NOT LISTED FOR SALE

Estimated Value: $1,763,000 - $1,979,000

3 Beds
4 Baths
3,085 Sq Ft
$215/mo HOA Fee

Last Sold September 07, 2021

Last sale price $1,333,000 $432 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,842/month

12 Days on Market

Highlights

  • City Lights View
  • Clubhouse
  • Community Pool
  • Cadence Park Rated A
  • Bonus Room
  • 2-minute walk to Parasol Park

About This Home

As of September 2021

**View View View**MOVE-IN READY **Single Family Home located in Irvine newest community, Parasol Park. This charming home is situated within the “Obsidian” community which showcases modern living and resort-style amenities. **Very private Single-family home facing walking trail, community park and famous Great Park orange balloon. Relax and enjoy indoor/outdoor living from dining area to outside deck. **House features 3 Bedrooms, 4 Baths, Living Room, and attached 2-car garage with additional carport. ** Fantastic Custom Designed Kitchen with white Cabinets, large natural stone slab with full splash at cooktop** Stainless Steel Appliances; Professional Series 5 Burner Cooktop; Vent Hood with Chimney to Ceiling; built-in Microwave; built-in Convection Oven, and Dishwasher. **Master bathroom with dual sinks and walk-in shower. **Convenient Laundry Room with cabinets. **Walking distance to beautiful parks, private community swimming pools, spas, clubhouses, tennis courts, playgrounds, picnic areas, and walking/biking trails. ** World-Class Education with neighborhood schools: Beacon Park and Portola High - one of the best high schools in California. You will also be in close proximity to exciting shopping, dining and entertainment. 4 miles to Irvine Spectrum, 12 miles to UC Irvine, South Coast Plaza and Santa Ana Airport and 14 miles to Laguna Beach! Don't wait for this exciting opportunity to own a home in the Parasol Park.

Last Agent to Sell the Property

Hao Zhang

Realty One Group West License #02022579 Listed on: 07/08/2021

Realty One Group West

Last Buyer's Agent

Betsy Heller

Achievers Realty, Inc License #01074985

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt
  • Neighborhood

Interior Spaces

  • 3,085 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room
  • Bonus Room
  • Game Room
  • Laundry Room

Kitchen

  • Six Burner Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • No Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17899
  • Assessor Parcel Number 93922664

Community Details

Overview

  • 77 Units
  • Great Park Association, Phone Number (800) 428-5588
  • First Service Residential HOA

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Sport Court
  • Bocce Ball Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Obsidian
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93922664
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3085.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 432.09
  • Room Type: Bonus Room, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood, Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Bocce Ball Court, Sport Court, Biking Trails, Hiking Trails, Clubhouse, Recreation Room, Meeting Room
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Association Name: Great Park
  • Phone: 8004285588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Park, Sidewalks
  • Association Management: First service residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.68100500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 77
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 17899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 22, 2021
Sold by
Bilal Bassam Rifaat and Simo Jean Ibrahim
Bought by
Hicks William and Hicks Grace
Seller's Agent
Hao Zhang
Realty One Group West
Buyer's Agent
Betsy Heller
Achievers Realty, Inc
List Price
$1,295,000
Sold Price
$1,333,000
Premium/Discount to List
$38,000
2.93%
Current Estimated Value
$1,819,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,483
Avg. Annual Appreciation
7.54%
Original Mortgage
$822,375
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 8, 2019
Sold by
Lennar Homes Of California Inc
Bought by
Bilal Bassam Rifaat and Simo Jean Ibrahim
Seller's Agent
Derek Oie
KW VISION
Buyer's Agent
Derek Oie
KW VISION
List Price
$1,199,990
Sold Price
$1,030,000
Premium/Discount to List
-$169,990
-14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$824,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hicks William $1,333,000 Fidelity Natl Ttl Orange Cnt
Bilal Bassam Rifaat $1,030,000 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks William $822,375
Previous Owner Bilal Bassam Rifaat $824,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2021 09/07/21 Sold $1,333,000 +2.9% $432 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,295,000 +25.7% $420 / Sq Ft
08/29/2019 08/29/19 Sold $1,030,000 -14.2% $331 / Sq Ft View Prior Sale
07/17/2019 07/17/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $1,199,990 -- $385 / 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 $24,794 $1,414,590 $778,858 $635,732
2024 $24,794 $1,386,853 $763,586 $623,267
2023 $24,260 $1,359,660 $748,613 $611,047
2022 $23,785 $1,333,000 $733,934 $599,066
2021 $20,515 $1,040,670 $442,559 $598,111
2020 $20,286 $1,030,000 $438,021 $591,979
2019 $19,864 $997,491 $434,130 $563,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21138136

California Regional Multiple Listing Service (CRMLS)

APN: 939-226-64