18 Vernal Spring Irvine, CA 92603
Shady Canyon NeighborhoodEstimated Value: $5,336,000 - $7,101,565
4
Beds
4.5
Baths
4,960
Sq Ft
$1,329/Sq Ft
Est. Value
Highlights
- Wine Cellar
- 24-Hour Security
- Open Floorplan
- Bonita Canyon Elementary Rated 9+
- Infinity Pool
- Fireplace in Primary Bedroom
About This Home
As of April 2017Experience unmatched luxury, and sophistication within this progressive Shady Canyon residence. Tastefully designed interiors blend contemporary with traditional and transition seamlessly with the modern elements of the private entry courtyard. The amenities-rich rear yard includes the negative-edge pool and spa, built-in BBQ with bar, fire pit, two separate patios and an outdoor TV area. The eminently livable floor plan offers a desirable ground floor master bedroom with spa-like bath. Expansive great room with soaring ceilings, and exposed truss beams, library, three additional bedrooms (two of which are on the main floor) and a large bonus room/gym on the second level (possible fifth bedroom). Especially noteworthy, the home includes a whole-house Savant smart home system which allows complete remote control of lighting, sound and security from virtually anywhere in the world, solar panels and drought-conscious turf in the courtyards. This home offers s a 3-car finished garage, and is in close proximity to the Shady Canyon clubhouse, offering swim, tennis and playground facilities.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 02/01/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,748
Year Built
- Built in 2004
Lot Details
- 0.31 Acre Lot
- Fenced
- Fence is in good condition
- Sprinkler System
HOA Fees
- $792 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Spanish Architecture
- Turnkey
- Spanish Tile Roof
- Stucco
Interior Spaces
- 4,960 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- High Ceiling
- French Doors
- Wine Cellar
- Family Room with Fireplace
- Dining Room
- Library with Fireplace
- Bonus Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Six Burner Stove
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- Separate Shower
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Infinity Pool
- Spa
Outdoor Features
- Deck
- Patio
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Schools
- Bonita Canyon Elementary School
- Rancho San Joaquin Middle School
- University High School
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 60
- Tax Tract Number 16267
- Assessor Parcel Number 46407111
Community Details
Overview
- Shady Canyon Association, Phone Number (949) 823-0015
- Sycamore
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Community Spa
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2017
Closed on
Apr 24, 2017
Sold by
Chen Yihong
Bought by
Chen Yihong and Yihong Chen Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lisa Zhou
Legacy Capital Investment Group
List Price
$3,575,000
Sold Price
$3,230,000
Premium/Discount to List
-$345,000
-9.65%
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,362,891
Avg. Annual Appreciation
9.18%
Original Mortgage
$1,776,500
Outstanding Balance
$1,493,799
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,089,064
Purchase Details
Listed on
Feb 1, 2017
Closed on
Mar 23, 2017
Sold by
Wang Liyong
Bought by
Chen Yihong
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lisa Zhou
Legacy Capital Investment Group
List Price
$3,575,000
Sold Price
$3,230,000
Premium/Discount to List
-$345,000
-9.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,776,500
Outstanding Balance
$1,493,799
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,089,064
Purchase Details
Listed on
Feb 1, 2017
Closed on
Mar 16, 2017
Sold by
Leibowitz Amanda R
Bought by
Chen Yihong
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lisa Zhou
Legacy Capital Investment Group
List Price
$3,575,000
Sold Price
$3,230,000
Premium/Discount to List
-$345,000
-9.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,776,500
Outstanding Balance
$1,493,799
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,089,064
Purchase Details
Closed on
Apr 14, 2011
Sold by
Morgan Mark A
Bought by
Leibowitz Amanda R
Purchase Details
Closed on
Apr 6, 2005
Sold by
Morgan Mark A
Bought by
Morgan Mark A and Mark Morgan Family Trust
Purchase Details
Closed on
Aug 17, 2004
Sold by
Greystone Homes Inc
Bought by
Morgan Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,598,800
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Yihong | -- | Accommodation | |
| Chen Yihong | -- | Title 365 Company | |
| Chen Yihong | $3,230,000 | Title 365 Company | |
| Leibowitz Amanda R | $2,425,000 | Fidelity | |
| Morgan Mark A | -- | -- | |
| Morgan Mark A | $2,286,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Yihong | $1,776,500 | |
| Previous Owner | Leibowitz Amanda R | $440,000 | |
| Previous Owner | Morgan Mark A | $500,000 | |
| Previous Owner | Morgan Mark A | $1,598,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2017 04/28/17 | Sold | $3,230,000 | -9.7% | $651 / Sq Ft |
| 03/07/2017 03/07/17 | Pending | -- | -- | -- |
| 02/01/2017 02/01/17 | For Sale | $3,575,000 | -- | $721 / 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 | $44,748 | $3,675,186 | $2,288,447 | $1,386,739 |
| 2023 | $43,938 | $3,603,124 | $2,243,575 | $1,359,549 |
| 2022 | $43,149 | $3,532,475 | $2,199,583 | $1,332,892 |
| 2021 | $42,496 | $3,463,211 | $2,156,454 | $1,306,757 |
| 2020 | $42,110 | $3,427,701 | $2,134,343 | $1,293,358 |
| 2019 | $41,392 | $3,360,492 | $2,092,493 | $1,267,999 |
| 2018 | $40,684 | $3,294,600 | $2,051,463 | $1,243,137 |
| 2017 | $34,793 | $2,735,197 | $1,440,157 | $1,295,040 |
| 2016 | $34,188 | $2,681,566 | $1,411,918 | $1,269,648 |
| 2015 | $33,709 | $2,641,287 | $1,390,710 | $1,250,577 |
| 2014 | $33,753 | $2,589,548 | $1,363,468 | $1,226,080 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
Seller's Agent in 2017
John Cain
Pacific Sothebys
(714) 655-8940
1 in this area
214 Total Sales
-
Kathryn White
K
Seller Co-Listing Agent in 2017
Kathryn White
Coldwell Banker Realty
(949) 433-0315
23 Total Sales
-
Lisa Zhou
Buyer's Agent in 2017
Lisa Zhou
Legacy Capital Investment Group
(949) 656-5518
1 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17021548
APN: 464-071-11
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