NOT LISTED FOR SALE

Estimated Value: $882,000 - $1,140,000

2 Beds
2 Baths
1,282 Sq Ft
$510/mo HOA Fee

Last Sold April 04, 2022

Last sale price $790,000 $616 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,624/month

7 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Automatic Gate
  • Heated Lap Pool
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of April 2022

Welcome to 2425 Scholarship - a top floor penthouse unit inside the sleek mid-rise community of Avenue One! Rarely on the market, this 2 bedroom/2 bath with a spacious loft boasts 1,282 square feet of living space, with impressive 18-foot soaring high ceilings and abundant natural light. Kitchen features designer European-style cabinetry, custom backsplash, stainless steel appliances, and a convenient laundry closet with washer & dryer included. Luxurious Master bedroom features an en suite bath and large closet with mirrored doors, and the secondary bedroom enjoys direct access to the patio with an amazing view of the pool. Centrally located in the heart of commerce and entertainment in Irvine, Avenue One residents enjoy close proximity to shopping, exclusive dining, as well as to office buildings, making it possible to walk or bike to work. Experience the wide variety of HOA amenities, including sparkling resort style pool and spa, fitness center with indoor basketball court, BBQ and picnic areas, community clubhouse with meeting rooms, tot lot and more. Secured gated parking with two assigned spaces, and additional guest parking available. Perfect opportunity for the first-time buyer or an investor. Be sure to check out the virtual 3D Tour!

Last Agent to Sell the Property

Min Seo

Redfin License #01915127 Listed on: 03/15/2022

Redfin

Last Buyer's Agent

Rima Jaridly

The Boutique Real Estate Group License #01916104

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,220

Year Built

  • Built in 2005

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Automatic Gate
  • Guest Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Turnkey

Interior Spaces

  • 1,282 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Custom Window Coverings
  • Blinds
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Loft
  • Carpet
  • Pool Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Spa

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16948
  • Assessor Parcel Number 93030536

Community Details

Overview

  • 408 Units
  • Avenue One Community Association, Inc. Association, Phone Number (949) 757-1490
  • Pmp Management HOA
  • Avenue One Subdivision
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,220

Year Built

Built in 2005

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, washer, dryer & drapes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Avenue One (AVE1)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93030536
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1282.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Two Story Ceilings
  • Stories: 4
  • Entry Location: 4th floor
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 616.22
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Blinds, Custom Covering, Drapes
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • View: Pool
  • Pool Features: Association, Heated, Lap
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered, Gated, Guest
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, 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, Fire Pit, Barbecue, Picnic Area, Playground, Gym/Ex Room, Clubhouse, Meeting Room, Maintenance Grounds, Trash, Pets Permitted, Security
  • Association Fee: 510.00
  • Association Fee Frequency: Monthly
  • Association Name: Avenue One Community Association, Inc.
  • Phone: 949-757-1490
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: PMP Management

Schools

  • School District: Santa Ana Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 408
  • Number Of Units Total: 1

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
Mar 15, 2022
Closed on
Mar 24, 2022
Sold by
Mcdonald Ryan D
Bought by
S & R Jaridly Family Trust
Seller's Agent
Min Seo
Redfin
Buyer's Agent
Rima Jaridly
The Boutique Real Estate Group
List Price
$750,000
Sold Price
$790,000
Premium/Discount to List
$40,000
5.33%
Current Estimated Value
$1,019,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,304
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 25, 2016
Sold by
Kim Yoon Shin and Kim Christine
Bought by
Mcdonald Ryan D
Seller's Agent
Jennie Kim
Sunny Realty & Management Inc
Buyer's Agent
Brandon Hobbs
Arbor Real Estate
List Price
$559,000
Sold Price
$530,000
Premium/Discount to List
-$29,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$417,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 22, 2013
Sold by
Alhooti Kouros
Bought by
Kim Yoon Shin and Kim Christine
Seller's Agent
M.J. Jafarzadeh
BJ Enterprise
Buyer's Agent
Diane Davani
Davani Real Estate & Investments Inc
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Apr 11, 2011
Sold by
Henss Kevin and Henss Lauren
Bought by
Lahooti Kouros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Henss Kevin and Henss Lauren
Bought by
Henss Kevin and Henss Lauren

Purchase Details

Closed on
Jan 24, 2006
Sold by
K Hovnanian At Avenue One Llc
Bought by
Henss Kevin and Zimmerman Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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
S & R Jaridly Family Trust $790,000 Lawyers Title
Mcdonald Ryan D -- Lawyers Title
Mcdonald Ryan D $530,000 Wfg National Title
Kim Yoon Shin $486,000 Lawyers Title Company
Lahooti Kouros $375,000 Lsi
Henss Kevin -- First American Title Ins Co
Henss Kevin $688,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Ryan D $417,000
Previous Owner Lahooti Kouros $262,500
Previous Owner Henss Kevin $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2022 04/04/22 Sold $790,000 +5.3% $616 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $750,000 +41.5% $585 / Sq Ft
05/20/2016 05/20/16 Sold $530,000 -5.2% $421 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $559,000 0.0% $444 / Sq Ft
02/21/2014 02/21/14 Rented $2,500 -3.8% --
01/22/2014 01/22/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $2,600 0.0% --
09/25/2013 09/25/13 Rented $2,600 0.0% --
09/06/2013 09/06/13 Under Contract -- -- --
06/09/2013 06/09/13 For Rent $2,600 0.0% --
06/01/2013 06/01/13 Sold $495,000 0.0% $396 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Price Changed $495,000 0.0% $396 / Sq Ft
03/01/2013 03/01/13 For Sale $495,000 0.0% $396 / Sq Ft
01/25/2013 01/25/13 Off Market $495,000 -- --
01/23/2013 01/23/13 Price Changed $474,900 -1.0% $380 / Sq Ft
01/13/2013 01/13/13 For Sale $479,900 -- $384 / 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 $9,220 $838,354 $528,504 $309,850
2024 $9,220 $821,916 $518,141 $303,775
2023 $8,999 $805,800 $507,981 $297,819
2022 $6,613 $591,223 $336,901 $254,322
2021 $6,452 $579,631 $330,295 $249,336
2020 $6,469 $573,688 $326,908 $246,780
2019 $6,332 $562,440 $320,498 $241,942
2018 $6,073 $551,412 $314,213 $237,199
2017 $6,021 $540,600 $308,051 $232,549
2016 $5,703 $505,553 $278,849 $226,704
2015 $5,592 $497,960 $274,661 $223,299
2014 $5,497 $488,206 $269,281 $218,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22043964

California Regional Multiple Listing Service (CRMLS)

APN: 930-305-36