NOT LISTED FOR SALE

Estimated Value: $7,183,581 - $8,212,000

5 Beds
5.5 Baths
4,135 Sq Ft
$1,846/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $3,700,000 $895 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $45,974/month

Highlights

  • Heated Pool
  • Clubhouse
  • Main Floor Bedroom
  • Bonita Canyon Elementary Rated 9+
  • Fireplace in Primary Bedroom Retreat
  • Neighborhood Views

About This Home

As of August 2023

This home is located at 24 Watercress, Irvine, CA 92603 since 10 July 2023 and is currently priced at $7,631,395. This property was built in 2006. 24 Watercress is a home located in Orange County with nearby schools including Bonita Canyon Elementary, Rancho San Joaquin Middle School, and University High School.

Last Agent to Rent the Property

Chanmaly Ratnaransy

Camino Real Realtors License #01511628 Listed on: 07/10/2023

Last Renter's Agent

Chanmaly Ratnaransy

Camino Real Realtors License #01511628 Listed on: 07/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,670

Year Built

  • Built in 2006

Lot Details

  • 0.51

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,135 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Pool Tile

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting

Additional Features

  • 0.51 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $35,000
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Available 7/1/23
  • Tax Lot 20
  • Tax Tract Number 16060
  • Assessor Parcel Number 46405120

Community Details

Overview

  • Property has a Home Owners Association
  • Mountainous Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,670

Year Built

Built in 2006

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2023-07-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 1000
  • Deposit Security: 35000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions

Listing Details

  • Structure Type: House
  • Other Phone Description: 7144721912
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 46405120
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4135.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Retreat, Outside
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 4.35
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Heated, Tile
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, 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), Clubhouse, Guard
  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Mountainous, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22390.00
  • Lot Size Acres: 0.5140

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 22390.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Census Tract: 626.55
  • Tax Lot: 20
  • Tax Tract Number: 16060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2015
Sold by
Nam Yong Hwan
Bought by
Nam Yong H and Nam Living Trust
Current Estimated Value
$7,631,395

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jul 1, 2015
Sold by
Hartmann Robert and Hartmann Susan
Bought by
Nam Yong Hwan
Seller's Agent
Brian Backstrom
HK Lane Real Estate
Buyer's Agent
Chanmaly Ratnaransy
Camino Real Realtors
List Price
$4,195,000
Sold Price
$3,700,000
Premium/Discount to List
-$495,000
-11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$2,590,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jan 26, 2012
Sold by
Parsons John and Tsai Chiu Chuan
Bought by
Hartmann Robert and Hartmann Susan
Seller's Agent
Chris Valli
Surterre Properties Inc.
Buyer's Agent
Vikki Havins
Reliable Realty Inc.
List Price
$3,099,000
Sold Price
$3,000,000
Premium/Discount to List
-$99,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,000,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Irvine Community Development Co
Bought by
Parsons John and Tsai Chiu Chuan
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
Nam Yong H -- None Available
Nam Yong Hwan $3,700,000 Orange Coast Title Company
Hartmann Robert $3,000,000 None Available
Parsons John -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nam Yong H $2,540,000
Closed Nam Yong Hwan $2,590,000
Previous Owner Hartmann Robert $985,300
Previous Owner Hartmann Robert $1,000,000
Previous Owner Parsons John $1,334,000
Previous Owner Parsons John $999,999
Previous Owner Parsons John $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $18,000 0.0% --
07/21/2023 07/21/23 Under Contract -- -- --
07/10/2023 07/10/23 For Rent $18,000 +20.0% --
08/01/2020 08/01/20 Rented $15,000 +15.4% --
07/13/2020 07/13/20 Under Contract -- -- --
07/07/2020 07/07/20 Off Market $13,000 -- --
06/26/2020 06/26/20 For Rent $13,000 0.0% --
08/04/2015 08/04/15 Sold $3,700,000 -6.3% $881 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/23/2015 05/23/15 Price Changed $3,950,000 -3.5% $940 / Sq Ft
02/24/2015 02/24/15 Price Changed $4,095,000 -2.4% $975 / Sq Ft
01/05/2015 01/05/15 For Sale $4,195,000 +39.8% $999 / Sq Ft
03/06/2012 03/06/12 Sold $3,000,000 -3.2% $714 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $3,099,000 -- $738 / 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 $53,670 $4,461,402 $2,963,183 $1,498,219
2024 $53,670 $4,373,924 $2,905,081 $1,468,843
2023 $52,721 $4,288,161 $2,848,118 $1,440,043
2022 $51,783 $4,204,080 $2,792,273 $1,411,807
2021 $51,022 $4,121,648 $2,737,523 $1,384,125
2020 $50,498 $4,079,386 $2,709,453 $1,369,933
2019 $49,646 $3,999,399 $2,656,327 $1,343,072
2018 $48,810 $3,920,980 $2,604,242 $1,316,738
2017 $47,284 $3,774,000 $2,553,179 $1,220,821
2016 $46,460 $3,700,000 $2,503,116 $1,196,884
2015 $40,886 $3,159,078 $2,004,478 $1,154,600
2014 $40,951 $3,097,197 $1,965,214 $1,131,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23087842

California Regional Multiple Listing Service (CRMLS)

APN: 464-051-20