NOT LISTED FOR SALE

Estimated Value: $2,944,228 - $3,393,000

4 Beds
3 Baths
2,827 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $1,615,000 $571 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $18,543/month

Highlights

  • City Lights View
  • Community Pool
  • Hiking Trails
  • Alderwood Elementary Rated A
  • Den
  • 2 Car Attached Garage

About This Home

As of October 2022

This beautiful highly sought-after Cortona Residence 2 is 2,827 sq. ft. Open floor plan home offers 4 bedrooms (including one downstairs bedroom), 3 bathrooms plus an upstairs den/tech center. Stainless steel appliances, granite counters, kitchen island, open to the spacious family room with fireplace. Hardwood floors throughout the first floor. Enjoy World-Class Amenities such as the clubroom, full-size basketball court, and a junior Olympic pool. Award-winning Irvine Unified School District schools (Alderwood Elementary, Rancho San Joaquin Middle, University High). Minutes from Irvine Spectrum Center, Quail Hill Shopping Center and Laguna Beach.

Last Agent to Rent the Property

Amanda Hong

GoGo Realtors R.H Corp. License #01898343 Listed on: 09/10/2022

Last Renter's Agent

Amanda Hong

GoGo Realtors R.H Corp. License #01898343 Listed on: 09/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,592

Year Built

  • Built in 2014

Lot Details

  • 4,231 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 2,827 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/1/21
  • Tax Lot 55
  • Tax Tract Number 1
  • Assessor Parcel Number 58825125

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,592

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 800
  • Deposit Security: 8000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 58825125
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2827.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.98
  • Room Type: Den, Family Room, Formal Entry, Kitchen, Laundry

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Street Lights

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4231.00
  • Lot Size Acres: 0.0971

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4231.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.21
  • Tax Lot: 55
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2019
Closed on
May 31, 2019
Sold by
Li Jianwei and Chen Yidan
Bought by
Fang Honghui and Zhu Yan
Seller's Agent
Amanda Hong
GoGo Realtors R.H Corp.
Buyer's Agent
Rachel & Doug Swardstrom Group
Coldwell Banker Realty
Sold Price
$5,150
Current Estimated Value
$3,154,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,149,657
Avg. Annual Appreciation
10.51%
Original Mortgage
$800,000
Outstanding Balance
$712,616
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,300,631

Purchase Details

Closed on
Feb 9, 2015
Sold by
Chen Yidan
Bought by
The Li/Chen Family Trust

Purchase Details

Closed on
Dec 17, 2012
Sold by
Li Jianwei
Bought by
Chen Yidan

Purchase Details

Closed on
Dec 6, 2012
Sold by
Irvine Pacific Lp
Bought by
Chen Yidan
Source: Public Records

Range of Values:

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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
Fang Honghui $1,615,000 Fidelity Natl Ttl Orange Cnt
The Li/Chen Family Trust -- None Available
Chen Yidan -- First American Title Company
Chen Yidan $1,023,000 First American Title Company
Irvine Pacific Lp -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Honghui $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Rented $5,600 0.0% --
09/29/2022 09/29/22 Price Changed $5,600 -4.8% $2 / Sq Ft
09/10/2022 09/10/22 For Rent $5,880 +1.4% --
07/25/2021 07/25/21 Rented $5,800 0.0% --
07/22/2021 07/22/21 Off Market $5,800 -- --
07/21/2021 07/21/21 Price Changed $5,800 +5.5% $2 / Sq Ft
07/16/2021 07/16/21 For Rent $5,500 +6.8% --
07/16/2019 07/16/19 Rented $5,150 +1.0% --
07/08/2019 07/08/19 Price Changed $5,100 +2.4% $2 / Sq Ft
07/06/2019 07/06/19 For Rent $4,980 0.0% --
06/27/2019 06/27/19 Sold $1,615,000 -2.0% $571 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $1,648,000 -- $583 / 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 $22,592 $1,801,562 $1,236,082 $565,480
2024 $22,592 $1,766,238 $1,211,845 $554,393
2023 $22,186 $1,731,606 $1,188,083 $543,523
2022 $21,832 $1,697,653 $1,164,787 $532,866
2021 $21,490 $1,664,366 $1,141,948 $522,418
2020 $21,307 $1,647,300 $1,130,238 $517,062
2019 $15,984 $1,129,274 $658,589 $470,685
2018 $15,731 $1,107,132 $645,676 $461,456
2017 $15,504 $1,085,424 $633,016 $452,408
2016 $15,284 $1,064,142 $620,604 $443,538
2015 $15,129 $1,048,158 $611,282 $436,876
2014 $15,775 $1,027,627 $599,308 $428,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22199168

California Regional Multiple Listing Service (CRMLS)

APN: 588-251-25