RENTED MAR 22, 2025

Estimated Value: $684,000 - $765,000

1 Bed
1 Bath
895 Sq Ft
3.09 Acres

Last Sold February 09, 2021

Last sale price $505,999 $565 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,291/month

Highlights

  • Fitness Center
  • No Units Above
  • City Lights View
  • Spa
  • Gated Parking
  • Updated Kitchen

About This Home

As of March 2025

Welcome home to 1438 Scholarship! Located on the TOP FLOOR of the Avenue One building, this 1 bedroom PLUS loft offers 20+ foot ceilings in the living area providing ample natural light, an open modern kitchen with newly refinished white shaker cabinets, black granite counters, and stainless steel appliances. A spacious loft overlooking the living space is perfect for a home office, gym, or guest quarters. The bedroom offers recessed lighting, 2 closets and access to the private balcony with city views. Other notable features include fresh paint throughout, in-unit laundry, a spacious bathroom with granite counters, luxury vinyl flooring in the living areas, and assigned parking with ample guest parking. Avenue One offers secured access to the building, gated garage parking, elevator access to the unit, and resort style amenities - pool, spa, BBQ area, clubhouse, conference room, business center, indoor basketball court, tennis courts, and fitness center. Conveniently located in the business district of Irvine and just minutes from John Wayne Airport, UCI, Park Place, University Town Center, and the District.

Last Agent to Rent the Property

Michael Ng

Pacific Sotheby's Int'l Realty Brokerage Phone: 510-468-1467 License #02195202 Listed on: 01/29/2025

Pacific Sotheby's Int'l Realty

Co-Listed By

Peter Au

Pacific Sotheby's International Realty Brokerage Phone: 510-468-1467 License #01935667

Last Renter's Agent

Jon Silber

Onyx Homes License #01885277

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Modern Architecture
  • Entry on the 4th floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 895 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Loft
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/28/25
  • Tax Lot 1
  • Tax Tract Number 16948
  • Assessor Parcel Number 93030713

Community Details

Overview

  • Property has a Home Owners Association
  • 200 Units
  • Avenue One Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Deposit $1,000
  • Breed Restrictions

Security

  • Card or Code Access
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Pet Deposit
  • Available Date: 2025-01-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 1000
  • Deposit Security: 2900
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: Washer, Dryer, Refrigerator, Dishwasher, Microwave, Stove
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access
  • Subdivision Name Other: Avenue One (AVE1)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93030713
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 895.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.07
  • Room Type: All Bedrooms Down, Loft
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Gated, Structure
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Clubhouse
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 134548.00
  • Lot Size Acres: 3.0888

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 134548.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 1
  • Tax Tract Number: 16948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 27, 2021
Sold by
Mahan Massoud
Bought by
Sheibani Mariam
Seller's Agent
Ryan Kashanchi
RE/MAX Premier Realty
Buyer's Agent
Peter Au
Pacific Sotheby's International Realty
List Price
$490,000
Sold Price
$505,999
Premium/Discount to List
$15,999
3.27%
Current Estimated Value
$727,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,726
Avg. Annual Appreciation
7.60%
Original Mortgage
$454,000
Outstanding Balance
$404,409
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$323,316

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 20, 2021
Sold by
Sheibani Mariam
Bought by
Htay Andre Aung-Ko and Htay Thu Moh
Seller's Agent
Ryan Kashanchi
RE/MAX Premier Realty
Buyer's Agent
Peter Au
Pacific Sotheby's International Realty
List Price
$490,000
Sold Price
$505,999
Premium/Discount to List
$15,999
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Outstanding Balance
$404,409
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$323,316

Purchase Details

Closed on
Jul 25, 2006
Sold by
K Hovnanian At Avenue One Llc
Bought by
Sheibani Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,992
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Sheibani Mariam -- Lawyers Title
Htay Andre Aung-Ko $506,000 Lawyers Title
Sheibani Mariam $510,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Htay Andre Aung-Ko $454,000
Previous Owner Sheibani Mariam $407,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2025 03/22/25 Rented $2,750 -5.2% --
03/16/2025 03/16/25 Under Contract -- -- --
01/29/2025 01/29/25 For Rent $2,900 +7.4% --
09/19/2022 09/19/22 Rented $2,700 0.0% --
09/11/2022 09/11/22 Under Contract -- -- --
09/03/2022 09/03/22 For Rent $2,700 0.0% --
02/09/2021 02/09/21 Sold $505,999 0.0% $565 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Price Changed $505,999 +3.3% $565 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $490,000 -- $547 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,049 $547,707 $311,852 $235,855
2024 $6,049 $536,968 $305,737 $231,231
2023 $5,904 $526,440 $299,742 $226,698
2022 $5,851 $516,118 $293,865 $222,253
2021 $4,979 $440,516 $219,686 $220,830
2020 $4,993 $436,000 $217,434 $218,566
2019 $4,984 $436,000 $217,434 $218,566
2018 $5,096 $456,000 $237,434 $218,566
2017 $4,450 $393,000 $174,434 $218,566
2016 $4,446 $393,000 $174,434 $218,566
2015 $3,858 $343,100 $124,534 $218,566
2014 $3,868 $343,100 $124,534 $218,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25020695

California Regional Multiple Listing Service (CRMLS)

APN: 930-307-13