NOT LISTED FOR SALE

Estimated Value: $1,880,000 - $2,454,000

4 Beds
3 Baths
2,382 Sq Ft
2018 Built

Last Sold February 22, 2021

Last sale price $1,233,000 $518 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,194/month

Highlights

  • Spa
  • Main Floor Bedroom
  • Family Room Off Kitchen
  • Canyon View Elementary School Rated A
  • Open to Family Room
  • 1-minute walk to Loma Ridge

About This Home

As of March 2024

Bright and airy home inside the gated community of the Reserves at Orchard Hills! Open Great Room as you walk-in with a gourmet kitchen that
boasts floor to ceiling cabinets, marble backsplash, quartz countertops, and stainless steel appliances. First floor features mainfloor bedroom,
laundry room, and direct access to the attached 2-car garage. Upstairs features 3 rooms including Master Suite with ensuite that includes a huge
walk-in closet, spacious master bathroom with soaking tub, separate shower, and dual sink vanities. The private backyard is cemented for easy maintenance and allows a great space for entertaining. This property is located in a great location within walking distance to resort-style
community amenities. Home is zoned to award winning Irvine Unified School District. Side note: Homeowner has updated the window and door coverings to roller shades.

Last Agent to Rent the Property

Glara Lee

Compass Newport Beach License #01938180 Listed on: 02/05/2024

Compass Newport Beach

Co-Listed By

Veronica Lee

Compass Newport Beach License #01165633

Compass Newport Beach

Last Renter's Agent

Veronica Lee

Compass Newport Beach License #01165633

Compass Newport Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,154

Year Built

  • Built in 2018

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Property Views

Kitchen

  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Canyon View Elementary School
  • Siera Vista Middle School
  • Northwood High School

Additional Features

  • Spa
  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $8,700
  • 12-Month Minimum Lease Term
  • Available 3/5/24
  • Tax Lot 15
  • Tax Tract Number 18011
  • Assessor Parcel Number 93819307

Community Details

Overview

  • Property has a Home Owners Association
  • 18,011 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,154

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-03-05
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 8700
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Washer, Dryer, Refrigerator
  • Property Attached: No
  • Subdivision Name Other: Verdi
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93819307
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2382.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.31
  • Room Type: Main Floor Bedroom
  • Spa Features: Association, Community
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Irvine Unified
  • Elementary School: Canyon View
  • Middle School: Siera Vista
  • High School: Northwood
  • Elementary School: Canyon View
  • High School: Northwood
  • Middle Or Junior School: Siera Vista
  • Elementary School #2: CANVIE
  • High School2: NORTHW

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 18011
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.37
  • Tax Lot: 15
  • Tax Tract Number: 18011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jan 25, 2021
Sold by
Cao Jiawei
Bought by
Ej Property Group Llc
Seller's Agent
Glara Lee
Compass Newport Beach
Buyer's Agent
Sarah Park
Coldwell Banker Platinum Prop.
Sold Price
$4,600
Current Estimated Value
$2,148,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,143,950
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Apr 7, 2018
Sold by
Irvine Pacific Lp
Bought by
Cao Jiawei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,530
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Ej Property Group Llc $1,233,000 Fidelity Natl Ttl Orange Cnt
Cao Jiawei $1,219,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cao Jiawei $731,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Rented $5,500 0.0% --
02/22/2024 02/22/24 Under Contract -- -- --
02/10/2024 02/10/24 Price Changed $5,500 -5.2% $2 / Sq Ft
02/05/2024 02/05/24 For Rent $5,800 +26.1% --
03/05/2021 03/05/21 Rented $4,600 0.0% --
03/04/2021 03/04/21 For Rent $4,600 0.0% --
03/02/2021 03/02/21 Off Market $4,600 -- --
02/26/2021 02/26/21 For Rent $4,600 0.0% --
02/22/2021 02/22/21 Sold $1,233,000 -0.4% $518 / Sq Ft
12/21/2020 12/21/20 Price Changed $1,237,900 0.0% $520 / Sq Ft
12/01/2020 12/01/20 For Sale $1,238,000 -- $520 / 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 $17,154 $1,334,638 $809,201 $525,437
2024 $17,154 $1,308,469 $793,334 $515,135
2023 $16,840 $1,282,813 $777,778 $505,035
2022 $16,577 $1,257,660 $762,527 $495,133
2021 $16,832 $1,281,626 $800,109 $481,517
2020 $16,694 $1,268,485 $791,905 $476,580
2019 $16,586 $1,243,613 $776,377 $467,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24025950

California Regional Multiple Listing Service (CRMLS)

APN: 938-193-07