M
Seller's Agent in 2019
Mehri Borhani
Keller Williams Realty Irvine
(949) 394-7414
15 in this area
35 Total Sales
16 Butternut Ln Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,668,000 - $1,936,000
3
Beds
2
Baths
1,843
Sq Ft
$962/Sq Ft
Est. Value
Highlights
- Spa
- View of Trees or Woods
- Open Floorplan
- University Park Elementary Rated A
- Updated Kitchen
- 4-minute walk to Dave Robins Park
About This Home
As of January 2019A single-family home like this in our fast-paced market just won't last. Welcome to the prestigious Parkside Community in coveted University Park! This rare 3 bedroom, 2 bathroom single-family home has it all, including an upstairs loft, and immaculate upgrades all throughout. The 1,845 sq. ft. open floor plan perfectly features the newly upgraded Brazilian Cherry hardwood flooring, and is an ideal accent to the dual pane Pella energy efficient windows and sliders surrounding the home. Included is a The crystal chandelier in the kitchen, custom interior paint, and plenty of broad windows bolster the already prevalent natural light filling the home. The loft is nicely tucked away, allowing for more space for an office, entertaining, or other needs. Both bathrooms have been abundantly upgraded and remodeled, fixed with seamless glass doors, new marble flooring, and luxurious built-in vanities. The master bathroom's new fixtures and vanity boasts fine Italian craftsmanship. The picturesque wraparound patio was redone only 6 months ago, and provides magnificent views of the nearby hills and Concordia University.
The home's AC and heating unit were not only replaced just one year ago, but also upgraded from 1/2 ton to 3/4 ton in the process. The sprinkler system was completely excavated and replaced just three years ago, and the garage trusses are reinforced. The entire home was re-stuccoed only 18 months ago as well.
Last Agent to Sell the Property
Keller Williams Realty Irvine License #01361225 Listed on: 08/01/2018
Last Buyer's Agent
Keller Williams Realty Irvine License #01361225 Listed on: 08/01/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,154
Year Built
- Built in 1974
Lot Details
- 5,778 Sq Ft Lot
- End Unit
- Cul-De-Sac
- Corner Lot
- Front and Back Yard Sprinklers
- Private Yard
- Back Yard
- Property is zoned PUD
HOA Fees
- $158 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Woods
- Hills
- Neighborhood
Interior Spaces
- 1,843 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Bay Window
- Garden Windows
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- L-Shaped Dining Room
- Loft
- Wood Flooring
- Attic
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Spa
- Exterior Lighting
- Outdoor Grill
Schools
- University Park Elementary School
- Rancho San Juaquin Middle School
- University High School
Additional Features
- Property is near a park
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 8263
- Assessor Parcel Number 45315209
Community Details
Overview
- Parkside Community Association, Phone Number (800) 369-7260
Amenities
- Picnic Area
Recreation
- Sport Court
- Community Playground
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2018
Closed on
Dec 11, 2018
Sold by
Chan Verdugo Ann
Bought by
Chai Uong and Ng Foong
Seller's Agent
Mehri Borhani
Keller Williams Realty Irvine
Buyer's Agent
Mehri Borhani
Keller Williams Realty Irvine
List Price
$1,025,000
Sold Price
$885,000
Premium/Discount to List
-$140,000
-13.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,548
Avg. Annual Appreciation
10.80%
Original Mortgage
$650,000
Outstanding Balance
$571,509
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,202,039
Purchase Details
Closed on
Oct 15, 2010
Sold by
Chan Verdugo Ann R
Bought by
Chan Verdugo Ann and Ann Chan Verdugo Revocable Trust
Purchase Details
Closed on
Apr 7, 2010
Sold by
Verdugo Robert T
Bought by
Chan Verdugo Ann R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2003
Sold by
Verdugo Robert T and Chan Verdugo Ann
Bought by
Verdugo Robert T and Chan Verdugo Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.85%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 8, 2001
Sold by
Vedugo Robert T and Chan Ann R Wirthlin
Bought by
Verdugo Robert T and Chan Ann R Wirthlin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.14%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 17, 1999
Sold by
George Wade and George Carol
Bought by
Verdugo Robert T and Chan Verdugo Ann R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.77%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 7, 1996
Sold by
George Wade and George Carol R
Bought by
Wade George and Wade Carol
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chai Uong | $885,000 | Old Republic Title Company | |
| Chan Verdugo Ann | -- | None Available | |
| Chan Verdugo Ann R | -- | Usa National Title Co | |
| Verdugo Robert T | -- | Commonwealth Title | |
| Verdugo Robert T | -- | First American Title Ins Co | |
| Verdugo Robert T | $365,000 | First American Title Ins Co | |
| Wade George | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chai Uong | $650,000 | |
| Previous Owner | Chan Verdugo Ann R | $300,000 | |
| Previous Owner | Verdugo Robert T | $367,500 | |
| Previous Owner | Verdugo Robert T | $440,000 | |
| Previous Owner | Verdugo Robert T | $292,000 | |
| Closed | Verdugo Robert T | $36,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2019 01/21/19 | Sold | $885,000 | -6.8% | $480 / Sq Ft |
| 12/06/2018 12/06/18 | Pending | -- | -- | -- |
| 11/13/2018 11/13/18 | Price Changed | $950,000 | -2.6% | $515 / Sq Ft |
| 10/09/2018 10/09/18 | Price Changed | $975,000 | -4.9% | $529 / Sq Ft |
| 09/25/2018 09/25/18 | For Sale | $1,025,000 | +15.8% | $556 / Sq Ft |
| 09/13/2018 09/13/18 | Off Market | $885,000 | -- | -- |
| 08/20/2018 08/20/18 | Price Changed | $1,025,000 | -2.4% | $556 / Sq Ft |
| 08/01/2018 08/01/18 | For Sale | $1,050,000 | -- | $570 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,154 | $987,231 | $793,256 | $193,975 |
| 2024 | $10,154 | $967,874 | $777,702 | $190,172 |
| 2023 | $9,893 | $948,897 | $762,453 | $186,444 |
| 2022 | $9,716 | $930,292 | $747,503 | $182,789 |
| 2021 | $9,500 | $912,051 | $732,846 | $179,205 |
| 2020 | $9,447 | $902,700 | $725,332 | $177,368 |
| 2019 | $5,307 | $502,897 | $337,988 | $164,909 |
| 2018 | $5,212 | $493,037 | $331,361 | $161,676 |
| 2017 | $5,105 | $483,370 | $324,864 | $158,506 |
| 2016 | $4,877 | $473,893 | $318,494 | $155,399 |
| 2015 | $4,804 | $466,775 | $313,710 | $153,065 |
| 2014 | $4,711 | $457,632 | $307,565 | $150,067 |
Source: Public Records
Agents Affiliated with this Home
-
Mehri Borhani
-
Behn Borhani
Seller Co-Listing Agent in 2019
Behn Borhani
Keller Williams Realty Irvine
(949) 551-7000
16 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18187695
APN: 453-152-09
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