2
Beds
2
Baths
1,224
Sq Ft
8,722
Sq Ft Lot
Highlights
- In Ground Pool
- No Units Above
- Clubhouse
- University Park Elementary Rated A
- 0.2 Acre Lot
- Wood Flooring
About This Home
As of January 2025Welcome to a Rare Gem in The Terrace Neighborhood!
On the market for the first time in 50 years, this charming 2-bedroom, 2-bathroom home boasts one of the largest lots in the community, spanning over 8,700 sqft. Nestled on a premium corner lot, the home enjoys abundant natural light, highlighting the spacious vaulted ceilings and creating an airy, inviting ambiance throughout. The wrap-around yard, enhanced by the adjacent open space, gives a sense of privacy and expansiveness.
Prime Location: Ideally situated near parks, top-rated schools, shopping centers, dining, and major freeways, making everyday conveniences and commuting easy and efficient.
Community Amenities: Enjoy access to well-maintained pools, spas, playgrounds, parks, BBQ areas, recreation rooms, and serene walking paths within the community, offering an array of lifestyle perks right at your doorstep.
This property also allows the possibility of converting the garage to an ADU, making a great option for extended family or extra income.
Don’t miss this rare opportunity to own a piece of The Terrace!
Last Agent to Sell the Property
Real Broker Brokerage Phone: 562-308-0458 License #01909037 Listed on: 11/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,149
Year Built
- Built in 1974
Lot Details
- 8,722 Sq Ft Lot
- End Unit
- No Units Located Below
- 1 Common Wall
- Fenced
- Corner Lot
- Private Yard
- Lawn
- Garden
- Front Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $274 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Planned Development
Interior Spaces
- 1,224 Sq Ft Home
- 1-Story Property
- Dry Bar
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
- Attic
Kitchen
- Open to Family Room
- Electric Oven
- Microwave
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Open Patio
- Exterior Lighting
- Wrap Around Porch
Schools
- University Park Elementary School
- Rancho San Joaquin Middle School
- University High School
Additional Features
- Accessible Parking
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 128
- Tax Tract Number 8261
- Assessor Parcel Number 45316344
- $128 per year additional tax assessments
Community Details
Overview
- Terrace Association, Phone Number (949) 716-3998
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Clubhouse
- Recreation Room
Recreation
- Community Playground
- Community Pool
- Community Spa
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2025
Closed on
Dec 20, 2024
Sold by
Patricia Anne Smith Living and Belnap Stacy Loraine
Bought by
Lee Jason and Cheng Siwen
Seller's Agent
Laura Liu
Real Broker
Buyer's Agent
Laura Liu
Real Broker
Sold Price
$4,500
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$600,000
Outstanding Balance
$593,832
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$731,586
Purchase Details
Closed on
Jul 12, 2017
Sold by
Smith Patricia Anne
Bought by
Smith Patricia Anne and Belnap Stacy Loraine
Similar Homes in Irvine, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,325,000 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $4,600 | Unknown | |
| Previous Owner | $99,000 | Credit Line Revolving | |
| Previous Owner | $73,000 | Credit Line Revolving | |
| Previous Owner | $63,000 | Credit Line Revolving | |
| Previous Owner | $48,000 | Credit Line Revolving | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $8,300 | Credit Line Revolving | |
| Closed | $0 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Rent | $4,500 | 0.0% | -- |
| 01/08/2025 01/08/25 | Sold | $1,325,000 | -1.7% | $1,083 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $1,348,000 | 0.0% | $1,101 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $1,348,000 | -- | $1,101 / 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 |
|---|---|---|---|---|
| 2024 | $1,149 | $105,417 | $47,066 | $58,351 |
| 2023 | $1,118 | $103,350 | $46,143 | $57,207 |
| 2022 | $1,096 | $101,324 | $45,238 | $56,086 |
| 2021 | $1,070 | $99,338 | $44,351 | $54,987 |
| 2020 | $1,062 | $98,320 | $43,896 | $54,424 |
| 2019 | $1,038 | $96,393 | $43,036 | $53,357 |
| 2018 | $1,014 | $94,503 | $42,192 | $52,311 |
| 2017 | $991 | $92,650 | $41,364 | $51,286 |
| 2016 | $948 | $90,834 | $40,553 | $50,281 |
| 2015 | $947 | $89,470 | $39,944 | $49,526 |
| 2014 | $984 | $87,718 | $39,162 | $48,556 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Liu
L
Seller's Agent in 2025
Laura Liu
Real Broker
(949) 294-2298
2 in this area
11 Total Sales
-
Dusty Mulhearn
Seller's Agent in 2025
Dusty Mulhearn
Real Broker
(949) 500-6274
1 in this area
33 Total Sales
-
Jim Watson
Seller Co-Listing Agent in 2025
Jim Watson
Real Broker
(714) 342-4040
106 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24231679
APN: 453-163-44
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
Nearby Homes
- 5111 Alder
- 5102 Alder
- 17322 Rosewood
- 8 Dogwood S
- 135 Willowbend
- 14 Featherwood
- 4 Camphor S
- 129 Greenmoor
- 36 Greenmoor Unit 18
- 80 Greenmoor Unit 40
- 492 E Yale Loop Unit 9
- 5022 Tamarack Way
- 226 Greenmoor Unit 95
- 17692 Cassia Tree Ln
- 25 Almond Tree Ln
- 72 Coral Lake Unit 38
- 14 Willow Tree Ln
- 77 Fallingstar
- 44 Clearbrook Unit 57
- 108 Sequoia Tree Ln