NOT LISTED FOR SALE

275 Merit Irvine, CA 92618

Great Park Neighborhood

Estimated Value: $2,211,000 - $3,059,000

4 Beds
5 Baths
3,460 Sq Ft
$788/Sq Ft Est. Value

About This Home

This home is located at 275 Merit, Irvine, CA 92618 and is currently estimated at $2,727,121, approximately $788 per square foot. 275 Merit is a home with nearby schools including Portola High School, Lake Forest Montessori School, and Crean Lutheran High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Heritage Fields El Toro Llc
Bought by
New Home Company Southern California Llc
Current Estimated Value
$2,727,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$577,311
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,234,847

Purchase Details

Closed on
Jul 19, 2021
Sold by
New Home Company Southern California Llc
Bought by
Mcelroy Conor and Mcelroy Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$577,311
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,234,847
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
New Home Company Southern California Llc -- First Amer Ttl Co Homebuilde
Mcelroy Conor $1,579,500 First American Title Co Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelroy Conor $625,000
Source: Public Records

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 $28,455 $1,663,995 $747,839 $916,156
2024 $28,455 $1,631,368 $733,175 $898,193
2023 $27,842 $1,599,381 $718,799 $880,582
2022 $27,296 $1,568,021 $704,705 $863,316
2021 $13,599 $21,818 $21,818 $0
2020 $251 $21,595 $21,595 $0
2019 $1,847 $21,172 $21,172 $0
Source: Public Records

Map

California Orange County Irvine 92618 Great Park

275 Merit, Irvine, CA

This home is located at 275 Merit, Irvine, CA 92618 and is currently estimated at $2,727,121, approximately $788 per square foot. 275 Merit is a home with nearby schools including Portola High School, Lake Forest Montessori School, and Crean Lutheran 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.

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