NOT LISTED FOR SALE

2703 Cherrywood Irvine, CA 92618

Oak Creek Neighborhood

Estimated Value: $956,000 - $1,190,000

2 Beds
2.5 Baths
1,183 Sq Ft
$275/mo HOA Fee

Last Sold July 31, 2021

Last sale price $738,000 $624 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,522/month

4 Days on Market

Highlights

  • Gated with Attendant
  • No Units Above
  • Clubhouse
  • Oak Creek Elementary Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2021

Welcome to this beautiful end-unit town home gated Oak Creek! This wonderful 2 bed 2.5 ba home features a complete makeover with brand new wood floor, paint, and beautiful kitchen. Open floor plan with a lot of natural light, spacious living room featuring decorative tile wall, open to the kitchen and dining room and overlooking the green belt. Sparkling kitchen includes new countertop, white cabinetry with crystal knobs, stainless steel appliances, and new kitchen sink. Upstairs contains two bedrooms including master bedroom. Two full baths are freshly renovated. Master suite comes with walk-in closet, dual sinks, and private sun-splashed balcony! Just steps to the community private fitness center, your choice of five amenity pools, private tennis courts, Oak Creek elementary and upscale Oak Creek Shopping Center.

Last Agent to Sell the Property

Liuzhen Zheng

Real Broker License #01982489 Listed on: 05/22/2021

Real Broker

Co-Listed By

Allison Zheng

Real Broker License #02081877

Last Buyer's Agent

Shuping Zhan

Pinnacle Real Estate Group License #02061260

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Tandem Garage
  • Automatic Gate

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 1,183 Sq Ft Home
  • Open Floorplan
  • Drapes & Rods
  • Combination Dining and Living Room
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15785
  • Assessor Parcel Number 93463132

Community Details

Overview

  • 200 Units
  • Oak Park Association, Phone Number (949) 363-1963
  • Oak Creek Association, Phone Number (949) 291-7300
  • Bhe Management HOA

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Carbon Monoxide Detectors
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Firewall(s), Gated Community
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93463132
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1183.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Nook, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 623.84
  • Room Type: All Bedrooms Up, Living Room
  • Window Features: Drapes
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: First Service residential
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Picnic Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 195.00
  • Association #2 Fee: 79.50
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Oak Park
  • Phone: 949-363-1963
  • Association Phone #2: 9492917300
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: BHE management
  • Association Management 2: Oak Creek Association

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 100

Tax Info

  • Tax Census Tract: 525.17
  • Tax Lot: 1
  • Tax Tract Number: 15785

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 3, 2021
Sold by
Sheng Yixing
Bought by
Chen Qiaoyuan and Chan Ho Kin
Seller's Agent
Liuzhen Zheng
Real Broker
Buyer's Agent
Shuping Zhan
Pinnacle Real Estate Group
List Price
$680,000
Sold Price
$738,000
Premium/Discount to List
$58,000
8.53%
Current Estimated Value
$1,062,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,283
Avg. Annual Appreciation
8.55%
Original Mortgage
$338,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 2, 2018
Sold by
Hoffman Kathy D
Bought by
Sheng Yixing
Seller's Agent
Todd Muradian
Aspero Realty, Inc
Buyer's Agent
Liuzhen Zheng
Real Broker
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$310,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2000
Sold by
William Lyon Homes Inc
Bought by
Hoffman Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Qiaoyuan $738,000 California Title Company
Sheng Yixing $580,000 California Title Co
Hoffman Kathy D $239,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Qiaoyuan $338,000
Previous Owner Sheng Yixing $310,000
Previous Owner Hoffman Kathy D $191,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2021 07/31/21 Sold $738,000 0.0% $624 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/25/2021 05/25/21 Off Market $738,000 -- --
05/22/2021 05/22/21 For Sale $680,000 +17.2% $575 / Sq Ft
06/21/2018 06/21/18 Sold $580,000 0.0% $490 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/16/2018 04/16/18 Off Market $580,000 -- --
04/13/2018 04/13/18 For Sale $575,000 -- $486 / 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 $8,306 $783,171 $618,064 $165,107
2024 $8,306 $767,815 $605,945 $161,870
2023 $8,093 $752,760 $594,063 $158,697
2022 $7,939 $738,000 $582,414 $155,586
2021 $6,649 $609,683 $451,773 $157,910
2020 $6,837 $603,432 $447,141 $156,291
2019 $7,191 $591,600 $438,373 $153,227
2018 $4,362 $317,033 $160,986 $156,047
2017 $4,232 $310,817 $157,829 $152,988
2016 $4,087 $304,723 $154,734 $149,989
2015 $3,985 $300,146 $152,409 $147,737
2014 $3,929 $294,267 $149,423 $144,844
Source: Public Records

Agents Affiliated with this Home

  • Liuzhen Zheng

    Seller's Agent in 2021

    Liuzhen Zheng

    Real Broker

    (949) 547-8288

    4 in this area

    111 Total Sales

    Liuzhen Zheng
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Allison Zheng

    Real Broker

    (949) 451-1200

    3 in this area

    80 Total Sales

    Allison Zheng
    Section Image

  • S

    Buyer's Agent in 2021

    Shuping Zhan

    Pinnacle Real Estate Group

    (626) 964-5500

    1 in this area

    13 Total Sales

    Shuping Zhan
    Section Image
  • Todd Muradian

    Seller's Agent in 2018

    Todd Muradian

    Aspero Realty, Inc

    (949) 922-3328

    29 in this area

    62 Total Sales

    Todd Muradian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21108116

California Regional Multiple Listing Service (CRMLS)

APN: 934-631-32

California Orange County Irvine 92618 Oak Creek

2703 Cherrywood, Irvine, CA

Not Listed for Sale

Condos

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