Seller's Agent in 2021
Patrick Bailey
Irvine Management Company
(949) 735-9753
51 in this area
102 Total Sales
133 Summerland Unit 55 Irvine, CA 92602
Orchard Hills NeighborhoodEstimated Value: $3,433,000 - $4,080,000
4
Beds
3
Baths
2,721
Sq Ft
$1,357/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Spa
- Primary Bedroom Suite
- Canyon View Elementary School Rated A
- View of Catalina
- Gated Community
About This Home
As of August 2021Beautiful, brand new 4 bedroom/3 bath home with tech center. Our most sought after Residence 1 is located in the exclusive gated community of the Reserve at Orchard Hills. This Model home has been appointed with beautiful upgrades and features a first floor bedroom and. Front yard and back yard landscaping is included! There is over $378,000 in upgrades in this home, upgraded tile flooring, upgraded refrigerator, washer and dryer Terra is located in the Irvine Unified School District and walking distance to North wood high school.
Last Agent to Sell the Property
Irvine Management Company License #01809528 Listed on: 12/08/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,436
Year Built
- Built in 2017 | Newly Remodeled
Lot Details
- 4,329 Sq Ft Lot
- Block Wall Fence
- Level Lot
- Drip System Landscaping
- Sprinkler System
- Back and Front Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $299 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side by Side Parking
- Single Garage Door
- Garage Door Opener
- Driveway
Property Views
- Catalina
- City Lights
Home Design
- Combination Foundation
- Fire Rated Drywall
- Interior Block Wall
- Spanish Tile Roof
- Stucco
Interior Spaces
- 2,721 Sq Ft Home
- High Ceiling
- Recessed Lighting
- ENERGY STAR Qualified Windows
- Sliding Doors
- Formal Entry
- Great Room
- Family Room Off Kitchen
- Laundry Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Spa
- Exterior Lighting
Utilities
- SEER Rated 13-15 Air Conditioning Units
- Whole House Fan
- Forced Air Zoned Heating and Cooling System
- High Efficiency Heating System
- Vented Exhaust Fan
- Tankless Water Heater
- Hot Water Circulator
Listing and Financial Details
- Tax Lot 55
- Tax Tract Number 18013
Community Details
Overview
- Keystone Association, Phone Number (949) 838-2600
- Built by Irvine Pacific
Recreation
- Community Playground
- Community Pool
- Community Spa
Additional Features
- Community Barbecue Grill
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Aug 14, 2021
Sold by
Irvine Pacific Lp
Bought by
Park Steve Kwangjun and Park Sarah Sunghee
Seller's Agent
Patrick Bailey
Irvine Management Company
Buyer's Agent
Veronica Lee
Compass Newport Beach
List Price
$2,704,000
Sold Price
$2,612,000
Premium/Discount to List
-$92,000
-3.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081,561
Avg. Annual Appreciation
9.12%
Original Mortgage
$1,670,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Park Steve Kwangjun | $2,612,000 | First Amer Ttl Co Homebuilde | |
| Irvine Pacific Lp | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Park Steve Kwangjun | $2,415,000 | |
| Closed | Park Steve Kwangjun | $2,100,000 | |
| Closed | Park Steve Kwangjun | $2,100,000 | |
| Closed | Park Steve Kwangjun | $1,670,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $2,612,000 | -3.4% | $960 / Sq Ft |
| 07/17/2021 07/17/21 | Pending | -- | -- | -- |
| 12/08/2020 12/08/20 | For Sale | $2,704,000 | -- | $994 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $32,436 | $2,771,874 | $2,082,452 | $689,422 |
| 2024 | $32,436 | $2,717,524 | $2,041,620 | $675,904 |
| 2023 | $31,782 | $2,664,240 | $2,001,589 | $662,651 |
| 2022 | $31,235 | $2,612,000 | $1,962,342 | $649,658 |
| 2021 | $10,312 | $623,373 | $35,410 | $587,963 |
| 2020 | $10,246 | $616,982 | $35,047 | $581,935 |
| 2019 | $10,132 | $604,885 | $34,360 | $570,525 |
| 2018 | $7,800 | $593,025 | $33,686 | $559,339 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Veronica Lee
Compass Newport Beach
(949) 783-2400
15 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20253709
APN: 527-471-34
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