NOT LISTED FOR SALE

Estimated Value: $1,182,844 - $1,374,000

2 Beds
2 Baths
1,224 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $685,000 $560 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,390/month

3 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Granite Countertops
  • University Park Elementary Rated A
  • Park or Greenbelt View
  • 2 Car Direct Access Garage

About This Home

As of January 2018

Location! Location! Location! Fully UPGRADED 2 bed 2 Bath, Attached SFR, located in the heart of Irvine, In the established neighborhood of University Park. This community has 2 association pools and 2 parks. Across the street from Tanaka farms. Very close to IVC and UCI. Great Irvine K12 Schools, and minutes from shopping centers. As you take steps towards this gem you will notice brand new masonry in front. Kitchen remodeled with granite countertops, Farmhouse Sink, Self-closing drawers and cabinets. Bathrooms are remodeled with new vanity and standing shower with high end shower heads and faucets from Moen in the master bath. New energy saving windows, plantation shutters, new recessed lighting throughout the home, lots of storage space in the attic in garage. Open floor plan with large porcelain tiles throughout the home with fireplace in the living area. The unit has high ceilings with ceiling fans in both bedroom. Back yard also has brand new masonry. Home is wired for security system.

Last Agent to Sell the Property

Dipak Rajyaguru

Dipak Rajyaguru, Broker License #01378252 Listed on: 01/04/2018

Last Buyer's Agent

Jeff Moon

Hanu Reddy Realty License #01146714

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 3,000 Sq Ft Lot
  • Landscaped
  • 453-172-59

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317259

Community Details

Overview

  • The Terrace Community Association C/O Powerstone P Association, Phone Number (949) 535-4533

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

HOA Fees

$209 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317259
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 559.64
  • Room Type: Entry
  • Spa Features: Association
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Slab
  • View: Park/Greenbelt
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Dues Paid Monthly
  • Association Fee: 209.00
  • Association Fee Frequency: Monthly
  • Association Name: THE TERRACE COMMUNITY ASSOCIATION C/O POWERSTONE P
  • Phone: (949) 535-4533
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 453-172-59
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3000.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.12
  • Tax Lot: 107
  • Tax Tract Number: 8002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Jan 16, 2018
Sold by
Patel Amit and Patel Dhruvi
Bought by
Dagur Piyush and Chaudhary Shweta
Seller's Agent
Dipak Rajyaguru
Dipak Rajyaguru, Broker
Buyer's Agent
Jeff Moon
Hanu Reddy Realty
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$1,255,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,211
Avg. Annual Appreciation
7.86%
Original Mortgage
$616,450
Outstanding Balance
$520,078
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$735,133

Purchase Details

Listed on
Feb 25, 2013
Closed on
Mar 6, 2013
Sold by
Rydzinski Henry L
Bought by
Patel Amit and Patel Dhruvi
Seller's Agent
John Gulugian
John Gulugian, Broker
Buyer's Agent
Jan Shomaker
SPS Realty
List Price
$479,000
Sold Price
$469,000
Premium/Discount to List
-$10,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$460,505
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1999
Sold by
Irene Sharma
Bought by
Sharma Irene and Trust Of Irene Sharma

Purchase Details

Closed on
Jun 25, 1998
Sold by
Shanker Sharma Brahma
Bought by
Sharma Irene

Purchase Details

Closed on
Sep 12, 1994
Sold by
Sharma Brahma Shanker
Bought by
Sharma Brahma Shanker
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
Dagur Piyush $685,000 Old Republic Title
Patel Amit $469,000 Chicago Title Company
Sharma Irene -- --
Sharma Irene -- --
Sharma Brahma Shanker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagur Piyush $616,450
Previous Owner Patel Amit $460,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2018 01/30/18 Sold $685,000 -2.0% $560 / Sq Ft
01/04/2018 01/04/18 For Sale $699,000 +49.0% $571 / Sq Ft
04/08/2013 04/08/13 Sold $469,000 -2.1% $399 / Sq Ft View Prior Sale
02/25/2013 02/25/13 For Sale $479,000 -- $408 / 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 $7,953 $779,411 $670,612 $108,799
2024 $7,953 $764,129 $657,463 $106,666
2023 $7,747 $749,147 $644,572 $104,575
2022 $7,607 $734,458 $631,933 $102,525
2021 $7,436 $720,057 $619,542 $100,515
2020 $7,393 $712,674 $613,189 $99,485
2019 $7,228 $698,700 $601,165 $97,535
2018 $5,269 $507,579 $413,878 $93,701
2017 $5,159 $497,627 $405,763 $91,864
2016 $4,927 $487,870 $397,807 $90,063
2015 $4,852 $480,542 $391,831 $88,711
2014 $4,757 $471,129 $384,155 $86,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18001812

California Regional Multiple Listing Service (CRMLS)

APN: 453-172-59