Seller's Agent in 2020
Ronald Maddux
Regency Real Estate Brokers
(949) 707-4400
33 Total Sales
16 Cedar Tree Ln Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,804,000 - $2,093,000
3
Beds
2
Baths
1,967
Sq Ft
$978/Sq Ft
Est. Value
Highlights
- Filtered Pool
- Primary Bedroom Suite
- Updated Kitchen
- University Park Elementary Rated A
- View of Trees or Woods
- 0.18 Acre Lot
About This Home
As of December 2020Single story pool home on a huge premium interior lot. Walk through the gated entry into a garden courtyard full of mature fruit trees, roses, and even a banana tree. Pass through the leaded glass front to a fully remodeled gourmet kitchen featuring custom wood cabinets, granite countertops; backsplash; Stainless Viking gas stove and oven, recessed lighting; and a wrap around counter top. Large, formal living room with beamed ceiling and plenty of lights. Spacious dining room with vaulted ceilings and access to a small courtyard. Two decent sized secondary bedrooms with direct access to teh backyard and a luxurious master suite with dual closets and a sliding glass door that leads directly to your personal backyard oasis. At the center of the oversized backyard is newer pool and spa with custom stone work, seating for everyone, built-in BBQ and bar, plenty of privacy and room to entertain. Come see this hidden gem in the heart of Irvine. Centrally located next to restaurants, entertainment and shopping. Award winning schools (University High School) and minutes away from UCI.
Last Agent to Sell the Property
Regency Real Estate Brokers License #01438203 Listed on: 11/14/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1969
Lot Details
- 7,830 Sq Ft Lot
- Cul-De-Sac
- Level Lot
- Drip System Landscaping
- Front and Back Yard Sprinklers
- Garden
- Density is up to 1 Unit/Acre
HOA Fees
- $264 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- Woods
- Pool
Home Design
- Traditional Architecture
- Turnkey
- Slab Foundation
- Stucco
Interior Spaces
- 1,967 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Tile Flooring
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Cooktop
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
Pool
- Filtered Pool
- Solar Heated In Ground Pool
- Gunite Pool
- Spa
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Schools
- University Park Elementary School
- University High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 6522
- Assessor Parcel Number 45310312
Community Details
Overview
- Village Park Association, Phone Number (949) 786-8722
- Park I Subdivision
Amenities
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2020
Closed on
Nov 23, 2020
Sold by
Andric Lisa and Lisa Andric Separate Trust
Bought by
Ozcan Erkan and Ozcan Farahnaz
Seller's Agent
Ronald Maddux
Regency Real Estate Brokers
Buyer's Agent
Mehri Borhani
Keller Williams Realty Irvine
List Price
$1,149,000
Sold Price
$1,220,000
Premium/Discount to List
$71,000
6.18%
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
$703,336
Avg. Annual Appreciation
9.34%
Original Mortgage
$765,600
Outstanding Balance
$680,041
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,243,295
Purchase Details
Closed on
Mar 21, 2001
Sold by
Hadley Thomas Michael and Hadley Mary Ellen
Bought by
Andric Lisa and The Lisa Andric Separate Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.98%
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 |
|---|---|---|---|
| Ozcan Erkan | $1,220,000 | Orange Coast Ttl Co Of Socal | |
| Andric Lisa | $470,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ozcan Erkan | $765,600 | |
| Previous Owner | Andric Lisa | $370,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $1,220,000 | +6.2% | $620 / Sq Ft |
| 11/14/2020 11/14/20 | For Sale | $1,149,000 | -- | $584 / 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 | $13,540 | $1,320,566 | $1,130,254 | $190,312 |
| 2024 | $13,540 | $1,294,673 | $1,108,092 | $186,581 |
| 2023 | $13,192 | $1,269,288 | $1,086,365 | $182,923 |
| 2022 | $12,956 | $1,244,400 | $1,065,063 | $179,337 |
| 2021 | $12,668 | $1,220,000 | $1,044,179 | $175,821 |
| 2020 | $7,307 | $701,690 | $509,427 | $192,263 |
| 2019 | $7,144 | $687,932 | $499,438 | $188,494 |
| 2018 | $7,017 | $674,444 | $489,645 | $184,799 |
| 2017 | $6,871 | $661,220 | $480,044 | $181,176 |
| 2016 | $6,562 | $648,255 | $470,631 | $177,624 |
| 2015 | $6,021 | $589,269 | $463,562 | $125,707 |
| 2014 | $5,904 | $577,727 | $454,482 | $123,245 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Maddux
-
Mehri Borhani
M
Buyer's Agent in 2020
Mehri Borhani
Keller Williams Realty Irvine
(949) 394-7414
13 in this area
31 Total Sales
-
Behn Borhani
Buyer Co-Listing Agent in 2020
Behn Borhani
Keller Williams Realty Irvine
(949) 551-7000
14 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20239375
APN: 453-103-12
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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