Seller's Agent in 2020
Arthur Jeppe
Compass
(949) 373-6235
1 in this area
25 Total Sales
16 Palmento Way Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,310,000 - $1,428,000
3
Beds
2.5
Baths
1,726
Sq Ft
$792/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Heated In Ground Pool
- Property is near a clubhouse
- University Park Elementary Rated A
- No Units Above
- Park or Greenbelt View
About This Home
As of November 2020Year after year, Irvine has been named one of America's safest cities. Adding to that, it was also ranked #6 in Money Magazine’s Best Places to Live and this University Park home is the perfect place to enjoy everything Irvine has to offer. With a gated back yard that opens to a tree-filled greenbelt which provides easy access to the Association’s tennis courts, community swimming pools, spa, clubhouse, BBQ's and picnic areas, this 3 Bed, 2.5 Bath, Single Family Home has it all. The large downstairs living room with a fireplace opens up to the dining room and kitchen as well as views to the entertainer's patio. Upstairs you will find 3 bedrooms, including an ensuite master bedroom complete with a large deck that overlooks the vast greenbelt. The house has been updated with dual pane windows, plantation shutters in all the bedrooms, and recessed lighting throughout. While UCI is just minutes away, you can walk to nearby Blue Ribbon Schools including University Park Elementary, Rancho Middle School, and award-winning University High School. This home also offers an attached oversized 2 car garage with plenty of storage and an additional 2 parking spaces on the driveway. Come see it for yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,798
Year Built
- Built in 1967
Lot Details
- 3,200 Sq Ft Lot
- No Units Located Below
- Two or More Common Walls
- Cul-De-Sac
- Wrought Iron Fence
- Block Wall Fence
- Fence is in good condition
- Rectangular Lot
- Level Lot
- Back and Front Yard
HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Driveway
- Guest Parking
Home Design
- Mediterranean Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Spanish Tile Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,726 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Plantation Shutters
- Drapes & Rods
- French Doors
- Living Room with Fireplace
- Dining Room
- Park or Greenbelt Views
- Attic
Kitchen
- Breakfast Bar
- Convection Oven
- Gas Oven
- Gas Range
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Walk-in Shower
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Fence Around Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Living Room Balcony
- Concrete Porch or Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a clubhouse
- Property is near a park
Schools
- University Park Elementary School
- Rancho San Joaquin Middle School
- University High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts in Garage
- Natural Gas Connected
- Water Heater
- Water Purifier
- Cable TV Available
Listing and Financial Details
- Tax Lot 183
- Tax Tract Number 5788
- Assessor Parcel Number 45304348
Community Details
Overview
- University Community Association, Phone Number (949) 786-8212
- Optimum Professional Community Management Association
- Village I Subdivision
- Foothills
- Property is near a preserve or public land
- Greenbelt
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Community Spa
- Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2020
Closed on
Oct 3, 2020
Sold by
Moroz Michael and Moroz Anna
Bought by
Jetwani Ramchandra and Jetwani Unnati Ramchandra
Seller's Agent
Arthur Jeppe
Compass
Buyer's Agent
Chelsea Sun
Real Broker
List Price
$795,000
Sold Price
$796,500
Premium/Discount to List
$1,500
0.19%
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
$571,348
Avg. Annual Appreciation
12.51%
Original Mortgage
$756,675
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2003
Sold by
Moroz Michael
Bought by
Moroz Michael and Moroz Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.82%
Purchase Details
Closed on
Apr 26, 1999
Sold by
Moroz Anna
Bought by
Moroz Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.98%
Purchase Details
Closed on
Apr 11, 1999
Sold by
Reynolds James J and Reynolds Brendi M
Bought by
Moroz Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.98%
Purchase Details
Closed on
Jul 9, 1998
Sold by
Kay Barry Elaine
Bought by
Reynolds James J and Reynolds Brendi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.93%
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 |
|---|---|---|---|
| Jetwani Ramchandra | $796,500 | Lawyers Title | |
| Moroz Michael | -- | Ticor | |
| Moroz Michael | -- | Orange Coast Title | |
| Moroz Michael | $270,000 | Orange Coast Title | |
| Reynolds James J | $247,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jetwani Ramchandra | $751,350 | |
| Closed | Jetwani Ramchandra | $756,675 | |
| Previous Owner | Moroz Michael | $371,000 | |
| Previous Owner | Moroz Michael | $237,500 | |
| Previous Owner | Moroz Michael | $25,000 | |
| Previous Owner | Moroz Michael | $240,000 | |
| Previous Owner | Moroz Michael | $250,000 | |
| Previous Owner | Moroz Michael | $100,000 | |
| Previous Owner | Moroz Michael | $249,000 | |
| Previous Owner | Moroz Michael | $216,000 | |
| Previous Owner | Reynolds James J | $197,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $796,500 | +0.2% | $461 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $795,000 | -- | $461 / 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 | $8,798 | $862,156 | $745,556 | $116,600 |
| 2024 | $8,798 | $845,251 | $730,937 | $114,314 |
| 2023 | $8,570 | $828,678 | $716,605 | $112,073 |
| 2022 | $8,416 | $812,430 | $702,554 | $109,876 |
| 2021 | $8,299 | $796,500 | $688,778 | $107,722 |
| 2020 | $4,040 | $387,032 | $266,075 | $120,957 |
| 2019 | $3,950 | $379,444 | $260,858 | $118,586 |
| 2018 | $3,876 | $372,004 | $255,743 | $116,261 |
| 2017 | $3,795 | $364,710 | $250,728 | $113,982 |
| 2016 | $3,625 | $357,559 | $245,811 | $111,748 |
| 2015 | $3,623 | $352,189 | $242,119 | $110,070 |
| 2014 | $3,552 | $345,291 | $237,377 | $107,914 |
Source: Public Records
Agents Affiliated with this Home
-
Arthur Jeppe
-
Chelsea Sun
Buyer's Agent in 2020
Chelsea Sun
Real Broker
(949) 923-1520
21 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20185588
APN: 453-043-48
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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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