NOT LISTED FOR SALE

Estimated Value: $1,330,230 - $1,596,000

3 Beds
2.5 Baths
1,678 Sq Ft
$157/mo HOA Fee

Last Sold June 28, 2016

Last sale price $758,000 $452 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,787/month

11 Days on Market

Highlights

  • Corner Lot
  • Community Pool
  • Walk-In Closet
  • Hicks Canyon Elementary School Rated A
  • Walk-In Pantry
  • 3-minute walk to David Sills Lower Peters Canyon Park

About This Home

As of June 2016

This home is located at 2 Mericort Unit 77, Irvine, CA 92602 since 20 May 2016 and is currently estimated at $1,428,058, approximately $851 per square foot. This property was built in 2006. 2 Mericort Unit 77 is a home located in Orange County with nearby schools including Hicks Canyon Elementary School, Orchard Hills School, and Arnold O. Beckman High School.

Last Agent to Sell the Property

Frank Agahi

Associated Realtors License #00846805 Listed on: 05/20/2016

Associated Realtors

Last Buyer's Agent

Jeffrey Hallin

RE/MAX TerraSol License #01743970

RE/MAX TerraSol

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,192

Year Built

  • Built in 2006

Lot Details

  • No Common Walls
  • Back Yard

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • 1,678 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Walk-In Pantry
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 93443295

Community Details

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,192

Year Built

Built in 2006

Lot Details

0

HOA Fees

$157 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Mericort (MERC)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93443295
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1678.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 451.73
  • Room Type: All Bedrooms Up, Walk-In Pantry, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 157.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Urban

Schools

  • School District: Tustin Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 1, 2016
Sold by
Talebi Farhad and Sarvari Arezoo
Bought by
Lo Betty Chin and Betty Chin Lo House Trust
Seller's Agent
Frank Agahi
Associated Realtors
Buyer's Agent
Jeffrey Hallin
RE/MAX TerraSol
List Price
$769,800
Sold Price
$758,000
Premium/Discount to List
-$11,800
-1.53%
Current Estimated Value
$1,428,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,058
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Apr 12, 2006
Sold by
California Pacific Homes Lp
Bought by
Talebi Farhad and Sarvari Arezoo

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
6.25%
Mortgage Type
Purchase Money Mortgage
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
Lo Betty Chin $758,000 Lawyers Title
Talebi Farhad $710,000 Fidelity National Title-Buil
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talebi Farhad $380,000
Previous Owner Talebi Farhad $380,000
Previous Owner Talebi Farhad $380,000
Previous Owner Talebi Farhad $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $758,000 -1.5% $452 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $769,800 -- $459 / 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 $10,192 $897,315 $629,634 $267,681
2024 $10,192 $879,721 $617,288 $262,433
2023 $10,011 $862,472 $605,184 $257,288
2022 $9,822 $845,561 $593,317 $252,244
2021 $10,997 $828,982 $581,683 $247,299
2020 $10,908 $820,482 $575,718 $244,764
2019 $10,696 $804,395 $564,430 $239,965
2018 $10,494 $788,623 $553,363 $235,260
2017 $10,259 $773,160 $542,512 $230,648
2016 $8,969 $659,000 $381,543 $277,457
2015 $8,922 $659,000 $381,543 $277,457
2014 $8,917 $659,000 $381,543 $277,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16108152

California Regional Multiple Listing Service (CRMLS)

APN: 934-432-95