NOT LISTED FOR SALE

Estimated Value: $853,000 - $932,428

2 Beds
1.5 Baths
1,098 Sq Ft
$349/mo HOA Fee

Last Sold September 14, 2022

Last sale price $745,800 $679 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,895/month

7 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Quartz Countertops
  • Meadow Park School Rated A
  • Contemporary Architecture
  • 2-minute walk to Timber Run Park

About This Home

As of September 2022

Beautiful Inside

Last Agent to Sell the Property

Glara Lee

Compass Newport Beach License #01938180 Listed on: 08/15/2022

Compass Newport Beach

Co-Listed By

Veronica Lee

Compass Newport Beach License #01165633

Last Buyer's Agent

Li Dai

Keller Williams Realty Irvine License #02139745

Keller Williams Realty Irvine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,248

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Meadow Park Elementary School
  • South Lake Middle School
  • Woodbridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10343
  • Assessor Parcel Number 93755121
  • $290 per year additional tax assessments

Community Details

Overview

  • 398 Units
  • Somerset Association, Phone Number (949) 450-0202
  • Action Association, Phone Number (949) 768-1800
  • Somerset Subdivision

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,248

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Somerset (ST)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93755121
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1098.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 679.23
  • Room Type: All Bedrooms Up, Laundry, Living Room, Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Woodbridge Village Association
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Sport Court
  • Association Fee: 234.00
  • Association #2 Fee: 115.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Somerset
  • Phone: 9494500202
  • Association Phone #2: 9497681800
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Somerset
  • Association Management 2: Action

Schools

  • School District: Irvine Unified
  • Elementary School: Meadow Park
  • Middle School: South Lake
  • High School: Woodbridge
  • Elementary School: Meadow Park
  • High School: Woodbridge
  • Middle Or Junior School: South Lake
  • Elementary School #2: MEAPAR
  • High School2: WOODBR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1125.00
  • Lot Size Acres: 0.0258

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1125.0000 Square Feet
  • Number Of Units In Community: 398
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 525.19
  • Tax Lot: 4
  • Tax Tract Number: 10343
  • TaxOtherAnnualAssessmentAmount: 290.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Aug 24, 2022
Sold by
Kala Ahluwalia and Kala Gunjeet
Bought by
Cai Weihong
Seller's Agent
Glara Lee
Compass Newport Beach
Buyer's Agent
Li Dai
Keller Williams Realty Irvine
List Price
$738,000
Sold Price
$745,800
Premium/Discount to List
$7,800
1.06%
Views
23
Current Estimated Value
$898,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,807
Avg. Annual Appreciation
6.45%
Original Mortgage
$447,480
Interest Rate
8.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2020
Closed on
May 15, 2020
Sold by
Hiles Janese E and Hiles Francis L
Bought by
Ahluwalia Amandeep and Ahluwalia Gunjeet Kala
Seller's Agent
Debbie Sagorin
Coldwell Banker Realty
Buyer's Agent
Megan Varga
Compass
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$382,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Hiles Francis L and Hiles Janese E
Bought by
Hiles Francis L and Hiles Janese E
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
Cai Weihong $745,454 Lawyers Title
Ahluwalia Amandeep $510,000 First American Title Company
Hiles Francis L -- None Available
Hiles Francis L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Weihong $440,000
Closed Cai Weihong $447,480
Previous Owner Ahluwalia Amandeep $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $745,800 +1.1% $679 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $738,000 0.0% $672 / Sq Ft
07/20/2020 07/20/20 Rented $2,400 0.0% --
07/17/2020 07/17/20 Off Market $2,400 -- --
07/14/2020 07/14/20 For Rent $2,400 0.0% --
06/19/2020 06/19/20 Sold $510,000 0.0% $453 / Sq Ft
05/12/2020 05/12/20 Off Market $510,000 -- --
05/10/2020 05/10/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $525,000 -- $467 / 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 $8,248 $775,930 $699,532 $76,398
2024 $8,248 $760,716 $685,816 $74,900
2023 $8,037 $745,800 $672,368 $73,432
2022 $5,711 $525,588 $454,951 $70,637
2021 $5,580 $515,283 $446,031 $69,252
2020 $2,347 $208,194 $125,013 $83,181
2019 $2,295 $204,112 $122,562 $81,550
2018 $2,253 $200,110 $120,159 $79,951
2017 $2,206 $196,187 $117,803 $78,384
2016 $2,114 $192,341 $115,493 $76,848
2015 $2,030 $189,452 $113,758 $75,694
2014 $1,991 $185,741 $111,529 $74,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22179842

California Regional Multiple Listing Service (CRMLS)

APN: 937-551-21