NOT LISTED FOR SALE

16 Van Buren Unit 303 Irvine, CA 92620

Northwood Neighborhood

Estimated Value: $736,586 - $778,000

2 Beds
2 Baths
1,016 Sq Ft
$293/mo HOA Fee

Last Sold September 27, 2018

Last sale price $467,500 $460 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,727/month

66 Days on Market

Highlights

  • Spa
  • No Units Above
  • Cape Cod Architecture
  • Northwood Elementary School Rated A
  • Two Primary Bedrooms
  • 1-minute walk to Orchard Park

About This Home

As of September 2018

A beautiful 2 bedroom 2 bath condo in Northwood featuring a premier location with park views, vaulted ceilings, dual master bedrooms, two full baths and a garage listed for under $480,000 in Irvine!!! This is a wonderful home with low upkeep costs and some of the lowest HOA fees; yet comes with all the wonderful benefits Irvine has to offer including the award winning K-12 schools, UCI, nearby shopping and close accessibility to major freeways, toll roads, parks and beaches. Some of the upgrades and conveniences this home offers are ceiling fans in all of the rooms, scraped ceilings, mirrored sliding closet doors, low-flow toilets with dual-flush in the master, central air conditioning, washer/dryer hookups inside the home, wood toned resilient flooring in the master bathroom, walk-in closet, entry way and kitchen. Additionally, many of the appliances have been recently replaced including the: water heater, built in microwave, dishwasher and air conditioning condenser. This home is part of the Northwood Horizon HOA which is adjacent to Orchard Park and the nearby Jeffrey Trail. This neighborhood features cape cod styling, two community pools and spas, security patrols, and common area maintenance which includes trash removal, exterior maintenance (including the roof which was just replaced), landscaping and pest control.

Last Agent to Sell the Property

Matthew Hilliard

Michael Pazzulla, Broker License #01958145 Listed on: 06/19/2018

Co-Listed By

Kristoffer Campos

Navigate Real Estate, Inc. License #01967219

Last Buyer's Agent

Vien Nguyen

License #01281015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1986

Lot Details

  • No Units Above
  • End Unit
  • Two or More Common Walls
  • South Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 1,016 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family or Dining Combination
  • Carpet
  • Park or Greenbelt Views

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Northwood Elementary School
  • Sierra Vista Middle School
  • Irvine High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 12415
  • Assessor Parcel Number 93202501

Community Details

Overview

  • 348 Units
  • Horizon Association, Phone Number (626) 967-7921

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,524

Year Built

Built in 1986

Lot Details

0

HOA Fees

$293 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Horizon (HR)
  • View: Yes
  • Zoning: CONDO
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93202501
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1016.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, High Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: In Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 460.14
  • Room Type: Family Room, Two Masters, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Privacy Toilet Door

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Rain Gutters
  • View: Park/Greenbelt
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Disposal, High Efficiency Water Heater, Microwave, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Trash, Dues Paid Monthly, Security
  • Association Fee: 293.00
  • Association Fee Frequency: Monthly
  • Association Name: Horizon
  • Phone: 6269677921
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • Elementary School: Northwood
  • High School: Irvine
  • Middle Or Junior School: Sierra Vista
  • Elementary School #2: NORTHW
  • High School2: IRVINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 348
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.18
  • Tax Lot: 15
  • Tax Tract Number: 12415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 30, 2018
Sold by
Hilliard Matthew
Bought by
Thompson Kung and Vannes Tang
Seller's Agent
Matthew Hilliard
Michael Pazzulla, Broker
Buyer's Agent
Vien Nguyen
List Price
$488,688
Sold Price
$467,500
Premium/Discount to List
-$21,188
-4.34%
Current Estimated Value
$759,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,647
Avg. Annual Appreciation
7.08%
Original Mortgage
$420,500
Outstanding Balance
$365,946
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$393,201

Purchase Details

Closed on
Apr 15, 2010
Sold by
Baum Maureen S
Bought by
Hilliard Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,891
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2005
Sold by
Baum Maureen S
Bought by
Baum Maureen S and Baum Malitz Trust

Purchase Details

Closed on
Mar 16, 2004
Sold by
Narksuwan Johnny and Narksuwan Ann A
Bought by
James Jene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Baum Maureen S
Bought by
Baum Maureen S and The Baum Malitz Trust

Purchase Details

Closed on
Mar 5, 2003
Sold by
Malitz Isaac
Bought by
Baum Maureen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
4.63%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Ring Christopher and Ring Jennifer
Bought by
Baum Maureen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
4.63%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Rebecca Bucy
Bought by
Ring Christopher and Ring Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,225
Interest Rate
6.79%

Purchase Details

Closed on
Dec 23, 1994
Sold by
Frank Robert J and Frank Joanne M
Bought by
Bucy Rebecca Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,850
Interest Rate
9.2%
Mortgage Type
FHA
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
Thompson Kung $467,500 Wfg National Title Co
Hilliard Matthew $337,000 First American Title Company
Baum Maureen S -- --
Baum Maureen S -- --
Baum Maureen S -- --
James Jene $280,000 Ticor Title Company
Baum Maureen S -- --
Baum Maureen S -- Equity Title Company
Baum Maureen S $269,500 Equity Title Company
Ring Christopher $145,500 Commonwealth Land Title
Bucy Rebecca Lynne $137,500 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kung $420,500
Previous Owner Hilliard Matthew $330,891
Previous Owner James Jene $222,400
Previous Owner Baum Maureen S $215,600
Previous Owner Ring Christopher $138,225
Previous Owner Bucy Rebecca Lynne $132,850
Closed James Jene $41,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $467,500 -1.4% $460 / Sq Ft
08/26/2018 08/26/18 Price Changed $473,999 -0.8% $467 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $477,999 -0.4% $470 / Sq Ft
07/28/2018 07/28/18 Price Changed $479,999 -1.8% $472 / Sq Ft
07/16/2018 07/16/18 For Sale $488,688 0.0% $481 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $488,688 -- $481 / 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 $5,524 $521,503 $435,796 $85,707
2024 $5,524 $511,278 $427,251 $84,027
2023 $5,381 $501,253 $418,873 $82,380
2022 $5,275 $491,425 $410,660 $80,765
2021 $5,152 $481,790 $402,608 $79,182
2020 $5,123 $476,850 $398,479 $78,371
2019 $5,008 $467,500 $390,665 $76,835
2018 $4,182 $382,310 $299,569 $82,741
2017 $4,097 $374,814 $293,695 $81,119
2016 $3,919 $367,465 $287,936 $79,529
2015 $3,862 $361,946 $283,611 $78,335
2014 $3,788 $354,856 $278,055 $76,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18145956

California Regional Multiple Listing Service (CRMLS)

APN: 932-025-01