Seller's Agent in 2021
Gexin Tang
RE/MAX
(949) 836-1888
5 in this area
25 Total Sales
24 Lancewood Way Irvine, CA 92612
University Park and Town Center NeighborhoodEstimated Value: $1,334,000 - $1,437,352
3
Beds
3
Baths
1,749
Sq Ft
$796/Sq Ft
Est. Value
Highlights
- Spa
- No Units Above
- Clubhouse
- University Park Elementary Rated A
- Updated Kitchen
- Deck
About This Home
As of September 2021Price reduction. New Roof just installed. Newly Remodeled 3 bedroom , 2 and 3/4 bathroom single family home with very minimum attachment with others in highly sought after University Park community in Irvine. The home offers large living room with a fire place. Gourmet kitchen recently remodeled with new beautiful customized quartz counter tops and cherry colored Alder wood cabinets, a new free standing stove with oven, a new microwave and double sinks with new plumbing features and new tile flooring . A large size formal dinning room that can also be used as a family room with a sliding door to large and gorgeous backyard for entertainment. A laundry room leads to a two car attached garage. Spacious master bedroom with a remodeled bathroom , mirrored closet doors and a large balcony overlooking back yard. Upstairs bathrooms have duel sinks. laminate flooring through out the house. Newer paneled doors. New ceiling fan with a remote control in family room . Recessed lights in Kitchen, living room and master bedroom. The house also has double pane windows and sliding doors through out the house. New water heater, newer furnace and newer AC. House is newly painted. Garage has many built ins for storage. The house also has recent termites clearance. There is a nice court yard at front and a big and beautiful back yard with fruit trees, roses and low water use plants, colorful bushes and automatic sprinklers. A new roof top approved by HOA and will be installed next week. The house is in a famous University High School and Rancho Middle school boundaries. Two HOA facilities including tennis court, swimming pools and kids pool, spa, club house which can be rented for parties or gatherings. University Park elementary is across street. Walking distance to middle school and biking distance to University High School. Nearby University Park and facilities for sports activities and after school programs. It is located near Irvine Business Complex , UCI. Walking distance to schools, shops , restaurants, Irvine public library, park and public transportation. Short distance to Airport, South Coast Plaza, Beaches, Route 405.
Last Agent to Sell the Property
Re/Max Premier Realty License #01881557 Listed on: 07/09/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,330
Year Built
- Built in 1969
Lot Details
- 3,200 Sq Ft Lot
- No Units Located Below
- Two or More Common Walls
- Wood Fence
- Fence is in fair condition
- Level Lot
- Flag Lot
HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Community Parking Structure
Home Design
- Planned Development
Interior Spaces
- 1,749 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Sliding Doors
- Panel Doors
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
Kitchen
- Updated Kitchen
- Open to Family Room
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Quartz Countertops
- Utility Sink
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Mirrored Closets Doors
- Upgraded Bathroom
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Balcony
- Deck
- Patio
- Exterior Lighting
Schools
- University Park Elementary School
- San Joaquin Middle School
- University High School
Additional Features
- Property is near a park
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 115
- Tax Tract Number 5922
- Assessor Parcel Number 45305152
Community Details
Overview
- University Park Association, Phone Number (800) 369-7260
- Pcm HOA
- Village I Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
- Community Spa
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Aug 5, 2021
Sold by
Panah Bahman and Panah Elahe
Bought by
Jin Xiaoting and Yang Wei
Seller's Agent
Gexin Tang
Re/Max Premier Realty
Buyer's Agent
Gexin Tang
Re/Max Premier Realty
List Price
$950,000
Sold Price
$947,000
Premium/Discount to List
-$3,000
-0.32%
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
$468,031
Avg. Annual Appreciation
11.04%
Original Mortgage
$756,800
Outstanding Balance
$693,119
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$731,395
Purchase Details
Closed on
Jan 19, 2009
Sold by
Panah Bahman and Panah Elahe
Bought by
Panah Bahman and Panah Elahe
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
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2006
Sold by
Keating Kevin J and Keating Katherine P
Bought by
Panah Bahman and Panah Elahe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 29, 2002
Sold by
Neptune Peter and Neptune Nancy L
Bought by
Keating Kevin J and Keating Katherine P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.28%
Purchase Details
Closed on
Apr 6, 1999
Sold by
Andrei Grombchevsky and Andrei Nonna Grombchevsky
Bought by
Neptune Peter and Schwalje Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jin Xiaoting | $946,000 | Fidelity Natl Ttl Orange Cnt | |
| Panah Bahman | -- | Landamerica | |
| Panah Bahman | $685,000 | Orange Coast Title | |
| Keating Kevin J | $405,000 | Equity Title Company | |
| Neptune Peter | $279,500 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jin Xiaoting | $756,800 | |
| Previous Owner | Panah Elahe | $325,000 | |
| Previous Owner | Panah Bahman J | $150,000 | |
| Previous Owner | Panah Bahman | $50,000 | |
| Previous Owner | Panah Bahman | $379,000 | |
| Previous Owner | Panah Bahman | $384,000 | |
| Previous Owner | Panah Bahman | $417,000 | |
| Previous Owner | Panah Bahman | $267,000 | |
| Previous Owner | Keating Kevin J | $75,000 | |
| Previous Owner | Keating Kevin J | $465,000 | |
| Previous Owner | Keating Kevin J | $140,000 | |
| Previous Owner | Keating Kevin J | $324,000 | |
| Previous Owner | Neptune Peter | $258,300 | |
| Previous Owner | Neptune Peter | $265,500 | |
| Previous Owner | Grombchevsky Andrei | $171,400 | |
| Closed | Keating Kevin J | $81,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2021 09/09/21 | Sold | $947,000 | +0.9% | $541 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 07/25/2021 07/25/21 | Price Changed | $939,000 | -1.2% | $537 / Sq Ft |
| 07/09/2021 07/09/21 | For Sale | $950,000 | -- | $543 / 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 | $10,330 | $984,218 | $872,004 | $112,214 |
| 2023 | $10,065 | $964,920 | $854,906 | $110,014 |
| 2022 | $9,885 | $946,000 | $838,143 | $107,857 |
| 2021 | $8,782 | $841,500 | $697,728 | $143,772 |
| 2020 | $8,821 | $841,500 | $697,728 | $143,772 |
| 2019 | $8,627 | $825,000 | $684,047 | $140,953 |
| 2018 | $7,590 | $723,000 | $593,840 | $129,160 |
| 2017 | $7,579 | $723,000 | $593,840 | $129,160 |
| 2016 | $7,382 | $723,000 | $593,840 | $129,160 |
| 2015 | $6,942 | $674,000 | $544,840 | $129,160 |
| 2014 | $6,435 | $623,610 | $494,450 | $129,160 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21150125
APN: 453-051-52
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 7 Satinwood Way
- 33 Seton Rd
- 64 Mann St
- 4421 Pinyon Tree Ln
- 24 Spicewood Way
- 12 Rockrose Way
- 11 Rockrose Way
- 44 Seton Rd
- 28 Brisbane Way
- 77 Seton Rd
- 16 Iron Bark Way
- 108 Sequoia Tree Ln
- 14 Willow Tree Ln
- 46 Echo Run Unit 16
- 73 Rockwood Unit 38
- 81 Rockwood Unit 42
- 18 Meadowsweet Way
- 113 Rockwood Unit 30
- 119 Rockwood Unit 56
- 20 Marigold Unit 15
- 22 Lancewood Way
- 26 Lancewood Way
- 20 Lancewood Way
- 28 Lancewood Way
- 30 Lancewood Way
- 41 Cypress Tree Ln
- 43 Cypress Tree Ln
- 32 Lancewood Way
- 39 Cypress Tree Ln
- 18 Lancewood Way
- 16 Lancewood Way
- 37 Cypress Tree Ln
- 10 Lancewood Way
- 14 Lancewood Way
- 12 Lancewood Way
- 8 Lancewood Way
- 42 Cypress Tree Ln
- 35 Cypress Tree Ln
- 19 Lancewood Way
- 10 Seton Rd