NOT LISTED FOR SALE

Estimated Value: $1,310,858 - $1,374,000

3 Beds
2.5 Baths
1,919 Sq Ft
$702/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $1,320,000 $688 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,778/month

49 Days on Market

Highlights

  • Open Floorplan
  • Sauna
  • Community Pool
  • Beacon Park Rated A
  • Granite Countertops
  • Outdoor Cooking Area

About This Home

As of October 2024

Discover contemporary elegance in this beautifully appointed residence at 278 Novel in the heart of Irvine. This stunning home offers a perfect blend of modern sophistication and functional design, making it an ideal retreat for discerning buyers. The open-concept floor plan features high ceilings and abundant natural light, creating an airy and inviting atmosphere. Enjoy seamless transitions between living spaces, perfect for both relaxing and entertaining. The chef’s kitchen is equipped with top-of-the-line stainless steel appliances, sleek countertops, and ample cabinetry. The center island provides additional prep space and serves as a focal point for casual dining. Energy-efficient features, stylish finishes, and thoughtful details throughout enhance the home’s appeal. The master suite offers a private sanctuary with a generous walk-in closet and an en-suite bathroom featuring dual vanities, a soaking tub, and a separate shower. Additional bedrooms are well-sized and thoughtfully designed to accommodate various needs. Located in the highly sought-after Great Park community, residents benefit community amenities, including 10 clubhouses , resort-style pools, spas, parks, outdoor kitchens, dog parks, playgrounds, walking and biking trails and access to top-rated schools, parks, shopping, and dining options just moments away. This prime Irvine location also offers convenient access to major freeways, making commuting a breeze. 278 Novel is not just a home; it's a lifestyle. Experience the perfect balance of luxury and convenience in this exceptional property. Schedule your private tour today and envision your future in this exquisite Irvine gem.

Last Agent to Sell the Property

REBECCA XU

Real Brokerage Technologies Brokerage Phone: 626-759-3561 License #01964524 Listed on: 08/13/2024

Real Brokerage Technologies

Last Buyer's Agent

Luis Hernandez

Keller Williams Realty License #01833837

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,919 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 17939
  • Assessor Parcel Number 93003009
  • $6,225 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Great Park Neighborhoods Community Association, Phone Number (949) 465-2217
  • Modo Neighborhood Association, Phone Number (949) 768-7261

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Sauna

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

0

HOA Fees

$511 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer and refrigerator
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93003009
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1919.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 687.86
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Modo Neighborhood Association
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 235.00
  • Association #2 Fee: 276.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Great Park Neighborhoods Community Association
  • Phone: 949-465-2217
  • Association Phone #2: (949) 768-7261
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Park
  • Association Management: Great Park Neighborhoods Community Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.39
  • Tax Lot: 16
  • Tax Tract Number: 17939
  • TaxOtherAnnualAssessmentAmount: 6225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
District One West Ba 155 Llc
Bought by
Xia Yonggeng and Wang Shumei
Current Estimated Value
$1,346,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,500
Outstanding Balance
$461,581
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$884,634
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
Xia Yonggeng $784,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xia Yonggeng $509,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $1,320,000 +5.6% $688 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $1,250,000 -7.4% $651 / Sq Ft
08/13/2024 08/13/24 For Sale $1,350,000 0.0% $703 / Sq Ft
10/30/2023 10/30/23 Rented $4,300 -2.3% --
10/06/2023 10/06/23 Off Market $4,400 -- --
10/03/2023 10/03/23 Price Changed $4,400 -4.3% $2 / Sq Ft
07/27/2023 07/27/23 For Rent $4,600 +35.3% --
02/12/2020 02/12/20 Rented $3,400 -2.9% --
02/11/2020 02/11/20 Under Contract -- -- --
01/08/2020 01/08/20 For Rent $3,500 -- --
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 $14,814 $1,320,000 $888,031 $431,969
2024 $14,814 $840,595 $468,274 $372,321
2023 $14,495 $824,113 $459,092 $365,021
2022 $14,211 $807,954 $450,090 $357,864
2021 $13,932 $792,112 $441,264 $350,848
2020 $13,809 $783,990 $436,739 $347,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24166697

California Regional Multiple Listing Service (CRMLS)

APN: 930-030-09