NOT LISTED FOR SALE

Estimated Value: $1,457,000 - $1,902,000

4 Beds
3.5 Baths
2,302 Sq Ft
$432/mo HOA Fee

Last Sold May 13, 2022

Last sale price $1,350,000 $586 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,900/month

13 Days on Market

Highlights

  • Lap Pool
  • Primary Bedroom Suite
  • Clubhouse
  • Cadence Park Rated A
  • Open Floorplan
  • Property is near clubhouse and park

About This Home

As of May 2022

148 Terrapin is a recently built, highly upgraded tri-level home in the coveted Parasol Park community of Irvine’s Great Park.
The end unit home features 4 bedrooms and 3.5 bathrooms with plenty of natural lighting. The ground level provides a guest suite, fitted with its own full bathroom & living space, making it perfect for in-laws or as a private home office. Upgraded kitchen on the second floor boasts an oversized quartz island, full height designer backsplash, food pantry, and stainless-steel appliances. The second floor living space features a beautiful custom media center with ample room for added dining options. The open concept floor plan highlights the clean, modern lifestyle with an incredible deck, capturing the beauty of true indoor-outdoor living. The 3rd floor boasts a spacious master bedroom with a large walk-in closet, two secondary bedrooms, and conveniently located laundry room. Hunter Douglas Silhouette and Designer Banded Shades and upgraded flooring are featured throughout the home. High energy efficiency features include tankless water heater, hot water recirculation pump, recessed LED lighting, low-E vinyl windows, dual zone programmable Wi-Fi digital thermostat, and many others. Direct access to a two-car garage with plenty of room for storage and a second refrigerator.Pedestrian-friendly location that is walking distance to many Great Park HOA amenities, including: numerous parks, playgrounds,
pools & spas, sports centers (volleyball, basketball, shuffleboard, soccer, etc.), fire pits, barbecues, community workspaces, greenhouse, garden & orchard, etc. Within Irvine Unified School District: This home is zoned to Cadence Elementary School from K-8 and Portola High School.

Last Agent to Sell the Property

Jerardo Linares

Millenia Real Estate License #02044579 Listed on: 03/11/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 2,302 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Lap Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Portola High School

Utilities

  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Property is near clubhouse and park

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 17900
  • Assessor Parcel Number 93922837
  • $6,690 per year additional tax assessments

Community Details

Overview

  • 56 Units
  • Great Park Association, Phone Number (949) 733-3232
  • Bhe Management Association, Phone Number (949) 363-1963
  • First Services HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Firewall(s), Smoke Detector(s)
  • Subdivision Name Other: Parasol Park
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93922837
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2302.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Pull Down Stairs to Attic
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 586.45
  • Room Type: Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Community, Lap
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Celadon
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Hiking Trails, Clubhouse, Banquet Facilities, Recreation Room, Maintenance Grounds
  • Association Fee: 215.00
  • Association #2 Fee: 217.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Great Park
  • Phone: 949-733-3232
  • Association Phone #2: 949-363-1963
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Street Lights
  • Association Management: First Services
  • Association Management 2: BHE Management

Schools

  • High School: Portola
  • High School2: PORTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Corner Lot, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 56
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.04
  • Tax Lot: 3
  • Tax Tract Number: 17900
  • TaxOtherAnnualAssessmentAmount: 6690.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 30, 2022
Sold by
Karam and Jeanette
Bought by
Chaudhry Azzam
Seller's Agent
Jerardo Linares
Millenia Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,235,000
Sold Price
$1,350,000
Premium/Discount to List
$115,000
9.31%
Current Estimated Value
$1,661,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,355
Avg. Annual Appreciation
5.85%
Original Mortgage
$1,080,000
Outstanding Balance
$1,016,263
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$645,092
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
Chaudhry Azzam $1,350,000 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhry Azzam $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $1,350,000 +9.3% $586 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,235,000 -- $536 / 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 $21,483 $1,432,630 $942,530 $490,100
2024 $21,483 $1,404,540 $924,049 $480,491
2023 $21,013 $1,377,000 $905,930 $471,070
2022 $15,218 $843,430 $404,636 $438,794
2021 $14,918 $826,893 $396,702 $430,191
2020 $14,770 $818,415 $392,635 $425,780
2019 $14,506 $802,368 $384,936 $417,432
2018 $9,642 $331,544 $331,544 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22047218

California Regional Multiple Listing Service (CRMLS)

APN: 939-228-37