M
Seller's Agent in 2021
Mehri Borhani
Keller Williams Realty Irvine
(949) 394-7414
13 in this area
31 Total Sales
16 Lemon Tree Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,373,000 - $1,466,000
3
Beds
2
Baths
1,532
Sq Ft
$921/Sq Ft
Est. Value
Highlights
- Spa
- Sport Court
- Cul-De-Sac
- University Park Elementary Rated A
- 2 Car Direct Access Garage
- Garden Windows
About This Home
As of August 2021Welcome to The Terrace Community of University Park. This is the only ALL Single Story Single Family Attached tract in University Park. Your home is a 3 bedroom, 2 bathroom extremely well maintained home with an attached 2 car garage oversized driveway with direct garage access through the laundry room. Your home has been updated with recessed LED lighting and Lutron control dimmers in the living room, pecan engineered hardwood flooring and white plantation shutters throughout, newer water heater, and custom Pella fiberglass dual pane windows and sliding glass doors with upgraded hardware. The seller has thoughtfully provided a gas access in the backyard for a built in grill as well as behind the current electric oven ready for a gas stove option. Your private backyard was tastefully renovated and extended with HOA approval in 2018, with pavers that match front walkway and new planters with drip-irrigation a large gas fire pit, outdoor lighting, and even your very own putting green. Your home is one of the most conveniently located homes in the community, walking distance to the Parkview Shopping Center which includes a brand new Starbucks, grocery store, dry cleaners, nail salon, restaurants, gas station, veterinarian and more. University Park features 47 acres of greenbelts, over 2,000 trees, lighted greenbelt paths, and is within walking distance to University Park Elementary, Rancho San Joaquin Middle school, award winning University Highschool, 2 golf courses, the public library and multiple well maintained parks. Irvine is consistently on the list of safest cities to live in the U.S. Your neighborhood is just blocks from the 405 freeway and a short ride to John Wayne airport and beautiful Southern California beaches.
Last Agent to Sell the Property
Keller Williams Realty Irvine License #01361225 Listed on: 06/26/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Lot Details
- 5,300 Sq Ft Lot
- Cul-De-Sac
- Back Yard
- Land Lease
HOA Fees
- $241 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 1,532 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Blinds
- Garden Windows
- Window Screens
- Family Room
- Living Room with Fireplace
- Laminate Flooring
- Laundry Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Bathtub
- Walk-in Shower
Schools
- University Elementary School
- Rancho San Juaquin Middle School
- University High School
Additional Features
- Spa
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 8002
- Assessor Parcel Number 45317408
Community Details
Overview
- Master Insurance
- Powerstone Association, Phone Number (949) 372-4015
- Terrace Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Sport Court
- Community Playground
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2021
Closed on
Jul 22, 2021
Sold by
Schwab Joshua B and Schwab Suzanne M
Bought by
Shekarforoush Hamid and Shekarforoush Ahmad
Seller's Agent
Mehri Borhani
Keller Williams Realty Irvine
Buyer's Agent
Philip Talbert
Seven Gables Real Estate
List Price
$860,000
Sold Price
$900,000
Premium/Discount to List
$40,000
4.65%
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
$510,988
Avg. Annual Appreciation
10.44%
Original Mortgage
$822,375
Outstanding Balance
$746,178
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$664,810
Purchase Details
Closed on
Aug 9, 2019
Sold by
Schwab Joshua and Schwab Suzanne
Bought by
Schwab Joshua B and Schwab Suzanne M
Purchase Details
Listed on
Oct 21, 2013
Closed on
Jan 7, 2014
Sold by
Delong Karen
Bought by
Schwab Joshua and Schwab Suzanne
Seller's Agent
Barry Marks
Berkshire Hathaway HomeService
Buyer's Agent
Eric Nabors
eXp Realty of Southern California, Inc
List Price
$659,000
Sold Price
$649,000
Premium/Discount to List
-$10,000
-1.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$636,446
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 20, 2009
Sold by
Decker Gene Donnelly
Bought by
Decker Gene D and Gene D Decker Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shekarforoush Hamid | $900,000 | Old Republic Title | |
| Schwab Joshua B | -- | None Available | |
| Schwab Joshua | $649,000 | First American Title Company | |
| Decker Gene D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shekarforoush Hamid | $822,375 | |
| Previous Owner | Schwab Joshua | $636,446 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $900,000 | +4.7% | $587 / Sq Ft | |
| 06/26/2021 06/26/21 | For Sale | $860,000 | +32.5% | $561 / Sq Ft | |
| 01/23/2014 01/23/14 | Sold | $649,000 | -1.5% | $422 / Sq Ft | View Prior Sale |
| 01/01/2014 01/01/14 | Pending | -- | -- | -- | |
| 10/21/2013 10/21/13 | For Sale | $659,000 | -- | $428 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,806 | $955,087 | $833,192 | $121,895 |
| 2024 | $9,806 | $936,360 | $816,855 | $119,505 |
| 2023 | $9,553 | $918,000 | $800,838 | $117,162 |
| 2022 | $9,383 | $900,000 | $785,135 | $114,865 |
| 2021 | $7,661 | $734,995 | $614,607 | $120,388 |
| 2020 | $7,545 | $727,459 | $608,305 | $119,154 |
| 2019 | $7,377 | $713,196 | $596,378 | $116,818 |
| 2018 | $7,246 | $699,212 | $584,684 | $114,528 |
| 2017 | $7,096 | $685,502 | $573,219 | $112,283 |
| 2016 | $6,776 | $672,061 | $561,979 | $110,082 |
| 2015 | $6,673 | $661,967 | $553,538 | $108,429 |
| 2014 | $5,845 | $572,587 | $472,949 | $99,638 |
Source: Public Records
Agents Affiliated with this Home
-
Mehri Borhani
-
Philip Talbert
P
Buyer's Agent in 2021
Philip Talbert
Seven Gables Real Estate
(714) 717-8911
1 in this area
49 Total Sales
-
B
Seller's Agent in 2014
Barry Marks
Berkshire Hathaway HomeService
-
M
Seller Co-Listing Agent in 2014
Marsha Marks
Berkshire Hathaway HomeService
-
Eric Nabors
Buyer's Agent in 2014
Eric Nabors
eXp Realty of Southern California, Inc
(714) 342-4869
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21136042
APN: 453-174-08
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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