NOT LISTED FOR SALE

16 Monument Place Irvine, CA 92602

Lower Peters Canyon Neighborhood

Estimated Value: $1,891,553 - $2,274,000

4 Beds
3 Baths
2,530 Sq Ft
$839/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $885,000 $350 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $12,127/month

18 Days on Market

Highlights

  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • No HOA
  • Myford Elementary School Rated A
  • Private Yard
  • Covered Patio or Porch

About This Home

As of May 2014

Serenity abounds on this beautiful single family home situated in West Irvine. Home opens up to large living room and dining area. Double door entry into Hugh Master Suite with walk-in closet. This floor plan allows for a 5th bedroom downstairs, if so desired. A large Family Room with built in Media Niche & Fireplace. All closets including the garage have built in organizers. Backyard abundant with large grass areas, fruit tree, cactus garden and gorgeously landscaped with water fountain. No HOA! Top rated schools including Myford Elementary and Beckman High. Only minutes away from The Market Place, Tustin Ranch Golf Course, Irvine Regional Park and many others... Don't miss out on this great home!

Last Agent to Sell the Property

Richard Wong

HomeSmart, Evergreen Realty License #01217584 Listed on: 04/03/2014

HomeSmart, Evergreen Realty

Last Buyer's Agent

Lynn Wong

Coldwell Banker Platinum Prop License #01452331

Coldwell Banker Platinum Prop

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 4,752 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 15432
  • Assessor Parcel Number 53039332

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 53039332
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2530.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 349.80
  • Room Type: All Bedrooms Up, Dressing Area, Entry, Family Room, Living Room, Master Suite, Walk-In Closet, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 4752.00
  • Lot Size Acres: 0.1090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4752.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 42
  • Tax Tract Number: 15432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 30, 2014
Sold by
Chang Connie and Dong Jennifer I H
Bought by
Wang Ruipeng and Zheng Nanfang
Seller's Agent
Richard Wong
HomeSmart, Evergreen Realty
Buyer's Agent
Lynn Wong
Coldwell Banker Platinum Prop
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Current Estimated Value
$2,122,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,138
Avg. Annual Appreciation
7.82%
Original Mortgage
$619,500
Outstanding Balance
$189,381
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,932,757

Purchase Details

Closed on
Jan 10, 2012
Sold by
Chang Connie and Chang Jennifer I H
Bought by
Chang Connie and Dong Jennifer I H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2009
Sold by
Dong Weichao
Bought by
Chang Jennifer I H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Chang Connie and Chang Jennifer I H
Bought by
Chang Connie and Chang Jennifer I H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Chang Edward
Bought by
Chang Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2003
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,400
Interest Rate
5.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 2003
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2003
Sold by
Kerr Bentley Theodore and Kerr Mercedes
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Purchase Details

Closed on
Nov 21, 2002
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,100
Interest Rate
5.83%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 28, 2002
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,600
Interest Rate
6.43%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,600
Interest Rate
6.43%

Purchase Details

Closed on
Dec 27, 2001
Sold by
Kerr Bentley Theodore and Kerr Mercedes Teresita
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.73%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Kerr Bentley and Kerr Mercedes
Bought by
Kerr Bentley Theodore and Kerr Mercedes Teresita
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
Wang Ruipeng $885,000 First American Title Co
Chang Connie -- Servicelink Fnf C
Chang Jennifer I H -- Old Republic Title Company
Chang Connie -- Old Republic Title Company
Chang Connie -- Old Republic Title Company
Chang Connie $830,000 Old Republic Title Company
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- Chicago Title Co
Kerr Bentley Theodore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ruipeng $619,500
Previous Owner Chang Connie $200,000
Previous Owner Chang Connie $417,000
Previous Owner Chang Connie $500,000
Previous Owner Kerr Bentley Theodore $276,400
Previous Owner Kerr Bentley Theodore $278,000
Previous Owner Kerr Bentley Theodore $279,100
Previous Owner Kerr Bentley Theodore $276,600
Previous Owner Kerr Bentley Theodore $278,000
Closed Kerr Bentley Theodore $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $885,000 -1.6% $350 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $899,000 -- $355 / 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 $12,488 $1,084,884 $779,203 $305,681
2024 $12,488 $1,063,612 $763,924 $299,688
2023 $12,280 $1,042,757 $748,945 $293,812
2022 $12,047 $1,022,311 $734,260 $288,051
2021 $11,766 $1,002,266 $719,863 $282,403
2020 $11,798 $991,989 $712,481 $279,508
2019 $11,550 $972,539 $698,511 $274,028
2018 $11,302 $953,470 $684,815 $268,655
2017 $11,021 $934,775 $671,387 $263,388
2016 $10,819 $916,447 $658,223 $258,224
2015 $10,735 $902,682 $648,336 $254,346
2014 $10,160 $846,000 $615,478 $230,522
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Wong

    HomeSmart, Evergreen Realty

    (949) 753-7888

    2 Total Sales

    Richard Wong
    Section Image
  • Lynn Wong

    Buyer's Agent in 2014

    Lynn Wong

    Coldwell Banker Platinum Prop

    (714) 414-8809

    11 in this area

    53 Total Sales

    Lynn Wong
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14068652

California Regional Multiple Listing Service (CRMLS)

APN: 530-393-32

California Orange County Irvine 92602 Lower Peters Canyon

16 Monument Place, Irvine, CA

Not Listed for Sale

Detached

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