NOT LISTED FOR SALE

Estimated Value: $3,276,000 - $3,826,000

5 Beds
5.5 Baths
4,092 Sq Ft
$866/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $2,200,000 $538 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $22,023/month

79 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • Wood Flooring
  • Beacon Park Rated A
  • Property is near a park
  • 4-minute walk to Pavilion Park

About This Home

As of May 2021

Clean interior finishes that give a nod to minimalist design, and upgraded technology including an owned solar system & 220v electric car charging, combine to create a home that is functional and stylish. Beautifully grained cabinets and an inverted ceiling create a statement entry, with brilliant white tiling that continues throughout the living areas of this 4,092 sq.ft., home with 5 ensuite bedrooms, 5.5 baths. A wall of glass doors w/remote-controlled window coverings deliver sunlight into the living room, emphasizing an entertainment wall with textured tile. Upgraded Monogram appliances in the kitchen with a 6-burner stove w/griddle & double ovens, wine cooler, with a custom wine cabinet in the butler’s pantry. The quartz-topped island with bar seating is an appealing place to entertain or savor everyday moments. Built-in cabinets create stylish focal points in the dining room and in the relaxed upstairs lounge area. An etched glass door in the primary master leads to the ensuite bath w/marble tiled rain shower, dual shower heads, soaking tub & bidet. Additional bathrooms, including the ensuite for the junior master bedroom, offer quartz slab showers. A covered seating area in the backyard w/ceiling heaters & fans, gives a sheltered place to unwind, and the outdoor kitchen includes a refrigerator & Wolf BBQ. Extensive flagstone tiling brings a warm touch with low maintenance. Built-in garage cabinets, whole-house dimmable LEDs & 2 tankless WH are additional upgrades.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 01/29/2021

Pacific Sotheby's Int'l Realty

Co-Listed By

Blake Finnila

Pacific Sotheby's Int'l Realty License #02010062

Last Buyer's Agent

Cesi Pagano

Keller Williams Realty License #01043716

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,893

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 6,200 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,092 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Views of Hills
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Meadow Park Elementary School
  • Lakeside Middle School
  • Irvine High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 26-3
  • Tax Tract Number 52426
  • Assessor Parcel Number 58036219

Community Details

Overview

  • Great Park Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Melrose Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,893

Year Built

Built in 2014 | Remodeled

Lot Details

0

HOA Fees

$215 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: MELROSE (PPMEL)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58036219
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4092.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 537.63
  • Room Type: Laundry, Main Floor Bedroom, Master Suite, Two Masters
  • Bathroom Features: Bathtub, Bidet, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Stone
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Association Name: Great Park
  • Phone: 800.428.5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Gutters, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Irvine Unified
  • Elementary School: Meadow Park
  • Middle School: Lakeside
  • High School: Irvine
  • Elementary School: Meadow Park
  • High School: Irvine
  • Middle Or Junior School: Lakeside
  • Elementary School #2: MEAPAR
  • High School2: IRVINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1423

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 26-3
  • Tax Tract Number: 052426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 23, 2021
Sold by
Chen Living Trust and Chen Rachel
Bought by
Adam And Marina Shaywitz Revocable Trust and Shaywitz
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Cesi Pagano
Keller Williams Realty
List Price
$2,289,000
Sold Price
$2,200,000
Premium/Discount to List
-$89,000
-3.89%
Current Estimated Value
$3,545,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,345,679
Avg. Annual Appreciation
11.43%
Original Mortgage
$1,500,000
Outstanding Balance
$1,356,481
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,189,198

Purchase Details

Closed on
May 28, 2019
Sold by
Chen Hamilton and Chen Fu Mei
Bought by
Chen Hamilton and Chen Rachel

Purchase Details

Closed on
Mar 17, 2017
Sold by
Chen Hamilton and Chen Ranchel
Bought by
Chen Hamilton and Chen Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2017
Sold by
Chen Hamilton and Chen Fu Mei
Bought by
Chen Hamilton and Chen Fu Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Ryland Homes Of California Inc
Bought by
Chen Hamilton and Chen Fu Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,150
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Adam And Marina Shaywitz Revocable Trust $2,200,000 Ticor Title
Chen Hamilton -- None Available
Chen Hamilton -- First American Title Company
Chen Hamilton -- None Available
Chen Hamilton $1,715,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam And Marina Shaywitz Revocable Trust $1,500,000
Previous Owner Chen Hamilton $600,000
Previous Owner Chen Hamilton $1,029,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $2,200,000 -3.9% $538 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,289,000 -- $559 / 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 $35,893 $2,381,350 $1,370,797 $1,010,553
2024 $35,893 $2,334,657 $1,343,918 $990,739
2023 $35,109 $2,288,880 $1,317,567 $971,313
2022 $34,421 $2,244,000 $1,291,732 $952,268
2021 $30,785 $1,923,985 $1,012,603 $911,382
2020 $30,533 $1,904,257 $1,002,220 $902,037
2019 $30,039 $1,866,919 $982,569 $884,350
2018 $29,448 $1,830,313 $963,303 $867,010
2017 $28,939 $1,794,425 $944,415 $850,010
2016 $28,373 $1,759,241 $925,897 $833,344
2015 $27,704 $1,713,313 $911,989 $801,324
2014 $16,698 $661,075 $661,075 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21013584

California Regional Multiple Listing Service (CRMLS)

APN: 580-362-19