Seller's Agent in 2023
Chris Kwon
Real Broker
(949) 427-1101
27 in this area
196 Total Sales
254 Merit Irvine, CA 92618
Great Park NeighborhoodEstimated Value: $1,507,000 - $1,670,000
4
Beds
3.5
Baths
2,173
Sq Ft
$550/mo
HOA Fee
Highlights
- Private Pool
- Primary Bedroom Suite
- Dual Staircase
- Portola High School Rated A+
- Open Floorplan
- Clubhouse
About This Home
As of December 2023Nestled within the prestigious Bolero development in Rise Park, this magnificent tri-level end unit home offers an ideal blend of modern luxury and convenience. Built in 2021, this stunning residence boasts a spacious layout featuring 4 bedrooms, 3.5 bathrooms, and 2,173 square feet of meticulously designed living space. With a direct access 2-car garage and an array of desirable amenities, this property is the epitome of contemporary Southern California living.
As you step inside, you'll immediately notice the impressive attention to detail and the abundance of natural light that bathes each room. The main level of the home is thoughtfully designed, offering a convenient downstairs bedroom suite - perfect for guests, in-laws, or home office use. Ascending to the second level, you'll find the heart of the home - a gourmet kitchen complete with a spacious kitchen island, high-end appliances, and plenty of counter and storage space. The open-concept design seamlessly connects the kitchen to the large dining room and inviting living room, making it an ideal space for both casual family gatherings and formal entertaining. A private balcony off the living room provides a tranquil outdoor retreat to enjoy your morning coffee or evening sunset views. A half bathroom on this level adds to the convenience. The upper level of the home houses the remaining 3 bedrooms and 2 bathrooms, including the master suite. The master bedroom is a sanctuary of relaxation, featuring ample closet space and an en-suite bathroom with modern fixtures and finishes. This home's location is a true gem, with immediate access to the community's playground, resort-style pool, and clubhouse, ensuring endless opportunities for leisure and recreation. Additionally, the property is zoned for the highly acclaimed Solis Park Elementary School (K-8) and is just a short walk to Portola High School (9-12), making it an excellent choice for families seeking top-tier education options. 254 Merit is perfectly situated for those looking to be part of a newer development with convenient amenities, all while enjoying the serene ambiance of Rise Park. Don't miss this opportunity to make this beautiful property your forever home!
Property Details
Home Type
- Condominium
Year Built
- Built in 2021
Lot Details
- End Unit
- 1 Common Wall
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Contemporary Architecture
- Modern Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Stucco
Interior Spaces
- 2,173 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Dual Staircase
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Formal Entry
- Family Room
- Dining Room
- Neighborhood Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Home Security
Pool
- Private Pool
- Spa
Outdoor Features
- Living Room Balcony
- Enclosed Patio or Porch
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 137
- Tax Tract Number 18183
- Assessor Parcel Number 93015272
- $6,338 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 66 Units
- Great Park Association, Phone Number (949) 448-6000
- Bolero Association
- First Service Residential HOA
- Maintained Community
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Community Playground
- Community Pool
- Community Spa
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2023
Closed on
Nov 17, 2023
Sold by
Munoz David and Precious Kay
Bought by
Fortin Norbert and Massimino Tara
Seller's Agent
Chris Kwon
Real Broker
Buyer's Agent
Catherine Lewis
eXp Realty of California Inc
List Price
$1,350,000
Sold Price
$1,350,000
Views
41
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
$216,052
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,215,000
Outstanding Balance
$1,194,953
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$371,099
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 |
|---|---|---|---|
| Fortin Norbert | $1,350,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fortin Norbert | $1,215,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $1,350,000 | 0.0% | $621 / Sq Ft |
| 10/16/2023 10/16/23 | For Sale | $1,350,000 | -- | $621 / 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 | $20,300 | $1,377,000 | $887,113 | $489,887 |
| 2024 | $20,300 | $1,350,000 | $869,718 | $480,282 |
| 2023 | $15,524 | $902,689 | $477,262 | $425,427 |
| 2022 | $15,219 | $884,990 | $467,904 | $417,086 |
| 2021 | $11,750 | $405,178 | $405,178 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Kwon
-
Orawan Kwon
O
Seller Co-Listing Agent in 2023
Orawan Kwon
Real Broker
(949) 438-4340
13 in this area
77 Total Sales
-
Catherine Lewis
Buyer's Agent in 2023
Catherine Lewis
eXp Realty of California Inc
(949) 466-8246
1 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23191322
APN: 930-152-72
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