NOT LISTED FOR SALE

Estimated Value: $1,033,000 - $1,172,000

3 Beds
2 Baths
1,456 Sq Ft
$424/mo HOA Fee

Last Sold October 29, 2021

Last sale price $810,000 $556 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,075/month

35 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Automatic Gate
  • 24-Hour Security
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of October 2021

In the prestigious Watermarke Community, on the border of Irvine and Newport Beach, comes one of the very few 3-bedroom 2-bath units. The space has been fully renovated, permitted by the condo association, with no expense spared.

The unit features: brand new long-lasting bamboo flooring; a waterfall porcelain kitchen counter with 36" farm sink; porcelain kitchen floor and backsplash; upgraded LG 5-burner stove with matching stainless steel appliances; steam shower glass with rain showerhead in the bathrooms; Kohler toilets with bidet; brand new vanity cabinets with marble countertops; custom built closets; and recess lighting throughout.

The unit also features: lots of extra cabinets with beautiful gold handles for storage, Nest smartphone operated thermostat, and a cozy patio with water repellent outdoor furniture! The unit has three assigned parking spots and there are plenty of visitor's parking available. Community amenities include: three swimming pools and jacuzzis, tennis courts, basketball courts, a fully equipped fitness center, clubhouse, and theatre room. It's minutes away from UCI, Fashion Island, South Coast Plaza, John Wayne Airport, the finest beaches and restaurants in Orange County!

Last Agent to Sell the Property

Michelle Lee

Keller Williams Pacific Estate License #01137143 Listed on: 07/29/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Uma Perricone

RE/MAX Select One License #01106886

RE/MAX Select One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,452

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Converted Garage
  • Parking Available
  • Automatic Gate
  • Guest Parking
  • Community Parking Structure

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,456 Sq Ft Home
  • Dry Bar
  • Crown Molding
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Storage
  • Home Security System

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Convection Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16098
  • Assessor Parcel Number 93410528

Community Details

Overview

  • 534 Units
  • Watermarke Association, Phone Number (949) 724-0033
  • Watermarke Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,452

Year Built

Built in 2006

Lot Details

0

HOA Fees

$424 per month

Parking

3

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Firewall(s), Gated Community, Resident Manager, Security System, Smoke Detector(s)
  • Subdivision Name Other: Watermarke (WATR)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93410528
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1456.00 Square Feet
  • Interior Amenities: Crown Molding, Dry Bar, Living Room Balcony, Recessed Lighting, Storage, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 556.32
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bidet, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Remodeled, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Patio And Porch Features: Patio Open
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Community Structure, Converted Garage, Gated, Guest
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, 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, Tennis Court(s), Gym/Ex Room, Clubhouse, Maintenance Grounds, Trash, Pets Permitted, Weight Limit, Controlled Access
  • Association Fee: 424.00
  • Association Fee Frequency: Monthly
  • Association Name: Watermarke
  • Phone: 949-724-0033
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
  • Association Management: Watermarke

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 534
  • Number Of Units Total: 534

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 1
  • Tax Tract Number: 16098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 28, 2021
Sold by
Lee Pei Zur and Lee Michelle S
Bought by
Bashir Rashid and Bashir Masooda
Seller's Agent
Michelle Lee
Keller Williams Pacific Estate
Buyer's Agent
Uma Perricone
RE/MAX Select One
List Price
$875,000
Sold Price
$810,000
Premium/Discount to List
-$65,000
-7.43%
Current Estimated Value
$1,070,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,839
Avg. Annual Appreciation
8.10%
Original Mortgage
$308,250
Outstanding Balance
$284,127
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$803,861

Purchase Details

Listed on
Sep 4, 2020
Closed on
Feb 18, 2021
Sold by
Gidaya Ernesto and Bondad Gidaya Cleotilde
Bought by
Lee Pei Zur and Lee Michelle S
Seller's Agent
Jenna Whitehead
Compass Property Mgmt Corp
Buyer's Agent
Michelle Lee
Keller Williams Pacific Estate
List Price
$738,000
Sold Price
$700,000
Premium/Discount to List
-$38,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.54%
Original Mortgage
$470,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2018
Sold by
Gidaya Ernersto and Bondad Gidaya Cleotilde
Bought by
Gidaya Ernesto and Bondad Gidaya Cleotilde

Purchase Details

Closed on
Jan 3, 2007
Sold by
Gidaya Ernesto and Bondad Cleotilde
Bought by
Gidaya Ernesto and Bondad Gidaya Cleotilde

Purchase Details

Closed on
Sep 30, 2005
Sold by
Watermarke Homes Llc
Bought by
Gidaya Ernesto and Bondad Cleotilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,600
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Bashir Rashid $810,000 Chicago Title Company
Lee Pei Zur $700,000 Orange Coast Title Company
Gidaya Ernesto -- None Available
Gidaya Ernesto -- None Available
Gidaya Ernesto $627,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashir Rashid $308,250
Previous Owner Lee Pei Zur $470,000
Previous Owner Gidaya Ernesto $512,000
Previous Owner Gidaya Ernesto $62,700
Previous Owner Gidaya Ernesto $501,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $810,000 -1.8% $556 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $825,000 -5.7% $567 / Sq Ft
07/29/2021 07/29/21 For Sale $875,000 +25.0% $601 / Sq Ft
03/18/2021 03/18/21 Sold $700,000 0.0% $481 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $700,000 -2.5% $481 / Sq Ft
12/18/2020 12/18/20 Price Changed $718,000 -1.4% $493 / Sq Ft
11/06/2020 11/06/20 Price Changed $728,000 -1.4% $500 / Sq Ft
09/04/2020 09/04/20 For Sale $738,000 -- $507 / 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 $9,452 $859,578 $566,182 $293,396
2024 $9,452 $842,724 $555,080 $287,644
2023 $9,225 $826,200 $544,196 $282,004
2022 $9,143 $810,000 $533,525 $276,475
2021 $7,626 $678,000 $441,102 $236,898
2020 $7,727 $678,000 $441,102 $236,898
2019 $7,715 $678,000 $441,102 $236,898
2018 $7,548 $678,000 $441,102 $236,898
2017 $7,155 $635,000 $398,102 $236,898
2016 $7,149 $635,000 $398,102 $236,898
2015 $7,127 $635,000 $398,102 $236,898
2014 $6,202 $551,000 $314,102 $236,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21164421

California Regional Multiple Listing Service (CRMLS)

APN: 934-105-28