NOT LISTED FOR SALE

28 Rainbow Falls Unit 16 Irvine, CA 92603

Turtle Rock Neighborhood

Estimated Value: $1,354,000 - $1,670,000

2 Beds
2 Baths
1,784 Sq Ft
$866/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $590,000 $331 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $9,682/month

67 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Wood Flooring
  • Turtle Rock Elementary Rated A
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of March 2012

Prestigious Turtle Rock Garden Home... Amazing location...Must see the inside to appreciate the views.....Rare tranquil back yard backing to an Open green hillside.....Move in ready.....Bring your toothbrush...Wood floor entry leads to a light, bright and airy front room and dining room that looks out on this lush tranquil setting.....Gourmet Gas kitchen with Corian counters, skylite tube...also looking out on an enclosed side yard.....Living room has cathedral ceilings and a cozy fireplace.....Den on the first floor could be a 3rd bedroom. The second bedroom looks out on to the lush backyard landscape.....Very Private Master suite on next level has a custom huge shower.....Surprise awaits you when you Walk down to a dry bar setting + another room that can be an office with custom desk and cabinets-not counted in the square footage.....Walk to Award winning IUSD schools, Turtle Rk Elementary without crossing a street & University Hi (#8 In the nation)..... World class shops.UCI,IVC+++

Last Agent to Sell the Property

Adrienne Oranges

First Team Real Estate License #00668394 Listed on: 01/11/2012

First Team Real Estate

Co-Listed By

Gregory Oranges

First Team Real Estate License #01151465

Last Buyer's Agent

Adrienne Oranges

First Team Real Estate License #00668394 Listed on: 01/11/2012

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,792

Year Built

  • Built in 1976

Lot Details

  • Cul-De-Sac
  • Private Yard
  • Back Yard

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Converted Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Shutters
  • Custom Window Coverings
  • Formal Entry
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room
  • L-Shaped Dining Room
  • Den
  • Storage
  • Laundry in Garage
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Cooktop
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8999
  • Assessor Parcel Number 93475016

Community Details

Overview

  • Master Insurance
  • Built by Irvine Pacific
  • Laurel
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,792

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: negotiable on Ref, washer and dryer
  • Other Phone Description: Preferred
  • Other Phone Number: 949-262-2150
  • Property Attached: Yes
  • Subdivision Name Other: Glen Garden Homes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93475016
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1784.00
  • Interior Amenities: Balcony, Corian Counters, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Ell, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 330.72
  • Room Type: Den, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Wine Cellar
  • Spa Features: Association
  • Window Features: Custom Covering, Shutters

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: No
  • Builder Name: Irvine Pacific
  • Patio And Porch Features: Enclosed
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Converted Garage, Direct Garage Access, Garage Door Opener, Garage - Single Door, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Gas Cooking, Disposal, Range, Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 420.00
  • Association #2 Fee: 80.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard, Cul-De-Sac, Greenbelt, Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 140
  • Number Of Units Total: 140

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2025
Sold by
Mahdavi Saeed
Bought by
Lin Mahdavi Living Trust and Mahdavi
Current Estimated Value
$1,544,954

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 23, 2012
Sold by
Mcmahon Brigid D
Bought by
Mahdavi Saeed
Seller's Agent
Adrienne Oranges
First Team Real Estate
Buyer's Agent
Adrienne Oranges
First Team Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$413,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 20, 2012
Sold by
Lin Hueifen
Bought by
Mahdavi Saeed
Seller's Agent
Adrienne Oranges
First Team Real Estate
Buyer's Agent
Adrienne Oranges
First Team Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2004
Sold by
Mcmahon Brigid D
Bought by
Mcmahon Brigid D and The Brigid D Mcmahon Living Trust

Purchase Details

Closed on
May 20, 2002
Sold by
Mcmahon Brigid D
Bought by
Mcmahon Brigid D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,500
Interest Rate
6.25%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Turner Dennis Irwin
Bought by
Mcmahon Brigid D

Purchase Details

Closed on
Jan 10, 2001
Sold by
Bischoff Jerry R and Bischoff Mary L
Bought by
Mcmahon Brigid D
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
Lin Mahdavi Living Trust -- None Listed On Document
Mahdavi Saeed $590,000 Ticor Title Company
Mahdavi Saeed -- Ticor Title Company
Mcmahon Brigid D -- --
Mcmahon Brigid D -- South Coast Title
Mcmahon Brigid D -- Orange Coast Title
Mcmahon Brigid D $433,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahdavi Saeed $283,000
Previous Owner Mahdavi Saeed $360,000
Previous Owner Mahdavi Saeed $413,000
Previous Owner Mcmahon Brigid D $300,000
Previous Owner Mcmahon Brigid D $349,000
Previous Owner Mcmahon Brigid D $344,500
Previous Owner Mcmahon Brigid D $341,500
Previous Owner Bischoff Jerry R $248,500
Closed Mcmahon Brigid D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $590,000 -5.6% $331 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $625,000 +5.9% $350 / Sq Ft
01/11/2012 01/11/12 Off Market $590,000 -- --
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
2024 $7,792 $726,538 $571,401 $155,137
2023 $7,592 $712,293 $560,197 $152,096
2022 $7,456 $698,327 $549,213 $149,114
2021 $7,290 $684,635 $538,444 $146,191
2020 $7,248 $677,615 $532,923 $144,692
2019 $7,089 $664,329 $522,474 $141,855
2018 $6,963 $651,303 $512,229 $139,074
2017 $6,820 $638,533 $502,185 $136,348
2016 $6,518 $626,013 $492,338 $133,675
2015 $6,474 $616,610 $484,942 $131,668
2014 $6,349 $604,532 $475,443 $129,089
Source: Public Records

Agents Affiliated with this Home

  • Adrienne Oranges

    Seller's Agent in 2012

    Adrienne Oranges

    First Team Real Estate

    (949) 939-2150

    12 in this area

    37 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2012

    Gregory Oranges

    First Team Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S684425

California Regional Multiple Listing Service (CRMLS)

APN: 934-750-16

California Orange County Irvine 92603 Turtle Rock

28 Rainbow Falls Unit 16, Irvine, CA

This home is located at 28 Rainbow Falls Unit 16, Irvine, CA 92603 since 11 January 2012 and is currently estimated at $1,544,954, approximately $866 per square foot. This property was built in 1976. 28 Rainbow Falls Unit 16 is a home located in Orange County with nearby schools including Turtle Rock Elementary, Rancho San Joaquin Middle School, and University 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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