Michael Mei
Keller Williams Realty Irvine
(949) 763-5711
167 Total Sales
14 in University Park and Town Center
$9K - $2.4M Price Range
16 Palmento Way Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,384,325 - $1,424,000
3
Beds
2.5
Baths
1,749
Sq Ft
$804/Sq Ft
Est. Value
Highlights
- City Lights View
- Attic
- Balcony
- University Park Elementary Rated A
- Community Pool
- Plantation Shutters
About This Home
As of March 2026Location! Overlooks Large Greenbelt! This beautifully situated 3-bedroom, 2.5-bath single-family home overlooks a lush, tree-lined greenbelt and features a gated backyard with direct access to the Association’s tennis courts, swimming pools, spa, clubhouse, BBQ, and picnic areas. The spacious downstairs living room with a fireplace flows seamlessly into the dining area and kitchen, all opening to an entertainer’s patio with serene greenbelt views. Upstairs offers three bedrooms, including a primary suite with an ensuite bath and a large private deck overlooking the expansive greenbelt. Recent updates include modern vinyl flooring, dual-pane windows, recessed lighting throughout, and plantation shutters in all bedrooms. The home also features an attached oversized 2-car garage with ample storage and two additional driveway parking spaces. Ideally located just minutes from UC Irvine and within walking distance to top-rated schools, including University Park Elementary, Rancho San Joaquin Middle School, and award-winning University High School. The well-maintained community offers resort-style HOA amenities such as pools, parks, tennis courts, and scenic trails. Low tax, low HOA fee, A must-see home in one of Irvine’s most desirable neighborhoods.
Last Agent to Sell the Property
Real Broker Brokerage Phone: 9499231520 License #01929572 Listed on: 01/22/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1967
Lot Details
- 3,200 Sq Ft Lot
- Density is 6-10 Units/Acre
HOA Fees
Parking
- 497 Car Attached Garage
- Parking Available
- Two Garage Doors
Property Views
- City Lights
- Neighborhood
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 1,749 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Plantation Shutters
- Family Room with Fireplace
- Laundry in unit
- Attic
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- All Upper Level Bedrooms
Schools
- University Park Elementary School
- Rancho San Joaquin Middle School
- University High School
Additional Features
- Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 183
- Tax Tract Number 5788
- Assessor Parcel Number 45304348
- $132 per year additional tax assessments
Community Details
Overview
- University Community Association, Phone Number (949) 786-8212
- Optimum Professional Community Management Association
- Village I Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Playground
- Community Pool
- Park
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2026
Closed on
Mar 6, 2026
Sold by
Ramchandra Jetwani and Ramchandra Unnati
Bought by
Seller's Agent
Chelsea Sun
Real Broker
Buyer's Agent
Qing Cao
Real Broker
List Price
$1,380,000
Sold Price
$1,410,000
Premium/Discount to List
$30,000
2.17%
Views
7
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
-$4,558
Avg. Annual Appreciation
-0.69%
Original Mortgage
$846,000
Outstanding Balance
$842,764
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$562,567
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%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in University Park and Town Center, CA
-
Michael Mei
-
John Simcoe
John Simcoe
Keller Williams Realty
(951) 476-2949
179 Total Sales
2 in University Park and Town Center
$1,695,000 Price Range
-
Lucy Liu
Lucy Liu
Responds QuicklyKeller Williams Realty Irvine
(949) 736-5878
29 Total Sales
1 in University Park and Town Center
$818,000 Price
-
Silvana Sarkis
Silvana Sarkis
Responds QuicklyAmerican Classic Realty
(657) 220-8075
39 Total Sales
2 in University Park and Town Center
$885,000 Price Range
-
Parisa Houshangi
Parisa Houshangi
Keller Williams Realty
(949) 415-7611
97 Total Sales
3 in University Park and Town Center
$613K - $821K Price Range
-
Angela Kaufman
Angela Kaufman
CENTURY 21 Affiliated
(949) 806-3853
34 Total Sales
1 in University Park and Town Center
$1,190,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,410,000 | Fidelity National Title | ||
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $846,000 | ||
| Previous Owner | Jetwani Ramchandra | $751,350 | |
| Previous Owner | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | Sold | $1,410,000 | +2.2% | $806 / Sq Ft | |
| 01/28/2026 01/28/26 | For Sale | $1,380,000 | -2.1% | $789 / Sq Ft | |
| 01/27/2026 01/27/26 | Pending | -- | -- | -- | |
| 01/26/2026 01/26/26 | Off Market | $1,410,000 | -- | -- | |
| 01/22/2026 01/22/26 | For Sale | $1,380,000 | +73.3% | $789 / Sq Ft | |
| 11/13/2020 11/13/20 | Sold | $796,500 | +0.2% | $461 / Sq Ft | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,987 | $879,399 | $760,467 | $118,932 |
| 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
-
Chelsea Sun
Seller's Agent in 2026
Chelsea Sun
Real Broker
(949) 923-1520
18 in this area
57 Total Sales
-
Jackie Chen
Seller Co-Listing Agent in 2026
Jackie Chen
Real Broker
(949) 396-3003
12 in this area
43 Total Sales
-
Qing Cao
Buyer's Agent in 2026
Qing Cao
Real Broker
(562) 522-3863
1 in this area
33 Total Sales
-
Arthur Jeppe
Seller's Agent in 2020
Arthur Jeppe
Compass
(949) 373-6235
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26002399
APN: 453-043-48
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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