NOT LISTED FOR SALE

Estimated Value: $1,342,000 - $1,622,000

3 Beds
2 Baths
1,398 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $725,000 $519 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,487/month

76 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Wood Flooring
  • University Park Elementary Rated A
  • Traditional Architecture
  • Corner Lot

About This Home

As of October 2016

PRICE INHANCEMENT !!! Turn Key!!! Nested in desirable University Park this exquisitely remodeled single story home awaits you. In its current configuration of 3 Bedrooms and 2 baths the living space spans over 1,398 sq.ft. and on lot size of 5,963 sq.ft..
This home offers a large living room with fireplace, formal dining room and completely remodeled kitchen with custom cabinets, stainless steel appliances, granite kitchen counter tops.
Interior upgrades include hardwood floors, crown & base moldings, remodeled bathrooms, a walk-in closet, LED lighting, new forced air heating and air conditioning unit, stainless steel appliances and much more.
Exterior improvements include a newly installed block wall to enclose private rear yard. The side patio offers adequate space for BBQ. The attached end-unit is located on a quiet street with ample driveway parking and two car attached garage with adequate storage and laundry hook-up.
Cemented pathways leads you to lushly landscaped community grounds and the nearby community pool and spa. Children’s playgrounds are found along the community’s peaceful greenbelt. The world-class school district includes University High.

Last Agent to Sell the Property

Haig Barsamian

BARSAM & ASSOCIATES, INC. License #01012187 Listed on: 06/27/2016

Co-Listed By

LINDA BARSAMIAN

BARSAM & ASSOCIATES, INC. License #01126569

Last Buyer's Agent

Kate Moon

Coldwell Banker Realty License #01908290

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,581

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 5,953 Sq Ft Lot
  • Masonry wall
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn
  • Garden

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Double Pane Windows
  • Plantation Shutters
  • Window Screens
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Spa
  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 176
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317352

Community Details

Overview

  • Greenbelt

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,581

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 9494850173
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317352
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1398.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 518.60
  • Room Type: Living Room, Master Suite
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Masonry, Excellent Condition
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Greenbelt, Lawn, Landscaped, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 5953.00
  • Price Per Lot Square Foot: 121.60

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 176
  • Tax Tract Number: 8002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 11, 2016
Sold by
Karakashian Armen and Karakashian Margaret
Bought by
Vasquez Hector and Pezeshkpour Ali
Seller's Agent
Haig Barsamian
BARSAM & ASSOCIATES, INC.
Buyer's Agent
Kate Moon
Coldwell Banker Realty
List Price
$739,950
Sold Price
$725,000
Premium/Discount to List
-$14,950
-2.02%
Current Estimated Value
$1,432,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,573
Avg. Annual Appreciation
7.85%
Original Mortgage
$580,000
Outstanding Balance
$464,979
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$967,594

Purchase Details

Closed on
Aug 29, 2013
Sold by
Rhee Frank C
Bought by
Karakashian Armen and Karakashian Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2010
Sold by
Rhee Eunhwa
Bought by
Rhee Frank C

Purchase Details

Closed on
Aug 26, 2009
Sold by
Rhee Eun Hwa
Bought by
Rhee Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Rhee Eun Hwa
Bought by
Rhee Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Browne Brenee
Bought by
Rhee Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Ramirez Lois
Bought by
Browne Brenee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,200
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Vasquez Hector $725,000 Fidelity National Title Co
Karakashian Armen $623,000 Fidelity National Title Co
Rhee Frank C -- Lawyers Title
Rhee Frank -- California Counties Title Co
Rhee Frank -- First American Title Co
Rhee Frank $655,500 First American Title Co
Browne Brenee $514,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Hector $580,000
Previous Owner Karakashian Armen $498,400
Previous Owner Rhee Frank $371,000
Previous Owner Rhee Frank $417,000
Previous Owner Browne Brenee $411,200
Closed Browne Brenee $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2016 10/17/16 Sold $725,000 +0.2% $519 / Sq Ft
08/29/2016 08/29/16 Price Changed $723,888 -2.2% $518 / Sq Ft
06/27/2016 06/27/16 For Sale $739,950 +18.8% $529 / Sq Ft
01/10/2014 01/10/14 Sold $623,000 -2.5% $445 / Sq Ft View Prior Sale
12/14/2013 12/14/13 For Sale $639,000 +2.6% $457 / Sq Ft
12/12/2013 12/12/13 Off Market $623,000 -- --
12/11/2013 12/11/13 Pending -- -- --
10/14/2013 10/14/13 Price Changed $639,000 -0.9% $457 / Sq Ft
09/25/2013 09/25/13 For Sale $645,000 -- $461 / 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 $8,581 $841,420 $733,296 $108,124
2024 $8,581 $824,922 $718,918 $106,004
2023 $8,359 $808,748 $704,822 $103,926
2022 $8,208 $792,891 $691,002 $101,889
2021 $8,024 $777,345 $677,453 $99,892
2020 $7,978 $769,375 $670,507 $98,868
2019 $7,800 $754,290 $657,360 $96,930
2018 $7,662 $739,500 $644,470 $95,030
2017 $7,503 $725,000 $631,833 $93,167
2016 $6,576 $645,137 $544,961 $100,176
2015 $6,477 $635,447 $536,775 $98,672
2014 $6,351 $623,000 $514,103 $108,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16138808

California Regional Multiple Listing Service (CRMLS)

APN: 453-173-52