NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,289,480

2 Beds
2 Baths
1,270 Sq Ft
$987/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,230,000 $969 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,815/month

11 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Quartz Countertops
  • University Park Elementary Rated A
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of May 2024

Welcome to 16 Queens Wreath Way, a spacious home boasting 2 bedrooms and 2 bathrooms, situated in the coveted University Park neighborhood of Irvine. This lovely single-story home underwent a full remodel in 2021. Everything, from the kitchen adorned with Calcutta quartz countertops, designer backsplash, white shaker cabinetry, to stainless steel appliances, has been meticulously upgraded. The bathrooms have been fully remodeled with designer tiles and hardware. Additionally, all-new dual-pane vinyl windows and sliding glass doors, along with recessed lighting in every room, enhance the modern appeal of the home. A modern solid wood and glass entry door welcomes you inside, complemented by designer custom interior paint. The focal point of the living room is a beautifully crafted porcelain-wrapped fireplace with glass flames, adding warmth and elegance. Throughout the entire home, you'll find LVP wide planks and ceramic tiles, creating a cohesive and stylish look. The plumbing has been completely updated with PEX plumbing, and a 40-gallon water heater ensures ample hot water supply. Outside, a large backyard is enclosed by a vinyl fence, offering privacy and space for outdoor enjoyment. The university park offers an abundance of amenities, including acres of green belts, a public library, play areas, multiple pools, picnic areas, sports courts, and a clubhouse. Conveniently located near world class shopping and entertainment and assigned to prestigious schools, including University High School, Rancho San Joaquin Middle School, and University Park Elementary. Minutes from UC Irvine, major freeways, stunning beaches, John Wayne Airport, shopping districts, top-notch medical facilities, diverse dining options, and numerous employment centers. As an added benefit, university park has one of the lowest HOA dues in Irvine and no Mello Roos! Your best life starts here! Don't miss out on this exceptional single-story beauty!

Last Agent to Sell the Property

Nancy Aynehchi

First Team Real Estate Brokerage Phone: 714-496-8852 License #01450929 Listed on: 04/15/2024

First Team Real Estate

Last Buyer's Agent

Nancy Aynehchi

First Team Real Estate Brokerage Phone: 714-496-8852 License #01450929 Listed on: 04/15/2024

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,891

Year Built

  • Built in 1965

Lot Details

  • 3,648 Sq Ft Lot
  • Landscaped
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bidet
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5788
  • Assessor Parcel Number 45304429
  • $128 per year additional tax assessments

Community Details

Overview

  • University Community Assoc Association, Phone Number (949) 786-8212
  • Village I Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,891

Year Built

Built in 1965

Lot Details

0

HOA Fees

$231 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Nancy Aynehchi
  • Other Phone Number: 714-496-8852
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Village I (V1)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45304429
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1270.00 Square Feet
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 968.50
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Bidet, Shower, Exhaust Fan(s), Quartz Counters, Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: University Community Assoc
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 158.00
  • Association #2 Fee: 219.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: University Community Assoc
  • Phone: 949-786-8212
  • Association Phone #2: 949-786-8212
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: University Community Assoc
  • Association Management 2: University Community Assoc

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 3648.00
  • Lot Size Acres: 0.0837

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3648.0000 Square Feet
  • Number Of Units In Community: 104
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.50
  • Tax Lot: 107
  • Tax Tract Number: 5788
  • TaxOtherAnnualAssessmentAmount: 128.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Apr 30, 2024
Sold by
Shahbazi Family Trust and Shahbazi Majid
Bought by
Jain Antim and Jain Chandni
Seller's Agent
Nancy Aynehchi
First Team Real Estate
Buyer's Agent
Nancy Aynehchi
First Team Real Estate
List Price
$1,198,888
Sold Price
$1,230,000
Premium/Discount to List
$31,112
2.6%
Views
52
Current Estimated Value
$1,254,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,120
Avg. Annual Appreciation
1.72%
Original Mortgage
$899,999
Outstanding Balance
$891,298
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$362,822

Purchase Details

Closed on
Sep 13, 2019
Sold by
Mckibben Jeffrey Russell
Bought by
Shahbazi Majid and Ravandi Sepideh

Purchase Details

Closed on
Mar 20, 2012
Sold by
Mckibben Carole Felix
Bought by
The Carole Felix Mckibben Revocable Livi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.83%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jain Antim $1,230,000 Western Resources Title
Shahbazi Majid $580,000 Western Resources Title Co
The Carole Felix Mckibben Revocable Livi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Antim $899,999
Previous Owner Mckibben Carole F $25,000
Previous Owner Mckibben Carole F $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,230,000 +2.6% $969 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $1,198,888 -- $944 / 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
2024 $7,891 $750,540 $659,802 $90,738
2023 $7,688 $735,824 $646,865 $88,959
2022 $7,551 $721,397 $634,182 $87,215
2021 $7,382 $707,252 $621,747 $85,505
2020 $7,340 $700,000 $615,371 $84,629
2019 $2,385 $227,344 $135,543 $91,801
2018 $2,338 $222,887 $132,886 $90,001
2017 $2,288 $218,517 $130,280 $88,237
2016 $2,187 $214,233 $127,726 $86,507
2015 $2,206 $211,016 $125,808 $85,208
2014 $2,163 $206,883 $123,344 $83,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24062303

California Regional Multiple Listing Service (CRMLS)

APN: 453-044-29