NOT LISTED FOR SALE

Estimated Value: $639,000 - $679,000

1 Bed
1 Bath
734 Sq Ft
$334/mo HOA Fee

Last Sold June 21, 2023

Last sale price $590,000 $804 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,347/month

3 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Open Floorplan
  • Heated In Ground Pool
  • Gated Community
  • Clubhouse

About This Home

As of June 2023

Exciting opportunity for an ultra-clean one bedroom unit in the sought-after community of Avenue One! 2240 Scholarship is located on the second floor, with no interior steps and elevator access. Parking is also on the same level. This beautiful condo features an open living area, in unit laundry, private patio overlooking the putting green, and large walk-in closet. Kitchen features granite counter, breakfast bar with rich dark wood cabinets. You will not be disappointed! This private community has a gated garage with TWO dedicated parking spaces (on the same level); very rare for a 1-bedroom unit. Amenities in this complex include an Olympic sized pool, bbq area, fitness room, indoor basketball court and state of the art club house equipped with full kitchen, lounge, meeting room and on-site management offices. Move-in ready. This mid-rise condo development is close just off Jamboree & Campus, close to John Wayne Airport, USI, Fashion Island, South Coast Plaza, 405, 55, 5 and 73 freeways and the San Joaquin Marsh Wildlife Sanctuary.

Last Agent to Sell the Property

Scott Singer

Pacific Sotheby's Int'l Realty License #01310519 Listed on: 05/17/2023

Pacific Sotheby's Int'l Realty

Co-Listed By

Andy Baker

Arbor Real Estate License #02049100

Last Buyer's Agent

Nolasco Blandon

Compass Real Estate License #01279850

Compass Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room Balcony
  • Courtyard Views
  • Home Security System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Stone Bathroom Countertops

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Heated In Ground Pool
  • Exercise
  • Spa

Outdoor Features

  • Sport Court
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 16948
  • Assessor Parcel Number 93030774
  • $69 per year additional tax assessments

Community Details

Overview

  • 404 Units
  • Avenue One Association, Phone Number (949) 664-3408
  • Pmp Management HOA
  • Avenue One Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$334 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community, Security System
  • Subdivision Name Other: Avenue One (AVE1)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93030774
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 734.00 Square Feet
  • Interior Amenities: Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 803.81
  • Room Type: Kitchen, Laundry, Main Floor Bedroom
  • Spa Features: Association, Community
  • Bathroom Features: Remodeled, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Sport Court Private
  • View: Courtyard
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Community, Exercise Pool, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Sport Court, Gym/Ex Room, Clubhouse, Meeting Room, Call for Rules, Management
  • Association Fee: 334.00
  • Association Fee Frequency: Monthly
  • Association Name: Avenue One
  • Phone: 9496643408
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
  • Association Management: PMP management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 404
  • Number Of Units Total: 404

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 3
  • Tax Tract Number: 16948
  • TaxOtherAnnualAssessmentAmount: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
May 30, 2023
Sold by
Mccoy Jeffrey D
Bought by
Fu Tian Cheng
Seller's Agent
Scott Singer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Nolasco Blandon
Compass Real Estate
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Views
47
Current Estimated Value
$661,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,567
Avg. Annual Appreciation
4.50%
Original Mortgage
$472,000
Outstanding Balance
$459,379
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$202,188

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jan 22, 2020
Sold by
Sun David Runjia
Bought by
Mccoy Jeffrey D
Seller's Agent
Victor Torres
Century 21 LOTUS
Buyer's Agent
Scott Singer
Pacific Sotheby's Int'l Realty
List Price
$465,000
Sold Price
$420,000
Premium/Discount to List
-$45,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Listed on
Aug 16, 2015
Closed on
Sep 16, 2015
Sold by
Mehta Chirag A and Bhatt Naiya S
Bought by
Sun David Runjia
Seller's Agent
Ann Urias
Aston Group
Buyer's Agent
Linda Ginex
Coldwell Banker Realty
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$280,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Mehta Chirag A
Bought by
Mehta Chirag A and Bhatt Naiya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
K Hovnanian At Avenue One Llc
Bought by
Mehta Chirag A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fu Tian Cheng $600,000 Wfg National Title
Mccoy Jeffrey D $420,000 North American Title Company
Sun David Runjia $350,000 Lawyers Title
Mehta Chirag A -- First American Title Company
Mehta Chirag A $319,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Tian Cheng $472,000
Previous Owner Sun David Runjia $280,000
Previous Owner Mehta Chirag A $235,000
Previous Owner Mehta Chirag A $255,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $590,000 +2.6% $804 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $575,000 +36.9% $783 / Sq Ft
01/22/2020 01/22/20 Sold $420,000 -2.3% $572 / Sq Ft View Prior Sale
12/23/2019 12/23/19 Pending -- -- --
12/12/2019 12/12/19 Price Changed $430,000 -3.9% $586 / Sq Ft
11/21/2019 11/21/19 Price Changed $447,500 -0.3% $610 / Sq Ft
09/05/2019 09/05/19 Price Changed $449,000 -3.4% $612 / Sq Ft
08/12/2019 08/12/19 For Sale $465,000 +32.9% $634 / Sq Ft
10/06/2015 10/06/15 Sold $350,000 -2.5% $483 / Sq Ft View Prior Sale
09/16/2015 09/16/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $359,000 -- $495 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,884 $624,240 $407,320 $216,920
2024 $6,884 $612,000 $399,333 $212,667
2023 $4,963 $441,494 $252,434 $189,060
2022 $4,918 $432,838 $247,485 $185,353
2021 $4,798 $424,351 $242,632 $181,719
2020 $4,347 $378,850 $212,015 $166,835
2019 $4,256 $371,422 $207,858 $163,564
2018 $4,081 $364,140 $203,783 $160,357
2017 $4,048 $357,000 $199,787 $157,213
2016 $3,966 $350,000 $195,869 $154,131
2015 $3,542 $314,900 $154,545 $160,355
2014 -- $314,900 $154,545 $160,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23085409

California Regional Multiple Listing Service (CRMLS)

APN: 930-307-74