agent
Jia Ni Yang
T.N.G. Real Estate Consultants
List Price
$1,293,667
Sold Price
$1,293,667
Current Estimated Value
$1,804,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,132
Avg. Annual Appreciation
7.12%
Original Mortgage
$822,375
Outstanding Balance
$735,524
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,069,275
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Credit Union 1 Hejing $1,294,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Credit Union 1 Hejing $822,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $1,293,667 0.0% $625 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $1,293,667 -- $625 / 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 $18,415 $1,400,304 $913,143 $487,161
2024 $18,415 $1,372,848 $895,239 $477,609
2023 $18,082 $1,345,930 $877,685 $468,245
2022 $17,799 $1,319,540 $860,476 $459,064
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Grace Fabregas

    California Pacific Homes

    Section Image

  • J

    Buyer's Agent in 2021

    Jia Ni Yang

    T.N.G. Real Estate Consultants

    (714) 987-3310

    1 in this area

    4 Total Sales

    Jia Ni Yang
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20220931

California Regional Multiple Listing Service (CRMLS)

APN: 931-841-77

California Orange County Irvine 92618 Portola Springs

124 Falcon Ridge, Irvine, CA

Not Listed for Sale

Condos

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