NOT LISTED FOR SALE

Estimated Value: $909,731 - $1,109,000

3 Beds
1.5 Baths
1,355 Sq Ft
$439/mo HOA Fee

Last Sold June 17, 2022

Last sale price $786,000 $580 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,385/month

5 Days on Market

Highlights

  • Pier or Dock
  • Spa
  • Lake Privileges
  • Meadow Park School Rated A
  • Fishing
  • 4-minute walk to Blue Lake Park

About This Home

As of June 2022

Lots of POTENTIAL and PRICED TO SELL! Perfect for INVESTORS, FLIPPERS, or HANDY FIRST TIME HOMEBUYERS! Welcome to this charming and cozy two story townhome in the heart of Woodbridge near a park, Olympic pool complex, picnic areas and playground.  This light and bright floorplan is the biggest model in the Somerset tract with NO ONE ABOVE OR BELOW!  Upon entering, you will find a half bathroom with a washer and dryer, a very large formal living room and dining room with lots of natural light passing through from the front door and patio, cozy fireplace, spacious kitchen with lots of cabinets, large private yard with a storage closet and direct access to two carports that are right behind the backyard (Carport #159).  On the second floor you will find two bedrooms and one very spacious master bedroom with a walk in closet and direct access to an adjoining full bathroom.  Fantastic Woodbridge resort-style amenities include 2 lakes with sand beach lagoons, boating & fishing, 20 pools, 20+ tennis courts, basketball, volleyball, shuffleboard, bocce, playgrounds, parks, fitness course, and a multitude of family-friendly activities. No Mello Roos and low HOAs. Award-winning schools.  ONE OF THE LOWEST PRICED 3-BDR PROPERTIES IN ALL OF IRVINE.

Last Agent to Sell the Property

Cathy Haney

First Team Real Estate License #01133913 Listed on: 05/19/2022

First Team Real Estate

Co-Listed By

Ann Amin

Alta Realty Group CA, Inc License #02097867

Last Buyer's Agent

Jackie Lee

Real Brokerage Technologies, Inc License #02073304

Real Brokerage Technologies, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Two or More Common Walls
  • Privacy Fence
  • Wood Fence
  • Back Yard

HOA Fees

Home Design

  • Traditional Architecture
  • Fixer Upper

Interior Spaces

  • 1,355 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Neighborhood Views
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Formica Countertops
  • Pots and Pans Drawers

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • Formica Counters In Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Parking Lot

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Spa
  • Lake Privileges
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10342
  • Assessor Parcel Number 93861109
  • $200 per year additional tax assessments

Community Details

Overview

  • 368 Units
  • Wb Somerset Association, Phone Number (949) 450-0202
  • Wva Association, Phone Number (949) 786-1800
  • Action Property Management HOA
  • Somerset Subdivision
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Pier or Dock
  • Pickleball Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$439 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Washer & Dryer without Warranty
  • Property Attached: Yes
  • Subdivision Name Other: Somerset (ST)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93861109
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1355.00 Square Feet
  • Interior Amenities: Formica Counters, Storage, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Room, In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 580.07
  • Room Type: All Bedrooms Up, Attic, Entry, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Formica Counters
  • Room Kitchen Features: Formica Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Privacy, Wood
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: WVA
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Pier, Sport Court, Biking Trails, Hiking Trails
  • Association Fee: 324.00
  • Association #2 Fee: 115.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: WB SOMERSET
  • Phone: 949-450-0202
  • Association Phone #2: 949-786-1800
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Lake, Park, Watersports, Sidewalks, Street Lights, Suburban
  • Association Management: Action Property Management

Schools

  • 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 Features: Back Yard, Park Nearby
  • Latitude Manual: 33.67068600

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 368
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community, Lake Privileges

Tax Info

  • Tax Census Tract: 525.19
  • Tax Lot: 1
  • Tax Tract Number: 10342
  • TaxOtherAnnualAssessmentAmount: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
May 27, 2022
Sold by
Wetts Megan V
Bought by
Kim Suesie and Stets Eric
Seller's Agent
Cathy Haney
First Team Real Estate
Buyer's Agent
Jackie Lee
Real Brokerage Technologies, Inc
List Price
$700,000
Sold Price
$786,000
Premium/Discount to List
$86,000
12.29%
Current Estimated Value
$994,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,183
Avg. Annual Appreciation
6.90%
Original Mortgage
$669,800
Outstanding Balance
$637,317
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$356,866

Purchase Details

Closed on
Jun 28, 1995
Sold by
Drucker Kristina A and Krogsdale Elizabeth L
Bought by
Wetts Richard W and Wetts Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.88%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Drucker Kristina A and Krogsdale Elizabeth L
Bought by
Drucker Kristina A and Krogsdale Elizabeth L
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
Kim Suesie $786,000 Western Resources
Wetts Richard W $152,000 Stewart Title
Drucker Kristina A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Suesie $669,800
Previous Owner Wetts Richard W $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $786,000 0.0% $580 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/25/2022 05/25/22 Off Market $786,000 -- --
05/19/2022 05/19/22 For Sale $700,000 -- $517 / 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 $8,849 $834,109 $739,000 $95,109
2024 $8,849 $817,754 $724,509 $93,245
2023 $8,622 $801,720 $710,303 $91,417
2022 $2,613 $240,579 $126,568 $114,011
2021 $2,550 $235,862 $124,086 $111,776
2020 $2,535 $233,444 $122,814 $110,630
2019 $2,477 $228,867 $120,406 $108,461
2018 $2,430 $224,380 $118,045 $106,335
2017 $2,379 $219,981 $115,731 $104,250
2016 $2,277 $215,668 $113,462 $102,206
2015 $2,189 $212,429 $111,758 $100,671
2014 $2,146 $208,268 $109,569 $98,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22104579

California Regional Multiple Listing Service (CRMLS)

APN: 938-611-09