NOT LISTED FOR SALE

Estimated Value: $1,332,000 - $1,451,000

3 Beds
2 Baths
1,400 Sq Ft
$992/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,050,000 $750 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,552/month

13 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • University Park Elementary Rated A
  • Updated Kitchen
  • Park or Greenbelt View

About This Home

As of July 2023

This home is located at 2 Forest, Irvine, CA 92612 since 14 June 2023 and is currently estimated at $1,388,665, approximately $991 per square foot. This property was built in 1974. 2 Forest is a home located in Orange County with nearby schools including University Park Elementary, Rancho San Joaquin Middle School, and University High School.

Last Agent to Sell the Property

Vince Di Profio

RE/MAX Premier Realty License #00863268 Listed on: 06/14/2023

RE/MAX Premier Realty

Co-Listed By

Lucy Di Profio

RE/MAX Premier Realty License #01085563

Last Buyer's Agent

Vince Di Profio

RE/MAX Premier Realty License #00863268 Listed on: 06/14/2023

RE/MAX Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,987

Year Built

  • Built in 1974

Lot Details

  • 5,500 Sq Ft Lot
  • Block Wall Fence
  • Back Yard

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Planned Development
  • Tile Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Schools

  • University Park Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Spa
  • Suburban Location

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 8002
  • Assessor Parcel Number 45317215
  • $125 per year additional tax assessments

Community Details

Overview

  • Terrace Association, Phone Number (949) 555-5555
  • Terrace Subdivision, Dover Floorplan
  • Greenbelt

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,987

Year Built

Built in 1974

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: washer/dryer/refrigerator.
  • Property Attached: Yes
  • Subdivision Name Other: Terrace (TR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45317215
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Interior Amenities: Built-in Features, Dry Bar, Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 750.00
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Master Suite
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Granite Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Tennis Court(s)
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Terrace
  • Phone: 9495555555
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Terrace

Schools

  • School District: Irvine Unified
  • Elementary School: University Park
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: University Park
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: UNIPAR
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Greenbelt
  • Lot Size Sq Ft: 5500.00
  • Lot Size Acres: 0.1263
  • Latitude Manual: 33.66200800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5500.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.51
  • Tax Lot: 63
  • Tax Tract Number: 8002
  • TaxOtherAnnualAssessmentAmount: 125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 29, 2023
Sold by
Lugo Family Declaration Of Trust
Bought by
Sharma Vishal and Madan Namrata
Seller's Agent
Vince Di Profio
Re/Max Connections
Buyer's Agent
Vince Di Profio
Re/Max Connections
List Price
$1,069,000
Sold Price
$1,050,000
Premium/Discount to List
-$19,000
-1.78%
Views
104
Current Estimated Value
$1,388,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,665
Avg. Annual Appreciation
10.76%
Original Mortgage
$829,500
Outstanding Balance
$804,991
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$508,454

Purchase Details

Closed on
Jun 9, 2010
Sold by
Lugo George E and Lugo Frances A
Bought by
Lugo George E and Lugo Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,102
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2008
Sold by
Lugo George E
Bought by
Lugo Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Lugo George E and Lugo Frances A
Bought by
Lugo George E and Lugo Frances A

Purchase Details

Closed on
Dec 12, 2002
Sold by
Lugo Frances A and Lugo George E
Bought by
Lugo George E and Lugo Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
California Pacific Homes Inc
Bought by
Espiritu Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,930
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2001
Sold by
Lugo Frances
Bought by
Lugo Frances A and Lugo George E

Purchase Details

Closed on
Mar 31, 1998
Sold by
Lugo George
Bought by
Lugo Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7%

Purchase Details

Closed on
Nov 21, 1995
Sold by
Outland Myrtle F
Bought by
Outland Myrtle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.42%
Source: Public Records

Range of Values:

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Average Value
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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
Sharma Vishal $1,050,000 Lawyers Title Company
Lugo George E -- None Available
Lugo Frances A -- Lawyers Title
Lugo George E -- Accommodation
Lugo George E -- --
Lugo George E -- Lawyers Title Company
Espiritu Joseph $439,000 Fidelity National Title Co
Lugo Frances A -- First American Title Co
Lugo Frances -- Fidelity National Title Ins
Outland Myrtle F -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Vishal $829,500
Previous Owner Lugo Frances A $330,000
Previous Owner Lugo George E $225,000
Previous Owner Espiritu Joseph $350,930
Previous Owner Lugo Frances $190,000
Previous Owner Outland Myrtle F $130,000
Closed Espiritu Joseph $87,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,050,000 -1.8% $750 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $1,069,000 -- $764 / 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 $10,987 $1,071,000 $952,715 $118,285
2024 $10,987 $1,050,000 $934,034 $115,966
2023 $3,519 $329,960 $211,925 $118,035
2022 $3,455 $323,491 $207,770 $115,721
2021 $3,378 $317,149 $203,697 $113,452
2020 $3,286 $313,898 $201,609 $112,289
2019 $3,212 $307,744 $197,656 $110,088
2018 $3,151 $301,710 $193,780 $107,930
2017 $3,084 $295,795 $189,981 $105,814
2016 $2,947 $289,996 $186,256 $103,740
2015 $2,902 $285,640 $183,458 $102,182
2014 $2,844 $280,045 $179,864 $100,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23100298

California Regional Multiple Listing Service (CRMLS)

APN: 453-172-15