Seller's Agent in 2023
Jules Wilson
Seven Gables Real Estate
(949) 478-0139
1 in this area
60 Total Sales
242 Desert Bloom Irvine, CA 92618
Portola Springs NeighborhoodEstimated Value: $2,424,880 - $2,695,000
4
Beds
3
Baths
2,817
Sq Ft
$896/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Corner Lot
- Loma Ridge Elementary School Rated A
- Loft
- 3-minute walk to Tomato Springs Park
About This Home
As of July 2023Welcome to your DREAM HOME! This stunning property offers a harmonious blend of comfort, style, and functionality. With its spacious layout, modern features, and convenient location within the highly sought-after Portola Springs community, this property is an ideal choice for those seeking an exceptional living experience.
As you step inside, you'll immediately notice the open concept design that creates a seamless flow throughout the main floor. The hardwood flooring adds warmth and elegance to the living spaces, creating a welcoming ambiance for both daily living and entertaining.
The kitchen features exquisite quartz countertops with fabulous stainless appliances, including the 6-burner gas stove cooktop with a griddle, built-in refrigerator, dishwasher, oven and microwave.
The home features four bedrooms and three bathrooms, ensuring ample space for your family and guests, incl one full bedroom and bath DOWNSTAIRS! Additionally, two built-in workstations off of the loft offer a dedicated area for at-home office ease.
For those who appreciate eco-friendly features, this home is equipped with PAID OFF solar panels, a tankless water heater, and 240V electric car charging in the garage, while the epoxy floor and built-in mirrored closets also in the garage provide extra storage space and potential for a personal gym.
The property boasts a HUGE LOFT, perfect for an additional sleeping area, game room, or home theater. Outside, you'll find an extra spacious Japanese inspired backyard adorned with beautiful foliage and flowers. This serene oasis invites you to unwind and enjoy the outdoors in tranquility.
The community of Portola Springs offers an array of amenities, including several nearby parks, with a Junior Olympic pool, wading pool, spa, tot lot, barbeques, and picnic tables.
With its move-in ready condition, spacious layout, modern features, and prime location, 242 Desert Bloom is one you've been waiting for! Hurry and make this your new home and get ready to enjoy the fabulous Irvine lifestyle! This one will not last!!!
Last Agent to Sell the Property
Seven Gables Real Estate License #00959162 Listed on: 06/10/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2013
Lot Details
- 3,703 Sq Ft Lot
- Corner Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $225 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,817 Sq Ft Home
- 2-Story Property
- Family Room Off Kitchen
- Dining Room with Fireplace
- Loft
- Utility Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Multiple Shower Heads
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Exterior Lighting
Schools
- Portola High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 17440
- Assessor Parcel Number 58031260
- $4,720 per year additional tax assessments
Community Details
Overview
- Ps Comm Assoc Association, Phone Number (949) 838-3252
- Keystone HOA
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2023
Closed on
Jun 15, 2023
Sold by
Lo Hon S and Lu Mei
Bought by
Rhee Family Trust and Rhee
Seller's Agent
Jules Wilson
Seven Gables Real Estate
Buyer's Agent
Jason Kim
New Star Realty & Investment
List Price
$1,999,995
Sold Price
$2,055,000
Premium/Discount to List
$55,005
2.75%
Views
74
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
$483,185
Avg. Annual Appreciation
8.75%
Original Mortgage
$500,000
Outstanding Balance
$445,226
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$2,078,744
Purchase Details
Closed on
May 23, 2022
Sold by
Ng Mei and Lo Hon S
Bought by
Lo Hon S and Ng-Lo Lu Mei
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
4.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 24, 2014
Closed on
Aug 14, 2014
Sold by
Kb Home Coastal Inc
Bought by
Lo Hon S and Ng Mei
Seller's Agent
Beth Payne
KB Home Sales So. CA Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,075,292
Sold Price
$1,025,000
Premium/Discount to List
-$50,292
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$820,000
Interest Rate
3.87%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Rhee Family Trust | $2,055,000 | Chicago Title Company | |
| Lo Hon S | -- | New Title Company Name | |
| Lo Hon S | $1,025,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rhee Family Trust | $500,000 | |
| Previous Owner | Lo Hon S | $640,000 | |
| Previous Owner | Lo Hon S | $820,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $2,055,000 | +2.8% | $729 / Sq Ft | |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- | |
| 06/10/2023 06/10/23 | For Sale | $1,999,995 | +95.1% | $710 / Sq Ft | |
| 08/25/2014 08/25/14 | Sold | $1,025,000 | -2.4% | $365 / Sq Ft | View Prior Sale |
| 08/11/2014 08/11/14 | Pending | -- | -- | -- | |
| 07/28/2014 07/28/14 | Price Changed | $1,049,990 | -5.8% | $374 / Sq Ft | |
| 06/02/2014 06/02/14 | Price Changed | $1,114,083 | +5.7% | $397 / Sq Ft | |
| 04/03/2014 04/03/14 | Price Changed | $1,053,880 | -2.0% | $376 / Sq Ft | |
| 02/24/2014 02/24/14 | For Sale | $1,075,292 | -- | $383 / 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 |
|---|---|---|---|---|
| 2025 | $25,631 | $2,096,100 | $1,500,251 | $595,849 |
| 2024 | $25,631 | $2,055,000 | $1,470,834 | $584,166 |
| 2023 | $16,367 | $1,164,801 | $664,863 | $499,938 |
| 2022 | $16,109 | $1,141,962 | $651,826 | $490,136 |
| 2021 | $15,860 | $1,119,571 | $639,045 | $480,526 |
| 2020 | $15,754 | $1,108,092 | $632,493 | $475,599 |
| 2019 | $15,541 | $1,086,365 | $620,091 | $466,274 |
| 2018 | $15,516 | $1,065,064 | $607,932 | $457,132 |
| 2017 | $15,270 | $1,044,181 | $596,012 | $448,169 |
| 2016 | $15,067 | $1,023,707 | $584,325 | $439,382 |
| 2015 | $14,904 | $1,008,330 | $575,547 | $432,783 |
| 2014 | $9,169 | $418,796 | $418,796 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jules Wilson
-
Dylan Wilson
D
Seller Co-Listing Agent in 2023
Dylan Wilson
Seven Gables Real Estate
(714) 500-3300
1 in this area
22 Total Sales
-
Jason Kim
Buyer's Agent in 2023
Jason Kim
New Star Realty & Investment
(714) 636-6900
1 in this area
31 Total Sales
-
D
Buyer Co-Listing Agent in 2023
Diana Lee
New Star Realty & Investment
-
B
Seller's Agent in 2014
Beth Payne
KB Home Sales So. CA Inc.
-
NoEmail NoEmail
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
7 in this area
6,193 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23099331
APN: 580-312-60
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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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