NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,109,000

2 Beds
2 Baths
1,260 Sq Ft
601 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $820,000 $651 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,940/month

Highlights

  • Wood Flooring
  • Loft
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Community Pool
  • Walk-In Closet

About This Home

As of March 2024

Welcome to this beautiful AVENUE ONE luxury Condo! Location. Location. Location! This amazing Resort-Style luxury community is highly sought after This modern unit is particularly unique to Avenue One being a PENTHOUSE, features 2 spacious bedrooms, 2 full bathrooms plus a large upstairs loft and nearly 20 feet high ceiling.The kitchen and living area offer ultra premium brushed hardwood oak flooring, and the bedrooms and loft have ultra-plush carpet. Upgrades include a Refrigerator, Washer/Dryer and osmosis water filter system under the kitchen sink. Gated structure parking with 2 assigned side by side parking spots, Avenue One is an association that takes pride in its community, all common areas are exceptionally maintained. Explore all of the luxury amenities including an pool, BBQ areas, fitness room, indoor basketball court, and a state of the art club house / community center equipped with a full kitchen, lounge, meeting room. This convenient location is in the close proximity to John Wayne Airport, Fashion Island, UC Irvine, and fine dining/eateries and beaches. Minutes away to Highway 405, 55, 5 and 73. Making it an ideal place to live, Avenue One Community has it all!

Last Agent to Rent the Property

Michael Mei

Keller Williams Realty Irvine License #01921223 Listed on: 11/09/2023

Keller Williams Realty Irvine

Last Renter's Agent

Duke Nguyen

Equity Partners Real Estate and Lending Inc License #02102801

Equity Partners Real Estate and Lending Inc

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 601

Parking

  • 2 Car Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,260 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $5,700
  • 12-Month Minimum Lease Term
  • Available 11/15/23
  • Tax Lot 2
  • Tax Tract Number 16948
  • Assessor Parcel Number 93030556

Community Details

Overview

  • Property has a Home Owners Association
  • 100 Units
  • Avenue One Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 5700
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Avenue One (AVE1)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93030556
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1260.00 Square Feet
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.70
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 600.00
  • Lot Size Acres: 0.0138

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 600.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 626.10
  • Tax Lot: 2
  • Tax Tract Number: 16948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Oct 19, 2023
Sold by
Chun Sing Lam And Yen Liu Lam Revocable
Bought by
Steve And Denise Bui Trust and Bui
Seller's Agent
Li Tso
Harvest Realty
Buyer's Agent
Michael Mei
Keller Williams Realty Irvine
List Price
$780,000
Sold Price
$820,000
Premium/Discount to List
$40,000
5.13%
Views
735
Current Estimated Value
$990,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,173
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Umbrella Group Inc
Bought by
Chun Sing Lam And Yen Liu Lam Revocable

Purchase Details

Closed on
Jun 5, 2012
Sold by
Korhan Michael
Bought by
Umbrella Group Inc

Purchase Details

Closed on
Mar 26, 2012
Sold by
Korhan Michael
Bought by
Avenue One Community Association Inc and Avenue One

Purchase Details

Closed on
Mar 2, 2006
Sold by
K Hovnanian At Avenue One Llc
Bought by
Korhan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,084
Interest Rate
8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Steve And Denise Bui Trust $820,000 Fidelity National Title
Chun Sing Lam And Yen Liu Lam Revocable $600,000 First American Title
Umbrella Group Inc $373,200 None Available
Avenue One Community Association Inc $14,091 Accommodation
Korhan Michael $633,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korhan Michael $506,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2024 03/05/24 Rented $3,400 -2.9% --
02/08/2024 02/08/24 Under Contract -- -- --
12/26/2023 12/26/23 Price Changed $3,500 -5.4% $3 / Sq Ft
12/20/2023 12/20/23 Price Changed $3,700 -2.6% $3 / Sq Ft
11/09/2023 11/09/23 For Rent $3,800 0.0% --
11/03/2023 11/03/23 Sold $820,000 +5.1% $651 / Sq Ft View Prior Sale
10/12/2023 10/12/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $780,000 -- $619 / 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 $9,199 $836,400 $519,818 $316,582
2024 $9,199 $820,000 $509,625 $310,375
2023 $7,199 $643,320 $382,121 $261,199
2022 $7,134 $630,706 $374,628 $256,078
2021 $6,961 $618,340 $367,283 $251,057
2020 $6,981 $612,000 $363,517 $248,483
2019 $6,835 $600,000 $356,389 $243,611
2018 $4,610 $411,975 $177,345 $234,630
2017 $4,572 $403,898 $173,868 $230,030
2016 $4,480 $395,979 $170,459 $225,520
2015 $4,383 $390,032 $167,899 $222,133
2014 $4,309 $382,392 $164,610 $217,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23209017

California Regional Multiple Listing Service (CRMLS)

APN: 930-305-56