NOT LISTED FOR SALE

124 Toretta Unit 1 Irvine, CA 92602

Orchard Hills Neighborhood

Estimated Value: $2,094,450 - $2,407,000

4 Beds
3 Baths
2,227 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $1,180,000 $530 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $13,758/month

135 Days on Market

Highlights

  • New Construction
  • Heated In Ground Pool
  • Gated Community
  • Canyon View Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Loma Ridge

About This Home

As of September 2019

Gorgeous Early California style, 4 bdrm, 3 bath home in the heart of Orchard Hills, located in the desirable, gated community of Reserve. This lovely home features a fabulous gourmet kitchen with island, complete with quartz countertops, custom backsplash, KitchenAid stainless steel appliances, and walk-in pantry. The master suite includes coffered ceilings and a spacious walk-in closet. Designer chosen, upgraded flooring throughout. Home is located within close proximity to the highly celebrated Northwood High School, and walking distance to the park, pool and clubhouse. Enjoy beautiful views of the Irvine valley when strolling through the neighborhood. Fantastic corner location. Highly upgraded and ready for immediate occupancy.

Last Agent to Sell the Property

Patrick Bailey

Irvine Management Company License #01809528 Listed on: 03/07/2019

Irvine Management Company

Last Buyer's Agent

Andy Sohn

Christie's International License #01965394

Christie's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,619

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 2,227 Sq Ft Lot
  • Property fronts a private road
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Back Yard
  • Zero Lot Line

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Shared Driveway
  • Automatic Gate

Home Design

  • Spanish Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 2,227 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Peek-A-Boo Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

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

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Whole House Fan
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18012

Community Details

Overview

  • Keystone Association, Phone Number (949) 838-3236
  • Built by Irvine Pacific
  • Foothills
  • Property is near a preserve or public land

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,619

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 9497903070
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Lago
  • View: Yes
  • Architectural Style: Spanish
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2227.00 Square Feet
  • Interior Amenities: Coffered Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Data
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 529.86
  • Room Type: Entry, Formal Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Heated, In Ground
  • Window Features: Casement Windows, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block
  • Builder Name: Irvine Pacific
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Brick, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage Faces Side, Garage Door Opener, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Microwave, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Whole House Fan, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone
  • Phone: 9498383236
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Level with Street, Level, Park Nearby, Sprinklers In Front, Yard, Zero Lot Line
  • Lot Size Sq Ft: 2227.00
  • Lot Size Acres: 0.0511
  • Latitude Manual: 33.73916900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2227.0000 Square Feet
  • Number Of Units In Community: 123
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 18012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Lee Tae Hoon and Song Eun Sil
Bought by
Kang Wonsook
Current Estimated Value
$2,243,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,900
Outstanding Balance
$577,146
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,665,967

Purchase Details

Listed on
Mar 7, 2019
Closed on
Sep 10, 2019
Sold by
Irvine Pacific Lp
Bought by
Lee Tae Hoon and Song Eun Sil
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Andy Sohn
Christie's International
List Price
$1,237,000
Sold Price
$1,180,000
Premium/Discount to List
-$57,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jul 29, 2019
Sold by
Irvine Community Development Company Llc
Bought by
Irvine Pacific Lp
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Andy Sohn
Christie's International
List Price
$1,237,000
Sold Price
$1,180,000
Premium/Discount to List
-$57,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2018
Sold by
Irvine Community Development Company Llc
Bought by
Irvine Pacific 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
Kang Wonsook $1,573,000 Provident Title Company
Lee Tae Hoon $1,180,000 First American Title Company
Irvine Pacific Lp -- First American Title Company
Irvine Pacific Lp -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Wonsook $632,900
Previous Owner Lee Tae Hoon $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $1,180,000 -4.6% $530 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $1,237,000 -- $555 / 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 $20,619 $1,669,173 $1,171,158 $498,015
2024 $20,619 $1,636,445 $1,148,195 $488,250
2023 $20,225 $1,604,358 $1,125,681 $478,677
2022 $19,895 $1,572,900 $1,103,608 $469,292
2021 $15,880 $1,192,224 $721,407 $470,817
2020 $15,752 $1,180,000 $714,010 $465,990
2019 $7,335 $375,037 $24,190 $350,847
2018 $3,528 $94,864 $94,864 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Bailey

    Seller's Agent in 2019

    Patrick Bailey

    Irvine Management Company

    (949) 735-9753

    49 in this area

    98 Total Sales

    Patrick Bailey
    Section Image
  • Andy Sohn

    Buyer's Agent in 2019

    Andy Sohn

    Christie's International

    (949) 508-1111

    4 in this area

    41 Total Sales

    Andy Sohn
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19051277

California Regional Multiple Listing Service (CRMLS)

APN: 938-191-37

California Orange County Irvine 92602 Orchard Hills

124 Toretta Unit 1, Irvine, CA

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