NOT LISTED FOR SALE

241 Terra Cotta Unit 2 Irvine, CA 92603

Quail Hill Neighborhood

Estimated Value: $1,587,771 - $1,702,000

3 Beds
2.5 Baths
1,900 Sq Ft
$230/mo HOA Fee

Last Sold June 07, 2016

Last sale price $823,000 $433 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $10,098/month

89 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Property is near a park
  • Alderwood Elementary Rated A
  • Contemporary Architecture
  • 4-minute walk to The Commons Park

About This Home

As of June 2016

Enjoy incredible privacy and serenity with rolling hills views!! Simply IMMACULATE home comes complete with elegant slate, neutral carpet flooring, designer paint, romantic fireplace, custom window treatments, multiple ceiling fans, and more!! Pristine kitchen comes with an abundance of natural light and includes delightful views of the rolling hillsides, a large center island, and walk-in pantry. Enjoy a master bedroom like no other; Wake up to spectacular views of nature and cool breezes only this rare location can deliver!! Just steps to one of three gated community pools, private fitness center and upscale Quail Hill dining. Also, home to acclaimed Alderwood and University High school district!!

Last Agent to Sell the Property

Todd Muradian

Aspero Realty, Inc License #01262816 Listed on: 02/10/2016

Last Buyer's Agent

MeiLien Chao

Keller Williams Realty Irvine License #01841392

Keller Williams Realty Irvine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,394

Year Built

  • Built in 2002

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Custom Window Coverings
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Loft
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • No Common Walls
  • Property is near a park
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16260
  • Assessor Parcel Number 93272143

Community Details

Overview

  • 69 Units

Amenities

  • Picnic Area

Recreation

  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,394

Year Built

Built in 2002

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Soltice (SOLT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93272143
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1900.00
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 433.16
  • Room Type: All Bedrooms Up, Loft
  • Spa Features: Association
  • Window Features: Custom Covering

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Park/Greenbelt
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Picnic Area, Playground, Pool, Spa/Hot Tub, Sport Court
  • Association Fee: 116.00
  • Association #2 Fee: 114.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 69
  • Number Of Units Total: 69

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 16260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Kong Yeping
Bought by
Yang Tao
Current Estimated Value
$1,659,943

Purchase Details

Closed on
Dec 5, 2016
Sold by
Continental Residential Inc
Bought by
Yang Tao

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 20, 2016
Sold by
Wang Lihua
Bought by
Yang Tao
Seller's Agent
Todd Muradian
Aspero Realty, Inc
Buyer's Agent
MeiLien Chao
Keller Williams Realty Irvine
List Price
$860,000
Sold Price
$823,000
Premium/Discount to List
-$37,000
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$534,950
Interest Rate
2.91%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 16, 2016
Sold by
Jiou Benedict and Jiou Janifer Fung
Bought by
Yang Tao
Seller's Agent
Todd Muradian
Aspero Realty, Inc
Buyer's Agent
MeiLien Chao
Keller Williams Realty Irvine
List Price
$860,000
Sold Price
$823,000
Premium/Discount to List
-$37,000
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,950
Interest Rate
2.91%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2006
Sold by
Chen Eugene C
Bought by
Jiou Benedict and Jiou Janifer Fung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Pulte Home Corp
Bought by
Chen Eugene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,781
Interest Rate
4.87%
Source: Public Records

Range of Values:

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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
Yang Tao -- First American Title Company
Yang Tao $718,000 First American Title Company
Yang Tao -- California Title Company
Yang Tao $823,000 California Title Company
Jiou Benedict $800,000 California Title Company
Chen Eugene C $463,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Tao $534,950
Previous Owner Jiou Benedict $640,000
Previous Owner Chen Eugene C $370,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $823,000 -0.8% $433 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $830,000 -1.0% $437 / Sq Ft
04/03/2016 04/03/16 Price Changed $838,800 -2.5% $441 / Sq Ft
02/10/2016 02/10/16 For Sale $860,000 -- $453 / 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 $12,394 $974,262 $712,742 $261,520
2024 $12,394 $955,159 $698,766 $256,393
2023 $12,166 $936,431 $685,065 $251,366
2022 $11,937 $918,070 $671,632 $246,438
2021 $11,748 $900,069 $658,463 $241,606
2020 $11,636 $890,840 $651,711 $239,129
2019 $11,434 $873,373 $638,932 $234,441
2018 $11,234 $856,249 $626,404 $229,845
2017 $11,037 $839,460 $614,121 $225,339
2016 $11,070 $846,000 $598,787 $247,213
2015 $9,913 $742,600 $495,387 $247,213
2014 $10,131 $742,600 $495,387 $247,213
Source: Public Records

Agents Affiliated with this Home

  • Todd Muradian

    Seller's Agent in 2016

    Todd Muradian

    Aspero Realty, Inc

    (949) 922-3328

    12 in this area

    65 Total Sales

    Todd Muradian
    Section Image
  • MeiLien Chao

    Buyer's Agent in 2016

    MeiLien Chao

    Keller Williams Realty Irvine

    (949) 878-7992

    23 Total Sales

    MeiLien Chao
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16028112

California Regional Multiple Listing Service (CRMLS)

APN: 932-721-43

California Orange County Irvine 92603 Quail Hill

241 Terra Cotta Unit 2, Irvine, CA

This home is located at 241 Terra Cotta Unit 2, Irvine, CA 92603 since 10 February 2016 and is currently estimated at $1,659,943, approximately $873 per square foot. This property was built in 2002. 241 Terra Cotta Unit 2 is a home located in Orange County with nearby schools including Alderwood Elementary, Rancho San Joaquin Middle School, and University High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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